PASIR RIS BEACH PARK Review

Condo Review 5 min read Last reviewed
District 18 · 999 yrs lease commencing from 1874 · Completed 2023
~$1,177Avg PSF (12-month)
Total units
Category Ratings
Walkability
6.0
Investment
5.1
En-Bloc Potential
1.7
ShiokNest Score
3.9

Overview & Key Facts

PASIR RIS BEACH PARK is a 999 yrs lease commencing from 1874 condominium at ELIAS ROAD in District 18 (OCR), developed by , completed in 2023.

Developer
Tenure
999 yrs lease commencing from 1874
Total units
TOP year
2023
District
18 — OCR
Street
ELIAS ROAD
Lease remaining
~96 years (of 99)

Location & Connectivity

PASIR RIS BEACH PARK is approximately 900m from Pasir Ris MRT station.

MRT stations near PASIR RIS BEACH PARK
StationLineDistance
Pasir RisEast-West Line900m

Schools & Education

9 schools within 2 km (3 within 1 km priority zone).

Schools near PASIR RIS BEACH PARK
SchoolTypeDistance
Pasir Ris Primary SchoolPrimary880m
White Sands Primary SchoolPrimary980m
Pasir Ris Secondary SchoolSecondary1 km
Pasir Ris Crest Secondary SchoolSecondary1.2 km
Brighton College (Singapore)International1.3 km
Elias Park Primary SchoolPrimary1.3 km
Stamford American International SchoolInternational1.4 km
Meridian Secondary SchoolSecondary1.5 km

Market Position

PASIR RIS BEACH PARK has recorded 47 sales at an average price of $3,918,931.

PASIR RIS BEACH PARK sits at the 28th percentile of District 18 condo PSF.
$1,177 psf
Avg PSF (12mo)
$3,918,931
Avg Price
2.3%
Gross Yield
47
Total Sales

Price Appreciation

PSF trend for PASIR RIS BEACH PARK
YearSalesAvg PSFYoY
202120$888 psf
20227$1,045 psf↑ 17.6%
20234$1,370 psf↑ 31.1%
20248$1,219 psf↓ 11.0%
20254$1,327 psf↑ 8.9%
20264$1,027 psf↓ 22.6%

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From the 2023 high, PASIR RIS BEACH PARK prices have given back 25.0% — still 15.6% above the 2021 baseline.

Price Index Check

The ShiokNest Price Index for District 18 reads 132.1 as of June 2026 — down 4.1% year-on-year. 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 18 competitors
CondoTenureAvg PSFSales
TREASURE AT TAMPINES99-year leasehold$1,592 psf1198
PARKTOWN RESIDENCE99 yrs lease commencing from 2023$2,367 psf1165
AURELLE OF TAMPINES99 yrs lease commencing from 2024$1,769 psf758
TENET99 yrs lease commencing from 2021$1,386 psf618
RIVELLE TAMPINES99 years leasehold$1,933 psf558

Lease Analysis

With 96 years remaining on its 99-year lease, PASIR RIS BEACH PARK still qualifies for full bank financing and CPF usage.

What Could Work Against You

  • With just 5 sales in the trailing year, pricing signals are indicative rather than definitive; expect wider bid-ask spreads when you negotiate.

Who This Actually Suits

The profile fits car-owning households, sports / active lifestyle, sea-view / waterfront and long-term hold (10+ yr) best. At ~898m from the nearest MRT, this property suits households with a car who value arterial road access over transit proximity.

For yield-focused investors, it can work — but weigh the trade-offs before committing.

It is a weaker fit for cbd walking distance, foreign / absd-aware buyers and cpf-only buyers — other options likely serve them better. Walking distance to the Marina Bay financial cluster lets you skip transit entirely.


Verdict

PASIR RIS BEACH PARK is a 999 yrs lease commencing from 1874 development in District 18 (OCR), offering a gross yield of 2.3%.

At ~$1,177 psf, it represents a competitive entry point in the OCR segment.

Explore the full PASIR RIS BEACH PARK dashboard for interactive analytics.

HDB Alternatives Nearby

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

  • Pasir Ris — 4-room average $655,465 (310m away), an upgrader gap of about $3,250,000
  • Tampines — 4-room average $683,199 (1.6 km away), an upgrader gap of about $3,250,000

FAQ

What is the average PSF for PASIR RIS BEACH PARK?
The 12-month average is approximately $1,177 psf.
Is PASIR RIS BEACH PARK freehold?
PASIR RIS BEACH PARK has a 999 yrs lease commencing from 1874 tenure with ~96 years remaining.
What is the rental yield for PASIR RIS BEACH PARK?
The estimated gross yield is 2.3%.
Which MRT is nearest to PASIR RIS BEACH PARK?
The nearest is Pasir Ris MRT at 900m.

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: 47 transactions
  • Rental data: 65 leases
  • Source: URA REALIS

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

Data as of June 2026

Latest recorded data point: Jun 2026 · 47 records analysed · Source: URA private-sale caveats

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