Pasir Ris 8 Projected Launch Price
Condo Price Guide for Interested Home Owners
With the land tender bid being awarded to the mixed development developers only on 22 March 2019, the actual pricing won’t be made available until the preview launch date. That said, for interested buyers of Pasir Ris 8, we’ve included several references to give you an indicative price guide.
The first and most crucial data is the successful tender price. With the Pasir Ris central land parcel acquired at approximately $648.48 psf ppr, we can expect the indicative selling price to be higher than this amount. A tentative pricing is usually calculated by considering the land cost, construction cost, incurred expenses and the developer’s profit margin.
Pasir Ris 8 Land Acquisition Price
| Pasir Ris 8 | Details |
|---|---|
| Location | Pasir Ris Drive 3 / Pasir Ris Drive 8 / Pasir Ris Central |
| Acquired Price | $699,999,999.99 |
| Gross Plot Ratio | 95,010 sqm |
| Per Sq Ft Per Plot Ratio | $684.48 psf |
In addition, the latest transacted prices of properties within the district 18 area will influence the starting selling price. For your reference, we’ve included the highest transacted selling price of condos in the area over the last 12 months as a guide.
District 18 Properties Average Transacted Price
| Condo Name | Transacted Price over 12 Months (PSF) | Completion Date |
|---|---|---|
| CASA AL MARE | $1,640 | Under Construction |
| COCO PALMS | $1,411 | 2018 |
| D’NEST | $1,342 | 2017 |
| NV RESIDENCES | $1,192 | 2013 |
| THE PALETTE | $1,261 | 2015 |
| RIPPLE BAY | $1,235 | 2015 |