District 02 · Bukit Merah · RCR
Spottiswoode Residences
Spottiswoode Park Road · Condominium · Freehold
Current PSF
$2,273
+1.3% vs district median
Gross yield
3.2%
median rent $4,800/mo
3-year gain
-3.4%
Transactions · 5y
58
13 in last 12 months
Nearest MRT
Outram Park Mrt Station · 723.762m
EWL,NEL,TEL
Future MRT
West Coast Mrt Station
CRL · 2032
Vs local HDB
+188% premium
HDB median $789 psf
Area income
$8,500/mo median
residential zone
En-bloc potential31 / 100
· composite of plot use, age, tenure, value gap & size
Tenanted
100%
units with active leases
Rent momentum
-2.0%
latest 2 qtrs vs year ago
Sub-sales
0.0%
flip ratio, last 24 months
Price spread
7%
PSF dispersion within project
The neighbourhood
P1 ring
Cantonment Primary School 349m · Phase 2C 0.3× · Chij (Kellock) 966m · Phase 2C 0.5× - inside the 1km priority ring; Phase 2C demand is last year’s applicants ÷ vacancies (MOE)
Secondary
Outram Secondary School · 1.2km
Food
Tanjong Pagar Plaza Blk 6 (Blk 6 Tanjong Pagar Plaza Market And Food Centre) · 720m
Green
Duxton Plain Pk · 625m - 3 parks within 1km
Mall
Concorde Shopping Centre · 1.5km
Health
Outram Community Hospital (hospital) · 293m
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
Price trend average PSF by year
2021
$2,084
2022
$2,158
+3.6%
2023
$2,309
+7%
2024
$2,272
-1.6%
2025
$2,296
+1.1%
2026
$2,230
-2.9%
Rental by bedroom
| Bedrooms | Median rent | Rental PSF | Yield | Contracts |
|---|---|---|---|---|
| 1BR | $3,800/mo | $5.85 | 3.1% | 311 |
| 2BR | $5,000/mo | $5.26 | 2.8% | 363 |
| 3BR | $7,800/mo | $5.38 | 2.8% | 57 |
Recent transactions URA, latest 10
| Date | Price | Area (sqft) | PSF | Floor |
|---|---|---|---|---|
| Jul 2026 | $1,320,000 | 603 | $2,190 | 21-25 |
| May 2026 | $2,390,000 | 926 | $2,582 | 31-35 |
| May 2026 | $1,300,000 | 603 | $2,157 | 06-10 |
| Mar 2026 | $1,265,000 | 603 | $2,099 | 06-10 |
| Jan 2026 | $1,280,000 | 603 | $2,124 | 16-20 |
| Dec 2025 | $2,265,000 | 915 | $2,476 | 11-15 |
| Dec 2025 | $1,805,000 | 797 | $2,266 | 21-25 |
| Dec 2025 | $1,350,000 | 603 | $2,240 | 26-30 |
| Nov 2025 | $2,250,000 | 936 | $2,403 | 16-20 |
| Oct 2025 | $2,228,000 | 926 | $2,407 | 11-15 |
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More in District 02
The HDB blocks next door
The entry point, measured: what the resale flats around Spottiswoode Residences actually sell for - this project trades at 3.2× the nearest block’s PSF.