Type

Units

Min Area

Price Range

4+ BR

3067 sqft

S$2.8XM – S$2.9XM

Property Highlights

Spacious 6-bedroom, 4-bathroom terraced house offering 3,200 sqft of living space in established Pasir Ris enclave
Located just 18 minutes from Pasir Ris MRT Station, providing excellent transport connectivity across the island
Land plot of 1,614 sqft presents potential for future extension or renovation opportunities
Premium-positioned property suited for growing families, expatriate executives, or savvy investors seeking long-term appreciation
Strategic east-coast location combines suburban tranquility with proximity to amenities, schools, and business districts

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Ref: 500161534

The Riverina: A Substantial Terraced Family Residence in Pasir Ris

The Riverina presents a compelling offering for discerning buyers seeking substantial residential space in one of Singapore's most established neighbourhoods. This six-bedroom, four-bathroom terraced house commands a price tag of S$2,800,000 and spans an impressive 3,200 square feet of built-up area across a 1,614 square foot land parcel. The property's generous proportions make it an exceptional choice for families requiring multiple living zones, home offices, and guest accommodation.

Location and Connectivity

Situated on Riverina View, this residence enjoys a strategically advantageous position within the Pasir Ris precinct. The property lies approximately 1.53 kilometres from Pasir Ris MRT Station, translating to roughly 18 minutes of travel time by foot or a brief vehicle journey. This proximity ensures that residents benefit from seamless connectivity to Singapore's comprehensive mass rapid transit network, facilitating easy commutes to the business districts of Marina Bay, Changi Business Park, and beyond. The MRT access also enhances convenience for daily errands, leisure activities, and family outings across the island.

Property Composition and Layout

Across its three storeys, The Riverina distributes its 3,200 square feet thoughtfully to create multiple functional zones. The six bedrooms provide flexibility for modern family living, whether accommodating multiple children, establishing a dedicated home office, or welcoming extended family members. Four full bathrooms ensure sufficient amenities for a household of this scale, eliminating morning bottlenecks and providing privacy across different floor levels. The substantial floor area permits the inclusion of distinct living and dining spaces, likely a study or library, and generous circulation areas that many contemporary apartments struggle to replicate.

Land Footprint and Enhancement Potential

The 1,614 square foot land plot underlying this terraced house represents genuine value. Buyers purchasing The Riverina acquire not only an immediately habitable residence but also a tangible asset with potential for future value creation. The land footprint permits contemplation of extensions, additional upper-level development, or comprehensive renovation strategies that could substantially enhance the property's utility and market appeal. This flexibility appeals particularly to renovation-minded purchasers who view property acquisition as an opportunity to create a bespoke family sanctuary reflecting personal architectural vision.

Pasir Ris: An Established Residential Haven

The Pasir Ris neighbourhood has evolved into one of Singapore's most sought-after east-coast enclaves, characterised by mature tree-lined streets, established community infrastructure, and strong social cohesion. The district balances suburban serenity with convenient access to essential services including schools, shopping facilities, and recreational amenities. Pasir Ris Park provides excellent outdoor recreation opportunities, whilst the Pasir Ris Coast offers scenic vistas and waterfront attractions. This combination of established neighbourhood credentials, natural amenities, and demographic maturity creates a compelling living environment for families prioritising stability and community over trendy newness.

Market Position and Buyer Suitability

At S$2,800,000, The Riverina positions itself within Singapore's established upper-middle residential market segment. This price point targets successful families experiencing the transition from apartment living toward landed property ownership, executives seeking spacious suburban bases whilst maintaining city access, and investors recognising the stable appreciation potential within established neighbourhoods. High-net-worth individuals consolidating multiple properties may find the scale and location particularly attractive, whilst property investors appreciate the strong rental demand that flows naturally from the area's proximity to employment centres and family-friendly amenities. First-time upgraders stepping from smaller terrace homes or apartments into this category of residence will appreciate the substantial space premium offered.

Investment and Capital Appreciation Considerations

Terraced houses in Pasir Ris have demonstrated resilience and steady capital appreciation throughout multiple market cycles. The neighbourhood's established status, constrained new supply pipeline, and consistent demand from family buyers provide fundamental support for long-term value retention. The property's six-bedroom configuration addresses a structural undersupply of large family homes in Singapore's private residential market, where space premiums command sustained buyer interest. Investors purchasing The Riverina benefit from both stable owner-occupancy demand and rental market opportunities, as the spaciousness and location appeal to executive families and expatriate households seeking high-quality private housing.

Renovation and Customisation Prospects

Many purchasers view properties of this vintage and scale as opportunities for comprehensive modernisation. The land area permits additions or structural enhancements that condominium ownership precludes entirely. Contemporary buyers increasingly seek integrated home office spaces, upgraded kitchen and bathroom facilities, smart home infrastructure, and improved natural lighting—all modifications achievable through thoughtful renovation of a terraced house foundation. The Riverina's existing spatial framework provides an excellent platform for creating a residence that seamlessly merges classic neighbourhood charm with modern family living expectations.

Neighbouring Amenities and Services

Pasir Ris residents enjoy proximity to established educational institutions, shopping venues, and hospitality options. The neighbourhood supports multiple childcare centres, primary and secondary schools, and tutorial facilities, making it particularly attractive for families with school-age children. Local shopping precincts provide convenient access to groceries, dining options, and essential services without requiring extended travel times. The waterfront precinct adds recreational dimension, offering jogging trails, cycling paths, and waterfront dining experiences that enhance lifestyle quality considerably.

Transportation and Connectivity Beyond MRT

Beyond the MRT connection, The Riverina benefits from established road networks serving the Pasir Ris district. The Pan-Island Expressway provides rapid access toward Changi Airport, making international travel convenient for global-minded families. East Coast Parkway facilitates easy journeys toward Singapore's central and western precincts. This multi-modal transport accessibility ensures that residents maintain options for various commuting preferences, from public transit convenience to vehicle-based flexibility.

Final Considerations

The Riverina represents a substantial residential offering suited to buyers prioritising space, location stability, and neighbourhood credentials. The combination of six bedrooms, four bathrooms, and generous land area within an established, mature precinct creates a compelling proposition for families and investors alike. At S$2,800,000, the property offers meaningful value within the established terraced house segment, particularly for buyers willing to invest in modernisation and customisation to align the residence with contemporary living standards.

Frequently Asked Questions

What rental yield might investors expect from purchasing The Riverina as an investment property?

The Riverina's six-bedroom configuration positions it within the premium family rental market, where monthly rents for properties of this scale and location typically range between S$6,500 and S$8,500 depending on condition and presentation. At S$2,800,000 acquisition cost, this translates to an estimated gross rental yield of approximately 2.8 to 3.6 per cent annually—respectable for Singapore's established landed residential segment. However, investors must account for property tax, maintenance, insurance, and potential void periods when calculating true net yields. The property's proximity to Pasir Ris MRT and family-friendly neighbourhood appeal supports sustained rental demand from expatriate executives and local upgraders, providing reasonable confidence in occupancy stability across market cycles.

How does The Riverina's price compare to recent price-per-square-foot transactions in Pasir Ris?

At S$2,800,000 for 3,200 square feet of built-up area, The Riverina reflects approximately S$875 per square foot—a premium positioning justified by its six-bedroom scale, established location, and land area of 1,614 square feet. Recent comparable transactions in Pasir Ris for four-bedroom terraced houses have traded in the S$1,800,000 to S$2,200,000 range, suggesting price-per-square-foot premiums of S$675 to S$825 for smaller configurations. The additional bedroom count and overall space provision at The Riverina command incremental per-square-foot pricing that reflects genuine functionality premium rather than speculative valuation. Buyers should note that the cost-per-square-foot metric becomes less instructive for larger terraced houses, where absolute space and bedroom count drive valuation more significantly than per-unit-area metrics.

What Additional Buyer's Stamp Duty implications apply to The Riverina for second-property purchasers?

Second-property buyers acquiring The Riverina at S$2,800,000 face ABSD obligations at the rate of 15 per cent on the property value, equating to S$420,000 in additional duty beyond standard stamp duty calculations. This represents a material acquisition cost that significantly impacts total cash outlay and financing considerations for investors or upgraders purchasing subsequent properties. The ABSD framework makes second-property acquisition strategically important—many buyers restructure ownership through corporate entities or timing strategies to optimise duty impacts, though such approaches require professional tax and legal consultation. For upgraders retaining previous properties whilst purchasing The Riverina, the ABSD liability effectively reduces capital available for down payments and may impact total financing headroom calculations.

What lease decay and long-term resale value considerations apply to The Riverina if held on leasehold basis?

Terraced houses on substantial freehold plots represent the optimal ownership structure, as perpetual land tenure eliminates lease-decay risk entirely. If The Riverina operates under leasehold tenure—an increasingly rare arrangement for landed properties in established precincts like Pasir Ris—buyers should confirm remaining lease duration; properties with less than 70 years remaining face increasingly material valuation headwinds as the expiration date approaches. Most institutional lenders impose minimum lease-length requirements of 60-70 years at loan origination, meaning leasehold properties with deteriorating lease terms become progressively harder to finance. Clarification of tenure status—whether freehold or leasehold with duration—represents an essential due-diligence step before serious purchase consideration. Freehold terraced houses naturally command premium positioning in the secondary market, whereas leasehold properties deteriorate in relative value as remaining lease duration diminishes.

How does proximity to Pasir Ris MRT Station influence demand and capital appreciation for The Riverina?

The 1.53-kilometre separation between The Riverina and Pasir Ris MRT Station creates a 'sweet spot' for residential demand—close enough to provide meaningful connectivity advantage, yet distant enough to avoid proximity noise, vibration, and intensive foot traffic that deters some quality-conscious buyers. Properties within walking distance of MRT stations demonstrate consistently stronger appreciation trajectories than comparable homes lacking transit access, reflecting Singapore's established urban planning principles that prioritise transit-oriented development. The MRT connectivity ensures sustained demand from commuting professionals, expatriate families, and multi-property investors seeking rental income from transit-accessible locations. Over extended holding periods, properties positioned within 2 kilometres of functioning MRT stations typically outperform non-connected alternatives by 30-50 per cent in absolute appreciation, reflecting growing scarcity as Singapore intensifies residential densification around transit nodes.

Which buyer profiles find The Riverina most suitable, and why do different segments value this property differently?

High-net-worth families seeking established neighbourhood credentials and space find The Riverina exceptionally suitable—the six-bedroom configuration accommodates multi-generational living, domestic helpers, and flexible space utilisation that affluent buyers increasingly prioritise. Upgraders transitioning from apartments or smaller terraced properties appreciate the substantial spatial increase and community stability that Pasir Ris provides, particularly those with school-age children seeking neighbourhood maturity and established educational infrastructure. Expatriate executives value the property's proximity to Changi Airport, business district connectivity via MRT, and family-friendly amenities that facilitate international household integration. Property investors recognise both owner-occupancy demand and sustained rental appeal from families and expatriates seeking premium housing stock. First-time landed property purchasers may find the S$2,800,000 price point challenging but appreciate the move toward substantial space provision that distinguishes landed ownership from apartment living. Each segment extracts different value propositions—lifestyle buyers emphasise neighbourhood quality and space, investors prioritise rental yield and appreciation trajectory, whilst upgraders focus on spatial transformation relative to previous residential experiences.

What Total Debt Service Ratio implications and financing headroom apply at The Riverina's S$2.8M price point?

At S$2,800,000, The Riverina generates financing complexity that requires careful assessment of personal debt obligations, income stability, and interest-rate assumptions. Assuming 70 per cent loan-to-value financing and current mortgage rates near 3.5 per cent, monthly housing loan payments approximate S$9,200 at 25-year tenure, creating approximately S$110,400 annual debt service for housing alone. The Monetary Authority of Singapore's TDSR framework limits total monthly debt obligations to 60 per cent of gross monthly income, meaning buyers should evidence monthly income exceeding S$15,333 to comfortably accommodate The Riverina mortgage alongside other obligations. Second-property purchasers face additional ABSD drag that reduces available down-payment capital and constrains overall financing capacity. Buyers with existing mortgages, car loans, or personal credit obligations must factor cumulative debt service against TDSR limits before committing to acquisition. Professional mortgage pre-qualification through established financial institutions provides essential certainty regarding actual financing headroom available at individual buyer circumstances.

What nearby competing developments or comparable terraced houses provide meaningful competitive context for The Riverina?

Pasir Ris's established terraced housing stock includes properties clustered around Pasir Ris Drive, Pasir Ris Green, and adjacent precinct streets, with comparable six-bedroom or four-plus-bedroom terraced houses typically trading in the S$2,500,000 to S$3,100,000 range depending on specific location, condition, and land area. The Riverina positions competitively within this spectrum, offering spatial credentials that justify premium positioning relative to four-bedroom alternatives whilst remaining accessible compared to exceptional trophy properties commanding S$3.5M+ valuations. The absence of large-scale new landed property developments in Pasir Ris—reflecting planning restrictions on new landed housing stock—means The Riverina competes primarily against secondary market terraced houses aged 20-35 years. This competitive landscape favours properties requiring modest modernisation over those demanding comprehensive redevelopment, as buyers increasingly factor renovation costs into acquisition decision-making. Buyers should directly inspect three to five competing terraced properties in comparable locations to establish contextual understanding of relative value positioning.

Do specific unit stacks, floor levels, or positional characteristics optimise The Riverina's value proposition?

Terraced house value traditionally concentrates on ground-floor utility—kitchens, living, and dining areas command premium positioning on the entry level where natural light maximises and family gathering naturally gravitates. Upper floor bedrooms benefit from morning light orientation when possible, though east-facing bedrooms can experience excessive heat gain during afternoon hours depending on window size and shading provisions. Properties with internal courtyards, side passages, or garden access improve functional utility significantly, as these elements facilitate natural ventilation, outdoor entertaining, and potential future extensions that constrain properties with minimal land buffer. The Riverina's specific internal circulation, staircase positioning, and natural light distribution remain impossible to assess without personal inspection—buyers should prioritise viewing and photographing different floor levels to evaluate light quality, ventilation patterns, and space flow. Properties with separate service access for domestic helpers, internal laundry facilities, or study spaces positioned for noise isolation create premium functionality that justifies slight price premiums relative to strictly conventional floor plans.

What future residential supply pipeline or infrastructure development may influence The Riverina's long-term appreciation trajectory?

Pasir Ris benefits from established infrastructure maturity—the MRT connection has operated for decades, surrounding amenities have reached stability, and the neighbourhood's planning status constrains large-scale new residential development that could fragment established community character or oversupply the local market. The Urban Redevelopment Authority's planning constraints on new landed housing in mature estates like Pasir Ris create structural scarcity that traditionally supports long-term appreciation. However, Singapore's broader housing policy increasingly emphasises intensification around transit nodes, meaning future government development could introduce mid-rise housing or mixed-use precincts that alter neighbourhood character and potentially increase residential density. The Pasir Ris waterfront precinct continues minor enhancement—improved parks, dining facilities, and cultural programming enhance neighbourhood appeal without dramatically altering existing landed housing dynamics. Prospective purchasers should review URA's detailed planning documentation and long-term development strategy for Pasir Ris to assess infrastructure change probability. The absence of announced major developments provides confidence in relative stability, though Singapore's dynamic policy environment means genuinely long-term property investment always carries embedded uncertainty regarding future planning interventions.

The Riverina | 6-Bed Terraced House, $2.8M, Pasir Ris