HomeNew launches › East Coast Road (GLS)

East Coast Road (GLS)

RCRGLS confirmed
150
est. units
2026
expected launch
$1,895–$2,722
indicative $psf (est.)
45%
vs nearby resale

The site

LocationMarine Parade · D15 · Rest of Central (city-fringe)
Type / tenurePrivate condo · 99-yr
Estimated units150 (est. until developer confirms)
StatusGLS confirmed
Expected launch2026 (indicative)
GLS land priceLand price pending verification against the URA award record.
Nearest MRT/LRTSiglap · ~327 m
Schools within 1 km0
Primary sourceura.gov.sg

Indicative pricing outlook

The developer has not announced pricing. This is HomeVestor’s indicative $psf band from URA data — a yardstick, not a quote. It triangulates three references: nearby resale uplifted by the measured new-launch premium, what currently-selling launches in the region achieve, and — where the site was tendered — the land price the developer paid.

$1,895
~$2,016 psf
$2,722
Nearby resale + launch premium — comparable resale within ~1–2 km × the RCR new-launch premium
$2,016
Recent RCR launches — median achieved $psf of currently-selling RCR launches
$2,722

The midpoint implies a ~+45% new-build premium over comparable resale nearby (median $1,394 psf, RCR condos within ~1–2 km) — the premium buyers here have historically paid for a fresh 99-year lease and new product. That mid sits -26% versus currently-selling RCR launches (median $2,722 psf) — this site looks relatively cheap for a new build in its region.

How is this worked out? — anchors, premium, period
What it is
An indicative $psf band — HomeVestor model output, not a developer price. The developer has announced no pricing.
Anchors
We triangulate up to four references: nearby resale $psf (URA, within ~1–2 km) uplifted by the measured new-launch premium; the median achieved $psf of currently-selling launches in the same region; launches now selling nearby; and, where the site was tendered, the GLS/collective-sale land price plus a roughly fixed construction cost, uplifted for saleable-area efficiency and margin (see the land-to-launch model). The band midpoint is the resale-based anchor; the others set the band’s width.
Premium
The RCR new-launch premium (~45%) is estimated from URA developer-sales medians against nearby resale for launches now on the market.
Source / period
URA Data Service developer sales & transactions, trailing ~14 months; nearby resale from the HomeVestor fair-value set.
Note: a wide band reflects genuine uncertainty before launch. Treat it as a yardstick to test the developer’s eventual pricing against — not a quote.
For educational purposes only — not financial advice, not an offer or quotation.

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.

LAGUNA PARK
D15 · ~214m · 1978
$1,177
SEASIDE RESIDENCES
D15 · ~290m · 2021
$2,256
VILLA MARINA
D15 · ~457m · 1999
$1,260
ELLIOT AT THE EAST COAST
D15 · ~513m · 2012
$1,548
FERNWOOD TOWERS
D15 · ~513m · 1994
$1,650
EAST VILLAGE
D16 · ~615m · 2014
$1,344
EASTBAY
D15 · ~635m · 2010
$1,593
MANDARIN GARDENS
D15 · ~644m · 1986
$1,298

See undervalued resale in this area ›

How RCR launches are selling

Across 33 currently-selling RCR projects (URA developer sales): a median of 95% of units sold to date, and 64% are past 80% sold. Typical first-month take-up in this region ran ~54%. 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 515 units across 1 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.

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.

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
~-26% below selling RCR launches
Room
RCR launch absorption
cohort median 95% sold
Strong
Nearby competing supply
~0 unsold + 515 pipeline units <2 km
Light
Transit access
Siglap ~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.

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 · a HomeVestor advisor will be assigned · 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.