The Scotts Tower

Overview

Unit Info

Sales

Rental

Surrounding

More

Overview

Unit Info

Sales

Rental

Surrounding

More

  See All 3 Photos

Sale Price *

Average
S$ 2,156 psf
Range
S$ 1,904 - 2,292 psf

Rental Price **

Average
S$ 5.9 psf pm
Range
S$ 4.2 - 8.5 psf pm

Rental Yield **

3.3%

Rental income expressed as a percentage of the property's value.

Amenities

3.5
3.5

Convenience

4.2
4.2

Connectivity

Details

No Data

*Based on URA sales data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

**Based on URA rental data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

Facilities
13 Facilities Available
Basement car park
Basement car park
Cafes
Cafes
Car Park
Car Park
Drop Off Point
Drop Off Point
Gymnasium room
Gymnasium room
Jacuzzi
Jacuzzi
Lap pool
Lap pool
Lift lobby
Lift lobby
Main entrance
Main entrance
Pavillion
Pavillion
Pool Deck
Pool Deck
24 hours security
24 hours security
Sky Lounge
Sky Lounge
Show All Facilities
Description
The Scotts Tower is a leasehold (103 yrs from 2010) condominium completed in 2016. It is developed by FAR EAST SUCCESS DEVELOPMENT PTE LTD and designed by ONG & ONG PTE LTD. The development occupies a land area of 6,100 sqm and a Gross Floor Area of 17,079 sqm. It consists of 231 units. According to records, buyers of this development are Singaporean 18.7%, PR 17.3%, Foreigner 61.3%, Company 2.7%.

THE SCOTTS TOWER is located along Scotts Road in Newton, in District 9. It is accessible through the nearest MRTs including Newton DT11, NS21 and Orchard TE14, NS22. The nearest schools are ASCOTT CENTRE FOR EXCELLENCE OF THE ASCOTT LIMITED and ANGLO-CHINESE SCHOOL (JUNIOR).

Based on transaction data in the last 12 months, sale prices range from S$ 1,904 psf to S$ 2,292 psf at an average of S$ 2,156 psf. Its highest recorded transaction was S$ 4,267 psf in Feb 2013 for a 872-sqft unit. Its lowest recorded transaction was S$ 1,858 psf in Nov 2020 for a 646-sqft unit. Its current rental yield is at 3.3%.

Other nearby amenities include: 3 Childcare Centre(s): THE KIDDIWINKIE PLACE (ENV) PTE. LTD., MULBERRY LEARNING CENTRE @CAIRNHILL PTE LTD, THE KIDDIWINKIE PLACE PTE LTD, and 3 Grocerie(s): NTUC FAIRPRICE CO-OPERATIVE LTD, ISETAN (SINGAPORE) LIMITED?, COLD STORAGE SINGAPORE (1983) PTE LTD, and 3 Kindergarten(s): Far Eastern Kindergarten, Newton Kindergarten, St. James' Church Kindergarten (Gilstead), and 3 Shopping Mall(s): FAR EAST PLAZA, DFS GALLERIA SCOTTSWALK, PACIFIC PLAZA.

Buyers and tenants are attracted to District 9, which includes Orchard Road, River Valley and Cairnhill. This district is part of Singapore’s Central Business District and has become a must-visit spot for Singapore tourists. Spanning almost 2.2km, Orchard Road represents one of Singapore’s best retail, dining and entertainment boulevards, catering to any taste or budget and ranging from luxury brands to high street fashion. District 9 has a huge selection of exclusive cosmopolitan bistros and on the other end of the scale, a number of popular international fast food restaurants. Fronting Orchard Road, ION Orchard Mall is home to designer brands, as well as Sephora’s largest store in the area. Another major shopping mall in this district is Great World, which caters to locals, with a Cold Storage supermarket, Best Denki electrical store, and Golden Village Cinema. Cairnhill is home to the first freehold Ritz-Carlton property in Asia - the Ritz-Carlton Residence. This property sets a new standard of luxury living in Singapore as these homes feature magnificent finishings, excellent facilities and exemplary services from the legendary The Ritz-Carlton.

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.
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Floor Plans
No Data
Size Distribution
Note: Estimated when over 70% of the unit sizes are known, may differ from actual unit size distribution.
No Data
Unit Mix
Bedroom Type
1BR
Area
624 - 850 sqft
No. of Units
123
Bedroom Type
2BR
Area
872 - 1389 sqft
No. of Units
16
Bedroom Type
N.A
Area
N.A - N.A sqft
No. of Units
92

Sales Transaction of THE SCOTTS TOWER (Limited to 10)

Unit Search
#
There are 139 more transactions. You could see them all with unit number if you are a Pro User. Click to learn more.

Date
Area(sqft)
Price(S$ psf)
Price (S$)
Type of Sale
Address
Type of Area
Purchaser Address
Source
No Data

Developer's Selling Prices

Note: Based on developer's monthly submission to URA

Source: URA, https://www.edgeprop.sg

Developer's Sales

Note: Based on developer's monthly submission to URA

Source: URA, https://www.edgeprop.sg

Price Trends

Volume Trends

No Data
Rental Transactions of THE SCOTTS TOWER
There are 604 more transactions. You could see them all with unit number if you are a Pro User. Click to learn more.

Lease Start
Unit Size (Sqft)
Monthly Rent (S$)
Bedrooms
Monthly Rent (Est. S$ psf)
Street
Type
Source
No data

Rental Trends

Average Rental Yield Analysis
*Based on transactions and rents in the past 6 months.
Unit Size (sqft)
Average Monthly Rent (S$)
Rental Contracts
Average Price (S$)
Transactions
Rental Yield (%)
600 to 700
4,001
31
2,080,000
1
2.3
800 to 900
5,681
10
-
-
-
900 to 1000
6,683
6
-
-
-
1200 to 1300
7,750
2
-
-
-
1300 to 1400
7,628
2
-
-
-
Historical Quarterly Rental
Note: 25% of the tenant population paid below Rental 25th, 50% paid below the Median Rental and 75% paid below Rental 75th. Data are only available if there are more than 10 contracts signed in any quarter.

Graph Data

Table Data

PeriodRental 25th (S$ psf pm)Median Rental (S$ psf pm)Rental 75th (S$ psf pm)Contacts Signed
No Data
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Nearby Land Sales

Status
Street NameLocationLand AttributesEstimated Breakeven
Sold On JAN 2019
Kampong Java Road
Site Use
Residential
Tenure
99
Plot Ratio
2.8
Site Area (sqm)
11,643
Site GFA (sqm)
32,602
Highest Bid ($M)
418.8
Highest Bid ($PSF)
1192
Number of BIDS
7
Land ($M)
418.8
Construction ($M)
105.3
Land Financing ($M)
36.6
Profesional / Legal / Taxes ($M)
62.9
Marketing / Others ($M)
37.4
Estimated Total Cost ($M)
661.03
Estimated Breakeven ($psf ppr)
1,884
Sold On FEB 2021
Surrey Road
Site Use
Residential
Tenure
fh
Plot Ratio
3
Site Area (sqm)
1,113
Site GFA (sqm)
3,334
Highest Bid ($M)
47.8
Highest Bid ($PSF)
1332
Number of BIDS
-
Land ($M)
47.8
Construction ($M)
11.8
Land Financing ($M)
4.2
Profesional / Legal / Taxes ($M)
7.2
Marketing / Others ($M)
4.3
Estimated Total Cost ($M)
75.24
Estimated Breakeven ($psf ppr)
2,097
Sold On JAN 2021
Former 1C Evelyn Road (Enbloc)
Site Use
Residential
Tenure
fh
Plot Ratio
3
Site Area (sqm)
917
Site GFA (sqm)
2,748
Highest Bid ($M)
20.0
Highest Bid ($PSF)
-
Number of BIDS
-
Land ($M)
20
Construction ($M)
9.8
Land Financing ($M)
1.8
Profesional / Legal / Taxes ($M)
3.6
Marketing / Others ($M)
2.1
Estimated Total Cost ($M)
37.19
Estimated Breakeven ($psf ppr)
1,257
Sold On DEC 2021
Former High Point (ABORTED Enbloc)
Site Use
Residential
Tenure
fh
Plot Ratio
4.8
Site Area (sqm)
4,423
Site GFA (sqm)
21,072
Highest Bid ($M)
556.7
Highest Bid ($PSF)
2626
Number of BIDS
-
Land ($M)
556.7
Construction ($M)
74.8
Land Financing ($M)
48.7
Profesional / Legal / Taxes ($M)
75.8
Marketing / Others ($M)
45.4
Estimated Total Cost ($M)
801.39
Estimated Breakeven ($psf ppr)
3,533
Sold On FEB 2022
32 -34 Gilstead Road (Enbloc)
Site Use
Residential
Tenure
fh
Plot Ratio
1.4
Site Area (sqm)
4,037
Site GFA (sqm)
5,652
Highest Bid ($M)
70.0
Highest Bid ($PSF)
1643
Number of BIDS
-
Land ($M)
70
Construction ($M)
20.1
Land Financing ($M)
6.1
Profesional / Legal / Taxes ($M)
10.8
Marketing / Others ($M)
6.4
Estimated Total Cost ($M)
113.43
Estimated Breakeven ($psf ppr)
1,864

Listings

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thumb-images
11
View to Offer
  • 63% Rental Volume

  • 2 beds
  • 2 baths
  • D9
  • 2016
  • 99 years
  • S$ 2,710 psf
  • 38 Scotts Road
GRACE TAN WEE CHENG
send_enquiry
thumb-images
11
$2,850,000
  • 63% Rental Volume

  • 2 beds
  • 2 baths
  • D9
  • 2016
  • 99 years
  • S$ 3,350 psf
  • 38 Scotts Road
KHAI -
send_enquiry
thumb-images
11
$1,500,000
  • 63% Rental Volume

  • 1 bed
  • 1 bath
  • D9
  • 2016
  • 99 years
  • S$ 2,280 psf
  • 38 Scotts Road
Adrienne Tan
send_enquiry
thumb-images
11
$2,300,000
  • 63% Rental Volume

  • 1 bed
  • D9
  • 2016
  • 99 years
  • S$ 3,450 psf
  • 38 Scotts Road
Chia Jia Yi
send_enquiry
thumb-images
11
$2,158,000
  • 63% Rental Volume

  • 1 bed
  • 1 bath
  • D9
  • 2016
  • 99 years
  • S$ 3,340 psf
  • 38 Scotts Road
Melissa Ong
send_enquiry
thumb-images
9
$2,680,000
  • 63% Rental Volume

  • 2 beds
  • 2 baths
  • Condominium
  • D9
  • 2016
  • Leasehold
  • S$ 3,150 psf
  • 850 sqft
  • Scotts Road
Melissa Ong
send_enquiry
thumb-images
11
View to Offer
  • 63% Rental Volume

  • 2 beds
  • 2 baths
  • D9
  • 2016
  • 99 years
  • S$ 2,980 psf
  • 38 Scotts Road
Laetitias Tan
send_enquiry
thumb-images
11
$2,880,000
  • 63% Rental Volume

  • 2 beds
  • 2 baths
  • D9
  • 2016
  • 99 years
  • S$ 3,390 psf
  • 38 Scotts Road
Melissa Ong
send_enquiry
thumb-images
11
View to Offer
  • 63% Rental Volume

  • 1 bed
  • 1 bath
  • D9
  • 2016
  • 99 years
  • S$ 3,730 psf
  • 38 Scotts Road
HH Teng
send_enquiry
thumb-images
11
$2,300,000
  • 63% Rental Volume

  • 1 bed
  • 1 bath
  • D9
  • 2016
  • 99 years
  • S$ 3,450 psf
  • 38 Scotts Road
David Ho
send_enquiry

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FAQs about THE SCOTTS TOWER

What is the nearest MRT Station to THE SCOTTS TOWER ?
The nearest MRT Station from THE SCOTTS TOWER is Newton DT11, NS21 MRT