District 02 · Bukit Merah · RCR
Spottiswoode Park
Spottiswoode Park Road · Apartment · 99 yrs lease commencing from 1973
Current PSF
$992
-55.8% vs district median
Gross yield
4.9%
median rent $4,140/mo
3-year gain
1.4%
Transactions · 5y
59
5 in last 12 months
Nearest MRT
Outram Park Mrt Station · 761.348m
EWL,NEL,TEL
Future MRT
West Coast Mrt Station
CRL · 2032
Vs local HDB
+26% premium
HDB median $789 psf
Area income
$8,500/mo median
residential zone
En-bloc potential59 / 100
53 years old · composite of plot use, age, tenure, value gap & size
Lease decay46 years left
worth 72.4%of freehold today (Bala’s Table) · loses ~7.0pts of freehold value over the next decade
Tenanted
100%
units with active leases
Rent momentum
+5.7%
latest 2 qtrs vs year ago
Sub-sales
0.0%
flip ratio, last 24 months
Price spread
9%
PSF dispersion within project
The neighbourhood
P1 ring
Cantonment Primary School 437m · Phase 2C 0.3× · Chij (Kellock) 878m · Phase 2C 0.5× - inside the 1km priority ring; Phase 2C demand is last year’s applicants ÷ vacancies (MOE)
Secondary
Outram Secondary School · 1.3km
Food
Tanjong Pagar Plaza Blk 6 (Blk 6 Tanjong Pagar Plaza Market And Food Centre) · 806m
Green
Silat Avenue Park · 695m - 3 parks within 1km
Mall
Concorde Shopping Centre · 1.5km
Health
Outram Community Hospital (hospital) · 263m
Who lives in Bukit Merah
Census of Population 2020 · planning-area aggregates · SingStat via data.gov.sg
Residents
151,250
Median age
46 yrs
41% under 40 · getting older
Children 0–9
12,440
▼ 15% since 2015 · future P1 demand
Household size
2.7 avg
Homes
89% HDB
9% condo · 0% landed
Degree holders
32%
residents 15+
Commute
63% transit
17% drive
45 min+ to work
16%
The neighbourhood, photographed
freely-licensed photographs taken within ~450 m · Wikimedia Commons
What the record shows
The floor premium
Over the last 3 years, units on the 10th floor and above transacted at a median $993 psf - 5% below units on floors 1–5 ($1,048 psf).
Price trend average PSF by year
2021
$951
2022
$947
-0.4%
2023
$973
+2.7%
2024
$987
+1.4%
2025
$1,056
+7%
2026
$987
-6.5%
Recent transactions URA, latest 10
| Date | Price | Area (sqft) | PSF | Floor |
|---|---|---|---|---|
| Mar 2026 | $938,000 | 850 | $1,103 | 01-05 |
| Feb 2026 | $1,100,000 | 1,270 | $866 | 11-15 |
| Jan 2026 | $1,325,000 | 1,335 | $993 | 21-25 |
| Nov 2025 | $1,375,000 | 1,270 | $1,083 | 16-20 |
| Oct 2025 | $1,160,000 | 1,270 | $913 | 01-05 |
| Jul 2025 | $1,338,000 | 1,270 | $1,053 | 21-25 |
| Jun 2025 | $965,000 | 850 | $1,135 | 11-15 |
| May 2025 | $940,000 | 850 | $1,105 | 01-05 |
| Mar 2025 | $1,250,000 | 1,270 | $984 | 11-15 |
| Mar 2025 | $1,240,000 | 1,313 | $944 | 11-15 |
HomeRadar AIlive
Ask anything about SPOTTISWOODE PARK
Grounded in this project’s data - yield, en-bloc, lease, nearby condos.
Sign in with Google to ask · AI-generated from this page’s data - may be inaccurate. Not financial advice.
More in District 02
The HDB blocks next door
The entry point, measured: what the resale flats around Spottiswoode Park actually sell for - this project trades at 1.4× the nearest block’s PSF.