Spottiswoode 18

Spottiswoode 18 is a freehold apartment, condominium completed in 2014. It is developed by RL DEVELOPMENTS PTE LTD and designed by RONNY CHIN ARCHITECTS PTE LTD. The development occupies a land area of 3,871 sqm and a Gross Floor Area of 10,839 sqm. It consists of 251 units. According to records, buyers of this development are Singaporean 86.0%, PR 8.5%, Foreigner 5.2%, Company 0.3%.

SPOTTISWOODE 18 is located along Spottiswoode Park Road in Bukit Merah, in District 2. It is accessible through the nearest MRTs including Outram Park EW16, NE3, TE17 and Maxwell TE18.

Based on transaction data in the last 12 months, sale prices range from S$ 1,589 psf to S$ 2,434 psf at an average of S$ 2,258 psf. Its highest recorded transaction was S$ 2,529 psf in Jan 2023 for a 388-sqft unit. Its lowest recorded transaction was S$ 1,344 psf in May 2012 for a 1,324-sqft unit. Its current rental yield is at 4.5%. Other nearby amenities include: 3 Grocerie(s): NTUC FAIRPRICE CO-OPERATIVE LTD, NTUC FAIRPRICE CO-OPERATIVE LTD, PAN PACIFIC INTERNATIONAL HOLDINGS PTE. LTD., and 3 Shopping Mall(s): TANJONG PAGAR PLAZA, 100 AM, AMARA SHOPPING CENTRE.

Buyers and tenants are attracted to District 2, which consists of Anson Road, Tanjong Pagar and Chinatown. Many buildings in District 2 have undergone upgrades, keeping pace with Singapore’s property evolution. As such, spanning across this busy metropolitan area are high-rise office buildings, residential blocks and commercial structures. Anson Road is renowned for its residential and commercial towers. Chinatown, just a stone’s throw away, is a distinctively historical and cultural enclave where major points have been declared national heritage sites. For foodies, one can find a wide variety of affordable and authentic local dishes at The Maxwell Food Centre that houses hawkers from the vicinity. District 2 is also home to Pinnacle @ Duxton, an iconic HDB project with seven 50-storey tower blocks linked with sky gardens at the 26th and 50th storeys that offer panoramic views of the city.

As a major financial and business hub, the Central Region stands as the dynamic city centre of Singapore. Spanning 13,150ha in land area, the region hosts Singapore's only UNESCO World Heritage Site and is home to many of the country's national monuments, such as the Merlion Park and Statue of Raffles. Although the region is designated mainly for commercial activities, it houses residential developments ranging from HDBs to bungalows. There is also plenty of greenery in the region, linked by 19km of park connectors. According to the Master Plan 2019, Orchard and Downtown will be rejuvenated as a lifestyle hub to include more mixed developments which offer live, work and play opportunities. New housing will be constructed in the Marina South Area with community facilities and amenities. Stage-6 of the Circle Line opening by 2025 will also enhance the Central Region's connectivity.