Sea Horizon

Overview

Unit Info

Sales

Rental

Surrounding

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Overview

Unit Info

Sales

Rental

Surrounding

More

Sale Price *

Average
S$ 1,095 psf
Range
S$ 955 - 1,255 psf

Rental Price **

Average
S$ 3.2 psf pm
Range
S$ 2.7 - 4.1 psf pm

Rental Yield **

3.5%

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

Amenities

3.1
3.1

Convenience

3.7
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
Sea Horizon is a leasehold (99 yrs from 2013) executive condominium completed in 2016. It is developed by HAO YUAN DEVELOPMENT PTE LTD and designed by AGA ARCHITECTS PTE LTD. The development occupies a land area of 27,750 sqm and a Gross Floor Area of 58,275 sqm. It consists of 495 units. According to records, buyers of this development are Singaporean 97.2%, PR 2.8%, Foreigner 0.0%, Company 0.0%.

SEA HORIZON is located along Pasir Ris Rise in Pasir Ris, in District 18. It is accessible through the nearest MRTs including Pasir Ris East CR4 and Pasir Ris EW1. The nearest schools are PASIR RIS CREST SECONDARY SCHOOL and CASUARINA PRIMARY SCHOOL.

Based on transaction data in the last 12 months, sale prices range from S$ 955 psf to S$ 1,255 psf at an average of S$ 1,095 psf. Its highest recorded transaction was S$ 1,255 psf in Mar 2022 for a 1,281-sqft unit. Its lowest recorded transaction was S$ 713 psf in Oct 2013 for a 1,270-sqft unit. Its current rental yield is at 3.5%.

Other nearby amenities include: 3 Childcare Centre(s): MY FIRST SKOOL, SUNFLOWER PRESCHOOL @ PASIR RIS PTE. LTD., PCF SPARKLETOTS PRESCHOOL @ PASIR RIS EAST BLK 412 (CC), and 3 Grocerie(s): RAW MARKET PTE. LTD., NTUC FAIRPRICE CO-OPERATIVE LTD, COLD STORAGE SINGAPORE (1983) PTE LTD, and 3 Kindergarten(s): Shalom Kindergarten, Riverlife Kindergarten, ACES Montessori Kidz Kindergarten, and 1 Shopping Mall: DOWNTOWN EAST - E!HUB.

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.
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What they say
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5
"As a delivery rider, back when I just started Grabfood. I still remember this condo is my first condo to send to. Can go basement and very easy to find the block. Staffs are always kind."
A*** M***** (*******
Google Review     |   28 Jan 2022
1
"Horrible management who changes their rules like the wind and tries to rule residents like a tyrant with their ridiculous rules. The management is also VERY eager to take money from residents - they will wheel clamp you without any warning if your second car is not parked in their designated "grey" lot even though there are NOT ENOUGH grey lots for second cars AT NIGHT. FYI there are more than enough white lots at my block to go around, yet you STILL have to park your second car at their designated "grey" lot and if you park in their white lot, they will clamp you. Impractical and not flexible rules. I arrived just when the guard was done clamping my car and he refused to give even a bit of grace to unclamp me. I ended up paying $100 for "illegal" parking in my own condo. The management has went back on their words as they have told me second cars can be parked in the white lots opposite the grey lots if there is no space. When confronted about this, the staff repeatedly rolled her eyes and raised her brows at me as if I am the one being ridiculous! Downright atrocious attitude and bad management. The management makes life difficult and unpleasant for residents. Get ready to be on your toes where you park your car if you want to live here. You also have to pay $120/month for your second car!"
C***** A* Y***
Google Review     |   01 Oct 2021
4
"Better than living"
S***** K**** S*****
Google Review     |   19 Mar 2022
1
"Don't like climbing up the steps at the side gate.very inconvenient"
S**** J****
Google Review     |   12 Sep 2021
5
"Visited my old friend here and praised him for finding reasonable place to stay away from all the hectic work life in Singapore. It is only minutes away from the beach and he loves the wildlife he can find here. Relaxing in Style."
M***** M******
Google Review     |   01 Jul 2021
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Floor Plans
1
1
2

SEA HORIZON - 1 - 1 - 2

Size Distribution
Note: Estimated when over 70% of the unit sizes are known, may differ from actual unit size distribution.
Unit Mix

Sales Transaction of SEA HORIZON (Limited to 10)

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Date
Area(sqft)
Bedrooms
Price(S$ psf)
Price (S$)
Type of Sale
Address
Type of Area
Purchaser Address
Source

Developer's Selling Prices

Note: Based on developer's monthly submission to URA

Source: URA, https://www.edgeprop.sg

Developer's Sales

Note: Based on developer's monthly submission to URA

Source: URA, https://www.edgeprop.sg

Price Trends

Volume Trends

No Data
Rental Transactions of SEA HORIZON
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Lease Start
Unit Size (Sqft)
Monthly Rent (S$)
Bedrooms
Monthly Rent (Est. S$ psf)
Street
Type
Source

Rental Trends

Average Rental Yield Analysis
*Based on transactions and rents in the past 6 months.
Unit Size (sqft)
Average Monthly Rent (S$)
Rental Contracts
Average Price (S$)
Transactions
Rental Yield (%)
Historical Quarterly Rental

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Nearby Land Sales

Status
Street NameLocationLand AttributesEstimated Breakeven
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Listings

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