Jalan Loyang Besar EC
The upcoming EC site at Jalan Loyang Besar will mark the first executive condominium project in Pasir Ris town in over a decade. Spanning 2.84 hectares, the site is expected to deliver approximately 710 units. It is conveniently located within walking distance of the Pasir Ris MRT interchange and shopping destinations like Pasir Ris Mall and White Sands.
Industry experts anticipate this site will attract intense competition when it opens for tender in May 2024. As the only EC site on the confirmed list, it offers a highly attractive value proposition, noted Marcus Chu, CEO of ERA, making it a focal point for developers.
Land Parcel Details
Details | Specifications |
---|---|
Location | Jalan Loyang Besar |
Site Area | 28,405.5 m2 |
Land Use Zoning | Executive Condominium |
Maximum Gross Floor Area (GFA) | 71,014 m2 |
Maximum Building Height | 49m SHD |
Estimated Number of Housing Units | 710 |
Lease Period | 99 years |
The site is surrounded by a range of amenities, including White Sands, the upcoming Pasir Ris Mall, Pasir Ris Sports Hall, Pasir Ris Hawker Centre, and Downtown East. It is also located within 1km of two primary schools, Casuarina Primary School and Pasir Ris Primary School. In addition, the site is near Pasir Ris MRT Station, which will serve as an interchange for the East-West Line and the future Cross Island Line. The Cross Island Line will provide seamless connectivity from the East to the West and North-eastern regions, connecting areas like Jurong Lake District, Clementi, Turf City, Ang Mo Kio, and Hougang, according to PropNex’s Wong.
Ngiam from PropNex highlights that there has not been a BTO (Build-to-Order) launch in Pasir Ris since 2020, potentially creating a pent-up demand from first-time buyers and HDB upgraders, which could boost sales for this upcoming EC. The last EC project in the vicinity was the 618-unit Tenet by Qingjian Realty, launched along Tampines Street 62 in 2022.
Project Details
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Location
Jalan Loyang Besar
Location Map
Nearby Amenities
- 1Km of primary school Casuarina Primary School
- 1 Km of Pasir Ris Primary School
- Jurong Lake District
- Connecting Areas Clementi, Turf City, Ang Mo Kio, and Hougang
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