Coastal Cabana, the executive condominium (EC) along Jalan Loyang Besar in Pasir Ris, sold 498 of its 748 units over its launch weekend of Jan 17 and 18 at an average price of $1,734 psf. This represents more than two-thirds of the total number of units launched.
E-applications for Coastal Cabana were open from Dec 6 to Dec 21, 2025. Jointly developed by Qingjian Realty, Forsea Holdings, ZACD Group and Jianan Capital, the development comprises 16 residential blocks of 11 and 12 storeys, offering a mix of three- to five-bedroom units ranging from 872 sq ft to 1,421 sq ft.
The 99-year leasehold development is expected to achieve vacant possession by March 31, 2029.
The first EC launch in 12 years in Jalan Loyang Besar area has received a very warm reception from buyers, says Mark Yip, CEO, Huttons Asia. “It is one of the rare EC projects to have views of the sea.”
The sea-facing units were the most popular among buyers; more than 90% of these units were sold, according to Yip.
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Larger units saw “very high demand”, Yip adds, indicating a “clear desire” for bigger living space among buyers. “All 22 units of the five-bedroom units were sold while more than 80% of the four-bedroom units were sold.”
The average price for a private residential unit in the Outside Central Region (OCR) was almost $2,300 psf in 2025 and some projects were even as high as $2,700 psf. “With prices starting from $1,639 psf for Coastal Cabana, eligible buyers found it to be a very compelling proposition,” says Yip.
An estimated 85% of buyers opted for a Deferred Payment Scheme (DPS), says Yip. This payment scheme, which is only available to buyers of new EC units, allows buyers to start servicing their loan when the EC receives its Temporary Occupation Permit. It eases the finances for HDB upgraders who may still have an outstanding loan for their flat.
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EC supply is currently at a cyclical low, with only a small pipeline of new launches expected over the next few years, says Eugene Lim, key executive officer at ERA Singapore.
“As the price gap between ECs and new private homes continues to widen, demand from HDB upgraders has remained resilient. Coastal Cabana stands out as one of the last EC launches in Pasir Ris and among the final few opportunities in the eastern region in the near term,” Lim adds.
Buyers who missed out buying a unit in Coastal Cabana will have to wait for the next EC launch: Rivelle Tampines. Located at Tampines Street 95, the 99-year leasehold EC is being developed by Sim Lian Group and is expected to be launched within 1Q2026.
Du Dexiang, managing director of Qingjian Realty, says: “We are proud to continue contributing to Singapore’s EC landscape by delivering quality homes that meet strong demand for private residential living. There was strong interest garnered across all unit types, affirming the carefully curated unit mix that was designed to meet varied household needs.”
Wang Xin, director at Forsea Holdings, adds: “The strong sales performance highlights Coastal Cabana’s wide appeal, with buyers responding to its generous and flexible layouts, family-centric facilities and coastal environment, with sea views being a particularly prized feature in the EC market.”
Photos: Qingjian Realty
