Sea Pavilion Residences is an upcoming new launch apartment being developed by Oxley Holdings.
Located at Upper East Coast Road, Sea Pavilion Residences offers residents unparalled convenience and a quiet, exclusive neighbourhood to stay in.
Quick navigation for Sea Pavilion Residences
- Development information
- Floor plans
- Site plan
- Surrounding amenities
Sea Pavilion Residences location
Development information for Sea Pavilion Residences
|Project name||Sea Pavilion Residences|
|Developer||Oxley Holdings Limited|
|Address||494 Upper East Coast Road, S466522|
|District||16, Bedok / Upper East Coast|
|No of units||TBC|
|No of storeys||TBC|
|No of car parks||TBC|
|Gross floor area||TBC|
|Estimated launch date||TBC|
Transport amenities near Sea Pavilion Residences
|Transport||Estimated distance||Estimated time|
|Bayshore MRT station||300m||4 min walk|
|Bedok South MRT station||730m||10 min walk|
|Bus services 10, 10E, 13, 14, 14E, 43, 48, 55, 137, 531, 853||20m||1 min walk|
|East Coast Parkway expressway exit 6||300m||1 min drive|
Childcare centres and Kindergartens near Sea Pavilion Residences
|Childcare centres||Estimated distance||Estimated time|
|Alphabet Playhouse @ East Coast||300m||4 min walk|
|Smartz Playhouse||300m||4 min walk|
|Les Petits Gaulois||380m||5 min walk|
|Ripples Monetssori Kindergarten||380m||5 min walk|
|Stepping Stones Child Care and Learning Centre||500m||7 min walk|
|My First Classroom||600m||8 min walk|
|PCF Sparkletots Siglap||600m||8 min walk|
Schools near Sea Pavilion Residences
|School||Estimated distance||Estimated time|
|Temasek Primary||400m||6 min walk|
|Temasek Secondary||400m||6 min walk|
|Temasek JC||900m||3 min drive|
|Bedok View Secondary||960m||3 min drive|
|Bedok Green Primary||1.6km||4 min drive|
|Bedok South Secondary||1.7km||5 min drive|
|Tanjong Katong Primary||1.9km||5 min drive|
|Anglican High School||2.0km||6 min drive|
|Opera Estate Primary||2.6km||7 min drive|
District 16 information relevant to Sea Pavilion Residences
Over the past 10 years, per square foot prices in district 16 where Sea Pavilion Residences is has risen from S$800 psf in 2008 to S$1,200 in Jan 2018.
This represents a rise of 50% over 10 years or 4.1% on an annualized basis.
If one were an investor with a rental unit, assuming 1,000 sqft home with annual rental of S$36,000 grown at 2%, the returns would be 7.4%.
With leverage, the return would likely have been in the mid to high double digit percentage range.
These returns far beat the stock market, bonds or even fixed deposits.
If the historical trend is a guide, future returns would be in the ballpark range.
In terms of future supply in the area as competition to Sea Pavilion Residences should buyers want to purchase for investment, only Grandeur Park Residences near Tanah Merah MRT is under construction and is expected to TOP in March 2021. Grandeur Park Residences has 720 units.
Rental yields in District 16 as reference for Sea Pavilion Residences
Based on transactions in the past 6 months for district 16 where Sea Pavilion residences is located, rental yields have ranged between 3.0% (Waterfront Isle) to 4.4% (East Village).
Most of the rental yields are in the 3.2% to 3.4% range with some outliers at 3.7% (The Glades) and 4.4% (East Village).
For investors of Sea Pavilion Residences, it is likely that rental yields will come in at the mid 3% range.
The following table shows the gross yield as computed based on transactions in the last 6 months.
|Project Name||Tenure||Completion||Gross Yield %|
|THE GLADES||99 YRS FROM 2013||2016||3.7|
|OPTIMA @ TANAH MERAH||99 YRS FROM 2008||2012||3.5|
|BAYSHORE PARK||99 YRS FROM 1982||1986||3.4|
|LAGUNA GREEN||99 YRS FROM 1995||1998||3.4|
|BAYWATER||99 YRS FROM 2001||2006||3.4|
|STRATFORD COURT||99 YRS FROM 1995||1998||3.4|
|AQUARIUS BY THE PARK||99 YRS FROM 1996||2000||3.4|
|EASTWOOD CENTRE||99 YRS FROM 1995||1998||3.3|
|BEDOK RESIDENCES||99 YRS FROM 2011||2015||3.3|
|TANAMERA CREST||99 YRS FROM 2000||2004||3.3|
|EAST MEADOWS||99 YRS FROM 1998||2002||3.2|
|THE TANAMERA||99 YRS FROM 1990||1994||3.2|
|THE BAYSHORE||99 YRS FROM 1993||1997||3.2|
|EASTWOOD GREEN||99 YRS FROM 1995||1998||3.2|
|CASA MERAH||99 YRS FROM 2006||2009||3.2|
|FAIRMOUNT CONDOMINIUM||99 YRS FROM 1996||2000||3.1|
|WATERFRONT ISLE||99 YRS FROM 2009||2015||3|