The Ryse Residences is a 99-year leasehold condominium development situated at the Pasir Ris town centre. It will be built beside the Pasir Ris Mass Rapid Transit station and White Sands shopping mall.
The Ryse Residences is a 99-year leasehold condominium development situated at the Pasir Ris town centre. It will be built beside the Pasir Ris Mass Rapid Transit station and White Sands shopping mall. Consisting of 600 units of 1- to 4-bedroom units with a 3-story commercial podium, it will be the first integrated development in one of Singapore's largest housing estates.
The residential cum commercial development will be integrated with a bus interchange, polyclinic, town plaza and the train station to become a community focal point, as envisaged in the government's Mater Plan for Pasir Ris.
Key Attributes of Ryse Residences
The following are some of the key attributes of Ryse Residences integrated development:
The developers for Ryse Residences are Phoenix Commercial Pte Ltd and Phoenix Residential Pte Ltd. Both companies are owned by a joint venture between Allgreen Properties and Kerry Properties. They are part of the Kuok Group of Companies controlled by Malaysian tycoon Robert Kuok.
Pasir Ris is an established housing estate in the eastern part of Singapore. It covers a total area of approximately 15.02 square kilometers and is home to a number of shopping malls as well as the Downtown East, a popular entertainment hub operated by the government. Downtown East is also home to the Wild Wild Wet Water Park, voted as one of the top 10 water parks in Asia.
Pasir Ris is a tranquil estate known for its lush coastal parks and holiday resorts, which make it a popular destination for nature lovers and vacationers. Under the Pasir Ris Master Plan, further improvements will be made to the estate and these will include better housing, leisure facilities and more transportation options.
The Appeal of Integrated Developments
Integrated developments have helped to transform the way many people live, work and play as they offer residents convenient access to shops, restaurants, recreational facilities and offices all within the same building as their homes. Hence, they no longer need to take long commute to commercial areas to work.
Properties within a mixed-use development have also been noted to generate better rental yields compared to standalone residential developments due to the dynamic and vibrant environment they provide for renters.
Conclusion
As the Ryse Residences is an integrated development located in the Pasir Ris town center connected to the MRT station, bus interchange and White Sands shopping mall, it will have access to an excellent transportation network and a wide range of amenities.
It is also in a family-friendly location close to many education institutions, which will greatly benefit young families. As Pasir Ris is one of Singapore's largest matured estates, there is no shortage of amenities. Together with the nature parks, it is a coveted estate to live in, especially for those working in the eastern part of Singapore
In the next 10-15 years, Pasir Ris will further benefit from the developments of the Changi Region and Paya Lebar Airbase. When fully developed, it will anchor the East as a major economic zone that will offer a myriad of employment opportunities.
Location: 10 Pasir Ris Central, Singapore 519634