Pasir Ris Development Pte. Ltd.: The Developer Behind Coastal Cabana EC
A Joint Venture led by Qingjian Realty, with Forsea Holdings, ZACD Group and Jianan Capital
Coastal Cabana EC at Jalan Loyang Besar, Pasir Ris is developed by Pasir Ris Development Pte. Ltd. (UEN: 202436619N, Developer Licence: C1530), a joint venture entity bringing together four established companies: Qingjian Realty, Forsea Holdings, ZACD Group and Jianan Capital. Its registered office is at 1 Changi Business Park Central 1, #02-110, One @ Changi City, Singapore 486036. Qingjian Realty and Forsea Holdings are the developing parties. ZACD Group, an integrated asset manager, was one of the three entities named on the winning tender. Jianan Capital is a capital partner in the joint venture, with no separate development track record in Singapore.
The land was won at public tender and the record is worth reading closely, because the names differ from the ones above. The Housing and Development Board launched the Jalan Loyang Besar parcel on 16 May 2024. The tender closed on 1 August 2024 with four bids and the site was awarded on 16 August 2024, at $557 million or $729 per square foot per plot ratio, to CNQC Realty (Progressive) Pte. Ltd., Forsea Residence Pte. Ltd. and ZACD Laserblue Pte. Ltd. Those are the group-level bidding vehicles. Pasir Ris Development Pte. Ltd. is the company subsequently constituted to hold the developer licence, and it carries four members rather than three. Both records are accurate; they simply describe different stages.
Coastal Cabana is the first new Executive Condominium launch in Pasir Ris in over a decade. Because the tender closed on 1 August 2024, well before the rule changes of 8 May 2026, the project retains the earlier Executive Condominium framework: a 5-year Minimum Occupation Period, privatisation ten years after Temporary Occupation Permit, and continued availability of the Deferred Payment Scheme. The development comprises 748 units across 16 residential blocks on a 28,405.5 sqm seafront site. To learn more about the project, visit our Project Information page or read the full Buyer’s Guide to Coastal Cabana.
Qingjian Realty: Lead Developer and Tenth EC Project in Singapore
Company Profile
Qingjian Realty (South Pacific) Group Pte. Ltd. serves as the Southeast Asia regional headquarters of the Qingjian Group’s real estate development arm. The company specialises in residential, commercial and industrial property development, guided by a consistent commitment to quality, innovation and user-centric design. Since 2008 it has launched 18 projects in Singapore and delivered over 9,500 homes, of which more than 4,700 are Executive Condominium units.
Coastal Cabana is Qingjian Realty’s tenth Executive Condominium in Singapore. That is the single most useful number on this page: ten ECs is a depth of experience in one product type that very few developers in the market can match, and it shows in the detail of this project, from the north-south orientation of all sixteen blocks to the decision to give up four units at the base of Block 4 for a double-volume clubhouse arrival.
A defining milestone in Qingjian Realty’s history is the launch of The Visionaire, Singapore’s first Executive Condominium fully integrated with smart home technology, which set a benchmark for connected living in the EC segment. Qingjian Realty has continued to deliver smart home features as standard across subsequent developments, including Coastal Cabana, where every unit receives a Smart Gateway hub, a pre-installed digital lockset with remote unlocking and pre-installed smart aircon control with pre-arrival cooling.
Qingjian Realty’s work has been consistently recognised. The company is a repeat recipient of the BCI Asia Top Ten Award and has received multiple accolades from the Asia Property Awards and the BCA Awards.
Recent completed and upcoming developments include Jadescape (1,206 units, Shunfu Road), Forett at Bukit Timah (633 units, Toh Tuck Road), Altura EC (360 units, Bukit Batok West Avenue 8), Tenet EC (618 units, Tampines Street 62), Bloomsbury Residences (358 units, Media Circle) and The Arden (105 units, Phoenix Road). For more information, visit www.qingjianrealty.com.sg.
Forsea Holdings: Fortune 500 Construction Expertise
Company Profile
Forsea Holdings Pte. Ltd. is wholly owned by China Communications Construction Company (CCCC), which ranked 63rd in the 2024 Fortune Global 500. CCCC is the third largest international contractor in the world and has been the largest Asian international contractor for eighteen consecutive years, with operations across more than 157 countries and over 900 ongoing projects outside China. It is also among China’s ten largest real estate developers. Through Forsea, that engineering capacity is applied directly to Singapore’s residential market.
CCCC’s Singapore portfolio is largely civil infrastructure rather than housing, which is a useful thing to know about who is building this development. Its projects here include the Johor Bahru to Singapore Rapid Transit System Link, Boon Lay station and viaduct on the Jurong Region Line, the Jurong East Integrated Transport Hub, Tampines North station and tunnels on the Cross Island Line, and packages at Changi East. Structural engineering, mechanical and electrical systems and construction logistics at that scale are directly relevant to a development of sixteen blocks and 748 units with a single basement carpark level beneath it.
Collaboration sits at the centre of Forsea’s operating philosophy. Working closely with architects, engineers, consultants and joint venture partners through every phase, Forsea maintains project management and communication from land acquisition to handover.
Its most recent Singapore residential project is Hillock Green, a 474-unit development at Lentor Central certified Green Mark Platinum Super Low Energy, delivered in partnership with United Engineers and Soilbuild.
ZACD Group: Integrated Asset Management and Real Estate Development
Company Profile
ZACD Group is an integrated asset management and real estate development company headquartered in Singapore, serving institutional and individual investors across the Asia-Pacific region. The Group offers fund management, property development, project consultancy and investment advisory. It was one of the three entities named on the winning tender for this site, through ZACD Laserblue Pte. Ltd.
ZACD is actively involved in residential and mixed-use developments, partnering with established developers on projects aligned to market demand and long-term growth. Its participation in the Coastal Cabana joint venture reflects the Group’s continued activity in the Executive Condominium segment. For more information, visit www.zacdgroup.com.
Explore Coastal Cabana EC Further
| ➜ Project Information & Facilities Full development overview, site plan, the 68 numbered facilities across six landscaped zones, The Upper Deck roof level, the basement level and The Coastal Club clubhouse. | ➜ Floor Plan Layouts Floor plans for all nine unit types across twelve layouts, from 3 Bedroom Deluxe to 5 Bedroom Premium, with stack locations and what the stated areas include. |
| ➜ Price Chart & Discounts Official developer price list, nett prices after discounts, maintenance fee by share value and the land cost behind the pricing. | ➜ Balance Unit Chart The current chart by stack and level across all 16 blocks, dated on each release, with the archive of past charts. |
| ➜ Buyer’s Guide (AI Research) Comprehensive guide covering unit types, view orientation by stack, EC eligibility, MOP rules and a full AI-ready data block for independent research. | ➜ EC Eligibility Checker Confirm your household’s eligibility, income ceiling, CPF grant entitlement and the 5-year MOP timeline. |
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