Ocean Front Suites
Ocean Front Suites is a 946-year leasehold condominium located in District 17 (Changi, Loyang), part of the Outside Central Region (OCR). Completed in 2016, the development comprises 58 units, on a lease that commenced in 1937. Sale and rental figures on this page are compiled from URA transaction records.
OCEAN FRONT SUITES
Over the 12 months to Dec 2024, Ocean Front Suites recorded 13 rental contracts at a median $2,300/mo. Source: URA caveat data, as of Dec 2024.
| Date | Price | PSF | Size (sqft) | Floor | Type |
|---|---|---|---|---|---|
| Dec-24 | $660,000 | $1,614 psf | 409 sqft | 01 to 05 | Studio |
| Feb-24 | $1,638,000 | $1,492 psf | 1,098 sqft | 01 to 05 | 3BR |
| Jun-23 | $635,000 | $1,552 psf | 409 sqft | 01 to 05 | Studio |
| May-23 | $628,000 | $1,577 psf | 398 sqft | 01 to 05 | Studio |
| May-23 | $610,000 | $1,532 psf | 398 sqft | 01 to 05 | Studio |
| Apr-23 | $625,000 | $1,528 psf | 409 sqft | 01 to 05 | Studio |
| Feb-23 | $620,000 | $1,516 psf | 409 sqft | 01 to 05 | Studio |
| May-22 | $595,000 | $1,494 psf | 398 sqft | 01 to 05 | Studio |
En-Bloc Potential
A heuristic read of land/redevelopment fundamentals — not a prediction that a collective sale will happen. Whether one succeeds hinges on owner consent, reserve-price expectations, and market timing. Only ~1 in 10 en-bloc attempts complete, and realised premiums have averaged ~14% (owners often expect 40%+). For an ageing leasehold, weigh this against near-certain lease decay while you wait.