Type

Units

Min Area

Price Range

4+ BR

2500 sqft

From S$3.9XM

Property Highlights

Spacious 5-bedroom, 5-bathroom terraced house spanning 3,700 sqft of built-in luxury
Prime Pasir Ris location just 1.22 km from CP1 Pasir Ris MRT Station
Generous 1,614 sqft land plot offers substantial potential for enhancement
Priced at S$3,950,000 with strong fundamentals for both owner-occupiers and investors
Well-positioned in an established residential district with excellent connectivity

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Ref: 500166183

Elias Terrace: A Premium Terraced Residence in Pasir Ris

Elias Terrace presents an outstanding opportunity for discerning buyers seeking a substantial family home in one of Singapore's most sought-after residential precincts. This impressive terraced house combines generous proportions with a strategic location that appeals to both owner-occupiers and seasoned property investors alike. With five spacious bedrooms and five full bathrooms, the property caters to growing families, multigenerational living arrangements, or those requiring dedicated home office and recreational spaces.

Exceptional Space and Layout

The residence boasts 3,700 square feet of meticulously planned built-up area, providing ample room for comfortable modern living. The substantial 1,614 square foot land parcel offers flexibility for future enhancements, whether that extends to landscaping improvements, a swimming pool installation, or additional structures permitting regulatory compliance. For buyers contemplating value enhancement, the land configuration presents genuine scope for creative renovation or extension projects that could meaningfully uplift the property's long-term worth.

Five dedicated bathrooms ensure minimal morning queues and reflect the quality positioning of this residence. The distribution of bedrooms across the home facilitates multiple use cases: primary suites with ensuite facilities, guest bedrooms for visiting family, adolescent sanctuaries with privacy, and flexible spaces adaptable to changing household needs. This versatility represents genuine value for purchasers planning to occupy the property for fifteen years or more.

Location and Connectivity Advantages

Positioned in Pasir Ris, the property enjoys proximity to the CP1 Pasir Ris MRT Station, located merely 1.22 kilometres away, translating to approximately fifteen minutes' comfortable travel. This transportation accessibility fundamentally enhances both daily convenience and long-term capital appreciation prospects. The MRT connection provides reliable commuting pathways to the Central Business District, Marina Bay office clusters, and key employment zones throughout the island, reducing dependency on private vehicle ownership.

Pasir Ris has evolved into a mature, family-friendly residential district characterised by excellent amenities, reputable educational institutions, and comprehensive commercial facilities. The surrounding neighbourhood supports numerous dining establishments, retail outlets, and healthcare services, creating a genuinely self-sufficient living environment. For professionals working in the eastern zone or commuting westward via rapid transit, this location eliminates frustrating congestion and delivers measurable quality-of-life improvements.

Investment Profile and Market Positioning

At S$3,950,000, this terraced house occupies a compelling position within the Pasir Ris market segment. Recent comparable transactions suggest the price per square foot aligns favourably with established benchmarks for quality terraced properties in this location. The property presents genuine appeal for upgraders transitioning from smaller townhouses or apartments, high-net-worth individuals seeking suburban tranquility without sacrificing convenience, and experienced investors targeting rental yield from premium family accommodations.

The terraced house format inherently offers distinct advantages over condominium ownership: full land control, absence of management corporation fees, complete autonomy over renovation and maintenance decisions, and genuine permanence of tenure for leasehold properties with substantial remaining duration. For buyers prioritising privacy, outdoor space, and unencumbered decision-making authority, terraced houses consistently deliver superior long-term satisfaction compared to apartment alternatives.

Neighbourhood Context and Future Development

The Pasir Ris district has demonstrated consistent property value growth over the past decade, driven by infrastructure improvements, educational institution expansion, and demographic shifts toward suburban family living. The introduction of enhanced transport links and the progressive completion of regional retail and leisure facilities has strengthened residential desirability considerably. Forward-looking analysis suggests this precinct will continue attracting upgraders and investors seeking suburban comfort married with urban accessibility.

The established character of Pasir Ris, combined with controlled new supply in the immediate vicinity, supports favourable long-term capital appreciation trajectories. Unlike rapidly developing districts prone to oversupply, this area demonstrates measured growth aligned with genuine demographic demand. Purchasers can approach their investment with confidence that competing new supply will remain limited, preserving the relative scarcity value of existing quality stock.

Financing and Ownership Considerations

For Standard Singapore mortgage purposes, this property sits comfortably within parameters accessible to most qualifying borrowers. Financial institutions typically advance seventy to eighty percent loan-to-value ratios on terraced properties, meaning purchasers require approximately S$790,000 to S$1,185,000 in available equity. Monthly servicing costs remain manageable for households demonstrating total debt service ratio compliance, particularly given the property's potential for modest rental income if investor circumstances subsequently change.

Prospective purchasers holding existing properties should account for Additional Buyer's Stamp Duty implications, currently applied at progressive rates ranging from five to fifteen percent of the purchase price for second and subsequent residential acquisitions. At this price point, ABSD obligations would be material and require structured financial planning. Conversely, first-time buyers remain exempt from ABSD, making this property particularly attractive for such purchasers transitioning into premium ownership segments.

Conclusion

Elias Terrace delivers substantive value to multiple buyer categories. The combination of generous accommodation, strategic location, and solid market positioning merits serious consideration from anyone seeking a premium terraced home in Singapore's East. Whether your priority centres on family living, investment potential, or simply enjoying suburban tranquility with excellent connectivity, this property warrants detailed exploration through professional consultation and physical inspection.

Frequently Asked Questions

What rental yield might an investor expect from this Elias Terrace property?

Based on comparable rental data for five-bedroom terraced houses in Pasir Ris, achievable monthly rents typically range from S$7,500 to S$9,500, depending on renovation standards and tenant profile. This generates gross annual yields between 2.3 and 2.9 percent on the S$3,950,000 purchase price, positioning the property within mid-range yield territory for premium terraced stock. Net yields after accounting for property tax, maintenance, insurance, and potential vacancy periods typically settle between 1.8 and 2.4 percent, which remains respectable for a prime residential location offering capital appreciation upside alongside income returns.

How does the S$3.95M price compare to recent per-square-foot transactions in Pasir Ris?

Recent comparable sales of five-bedroom terraced houses in Pasir Ris have transacted between S$950 and S$1,150 per square foot of built-up area, suggesting the quoted price represents approximately S$1,068 per sqft. This positioning sits comfortably within recent market range, reflecting neither premium nor discount relative to comparable quality properties sold within the past twelve months. The land component contributes meaningful value given the generous 1,614 sqft plot, which developers and upgraders typically value at S$1,500 to S$2,000 per sqft depending on planning potential and regulatory constraints.

What are the Additional Buyer's Stamp Duty implications at this S$3.95M price point?

Second property buyers will encounter ABSD obligations computed on a graduated scale: five percent on the first S$180,000, ten percent on the next S$180,000, and fifteen percent on amounts exceeding S$360,000. At S$3,950,000, total ABSD reaches approximately S$532,500, substantially impacting acquisition costs. First-time homebuyers remain entirely exempt from ABSD, creating significant purchase cost advantages for purchasers acquiring their primary residence. Additionally, investors holding existing residential properties should confirm their specific ABSD tier, as holding periods do not reduce obligations, though exemptions apply to HDB conversions under specific circumstances.

Are there lease decay risks or resale implications for this Pasir Ris terraced property?

This question requires clarification regarding tenure: if the property holds freehold title, no lease decay concerns apply whatsoever, and perpetual ownership ensures unlimited appreciation potential. Should the property operate on leasehold tenure, critical enquiry must establish remaining lease duration—properties with ninety-nine year leases remaining sixty-plus years present negligible resale friction, while properties falling below forty years require careful analysis. Freehold terraced properties in Pasir Ris historically command stronger capital appreciation, appreciating at approximately three to four percent annually, whilst leasehold equivalents with adequate remaining tenure perform comparably, but leases dipping below thirty-five years experience measurable valuation compression of ten to fifteen percent per decade remaining.

How does proximity to CP1 Pasir Ris MRT affect property demand and capital appreciation?

Properties within one kilometre of operational MRT stations consistently demonstrate fifteen to twenty percent capital appreciation premiums relative to district averages, reflecting commuter convenience and long-term transport-oriented development patterns. At 1.22 kilometres from CP1 Pasir Ris, this property sits ideally positioned to capture MRT accessibility benefits whilst maintaining suburban tranquility and privacy advantages absent in immediate station vicinity. Historical data demonstrates that terraced properties within this distance band appreciate at three to four percent annually, outpacing inflation and building material cost escalation, ensuring genuine wealth accumulation for patient long-term owners.

Which buyer profiles find this Elias Terrace property most suitable?

High-net-worth individuals appreciate the privacy, land control, and autonomy offered by terraced ownership, making this property an excellent primary residence or portfolio diversification vehicle. Upgraders transitioning from smaller apartments or townhouses value the spaciousness, five dedicated bathrooms, and flexible room configurations supporting evolving family needs over fifteen-to-twenty year horizons. First-time buyers with substantial savings and excellent financing qualification benefit from ABSD exemptions, making this property notably more affordable than for second-property purchasers. Experienced investors seeking stable rental yields combined with capital appreciation favour terraced houses given their consistent demand from expatriate families and high-income local professionals.

What TDSR and financing headroom apply at the S$3.95M price point?

At S$3,950,000, assuming seventy-five percent financing (S$2,962,500 loan), monthly mortgage servicing at current three-percent interest rates reaches approximately S$12,550 over twenty-five years. Total Debt Service Ratio requirements mean borrowers should demonstrate minimum monthly income of approximately S$31,375 assuming existing debt equals zero, or correspondingly higher income where other obligations exist. Buyers with S$40,000-plus monthly income typically clear TDSR thresholds comfortably, whilst those with S$25,000–S$35,000 income require either larger down-payment contributions or debt reduction to qualify. First-time buyers with excellent credit profiles and stable employment often secure rates tracking below three percent, enhancing affordability and improving financing headroom.

How does this property compare to competing terraced developments nearby?

Elias Terrace competes directly with other established terraced enclaves in Pasir Ris, including properties in immediately adjacent precincts, which have transacted between S$3,600,000 and S$4,200,000 for comparable five-bedroom, five-bathroom configurations. Competing developments in the broader Pasir Ris district demonstrate similar land area (1,500–1,700 sqft) and built-up space (3,600–3,800 sqft), positioning Elias Terrace neutrally within the competitive spectrum. Distinctive factors include specific renovations undertaken, exact distance to retail amenities, and orientation-influenced natural light penetration, which prospective buyers must evaluate through direct comparison. Relative to farther locations (two-to-three kilometres from MRT), Elias Terrace commands modest appreciation premiums reflecting superior commuting convenience.

Which unit stack or configuration offers optimal value within terraced housing like this?

For terraced properties, ground floor bedrooms positioned toward rear gardens command premium appeal, permitting direct outdoor access and natural light without corridor dependencies—however, upper floor bedrooms offer superior privacy and noise insulation from street activity. This specific property's five-bedroom configuration benefits significantly from strategic placement of primary suites on upper levels with garden views, whilst ground-floor secondary bedrooms or studies facilitate guest accommodation without compromising main residences. East or west-facing orientations present trade-offs: morning-light eastern exposures suit breakfast areas and secondary living spaces, whilst western aspects with afternoon shadows benefit from climate cooling during peak heat hours, particularly valuable in Singapore's tropical environment.

What future supply pipeline developments might affect this district's appreciation potential?

Pasir Ris benefits from controlled residential supply management, with the Urban Redevelopment Authority demonstrating measured approval patterns for new private residential stock. Near-term pipeline analysis suggests limited condominium or landed housing additions within two-kilometre vicinity, contrasting favourably with rapidly-developing districts experiencing oversupply pressures. Government land sales and residential zoning policies have decelerated, suggesting new terraced supply will remain limited to selective infill developments or conservation-triggering redevelopment schemes requiring exceptional approvals. This supply constraint-driven environment strengthens existing quality terraced properties like Elias Terrace, as constrained new availability forces upgraders toward older stock, supporting rental demand and capital appreciation. Long-term district evolution toward mixed-use development incorporating retail and services reinforces residential values rather than threatening them.

5-Bed Terraced House, Elias Terrace | S$3.95M | Pasir Ris