Otto Place EC Preview: 4 - 15 July 2025
- Why Invest in Otto Place EC?
- Who are the Developers of Otto Place EC?
- What are the Prices for Otto Place EC?
- Where is Otto Place EC Located?
- A Brief Introduction to Tengah “Forest Town”
- Transport Connectivity
- Shopping and Amenities Near Otto Place EC
- Nature Parks and Outdoor Recreation
- Schools Near Otto Place Executive Condo
- Proximity to Major Employment Hubs
- Proximity to Major Employment Hubs
- Conclusion: An Investment Perspective
- Other New Property Launches
This is a property review of Otto Place EC at Tengah Plantation Close in Singapore’s District 24. It will be developed by a joint venture between Hoi Hup Realty and Sunway Developments, which also developed Novo Place EC adjacent to it.
The development will comprise a 15-storey block, a 16-storey block, and six 20-storey blocks offering a total of 600 residential units.
Tengah is poised to become Singapore's first "forest town," a unique car-lite residential district that seamlessly blends urban living with nature and smart technology.
This review of Otto Place EC will provide an evaluation of the following (click on the links below for detailed information on each section):
- Locational attributes.
- Design features (to be updated).
- Investment potential.
- Comparative market analysis.
Why Invest in Otto Place EC?
- Trusted Developers: Helmed by the highly respected partnership of Hoi Hup Realty Pte Ltd and Sunway Developments, award-winning developers renowned for consistently delivering quality, innovative, and sustainable residential projects across Singapore.
- Strong Demand for Executive Condos: Limited supply of ECs in a rapidly evolving town offers a first-mover advantage.
- Excellent Transport Connectivity: Situated within a 5-minute walk of 2 MRT stations on the Jurong Regional Line – Tengah Park and Bukit Batok West – they offer convenient commutes to other parts of Singapore.
- Comprehensive Lifestyle Facilities: Offer a full suite of modern facilities designed to meet the needs of today’s discerning homeowners and tenants.
- Eco-Conscious Design for Sustainable Living: Incorporates green and sustainable building features such as energy-efficient appliances.
- Surrounded by Lush Greenery and Smart Infrastructure: As part of the Tengah Forest Town, it enjoys access to nature, such as the Forest Corridor, Community Farmways, and a network of green trails and parks.
- Smart Infrastructure: Tengah will be equipped with smart features such as centralised cooling systems and integrated waste collection, making it one of Singapore’s most forward-thinking urban districts.
- Car-Free Town Centre: Situated near Singapore’s first car-free town centre in Tengah which prioritises pedestrians and cyclists, creating a walkable and sustainable urban environment.
- Access to Retail and F&B Hubs: Convenient access to vibrant shopping and dining destinations such as the Tengah Market Place, a future neighbourhood centre, while Jurong East’s bustling malls like JEM, Westgate, and IMM are only a few MRT stops away.
- Abundant Leisure and Outdoor Activities: Proximity to a wide range of recreational opportunities such as the Jurong Lake Gardens, Singapore Science Centre, and multiple community parks.
- Close to Reputable Schools and Educational Institutions: Located within a 2-km radius of Princess Elizabeth Primary, Shuqun Primary, and the future co-ed Anglo-Chinese School (Primary), with Dulwich College (International) a short walk away, and NTU easily accessible via MRT.
- Strong Investment Prospects: To benefit from the transformation of the Jurong Lake District into Singapore’s second Central Business District and the nearby Jurong Innovation District.
Who are the Developers of Otto Place EC?
Otto Place EC is a joint venture project between Hoi Hup Realty and Sunway Developments. Both are well-known developers with an extensive presence in Singapore's residential real estate landscape.
Hoi Hup Realty: A well-established real estate developer with over 40 years of experience. Renowned for its commitment to excellence, the company has received numerous accolades for its innovative, sustainable, and high-quality developments across the residential, commercial, and hospitality sectors.
Sunway Developments: Part of Malaysia’s Sunway Group, it has established a reputation in developing innovative residential, commercial and retail properties. Its extensive portfolio of urban projects spans many exciting growth markets such as Malaysia, China, Singapore, Cambodia, Vietnam, the UK and Australia.
Hoi Hup Realty and Sunway Developments have jointly developed numerous residential projects in Singapore since 2007. Some of their latest projects include Ki Residences, Terra Hill, the Continuum, and Novo Place.
What are the Prices for Otto Place EC?
The prices for Otto Place EC have not been released yet.
Nevertheless, based on its last cost and recent executive condo launches, it is expected to sell at an average price between $1,600 psf to $1,650 psf.
This will compare favourably to the average launch prices for Novo Place EC (November 2024) and Aurelle of Tampines (March 2025), which achieved $1,654 psf and $1,766 psf, respectively.
Both have a higher land cost than Otto Place EC’s $701 psf ppr, with Novo Place at $703 psf ppr and Aurelle of Tampines at $721 psf ppr.
Hence, Otto Place EC will offer an attractive proposition amid the rising cost of EC land, where the Tampines Street 95 executive condo site hit a new record of $768 psf ppr.
Where is Otto Place EC Located?
Bounded by Jurong Road and Bukit Batok Road, it enjoys convenient access to two MRT stations – Bukit Batok West (JE3) and Tengah Park (JE2) on the Jurong Regional Line. They are just a 3- to 6-minute walk from the development.
About 1 km away from Otto Place is the Plantation Plaza, which has a Giant supermarket, a Koufu food court, various fast-food outlets like McDonald’s, KFC and Pizza Hut, plus many other eateries and retail shops.
One stop away is the Tengah MRT station and Tengah Town Centre, known as the Market Place. It will feature a bus interchange, polyclinic, community club, sports centre, retail shops, and many other amenities that cater to the burgeoning new housing estate.
A Brief Introduction to Tengah “Forest Town”
Tengah is Singapore's first smart and sustainable town. The ambitious 700-hectare development in the western part of Singapore will feature around 42,000 housing units across five districts – Plantation, Garden, Park, Brickland, and Forest Hill, each with its unique character.
The design of the Tengah housing estate emphasises balancing nature and high technology to enhance the quality of living. Among the most significant features is the use of a centralised cooling system, the first to be implemented on Singapore's public housing. It is based on chilled water for power-saving cooling, potentially offering enormous life-cycle cost savings over conventional air conditioning.
These are supplemented by other technologies, including smart home devices, efficient street lights, and waste management systems designed to promote sustainable living.
Tengah also has expansive green areas such as the 20-hectare central park and community farmways. It is also the first car-free town centre in Singapore with roads underground. This is to encourage walking and cycling while providing residents with a "forest on your doorstep" lifestyle.
Each of these materials attempts to construct a cleaner, more energy-efficient, and more community-focused urban environment.
Transport Connectivity
Otto Place EC is strategically located between the Tengah Park and Bukit Batok West MRT stations on the Jurong Regional Line. Both stations are within a 5-minute walk from the development.
The JRL is expected to be operational by 2028 and will provide convenient travel across Singapore, including key employment hubs like Jurong Lake District (JLD), Jurong Innovation District (JID), and Tuas Port mega-port, as well as Nanyang Technological University.
Residents will also have easy access to the Pan-Island Expressway (PIE), Ayer Rajah Expressway (AYE), and Kranji Expressway (KJE). These road networks will lead to faster commutes and broader access to jobs and amenities, potentially boosting property values.
In addition to the MRT network, Novo Place EC’s proximity to the Pan-Island Expressway (PIE), Ayer Rajah Expressway (AYE), and Kranji Expressway (KJE) will offer residents quick access to the city, whether commuting to work or exploring various parts of the island.
Shopping and Amenities Near Otto Place EC
Otto Place EC residents can look forward to convenient access to a wide array of shopping, dining, entertainment, and essential amenities. These places include the following:
- Yuhua Village Market and Food Centre: Located about 500m away, it offers a wide range of goods and services, with the main attraction being its affordable hawker food, groceries and fresh produce.
- Plantation Plaza: About 1 km from Otto Place EC, it features over 10,000 sq m retail space over five floors. Some of its tenants include a Koufu food court and Giant supermarket. There will also be a variety of fast-food outlets, cafes, and retail shops catering to the needs of residents in the estate.
- Tengah Market Place: Designed as a car-free zone, residents can look forward to an array of shops, cafes, restaurants, and various food options, plus lifestyle and retail shops. A Market and Food Centre will also offer affordable local fares and fresh produce.
- Jurong East Shopping Malls: Just two stops from the Bukit Batok West MRT station, it is a vibrant hub known for major shopping malls like JEM, Westgate, and IMM. They provide residents with a wide selection of shopping, dining, and entertainment options. Beyond these malls, convenient food courts, supermarkets, and sundry shops ensure easy access to daily essentials.
Nature Parks and Outdoor Recreation
An attractive feature of Otto Place EC is its proximity to a network of nature parks. This will enhance the quality of life for its residents by providing convenient access to green spaces for recreation, leisure, and overall well-being.
Some of these nature parks include:
- Tengah Forest Corridor (upcoming): A 100-metre wide and 5-kilometre long trail that connects to the Western Catchment Area and the Central Catchment Nature Reserve, it provides seamless access to a wider ecological landscape, promoting a nature-integrated lifestyle.
- Bukit Batok Nature Park: The 36-hectare park with a stunning quarry lake, hiking trails, rich biodiversity, and historical significance offers families a fun day out.
- Bukit Batok Town Park: Known as “Little Guilin," it offers serene lakeside strolls and picturesque picnic spots.
- Bukit Batok Hillside Nature Park: To be progressively opened from 2028, this new 9.2-hectare park will offer even more trails and an enhanced natural stream to explore.
- Bukit Batok Central Nature Park (upcoming): As part of the Bukit Batok Nature Corridor, it will help to enhance green connections and biodiversity, providing greater opportunities for residents to engage with nature.
- Jurong Lake Gardens: The 90-hectare park, which comprises the Chinese Garden, Japanese Garden, and Lakeside Garden, offers a diverse range of experiences and activities. Residents can enjoy water play areas, nature-themed playgrounds, cultural immersion through architecture, and serene landscapes, providing a wealth of recreational and leisure options that enrich their lifestyle.
Schools Near Otto Place Executive Condo
Otto Place EC offers residents proximity to several educational institutions.
For children entering Primary 1, they have a wide choice of schools located within a 2-km radius, which will provide them with priority admission under the Education Ministry’s distance-based allocation system.
Primary Schools Within a 1-km Radius
- Jurong Primary School.
- Princess Elizabeth Primary School.
- Yuhua Primary School.
Primary Schools Within a 1 to 2-km Radius
- Bukit View Primary School.
- Dazhong Primary School.
- Fuhua Primary School.
- Rulang Primary School.
- Shuqun Primary School.
- Anglo-Chinese School (Primary) – relocated to Tengah in 2030.
For secondary and post-secondary education, schools nearby include Bukit Batok Secondary School, Bukit View Secondary School, Crest Secondary School, Dunearn Secondary School, Hillgrove Secondary School, Jurong Secondary School, and Millenia Institute.
When the Jurong Regional Line is fully completed in 2029, students will have direct access to Nanyang Technological University (NTU), just nine stops from Otto Place.
International School
Less than 500m away from Otto Place EC is Dulwich College, a British international school for children between the ages of 2 to 18 years.
Offering globally recognised qualifications such as the IGCSE, IB Diploma, and IB Career-related Programme, it is highly sought-after by expatriate families seeking a rigorous, holistic education for their children.
For investors of Otto Place, this proximity presents a significant opportunity. With the Singapore government imposing an Additional Buyer’s Stamp Duty (ABSD) of 60% on foreigners purchasing private residential properties, many expatriate families are now opting to rent rather than buy.
This has fuelled strong rental demand, particularly for well-located residences near reputable international schools.
Proximity to Major Employment Hubs
Otto Place executive condo is located near several major employment hubs via the Jurong Regional and connected MRT lines, providing job opportunities closer to homes. Given the shorter daily commutes, residents in Tengah and the surrounding housing estates will enjoy a better quality of living.
In addition, this will offer sustained housing demand, boosting the investment prospects of the property. Some of the major employment hubs are:
- Jurong Lake District (JLD): Set to become Singapore's second CBD, it has the potential to generate over 100,000 jobs in finance, technology, and business services.
- Jurong Innovation District (JID): A high-tech industrial park with a focus on advanced manufacturing and R&D, it is expected to create more than 95,000 job opportunities for specialised professionals.
- CleanTech Park: Located within Jurong Innovation District, it is a 50-hectare eco-business park fostering cleantech research, development, and adoption. It hosts environmentally conscious businesses and R&D, aiming for sustainability with green buildings and preserved natural terrain, integrating with NTU.
- Tuas Mega Port: One of the world's biggest and most advanced container terminals, it will generate significant economic activities and associated job opportunities in the logistics and maritime sectors.
Proximity to Major Employment Hubs
Otto Place executive condo is located near several major employment hubs via the Jurong Regional and connected MRT lines, providing job opportunities closer to homes. Given the shorter daily commutes, residents in Tengah and the surrounding housing estates will enjoy a better quality of living.
In addition, this will offer sustained housing demand, boosting the investment prospects of the property. Some of the major employment hubs are:
- Jurong Lake District (JLD): Set to become Singapore's second CBD, it has the potential to generate over 100,000 jobs in finance, technology, and business services.
- Jurong Innovation District (JID): A high-tech industrial park with a focus on advanced manufacturing and R&D, it is expected to create more than 95,000 job opportunities for specialised professionals.
- CleanTech Park: Located within Jurong Innovation District, it is a 50-hectare eco-business park fostering cleantech research, development, and adoption. It hosts environmentally conscious businesses and R&D, aiming for sustainability with green buildings and preserved natural terrain, integrating with NTU.
- Tuas Mega Port: One of the world's biggest and most advanced container terminals, it will generate significant economic activities and associated job opportunities in the logistics and maritime sectors.
Conclusion: An Investment Perspective
Otto Place EC offers a compelling investment opportunity due to the exciting plans in this western part of Singapore. Besides the proximity to amenities, schools, and job opportunities, the new Tengah housing estate also provides the following advantages:
- First-Mover Advantage & Price Growth: New home prices tend to rise with each successive launch within the cluster, driven by factors like increasing land and construction costs. This can lead to appreciation for earlier buyers.
- Developer Competition: Proximity of new projects drives developers to offer better designs/features, raising overall value.
- Urban Planning Efficiency: Concerted development reduces fragmented growth, ensuring better facilities and amenities for the community.
- Supported Price Appreciation: Comparable pricing among projects in the cluster helps maintain market confidence and supports steady price appreciation across the entire precinct.
- Market Confidence: Consistent transaction volumes in clusters signal confidence, reducing investment risk.
Comparative Market Analysis
To assess how executive condos have been performing, let’s have a look at some of the latest EC launches.
Project | Luanch Date | Average Launch Price (psf) | Land Cost (psf ppr) |
Copen Grand | October 2022 | $1,300 psf | $603 |
Tenet | December 2022 | $1,360 psf | $659 |
Novo Place EC | November 2014 | $1,654 psf | $703 |
Aurelle of Tampines | March 2025 | $1,766 psf | $721 |
The above shows that EC prices have appreciated quite substantially over a relatively short time. This could be attributed to their still-attractive prices compared to mass-market private condos. Hence, it is not surprising that new executive condos launched recently have met with very strong demand.
In addition, land prices for ECs have risen, demonstrating that housing developers are still optimistic about this segment of the market.
In the latest EC land tenders, the Jalan Loyang Besar land cost hit $729 psf ppr in August 2024, which was then surpassed by the Tampines Street 95 site at $768 psf ppr in October 2024.
Given Otto Place EC’s relatively low land cost of $701 psf ppr, it will still offer an attractive proposition as future EC prices are expected to be higher.
Meanwhile, below is a comparative market analysis of executive condos against private condos. An examination of their 10-year average price (psf) trends will offer insight into their respective investment potential.
For a more accurate analysis, only 99-year private condos in the Outside Central Region are considered as all executive condos are on 99-year leases and built in the suburbs.
In the chart above, the average price appreciations (psf) over the last 10-year period are as follows:
- Executive Condos: +81.92%
- Private Condos: +39.82%
This shows that executive condos have outperformed private mass-market condos. With executive condo prices launching around 25-30% lower than private condos, Otto Place is expected to attract strong interest, especially given its location close to two MRT stations in a new growth area.
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Other New Property Launches
- Upperhouse@Orchard Boulevard, an integrated development in prime District 10.
- The Robertson Opus, a rare 999-year mixed development at vibrant Robertson Quay.
- One Marina Gardens, an integrated development at Marina South.
- W Residences - Marina View, a mixed development at Marina Bay.
- Aurea, a redevelopment of the conserved Golden Mile Complex.
- Union Square Residences, an exclusive mixed-use development near Clarke Quay.
- One Sophia, a mixed-development along Selegie Road.
- Newport Residences, a mixed development overlooking the Greater Southern Waterfront.
- Bloomsbury Residences, a mixed development at Media Circle, One-North.
- Arina East Residences, a freehold condo at Tanjong Rhu.
- Lyndenwoods, the first condo development at Singapore Science Park.
- Meyer Blue, a rare freehold condo at Meyer Road.
- Canberra Crescent, a condo near Canberra Plaza.
You can search for more properties in our project information.