Ripple Bay, nestled in Pasir Ris Link District 18, is a 99-year leasehold beachfront condominium comprising 679 residential units across seven 13-storey towers. Developed by MCL Land Limited, this property is perfect for those who love nature, particularly the beach and park as you can get there by foot in five minutes. On top of that, you will be welcomed by a range of top-notch facilities.
4 Reasons Why Ripple Bay Is an Ideal Home:
1. Specifications and Perks for Own Stay
Project Name | Tenure | TOP | Unit Type (up to) | Size in sqft (up to) | Average Price PSF (up to) |
---|---|---|---|---|---|
Ripple Bay | 99-year leasehold | 2016 | 1-bedroom 2-bedroom 3-bedroom 4-bedroom |
538 797 1,475 2,336 |
$1,078 |
Imagine coming home to a resort-like ambience with panoramic sea views. Well, it can be your reality with Ripple Bay. You’ll find meandering river-like pools at each tower along with lush greenery. You can look forward to a fully equipped kitchen with hood, microwave oven, refrigerator, and washer dryer.
You can keep an active healthy lifestyle here, thanks to the sky pool, beach volleyball court, and tennis court. Parents, don’t fret; your children can keep themselves entertained at the games room, reading room, kids playground, and wading pool. Living here would mean guaranteed quality time with your loved ones – there are barbeque pits and a clubhouse to organise memorable gatherings.
2. Accessibility, Amenities, and Recreational Spots
Pasir Ris MRT Station on the East West Line (EWL) is the closest train station to the development, which is a 15-minute bus ride away. Fortunately, residents of Ripple Bay can avail of free shuttle service from the condominium to the MRT. The property is accessible via Tampines Expressway (TPE) and Pan Island Expressway (PIE). It would take you less than 30 minutes to drive to the Central Business District (CBD) and Orchard Road.
You can reach NTUC Downtown East by foot in eight minutes – it’s an integrated hub with many retail outlets and recreational options such as chalets, a water park (Wild Wild Wet!), bowling alley, and a pet-friendly park. There are nearby malls like White Sands, Elias Mall, and Pasir Ris West Plaza within reach. The best place for outdoor fun? Pasir Ris Park and Beach of course! There’s also a sports and recreation centre with a sports hall (mainly for badminton) and street soccer court.
3. Education, Employment, and Healthcare
Ripple Bay is close to several educational institutions, from local schools to international ones. Schools within walking distance are: Pasir Ris Primary School (700m) Pasir Ris Crest Secondary School (750m), Casuarina Primary School (1km), and Hai Sing Catholic School (1km). Other schools within the vicinity are: Elias Park Primary School, Meridian Secondary School, Middleton International School @ Tampines, Overseas Family School, and UWC South East Asia East Campus.
You will also be strategically close to Tampines Central (11-minute drive), Changi Business Park (12-minute drive), and Pasir Ris Wafer Fab Park (four-minute drive), which is going through an expansion, resulting in more jobs closer to home and an increase in potential tenants. The area will also have a new polyclinic in Pasir Ris Town Centre.
If you’re seeking medical help, there are 12 clinics in Pasir Ris. The nearest hospitals are Changi General Hospital and St. Andrew’s Community Hospital, a 20-minute drive from the property.
4. Monthly Rental Price and Future Developments
The monthly rental price of Ripple Bay’s three-bedroom unit, in the past three years:
- January to December 2017 – up to $2,900
- January to December 2018 – up to $3,000
- January to December 2019 – up to $3,100
Since 2017, property prices at Ripple Bay have been increasing. We can foresee the price rising over the years, thanks to upcoming developments like new amenities, community spaces, improved connectivity, industrial hubs, and recreational facilities.
Is Ripple Bay the home you’ve been dreaming of? Talk to our real estate consultants and get VIP agent service.
Best Mortgage Rate Across All Banks for Ripple Bay
Talk to our mortgage brokers with over 30 years of experience and get the lowest mortgage rate at 1.78%. Our home loan specialists will assist you with everything you need to know from Total Debt Servicing Ratio (TDSR), Loan to Value (LTV) Limits and Legal Conveyancing.
Buyer’s Stamp Duty for Ripple Bay
Buyer’s Stamp Duty (BSD) is tax paid on documents signed when you buy or acquire property located in Singapore.
If you opt to buy a three-bedroom unit at Ripple Bay the price is at $1,080,000 which is reflective of the market value, your Buyer’s Stamp Duty (BSD) is $31,800.
Market Value of the Property | BSD Rate | Calculation |
---|---|---|
On the first $180k | 1% | $1,800 |
On the second $180k | 2% | $3,600 |
Next $640,000 | 3% | $19,200 |
Remaining $80,000 | 4% | $3,200 |
BSD Payable | $27,800 |
Source: IRAS
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Additional Buyer’s Stamp Duty for Ripple Bay
Liable property buyers in Singapore are required to pay Additional Buyer’s Stamp Duty (ABSD) on top of the existing BSD. ABSD and BSD are computed on the purchase price as stated in the dutiable document or the market value of the property (whichever is the higher amount).
Who is liable to pay ABSD:
- Singapore Citizen (SC) buying second, third and subsequent residential property
- Singapore Permanent Resident (SPR) buying first, second and subsequent residential property
- Foreigners or entities buying any residential property
ABSD for Singapore Citizens when Buying Ripple Bay
Here’s the ABSD amount you are required to pay if you are an SC:
Property Ownership | ABSD Rate | ABSD Amount from Price $1,080,000 |
---|---|---|
If Ripple Bay is your second residential property | 12% | $129,600 |
If Ripple Bay is your third or subsequent residential property | 15% | $162,000 |
ABSD for Singapore Permanent Resident when Buying Ripple Bay
Here’s the ABSD amount you are required to pay if you are an SPR:
Property Ownership | ABSD Rate | ABSD Amount from Price $1,080,000 |
---|---|---|
If Ripple Bay is your first property | 5% | $54,000 |
If Ripple Bay is your second or subsequent residential property | 15% | $162,000 |
ABSD for Foreigners when Buying Ripple Bay
Here’s the ABSD amount you are required to pay if you are a foreigner:
Property Ownership | ABSD Rate | ABSD Amount from Price $1,080,000 |
---|---|---|
Foreigners buying any property | 20% | $216,000 |
VIP Service for Buyers at $0 Agent Fees
Our real estate consultants will provide you insights about this new project and assist you with everything you need to know from BSD, ABSD, exercising the OTP to sealing the deal.
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