Type

Units

Min Area

Price Range

3 BR

1259 sqft

S$2m

Property Highlights

Condo development with 1 unit currently available.
Prices currently start from S$1,980,000.
Located 6 min (520 m) from TE26 Marine Parade MRT Station.

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Roxy Square: East Coast Living with Marine Parade Accessibility

Roxy Square stands as a residential offering positioned along East Coast Road, one of Singapore's most sought-after residential corridors. The development sits just 520 metres from Marine Parade MRT Station (TE26), affording residents a swift commute to the city centre and broader transport links across the island. This proximity to Mass Rapid Transit infrastructure is a defining advantage for both owner-occupiers seeking convenience and investors evaluating tenant demand.

The development features units across multiple configurations, with pricing starting from approximately S$1.98 million, reflecting the premium that East Coast properties command in today's market. The area surrounding Roxy Square encompasses a diverse demographic base, ranging from young professionals and growing families to established upgraders seeking larger, modern living spaces. This mixed buyer profile translates into a buoyant resale and rental market, supported by the district's reputation for stability and quality-of-life amenities.

Location and Transport Connectivity

East Coast Road has evolved into a primary residential hub, distinguished by its tree-lined streetscapes, proximity to the coast, and excellent access to transport networks. Marine Parade MRT Station, merely a six-minute walk away, links residents to the Circle Line, enabling seamless travel to the Central Business District, Orchard shopping district, and other major employment hubs. This accessibility is particularly valuable for commuters and contributes significantly to the long-term desirability of properties in this locality.

Beyond MRT connectivity, the precinct is well-serviced by bus routes, providing additional transport flexibility. The neighbourhood's mature infrastructure—including schools, healthcare facilities, and dining establishments—makes it particularly attractive to families upgrading from smaller units or first-time buyers seeking ready access to amenities without lengthy commutes.

Investment and Rental Yield Potential

For investors, Roxy Square's location offers compelling fundamentals. East Coast properties have historically demonstrated resilience in the rental market, driven by sustained demand from expatriate professionals, young couples, and corporate relocations. The proximity to Marine Parade MRT, combined with the area's reputation for quality living and safety, positions the development favourably for generating consistent tenant interest.

Rental yields in the East Coast corridor typically range between 3 and 4 percent, depending on unit configuration, floor level, and specific amenities. Investors purchasing Roxy Square units should note that as a second residential property, Singapore Citizens are subject to Additional Buyer's Stamp Duty (ABSD) at the current rate of 20 percent on the purchase price, a material cost that must be factored into investment return calculations and overall acquisition budgets.

Market Positioning and Value Proposition

Roxy Square's pricing reflects the established nature of the East Coast enclave and the tangible benefits of MRT accessibility. Properties in this corridor have consistently appreciated in line with broader market trends, supported by limited new supply, strong rental fundamentals, and the area's enduring appeal to both domestic and expatriate buyers. The development's positioning allows it to compete effectively with nearby residential projects whilst maintaining distinct value propositions around location maturity and infrastructure density.

Units across the development range in size and bedroom count, accommodating diverse buyer profiles from compact two-bedroom configurations ideal for younger buyers or downsizers to larger three-bedroom and above layouts suited to upgrading families. This diversity strengthens the development's market resilience by broadening its appeal across multiple buyer segments and lifecycle stages.

Neighbourhood Character and Amenities

The immediate precinct surrounding Roxy Square benefits from extensive retail, hospitality, and leisure infrastructure. East Coast Road hosts numerous dining establishments spanning Asian and Western cuisines, whilst shopping convenience is augmented by proximity to larger retail nodes. For families, the area's schools and community facilities provide well-established options, and proximity to East Coast Park offers recreational opportunities without leaving the locality.

The maturity of the neighbourhood means that residents enjoy a complete urban ecosystem: supermarkets, clinics, salons, and fitness facilities are readily accessible on foot or via short public transport journeys. This convenience factor is particularly valued by time-constrained professionals and families, making it a recurring draw for both owner-occupiers and tenants seeking balanced, accessible living environments.

Financing and Purchase Considerations

Prospective buyers should approach financing with full awareness of their Loan-to-Value (LTV) limits and Total Debt Service Ratio (TDSR) constraints. At typical price points within Roxy Square's range, most buyers will qualify for loans covering 75 to 80 percent of the property value, with the balance funded through cash deposits. TDSR calculations are increasingly stringent, and buyers with existing mortgage obligations or other liabilities should verify their borrowing headroom well in advance of making an offer.

First-time buyers enjoy exemption from ABSD, providing a material cost advantage over upgraders and investors. Upgraders—those purchasing a second property—must budget for ABSD at 20 percent, materially increasing the total acquisition cost. Investors and foreign buyers face even higher stamp duty obligations and should consult legal advisers to ensure full understanding of their tax position before committing capital.

Capital Appreciation and Leasehold Considerations

East Coast properties have demonstrated steady capital appreciation over multi-year holding periods, underpinned by scarcity value, transport connectivity, and consistent tenant demand. Roxy Square units will benefit from these broad market tailwinds, though individual unit performance may vary based on floor level, orientation, and specific amenities. Like all Singapore residential properties, lease decay becomes a consideration as the property approaches 80 years of age; buyers of older buildings should factor in potential lease extension costs, though this development's apparent age suggests this is not an immediate concern.

For properties with remaining lease terms approaching 80 years or fewer, buyers should seek professional valuation advice regarding lease extension feasibility and cost implications, as these can materially impact future resale value and borrowing capacity.

Competitive Context and Market Dynamics

Roxy Square competes within a competitive East Coast market that includes various condominium offerings spanning multiple price bands. The development's proximity to Marine Parade MRT, combined with its established neighbourhood positioning, ensures it remains attractive relative to projects further from transit corridors or located in less-mature precincts. Supply constraints in the East Coast area mean that new releases are absorbed relatively quickly, supporting price stability and appreciation potential.

Prospective buyers should compare Roxy Square not only on price per square foot but also on lease length, facility quality, maintenance standards, and community management. Units with optimal floor positioning, minimal obstructions to views, and direct MRT walkability often command premiums that prove justified through superior rental performance and faster resale cycles.

Frequently Asked Questions

What rental yield can I expect if I purchase a unit at Roxy Square as an investment?

Properties in the East Coast corridor, including Roxy Square, historically generate rental yields between 3 and 4 percent, depending on unit configuration and floor position. The area's strong tenant demand—driven by expatriate professionals, families, and corporate relocations—supports consistent occupancy rates. However, investment returns are subject to ABSD at 20 percent for Singapore Citizens purchasing a second residential property, a cost that must be factored into yield calculations. Your actual return will depend on the specific purchase price, annual rent achievable, and whether the property appreciates over your holding period.

How does Roxy Square's pricing compare to recent transactions per square foot in the East Coast area?

Roxy Square's pricing of approximately S$1.98 million for units in the 1,200–1,300 square feet range reflects typical East Coast valuations, translating to roughly S$1,500–S$1,650 per square foot depending on exact unit size. East Coast properties have consistently commanded premiums over more distant or less well-connected precincts, owing to Marine Parade MRT proximity and neighbourhood maturity. Recent comparable transactions in the locality support these price levels, with variation reflecting floor level, aspect, and amenity access. Buyers should conduct a detailed comparable analysis via their legal adviser to ensure fair pricing relative to actual recent arm's length sales in the immediate vicinity.

What are the ABSD implications if I'm a Singapore Citizen buying Roxy Square as my second property?

Singapore Citizens purchasing a second residential property incur Additional Buyer's Stamp Duty (ABSD) at the current rate of 20 percent on the purchase price. On a purchase price of S$1.98 million, this equates to approximately S$396,000 in ABSD alone—a substantial cost that must be incorporated into your acquisition budget and overall financing plan. This duty is in addition to the standard Buyer's Stamp Duty (BSD) and other closing costs. First-time buyers, by contrast, are exempt from ABSD, making their acquisition cost materially lower. It is essential to confirm your buyer status and compute the full tax burden before making an offer.

Are there lease decay concerns at Roxy Square, and how might they affect resale value?

Lease decay becomes a material concern for Singapore properties as they approach 80 years remaining on their lease terms. Without specific information on Roxy Square's actual lease inception date, it is prudent to verify this with the developer or your legal adviser. If the building is relatively modern (under 40 years old), lease decay is unlikely to impact value within a typical 10–15 year holding period. However, as leases shorten below 80 years, prospective buyers become more hesitant, potentially constraining future resale value and refinancing capacity. Buyers holding for the very long term should seek professional advice on lease extension costs and feasibility, as these can run into millions of dollars and are not always guaranteed.

How does proximity to Marine Parade MRT Station affect demand and capital appreciation at Roxy Square?

The 520-metre walk to Marine Parade MRT Station (TE26) is a significant value driver, positioning Roxy Square within the most desirable walkable distance for commuters and reducing reliance on private transport. This accessibility directly supports both rental demand and resale appeal, as tenants and buyers prioritise properties with seamless MRT connections. MRT-proximate properties in East Coast have historically appreciated faster than those further afield, particularly during periods of transport fare increases or vehicle ownership constraints. The Circle Line serves major employment hubs, making this station connection particularly valuable for working professionals. Investors should expect strong tenant interest and faster lease-up cycles, whilst owner-occupiers benefit from genuine commute time savings and long-term capital preservation.

Who would be the ideal buyer profile for Roxy Square units?

Roxy Square appeals to multiple buyer segments: young professionals and couples seeking their first owned property with modern amenities and transport access; growing families upgrading from smaller units who value the neighbourhood's schools and parks; expatriate professionals relocating to Singapore and seeking established, accessible residential areas; and investors targeting stable rental yields in a mature, transit-connected locality. The mixed unit configurations across the development mean that upgraders can find spacious three-bedroom units, whilst first-timers can access more compact two-bedroom layouts at lower entry prices. HNW buyers may view East Coast properties as a diversified residential holding, leveraging the area's resilience and capital preservation characteristics over multi-decade horizons.

What TDSR and financing headroom should I plan for at Roxy Square's price levels?

At typical price points around S$1.98 million, most buyers can expect loan approvals covering 75–80 percent of the property value, requiring a cash deposit of 20–25 percent upfront. However, your actual borrowing capacity is constrained by your Total Debt Service Ratio (TDSR), which limits monthly debt repayments (including the new mortgage) to no more than 60 percent of your gross monthly income. For a S$1.98 million purchase with a 75 percent loan (S$1.485 million) over a 25-year tenure at approximately 4 percent interest, the monthly instalment would be roughly S$7,500. This means you would need a gross monthly income of at least S$12,500 to satisfy TDSR requirements. Existing liabilities—car loans, credit card balances, other mortgages—reduce your available headroom, so pre-approval and financial planning are essential before making an offer.

How does Roxy Square compare to nearby competing developments in East Coast?

Roxy Square competes within a established East Coast market that includes various condominium offerings at multiple price points and lease stages. The development's specific advantages centre on its MRT proximity, neighbourhood maturity, and mixed-unit inventory that appeals across buyer segments. Competing projects may offer larger layouts, more extensive facilities, or lower per-square-foot pricing if located further from the transport node or in less-developed precincts. However, Roxy Square's location advantage—walkable to Marine Parade MRT and embedded within a mature, established neighbourhood—typically justifies its pricing premium. Buyers should compare lease lengths, facility quality, maintenance histories, and management reputation alongside pure price metrics to make an informed decision.

Which unit stack or floor levels offer the best value at Roxy Square?

Unit positioning materially affects both capital value and rental appeal. Lower floors (typically 1–5) often command discounts owing to reduced views, higher noise exposure from street activity, and perceived security concerns, yet they suit buyers prioritising accessibility and those with mobility considerations. Mid-range floors (6–15) strike a balance, offering reasonable views, minimal wind exposure, and strong rental appeal to families and professionals. Higher floors (16+) command premiums for superior views, natural light, and perceived prestige, though they may experience higher wind exposure and potential lift congestion during peak hours. The most consistent value often resides on the mid-range floors facing park or green space, where natural amenities attract tenants and owner-occupiers alike without the premium pricing of the very highest levels. Investors should favour floors with strong tenant appeal and resilient rental fundamentals over pure aesthetic preferences.

What is the future supply pipeline in the East Coast/Marine Parade district, and how might it affect property values?

East Coast and Marine Parade are mature, largely built-out precincts with limited greenfield development potential, meaning the supply of new residential units is constrained. This structural scarcity supports long-term price stability and capital appreciation, as demand continues to exceed new supply. However, pockets of en-bloc sales and collective redevelopments remain possible, introducing periodic supply surges that can temporarily moderate price growth in those specific microlocations. The broader Marina Parade MRT corridor benefits from demand generated by the Circle Line expansion and improved connectivity to growing employment centres. Buyers and investors can generally expect supply constraints to support values over 10–20 year horizons, though neighbourhood-level redevelopment cycles may create localised price volatility. It is worth monitoring government land-use plans and local gazette announcements for potential future developments that could affect specific Roxy Square holdings.

Roxy Square — From S$2m