Land Sales Data Indicates that Tampines EC Launching at 1200psf
Land Sales Data Indicates That Tampines EC Launches at 1200psf
Earlier this year, Lentor Central and Tampines Green EC launched, all of which will be a notch higher than their predecessors. Likewise, the Tampines EC site is expected to be sold for $422 million, which works out to $659 psf ppr, according to Land Sales Data. However, a joint venture between Qingjian Realty and SantarLi Construction submitted a land rate of $422 million, which works out to $659 psf per plot ratio.
Tampines EC launches at 1200psf
This new EC is located near the Tampines Hub, a major shopping centre and integrated community centre that was first mooted in 2011. The development was completed in 2016, and a grand opening ceremony was held in January 2017. The price range for this new condo is between $1200 and $800 per square foot, and it is located within walking distance of the Tampines MRT station. Other amenities within the Tampines area include Century Square, IKEA, and the Tampines EC.
One of the key selling points of Tampines EC is its location, which is just a few minutes away from the nearest MRT station. Currently, there is a small cluster of HDB blocks in the area, so this development will be an excellent choice for those who want to live near the station. However, there are some potential downsides. The EC at Tampines Avenue 9 is the only EC on this side of the expressway. This means that competition will be limited and the EC will probably launch at a price higher than its competitors.
The location of Tampines EC is great for families as there are several good schools in the vicinity. This will make the life of parents much easier as they can schedule their time accordingly. There are no late mornings or late evenings. The convenient walking route will allow children to budget their time without wasting time in traffic and queues. Besides, the new Round Island Route will make it easy for cyclists to get to Tampines Town.
The New Tampines Executive Condominium is located near the Tampines Town MRT station and offers easy access to many amenities and transportation links. It also has a 7.5-hectare linear park that will link Sun Plaza Park and Sungei Api EC. The condo is also located close to several shopping malls and good schools, which makes it a great choice for families. With prices starting from $1200psf, this new project is an excellent investment.
Lentor Central launches at 1200psf
The Land Sales Data indicates that Tampines EC launches at one thousand and eight hundred per square foot (ppsf) and above. These projects are among the early launches of the new EC boom. This is because they are located in the heart of Tampines and are expected to launch in Q1 of 2021. While the EC boom has helped the market, it has also led to a slew of new projects and a glut of unsold private housing stock. During this period, developers rushed to replenish land banks with new projects. With the unsold private housing stock hovering at a four-year low, developers rushed to build new developments.
Despite being a prime location, Tampines EC could still fetch a high price. It is projected to launch at a price above one thousand and eighty-five cents per square foot (ppsf). Moreover, the project’s proximity to the Tampines North MRT station and Tampines town’s amenities are also among its major selling points.
The location of Tampines EC is a top location in the east of Singapore. It is close to Changi Airport and Tampines Town, and it features good schools nearby. Parents will appreciate the proximity to schools as it gives them the opportunity to schedule their time wisely and not worry about their children being late for school. Furthermore, walking to school can be a great way to save time and avoid traffic and long lines. Kids can budget their time better when they can walk to school instead of having to drive to school.
Tampines Trilliant launches in 2011
The Sim Lian Group has launched the first resale executive condo in the Tampines Central 7 area. The Tampines Trilliant has 670 units across 12 towers. The sizes of these units range from eight72 square feet to two-bedrooms plus utility. There are even penthouses, if you are looking for something a bit larger. Prices range from S$1,100 to S$4,000, depending on your needs.
The prices of these ECs are similar to the Arc at Tampines, which launched late last year, and are comparable to the Tampines Trilliant. Prices are positioned at about $700 psf. The MOP period is five years. The prices have appreciated by 28% since its TOP in Feb 2016.
The development will be centered around retail and community-related activities in the Tampines Town Hub. There are several neighbourhood parks within 400 metres of most homes. There are more parks coming in the near future, including Boulevard Park. In addition, make sure to buy a property in the Tampines region near a MRT station. It is also near a public transport station. As with any property in Tampines, there are many amenities in the area, including public transportation.
Tampines Green EC launches in 2022
Tampines Green EC will feature 595 dwelling units. This upcoming project is close to a Giant hypermarket, Courts Megamart, and Ikea. There will also be a window for applications. ECs will become more affordable over the next few years. These developments will be designed with green living in mind. Whether you’re looking for a new home or an apartment, this project is sure to provide you with both.
The project is located near several MRT stations, including the upcoming Tampines North MRT station, and the nearby Simei MRT station. There will be a connection to the Downtown Line as well. The extension will be completed by 2020. The Tampines EC is close to many nearby amenities, including the Tampines Eco Green Park, the Pasir Ris MRT station, and Tampines North Primary and Secondary Schools. There will also be a mall located nearby, as well as many 24-hour eateries and shopping malls.
Located just around the corner from Le Quest mall and Tampines Square, this project will offer a great lifestyle for its residents. It will be located close to major retail hubs like NTUC Fair Price Finest, Guardian, and a Food Court. It will also feature popular chain stores like McDonald’s, KFC, and Pizza Hut. The development will also feature a swimming pool.
Provence Residence, a 413-unit EC, has sold 82% of its units. Bookings started on May 13 during the Hari Raya Pusa holiday. The average selling price is S$1,142 psf, with three-bedroom units making up the majority of take-up. Moreover, the housing grant is available for first-time buyers.
Arc at Tampines has been profitable
The recent balloting results of the Arc at Tampines executive condominium project are encouraging. More than two-thirds of the 220 units sold were second-time buyers. Sales were higher than the other newly-launched EC projects. Arc at Tampines is the first to benefit from a higher monthly household income ceiling. The development has been selling at a steady 30% rate. The price of Arc at Tampines is S$722 psf on average, making it an attractive investment for those who are looking to downsize.
This development features 574 apartment units in a mixed-use development. Prices range from two-bedders to penthouses. The average price per square foot is 760 dollars – a substantial jump from previous launches. Analysts expect the development to do well due to a combination of demand from first-time buyers and upgraders. Investing in the development could be profitable because of the good location and proximity to public transportation, shopping centers, and good education centres.
The Arc at Tampines is also near several educational facilities and recreation areas. Temasek Polytechnic is 1.1 km away, while Bedok Reservoir Park, Tampines Sports Hall, and Tampines Bike Park are all nearby. Those with children can also enjoy the nearby Springfield Secondary School, Junyuan Secondary School, and the Temasek Polytechnic are also within walking distance. The Arc at Tampines is conveniently located near Tampines West MRT station and Tampines 1 MRT.
The Arc at Tampines has been profitable for developers and investors alike. It has been one of Singapore’s most popular retail locations, home to a significant portion of the East’s population. The future of the regional centre is bright for this vibrant community. In addition to the two BTO projects scheduled for completion in August 2021, there is a second development set to be launched here in the same area, The Arc at Tampines, which will feature 546 4 and five-room units. Compared to Tampines West, Tampines is closer to the Bedok Reservoir and Bedok Canal.