Are you looking condo for sale in pasir ris Singapore? Or maybe you want to sell your condo for purchase. Or maybe you are looking for a condominium affordable or affordable to buy or affordable to rent. You need to know what is the best and cheapest condo for sale in Pasir ris.
We have compiled the best and cheapest condos for sale in pasir ris area & compare them with other condos in Pasir ris area.
So, if you are looking for a cheap or affordable condo for sale in Pasir ris, we have listed all the best and cheapest condos for sale in Pasir ris area.
Is it really a condominium in Pasir ris? How can I buy a proper condominium? What are the criteria of buying a condominium? What is the rate of sales of condominium units? How much will it cost me to buy a condo unit? Let’s learn more about it!
Condo for sale in pasir ris
“How many condo units for sale in Pasir Ris?”
The answer is: not many. The Pasir Ris area is a pretty small and relatively affluent residential area of Singapore, so there are certainly plenty of condo units for sale. But Singapore has a rather high vacancy rate (around 4%, which is the highest in the world) and this means that there are not many new buyers (or sellers) looking to buy or sell a condo. This also means that the number of condos for sale in Pasir Ris is quite small — almost all are located in the hawker precinct (which is where most of them are actually located), or they are scattered around other affluent residential areas like Balestier, Jurong or even the Central Business District itself.
Much has been written about Singaporeans’ obsession with having a house — it’s almost as if we have adopted it as our national religion. And while I don’t think this is entirely justified, I do think that people do have an intense desire to own something permanent and secure. So, if you want to be able to live in one place with your family forever (and not just here now and then), you need to build up equity over time. Fortunately, this objective can be met by buying a condominium.
So, what are condos for sale? They can be anything from a studio apartment alone to whole apartment blocks; from one-room office units to whole office blocks; from single rooms on one floor together with their own kitchenette / washrooms / toilets / shower room down to entire two-floor blocks of flats including kitchenette / washrooms / toiletries / shower room with balcony over there somewhere; and those buildings usually have their own parking spaces too (if they don’t already).
Most unit types available in Singapore tend to be either one-bedroom or two-bedroom apartments: studio apartments tend to range from 500 sq ft up to 2000 sq ft; two-bedroom apartments range from 1000 sq ft up to 3000 sq ft; three-bedroom apartments range from 2500 sq ft up to 3000 sq ft (although smaller ones tend not be highly desirable given its height requirement); four-bedroom apartments often go for larger than three levels; five bedroom units seem very rare but probably do exist; but even still, it seems like more than half of all existing condominiums offer some form of additional bedroom space — common areas such as “kit
🔔 Upcoming New Launch Condos For 2023
Register your interest for the floor plans, showflat & enjoy early developer discount price. Don’t miss out on gov-subsidised EC rates, and grants up to $30k.
270 Units | 2-5 Bedrooms | Freehold | Yew Siang Road
Showflat: Q1 2023
Blossoms By The Park
275 Units | 2-4 Bedrooms | 99-year | Hillview MRT
Showflat: Feb 2023
246 Units | 1-4 Bedrooms | Freehold | Anson Road
Showflat: Q2 2022
595 Units | 1-4 Bedrooms | 99-year | Lentor Central
Showflat: Q1 2023
845 Units | 1-4 Bedrooms | 99-year | Upper Bukit Timah
Showflat: Q1 2023
Condo cost in pasir ris and how is compare to other condo
This question came up recently in a quick discussion with a couple of colleagues, who had taken a look at the condo building we were looking at. They were interested in how much each unit cost and how that was compared to other condominiums in the area. They were also curious about what type of amenities (parking, laundry facilities, etc.) there were and so forth. The two groups had different assumptions as to how much they might be willing to pay for their condominiums — some people are likely going to want 5 bedrooms and more bathrooms, others probably want one bedroom and fewer bathrooms.
The first group was looking for the most competitive value proposition available (i.e., the best deal) and so they assumed that those who paid more would get a better deal overall — or at least have better access to an investment that’s in their best interest. The second group was thinking of themselves as buyers who wanted to get a good value on their money — they didn’t care whether they got previously priced expensive condos or cheaper ones; just that they got something worthwhile for their money.
The above is just one example of which type of thinking is acceptable: depending on your product/market fit, you will find yourself doing things differently from one another — but this is not an either/or proposition: you can choose to focus on one end or the other if you want!
Conclusion: Condo For Sale In Pasir Ris Singapore
I have been researching the area and found a few condominiums that might be of interest to you.
The first is at Pasir Ris, a large development by Macquarie Land, with over 100 units currently under construction. This development is located on the corner of Pasir Ris Road and Yishun Road, which is one of the busiest thoroughfares in Singapore. The unit prices range from $1.2-2 million RMB per floor (the average price is $2 million) and there are approximately 30 units available in this project.
The second condominium project is also located at Pasir Ris Road and Yishun Road. Unit prices range from $600,000 to $750,000 per floor (average price is around $800,000) and several units are available in this project.
I have found these two condominium projects to be very similar in terms of amenities offered for each floor on the property (similarly priced) but differ somewhat on rental rates compared to other condo projects nearby:
The third condominium project I have found to be similar in terms of amenities offered for each floor on the property but differs somewhat on rental rates compared to other condo projects nearby:
There are also some interesting options at Pasir Ris Avenue 3 where units range from $1.5-3 million per floor (average price around $1.8 million). Units are mainly located up top floors though many lower floors are available too (I would estimate that this area has a few hundred lower level apartments).
The population density here seems quite high as well so it would not surprise me if there were more than 1k residents per apartment here in comparison to other areas nearby such as Orchard/Riverside/Bedok/Dillons or even near Downtown/North Point/Queenstown MRT station:
This could be a nice place if you want to live within walking distance from the CBD or shopping malls but don’t mind living on top of the busy road that connects you with the rest of Singapore (and maybe even Malaysia / China!). I think it falls into the “luxury condo” category but if you want somewhere out there where no one will disturb you after dark then this could be an option for you! You’ll definitely need a car though!
Here is list condo for sale at Pasir Ris