HomeRentCondo Whole Unit2RMD09 - Orchard / River ValleyThe Scotts Tower2 Bed Condo for Rent in The Scotts Tower

2 Bed Condo for Rent in The Scotts Tower

38 Scotts Road 228240, Cairnhill, Central Region, Singapore

$6,200 /month

Added 7 months ago
Beds: 2Baths: 2Area: 840 sqft
Market Price· Fairly priced
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IMAGES GALLERY

Nearest MRT Station

Property Details

Property IDVG97a4TMCk6JtrJjousAxV
PriceS$6,200
Property TypeCondo Whole Unit
StatusFor rent
Beds2
Baths2
Built Area840 sqft
PSF
S$8
Year Built2016
Furnished StatusPartially furnished

Description

Development Information

District & Area

D09 - Newton

Nearest MRT

Newton MRT · 5 min walk

Tenure

103 years

TOP Date

1 January 2016

Project Size

Small (231 units)

231 units

Building Structure

1 Block, 24 Floors

Developer

Far East Success

Unit Configuration
Bedroom Types1, 2 Bedroom
Floor Plan Details

The Scotts Tower has a total of 231 units, from to units. There are 22 types of floor plans from to .

Site Plan

The Scotts Tower has 1 block and up to 24 storeys.

Development Facilities
GymJacuzziLap Pool
About This Development

The Scotts Tower is a 103 years leasehold Generic Condo development located in Newton, District 9. Completed in 2016, it has a total of 1 blocks within the development and comprises a total of 231 units. It is within walking distance to MRT stations such as Newton MRT and Newton MRT, which provide residents easy access to other areas of Singapore. For young couples or families with children, The Scotts Tower is also close to schools like Acekidz Pre-school, MOE Language Centre (Newton) and Furen International School. If you're wondering about what you can do around the area, residents can head to nearby supermarkets like FairPrice Finest - Scotts Square and Jasons - Jasons Orchard for groceries and household products. Never worry about your health emergencies or regular health checkups with access to nearby clinics such as Frances Medical & Aesthetic Clinic. Post Box is the nearest post office where you can get your postal services done. For your leisure and entertainment, head down to the local park - Designated smoking area, to enjoy some fresh air.

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Features & Amenities
Dryer
Corner unit
Fridge
Dishwasher
Oven
Aircon
Washer
Jacuzzi
Gym
Lap pool
Balcony

Location

38 Scotts Road 228240, Cairnhill, Central Region, Singapore

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Total Transactions

14

Average Price

S1.6M

Total Value

S22.9M

Sales Timeline

Property Value Estimate

Estimated sale value based on 12 URA transactions

Fair Value

S$1.32M

S$1,571 psf

Asking Price

S$6,200

S$8 psf

Listing Type

Rental

Sale value shown for reference

vs Last Done

Not applicable

Cannot compare rent to sale psf

Tenure

93 yrs

103-year Leasehold · Balance remaining

Confidence

High

12 comps

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

Nearest MRT

Newton

495m away · +3% premium

URA PSF Trendline vs Listing Price

Hedonic Adjustment Breakdown

Base URA PSF

12 comparable transactions

S$2,072

Floor Premium

0.5% per floor vs median

+0.0%

Tenure Decay

Bala's curve (99yr leasehold)

×0.736

MRT Proximity

Within 500m / 1km

+3%

AI Condition Premium

HELIOS scan of listing description

0%

Adjusted Fair Value PSF

S$1,571

Recent Comparable Transactions

10 shown · 12 total
Last Done

SCOTTS ROAD

May 2025 · Floor 16-20

S$2,179 psf

+38.7% vs FV

872 sqftS$1,900,000103 yrs lease commencing from 2010

SCOTTS ROAD

May 2025 · Floor 16-20

S$2,179 psf

+38.7% vs FV

872 sqftS$1,900,000103 yrs lease commencing from 2010

SCOTTS ROAD

Jan 2025 · Floor 06-10

S$2,140 psf

+36.2% vs FV

850 sqftS$1,820,000103 yrs lease commencing from 2010

SCOTTS ROAD

Dec 2024 · Floor 06-10

S$2,013 psf

+28.1% vs FV

646 sqftS$1,300,000103 yrs lease commencing from 2010

SCOTTS ROAD

Sep 2024 · Floor 06-10

S$1,948 psf

+24.0% vs FV

667 sqftS$1,300,000103 yrs lease commencing from 2010

SCOTTS ROAD

Apr 2024 · Floor 11-15

S$1,980 psf

+26.0% vs FV

657 sqftS$1,300,000103 yrs lease commencing from 2010

SCOTTS ROAD

Jun 2023 · Floor 06-10

S$2,079 psf

+32.3% vs FV

850 sqftS$1,768,000103 yrs lease commencing from 2010

SCOTTS ROAD

Feb 2023 · Floor 11-15

S$2,081 psf

+32.5% vs FV

850 sqftS$1,770,000103 yrs lease commencing from 2010

SCOTTS ROAD

Oct 2022 · Floor 01-05

S$1,980 psf

+26.0% vs FV

657 sqftS$1,300,000103 yrs lease commencing from 2010

SCOTTS ROAD

Nov 2021 · Floor 16-20

S$2,292 psf

+45.9% vs FV

807 sqftS$1,850,000103 yrs lease commencing from 2010

SCOTTS ROAD

Nov 2021 · Floor 06-10

S$1,904 psf

+21.2% vs FV

646 sqftS$1,230,000103 yrs lease commencing from 2010
Below Fair Value
Above Fair Value
FV: S$1,571 psf

HELIOS AI Analysis

Based on 12 URA transactions (0 outliers removed), adjusted for: Tenure decay (26.4% discount); MRT Newton 495m away (+3%)

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

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