Ocean Front Suites

Overview

Unit Info

Sales

Rental

Surrounding

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Overview

Unit Info

Sales

Rental

Surrounding

More

Sale Price *

Average
S$ 1,547 psf
Range
S$ 1,528 - 1,577 psf

Rental Price **

Average
S$ 5.3 psf pm
Range
S$ 4.0 - 6.9 psf pm

Rental Yield **

4.1%

Rental income expressed as a percentage of the property's value.

Amenities

2.5
2.5

Convenience

3.7
3.7

Connectivity

Details

No data

*Based on URA sales data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

**Based on URA rental data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

Facilities
0 Facilities Available
Description
Ocean Front Suites is a leasehold (946 yrs from 1937) apartment completed in 2014. It is developed by REGAL REALTY PTE LTD. The development occupies a land area of 2,034 sqm and a Gross Floor Area of 2,848 sqm. It consists of 58 units. According to records, buyers of this development are Singaporean 72.0%, PR 25.3%, Foreigner 2.7%, Company 0.0%.

OCEAN FRONT SUITES is located along Jalan Loyang Besar in Pasir Ris, in District 17. It is accessible through the nearest MRTs including Pasir Ris East CR4 and Pasir Ris EW1.

Based on transaction data in the last 12 months, sale prices range from S$ 1,528 psf to S$ 1,577 psf at an average of S$ 1,547 psf. Its highest recorded transaction was S$ 1,611 psf in Oct 2013 for a 398-sqft unit. Its lowest recorded transaction was S$ 855 psf in Nov 2016 for a 807-sqft unit. Its current rental yield is at 4.1%. Other nearby amenities include: 2 Grocerie(s): RAW MARKET PTE. LTD., NTUC FAIRPRICE CO-OPERATIVE LTD, and 1 Shopping Mall: DOWNTOWN EAST - E!HUB.

Buyers and tenants are attracted to District 17, which comprises of Changi and Loyang. These areas constitute industrial parks and a small portion of residential properties. Houses here are popular among those who are working at the nearby airport or industrial estates. Changi is an estate that is located at the easternmost part of Singapore. It is the home to one of the top airports in the world, Singapore Changi Airport. Other landmarks in the area include Changi Village and Changi Prison. Loyang is mainly zoned for industrial use and is sandwiched between Pasir Ris and Changi.

With a land area of 11,000ha, the East Region is the smallest and second most densely populated of the five regions in Singapore. The region is a key aviation hub, housing the Paya Lebar Air Base and Changi Naval Base. Major airlines such as Singapore Airlines, Scoot and Jetstar also has their head offices in the area. Other major economic activity includes manufacturing, with industrial estates in Bedok, Changi, Pasir Ris, Tampines and Paya Lebar. Changi Business Park also hosts a number of MNCs such as Standard Chartered and IBM. Going forward, the government has plans to create more semi-conductor and aviation-related jobs at Tampines North, Pasir Ris and Changi. Aside from the bustling economic activity, residents benefit from a wide variety of green and play spaces in the region. Residents will also enjoy increased connectivity to other parts of Singapore with the upcoming Cross Island Line and Thomson-East Coast Line.
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What they say
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5
"The post code of block173 should be 509424"
M***** 9*****
Google Review     |   05 Dec 2021
5
"Lovely and quite location. Opp to the Pasir Ris beach. Greenery and fresh air around. Away from city hustle."
H**** V******
Google Review     |   11 Dec 2017
5
"Great apartment blocks, loving the penthouse on top which has a view of the whole Pasir Ris coast."
A******** M******
Google Review     |   16 Nov 2017
3
"A development directly beside the beach but it is a little deep from the main road and the development has an extremely small swimming pool."
Z*** Â****** Z******
Google Review     |   10 Sep 2017
5
"999 years land. 50m from the beach and sea. I guess this is one of the nearest to sea estate"
J L
Google Review     |   27 Jun 2016
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Nearby Amenities
Source: URA,  www.edgeprop.sg
All Nearby Amenities

Within 500m

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Floor Plans
173
2
1

OCEAN FRONT SUITES - 173 - 2 - 1

Size Distribution
Note: Estimated when over 70% of the unit sizes are known, may differ from actual unit size distribution.
Unit Mix

Sales Transaction of OCEAN FRONT SUITES (Limited to 10)

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Asking Price of OCEAN FRONT SUITES

Source: URA, https://www.edgeprop.sg

Listed On
Days in Market
Property Type
Bedrooms
Floor Area
Price (S$)
PSF (S$)
Agent NameAgent Mobile
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0 asking price for sale selected

Developer's Selling Prices

Note: Based on developer's monthly submission to URA

Source: URA, https://www.edgeprop.sg

Developer's Sales

Note: Based on developer's monthly submission to URA

Source: URA, https://www.edgeprop.sg

Price Trends

Volume Trends

No data
Rental Transactions of OCEAN FRONT SUITES

Lease Start
Unit Size (Sqft)
Monthly Rent (S$)
Bedrooms
Monthly Rent (Est. S$ psf)
Street
Type
Source

Rental Trends

Average Rental Yield Analysis
*Based on transactions and rents in the past 6 months.
Unit Size (sqft)
Average Monthly Rent (S$)
Rental Contracts
Average Price (S$)
Transactions
Rental Yield (%)
Historical Quarterly Rental

Price Comparison with Nearby Properties (UP to 10)

(Within 1000 meters)

Note: *Based on URA Sales data in the last 12 months. **Based on URA Rental data in the last 12 months.

Marker
Project Name
Tenure
Completion Date
Distance (m)
Min Price* (S$ psf)
AVG Price* (S$ psf)
Max Price* (S$ psf)
Min Rental** (S$ psf pm)
AVG Rental** (S$ psf pm)
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Rental Yield** (%)

Nearby Land Sales

StatusStreet NameLocationLand AttributesEstimated Breakeven
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