executive condominium sales preview launched

Hoi Hup-Sunway’S Otto Place EC to Launch Sales Preview From Just $1,588 Psf

Looking for a forest-living dream at only $1,588 psf? Otto Place EC blends luxury low-density living with natural surroundings at Tengah's premier estate. Your North-South oriented sanctuary awaits.

Situated strategically within Tengah’s innovative “Forest Town” concept in western Singapore, Hoi Hup-Sunway‘s Otto Place EC stands as the third executive condominium development to grace this rapidly evolving district. The joint venture between Hoi Hup Realty and Sunway Developments will feature eight 18-storey blocks comprising approximately 600 units, with a diverse mix of layouts ranging from three-bedroom to four-bedroom configurations with study options.

The development, located at Plantation Close near Bukit Batok and Jurong, benefits from excellent connectivity via the upcoming Tengah Park and Bukit Batok West MRT stations on the Jurong Region Line, alongside convenient access to the Kranji Expressway. Otto Place EC occupies a 20,038.2 square meter plot with a maximum permissible gross floor area of 56,107 square meters, secured through competitive bidding at $423.38 million or $701 per square foot per plot ratio. The executive condominium’s design embraces the area’s car-lite town concept with designated cycling and walking paths throughout the development. This approach aligns with Singapore’s broader urban planning vision, similar to how the Tampines Master Plan incorporates 21km of cycling paths to enhance residents’ mobility options.

Unit sizes vary from 872 square feet for standard three-bedroom units to 1,195 square feet for four-bedroom plus study configurations, with the development emphasizing privacy through a low-density layout of only four units per floor. The North-South orientation of most units optimizes natural ventilation and sunlight exposure, aligning with Tengah’s sustainable living vision.

Prospective buyers can anticipate the sales preview in July 2025, with an estimated Temporary Occupation Permit expected by December 2028. The indicative launch price begins at $1,588 per square foot, with VVIP and early-bird pricing options available for direct developer sales under a 99-year leasehold tenure commencing February 14, 2024.

Otto Place EC’s market appeal stems from its location in District 24’s emerging township, proximity to prestigious educational institutions including Princess Elizabeth Primary School and Anglo-Chinese School, and integration with Tengah’s car-lite concept featuring 428 basement parking spaces. The development contributes remarkably to the area’s transformation into a future-ready residential district with convenient access to both the Jurong Lake District and Jurong Innovation District.

Singapore Real Estate News Team
Singapore Real Estate News Team
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