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Terrace At Pasir Ris Avenue — From S$2.4M

Pasir Ris Avenue

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Landed

Terrace At Pasir Ris Avenue — From S$2.4M

Terrace at Pasir Ris Avenue
1 Units To Buy
For Sale
Type Units Min Area Price Range
4 BR 1 2922 sqft S$2.4M
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Property Highlights
  • Landed development with 1 unit currently available.
  • Prices currently start from S$2.4M.
  • For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$470K on this acquisition.
  • Located 10 min (840 m) from CP2 Elias MRT Station (U/C).
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Pasir Ris Beach Park: Premium Terraced Living in Singapore's Vibrant East

Pasir Ris Beach Park represents a collection of freestanding terraced houses situated along Pasir Ris Avenue, one of the East region's most sought-after residential corridors. This development caters to homebuyers seeking substantial living space, architectural independence, and the lifestyle benefits of a mature seaside precinct without compromising on modern conveniences or investment potential.

The project's positioning within Pasir Ris—a district renowned for its beachfront parks, recreational facilities, and family-centric community—places residents within easy reach of the Pasir Ris Waterfront, schools, shopping centres, and dining establishments that define contemporary East Coast living. Each property in this collection offers generous floor areas exceeding 2,300 square feet, with well-proportioned land plots that accommodate private gardens, vehicular parking, and outdoor entertainment spaces typical of the terraced house typology.

Location and Connectivity

The development enjoys a compelling proximity to Elias MRT Station, currently under construction as part of Singapore's expanded metro network. Situated approximately 840 metres away—roughly a 10-minute walk—the forthcoming station will substantially enhance connectivity for residents, linking Pasir Ris Beach Park directly to the broader MRT network and facilitating seamless commuting to the Central Business District, airport, and other major employment nodes across the island. This infrastructural enhancement is expected to drive medium to long-term capital appreciation and rental demand throughout the precinct.

Beyond MRT accessibility, the location benefits from established road networks, including proximity to major arterial routes such as Pasir Ris Street and the East Coast Parkway, enabling residents to reach diverse parts of Singapore efficiently by private vehicle. The neighbourhood's maturity is reflected in the presence of multiple shopping malls, hawker centres, supermarkets, and recreational venues within a five-kilometre radius, ensuring daily conveniences are abundantly available.

Property Specifications and Layout

Terraced houses within Pasir Ris Beach Park typically feature four bedrooms and three bathrooms, with floor areas spanning approximately 2,920 square feet of built-up space and land plots of around 2,400 square feet. This generous proportioning reflects the terraced house segment's appeal to families, multi-generational households, and downsizers seeking more space than apartments or penthouses can provide, whilst maintaining lower maintenance overhead than detached bungalows. The floor-to-land ratio allows for meaningful outdoor space—a significant draw for households with children or those prioritising gardens and private entertaining areas.

The architectural character of terraced homes in this precinct typically incorporates three storeys, offering flexibility for home offices, guest suites, or mezzanine-level leisure zones. Modern finishes and layouts within the development accommodate contemporary living patterns, including open-plan ground floors suitable for family gatherings and entertaining, and segregated upper levels for private sleeping quarters.

Investment Perspective and Pricing

Properties at Pasir Ris Beach Park are offered from S$2,350,000 onwards, positioning the development within the upper-middle segment of Singapore's residential market. This pricing reflects the combination of spacious built-up area, established location, and the imminent MRT connectivity that will redefine accessibility for the precinct. For investors considering this development, the terraced house format has historically demonstrated resilience in the secondary market, with strong appeal among upgraders and families seeking permanence in a specific location.

The rental market for terraced houses in Pasir Ris has matured considerably, with monthly rents typically ranging between S$6,000 and S$8,500 depending on precise location, condition, and rental terms. This rental range implies gross yields in the region of 3.0% to 4.5% on the capital base of properties in this development, a profile attractive to long-term buy-to-let investors and those seeking stable income streams with capital growth exposure.

District Character and Amenities

Pasir Ris has evolved into one of Singapore's most comprehensive residential ecosystems, combining waterfront parks, educational institutions, healthcare facilities, and commercial hubs within a cohesive precinct. The Pasir Ris Park complex, including the beach, provides recreational opportunities rarely available within Singapore's urban landscape, whilst the district's schools—ranging from primary to junior colleges—cater to families at multiple life stages. The presence of Parkway Parade and other shopping destinations ensures retail and dining diversity, reducing the necessity for residents to venture beyond the East region for everyday shopping.

Community infrastructure remains a hallmark of Pasir Ris's appeal, with sports clubs, community centres, and grassroots organisations fostering a cohesive neighbourhood identity. This established social fabric, combined with the district's reputation for safety and cleanliness, underpins Pasir Ris Beach Park's attractiveness to families and those seeking a balanced lifestyle between suburban tranquillity and urban accessibility.

Future Outlook and Capital Appreciation

The completion of Elias MRT Station represents a transformative infrastructure catalyst for properties in Pasir Ris Beach Park's vicinity. Historical precedent suggests that MRT station openings drive measurable appreciation in surrounding properties, particularly terraced houses which appeal to broader demographic segments than ultra-luxury segments. The under-construction status of Elias MRT presents an opportunity for investors to acquire properties before the full capitalisation of connectivity benefits into market prices—a classic play in Singapore real estate dynamics.

Beyond MRT, the East region continues to attract population growth through new residential projects, improved commercial facilities, and enhancements to public spaces. This supply and demand dynamic, combined with the relative scarcity of new terraced house launches compared to apartment developments, positions existing terraced stock as increasingly valued assets over the medium to long term.

Pasir Ris Beach Park exemplifies the contemporary appeal of terraced houses in established, well-serviced neighbourhoods—offering space, autonomy, lifestyle quality, and investment merit within a single offering.

Frequently Asked Questions

What is the estimated rental yield for investors purchasing a terraced house at Pasir Ris Beach Park?

Terraced houses in the Pasir Ris precinct typically command monthly rents between S$6,000 and S$8,500, depending on exact location, condition, and lease terms. Given the development's pricing from S$2,350,000 upwards, this translates to gross yields of approximately 3.0% to 4.5% annually—a profile that attracts long-term buy-to-let investors seeking stable rental income with capital appreciation potential. The forthcoming Elias MRT station is expected to enhance rental demand by broadening the tenant pool and attracting expatriate families and young professionals seeking East Coast convenience. Investors should factor in property maintenance, conservation levies, and potential estate management costs when calculating net yields, as terraced houses require more active upkeep than condominiums but offer the significant advantage of private land ownership and flexibility in alteration.

How does the price per square foot at Pasir Ris Beach Park compare to recent terraced house transactions in the East region?

Pasir Ris Beach Park's pricing from S$2,350,000 for approximately 2,920 square feet of built-up space equates to roughly S$805 per square foot, a figure competitive within the East region's terraced house segment. Recent comparable transactions in nearby Pasir Ris precincts have ranged between S$750 and S$850 per square foot, positioning this development at the upper-middle range—justified by the proximity to the under-construction Elias MRT Station and the established maturity of the neighbourhood. Terraced houses consistently command higher per-square-foot valuations than apartments in the same district due to land ownership, architectural autonomy, and the premium buyers place on private outdoor space. Buyers should compare these price points against competing terraced developments in the East region, such as those in Bedok or Katong, to contextualise the value proposition within the broader market.

What Additional Buyer's Stamp Duty (ABSD) implications apply to second-property buyers at Pasir Ris Beach Park?

Singapore Citizens purchasing a second residential property at Pasir Ris Beach Park will incur Additional Buyer's Stamp Duty (ABSD) at the rate of 20% on the purchase price—in addition to standard Buyer's Stamp Duty and other conveyancing costs. For a property priced at S$2,350,000, this represents an ABSD liability of S$470,000, materially impacting the total acquisition cost and financing requirements. This ABSD regime applies specifically to residential properties and does not apply to first-time homebuyers or those purchasing via HDB schemes. For investors, the 20% ABSD cost must be incorporated into the investment thesis—effectively requiring gross yields of 3.5%+ to justify the holding period before capital appreciation offsets the significant upfront tax cost. Some buyers have structured acquisitions through corporate vehicles or by claiming primary residence exemptions, though such strategies require professional tax and legal advice tailored to individual circumstances.

Are there lease decay or resale concerns for Pasir Ris Beach Park properties, given potential leasehold tenure?

This development is a freehold property, eliminating lease decay risks that typically affect 99-year leasehold apartments or landed properties. Freehold ownership confers indefinite land tenure, meaning there is no progressive reduction in property value as a lease matures toward its tail end. This fundamental advantage of freehold terraced houses makes them particularly attractive to families planning multi-generational occupancy and to investors with long-term horizons who do not need to time a sale around lease maturity cycles. Resale demand for freehold terraced houses in established precincts like Pasir Ris has historically proven robust, as buyers value the permanence and architectural freedom that freehold ownership enables. The freehold status, combined with the impending Elias MRT connectivity, positions properties at Pasir Ris Beach Park favourably against newer leasehold apartments that may face lease-related depreciation in later decades.

How will the upcoming Elias MRT Station impact demand and capital appreciation for properties at Pasir Ris Beach Park?

The Elias MRT Station, currently under construction and approximately 840 metres from Pasir Ris Beach Park, represents a significant positive catalyst for property values and rental demand in the immediate precinct. Historical analysis of MRT station openings in Singapore demonstrates that properties within 1.5 kilometres experience measurable appreciation—typically 10% to 20% over a 3-to-5-year window surrounding the station's opening. The terraced house segment particularly benefits from MRT connectivity, as families and young professionals increasingly value walkable access to public transport, making the forthcoming station a material improvement to the development's attractiveness. Enhanced connectivity is also expected to expand the tenant pool, supporting stronger rental demand and potentially enabling landlords to command higher rents. Buyers purchasing before the station's completion benefit from valuation 'upside' as MRT-driven appreciation crystallises—a classic timing opportunity in Singapore real estate cycles.

Which buyer profiles—upgraders, first-timers, HNW individuals, investors—is Pasir Ris Beach Park best suited for?

Pasir Ris Beach Park appeals most strongly to upgrading families seeking more space than their current apartments can provide, and to downsizers from larger detached houses who want to retain private land ownership without the maintenance burden of a sprawling bungalow. First-time homebuyers with substantial capital—particularly those with young families—find the four-bedroom, three-bathroom layout and spacious land plot ideal for long-term family living. High-net-worth individuals appreciate the freehold tenure, established location, and lifestyle amenities (beach parks, schools, dining) that Pasir Ris offers, though they may equally consider ultra-prime alternatives in other districts. Buy-to-let investors view terraced houses in Pasir Ris as a balanced risk-return proposition: stable rental yields, resilient demand from expatriate families, and reasonable capital appreciation without the volatility of speculative investments. For each buyer profile, the proximity to Elias MRT adds material value, though upgraders and families will typically prioritise the neighbourhood's maturity and recreational facilities more heavily than yield-focused investors.

What TDSR and financing headroom exist for buyers financing a purchase at Pasir Ris Beach Park's typical price points?

A property priced at S$2,350,000 typically requires a minimum downpayment of 20% (S$470,000 for cash buyers, or 25% including ABSD for second-property buyers), with the remainder financed via mortgage. At prevailing interest rates of approximately 4.0% to 4.5%, a mortgage of S$1.88 million over 25 years incurs monthly servicing of approximately S$8,500 to S$9,000. For the Debt-to-Service Ratio (TDSR) calculation—capped at 55% of gross monthly income—a household would require gross monthly income of approximately S$15,500 to S$16,400 to comfortably service this debt without exceeding regulatory limits. This calculation excludes other debt obligations (car loans, credit facilities), so actual income requirements are typically higher. Buyers with existing mortgages or substantial personal debt should model TDSR implications carefully and potentially consider properties at the lower end of the development's range, or delay purchases until additional capital has been accumulated. First-time buyers often benefit from more generous financing terms and may qualify for concessional insurance premiums, effectively improving their financing capacity by 5% to 10%.

How do terraced houses at Pasir Ris Beach Park compare in value to competing developments in nearby precincts?

Pasir Ris Beach Park competes directly with terraced house developments in adjacent Loyang, Joo Koon, and Central Pasir Ris precincts, as well as with secondary-market terraced stock in established Bedok and Katong enclaves. Newer launches in the same district typically command pricing from S$2.2 million to S$2.6 million for comparable floor areas, positioning Pasir Ris Beach Park competitively within this range. The key differentiator is proximity to Elias MRT—developments closer to the station (if available) may command a 5% to 10% premium, whilst those further away trade at slight discounts. Terraced houses in Bedok or Katong, more established and with better-developed commercial ecosystems, sometimes command higher price points, but often lack modern finishes and require more extensive renovation. Pasir Ris Beach Park's appeal lies in the combination of competitive pricing, freehold tenure, modern specifications, and imminent MRT connectivity—an attractive confluence that investors and owner-occupiers view as superior to purely secondary-market comparables. Prospective buyers should conduct site inspections at competing developments to assess build quality, finishes, and amenity provision before committing.

Are certain unit stacks or floor levels within Pasir Ris Beach Park likely to offer superior value and appeal?

Terraced houses, by definition, do not have traditional floor stacking as apartments do, but property values within the development may vary based on exact positioning, orientation, and proximity to amenities. Corner plots and those with optimal sun exposure typically command premiums of 3% to 8%, as they offer enhanced natural light and, often, larger or more versatile outdoor spaces. Properties at the development's fringe—particularly those closest to Pasir Ris Park or positioned for quieter, park-facing outlooks—frequently attract family buyers and investors willing to pay slight premiums. Conversely, units facing major roads or with less desirable orientations may trade at modest discounts (2% to 5%), potentially offering value to price-sensitive buyers less concerned with vista or natural light hierarchy. The freehold nature of terraced houses means that strategic renovation—adding a rooftop pavilion, expanding the garden, or modernising interior finishes—can substantially enhance resale appeal and value, particularly when the MRT station opens and demand intensifies. Buyers with development ambitions should prioritise properties with lower asking prices and identify those with latent renovation potential.

What is the future supply pipeline for residential projects in the Pasir Ris and East region, and how will this affect capital appreciation?

The East region—encompassing Pasir Ris, Tampines, Bedok, and Katong—continues to attract significant new residential supply, including public housing (HDB) developments and private apartments, but terraced house launches remain relatively constrained. Over the next five years, the Urban Redevelopment Authority (URA) master plan indicates controlled density increases in Pasir Ris, with new mixed-use developments and enhanced commercial precincts, but minimal new terraced house releases. This supply constraint is structurally favourable for existing freehold terraced stock: demand from upgrading families and investors will likely outpace new supply, supporting steady appreciation. However, the opening of Elias MRT will simultaneously drive new HDB and apartment supply along the station corridor, potentially attracting younger, first-time buyers who might otherwise have upgraded to terraced houses. Savvy investors should monitor URA announcements and tender schedules to anticipate competitive supply dynamics. The overall outlook remains supportive for terraced houses in Pasir Ris, as the segment appeals to a distinctly different buyer cohort than apartments—families prioritising space, autonomy, and freehold permanence. Capital appreciation of 3% to 5% annually is a reasonable medium-term expectation, particularly when buoyed by MRT connectivity and broader East region urbanisation.