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Home/District 18 - Pasir Ris, Tampines/EASTVALE

EASTVALE

District 18OCR99 yrs lease commencing from 1996PropertyGuru

Project Details

Address
PASIR RIS DRIVE 3
Property Type
Executive Condominium
Total Units
312
Est. TOP
1998
Developer
CapitaLand Residential
Tenure
99 yrs lease commencing from 1996
Price by Bedroom (median, 3yr)
3-Bed
$1,230,000
19 txns
Median PSF (3yr)
$1015
19 transactions
Normalized PSF
$1,251
Raw $1,015 · Bala 85.4%
vs new D18 launches
-38.7%
Both sides Bala-normalized

About this number

Normalized PSF uses Bala's Table - the Singapore Land Authority differential premium reference for valuing leasehold against freehold. Bala values a fresh 99-year lease at 96% of freehold; the curve drops non-linearly, reaching ~75% at 50 years remaining and ~60% at 30 years.

Below 40 years remaining we stop normalizing because the curve diverges from market reality once CPF withdrawal restrictions and bank LTV cliffs dominate.

A separate 5% adjustment applies to projects whose lease commenced before 2023, reflecting the older strata-area measurement convention (which counted air-con ledges and bay windows).

Source: Singapore Land Authority differential premium reference (Bala's Table).

Investment Signals

Elias Park Primary School (978m)T3Pasir Ris Primary School (1.0km)T3Gongshang Primary School (2.0km)T1High supply: 2,701 units within 2kmNo MRT within 1km

PSF Trend

Transaction prices per square foot

More projects in District 18 - Pasir Ris, Tampines ->
Last 3 years
  • EASTVALEOCR
    Apr 2026 · D18 · 3-Bed · 1,098 sqft · fl 01-05
    $1,190,000
    $1,084 psf
    $1,336 norm
    Resale
  • EASTVALEOCR
    Mar 2026 · D18 · 3-Bed · 1,281 sqft · fl 06-10
    $1,360,000
    $1,062 psf
    $1,309 norm
    Resale
  • EASTVALEOCR
    Feb 2026 · D18 · 3-Bed · 1,098 sqft · fl 06-10
    $1,160,000
    $1,057 psf
    $1,303 norm
    Resale
  • EASTVALEOCR
    Feb 2026 · D18 · 3-Bed · 1,119 sqft · fl 11-15
    $1,300,000
    $1,161 psf
    $1,431 norm
    Resale
  • EASTVALEOCR
    Dec 2025 · D18 · 3-Bed · 1,302 sqft · fl 01-05
    $1,300,000
    $998 psf
    $1,230 norm
    Resale
  • EASTVALEOCR
    Nov 2025 · D18 · 3-Bed · 1,098 sqft · fl 06-10
    $1,150,000
    $1,047 psf
    $1,291 norm
    Resale
  • EASTVALEOCR
    Nov 2025 · D18 · 3-Bed · 1,292 sqft · fl 06-10
    $1,348,000
    $1,044 psf
    $1,287 norm
    Resale
  • EASTVALEOCR
    Jun 2025 · D18 · 3-Bed · 1,216 sqft · fl 01-05
    $1,303,000
    $1,071 psf
    $1,320 norm
    Resale
  • EASTVALEOCR
    Aug 2024 · D18 · 3-Bed · 1,281 sqft · fl 01-05
    $1,300,000
    $1,015 psf
    $1,251 norm
    Resale
  • EASTVALEOCR
    Aug 2024 · D18 · 3-Bed · 1,184 sqft · fl 01-05
    $1,180,000
    $997 psf
    $1,229 norm
    Resale
  • EASTVALEOCR
    Jul 2024 · D18 · 3-Bed · 1,281 sqft · fl 01-05
    $1,265,333
    $988 psf
    $1,218 norm
    Resale
  • EASTVALEOCR
    Jun 2024 · D18 · 3-Bed · 1,302 sqft · fl 01-05
    $1,228,000
    $943 psf
    $1,162 norm
    Resale
  • EASTVALEOCR
    Apr 2024 · D18 · 3-Bed · 1,066 sqft · fl 01-05
    $1,050,000
    $985 psf
    $1,214 norm
    Resale
  • EASTVALEOCR
    Mar 2024 · D18 · 3-Bed · 1,098 sqft · fl 06-10
    $1,158,760
    $1,055 psf
    $1,300 norm
    Resale
  • EASTVALEOCR
    Jan 2024 · D18 · 3-Bed · 1,292 sqft · fl 01-05
    $1,296,000
    $1,003 psf
    $1,236 norm
    Resale
  • EASTVALEOCR
    Nov 2023 · D18 · 3-Bed · 1,281 sqft · fl 01-05
    $1,250,000
    $976 psf
    $1,203 norm
    Resale
  • EASTVALEOCR
    Aug 2023 · D18 · 3-Bed · 1,184 sqft · fl 01-05
    $1,195,000
    $1,009 psf
    $1,244 norm
    Resale
  • EASTVALEOCR
    Jul 2023 · D18 · 3-Bed · 1,098 sqft · fl 01-05
    $1,100,000
    $1,002 psf
    $1,235 norm
    Resale
  • EASTVALEOCR
    Jun 2023 · D18 · 3-Bed · 1,195 sqft · fl 01-05
    $1,230,000
    $1,029 psf
    $1,268 norm
    Resale
ProjectDistRegionBedFloorAreaPricePSF99yr NormDateType
EASTVALE18OCR301-051,098$1,190,000$1,084$1,336Apr 2026Resale
EASTVALE18OCR306-101,281$1,360,000$1,062$1,309Mar 2026Resale
EASTVALE18OCR306-101,098$1,160,000$1,057$1,303Feb 2026Resale
EASTVALE18OCR311-151,119$1,300,000$1,161$1,431Feb 2026Resale
EASTVALE18OCR301-051,302$1,300,000$998$1,230Dec 2025Resale
EASTVALE18OCR306-101,098$1,150,000$1,047$1,291Nov 2025Resale
EASTVALE18OCR306-101,292$1,348,000$1,044$1,287Nov 2025Resale
EASTVALE18OCR301-051,216$1,303,000$1,071$1,320Jun 2025Resale
EASTVALE18OCR301-051,281$1,300,000$1,015$1,251Aug 2024Resale
EASTVALE18OCR301-051,184$1,180,000$997$1,229Aug 2024Resale
EASTVALE18OCR301-051,281$1,265,333$988$1,218Jul 2024Resale
EASTVALE18OCR301-051,302$1,228,000$943$1,162Jun 2024Resale
EASTVALE18OCR301-051,066$1,050,000$985$1,214Apr 2024Resale
EASTVALE18OCR306-101,098$1,158,760$1,055$1,300Mar 2024Resale
EASTVALE18OCR301-051,292$1,296,000$1,003$1,236Jan 2024Resale
EASTVALE18OCR301-051,281$1,250,000$976$1,203Nov 2023Resale
EASTVALE18OCR301-051,184$1,195,000$1,009$1,244Aug 2023Resale
EASTVALE18OCR301-051,098$1,100,000$1,002$1,235Jul 2023Resale
EASTVALE18OCR301-051,195$1,230,000$1,029$1,268Jun 2023Resale

Normalized via Bala's Table (SLA differential premium curve). Fresh 99yr lease ≈ 96% of freehold; below 40yr we don't normalize.