Sea Horizon

D18 (OCR) 99 yrs lease commencing from 2013

Sea Horizon is a 99-year leasehold executive condominium located in District 18 (Tampines, Pasir Ris), part of the Outside Central Region (OCR). Completed in 2016, the development comprises 495 units, on a lease that commenced in 2013. Sale and rental figures on this page are compiled from URA transaction records.

District 18 ·99 yrs lease commencing from 2013 ·Completed 2016
~$1,304 Avg PSF (12-month)
3.7% Rental yield
495 Total units
Category Ratings
Facilities
7.0
Unit size & layout
7.5
Value for money
7.0
Neighbourhood
7.5
MRT accessibility
4.0
Lease remaining
6.5

Overview & Key Facts

Sea Horizon sits at Pasir Ris Rise in District 18 — a quiet private residential enclave framed by low-rise housing on one side and Pasir Ris Park on the other. Developed jointly by Hao Yuan Development Pte Ltd and Sustained Land Pte Ltd, the project obtained its Temporary Occupation Permit in November 2016, completing a site that Hao Yuan won from HDB in November 2012 with a $207 million bid for the 27,660 sqm parcel.

It is an Executive Condominium — a distinctly Singaporean hybrid tenure that starts life with HDB eligibility rules and MOP restrictions, then transitions progressively into full private property status. Sea Horizon’s five-year Minimum Occupation Period was fulfilled in 2021, and its full privatisation — the lifting of nationality restrictions on buyers, opening the resale market to foreigners and corporate purchasers — falls due in November 2026. This milestone places Sea Horizon among the 11 ECs set to be fully privatised in 2026, a cohort that analysts expect to attract renewed buyer interest ahead of and after the date.

The project’s defining physical feature is its orientation. AGA Architects placed the 12 residential blocks (10 to 13 storeys) in a staggered U-formation on a site elevated 5 metres above Pasir Ris Drive 4 and 8 metres above Jalan Loyang Besar, so that the development looks northward over the low-rise neighbourhood and beyond to the Straits of Johor. Approximately 60–85% of the 495 units capture some degree of sea view — the figure most cited in marketing was 60%, with the higher estimate covering partial coastal outlook. For a heartland EC priced well below the CCR, that proportion of sea-facing units is unusual and remains the development’s strongest differentiator.

Developer
HAO YUAN DEVELOPMENT PTE LTD
Tenure
99 yrs lease commencing from 2013
Total units
495
TOP year
2016
District
18 — OCR
Street
PASIR RIS RISE
Lease remaining
~86 years (of 99)

Location & Connectivity

Sea Horizon occupies a genuinely unusual position in Singapore’s residential geography. It is not particularly central — District 18 is emphatically the East — but within the East, the site benefits from a rare combination of beach proximity, park adjacency, and a self-contained neighbourhood feel that most suburban condominiums cannot replicate. Pasir Ris Park and Beach are a five-minute walk from the development’s perimeter, and Downtown East (E!Hub, Wild Wild Wet, Costa Sands) is a three-minute walk.

The MRT picture is less favourable. Pasir Ris MRT station on the East West Line is approximately 1.1 km away — a 15 to 20-minute walk in Singapore’s climate, or a short two-stop bus ride via Bus 3, 5, 6, or 89. From Pasir Ris MRT, City Hall is about 27 minutes by train. The station itself is an end-of-line terminus for the EWL, which means trains are almost always available, but passengers heading to the western or central parts of the island face relatively long journey times. Car-owning residents report a more comfortable picture: the TPE, ECP, and PIE are all accessible within minutes, placing the CBD roughly 20–25 minutes away during off-peak hours and the Tampines Regional Centre under 10 minutes.

For everyday errands, the neighbourhood is well-served. White Sands Shopping Centre and Pasir Ris Mall are adjacent to the MRT station — about a 10-minute bus ride. Elias Mall and the Loyang Point cluster are closer for lighter grocery runs. Casuarina Primary School and Pasir Ris Primary School are both within 5 minutes on foot, making Sea Horizon an appealing address for families navigating the Primary 1 balloting system.

Privatisation timing note
Sea Horizon reached its 5-year MOP in 2021 and achieves full privatisation (open to foreign buyers) in November 2026. Buyers acquiring resale units in 2025–2026 are entering just ahead of the widened buyer pool — which historically correlates with a transaction uptick and price premium for ECs approaching or crossing the 10-year mark.

The private residential enclave surrounding Sea Horizon is a meaningful quality-of-life advantage. Unlike many ECs adjoining HDB blocks, the immediate neighbourhood on the Pasir Ris Rise side consists of landed homes and low-density housing — resulting in lower human traffic, quieter roads, and an overall atmosphere that feels closer to a private estate than a public housing precinct. It is one reason residents consistently describe Sea Horizon as “peaceful” despite being only minutes from Downtown East and the MRT bus interchange.


Schools & Education

2 primary schools within the 1 km Priority Phase balloting radius.

Nearby Schools
SchoolTypeDistance
Pasir Ris Crest Secondary SchoolsecondaryWithin 1 km
Stamford American International SchoolinternationalWithin 1 km
Pasir Ris Primary SchoolprimaryWithin 1 km
Meridian Primary SchoolprimaryWithin 1 km
Meridian Secondary SchoolsecondaryWithin 1 km
Elias Park Primary Schoolprimary~1.0 km
Brighton College (Singapore)international~1.1 km
Pasir Ris Secondary Schoolsecondary~1.1 km

Facilities

Sea Horizon offers 26 on-site facilities across a 27,660 sqm land area — a generous plot-to-unit ratio for a 495-unit project. The focus is on resort-style amenities: a lap pool, a free-form leisure pool, a children’s wading pool, a dip pool, spa pools, and an outdoor lounge deck form the core aquatic offering. A sky clubhouse sits elevated above the carpark podium, housing a gym, dining facilities, and a lounge area with views towards the coast. On-ground amenities include a tennis court, outdoor fitness stations, children’s play areas, BBQ/grill pavilions, poolside pavilions, and themed Scandinavian-inspired gardens.

The facilities are adequate and well-maintained for an EC of this age and price tier, though they do not match the sheer scale or variety found in larger mega-condominiums like The Minton or the newer Treasure at Tampines. There is no indoor air-conditioned sports hall, no dedicated co-working or function suite, and no childcare centre within the compound. What residents get instead is an outdoor-heavy, nature-integrated environment that takes advantage of the surrounding greenery rather than attempting to replicate it artificially.

“Love the sea views from the pool deck. The facilities are clean and well-maintained and the surroundings are very peaceful — you forget you’re in Singapore.”

— Resident review via EdgeProp

One practical caveat noted by residents involves management enforcement around carparking: owners with second vehicles have reported strict wheel-clamping even when grey lots are full and white lots lie empty overnight, drawing criticism for inflexibility. While not unique to Sea Horizon, it is the most consistently cited operational complaint in resident feedback. Outside of this issue, facility upkeep is generally rated positively for a development a decade old.


Unit Sizes & Layout

Sea Horizon’s 495 units span a range of configurations that is broad for an EC: 22 two-bedroom units (764–861 sqft), 187 three-bedroom units (1,033–1,356 sqft), 168–173 four-bedroom units (1,249–1,389 sqft), 92 five-bedroom units (1,485–1,615 sqft), 5 garden duplex units (1,722 sqft), and 21 penthouses. The absence of the ultra-small “shoebox” units that define many post-2015 private launches is notable — EC eligibility rules, which require buyers to be families or at least a couple purchasing their first property, naturally push unit mix towards larger multi-room configurations. Floor plans span 67 types, offering considerable variety within each bedroom category.

Interior finishes are consistent with the EC mid-market positioning: marble flooring in living areas, timber-effect flooring in bedrooms, solid-surface kitchen countertops, built-in wardrobes in bedrooms, and a standard appliance package (hob, hood, microwave). The key design choice that stands out is the use of shallow French balconies rather than deep traditional balconies — a deliberate decision to allow full-height French windows that open to create an unobstructed visual connection with the sea view, rather than a recessed balcony that would interrupt sightlines from within. For units with coastal orientation, this is a meaningful architectural choice.

Stack selection tip
North–facing stacks (towards Pasir Ris Park and the sea) command the strongest resale premiums and rental demand. Corner master bedrooms on these stacks capture sea views on two sides. Stacks facing inward or east towards Pasir Ris Drive 3 are quieter from a sea-view perspective but benefit from afternoon shelter. The five garden duplexes on the ground level offer private garden space — a rare asset for EC buyers who would otherwise look at landed homes.

Unit layouts are generally well-received for functional liveability: no wasted bay windows, all bedrooms fit at least a queen-sized bed, and kitchens are open-plan to the living area in most configurations. The 4- and 5-bedroom units at 1,249–1,615 sqft represent strong value relative to comparably sized private condominium units nearby, which would command a significant PSF premium for no materially better layout or finish.

Unit Mix (from transaction data)
BedroomsTransactionsAvg PSFAvg Price
2 BR17$1,120$886,393
3 BR103$1,166$1,426,096
4 BR39$1,189$1,822,456

Pricing & Market Position

Across 159 recorded transactions (all-time), sale prices range from $723,000 to $2,450,000, averaging $1,465,612.

Over the last 12 months, transactions averaged $1,304 psf.

Rents range from $2,500 to $6,500 per month across 88 rental transactions. Current rental yield sits at approximately 3.7%.

SEA HORIZON sits at the 1st percentile of District 18 condo PSF.

Rental Yield by Bedroom Type

Blended yield hides the spread between unit sizes — smaller units at SEA HORIZON typically rent harder per dollar of purchase price. The final column shows monthly rent per $100,000 invested, so unit sizes compare on equal capital:

Per-bedroom gross yield at SEA HORIZON
TypeAvg RentAvg PriceGross YieldRent per $100k
2 BR$3,230/mo$886,3934.37%$364/mo
3 BR$4,414/mo$1,426,0963.71%$310/mo
4 BR$4,593/mo$1,822,4563.02%$252/mo

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Price Appreciation

From 2021 to 2026, the average PSF has appreciated by 28.6% (from $1,024 to $1,317 psf).

2024
+7.7%
$1,292 psf
2025
-1.3%
$1,275 psf
2026
+3.3%
$1,317 psf

The latest reading marks the highest point in this series — SEA HORIZON prices have climbed 28.6% since 2021.

Price Index Check

The ShiokNest Price Index for District 18 reads 132.9 as of June 2026 — down 3.5% year-on-year. The index tracks repeat-sales price movement, so it is less distorted by shifts in what happens to be transacting than a raw average PSF.

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Neighbourhood Comparison

The two most commonly cited comparisons for Sea Horizon resale buyers are Treasure at Tampines and Tenet EC, both in the wider east-side sub-market.

Treasure at Tampines is a private condominium (not an EC) — 2,203 units, completed 2023, located near Tampines MRT. Its sheer scale gives it strong rental liquidity and a diverse sub-sale market, but at approximately $1,500–$1,600 psf it commands a meaningful premium over Sea Horizon’s current $1,250–$1,460 psf range. Buyers choosing Treasure are trading the EC pricing discount and coastal setting for private status from day one and MRT proximity. Unit sizes at Treasure are also generally smaller than Sea Horizon’s 4- and 5-bedroom configurations.

Tenet EC (Tampines North, 618 units, launched 2022 at ~$1,384 psf average, TOP expected 2027) is the closest EC peer in terms of asset class but is a different vintage and location. Tenet benefits from proximity to the upcoming Cross Island Line and Tampines North’s development upside, but buyers are paying new-launch EC prices and accepting a 5-year MOP clock. Sea Horizon, by contrast, is immediately liquid for SC/PR buyers today and open to all buyers from November 2026.

The upcoming Coastal Cabana EC (Pasir Ris, new launch 2025, estimated from ~$1,438M for a 3-bedroom) is Sea Horizon’s most direct sub-market competition — a newer EC at the same Pasir Ris precinct but with a fresh 99-year lease and a new-launch premium. Buyers who prefer a clean lease and modern specifications will gravitate toward Coastal Cabana; those seeking proven value, sea-view heritage, and the imminent privatisation catalyst will find Sea Horizon the more compelling resale proposition at the current price gap.

District 18 Comparables
DevelopmentTenureTOPUnits~Avg PSF
SEA HORIZON99 yrs lease commencing from 20132016495$1,304
TREASURE AT TAMPINES99-year leasehold20232,203$1,593
PARKTOWN RESIDENCE99 yrs lease commencing from 202320251,193$2,367
AURELLE OF TAMPINES99 yrs lease commencing from 20242025760$1,769
TENET99 yrs lease commencing from 20212022618$1,386
RIVELLE TAMPINES99 years leasehold$1,933

Lease Decay Analysis

The 99-year lease runs from 2013, meaning approximately 13 years have already been consumed. Roughly 86 years remain — still comfortably within the range where most banks will offer full financing without restrictions.

Lease Milestones
YearLease remainingImplication
2026 (now)~86 yearsFull bank financing available
2043~69 yearsCPF usage still unrestricted for most buyers
2052~59 yearsApproaching 60-year threshold — CPF limits begin for some
2072~39 yearsSignificant financing restrictions for next buyer
2112ExpiryLease reverts to state

For a buyer purchasing today with a 10-year horizon (exit around 2036), the lease situation is essentially a non-issue — you’d be selling a property with ~76 years remaining, which is still very bankable. The risk profile changes for longer holds.


ShiokNest Scores

Our proprietary scoring system evaluates SEA HORIZON across multiple dimensions.

Walkability
78/100
MRT: 8/25, School: 20/20, Hawker: 10/15, Mall: 15/15, Park: 10/10, Supermarket: 10/10, Clinic: 5/5
Investment
61/100
+2.1% YoY ·3.4% yield ·29 txns/yr ·86 yrs left ·1.13 km to MRT ·-3.0% district YoY ·En-bloc 18/100
Profitability
68/100
Win rate: 94 — 36 transaction pairs, 94% profitable, avg +$201,120
En-Bloc Potential
18/100
Verdict: Low
Overall ShiokNest Score
59/100 — composite of walkability, investment, profitability, en-bloc, and market trend factors.

What Residents Say

“Great sea views from the north-facing units. Very peaceful neighbourhood — surrounded by private housing so it doesn’t feel like a typical heartland EC. The beach and park are literally a 5-minute walk.”

— Resident review via EdgeProp

“Facilities are decent. Pool area has a nice feel. Managed well overall. Only gripe is the carpark management — very aggressive with the wheel clamp, even when white lots are empty.”

— Resident review via PropertyGuru

“MRT is the main issue. If you’re not driving, be prepared for a bus ride every day. But if you work from home or drive, the location and views more than compensate. Downtown East is on your doorstep.”

— Resident review via 99.co

The pattern across review platforms is consistent: residents who drive are overwhelmingly positive about the living experience — coastal views, green surroundings, good access to east-side amenities, and a quiet private enclave atmosphere. Residents reliant on public transport are more ambivalent, with the MRT distance surfacing repeatedly as the primary friction point. Management receives generally positive marks for facility upkeep, with the one persistent exception being carparking enforcement, which draws notably strong reactions in online reviews.


Strengths & Weaknesses

Strengths
  • 60–85% of units have sea views toward Pasir Ris Park and Straits of Johor
  • Elevated site orientation — blocks positioned to maximise coastal outlook
  • Full privatisation milestone arrives November 2026 — opens resale to foreigners
  • 54–83% capital appreciation since 2013 launch ($800 psf → $1,250–$1,460 psf)
  • Private residential enclave — no HDB blocks adjacent, quiet atmosphere
  • 5-minute walk to Pasir Ris Park, Beach, and Park Connector Network
  • 3-minute walk to Downtown East / Wild Wild Wet / E!Hub
  • Large unit sizes — 4-BR at 1,249–1,389 sqft, 5-BR at 1,485–1,615 sqft
  • French balcony design allows unobstructed full-height sea views from within units
  • Zero unprofitable resale transactions recorded to date
  • Strong east-side rental demand from Tampines/Changi Business Park and Changi Airport workforce
Weaknesses
  • Pasir Ris MRT 1.1 km away — 15–20 min walk or bus required for daily commuters
  • 99-year lease from 2013 — ~86 years remaining, lease decay will matter from 2040s
  • Parking management cited as inflexible — wheel-clamping complaints from residents
  • Facilities scope modest vs larger mega-condos — no indoor sports hall or childcare
  • End-of-line EWL station limits westward connectivity without interchange
  • CBD journey time 35–45 min by public transport
  • Lowest PSF growth among 2026 privatisation cohort (54.7% since launch)
  • No top-tier primary school within 1 km for priority P1 balloting
  • Limited food and retail options within immediate 5-minute walk radius

Who This Actually Suits

The profile fits car-owning households, wfh / hybrid workers and sea-view / waterfront best. Parking and arterial road access matter more here than walking-distance MRT.

mrt-walkable commuters should probably look elsewhere. MRT proximity is the standout commute feature for daily transit users.


Verdict

Sea Horizon makes the most compelling case for buyers who place genuine weight on lifestyle quality over commute convenience. In the Pasir Ris precinct, nothing else — existing or upcoming — combines elevated coastal views, a private residential setting, Pasir Ris Park access, and a tested track record of capital appreciation in one development. For a family that owns a car and works in the east or from home, the MRT gap recedes as a practical constraint and the location upside becomes the dominant factor.

The investment case is also evolving. Sea Horizon launched at approximately $800 psf in 2013. By 2025 it was transacting at $1,250–$1,460 psf — a gain of roughly 54–83% over 12 years, broadly in line with the EC asset class and ahead of most equivalent-vintage 99-year private condos. With full privatisation arriving in November 2026, the resale market opens to foreigners for the first time, historically associated with an uplift in both transaction volume and achieved prices. Analysts tracking the cohort of 11 ECs privatising in 2026 have highlighted Sea Horizon as one of the two with current PSF below $1,300 — suggesting room to close the gap with fully-private neighbours as the restriction lifts.

The counterpoints are real but not disqualifying. The MRT is genuinely far for daily commuters reliant on public transport. The East West Line serves the route, but the total journey time to Marina Bay or Orchard is 35–45 minutes with interchange waits — a commitment that not everyone can accept long-term. And as an EC with a 99-year lease from 2013, buyers taking a 15–20 year view should model the lease decay curve as the development enters its 30s and 40s.

Who is this for? East-siders upgrading from an HDB, families that value beach proximity and greenery over CBD access, car-owning households where commute time is manageable, and investors timing entry ahead of the November 2026 privatisation milestone. It is emphatically not the right address for daily MRT commuters to the CBD or buyers who prioritise school catchment for top-tier primary schools above all else.

HDB Alternatives Nearby

Weighing SEA HORIZON against staying public? These HDB towns sit within walking or short-drive distance:

  • Pasir Ris — 4-room average $655,465 (200m away), an upgrader gap of about $800,000
  • Tampines — 4-room average $683,199 (1.4 km away), an upgrader gap of about $800,000

Frequently Asked Questions

Has Sea Horizon EC been fully privatised?
Sea Horizon EC obtained its TOP in November 2016. It completed its 5-year Minimum Occupation Period in 2021, after which units could be resold to Singaporeans and Permanent Residents. Full privatisation — allowing resale to foreigners and corporate buyers — is scheduled for November 2026, ten years after TOP. As of April 2026, this milestone is imminent.
How far is Sea Horizon from Pasir Ris MRT station?
Pasir Ris MRT station (East West Line) is approximately 1.1 km from Sea Horizon — a 15 to 20-minute walk, or a 2-stop bus ride via services 3, 5, 6, or 89. From Pasir Ris MRT, City Hall is about 27 minutes by train.
What is the current resale price range at Sea Horizon?
Based on recent transactions, Sea Horizon resale units range from approximately S$1,217 to S$1,549 psf, with an average around S$1,275–$1,295 psf. Absolute prices range from S$1,000,000 to S$2,450,000 depending on unit type and floor.
What percentage of Sea Horizon units have sea views?
Approximately 60% of units are marketed as having a sea view toward Pasir Ris Park and the Straits of Johor. Some developer estimates put the partial-view proportion higher at 85%. North-facing stacks offer the clearest coastal outlook; corner master bedrooms on those stacks capture views on two sides.
How does Sea Horizon compare to Coastal Cabana EC?
Both are EC developments in Pasir Ris with coastal positioning. Coastal Cabana (new launch 2025) offers a fresh 99-year lease and modern specifications but at new-launch pricing from approximately $1,438M for a 3-bedroom. Sea Horizon offers an immediate resale market (MOP fulfilled), proven price appreciation, and the November 2026 privatisation catalyst at a current PSF discount. The choice depends on lease preference and budget.
What is the capital appreciation history of Sea Horizon EC?
Sea Horizon launched in September 2013 at approximately $800 psf. By 2025 it was transacting at $1,250–$1,460 psf, reflecting a gain of 54–83% over roughly 12 years. Zero unprofitable resale transactions have been recorded to date, a track record consistent with the broader EC asset class.
Data as of July 2026

Latest recorded data point: Jul 2026 · 159 records analysed · Source: URA private-sale caveats