CASA PASIR RIS Review

Condo Review 5 min read Last reviewed
District 17 · 946 yrs lease commencing from 1938 · Completed 1997
~$1,162Avg PSF (12-month)
58Total units
Category Ratings
Walkability
1.7
Investment
4.3
En-Bloc Potential
6.9
ShiokNest Score
4.5

Overview & Key Facts

CASA PASIR RIS is a 946 yrs lease commencing from 1938 condominium at JALAN LOYANG BESAR in District 17 (OCR), developed by TAT LEE BANK LAND LIMITED, comprising 58 units, completed in 1997.

Developer
TAT LEE BANK LAND LIMITED
Tenure
946 yrs lease commencing from 1938
Total units
58
TOP year
1997
District
17 — OCR
Street
JALAN LOYANG BESAR
Lease remaining
~11 years (of 99)

Location & Connectivity

CASA PASIR RIS is located in District 17. Check the dashboard for full transport connectivity data.


Schools & Education

9 schools within 2 km.

Schools near CASA PASIR RIS
SchoolTypeDistance
Pasir Ris Crest Secondary SchoolSecondary1.5 km
Meridian Primary SchoolPrimary1.5 km
Stamford American International SchoolInternational1.5 km
Pasir Ris Primary SchoolPrimary1.6 km
Meridian Secondary SchoolSecondary1.6 km
Elias Park Primary SchoolPrimary1.6 km
Brighton College (Singapore)International1.7 km
Pasir Ris Secondary SchoolSecondary1.7 km

Unit Mix & Pricing

Unit mix for CASA PASIR RIS
TypeSalesAvg PSFAvg Price
1 BR1$1,253 psf$715,000
3 BR11$1,021 psf$1,214,608
4 BR4$1,059 psf$1,488,250
5+ BR2$792 psf$1,867,500

Market Position

CASA PASIR RIS has recorded 18 sales at an average price of $1,320,205.

CASA PASIR RIS sits at the 20th percentile of District 17 condo PSF.
$1,162 psf
Avg PSF (12mo)
$1,320,205
Avg Price
3.0%
Gross Yield
18
Total Sales

Rental Yield by Bedroom Type

Blended yield hides the spread between unit sizes — smaller units at CASA PASIR RIS typically rent harder per dollar of purchase price:

Per-bedroom gross yield at CASA PASIR RIS
TypeAvg RentAvg PriceGross Yield
1 BR$2,125/mo$715,0003.57%
3 BR$3,398/mo$1,214,6083.36%

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Price Appreciation

PSF trend for CASA PASIR RIS
YearSalesAvg PSFYoY
20213$922 psf
20224$920 psf↓ 0.3%
20238$1,046 psf↑ 13.7%
20241$1,167 psf↑ 11.7%
20252$1,162 psf↓ 0.4%

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CASA PASIR RIS prices are holding within 0.4% of the 2024 peak, 26.0% above the 2021 starting level.

Price Index Check

The ShiokNest Price Index for District 17 reads 148.0 as of June 2026. The index tracks repeat-sales price movement, so it is less distorted by shifts in what happens to be transacting than a raw average PSF.

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Neighbourhood Comparison

District 17 competitors
CondoTenureAvg PSFSales
COASTAL CABANA99 years leasehold$1,793 psf619
THE JOVELL99 yrs lease commencing from 2018$1,395 psf271
KASSIAFreehold$2,032 psf228
HEDGES PARK CONDOMINIUM99 yrs lease commencing from 2010$1,154 psf196
PARC KOMOFreehold$1,628 psf179

Lease Analysis

With 11 years remaining on its 99-year lease, significant financing restrictions apply.

What Could Work Against You

  • Only 0 transactions were recorded in the past 12 months, so the price figures here rest on a thin sample — a single outlier deal can move the averages.
  • At 58 units, this is a boutique development — fewer comparable sales to anchor valuations, and maintenance costs spread across a smaller fee base.

Who This Actually Suits

Buyers most likely to be happy here: families with young children, car-owning households, yield-focused investors and long-term hold (10+ yr). Family-suitable layout and OCR (Outside Central Region) location with established school catchments nearby.

One caution flagged here: avoid if mrt-dependent — MRT access is meaningfully constrained — transit-dependent buyers should consider better-connected alternatives.


Verdict

CASA PASIR RIS is a 946 yrs lease commencing from 1938 development in District 17 (OCR), with 58 units, offering a gross yield of 3.0%.

At ~$1,162 psf, it represents a competitive entry point in the OCR segment.

Explore the full CASA PASIR RIS dashboard for interactive analytics.

HDB Alternatives Nearby

Weighing CASA PASIR RIS against staying public? These HDB towns sit within walking or short-drive distance:

  • Pasir Ris — 4-room average $655,465 (560m away), an upgrader gap of about $650,000
  • Tampines — 4-room average $683,199 (1.9 km away), an upgrader gap of about $650,000

FAQ

What is the average PSF for CASA PASIR RIS?
The 12-month average is approximately $1,162 psf.
Is CASA PASIR RIS freehold?
CASA PASIR RIS has a 946 yrs lease commencing from 1938 tenure with ~11 years remaining.
What is the rental yield for CASA PASIR RIS?
The estimated gross yield is 3.0%.

Sources & Next Steps

Methodology & Sources

This analysis covers All available years and refreshes as new data becomes available.

Transaction data sourced from URA REALIS.

  • Sales data: 18 transactions
  • Rental data: 45 leases
  • Source: URA REALIS

Median values used to minimise outlier impact. PSF = price per square foot.

Data as of March 2025

Latest recorded data point: Mar 2025 · 18 records analysed · Source: URA private-sale caveats

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