Square Foot Research Singapore

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OASIS @ ELIAS

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Project Information

Project Name

OASIS @ ELIAS

Street Name

Elias Road

Property Type

Condominium

Tenure

99 yrs FROM 2008

District / Planning Area

D18 / Pasir Ris

Completion

2011

Number of units

388 units

Indicative price range / Average*

S$ 902 - S$ 1,155 psf / S$ 1,049 psf

Indicative rental range / Average*

S$ 2.24 - S$ 3.89 psf pm / S$ 3.33 psf pm

Implied rental yield

3.81%

Historical high

S$ 1,155 psf in May 2023 for a 1,195-sqft unit

Indicative average price from historical high

-9.2%

Historical low

S$ 487 psf in Jul 2009 for a 2,637-sqft unit

Buyer profile by status#

Singaporean 71.9%, PR 19.6%, Foreigner 8.2%, Company 0.3%

Buyer profile by purchaser address#

HDB 62.9%, Private 37.1%

Note: *Based on contracts in the last 6 months. #Based on all available caveats, it does not represent the breakdown of current owners.

Location

Transaction Prices, Rents, Trends and Analysis

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Nearby properties

Price Comparison (Up to 10)

Source: URA, https://www.squarefoot.com.sg

Rental Comparison (Up to 10)

Source: URA, https://www.squarefoot.com.sg

Price and rental comparisons (Up to 10)

Note: Excludes properties with no transactions in the past 6 months, except for Subject Property. *Prices and rentals are based on data in the past 6 months. If Subject Property does not have transactions during this period, data shown is from the 6-month period from last transaction date.
Source: https://www.squarefoot.com.sg
Marker Project Tenure Completion Distance
(m)
Lowest price*
(S$ psf)
Average price*
(S$ psf)
Highest price*
(S$ psf)
Lowest rental*
(S$ psf pm)
Average rental*
(S$ psf pm)
Highest rental*
(S$ psf pm)
Rental yield
(%)
OASIS @ ELIAS 99 yrs FROM 2008 2011 - 902 1,049 1,155 2.24 3.26 3.89 3.7
STRATUM 99 Yrs FROM 2012 2016 239 1,083 1,300 1,445 3.62 4.97 6.67 4.6
RIS GRANDEUR Freehold 2005 377 1,231 1,231 1,231 2.52 3.37 4.32 3.3
BELYSA 99 yrs FROM 2011 2014 453 1,017 1,113 1,204 2.88 3.99 4.63 4.3
VUE 8 RESIDENCE 99 yrs FROM 2012 2017 470 1,048 1,313 1,478 3.08 4.65 6.67 4.3
LIVIA 99 yrs FROM 2008 2011 552 1,076 1,151 1,241 2.22 3.45 4.24 3.6
ELIAS GREEN 99 Yrs FROM 1991 1994 609 828 877 929 2.06 2.77 3.35 3.8
NV RESIDENCES 99 yrs FROM 2008 2013 661 984 1,171 1,313 2.59 4.19 6.67 4.3
COCO PALMS 99 yrs FROM 2008 2018 681 1,138 1,465 1,599 2.17 5.41 7.78 4.4
WHITEWATER 99 yrs FROM 2002 2005 745 896 946 995 2.26 3.42 4.35 4.3

Location of nearby properties

Note: Excludes properties with no transactions in the past 6 months.
Source: https://www.squarefoot.com.sg

Nearby land sales / new launches

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Status Name Location Land attributes Estimated Breakeven

on 13 Apr 2012

(Now known as Stratum)

Street
Site use Residential
Sale Type
Tenure 99
Site area (sqm) 23,322.0
Site GFA (sqm) 32,650.8
Highest bid ($m) 165.9
Highest bid ($psf) 472.0
Number of bids 9
Remarks
Land ($m) XX
Construction ($m) XX
Land Financing ($m) XX
Professional / Legal / Taxes ($m) XX
Marketing / Others ($m) XX
Est. Total Cost ($m) XX
Est. Breakeven ($psf ppr) XX
Developer Elitist Development

on 11 Jun 2012

(Now known as Vue 8 Residence)

Street
Site use Residential
Sale Type
Tenure 99
Site area (sqm) 22,317.4
Site GFA (sqm) 46,867.0
Highest bid ($m) 211.0
Highest bid ($psf) 418.3
Number of bids 5
Remarks
Land ($m) XX
Construction ($m) XX
Land Financing ($m) XX
Professional / Legal / Taxes ($m) XX
Marketing / Others ($m) XX
Est. Total Cost ($m) XX
Est. Breakeven ($psf ppr) XX
Developer Capital Development

Disclaimer

This report provides information as reference resource for your personal consumption only. It is not intended to be and does not constitute financial advice, investment advice or any other advice. This report has been generated without regard to the individual financial circumstances, needs or objectives of persons who view it. Users should not rely on any of the information herein as authoritative or substitute for the exercise of their own skill and judgment in making any investment or other decision. By the use of our services, you agree that any and all use of this report which you make, is solely at your own risk and without any recourse whatsoever to Square Foot Research Pte. Ltd., its related and affiliate companies and/or their employees. Square Foot Research Pte. Ltd. makes reasonable effort to use reliable and comprehensive information to generate this report, but we make no representation that it is accurate or complete.

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