GrowKaki.

Ris Grandeur

Elias Road · District 18 · Outside Central Region (OCR) · Freehold

Ris Grandeur is a condominium development in District 18 (OCR). Based on 47 URA-recorded transactions from 20212026, its median price is $1,515,000, with prices moving about 5.1%/yr and a gross rental yield near 2.8%.

The verdict · for an investor

Ris Grandeur · Condominium · District 18 · Freehold

On balance, Ris Grandeur points up.

Strong track record, sitting inside Tampines Regional Centre — the fundamentals buyers pay up for are here.

HeadwindsMixedTailwinds

Why it's pushing up

What matters most for you

  • ConvenientMRT about 16 min on foot; 8 supermarkets, 1 food & retail spot nearby.
  • Rentable~2.8% gross yield; schools nearby keep tenants coming.

And what makes it better

  • Every unit type has risen — 5-bed +43.3%, 3-bed +28.2%, 4-bed +21.0% since 2021.
  • A Primary-1 priority school within 1km — a real family draw.
  • Inside Tampines Regional Centre — a government-committed long-term catalyst.

What's holding it back

  • Its recent +5.1%/yr rode a hot cycle — don't bank on that pace repeating.
  • MRT is a real walk — Pasir Ris MRT, about 16 min.
  • The market's near the top of its cycle — mind your entry price.

Should I buy?

Worth a look

If you'll hold 5+ years and don't overpay.

Rental yield

2.8%

gross, on this project

Priced vs nearby

Above 1 of 6

mid-priced for the immediate area.

See if it fits my budget →

Independent research, not advice. A fair price still isn’t automatically a good buy — the call is always yours.

The priceIs my price fair?

Pick your exact unit — then check your price

Your unit’s exact size

Every real size that has sold here (URA caveats). Pick yours — or the closest.

~$1,302/sqft
15 sold here

What 1,066 sqft (4-bed) units go for here

$1.30Mmiddle ~$1.39M$1.47M

The price they’re asking

Type the price they’re quoting — we’ll judge it against what this exact size really sold for. No opinion until you do.

Recent 1,066 sqft sales

Jun 20261,066 sqft · fl 06-10$1.41M$1,323 psf
Mar 20261,066 sqft · fl 11-15$1.42M$1,332 psf
Sep 20251,066 sqft · fl 06-10$1.44M$1,353 psf
The rentWhat would it earn?

What it rents for — and if that works

Real rental history — the going median here is about $3.1 psf / month (URA), filled in for your size. Change it if you have a specific number.

The rent you’d get

/mo
2.9% gross yield
Middlingtypical for prime Singapore. The rent offsets some cost, but the returns ride on price growth, not yield. At a typical 75% loan, the rent covers ~68% of the mortgage — you’d top up ~$1,550/mo from your pocket.
Our readSo what should I do?

The price to fight for — and the endgame

No agent, no listing, no one paying us — so we’ll say it plainly, whichever side of the table you’re on, for the size you picked.

If you’re buying

$1.39M

Aim at the middle or below. A patient buyer has been getting closer to $1.34M.

If you’re selling

~$1.45M

List at the top of fair; realistic close is $1.39M–$1.40M unless it’s a high floor.

Why no rush either way: Seller’s Stamp Duty means a buyer can’t sell penalty-free for ~4 years — so you’re holding regardless. That’s your leverage to negotiate down now, not overpay.

The reality check — does the gain even make sense?

Likely worth then$2.28M
Paper gain+$0.89M

Our blunt read: ~$894k over 10 years at this project’s own pace. It works — but forward from a cycle top, treat it as a maybe, not a promise. This is our own POV, not a forecast — the pace is the project’s own (~5.1%/yr), and past pace never promises the future.

Built from URA transactions for Ris Grandeur — an opinion to decide and negotiate with, never a valuation and never financial advice.

If you’re buying — the outlook

Ris Grandeur

Outside Central Region (OCR) · District 18 · ~$1,337 psf · 2.8% yield

own price

Prices are near the top of the cycle, and the government is still cooling it — but cheap loans and steady immigration are holding them up. For Ris Grandeur, its own prices are still climbing. Over a 4-year hold, expect modest growth — not a big jump.

◀ HeadwindsTailwinds ▶

On balance, the wind is leaning to your favour.

!

What it means for you: At ~$1,337 psf, Ris Grandeur is priced below similar new projects nearby — good value against its peers. Its own prices are still climbing (~5.1%/yr over ~5 years). The real watch-out: about 3,113 brand-new units come up for sale in this district — direct competition for when you sell. Buying near the top of the cycle just as that lands can cap your gains. So — use the incoming supply as your reason to negotiate the price down now, don't overpay, and plan to hold past the 4-year stamp-duty window before selling.

The signals behind it

Dots show how much weight each one carries.

Where we are in the cycle

Holds prices back

Prices are near the top — up 33% in 5 years, well above the 4.6%/year long-run pace. Less room left to climb.

This project (Ris Grandeur)

Supports prices

Ris Grandeur's own prices are still climbing — about +4% in the latest year of sales.

Your area vs the rest

Holds prices back

The suburbs (OCR) grew fastest since 2004 — a lot of that gain is already in, so there's more risk it cools from here.

Government cooling measures

Holds prices back

The government is still cooling the market — the latest was SSD back to 4 years at 16/12/8/4% (2025). That caps how fast prices can run.

Home-loan rates

Supports prices

Loan rates are cheap right now (~1.08%) and falling. Easy to carry — which supports prices, but also means more buyers competing with you.

Prices vs salaries

Supports prices

Against salaries, prices aren't expensive by past standards — people can still afford to buy.

New people moving in

Supports prices

Lots of new people keep moving to Singapore (non-residents up ~16% over 5 years) — steady demand for homes and rentals.

New supply nearby

Holds prices back

About 3,113 new units are still unsold in this district — plenty of fresh supply that can hold prices and rents back.

3.1k units
New launches selling

Supports prices

New launches in this district are selling well — 3 recent ones are around 100% sold, so buyer demand here is healthy right now.

100% sold
New land being released

Holds prices back · small effect

The government keeps releasing a lot of new land (~9,200 units this half-year) — more future supply that can weigh on prices years down the road.

Foreign buyers

About neutral · small effect

Foreign buyers are almost gone since the 60% tax (~1.4% of buyers), but the suburbs never leaned on them — so it barely affects you here.

1.4% foreign
Rents at this project

About neutral

Rents at Ris Grandeur have been flat over the last couple of years.

Money ready to spend

Supports prices · small effect

There's more CPF money sitting ready to put toward a home than a few years back — a small support in the background.

The wider economy

Supports prices · small effect

The economy is growing (5% last year) and jobs are steady (1.9% unemployment) — no alarm bells.

Building costs

Supports prices · small effect

Building costs are high (up ~39% since 2010) and still creeping up — developers can't build cheap, which puts a floor under new-launch prices.

Supports pricesHolds prices backNeutral

Built from real public data (URA price index back to 1975, plus rates, immigration, rents, the economy). It prepares you — it never promises a price.

How far could it go — and when?

Is the price high? ~$1,337 psf is ~26% below similar nearby projects (~$1,813). good value

(The whole suburbs average is ~$1,534 psf — but that lumps in older stock, so we compare like with like, not against that.)

What’s realistic here? Its own record and its real neighbours — not the market.

Ris Grandeur has grown ~5.1%/yr over ~5 years. Similar nearby: Parktown Residence 7.4%, Treasure At Tampines 2.1%, Aurelle Of Tampines 15.9%, Tenet 6.6%, Pasir Ris 8 5.2% — a 2.115.9%/yr spread (most around 6.6%).

market ~4.6%
Ris 5.1%
0%/yr4%8%/yr

You can’t sell for ~4 years without a penalty. Seller’s Stamp Duty is 16/12/8/4% in years 1–4, then 0% — so the honest question is what happens from year 4 on.

What price per sqft are you hoping to sell at one day?

$psf
Yes, by the time you can sell
Sell earliest (yr 4):at its own ~5.1%/yr, ~$1,631/sqft by year 4 — already past your target.
Likely hits it:about year 3 at its own ~5.1%/yr pace.
Best case:if it ran like its best neighbour (Aurelle Of Tampines, ~15.9%/yr), about year 2.

Our own read, not financial advice. We don’t predict a price — we show what your target would need, and when, against what this project and its real neighbours have actually done.

Median price

$1,515,000

2021–2026 (URA)

Appreciation

5.1%/yr

median trend

Gross yield

2.8%

~$3.1/psf rent

Lease

Freehold

Ris Grandeur median price per sqft, by year

2021$1,060 psf
2022$1,166 psf+10%
2023$1,262 psf+8.2%
2024$1,267 psf+0.4%
2025$1,286 psf+1.5%
2026$1,337 psf+4%

Median PSF of actual URA transactions each year, with year-on-year change.

Does Ris Grandeur fit your budget?

GrowKaki models the real take-home — net of stamp duty, agent fee, mortgage interest and CPF — for the exact unit your budget reaches, then hands you to an agent when you’re ready.

Plan your purchase →

Units for sale at Ris Grandeur

Questions people ask about Ris Grandeur

Is Ris Grandeur freehold or leasehold?

Ris Grandeur is a freehold development in District 18 (Outside Central Region (OCR)). Freehold means there is no lease running down.

How much does Ris Grandeur cost per square foot?

Recent transactions at Ris Grandeur are around $1,337 psf. Across its record, transacted prices range from $1,045,000 to $2,988,000.

Which primary schools are near Ris Grandeur?

Within 1 km (top Primary 1 priority): Park View Primary School (0.43 km), Elias Park Primary School (0.56 km), Meridian Primary School (0.61 km). Within 1–2 km: Angsana Primary School, Tampines North Primary School, Casuarina Primary School. Distances are straight-line — the basis MOE uses for P1 priority.

Which MRT station is nearest Ris Grandeur?

The nearest MRT is Pasir Ris MRT, about 1.0 km away (straight-line).

Has Ris Grandeur gone up in value?

Across 47 URA-recorded transactions (2021–2026), prices at Ris Grandeur have moved about 5.1% a year on average, with a gross rental yield near 2.8%. That is a past record, not a forecast.

What condos are comparable to Ris Grandeur?

Within a short walk: Belysa, Livia, Oasis @ Elias, Nv Residences, Aurelle Of Tampines. These are the honest yardstick for its price and growth — closer and more alike than any whole-market average.

Is Ris Grandeur a good buy?

Ris Grandeur sits in Outside Central Region (OCR). Whether it is right for you depends on your budget, purpose and holding period — GrowKaki models the net take-home after stamp duty, agent fee and CPF. This is independent research, not advice, and a fair price is not automatically a good buy.

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