There’s a quiet appeal to owning a piece of land outright in Singapore, especially when the address sits a minute from Siglap MRT and within walking distance of East Coast Park. Elliot at the East Coast, a 119-unit freehold condominium completed in 2012, offers exactly that — but freehold tenure comes with its own set of trade-offs.

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Tenure: Freehold ·
Units: 119 ·
Completion: 2012 ·
Developer: Elliot Development Pte Ltd ·
Location: 21-37 Elliot Road, District 15

Quick snapshot

1Confirmed facts
2What’s unclear
3Timeline signal
4What’s next
  • Resale liquidity steady with units listed on PropertyGuru
  • Freehold en-bloc potential in land-scarce District 15 remains a long-term possibility

Six key facts, one pattern: despite its freehold status, Elliot at the East Coast remains a niche product — small scale, older than nearby leasehold projects, and priced accordingly.

The spec sheet below confirms the project’s fundamentals.

Attribute Value
Tenure Freehold
Units 119
Completion year 2012 (Stacked Homes property directory lists 2012; 99.co real estate platform lists TOP as 1 Jan 2013)
Developer Elliot Development Pte Ltd (Stacked Homes property directory)
Architect DP Architects Pte Ltd (Cos.sg property directory)
Address 21-37 Elliot Road, District 15 (also listed as 1 Elliot Road / 33 Elliot Road per different sources)

Is Elliot at the East Coast freehold?

What does freehold tenure mean in Singapore?

Freehold land ownership in Singapore means the buyer holds the property in perpetuity — no lease expiry to worry about. According to EdgeProp property listing portal, Elliot at the East Coast is confirmed freehold. That contrasts with the majority of Singapore’s private housing stock, which are 99-year leasehold. For buyers, freehold eliminates the depreciation clock that leasehold properties face after the 99-year countdown begins.

How does Elliot’s freehold compare to leasehold condos?

The trade-off is price: freehold units typically cost 15–20% more than equivalent leasehold units, according to 99.co real estate platform. At Elliot at the East Coast, recent transactions hover around $1,500–$2,020 psf (EdgeProp property listing portal). Nearby leasehold projects like The Bayshore often price lower, though location and age also play into the difference.

The trade-off

Freehold buyers pay a premium upfront for the reassurance of no lease expiry — but that premium only pays off if they hold the property long enough for leasehold units to depreciate. For a 5–7 year hold, the math often favours leasehold.

The implication: buyers must decide whether land permanence justifies paying 15–20% more than what a comparable leasehold unit would cost.

What are the disadvantages of buying a freehold property?

Higher purchase price for freehold

Freehold condos in District 15 command a premium. Data from 99.co real estate platform shows Elliot’s average sale price at about $1,707 psf — roughly 10–20% above comparable leasehold units in the same district. That extra cost can strain cash flow and reduce rental yield.

Older freehold condos may require maintenance

Built in 2012/2013, Elliot at the East Coast is now over a decade old. While freehold doesn’t age in rights, the building does. Buyers should budget for potential major repairs (roof, lifts, facade) in the next 10–15 years. Stacked Homes property directory notes that older freehold developments often have higher maintenance fees because sinking funds are used up.

The catch

Freehold does not guarantee capital appreciation. A 2012 freehold condo that has already aged 12 years competes with newer leasehold projects with better facilities and modern layouts. Buyers are paying for land value, not building novelty.

The pattern: freehold tenure protects against lease decay but does not insulate a buyer from physical depreciation of the structure itself.

How much does a freehold condo cost?

Average price per square foot for freehold condos in District 15

According to 99.co’s market comparison table, freehold condos in District 15 average around $1,600–$1,800 psf. Elliot at the East Coast sits within this band, with recent transactions from approximately $1,500 psf to $2,020 psf (EdgeProp property listing portal).

The specific unit type, size, floor level, and view significantly influence the final price. A 3-bedroom penthouse of 2,314 sqft transacted at $3,680,000 ($1,590 psf) in April 2026 (8PROP transaction database).

Factors affecting freehold condo prices

Location (proximity to MRT, schools, amenities), floor size, layout efficiency, and the quality of facilities all move price. Because Elliot at the East Coast is a small development with only 119 units, prices tend to be more volatile than in large, liquid projects – fewer comparables mean each sale can shift the perceived value.

What is the price range for units at Elliot at the East Coast?

Current listings on PropertyGuru

As of late 2025, PropertyGuru property marketplace showed about 9 units for sale. Asking prices typically start from around $1.5 million for a 2-bedder and go up to $3.7 million for larger penthouses.

Price trends for Elliot at the East Coast

8PROP records a transaction in April 2026 at $1,590 psf. EdgeProp’s historical data suggests a range of roughly $1,550–$2,020 psf. The average rental price from 99.co’s table is about $5,143 per month, implying a gross rental yield of around 3.5–4% based on current valuation – decent for freehold, though lower than leasehold yields in the same district.

What facilities does Elliot at the East Coast offer?

Swimming pool, gym, security

Elliot at the East Coast includes a swimming pool, gym, children’s playground, and 24-hour security, per Cos.sg property directory. Its 9-block layout gives each block a sense of space despite the low unit count.

Nearby amenities in Katong

The development sits a one-minute walk from Siglap MRT (Thomson-East Coast Line), according to 99.co real estate platform. East Coast Park is within a 10-minute walk, while Katong’s dining and shopping belt (Katong Square, I12 Katong) is 5 minutes by car. Schools in the vicinity include Tao Nan School, St. Patrick’s School, and Ngee Ann Primary – all within 1–2 km.

Why this matters

A small freehold condo close to MRT is rare: most freehold projects in District 15 are either older walk-ups or large estates. Elliot’s 119-unit scale means lower density but also fewer shared facilities options compared to a 500-unit resort-style condo.

What this means: the development prioritises location and tenure over amenity breadth, a trade-off buyers must weigh against their lifestyle needs.

Upsides and downsides of Elliot at the East Coast

Upsides

  • Freehold tenure – no lease expiry
  • One-minute walk to Siglap MRT
  • Walkable to East Coast Park and Katong amenities
  • Low density: only 119 units across 9 blocks
  • Active resale market with steady transaction data

Downsides

  • Premium price vs leasehold (15–20% higher)
  • Over a decade old – potential maintenance costs ahead
  • Limited facilities compared to large integrated developments
  • Small unit count leads to thinner liquidity (fewer comparables for valuation)
  • Freehold does not guarantee capital appreciation; building age may limit resale gains

14 trade-offs, one pattern: freehold buyers get land permanence but pay for it upfront and accept older building stock.

The detailed specifications reinforce the project’s compact profile.

Specification Details
Tenure Freehold
Total units 119
Number of blocks 9
Storeys 5 per block (typical)
Apartment types 2-bedroom, 3-bedroom, 4-bedroom penthouse
Floor area range 506 sqft to 2,766 sqft (99.co real estate platform; Cos.sg says up to 1,733 sqft)
Nearest MRT Siglap MRT – 1 min walk (99.co real estate platform)
Developer Elliot Development Pte Ltd
Architect DP Architects Pte Ltd
Year completed 2012 (TOP 2013 per 99.co)
Expected maintenance fee ~$400–$600/month (est. based on unit size, typical for freehold condo)
Parking ratio ~1 lot per unit (standard for small freehold development)

What’s confirmed and what’s unclear

Confirmed facts

  • Freehold tenure (EdgeProp property listing portal)
  • 119 units (99.co real estate platform)
  • Developer Elliot Development Pte Ltd (Stacked Homes property directory)
  • Completion 2012/2013 (Stacked Homes property directory, 99.co real estate platform)
  • Located in District 15, near Siglap MRT (99.co real estate platform)
  • Resale transactions recorded up to $1,590 psf (Apr 2026, 8PROP transaction database)

What’s unclear

  • Exact current listing prices (change frequently)
  • Detailed floor plan measurements for all 37 layouts
  • Maintenance fee exact amounts per unit size
  • Upcoming en-bloc potential – market speculation only

Perspectives from the market

“Elliot at the East Coast is a freehold development with 119 units.”

Official development website (developer’s site)

“Elliot at the East Coast is a freehold condominium development located at Elliot Road in District 15.”

PropertyGuru property marketplace

“Elliot at the East Coast is a freehold condominium completed in 2012.”

EdgeProp property listing portal

Bottom line: Elliot at the East Coast is a genuine freehold in a MRT-close location, but it is not a value play. Buyers who plan to stay for 10+ years and value land security will find its freehold badge worthwhile. Investors chasing maximum yield should look at newer leasehold options in the same district that offer better rental returns per dollar.
Additional sources

youtube.com, shioknest.com

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Frequently asked questions

How old is Elliot at the East Coast?

Completed in 2012 (TOP 1 Jan 2013 per 99.co), it is about 13 years old as of 2025.

Is Elliot at the East Coast pet-friendly?

Pet policy is not explicitly stated; typical condo rules allow pets but subject to management approval – check with managing agent.

What is the maintenance fee at Elliot at the East Coast?

Exact fees vary by unit size but are estimated between $400 and $600 per month for a freehold development of this age and size.

Are there any upcoming en-bloc possibilities for Elliot at the East Coast?

No formal en-bloc attempt has been announced. Its small freehold land parcel in District 15 makes it a potential target in the long term, but nothing is confirmed.

How close is Elliot at the East Coast to the nearest MRT station?

Siglap MRT (Thomson-East Coast Line) is a 1-minute walk, according to 99.co.

What schools are near Elliot at the East Coast?

Within 1–2 km: Tao Nan School, St. Patrick’s School, Ngee Ann Primary, and Victoria Junior College.

Is there a swimming pool at Elliot at the East Coast?

Yes – facilities include a swimming pool, gym, and children’s playground per Cos.sg.

What is the car park ratio at Elliot at the East Coast?

Standard ratio of approximately 1 lot per unit, typical for small freehold condos.

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