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Belysa - New Pasir Ris Executive Condo

Launching in May 2011 !!!
Mins drive to the coastline, where you can stroll, jog, cycle or skate along the beautiful beach. You can also have tons of fun at the nearby Downtown East. With Pasir Ris MRT station just about 10 - 15 minutes walk and 3 bus stops away, you can travel easily around Singapore.
Developer : Pasir Ris EC Pte Ltd
(NTUC Choice Homes & CEL Development)
Location : Pasir Ris Drive 1 / Elias Road
Site Area : 15,142.2 sq m/ 162,990.64sqft
Number of units: 315
Lease Term : Leasehold 99 years wef 24 January 2011
Expected TOP :     15 Oct 2014
Unit Type :
  • 3 bedrooms (Compact) : 64 units (864sqft - 1,270sqft)
  • 3 bedrooms : 142 units (965sqft - 1,580sqft)
  • 3 bedrooms suite : 17 units (1,129sqft - 1,500sqft)
  • 3+study : 32 units (1,110sqft - 1,490sqft)
  • 4 bedrooms : 34 units (1,370sqft - 1,860sqft)
  • 4 bedrooms suite : 17 units (1,430sqft - 1,950sqft)
  • Penthouse : 9 units (1,280sqft - 1,880sqft)
  • Facilities : 3 blocks of 16 & 18 storey Executive Condominium development with full facilities including 50m lap pool, lounge pool, hammock lawn, spa pool, aqua gym, clubhouse etc

    147 of 315 units snapped on first day of sales


    147 of the 315 Belysa in Pasir Ris were snapped by 5pm yesterday, the first day of sales

    First executive condo in Pasir Ris since 2002

    By Lip Kwok Wai | Posted: 20 May 2011 2220 hrs

    SINGAPORE : NTUC Choice Homes has launched its first executive condominium (EC) in Pasir Ris since 2002.

    New EC at Pasir Ris to aid three—generational living Belysa was open for viewing from Friday till next Monday. Sales bookings will open from May 25.

    As at 6pm on Friday, about 86 applications were received - nearly a third of the 315-unit development.

    The condo which is located near the Pasir Ris MRT station will boast a full range of condominium facilities.

    The 3-bedroom units range from 829 to 1,216 square feet and will cost between S$574,000 and S$841,000.

    The biggest 4-bedroom unit is about 1,420 square feet, costing S$952,000.

    The developer said demand is rising for bigger units.

    Catherine Wang, senior market manager, NTUC Choice Homes, said: "We do see an increasing trend from the first and second timers when they actually come in to buy a unit in the EC.

    "They are actually asking for 3 or 4 bedders. The reason we have actually found out is, basically, they said the families want to stay together - so the multi-gen families, they probably need a bigger unit space."

    New EC at Pasir Ris to aid three—generational living
    New EC at Pasir Ris to aid three—generational living
    THREE-GENERATIONAL living will be championed in the first executive condominium (EC) to be launched this year.
    The 315-unit Belysa project inPasir Ris, at the junction of Pasir Ris Drive 1 and Elias Road, will be offering only three- and four-bedroom apartments.

    It is a joint venture between NTUC Choice Homes (NCH) and CEL Development, and will be priced at an average of $670 per sq ft (psf).

    This means that an 829 sq ft three-bedroom unit will start from $574,000 while a 1,335 sq ft four-bedder will be priced from $882,000. The largest four-bedroom suite of 1,421 sq ft sits under $1 million, starting at $923,000, both firms said in a release yesterday.

    Private condo NV Residences in Pasir Ris was launched in September last year at an average selling price of $830 psf.

    The developers said only three- and four-bedders were being offered after "taking into consideration the challenges of Singapore's changing demographics And a growmg preference among young married couples to live in the same estate as their parents"

    The demand for three-generation living is also expected to spill over from the HDB to the private sector, they added.

    NCH chief executive Margaret Goh said these options will be attractive to young families planning for the long term as it allows three-generational living.

    Experts said demand is expected to be healthy as ECs cater to the so-called sandwich class - those with a household income of $8,000 to $10,000 - and unable to afford mass-market homes. It is unclear though how the review of the $8,000 income ceiling for HDB build-to-order flats might affect EC demand in the future, they added.

    Mr Cohn Tan, research and consultancy director at real estate firm Chesterton Sun- tee International, said: "There is also a pent-up demand from upgraders. TI buyers are unable to buy private homes, then the next form of upgrading is through ECs."

    ECs come with condo-like facilities and are an upmarket hybrid of public and private housing.

    Frasers Centrepoint's Esparina Residences near Buangkok MRT Station was the first EC to be launched in October last year after a drought of five years at an average price of $730 to $750 psf.

    This was swiftly followed by The Canopy in Yishun, Prive in Punggol and Austvffle Residences in Sengkang.

    Belysa - sited on a 99-year-leasehold 162,991 sq ft land parcel - will offer both the normal and deferred payment scheme. Viewing and applications will open tomorrow.

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    Do not miss this exciting new project, register your interest with us and we will update you with the launch details.

    Contact no:
    Household income:
    First Timer:  Yes      No
    Preferred Unit Type:
    3 bedrooms (Compact) : 64 units (864sqft - 1,270sqft)
    3 bedrooms : 142 units (965sqft - 1,580sqft)
    3 bedrooms suite : 17 units (1,129sqft - 1,500sqft)
    3+study : 32 units (1,110sqft - 1,490sqft)
    4 bedrooms : 34 units (1,370sqft - 1,860sqft)
    4 bedrooms suite : 17 units (1,430sqft - 1,950sqft)
    Penthouse : 9 units (1,280sqft - 1,880sqft)

    Belysa is Fully Sold !!!

    Register your interest for upcoming Executive Condos.

    Latest Updates

    30th June 2011
    100% Sold!!!

    15th June 2011
    About 60% Sold. Last weekend for 1st Timer priority booking. 2nd Timer who are interested to book a unit, please do an e-application to qualify for the second round of balloting. Make an appointment now 9012 2228.

    27th May 2011
    147 of 315 units sold during the first day of sales (25 May 2011), penthouse fully sold.

    2nd timer quota are filled for now. 2nd timer, please contact developer sales team (9012 2228) to be informed of the 2nd launch.

    19th May 2011
    Indicate Price range
    Belysa indicative price range

    12th May 2011
    Confirmed e-application and balloting dates:

    E-Application Date:
    20 – 23 May 2011 (Friday – Monday)

    Balloting & Booking Date:
    25 May 2011 (Wednesday)

    Special benefits to Belysa purchasers who are NTUC Union Members

    • One-time Credit of 55,000 LinkPoints
    • Free Refrigerator and Free Washing Machine

    3rd May 2011
    E-Application Date: 13 – 17 May 2011

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    Belysa Building View - nice building facade

    Belysa Swimming Pool View - 50m lap pool

    Belysa Spa Pool View - Enjoying spa with your home

    Belysa Sunken PES - an unique feature of patio units

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