RIS GRANDEUR: Pasir Ris Condominium | Details & Reviews

Name: RIS GRANDEUR
Brand: RIS GRANDEUR
SKU: RIS GRANDEUR
Rating: 5.0 (9 reviews)

Ris Grandeur

Note: This project has high transaction volume. For performance reasons, a default 5-year time frame has been selected. You may change this in the Report Options above

Sale Price *

Average

S$ 1,221 psf

Range

S$ 807 - 1,357 psf

Rental Price **

Average

S$ 3.2 psf pm

Range

S$ 2.5 - 4.3 psf pm

Rental Yield **

3.2%

Rental income expressed as a percentage of the property's value.

Amenities

2.9

Convenience

3.7

Connectivity

Details

No data

*Based on URA sales data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

**Based on URA rental data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

Facilities

0 Facilities Available

Description

Ris Grandeur is a freehold condominium completed in 2005. It is developed by CPL TAMPINES PTE LTD. The development occupies a land area of 26,441 sqm and a Gross Floor Area of 55,526 sqm. It consists of 460 units. According to records, buyers of this development are Singaporean 87.6%, PR 9.4%, Foreigner 2.8%, Company 0.1%.

RIS GRANDEUR is located along Elias Road in Pasir Ris, in District 18. It is accessible through the nearest MRTs including Tampines North CR6 and Pasir Ris CR5.

Based on transaction data in the last 12 months, sale prices range from S$ 807 psf to S$ 1,357 psf at an average of S$ 1,221 psf. Its highest recorded transaction was S$ 1,357 psf in Jun 2024 for a 1,539-sqft unit. Its lowest recorded transaction was S$ 308 psf in Mar 2006 for a 4,144-sqft unit. Its current rental yield is at 3.2%. Other nearby amenities include: 3 Grocerie(s): COLD STORAGE SINGAPORE (1983) PTE LTD, U STARS PTE. LTD., NTUC FAIRPRICE CO-OPERATIVE LTD, and 3 Shopping Mall(s): Elias Mall, Pasir Ris West Plaza, Pasir Ris Mall.

Buyers and tenants are attracted to District 18, which is comprised of Simei, Tampines and Pasir Ris. Simei is home to country clubs such as Tanah Merah Country Club and Laguna National Golf & Country Club. Nearby, the Singapore Expo complex annually holds international concerts, exhibitions and conventions. Tampines is Singapore's third largest new town by area, spanning over 289ha of land. Originally covered by forests and swamps, Tampines has evolved into a modern township with three shopping malls: Tampines 1, Century Square and Tampines mall, located in the heart of the regional centre. In 2006, IKEA opened its second outlet in Singapore at Tampines Retail Park, adjacent to two other mega retail warehouse stores by Courts and Giant. From its early days as a kampung, Pasir Ris has evolved to become a lively housing estate surrounded by the beach and sea. Another natural landmark in the neighbourhood is Pasir Ris Park, which houses a 6ha mangrove forest. Pasir Ris is also popular for its chalets and resorts in Downtown East.

With a land area of 11,000ha, the East Region is the smallest and second most densely populated of the five regions in Singapore. The region is a key aviation hub, housing the Paya Lebar Air Base and Changi Naval Base. Major airlines such as Singapore Airlines, Scoot and Jetstar also has their head offices in the area. Other major economic activity includes manufacturing, with industrial estates in Bedok, Changi, Pasir Ris, Tampines and Paya Lebar. Changi Business Park also hosts a number of MNCs such as Standard Chartered and IBM. Going forward, the government has plans to create more semi-conductor and aviation-related jobs at Tampines North, Pasir Ris and Changi. Aside from the bustling economic activity, residents benefit from a wide variety of green and play spaces in the region. Residents will also enjoy increased connectivity to other parts of Singapore with the upcoming Cross Island Line and Thomson-East Coast Line.

What they say

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4.8

"Ris Grandeur is probably the only Freehold condo with full facilities in Pasir Ris. Its within walking distance to Elias Mall, West Plaza, Tampines Meridien JC and primary & secondary schools. It is also within walking distance to OFS international school. Park connector next to estate leads to Pasir Ris park approx 1km. Facilities include underground parking, overground visitor parking. Resort style swimming pool, deck, heated bubble pool, bbq pits, children's pool, playground, gym, basketball court, clubhouse. Very family centric condo. Units are larger than most new condos. Ris Grandeur boasts the unique 3 storey penthouses ranging from 3000 to 4000 sqft 3 and 4 bedrooms. Security & building mamagement are friendly and prompt. As an owner occupier, my experience with my neighbours is just like my old Sembawang kampung days. Friendly and relaxed. Its been my best property investment in terms of value and lifestyle. "

I**

Owner | 30 Jan 2023

"Ris Grandeur is close to TPE for convenience but just far enough not to be disturbed by traffic noise. Food and grocery stores in Elias Mall and West Plaza are both within walking distance. Is next to the park connector giving easy access to Pasir Ris Park. Ris Grandeur is the only freehold condominium in the area with resort feel due to the green acreage and water features. Other great points is the estate's proximity to Meridian Tampines JC, UWC, Temasek Poly and walking distance to Overseas Family School. We love the ambience and lifestyle in one of the best estates in Pasir Ris with full facilities. Fact check - Ris Grandeur is one of the few condos with pent-houses that offer usable living space for 3 generation families."

i****7@yahoo.com.sg

Owner | 24 Jul 2022