After waiting for 12 years, the Pasir Ris area finally welcomes a new executive condominium (EC) project, Coastal Cabana, which is expected to be completed in 2029. The project is adjacent to Pasir Ris Park and the beach, and the developers are fully leveraging this geographical advantage to create a seaside residential area filled with a resort-like atmosphere.
Coastal Cabana is jointly developed by Qingjian Realty, Forsea Holdings, ZACD, and Jianan Capital, offering units ranging from 872 square feet for three-bedroom units to 1,421 square feet for five-bedroom units, with a minimum price per square foot of SGD 1,639.
The last EC launched in the Pasir Ris area was Sea Horizon in 2013, and there has been a long-standing demand in the area. The developers believe that, given the uncertain supply outlook for EC projects in Pasir Ris in the coming years, Coastal Cabana is expected to fill the market gap and meet the needs of potential buyers in the area.
Coastal Cabana is located near Downtown East, allowing convenient access to leisure and recreational facilities along the coast, as well as a full range of dining, shopping, and other lifestyle amenities. However, the project is about 1.5 kilometers from Pasir Ris MRT station, requiring approximately a 17-minute walk.
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Despite being a distance from the MRT station, this area is densely populated with private residences, including ECs like Sea Horizon, which had an application rate exceeding three times when it was launched in 2013, making it the EC with the most applications that year.
Sea Horizon was developed by Hao Yuan Investment and completed in 2017, offering a total of 495 units. Since February of this year, the project has seen an average of three transactions per month, and in November, the trading frequency increased, with five units changing hands.
<h4>Further Reading</h4>
Yishun EC site’s inconvenient transportation may affect bidding enthusiasm

 The average resale price per square foot in the EC market has increased by over 6% this year, with transaction volume exceeding 200 million increasing by more than 80%



One high-floor unit of 1,335 square feet changed hands for SGD 1.78 million, achieving a price per square foot of SGD 1,334, the highest in November. Another low-floor unit of a similar size, measuring 1,356 square feet, sold for SGD 1.68 million, with a price per square foot of approximately SGD 1,239. The highest resale price per square foot for Sea Horizon reached SGD 1,467 last December, with a mid-floor unit of 1,615 square feet transacting at SGD 2.37 million.
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<h3>Watercolours has never reached a price per square foot of SGD 1,400</h3>
Near Sea Horizon, there is another EC project called Watercolours. This project was completed in 2016 and consists of 416 units, developed by HUGE Development. Although it is also an EC, Watercolours has never reached a price per square foot of SGD 1,400, with the highest record being a mid-floor unit of 947 square feet that sold for SGD 1.298 million in August this year, achieving a price per square foot of SGD 1,370.
The latest transaction for Watercolours was completed in December, where a unit of approximately 1,238 square feet changed hands for SGD 1.585 million, with a price per square foot of SGD 1,280. A unit of 1,098 square feet sold in October for SGD 1.45 million, with a price per square foot close to the historical high, reaching SGD 1,321.
The private residential project Sea Esta, completed in the same year as Watercolours, was developed by Hoi Hup Sunway. This private residential project, with a 99-year leasehold, consists of 376 units. In November, two transactions were completed, one being a unit of 646 square feet that sold for SGD 890,000, achieving a price per square foot of SGD 1,378. The other was a unit of 1,119 square feet that resold at a price per square foot of SGD 1,608, with a total price of SGD 1.8 million.
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The 99-year leasehold private residential project Seastrand, completed in 2014, consists of 472 units. Due to its distance from the subway station, the apartment provides residents with a shuttle bus service for convenient travel. (Photo by Xie Zhiyang)
Seastrand, developed by Precious Sand and completed in 2014, consists of 472 units. In December, there were also two transactions for this project, one of which was a unit with an area of 1,216 square feet that sold for HKD 1.68 million, with a price per square foot of HKD 1,381; the other was a unit with an area of less than 1,000 square feet, which sold for HKD 1.25 million, with a price per square foot of HKD 1,265.
The current highest price per square foot record for Seastrand was set in July this year, when a mid-level unit of 1,109 square feet sold for HKD 1.54 million, achieving a price per square foot of HKD 1,389

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After 12 years, Baisha District welcomes a new Executive Condominium (EC) project, Coastal Cabana, expected to be completed in 2029. The project is jointly developed by Qingjian Realty, Sihai Holdings, ZACD, and Jianan Land, offering three to five-bedroom units with a minimum price of 1,639 yuan per square meter. The project is adjacent to Brazil Park and the beach, enjoying convenient leisure and recreational facilities

Linhai residential area enjoys convenient leisure, Baisha District welcomes new EC after 12 years | Lianhe Zaobao