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Elliot at the East Coast — From S$4m

33 Elliot Road

1 for sale
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Condo

Elliot at the East Coast — From S$4m

Elliot at the East Coast
1 Units To Buy
For Sale
Type Units Min Area Price Range
3 BR 1 2314 sqft S$4m
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Property Highlights
  • Condo development with 1 unit currently available.
  • Prices currently start from S$4,000,000.
  • Located 8 min (670 m) from TE28 Siglap MRT Station.

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Elliot at the East Coast: A Modern Residential Haven in Singapore's East Coast

Elliot at the East Coast stands as a contemporary residential development positioned along one of Singapore's most sought-after coastal corridors. Situated at 33 Elliot Road, this condominium project captures the essence of East Coast living—a neighbourhood characterised by established charm, mature infrastructure, and strong community appeal. The development's location represents an ideal balance between peaceful residential character and seamless urban connectivity, making it an attractive proposition for discerning buyers seeking both lifestyle quality and investment merit.

The neighbourhood surrounding Elliot at the East Coast benefits from decades of development and refinement. East Coast has evolved into a distinguished residential area where established properties command respect and newer developments like this one introduce contemporary living standards. The area's appeal stems from its proximity to Singapore's eastern shoreline, long-standing residential credentials, and the confidence that comes with established demand. Buyers selecting properties in this district typically appreciate the balance between tranquillity and accessibility that the East Coast offers.

Strategic Location and Transport Connectivity

One of the most compelling attributes of Elliot at the East Coast is its proximity to TE28 Siglap MRT Station, located approximately 670 metres away—a comfortable 8-minute walk. This accessibility to the Thompson-East Coast line (TEL) represents a significant advantage for resident connectivity. The TEL has fundamentally transformed transport options across this corridor, providing direct access to Marina Bay, Shenton Way, and Singapore's expanding northern regions. For working professionals commuting to the CBD or other business districts, this proximity eliminates reliance on personal transport and positions residents within an integrated public transit network.

The East Coast Parkway (ECP) runs parallel to the locality, offering direct access for drivers heading towards Changi Airport, Marina Coastal Expressway, or the central expressway network. This dual accessibility—both rail and road—enhances the development's appeal across diverse buyer profiles. Whether residents prioritise public transport convenience or motorway access, Elliot at the East Coast serves both preferences effectively.

Development Character and Living Spaces

Elliot at the East Coast comprises thoughtfully designed residential units that cater to varying household compositions and lifestyle preferences. The development's architecture reflects contemporary design principles whilst respecting the residential character of its surroundings. Units range across multiple configurations, allowing potential buyers to select accommodation suited to their specific needs—from compact layouts for first-time property owners to more expansive residences for upgraders and families.

The development's design prioritises resident amenities and communal spaces that encourage active, engaged community life. Modern condominium living at Elliot at the East Coast extends beyond individual units to encompass shared facilities that enhance daily living. These spaces typically include recreational facilities, landscaped gardens, and social areas designed to foster neighbourly interaction whilst maintaining privacy and security standards expected of premium residential developments.

Pricing and Investment Perspective

Properties at Elliot at the East Coast commence from S$4 million, positioning the development within Singapore's mid-to-premium residential segment. This pricing reflects the combination of contemporary construction, locational advantages, and the underlying strength of East Coast real estate fundamentals. The development's price positioning reflects both its modern amenities and the established desirability of its address within the East Coast residential hierarchy.

For investors evaluating this development, several factors merit consideration. The established character of the East Coast neighbourhood provides a stable foundation for long-term capital appreciation. The proximity to Siglap MRT Station enhances the development's appeal to residential renters, particularly professionals seeking convenient transport links. The maturity of surrounding infrastructure—shopping centres, dining establishments, educational institutions—creates inherent demand for rental accommodation. These factors collectively contribute to the development's investment credentials within Singapore's residential property market.

Neighbourhood Amenities and Lifestyle

Residents of Elliot at the East Coast enjoy access to one of Singapore's most well-developed residential neighbourhoods. The East Coast area encompasses diverse dining options, retail facilities, and recreational activities that contribute to a high quality of life. The proximity to Singapore's coastal parklands provides residents with unique access to waterfront recreation—a privilege increasingly scarce in developed Singapore. Cycling paths, waterfront promenades, and recreational facilities positioned along the East Coast foreshore remain accessible to residents without requiring substantial travel time.

Educational institutions of varied calibre serve the East Coast area, making the development suitable for families prioritising schooling options. Healthcare facilities, banking services, and professional services are well-established throughout the neighbourhood, eliminating the infrastructure gaps that characterise developing areas. This maturity of supporting services enhances the practical appeal of East Coast residency across all demographics.

Market Positioning and Demand Fundamentals

Elliot at the East Coast addresses a persistent demand segment within Singapore's residential market: buyers seeking established neighbourhood credentials combined with contemporary residential standards. The development's market positioning reflects understanding of what drives property selection in mature residential corridors. Purchasers typically prioritise neighbourhood stability, proven demand sustainability, and integration within established communities over novelty or speculative appreciation potential.

The development enters a market context where East Coast properties have demonstrated consistent demand over extended periods. New supply that meets contemporary quality standards whilst respecting established neighbourhood character tends to attract diverse buyer interest. This positions Elliot at the East Coast favourably within the competitive landscape of East Coast residential options, appealing to multiple buyer cohorts simultaneously—owner-occupiers seeking primary residences, upgraders relocating from other districts, and investors recognising the area's rental fundamentals.

Elliot at the East Coast represents contemporary residential living positioned within one of Singapore's most established and credible residential neighbourhoods. The combination of modern development standards, strategic location proximate to Siglap MRT Station, mature supporting infrastructure, and the inherent appeal of East Coast residency creates a compelling residential proposition. For buyers evaluating options within this price segment and location preference, the development merits serious consideration as a balanced choice spanning lifestyle quality, practical connectivity, and investment fundamentals.

Frequently Asked Questions

What rental yield can investors expect from purchasing a unit at Elliot at the East Coast?

East Coast residential properties, particularly those proximate to MRT stations, typically command rental yields ranging from 2.5% to 3.5% annually, depending on unit configuration and specific lease terms. The established residential character of the East Coast, combined with strong demand from expatriates and professionals seeking convenient MRT access, supports consistent rental demand. Elliot at the East Coast's proximity to TE28 Siglap MRT Station positions it favourably within this rental market segment, as tenants prioritise transport connectivity. Investors should note that larger units and properties offering flexible lease terms typically achieve higher rental retention rates, though absolute yields vary according to unit-specific characteristics and prevailing market conditions.

How does the price per square foot at Elliot at the East Coast compare to recent transactions in East Coast?

Recent transactions in the East Coast residential market have ranged approximately S$1,700 to S$2,100 per square foot, depending on proximity to MRT stations, unit configuration, and building age. Elliot at the East Coast, as a contemporary development positioned within this established neighbourhood, commands pricing consistent with modern residential standards in the area. The exact price per square foot varies across different unit sizes within the development, as smaller units typically trade at higher per-square-foot multiples than larger residences. Buyers should benchmark specific unit offerings against comparable recent sales within the same district to establish whether pricing aligns with prevailing market consensus for similar-quality accommodation.

What are the Additional Buyer's Stamp Duty implications for a Singapore Citizen purchasing a second residential property at Elliot at the East Coast?

Singapore Citizens purchasing a second residential property at Elliot at the East Coast incur Additional Buyer's Stamp Duty (ABSD) at the current rate of 20% on the purchase price. This represents a significant cost consideration for investors or upgraders financing a second residential property. For a property at the lower end of the development's pricing spectrum (approximately S$4 million), ABSD liability would amount to approximately S$800,000, substantially increasing total acquisition costs. First-time property buyers, conversely, remain exempt from ABSD, making such purchases considerably more cost-efficient. Buyers should factor ABSD obligations into financing plans and total acquisition cost calculations when evaluating Elliot at the East Coast as an investment or second-property acquisition.

Does Elliot at the East Coast present lease decay or resale value risks given its leasehold structure?

Most Singapore residential properties, including those in East Coast, operate on 99-year leasehold tenures, and Elliot at the East Coast properties would similarly be subject to lease decay considerations over extended holding periods. Lease decay—the gradual erosion of property value as unexpired tenure decreases below 80 years—becomes a material concern for buyers planning multi-generational ownership or purchasing with extremely extended holding horizons. However, for investors with typical 20-30 year holding periods, lease decay presents minimal practical impact on capital appreciation or rental appeal. The development's contemporary construction standards and established location mean that capital appreciation driven by land value and neighbourhood desirability typically outpace lease decay effects over normal investment timeframes. Buyers with longer-term perspectives should nonetheless factor lease decay into lifetime financial planning.

How does proximity to Siglap MRT Station influence demand and capital appreciation at Elliot at the East Coast?

MRT proximity represents one of the most significant demand drivers in Singapore's residential property market, and Elliot at the East Coast's 8-minute walk to TE28 Siglap MRT Station positions it advantageously within the competitive East Coast landscape. Properties within 10-minute walking distance of MRT stations typically command price premiums of 10-15% relative to comparable developments requiring longer transit access. The Thompson-East Coast line itself has demonstrated consistent demand generation since opening, with residential properties along the corridor experiencing sustained capital appreciation. The MRT accessibility reduces buyer reliance on personal transport, expands the development's appeal to demographic segments prioritising public transit (particularly expatriates and younger professionals), and creates durable demand fundamentals. Historical property appreciation patterns in MRT-proximate developments suggest that this locational advantage supports long-term capital value stability, though broader market conditions and supply dynamics ultimately determine specific appreciation trajectories.

Which buyer profiles are best suited to purchasing at Elliot at the East Coast?

Elliot at the East Coast appeals across multiple buyer cohorts, each discovering distinct advantages within the development. Owner-occupiers prioritising lifestyle quality appreciate the established East Coast neighbourhood, contemporary residential standards, and convenient MRT access, making it attractive for primary residence purchases. Upgraders relocating from smaller properties or other districts find the development's varied unit configurations accommodate larger family spaces whilst maintaining premium address credentials. First-time property buyers benefit particularly from ABSD exemption, though higher entry price points (from S$4 million) position the development towards the premium segment of first-time buyer capacity. Investors recognise rental demand fundamentals driven by MRT accessibility and the area's appeal to expatriate professionals. High-net-worth individuals seeking East Coast residency with contemporary standards also represent a significant buyer segment. The development's broad appeal across diverse buyer motivations suggests sustained demand across economic cycles.

What TDSR and financing headroom considerations apply at Elliot at the East Coast's price points?

Typical Debt Service Ratio (TDSR) limits cap mortgage servicing obligations at 55% of gross monthly income for most borrowers, creating financing constraints at properties from S$4 million that merit careful consideration. At the development's entry price point, monthly mortgage servicing (assuming 25-30 year tenures and 70-80% loan-to-value ratios) typically requires monthly household income exceeding S$17,000-S$22,000, depending on prevailing interest rates and individual borrower circumstances. Buyers should engage mortgage brokers or financial advisers early in the purchase evaluation process to confirm personal TDSR headroom and establish realistic loan approval probabilities. Singapore's banking institutions typically provide loan pre-approvals facilitating confident offer submission, and early engagement with financial advisers prevents unexpected financing obstacles late in negotiation stages. The development's price positioning places it within segments where financing headroom becomes a material consideration for many buyers, distinguishing it from lower-priced developments accessible to broader income cohorts.

How does Elliot at the East Coast compare to competing developments in the East Coast neighbourhood?

The East Coast residential market encompasses various developments spanning different construction eras, price points, and amenity standards, providing Elliot at the East Coast's positioning distinct competitive context. Contemporary developments in the neighbourhood such as marine-facing residences or those positioned directly on the East Coast Parkway may command locational premiums, whilst inland developments offer reduced pricing reflecting lower transport connectivity or neighbourhood positioning. Elliot at the East Coast's competitive advantage rests upon the combination of contemporary construction standards, direct MRT accessibility, and pricing positioned between ultra-premium beachfront developments and older residential stock. Buyers evaluating this development should conduct comparative inspection visits to competing East Coast properties, review recent transaction data, and assess which combinations of amenity, location, and price optimally serve personal preferences and investment objectives. The maturity of East Coast supply means that multiple competing options exist across various price bands and specifications.

Which unit stack or floor level at Elliot at the East Coast typically offers optimal value?

Unit value optimisation at Elliot at the East Coast depends upon individual buyer priorities and investment objectives, as different floor levels and positions within the development command varying premiums reflecting distinct locational advantages. Mid-level floors (typically levels 12-25 in taller residential developments) often represent optimal value propositions, offering views and natural light advantages without the extreme price premiums commanding the highest levels or the minor disadvantages of lower floors subject to street-level activity. Units positioned to capture unobstructed views of surrounding parkland or the East Coast Parkway corridor command positioning premiums, as do corner units offering enhanced light and ventilation characteristics. For rental investors, units with flexible layouts and outdoor space (balconies) tend to achieve superior tenant attraction and retention relative to more constrained configurations. Buyers should evaluate specific floor plans, ascertain sight-line characteristics from different levels, and assess how individual unit attributes align with personal usage patterns or investment yield objectives. Development-wide variation in unit characteristics means that value optimisation differs substantially between owner-occupier and investor purchasing motivations.

What future residential supply pipeline affects the East Coast district and Elliot at the East Coast's long-term outlook?

The East Coast district's residential supply pipeline remains relatively constrained compared to developing districts, as the neighbourhood comprises predominantly mature residential stock and limited remaining vacant land suitable for large-scale redevelopment. This supply constraint typically supports sustained demand and long-term price appreciation, distinguishing East Coast from rapidly-developing districts where aggressive new supply can moderate capital growth. Singapore's broader 2024-2030 residential pipeline emphasises mixed developments and integrated estates in emerging districts, with limited new supply targeted at established East Coast neighbourhoods. This relative supply scarcity enhances the appeal of quality new developments like Elliot at the East Coast, as buyers recognising the finite availability of contemporary properties in established locations may prioritise purchasing before further scarcity drives prices higher. The broader urban planning framework, which emphasises development in expanding districts rather than infilling mature neighbourhoods, suggests that East Coast properties will continue commanding premiums reflecting limited supply renewal. Long-term investors thus benefit from the inherent scarcity characteristics of established residential neighbourhoods with constrained redevelopment potential.