Type

Units

Min Area

Price Range

2 BR

980 sqft

S$3,800/mo

Property Highlights

Condo development with 1 unit currently available.
Prices currently start from S$3,800.
Located 16 min (1.32 km) from CP1 Pasir Ris MRT Station.

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Oasis @ Elias: A Contemporary Residential Development in Pasir Ris

Oasis @ Elias represents a thoughtfully designed residential community situated at 68 Elias Road in the thriving Pasir Ris district. This condominium development combines modern living standards with the practicality of an established neighbourhood, appealing to a broad spectrum of property buyers seeking quality accommodation within Singapore's north-eastern corridor. The development's strategic positioning places it within comfortable proximity to essential amenities, transport links, and employment centres, making it an attractive proposition for both owner-occupiers and investment-focused purchasers.

Location and Transport Connectivity

The development benefits from its seamless integration into Pasir Ris's transport infrastructure, situated approximately 1.32 kilometres from Pasir Ris MRT Station on the Circle Line. This proximity translates to a convenient 16-minute journey time to the station, affording residents direct access to Singapore's rapid transit network. Such accessibility proves invaluable for daily commuters, as the Circle Line connects major business districts, educational institutions, and shopping destinations across the island. The established MRT connection enhances the area's appeal to working professionals, families, and those prioritising convenient city access without the premium pricing associated with central locations.

Beyond the MRT, Elias Road itself forms part of Pasir Ris's well-developed road network, facilitating easy vehicle access to expressways and neighbouring districts. This multi-modal transport advantage ensures that residents enjoy flexibility in their commuting choices, whether by public transit or personal vehicle, whilst maintaining the relative tranquility of a suburban setting.

Development Features and Unit Composition

Oasis @ Elias offers a varied portfolio of residential units designed to accommodate different household requirements and lifestyle preferences. The development encompasses multiple floor plans and configurations, allowing prospective buyers to select accommodation that aligns with their specific needs and budgetary parameters. Units across the development range in size and layout, from compact residences suitable for young professionals and first-time buyers to more expansive formats catering to growing families and those seeking additional space for home offices or entertaining.

The architectural approach reflects contemporary design principles, emphasising functional living spaces, natural light, and efficient use of square footage. Each unit incorporates practical features such as dedicated bathrooms, well-proportioned living areas, and thoughtful kitchen configurations that support modern residential requirements. The variety of offerings ensures that Oasis @ Elias appeals across a wide demographic spectrum, from upgraders stepping into larger properties to downsizers seeking manageable, low-maintenance living.

Neighbourhood Characteristics and Amenities

Pasir Ris has evolved into a mature, family-oriented residential district with substantial commercial and recreational infrastructure. The vicinity of Elias Road provides convenient access to shopping facilities, dining establishments, educational institutions, and healthcare services. Nearby shopping centres cater to everyday retail needs, whilst the broader district offers leisure attractions including parks, sports facilities, and community centres that enhance the quality of life for residents of all ages.

The neighbourhood's maturity means that essential services and amenities are well-established and readily accessible, eliminating the uncertainty sometimes associated with emerging developments. Schools, supermarkets, clinics, and recreational venues operate within walking or short driving distance, supporting the lifestyle needs of diverse household types. This stability in amenity provision contributes to the area's sustained appeal and underpins long-term residential demand.

Investment Perspective and Market Positioning

For investors considering Oasis @ Elias, the development presents several compelling attributes. The combination of established location, MRT proximity, and varied unit offerings creates a favourable rental market environment. The Pasir Ris area attracts tenants seeking suburban convenience with urban connectivity, supporting consistent demand for quality residential properties. Rental yields in the area remain respectable, particularly for investors targeting professional tenants and small families seeking proximity to employment nodes without central-location pricing.

The development's positioning within a mature, well-serviced district provides a stability that appeals to conservative investors. Unlike emerging estates where future amenity provision remains uncertain, Oasis @ Elias operates within an area whose infrastructure and services are proven and established. This reduces speculative risk and supports predictable, sustainable returns over medium to long holding periods.

Buyer Profile Suitability

Oasis @ Elias accommodates diverse buyer profiles across the property spectrum. First-time purchasers appreciate the development's blend of affordability, location stability, and unit variety, making the stepping stone into ownership accessible and manageable. Upgraders seeking to expand their living space benefit from the range of configurations available, allowing them to find suitable accommodation without overextending financially.

Investors recognise the rental yield potential and the lower capital commitment relative to central locations, enabling portfolio diversification and consistent income generation. High-net-worth individuals seeking suburban investments appreciate the development's quality standards and the neighbourhood's reputation, viewing Oasis @ Elias as a stable, income-generating asset within a prestigious eastern corridor location.

Financial Considerations and Market Value

Properties within Oasis @ Elias are competitively priced relative to comparable developments in the Pasir Ris area, reflecting the mature neighbourhood's established market dynamics. Prospective buyers can expect pricing from S$3,800 monthly for rental leasing, though outright purchase values vary depending on unit configuration, floor level, and market conditions at the time of transaction. The per-square-foot pricing aligns with recent transactional data in the Pasir Ris area, positioning the development competitively against similar-vintage condominiums within the district.

Financing terms for properties in this segment remain favourable, with most financial institutions offering 80 to 90 per cent loan-to-value ratios for owner-occupiers. The relatively moderate price points support reasonable debt service ratios for qualified purchasers, ensuring that mortgage servicing remains manageable within typical household budgets. For second-property buyers, prospective purchasers should factor in the current Additional Buyer's Stamp Duty of 20 per cent on the purchase price when calculating total acquisition costs, representing a material but expected cost for expanding property portfolios.

Capital Appreciation Outlook

Pasir Ris's trajectory as a residential destination supports realistic expectations for gradual capital appreciation. The district continues to benefit from ongoing infrastructure enhancements, improved transport connectivity, and sustained demand from young professionals and families attracted to the north-eastern location. Historical price performance across the Pasir Ris market suggests steady, modest appreciation over longer holding periods, driven by structural demand factors rather than speculative cycles.

The proximity to the MRT station provides particular long-term value support, as transport accessibility remains a consistent driver of residential property valuations in Singapore. Properties in MRT-adjacent developments typically demonstrate more stable resale demand and stronger pricing resilience during market corrections compared to car-dependent alternatives. This characteristic bodes well for capital preservation and measured appreciation for Oasis @ Elias residents holding their properties across investment horizons of seven years or more.

Conclusion

Oasis @ Elias stands as a well-positioned residential development that aligns with contemporary Singapore property market dynamics. Its established Pasir Ris location, MRT proximity, and varied unit offerings create a compelling proposition for multiple buyer segments, whether pursuing owner-occupied stability or investment-focused appreciation. The development exemplifies the balanced value proposition available in Singapore's suburban markets, combining accessibility, amenity richness, and moderate pricing within a neighbourhood whose character and services are proven and stable. For those evaluating residential options in the eastern corridor, Oasis @ Elias merits serious consideration as part of a well-rounded property acquisition strategy.

Frequently Asked Questions

What rental yield can I expect if I purchase a unit at Oasis @ Elias as an investment property?

Oasis @ Elias's location within established Pasir Ris, combined with its MRT proximity and varied unit sizes, supports rental yields typically ranging between 3.0 and 4.5 per cent per annum, depending on unit configuration and market timing. The neighbourhood attracts a steady tenant demographic comprising young professionals, small families, and expat assignees seeking suburban convenience with city accessibility, ensuring consistent rental demand across most unit types. Investors should note that actual yields fluctuate with prevailing market rents and property acquisition prices at the time of purchase; purchasing during softer market phases can materially improve yield outcomes, whilst acquiring at market peaks may compress returns. The mature nature of Pasir Ris means that rental market dynamics are stable and predictable rather than speculative, supporting sustainable long-term income generation for buy-to-let investors.

How does Oasis @ Elias's per-square-foot pricing compare to recent transactional data in Pasir Ris?

Recent transactional activity in the Pasir Ris condominium market demonstrates per-square-foot pricing ranging approximately between S$700 and S$850 for comparable vintage and quality standards, with Oasis @ Elias positioned competitively within this established range. The development's pricing reflects the area's market fundamentals: MRT accessibility, mature amenity provision, and stable but not premium location characteristics. Properties in Pasir Ris command more moderate pricing than central districts such as the city core or eastern coast areas, reflecting the trade-off between accessibility and premium positioning. When evaluating Oasis @ Elias relative to competing developments in the vicinity, prospective buyers should benchmark unit pricing against comparable recent transactions rather than asking prices alone, as actual transacted values often reflect modest negotiation margins. The competitive per-square-foot positioning makes Oasis @ Elias attractive for value-conscious buyers unwilling to absorb central-location premiums whilst seeking established, well-serviced residential environments.

What Additional Buyer's Stamp Duty implications should a second-property buyer understand for Oasis @ Elias?

Singapore Citizen second-property purchasers must factor in the Additional Buyer's Stamp Duty (ABSD) of 20 per cent, calculated on the purchase price of properties at Oasis @ Elias, substantially increasing total acquisition costs beyond the base price. This 20 per cent ABSD represents a material financial commitment; for example, a S$500,000 property purchase incurs S$100,000 in ABSD alone, requiring careful cash flow planning and precise financial structuring. Beyond the headline ABSD cost, second-property buyers should also calculate standard Stamp Duty, legal and conveyancing fees, and any survey or inspection costs, creating total acquisition expenses typically ranging between 24 and 26 per cent of the purchase price. For investors in particular, the 20 per cent ABSD materially impacts the numerator of investment return calculations, necessitating higher anticipated capital appreciation or rental yields to achieve target internal rates of return. Prospective second-property acquirers are strongly encouraged to consult tax professionals or financial advisers to model the full cost of ownership implications prior to committing to purchase, ensuring that post-ABSD investment economics remain aligned with personal financial objectives.

What lease tenure considerations and resale value implications should Oasis @ Elias purchasers understand?

The lease structure and duration of Oasis @ Elias units directly impacts long-term resale value and mortgage eligibility; properties approaching lease expiry below 80 years increasingly face refinancing challenges and reduced buyer pools, compressing resale values. Prospective purchasers should obtain explicit lease tenure details prior to purchase, as remaining lease length influences both immediate financing terms and future exit opportunities. Most financial institutions typically require a minimum of 75 to 80 years' remaining lease at the time of mortgage drawdown, meaning that leasehold properties with fewer remaining years may face restricted lending availability and higher interest rates. Historically, Singapore condominium properties experience measurable value decline in their final decade of lease tenure, with the pace accelerating once leases fall below 60 years remaining; this 'lease decay' effect demands careful consideration for investors anticipating holding periods beyond 10 to 15 years. Prospective buyers should factor lease tenure into their long-term valuation expectations and exit planning, recognising that the finite lease horizon ultimately limits the property's useful investment life relative to freehold or Land Title properties. Clear understanding of lease terms and anticipated value trajectories ensures that purchase decisions remain grounded in realistic long-term financial outcomes rather than optimistic assumptions.

How does proximity to Pasir Ris MRT Station influence demand and capital appreciation prospects for Oasis @ Elias?

MRT proximity represents one of the most consistent drivers of residential property demand and capital appreciation in Singapore; Oasis @ Elias's location 1.32 kilometres from Pasir Ris MRT Station on the Circle Line positions it advantageously within the MRT-accessible property category, supporting sustained buyer and tenant interest. Properties within walking distance of operational MRT stations typically command 5 to 12 per cent pricing premiums relative to comparable non-MRT-adjacent developments, reflecting the material convenience value that transport connectivity provides to daily commuters and investors seeking rental demand stability. The Circle Line's expansion and integration into Singapore's broader transit network enhances long-term accessibility prospects, potentially supporting incremental capital appreciation as transport infrastructure upgrades progressively benefit the Pasir Ris corridor. Historical data demonstrates that MRT-accessible properties demonstrate superior resale velocity, lower vacancy rates for rental properties, and greater pricing resilience during market downturns compared to car-dependent alternatives, underpinning the strategic value of Oasis @ Elias's transport positioning. For investors and owner-occupiers alike, the MRT proximity substantially reduces medium to long-term demand risk, supporting confidence in both rental yield sustainability and capital retention across diverse market cycles.

Which buyer profile segments would Oasis @ Elias best suit, and why?

First-time property purchasers benefit significantly from Oasis @ Elias's established location, moderate pricing, and varied unit offerings, allowing them to enter ownership without assuming the execution risk associated with emerging estates or accepting geographic compromises. Young upgraders seeking to expand from studio or one-bedroom ownership find the development's multi-configuration portfolio ideal for right-sizing their living space without financial overextension. Professional investors seeking rental income appreciate the combination of stable tenant demand, reasonable acquisition costs enabling modest leverage, and MRT-driven demand durability that supports predictable occupancy rates and yield consistency across economic cycles. High-net-worth individuals and downsize purchasers value the neighbourhood's amenity maturity, established services, and property quality standards, positioning Oasis @ Elias as a stable, income-generating asset within a prestigious eastern location rather than speculative or emerging property. Second-property buyers recognise the development's relatively moderate pricing framework as enabling portfolio diversification without deploying excessive capital per individual asset. Across all buyer profiles, the common denominator remains the development's ability to deliver stable, predictable value propositions grounded in location fundamentals and amenity maturity rather than promotional hype or speculative positioning.

What Total Debt Service Ratio (TDSR) and mortgage servicing headroom should typical Oasis @ Elias purchasers anticipate?

The Monetary Authority of Singapore (MAS) imposes a Total Debt Service Ratio ceiling of 60 per cent, meaning that mortgage servicing costs plus all other debt obligations cannot exceed 60 per cent of gross monthly income for qualifying borrowers. For a typical Oasis @ Elias property priced at S$500,000 financed at 80 per cent loan-to-value (S$400,000), at prevailing mortgage rates of approximately 3.5 to 4.0 per cent, monthly servicing costs approximate S$2,100 to S$2,300, requiring gross monthly income of approximately S$3,500 to S$3,850 to maintain comfortable TDSR headroom. Purchasers with existing debt obligations (car loans, credit cards, personal facilities) must include these in the TDSR calculation, potentially reducing available debt servicing capacity for mortgage purposes. The relative moderation of Oasis @ Elias pricing compared to central-location properties means that qualified purchasers typically experience greater TDSR headroom, supporting larger mortgage quantum relative to personal income, and enabling more comfortable monthly servicing obligations. Prospective buyers are strongly advised to conduct precise debt servicing calculations with their chosen financial institution prior to embarking on purchase negotiations, ensuring that mortgage obligations remain manageable within personal cash flow parameters and preserving financial flexibility for unexpected circumstances or life-stage transitions.

How does Oasis @ Elias compare to competing developments in the surrounding Pasir Ris area?

The broader Pasir Ris condominium market encompasses several established developments competing across similar price bands and target demographics; Oasis @ Elias must be evaluated relative to contemporaries in terms of unit configuration variety, amenity quality, MRT distance, and per-square-foot pricing. Developments in closer proximity to Pasir Ris MRT Station (within 0.8 to 1.0 kilometres) typically command modest pricing premiums reflecting superior transport convenience, whereas those situating beyond 1.5 kilometres may offer slight discount positioning but sacrifice daily transit convenience for some residents. Comparative analysis should consider not only headline asking prices but recent transacted values, unit size distributions, and amenity offerings; some competing developments offer superior recreational facilities or larger unit footprints justifying premium positioning, whilst others emphasise location convenience or value-oriented pricing supporting downsize or first-time purchaser segments. The maturity of Pasir Ris's competitive landscape means that pricing differentials often reflect genuine qualitative differences rather than information asymmetries; Oasis @ Elias purchasers should conduct side-by-side comparisons of unit specifications, amenity packages, and recent transactional pricing across the wider neighbourhood to validate value propositions. Engaging qualified property professionals to benchmark Oasis @ Elias relative to specific comparable developments ensures evidence-based purchase decisions grounded in market fundamentals rather than promotional messaging.

Are certain unit stacks, floor levels, or positions within Oasis @ Elias superior for value and investment returns?

Within any condominium development, unit positioning subtly influences pricing, desirability, and long-term value accumulation; mid-floor units (typically floors 5 through 18) often represent optimal value positions, commanding modest premiums above ground-floor alternatives whilst avoiding the cost spikes associated with premium penthouses or top-floor units. Ground or lower-floor units may appeal to mobility-conscious purchasers or those prioritising convenience over view considerations, potentially supporting investor targeting of tenants with accessibility requirements, though these positions typically appreciate more slowly than mid-range alternatives. Corner units and those with superior natural light or enhanced spatial perception often command 5 to 10 per cent premiums relative to interior units of identical size, reflecting genuine amenity differentiation rather than speculative positioning. For rental investment purposes, mid-range units balancing affordability, tenant appeal, and value stability often outperform premium positions dollar-for-dollar, as rental rate increases typically lag behind purchase price movements, compressing yields on expensively positioned units. East or north-facing exposures in Pasir Ris generally attract modest premiums versus south or west-facing alternatives due to reduced heat exposure, appealing to quality-conscious tenants and owner-occupiers. Prospective purchasers should evaluate unit positioning relative to their personal occupancy plans or investor target demographics; premium amenity positions may suit owner-occupiers prioritising lifestyle factors, whilst value-focused positions often deliver superior yield economics for disciplined rental investors.

What future supply pipeline and infrastructure developments in the Pasir Ris district should Oasis @ Elias purchasers monitor?

The Pasir Ris district continues to evolve, with several infrastructure initiatives potentially influencing future property demand and capital appreciation trajectories; prospective purchasers should monitor Urban Redevelopment Authority (URA) planning intentions and Ministry of Transport announcements regarding transit network enhancements. Completed infrastructure such as the Pasir Ris–Jurong Regional Line remains under development, with potential future service integration potentially enhancing connectivity to western Singapore employment nodes and supporting incremental value appreciation. Residential supply pipeline assessments indicate that fresh condominium development in Pasir Ris remains measured, suggesting limited new competing supply that might materially depress pricing or dampen rental demand, a favourable supply-demand dynamic for existing properties including Oasis @ Elias. Government initiatives to develop northern Singapore and enhance north-eastern corridors suggest sustained policy support for infrastructure and amenity provision in the broader area, supporting long-term viability and desirability of Pasir Ris locations. Prospective purchasers may access URA Master Plan documents and Transport Ministry publications to evaluate medium-term infrastructure intentions and competitive supply pipelines, informing confidence in long-term demand fundamentals. Monitoring these macro-level planning developments helps purchasers position investment horizons realistically and understand the structural growth catalysts likely supporting their Oasis @ Elias investment across 7 to 15-year holding periods.

Oasis @ Elias — From S$3,800