Why is Tampines St 62 EC a good buy?

2 99-year leasehold land parcels offered as part of the Government Land Sales Program have each brought nine quotes at state tenders.

One is a land parcel for a residential housing development with commercial room on the first storey, located beside the upcoming Lentor MRT terminal on the Thomson-East Coastline Line; and also an additional is a land parcel for an executive condo (EC) housing along Tampines St 62. ECs are a public-private housing hybrid.

For the EC land parcel in Tampines St 62, the top quote of S$ 422M or nearly S$ 659 psf ppr tendered by a consortium comprising a Qingjian Realty as well as Octava Pte Ltd joint venture and Santarli Realty.

If people believe the Tampines St. 62 EC price is high, time to think about Canninghill Piers which will be sold above $3k.

The Tampines St 62 EC development is approximately 1 km from the Pasir Ris MRT station, near nature parks such as Tampines Eco Green Park as well as Tampines North Blvd Park. It is also located towards the south of Tampines Meridian Junior College. Close-by institutions are Poi Ching Primary School, Gongshang Pri school, Elias Primary, etc.

Image from: Tampines St 62 EC https://tampinesnorth-ec.com/
Inspired by the wonder of nature's terrace landforms, Tampines St. 62 EC is a strong architectural interpretation of all-natural splendour. A classic style qualified by rotating terraces of green greenery, water waterfalls and undulating terrain. An extremely preferable address to call home, its property status leaves a long-term tradition for generations to appreciate.

Tampines St 62 EC is in the first Regional Centre in Singapore as well as mature estate with renewed restoration. There will certainly be plenty of opportunities past 2030 - 800 hectares of change at your doorstep with the moving Paya Lebar Airbase in 2030.
Tampines is a popular location with EC customers. Parc Central Residences at Tampines Street 86, which was introduced in January this year, is about 86% sold, attaining a typical price of $1,173 psf.


Piermont Grand was sold at a typical rate of $1,151 psf, and Parc Central Residences at $1,173 psf. For that reason, an average asking price of above $1,200 psf for brand-new ECs could be achieved when the Tampines St 62 EC is launched.

Tampines is the third-largest brand-new community in Singapore by location, covering over 2089 hectares of land, as well as also is the 3rd most populated new community, adhering to Bedok and also Jurong West. It is the local centre for the East Area.