Pasir Ris Central Condo

Pasir Ris Central condo is an upcoming 99-years leasehold integrated mixed-use development.

Located at Pasir Ris town centre and next to the MRT, the land parcel is a “white site” intended as a mixed development, which will feature an integrated bus interchange, polyclinic and town plaza.

In addition, the site is a massive 3.8 hectare land parcel, which is about 6.5 football fields in size and slightly larger than Sengkang Grand Residences.

Pasir Ris Central condo is brought to you by joint venture between Allgreen Properties and Kerry Properties.

Both companies are part of Kuok Group, owned by the tycoon Robert Kuok.

Okay, let me show you list of their completed projects in Singapore:

In short, I use the word “Blue-Ribbon” to describe them.

Pasir Ris Central condo is right beside Pasir Ris MRT station.

You may zoom in and look in detailed from the map below.

Accessibility

Pasir Ris residents can get to Raffles Place in 30 minutes using the East-West MRT Line. Just like a main vein of Singapore, it is the most essential MRT line to cover majority of the workplaces.

In addition, the upcoming Cross Island Line (2029) will link Pasir Ris to Hougang (3 stops), Ang Mo Kio (6 stops) and Bright Hill (8 stops).

Besides that, the TPE, PIE and KPE is close to Pasir Ris, giving residents very quick access to that and other areas of the island.

Amenities nearby

Dining:

• Hai Sing Catholic School
• Loyang Primary School
• Elias Park Primary School

Shopping:

• White Sands
• Elias Malls
• Changi City Points
• Tampines Mall
• Jewel Changi

Schools:

• Hai Sing Catholic School
• Loyang Primary School
• Elias Park Primary School

Recreation:

• Downtown East
• Pasir Ris Town Park
• Pasir Ris Sports CTR
• Aranda Country Club

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How much would be the selling price?

The Allgreen Properties and Kerry Properties tie-up’s unit land price based on a lower gross floor area of 832,480 sq ft, excluding the public facilities, works out to S$840.86 psf ppr, a spokesman for Allgreen said when contacted by The Business Times.

With that, I think the breakeven cost plus 15% profit margin would price Pasir Ris Central condo around $1,580psf.

The Master Plan of Pasir Ris

Need some vitamin ‘Sea’ to escape the bustling city life? Look forward to a new elevated cycling and pedestrian path that will connect the revitalised Pasir Ris Town Centre to Pasir Ris Park and beach seamlessly.

New plans for a new mixed-use development at the town centre, upgraded neighbourhood facilities, and more community spaces and greenery with better connectivity around Pasir Ris!

Let’s Review and Comment is Pasir Ris Central a Good Buy?