EC at Tampines Street 62 (Parcel B) Coming Soon
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Tampines Street 62 (Parcel B) EC site draws bids from 7 tenderers
The Government Land Sale (GLS) tender for the executive condominium (EC) site at Tampines Street 62 (Parcel B), which closed on July 18, saw seven tenderers submitting bids, including four that submitted an alternative proposal.
The Tampines Street 62 (Parcel B) site measures 301,392 sq ft. It can yield 700 units, with a gross plot ratio of 2.5 or a maximum GFA of 753,484 sq ft. Tampines North EC is located adjacent to Tenet, the 618-unit EC by Qingjian Realty, Santarli Realty and Heeton Holdings which has seen some 614 units (99%) taken up at a median price of $1,386 psf since its launch last December.
Tampines North EC is also near to Tampines Avenue 11 mixed-use GLS plot that is slated for an integrated development, with a bus interchange, community club and hawker centre. It will also be connected to the upcoming Tampines North MRT station on the Cross Island Line, further bolstering its appeal among buyers.
Tampines North EC is located in Tampines, Singapore’s first regional centre, is a thriving and vibrant suburban hub that is home to a large segment of the population in the East. It is today a key employment node and its proximity to the Changi Business Park and Changi Airport spurs economic activity, generating buzz in the area. There are also plenty of amenities and recreation options in and around Tampines.
With so much going on, it is little wonder that Tampines remains a highly sought-after location among many home buyers.
Commercial hub and a hive of activity
Established in 1992, the Tampines Regional Centre has continued to flourish. It is home to many large corporations including financial services firms. According to the latest Singapore population census, some 84,200 employed residents aged 15 years and over, or 3.8% of the resident workforce, worked in the Tampines planning area in 2020.
The nearby Changi Business Park and Changi Airport also offer employment opportunities closer to home. Meanwhile, the ongoing transformation of Eastern Singapore means more exciting plans are afoot, including more jobs in the semi-conductor and aviation industries. Under the Urban Redevelopment Authority’s (URA) Master Plan 2019, the Changi Region looks set to be a bustling economic powerhouse with upcoming developments such as the future Terminal 5, Changi East Industrial Zone and Changi East Urban District.
Tampines North is envisioned to be the budding new town extension to live, work, learn and play, offering a scenic and holistic living environment with future 7.5ha Linear Park and many upcoming facilities.
|Tampines North EC||Next to Tenet EC|
|Address||Tampines Street 62 (Parcel B)|
|Tenure of Land||99 years leasehold|
|Site Area||16,441.2 Sqm / 301,392 sqft
|Expected TOP Date||TBA|
|Expected Date of Legal Completion||TBA|
|No of units||~700 units|
|No of Parking Lot||TBA|
Why should not miss Tampines North EC?
- Walking distance to future Tampines North MRT Station (CRL)
- Near the Tampines Avenue 11 mixed-use integrated development
- Within 2-4 MRT stops to East-West (EWL), Downtown (DTL), North East (NEL) & Circle Line (CCL)
- Proximity to the Pasir Ris Town Park, Sungai Api Api & Pasir Ris Park with many lifestyle amenities
- Massive potential with close proximity to future transformation in the East, Regional business hubs at Tampines, Paya Lebar, Changi Business Park, Changi Airport and the future Changi East under Master Plan
- Surrounded by renowned education institutions, Elias Primary School, St Hilda's Primary School, Temasek Polytechnic, United World College SEA, SUTD, etc
- Varied mix of amenities & eateries within reach; Pasir Ris 8 Mall, Tampines Hub, Century Square, Tampines Mall, Tampines One, IKEA, Giant & Courts Megastore
- Comprehensive full condo facilities
- Functional and efficient unit layout, point block with 4 units per floor
- Limited supply of EC available in market especially in the vicinity, First Mover Advantage
- Only the privileged eligible to get the dream home
- Income ceiling increased to $16,000
- Enjoy CPF Grant up to $30,000 for first timer
- No Additional Buyer Stamp Duty for existing HDB owners
- Tenet EC left 3 units of 5 bedroom only!
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Retail, rest and recreation
With three retail malls in Tampines – Tampines Mall, Century Square, and Tampines 1 – as well as Jewel at Changi Airport, Changi City Point, and an upcoming mixed-use development (Pasir Ris 8) in Pasir Ris central, future residents of Tampines EC will not need to venture far for their daily necessities or to indulge in a bit of weekend retail therapy. Large format retail stores Ikea, Courts, and Giant hypermart are also minutes’ drive away.
Apart from shopping, those looking for more lifestyle and entertainment options can head on to the Downtown East resort in Pasir Ris as well as Our Tampines Hub (OTH), which is Singapore’s largest integrated community and lifestyle hub. The OTH is a mega development offering sports facilities, a regional library, community club programmes, a hawker centre and retail shops.
There are also a wide variety of green, blue and recreation spaces to take in the sights and sound of nature. Nearby Sungei Tampines and Tampines Eco Green Park, with its open grasslands, freshwater wetlands and a secondary rainforest, offer a quick getaway to rest and recharge. It is also a good spot for nature appreciation, bird watching, and hiking. A short distance away, the Pasir Ris Town Park and the large Pasir Ris Park further widen residents’ recreation options.
Families with school-going children will be glad to know that there are a number of schools around the area. They include Angsana Primary School, Elias Park Primary School, Tampines North Primary School, Meridian Secondary School, Tampines Meridian Junior College, Temasek Polytechnic, ITE College East, Singapore University of Technology and Design, and United World College of South East Asia (East Campus).
For leisure and entertainment, the residents can head down to WhiteSands, Tampines Eco Green, Downtown East Pasir Ris Town Park or Aranda Country Club etc. Tenet EC is close proximity to Changi Business Park that bring jobs closer to home.
Avid cyclists will be cheered by news of the extension of the cycling network in Tampines. Tampines cyclists can look forward to another 8km of cycling paths under a new project that increases the length of cycling paths in the town to 30km by 2026. (News) The Land Transport Authority (LTA) has said that work is underway to improve the neighbourhood infrastructure to support a more comprehensive walking and cycling network. The extension of the cycling network will better connect residents from their home to schools, workplaces, and other amenities in the area.
• Pasir Ris MRT
• Future Tampines North Cross Island Line (CR6)
• Tampines Expressway (TPE)
• Casuarina Primary School
• Elias Park Primary School
• Gongshang Primary School
• Meridian Primary School
• Park View Primary School
• Pasir Ris Primary School
• Meridian Secondary School
• Hai Sing Catholic School
• Loyang View Secondary School
• Pasir Ris Crest Secondary School
• East View Secondary School
• Dunman Secondary School
Lifestyle & Recreation
• Tampines Eco Green
• Downtown East
• Pasir Ris Town Park
• Sungei Api Api
• Aranda Country Club
• PA Staff Club
• PA Water-Venture - Pasir Ris
• Civil Service Aloha Loyang Resort
• Tampines Stadium
Tampines North MRT Station (CR6) is an underground station along the Cross Island Line (CRL) Phase 1. The station is located underneath Tampines Avenue 11, at the junction with Tampines Avenue 6 and Tampines North Drive 2, which are future roads which will serve the upcoming Tampines North residential town.
At present, the station is at the north edge of Tampines town and in the vicinity of industries near Tampines Industrial Street 62 which will be expunged in the future to make way for residential developments. When fully developed, Tampines North Station will be a transport node for the Tampines North estate and form an integrated Transport Hub (ITH) with the adjacent Tampines North Bus Interchange.
The station is targeted for completion and opening in Year 2030.