Exclusive Living at Otto Place EC Joint Venture Between Hoi Hup Realty and Sunway Development Secures Prime Executive Condo Site with Winning Bid of $423.38 Million

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Otto Place EC, developed by Hoi Hup Realty, is a thoughtfully planned and sustainable community nestled in the heart of Tengah New Town. This modern development aligns with the URA West Region Masterplan, offering future residents a smart and eco-friendly lifestyle. Conveniently located, residents will have easy access to quality amenities, extensive green spaces, and designated areas for gardening and farming. Furthermore, the prime location is well-connected to the Jurong Innovation District, a bustling hub for next-generation digital technology and advanced manufacturing, making it an ideal choice for those seeking a vibrant, forward-thinking community. For more information, visit https://www.ottoplaceec.com.sg/.

Otto Place EC is designed to cater to the needs of families and individuals looking for a luxurious and exclusive lifestyle. The development comprises 920 units spread over a land area of approximately 242,810 square feet, offering a mix of 2-bedroom to 5-bedroom units. Each unit is thoughtfully designed with a spacious and functional layout, incorporating modern and high-quality fittings and finishes. With a focus on creating a serene and comfortable living space, the development also features private balconies and large windows, providing ample natural light and ventilation for residents.

This is not the first time that the partnership of Hoi Hup Realty and Sunway Development has acquired a site in this area. In September last year, they also purchased the adjacent 176,973 sq ft Parcel A for $348.5 million, equivalent to $703 psf ppr. The prime location of these sites near popular malls like JEM and Westgate, as well as renowned schools such as ACS (Primary) and Princess Elizabeth Primary School, make it a highly desirable development for potential homebuyers.

According to Wong Swee Chun, chairman of Hoi Hup Realty, our goal is to produce top-notch ECs that make use of the convenient facilities in the upcoming Tengah development, as well as the nearby Jurong Lake District and Second CBD. We are committed to ensuring original and unique designs that guarantee a distinctive living experience for our clients. Our priority is to provide exceptional quality and value in all our developments, while also adhering to strict standards to ensure compliance with copyright laws.

In the bustling city of Singapore, with its rapidly growing economy and ever-changing landscape, finding the perfect home can be a daunting task. However, for those seeking an exclusive and luxurious living experience, look no further than Otto Place Executive Condominium (EC). Jointly developed by renowned local developers Hoi Hup Realty and Sunway Development, this new EC development is set to redefine high-end living in Singapore.

Besides its impressive design and facilities, Otto Place EC is also situated in a well-established residential estate with plenty of amenities nearby. Popular shopping malls like Northpoint City, Sun Plaza, and Sembawang Shopping Centre are just a stone’s throw away, providing residents with endless shopping and dining options. Families with school-going children will also appreciate the proximity to reputable schools such as Chongfu School, Ahmad Ibrahim Secondary School, and Yishun Junior College.

The prime site for Otto Place EC was secured by Hoi Hup Realty and Sunway Development through a joint tender submission, with a winning bid of $423.38 million. Located in the heart of Yishun, it is situated in the popular District 27 and is highly accessible via major expressways such as the Central Expressway (CTE) and Seletar Expressway (SLE). The location also boasts a plethora of amenities, including shopping malls, renowned schools, and lush greenery, making it the ideal spot for modern living.

In addition to luxurious living, Otto Place EC also prioritizes the concept of sustainability and green living. The development has been awarded the Building and Construction Authority (BCA) Green Mark GoldPlus Award for its eco-friendly design and features. This includes the use of energy-efficient lighting, solar panels for common area lighting, and rainwater harvesting for irrigation and cleaning purposes.

For those who love the outdoors, Otto Place EC is surrounded by an abundance of parks and nature trails. The scenic Lower Seletar Reservoir is just a short drive away, offering residents an idyllic spot for relaxation and water activities. The nearby Yishun Park is also an ideal spot for jogging and cycling, while the newly opened Yishun Park Hawker Centre offers a wide selection of local delicacies.

Residents of Otto Place EC will have access to an array of top-notch facilities, including a 50m lap pool, gymnasium, tennis court, children’s playground, and outdoor fitness area. For those who crave a more leisurely lifestyle, there is a stunning sky dining pavilion and BBQ area, perfect for hosting gatherings with family and friends. The development also boasts a unique feature – a rooftop sky garden, offering residents a tranquil space to unwind and enjoy panoramic views of the surrounding greenery and skyline.

In conclusion, Otto Place EC is set to offer a whole new level of luxury living in the heart of Yishun. With its prime location, thoughtfully designed units, and top-notch facilities, it is the perfect home for those seeking a modern and exclusive lifestyle. Developed by two reputable developers and awarded the BCA Green Mark GoldPlus Award, Otto Place EC is a testament to their commitment to providing quality and sustainable homes in Singapore. Don’t miss the opportunity to own a piece of this exclusive paradise – visit the showflat today to experience the grandeur of Otto Place EC for yourself.

With its prime location, luxurious living spaces, and abundance of amenities, it’s no surprise that Otto Place EC has been highly anticipated by property buyers. The development recently launched its showflat to enthusiastic response, with more than 300 units snapped up on the first day of sales. This is a testament to the strong demand for exclusive and well-designed ECs in Singapore.

In a recent development, Otto Place EC, a joint venture between renowned property developers Hoi Hup Realty and Sunway Development, has successfully secured the executive condo (EC) site at Plantation Close. The winning bid of $423.38 million, equivalent to $701 per square foot per plot ratio (psf ppr), was sealed on February 14. This 215,691 sq ft site is subject to a 99-year lease and will be transformed into a 560-unit EC, named Otto Place EC.