PASIR RIS 8
PASIR RIS DRIVE 8 · District 18 · 99 yrs lease commencing from 2021
Median Price
S$1.5M
Price Range
S$842K - S$2.8M
Tenure
Leasehold
Avg Rent
S$5.21 psf
PASIR RIS 8 Price Analysis
PASIR RIS 8 is a leasehold development on PASIR RIS DRIVE 8 in District 18 (Tampines/Pasir Ris). According to URA transaction records, 394 private residential transactions have been recorded at this development, with a median price of S$1,488,500. Prices range from S$842K for the smallest units to S$2.8M for premium configurations.
The development offers units across 5 size categories. The most traded segment is studio (<50 sqm) at a median of S$879,000. Larger units (4-bed (130-170 sqm)) trade at S$2,493,000, reflecting the premium for additional space.
Floor level significantly impacts pricing at PASIR RIS 8. High-floor units (06-10) command a median of S$1,491,000, while low-floor units (11-15) sell for S$1,370,000. That is a 9% premium for higher floors, worth S$121K in absolute terms. Buyers with flexibility on floor preference can save significantly by choosing mid-range levels.
On the rental side, PASIR RIS 8 commands an average of S$5.21 per square foot per month. At the median purchase price, this implies a gross rental yield of approximately 3.6%.
Price Trend
Median transaction price by contract month.
Source: URA Private Residential Property Transactions
Price by Floor Level
Price by Unit Size
| Size Band | Median Price | Avg Size | Transactions |
|---|---|---|---|
| Studio (<50 sqm) | S$879K | 48 sqm | 41 |
| 1-Bed (50-70 sqm) | S$1.1M | 62 sqm | 91 |
| 2-Bed (70-100 sqm) | S$1.5M | 83 sqm | 166 |
| 3-Bed (100-130 sqm) | S$2.0M | 120 sqm | 70 |
| 4-Bed (130-170 sqm) | S$2.5M | 139 sqm | 26 |
Current Listings
3-Bed sale
Dean Kam · PROPNEX REALTY PTE. LTD.
4-Bed sale
Adrian Tan · ERA REALTY NETWORK PTE LTD
4-Bed sale
Kelly Tay · ERA REALTY NETWORK PTE LTD
4-Bed sale
Tony Chua · PROPNEX REALTY PTE. LTD.
2-Bed sale
Quek Yee Yong · PROPNEX REALTY PTE. LTD.
FAQ
What is the average price of PASIR RIS 8?
The median transaction price at PASIR RIS 8 is S$1,488,500, based on 394 URA-recorded transactions. Prices range from S$842K to S$2.8M.
Does floor level affect prices at PASIR RIS 8?
Yes. High-floor units (06-10) sell for a median of S$1,491,000, while low-floor units (11-15) sell for S$1,370,000. That is a 9% premium for higher floors.
What is the rental rate at PASIR RIS 8?
The average rental rate at PASIR RIS 8 is approximately S$5.21 per square foot per month, based on URA median rental data.
Source: URA Private Residential Property Transactions. Analysis by FairComparisons.