Spottiswoode Suites Price Trends & Market Analysis | Homejourney
Spottiswoode Suites on Spottiswoode Park Road in District 02 currently sees sale prices ranging from S$2,327 to S$2,581 psf, with recent transactions like S$1,052,000 at S$2,327 psf for 452 sqft in Aug 2024 and S$1,070,000 at S$2,425 psf for 441 sqft in Jul 2024.[1][4]
Rental yields average 3.6%, with 2-bedroom units (500-600 sqft) renting at S$4,000 monthly (S$6.67-S$8.00 psf) as of Jan 2025, making it attractive for investors in Tanjong Pagar-Chinatown.[1][4][9]
This cluster analysis dives deep into Spottiswoode Suites price trends and market analysis, building on our main pillar guide Spottiswoode Suites D02: Units, Prices, Location Guide | Homejourney. At Homejourney, we verify all data to ensure user safety and trust in every decision.Spottiswoode Suites D02: Units, Prices, Location Guide | Homejourney
Project Overview: Key Facts for Buyers
Spottiswoode Suites is a freehold condominium developed by Spottiswoode Development Pte Ltd, completed in 2017 with 175 units across various types including 1-3 bedrooms and duplexes.[5]
Located at Spottiswoode Park Road in prime D02 (Tanjong Pagar-Chinatown), it offers city living with proximity to CBD. Unit sizes range from 441 sqft (1-bedroom) to larger 3-bedroom duplexes up to 2,906 sqft in similar nearby projects.[3][5]
PSF by bedroom type: 1BR ~S$2,300, 2BR ~S$2,253, 3BR ~S$2,177, showing value in mid-sized units.[5] Homejourney verifies these trends from official URA data for accurate insights.
Current Price Trends: 2024-2026 Data
In the past 12 months to early 2026, average sale PSF stands at S$2,442, up from lows of S$1,571 psf in 2021 but stable recently.[4]
- Aug 2024: S$1,052K (452 sqft, S$2,327 psf)
- Jul 2024: S$1,070K (441 sqft, S$2,425 psf)
- Jan 2025 sales range: S$1.5M at S$2,581 psf (projected)
Two-year price change: -1.2% vs D02 average +3.3%, indicating slight softening but strong freehold appeal.[9] Overall range S$1,916-S$2,676 psf.[5]
Actionable tip: For buyers, target 1-2BR units under S$1.1M for entry-level value. Use Homejourney's detailed project analysis to track live transactions.
Historical Price Comparison Table
| Period | Avg PSF | Sample Sale |
|---|---|---|
| 2024-2026 | S$2,442 | S$1,052K @ S$2,327 psf |
| Peak 2014 | S$2,866 | 441 sqft unit |
| Low 2021 | S$1,571 | 1,087 sqft |
Data sourced from verified transactions; prices fluctuate—consult URA for latest.[1][4]
Rental Market Analysis: Yields and Demand
Rentals stable at S$3,200-S$5,400 monthly. Recent: 1BR (400-500 sqft) S$3,200-S$3,300 (S$6.40-S$8.25 psf); 2BR S$3,600-S$4,100 (S$6-S$8.20 psf).[1]
Average yield 3.61%, competitive for D02 freeholds with high tenant demand from CBD professionals.[4][9] Jan 2025: 2BR at S$4,000 (S$6.67-S$8 psf).[1]
Investor insight: High liquidity in rentals due to Tanjong Pagar location—expect 95% occupancy. Compare yields with similar D02 projects via Homejourney projects directory.
Market Factors Driving Spottiswoode Suites Prices
D02's proximity to MRT (Chinatown 8-min walk, Tanjong Pagar 10-min) boosts values. Freehold tenure adds premium over 99-year leases.[5]
Nearby amenities: Hawker centres, malls like Chinatown Point, schools (CHIJ Kellock ~1km). Future upside from Circle Line expansions per URA plans.
Vs nearby: Outperforms in yield but trails newer launches in PSF growth. Softening trend (-1.2%) reflects cooling measures, yet freehold scarcity supports long-term appreciation.[9]
Insider tip: Units facing Spottiswoode Park fetch 5-10% premium for views—check via Browse available units at Spottiswoode Suites.
Investment Potential and Value Assessment
Capital growth outlook positive: D02 averages 3.3% annual rise.[9] Rental demand strong from expats/finance workers.
Pros: Freehold, central location, 3.6% yield. Cons: Slight price dip, competition from new condos.
Best for: Investors seeking steady income, young professionals. Calculate affordability with Homejourney's mortgage calculator. For maintenance, explore aircon services post-purchase.
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FAQ: Spottiswoode Suites Price Questions
What are current Spottiswoode Suites sale prices?
Average S$2,442 psf (S$1M-S$1.5M for 1-2BR), based on 2024-2026 transactions. Verify live listings on Homejourney.[1][4]
Is Spottiswoode Suites a good investment in 2026?
Yes for rentals (3.6% yield), with D02 growth potential despite -1.2% recent change. Suited for income-focused buyers.[9]
How do rentals trend at Spottiswoode Suites?
Stable S$3,200-S$5,400/month; 2BR at S$4,000 common. High demand near CBD.[1]
What affects Spottiswoode Suites price trends?
Freehold status, location (8-min to MRT), URA cooling measures. Long-term upside strong.[5][9]
Where to find verified Spottiswoode Suites data?
Homejourney provides URA-backed analysis—Speak to a property agent for personalized advice.
Ready to invest? Search Spottiswoode Suites listings on Homejourney today. Trust Homejourney for transparent, verified Spottiswoode Suites price trends and market analysis. Link back to our pillar: Comprehensive Spottiswoode Suites Guide.
