STRATUM

ELIAS ROAD
RESALE CONDODistrict 18
Pasir Ris MRT · 13 min walk (1008m)OCR99 yrs lease commencing from 2012
Gross Yield
3.8%
District avg: 3.5%
Median Rent
$3,583
per month
Total Units
380
2Y PSF Change
+2.6%
31 txns in 24m
vs District
-1%
D18 median: $1,363
Lease Remaining
85 yrs
99 yrs lease commencing from 2012
Median PSF
1,314
18.4% QoQ
Total Sales
127
since 2021-03
Price Range
$560k$2.3M
all-time
Unit Size
905 sqft
Floors 11
PSF MOVEMENT ALERT — 2026-Q1
Median PSF rose 18.4% quarter-on-quarter (from $1,275 in 2025-Q4 to $1,509 in 2026-Q1). Only 2 transactions this quarter — the move likely reflects thin volume rather than a trend shift.

UrbanLens Analysis

At $1,355 PSF, STRATUM prices 1% below the District 18 median. Compare that to PARKTOWN RESIDENCE at $2,363 PSF -- a 43% premium that buyers need to justify. The 13-minute walk to Pasir Ris MRT (1008m) is workable, though not the kind of proximity that commands a premium on its own.

Prices have essentially flatlined over two years (+2.6%), suggesting a market in equilibrium. 31 transactions over two years gives deep liquidity and reliable pricing signals. For context, THE TAPESTRY has gained 3.8% over the same period.

With ~85 years on a 99-year lease, financing and CPF remain fully unconstrained. Lease decay is a non-issue at this stage. At 3.8% gross yield versus the OCR average of 3.4%, rental returns are above-market. The $3,583/month median rent makes this genuinely compelling for income investors.

With 380 units, amenities are comprehensive and resale liquidity is generally healthy, though price compression can occur when too many sellers list simultaneously.

Nearby Comparables

DevelopmentMedian PSFYield2Y Change
PARKTOWN RESIDENCE$2,3630.0%
AURELLE OF TAMPINES$1,7690.0%
TREASURE AT TAMPINES$1,7383.7%+5.6%
THE TAPESTRY$1,7043.9%+3.8%
MELVILLE PARK$9194.2%+3.7%

PSF Trend

Quarterly
1,297
2024-Q2
1,445
2024-Q3
1,252
2024-Q4
1,314
2025-Q1
1,460
2025-Q2
1,403
2025-Q3
1,275
2025-Q4
1,509
2026-Q1

Recent Transactions

Data refreshed monthly · Last transaction: Feb 2026
DatePriceSizePSFFloor
Feb 2026$705,000431 sqft$1,63701-05
Jan 2026$1,130,000818 sqft$1,38101-05
Dec 2025$1,200,000947 sqft$1,26701-05
Oct 2025$1,070,888764 sqft$1,40101-05
Oct 2025$2,250,8881,765 sqft$1,27501-05
Jul 2025$1,540,0001,098 sqft$1,40301-05
Jun 2025$2,090,0002,443 sqft$85501-05
May 2025$1,425,0001,098 sqft$1,29801-05
May 2025$660,000452 sqft$1,46001-05
May 2025$680,000452 sqft$1,50401-05
Showing 10 of 127 transactions

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