SEA HORIZON

[
    {
        "persona": "HDB Upgrader (Singapore Citizen couple, combined income above EC ceiling)",
        "fit_color": "green",
        "reason": "Sea Horizon is fully privatised — no income ceiling, no EC-specific restrictions. A citizen couple upgrading from an HDB flat will face no ABSD on a first concurrent private property purchase if the HDB is sold, making this an attractive entry into condo-grade living with a waterfront setting at a meaningful psf discount to nearby private condos. The MOP is served so they can move in immediately."
    },
    {
        "persona": "Investor seeking OCR rental yield",
        "fit_color": "yellow",
        "reason": "The 3.4% gross yield is adequate but not exceptional for the current rate environment. Investors should benchmark against newer OCR launches and weigh the lease decay trajectory. The CRL catalyst offers a medium-term appreciation thesis but the timeline is long. Best suited to patient investors with a 7–10 year horizon who can absorb the carry cost while waiting for the connectivity upgrade to be priced in."
    },
    {
        "persona": "Young family prioritising space, greenery, and school proximity",
        "fit_color": "green",
        "reason": "Pasir Ris is well-served by primary schools within 1–2 km (Casuarina Primary, Coral Primary, Elias Park Primary), and the neighbourhood character — Pasir Ris Park, coastal cycling paths, Downtown East, and resort-style facilities at Sea Horizon — is ideal for families with young children. Larger EC units (1,400–1,600 sq ft four-bedders) offer genuine space that is difficult to replicate at equivalent psf in more central districts."
    },
    {
        "persona": "PRs or foreigners seeking resale EC",
        "fit_color": "green",
        "reason": "Sea Horizon crossed the 10-year mark from its TOP date in 2026, making it eligible for purchase by foreigners and Permanent Residents without restriction (beyond the standard ABSD). PRs face a 5% ABSD but avoid the steeper rates applicable to new private launches; foreigners considering Singapore property as a long-term hold will find the pricing more accessible than CCR alternatives while still capturing a genuine waterfront lifestyle address."
    },
    {
        "persona": "Near-retiree or empty-nester downsizing from a larger landed home",
        "fit_color": "yellow",
        "reason": "The eastern location and resort feel are appealing, and the condo facilities reduce the maintenance burden of landed living. However, buyers in this demographic should carefully model lease decay against their expected holding period and evaluate whether CPF OA funds can service the purchase comfortably given the 87-year remaining tenure. Run projections with the <a href=\"/calculator/affordability\">affordability calculator</a> before committing."
    },
    {
        "persona": "First-timer Singapore Citizen below the EC income ceiling buying new",
        "fit_color": "red",
        "reason": "Sea Horizon is a resale EC and no longer eligible for CPF Housing Grants, HDB loans, or first-timer EC eligibility benefits. Buyers in this category should instead consider new EC launches where they can access the family grant (up to S$30,000), a lower launch price, and the CPF-Enhanced Housing Grant (EHG). Sea Horizon competes on lifestyle and immediate occupancy, not subsidised new-launch economics."
    }
]