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Thursday, April 25, 2024

Five Reasons to Buy Pasir Ris 8 Condo at Pasir Ris MRT

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Pasir Ris 8 has seen some significant changes in recent years. You can expect massive development in Pasir Ris, from the Pasir Ris URA Master Plan to the East Coast Plan.

Pasir Ris is located east of Singapore and offers many reasons to love living there.

There are very few integrated development projects in Singapore. Only 13 integrated developments are built in Singapore. In general, integrated condo developments in Singapore offer a profitable price increase. That makes the upcoming Pasir Ris 8 Integrated development the best condo choice of 2021! It is located next to Pasir Ris MRT station, which will connect with the Pasir Ris bus interchange and a 6-story retail mall with a polyclinic. There will be 487 units with 1-5 bedrooms in the residential and commercial development areas. If you choose a qualified team, there might be a chance to have a panoramic view of the beach or the sea. Following are the reasons why you should buy a Pasir Ris 8

  1. Proximity

In Pasir Ris, the Cross Island line is still under construction. The residence of Pasir Ris 8 can await a development with multiple MRT lines, providing great convenience to the rest of Singapore. Furthermore, Pasir Ris 8 is situated just beside Pasir Ris MRT station. This may make buyers wonder if Pasir Ris MRT Station is too noisy for their stay. Think again. Would the Singapore government, or LTA, design the station this way? Answer: No. The cross-island line in Pasir Ris will be directly underground, connecting the shopping malls below Pasir Ris 8. This gives the development more potential for future success!

Pasir Ris 8 is also near Changi Airport, Changi Business Park, GIANT, COURTS, and IKEA MEGASTORE. It will take you only 15 minutes to get to the airport. You could also take the train.

In addition to the potential for higher capital appreciation, there will also be a higher rental yield. The Changi Business Park, home to many tech talents, will offer high rental work over the years. This provides excellent downside stability.

North Park Residence is an example. It was built in 2018 and sits on top of Northpoint City. Both studio and 2-bedroom units are regularly rented. EdgeProp data shows North Park Residences’ average monthly rental rate is $3.6 per square foot. This is 20% more than the $2.9-$3.1 per square foot of the three other condominiums in the Yishun region, Nine Residences and The Wisteria. Symphony Suites, however, is a mixed-use development.

  1. Foreigners are eligible

Singapore is known for being a friendly country, with over 40% of its citizens being foreigners. Singapore is a country with the highest racial harmony. It is a great place to live for foreigners. But, foreigners are not allowed to purchase all property.

However, condominiums that meet the requirements of Singapore’s regulations for foreign ownership are possible. An excellent upcoming new launch is the Pasir Ris 8 integrate condominium. Foreigners can purchase a unit in this development. The 20% ABSD does not apply to the purchase of the team in the story. For more information, you may contact our developer representative: Contact Us

  1. Low cost

Most, if not all, units are very profitable from previous integrated developments in Singapore. I recently saw a detailed comparison on the AsiaOne website showing Singapore’s significant integrated growth after five years.

The article shows that integrated development costs more than customary condominium units. An average integrated development tent is 30% more expensive than a unit in the same area. This makes Pasir Ris 8 price undervalued.

For example, a condominium unit just a few minutes from Pasir Ris 8 costs around 1,200psf. Pasir Ris 8 is price at 1,600psf. We must still consider the distance between Pasir Ris MRT and Pasir Rins 8, which is significantly further than Pasir Rais 8. This shows that Pasir Ris 8 has a more significant potential for capital appreciation.

  1. There are many amenities around.

Being a mature estate, Pasir Ris 8 has all the necessary amenities. Pasir Ris 8, a mature estate, can ensure that every necessity can be found.

The first-floor houses retail with an integrated bus interchange, a polyclinic entrance, and a minded pudo. There is also a central greenway for designers. The mall’s basement offers retail shopping and an underground link to the MRT cross-island line. You will find the residential unit on the fourth floor, with a drop-off point for residents at the third story. Residents of Pasir Ris will enjoy maximum privacy.

Just across the street is Pasir Ris, a sports hub that allows residents to play with other residents in their community. Pasir Ris sports center has a variety of tuition centers for you to choose from. It is also beside a food court where famous Pasir Ris hawkers are found. You will have endless options for food. These amenities are an asset to the area as they allow residents to save time and have more fun.

You can also find famous schools in the area, like Pasir Ris Primary, Hai Sing Catholic Secondary, and Tampines Meridian Junior College. These schools offer a better environment for families with children searching for schools in the area.

  1. Beach and Sea

The estate has a national park and relaxation facilities, which is one of the best features in this area. Pasir Ris has one of the most beautiful parks in Singapore. Pasir Ris has all the amenities you need for a fun day with your family. There is also plenty of open space where locals can enjoy various outdoor activities.

It is a fascinating and varied area for residents, which makes it a great place to live. Pasir Ris is a green and beautiful housing estate in Singapore. Just a short walk of 8 minutes from Pasir Ris 8 condo, the Pasir Ris beach park is around the corner, presenting a charming and fantastic place for families that wants to have fun outdoors. Many activities are available, including water sports, sketching, sailing, soccer, kite flying, and even kite flying. Here, you can have a barbecue with your friends or family.

It is also home to a 6-hectare mangrove forest. Visitors can be captivate by the forest’s beauty and get close to its inhabitants in various ways. Bird watchers will also appreciate the ability to scratch the birds. Its beach or sea view is a great place to relax. You can find fishing enthusiasts around Pasir Ris Park, where you have great fishing opportunities.

Paranormal views of the beach and sea can be obtaine by buyers who choose Pasir Ris 8. This will, however, require a unique selection of units.

Critical Attributes for Pasir Ris Condo 8

A short recap of critical attributes that appeal to investors and homeowners intending to invest in Pasir Ris 8.

  1. It is eligible for foreign purchases as it is a condominium situation
  2.  Residents will appreciate the convenience of integrated development
  3.  Nearby are amenities such as shopping malls, polyclinics, P Parks, Beaches, and Seaside.
  4.  Strategically located above Improved Integrated Transport hub
  5.  Potentiality for capital appreciation

Conclusion

We love the proximity to many amenities and its low cost. With such good qualities all in one in development and a price yet to be fully appreciate this makes Pasir Ris 8 an excellent investment for stay and capital appreciation. It is also an excellent investment because of the potential rental yield and proximity to a business district. Thanks to the relaxed lifestyle Pasir Ris offers, you will feel like you live in paradise when you return home. This will allow you to relax after a hard day at work.

Lastly, if you are intereste in purchasing a unit or viewing one of our units, please get in touch with our developer sales representative.

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