HomeVestor — new-launch research memo · homevestor.sg/launch/coastal-cabana-ec · 14 Jul 2026
HomeNew launches › Coastal Cabana (EC)

Coastal Cabana (EC)

OCRECAnnounced
748
units
81%
sold to date
$1,827
median $psf (actual)
144
sold last 3 mo

The site

LocationPasir Ris · D18 · Outside Central (suburban)
Type / tenureExecutive condo (EC) · 99-yr
Estimated units748 (est. until developer confirms)
StatusAnnounced
Expected launch2026 (indicative)
GLS land price (awarded)$729 psf ppr · S$557m · 2024-08
Qingjian / CCCC / ZACD · now Coastal Cabana · Jalan Loyang Besar EC; record EC land rate at the time (Aug 2024).
Nearest MRT/LRTPasir Ris · ~327 m
Schools within 1 km2
Primary source99.co

Live take-up — this project has launched

URA developer-sales data now covers this project, so the pre-launch estimate gives way to actual figures. Latest median $1,827 psf; 609 of 748 units sold to date (~81%). Around 144 units sold in the last 3 months.

0%25%50%75%100%$1,736$1,816$1,89601/2602/2603/2604/2605/26% soldmedian $psf
Cumulative units sold and median transacted $psf by month. Source: URA Data Service, developer sales.

Our pre-launch estimate vs actual: we projected an indicative band of $1,544–$2,072 psf (mid $1,643); the launch is transacting at a median $1,827 psf — our midpoint was ~10% low. We keep this scorecard public as launches print real prices — see every call we’ve made.

See how every launch is selling ›

How the price is built from cost

A developer’s launch price starts from what the site and the building actually cost — including the taxes that never appear on a brochure. Here is that build-up for this site, per square foot. (Construction is a spec-tier estimate; see the land-to-launch model for the sources and method.)

Land (awarded bid)$729 psf ppr
+ Stamp duty on land 6% BSD + 5% non-remittable ABSD+$80
Construction mass-market spec, location-independent$290
+ GST on construction 9%, non-recoverable on residential+$26
Break-even ÷ 0.95 saleable-area efficiency$1,184
+ Soft costs & developer margin fees, marketing, finance, ~10–13% margin+$296
Cost-plus floor$1,480
Indicative launch this page’s estimate (resale + cost anchors)$1,643
Premium over cost-plus floor what the market pays above build cost+11%
The 35% remittable ABSD is not in this build-up because it is refunded if the developer sells every unit within 5 years of buying the land — but it is why launches often discount to clear stock as that deadline nears. Figures are estimates, per square foot, for education only.

Nearby resale — what the neighbours trade at

Median transacted $psf of the nearest comparable condos (URA, past ~5 years). Unit-level details are masked. This is the “or buy resale instead” benchmark the pricing band is measured against.

EASTVALE
D18 · ~274m · EC · 1999
$966
COCO PALMS
D18 · ~720m · 2018
$1,509
COASTAL BREEZE RESIDENCES
D17 · ~747m · 2012
$912
SEA HORIZON
D18 · ~840m · EC · 2016
$1,161
WATERCOLOURS
D18 · ~917m · EC · 2014
$1,035
THE PALETTE
D18 · ~932m · 2015
$1,356
NV RESIDENCES
D18 · ~967m · 2013
$1,218
SEA ESTA
D18 · ~967m · 2015
$1,194

Compare this launch vs buying resale ›   Undervalued resale nearby ›

How OCR launches are selling

Across 46 currently-selling OCR projects (URA developer sales): a median of 99% of units sold to date, and 91% are past 80% sold. Typical first-month take-up in this region ran ~70%. A launch priced into a slow-absorbing cohort carries more exit risk.

Competing supply nearby

Within ~2 km: about 0 unsold units in launches already selling, plus 0 units across 0 other pipeline projects we track. More competing new supply caps how fast a launch can raise prices — and how easily you resell before TOP.

How is this worked out? — cohort, source
Basis
Take-up is the region cohort of projects with URA developer-sales activity; nearby supply counts unsold units within ~2 km plus tracked pipeline sites.
Source
URA Data Service developer sales & pipeline; HomeVestor launch pipeline.
For educational purposes only — not financial advice.

What makes a launch sell — the opening month decides ›

Money math — stress-test a price

Enter an indicative $psf and unit size to see stamp duties, the progressive-payment timeline and the resale price you’d need to break even. All figures estimates.

How is this worked out? — stamp duty, payment scheme, breakeven
Stamp duty
BSD tiers and ABSD rates per IRAS (in data/rates.json, verified 9 Jul 2026).
Payments
Standard Normal Payment Scheme for building-under-construction; stages are indicative.
Breakeven
All-in entry cost recovered net of ~3% selling costs and Seller’s Stamp Duty for the exit year; ignores loan interest and price growth.
Note: Confirm stamp duties with IRAS; ABSD remissions may apply to some buyers.
Indicative only — not financial advice or a quotation.
Want these numbers run against your actual budget, loan and ABSD position?Stress-test with an advisor ›

Launch-readiness scorecard

Five evidence signals — leads, not a verdict. We don’t tell you to buy or not; we show what the data flags so you know what to verify at the showflat.

Implied price vs region cohort
~-21% below selling OCR launches
Room
OCR launch absorption
cohort median 99% sold
Strong
Nearby competing supply
~0 unsold + 0 pipeline units <2 km
Light
Transit access
Pasir Ris ~327m
Excellent
Tenure optionality
99-year leasehold
Standard
Three things to check at launch: (1) where the developer’s actual $psf lands versus the band above; (2) whether early take-up beats the region cohort; (3) whether nearby competing supply is rising or clearing. A licensed advisor can run these against your own budget and timeline.
Not sure if this launch fits your goals and timeline?Talk it through with an advisor ›

Planning a new-launch or resale purchase?

Speak with a licensed Crestbrick advisor about your budget, stamp duties, financing and whether a launch or a resale unit better fits your goals. This is a general advisory consultation — we are not selling you a unit in any specific project unless we are its appointed agency.

Request a consultation ›
Crestbrick Pte Ltd · Estate Agent Licence No. L3010886H · Ivan Cai · CEA Reg. No. R060513E · consultation is general advice, not a project sales pitch.
Contains information from the Urban Redevelopment Authority (private residential transactions, developer sales, Government Land Sales and pipeline) accessed via the URA Data Service and data.gov.sg, and from the Singapore Land Authority (OneMap), made available under the Singapore Open Data Licence v1.0. HomeVestor is not endorsed by, and does not represent, any government agency.