HomeBuyAll2RMD02 - Chinatown / Tanjong Pagar2 Bed Condo for Sale in Spottiswoode 18

2 Bed Condo for Sale in Spottiswoode 18

18 Spottiswoode Park Road 088642, Everton Park, Central Region, Singapore

$1,700,000

Added 4 months ago
Beds: 2Baths: 2Area: 657 sqft
Above Market· 60.5% above market
Property image 1
Property image 2
Property image 3
Property image 4
Property image 5
Property image 6
Property image 7
Property image 8

IMAGES GALLERY

Nearest MRT Station

Property Details

Property IDheLN6tNstGKx7zecVohnvD
PriceS$1,700,000
Property TypeCondo
StatusFor sale
Beds2
Baths2
Built Area657 sqft
PSFS$2,588
Year Built2014
Furnished StatusUnknown

Description

Development Information

District & Area

D02 - Bukit Merah

Nearest MRT

Cantonment MRT · 5 min walk

Tenure

Freehold

TOP Date

1 January 2014

Project Size

Small (251 units)

251 units

Building Structure

1 Block, 35 Floors

Developer

Rl Developments Pte Ltd

Unit Configuration
Bedroom Types1, 2 Bedroom
Floor Plan Details

Spottiswoode 18 has a total of 251 units, from 1 Bed - 1 Bath to 2 Bed - 2 Bath units. There are 17 types of floor plans from 387 sqft to 1,324 sqft.

Site Plan

Spottiswoode 18 has 1 block and up to 35 storeys.

Development Facilities
BBQClubhouseFitness CornerGymJacuzziParkingPlaygroundSaunaSecuritySwimming PoolWading Pool
About This Development

Spottiswoode 18 is a freehold Condo Apartment located in Bukit Merah, District 2. Completed in 2014, it has a total of 1 blocks within the development and comprises a total of 251 units. It is within walking distance to MRT stations such as Cantonment MRT and Outram Park MRT, which provide residents easy access to other areas of Singapore. For young couples or families with children, Spottiswoode 18 is also close to schools like What's Your Jam?, Studio De S and Highlander Coffee Espresso Bar. If you're wondering about what you can do around the area, residents can head to nearby supermarkets like Raksha Beaute and FairPrice - Tanjong Pagar for groceries and household products. Never worry about your health emergencies or regular health checkups with access to nearby clinics such as Chang Clinic & Surgery. Tanjong Pagar Post Office is the nearest post office where you can get your postal services done. For your leisure and entertainment, head down to the local park - Spottiswoode Park, to enjoy some fresh air.

Loading Nearby Amenities...

Features & Amenities
Swimming pool
Gym
Wading pool
Jacuzzi
Parking
Clubhouse
Playground
Security
Sauna
Bbq
Fitness corner

Location

18 Spottiswoode Park Road 088642, Everton Park, Central Region, Singapore

Loading map...

Mortgage Calculation

S$
20 yrs
410203035
75 %
1020406075
4 %
0.1123456

Mortgage calculation on 4% interest rate

S$ 0
Loan Amount (75%)
Downpayment (25%)
S$ 0
S$ 0
/month
Principal
S$ 0
Interest
S$ 0

Total Transactions

59

Average Price

S1.1M

Total Value

S62.5M

Sales Timeline

Home Report · AVM Fair Value

Automated Valuation based on 2005 URA transactions · 130 outliers removed (IQR)

Fair Value

S$1.06M

S$1,612 psf

Asking Price

S$1.70M

S$2,588 psf

vs Market

+60.5%

Above Market

vs Last Done

+23.8%

Above Market

Tenure

87 yrs

99-year Leasehold · Balance remaining

Confidence

High

2005 comps

High = 10+ comps
Medium = 5–9 comps
Low = <5 comps

Nearest MRT

Outram Park

568m away · +1% premium

URA PSF Trendline vs Listing Price

Hedonic Adjustment Breakdown

Base URA PSF

2005 comparable transactions

S$2,352

Floor Premium

0.5% per floor vs median

+0.0%

Tenure Decay

Bala's curve (99yr leasehold)

×0.679

MRT Proximity

Within 500m / 1km

+1%

AI Condition Premium

HELIOS scan of listing description

0%

Adjusted Fair Value PSF

S$1,612

Recent Comparable Transactions

DateBlock / StreetArea (sqft)PricePSFFloorTenure
LAST DONE2025-08SILAT AVENUE732S$1,530,000S$2,09001-0599 yrs lease commencing from 2018
2025-08SILAT AVENUE732S$1,530,000S$2,09001-0599 yrs lease commencing from 2018
2025-08SILAT AVENUE527S$1,275,000S$2,41746-5099 yrs lease commencing from 2018
2025-08ENGGOR STREET398S$980,000S$2,46141-4599 yrs lease commencing from 2008
2025-08PEARL BANK743S$1,980,000S$2,66616-2099 yrs lease commencing from 2019
2025-08SHENTON WAY538S$1,160,000S$2,15526-3099 yrs lease commencing from 2011
2025-08SHENTON WAY527S$1,210,000S$2,29426-3099 yrs lease commencing from 2011
2025-07SPOTTISWOODE PARK ROAD452S$1,030,000S$2,27821-25Freehold
2025-07SPOTTISWOODE PARK ROAD797S$1,900,000S$2,38516-20Freehold
2025-07SILAT AVENUE657S$1,620,000S$2,46751-5599 yrs lease commencing from 2018
2025-07SILAT AVENUE1,496S$3,785,000S$2,53051-5599 yrs lease commencing from 2018

Showing 10 most recent transactions from 2005 total comparables used in valuation.

HELIOS AI Analysis

Based on 2005 URA transactions (130 outliers removed), adjusted for: Tenure decay (32.1% discount); MRT Outram Park 568m away (+1%)

⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.

Ben Xia

Ben Xia

HUTTONS ASIA PTE. LTD.

License: L3008899K

Similar Properties