Vue 8 Residence, situated along Pasir Ris Drive 3 in District 18, is a 99-year leasehold seaview condominium developed by Publique Realty (Pasir Ris) Pte Ltd. It comprises 463 residential units across eight 17-storey blocks. Not only does this property offer a full range of facilities, you’ll also have access to the wonders of nature – Pasir Ris park and beach are just three minutes away!
4 Reasons Why Vue 8 Residence Is an Ideal Home:
- 1. Specifications and Perks for Own Stay
- 2. Accessibility, Amenities, and Recreational Spots
- 3. Education, Employment, and Healthcare
- 4. Monthly Rental Price and Future Developments
- Best Mortgage Rate Across All Banks for Vue 8 Residence
- Buyer's Stamp Duty for Vue 8 Residence
- Additional Buyer's Stamp Duty for Vue 8 Residence
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) |
|---|---|---|---|---|---|
| Vue 8 Residence | 99-year leasehold | 1996 | 1-bedroom 2-bedroom 3-bedroom 4-bedroom 5-bedroom 6-bedroom | 549 926 1,087 2,228 2,723 3,391 | $1,288 |
Vue 8 Residence has an extensive range of units – a total of six types! The largest apartment is a six-bedroom penthouse that’s 3,391 sqft. It is clear that this condominium is able to cater to any buyer type, be it singles, couples and families.
Spend your free time at the sky terrace with gymnasium, sun lounge, tennis court, woodball lawn area, and more – for fun and fulfilling days ahead! Entertain your friends at the property’s barbeque corner, clubhouse with function room, and dining pavilion.
Fancy a swim? Vue Residences has not one, but seven different types of pools:50m lap pool, jacuzzi pool, recreational pool, reflective pool, spa pool, fun pool and wading pool. The property also has other water features like a water slide and hydro gym station.
2. Accessibility, Amenities, and Recreational Spots
The nearest train station is Pasir Ris MRT Station on the East West Line (EWL), which is a 10-minute bus ride away. Vue 8 Residence is accessible via Tampines Expressway (TPE). It would take you about 25 minutes to drive to the Central Business District (CBD) and 22 minutes to Orchard Road.
Thinking of where to dine and shop? Malls like Elias Mall (two minutes), Pasir Ris West Plaza (two minutes), NTUC Downtown East (four minutes), and White Sands (five minutes) are just a short drive away. You can spend quality family time at Pasir Ris Park and Beach. NTUC Downtown East also has recreational options besides retail outlets such as chalets, a water park (Wild Wild Wet!), bowling alley, and a pet-friendly park. There’s also a sports and recreation centre with a swimming pool, sports hall (mainly for badminton), street soccer court, and a gym.
3. Education, Employment, and Healthcare
Vue 8 Residence is close to several schools and colleges. From local schools to international ones, parents need not worry. Schools which are of walking distance are: Overseas Family School (78m), Park View Primary School (850m), and Elias Park Primary School (1.5km). Other schools within the vicinity are: Meridian Secondary School, Hai Sing Catholic, UWC South East Asia East Campus, and Middleton International School @ Tampines.
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). The latter 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 healthcare institution: a new polyclinic in Pasir Ris Town Centre.
Need to see a doctor? The nearest hospitals are Changi General Hospital and St. Andrew’s Community Hospital, a seven-minute drive from Melville Park. 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 17-minute drive from the property.
4. Monthly Rental Price and Future Developments
The monthly rental price of Vue 8 Residence’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 rental prices at Vue 8 Residence 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 Vue 8 Residence the home you’ve been dreaming of? Talk to our real estate consultants and get VIP agent service. Call 6886 9009 now!
Best Mortgage Rate Across All Banks for Vue 8 Residence
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 Vue 8 Residence
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 Vue 8 Residence the price is at $1,180,000 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 $180,000 | 4% | $7,200 |
| BSD Payable | $31,800 | |
Source: IRAS
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Additional Buyer’s Stamp Duty for Vue 8 Residence
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 Vue 8 Residence
Here’s the ABSD amount you are required to pay if you are an SC:
| Property Ownership | ABSD Rate | ABSD Amount from Price $1,180,000 |
|---|---|---|
| If Vue 8 Residence is your second residential property | 12% | $141,600 |
| If Vue 8 Residence is your third or subsequent residential property | 15% | $177,000 |
ABSD for Singapore Permanent Resident when Buying Vue 8 Residence
Here’s the ABSD amount you are required to pay if you are an SPR:
| Property Ownership | ABSD Rate | ABSD Amount from Price $1,180,000 |
|---|---|---|
| If Vue 8 Residence is your first property | 5% | $59,000 |
| If Vue 8 Residence is your second or subsequent residential property | 15% | $177,000 |
ABSD for Foreigners when Buying Vue 8 Residence
Here’s the ABSD amount you are required to pay if you are a foreigner:
| Property Ownership | ABSD Rate | ABSD Amount from Price $1,180,000 |
|---|---|---|
| Foreigners buying any property | 20% | $236,000 |
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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