How A 944-Unit Mega-Condo In Pasir Ris Ended Up Beating The Market
December 16, 2025
Coco Palms, a 944-unit condominium in Pasir Ris, has come up as one of the best performing 99-year leasehold condominiums in terms of its average psf price growth and return-on-investment (ROI) over a nearly decade-long period from 2014 to 2025. The capital growth of resale units at Coco Palms is far from expected given the response to the project’s sales launch in May 2014.
For starters, Coco Palms was an unfashionably large condo at the time with 944 units. Back then, most buyers on the market hadn’t developed a taste for mega-sized projects and the design of some units at Coco Palms was criticised for lacking privacy. On top of this, other seemingly glamorous projects like Marina One Residences and Sophia Hills hogged the limelight in the new launch market that year.
Despite this, Coco Palms is now a benchmark development in Pasir Ris: it is almost the “default” family condo of Pasir Ris; and the concern over “too many units” among some buyers never came to pass. Let’s have a closer look at why the condo succeeded:
Ryan J. Ong
A seasoned content strategist with over 17 years in the real estate and financial journalism sectors, Ryan has built a reputation for transforming complex industry jargon into accessible knowledge. With a track record of writing and editing for leading financial platforms and publications, Ryan's expertise has been recognised across various media outlets. His role as a former content editor for 99.co and a co-host for CNA 938's Open House programme underscores his commitment to providing valuable insights into the property market.Need help with a property decision?
Speak to our team →Read next from Property Investment Insights
Property Investment Insights This Singapore Condo Has Bigger Units Near The MRT — But Timing Decided Who Made Money
Property Investment Insights We Compared Lease Decay Across HDB Towns — The Differences Are Significant
Property Investment Insights This Singapore Condo Skipped 1-Bedders And Focused On Space — Here’s What Happened 8 Years Later
Property Market Commentary Why Some Old HDB Flats Hold Value Longer Than Others
Latest Posts
Editor's Pick Happy Chinese New Year from Stacked
Singapore Property News Nearly 1,000 New Homes Were Sold Last Month — What Does It Say About the 2026 New Launch Market?
Editor's Pick How I’d Invest $12 Million On Property If I Won The 2026 Toto Hongbao Draw
0 Comments