Information of Tampines St 62 EC
Two 99-year leasehold sites used as part of the Government Land Sales Program have each brought 9 proposals at state tenders.
One is a site for an exclusive housing development with business room on the 1st floor, situated alongside the upcoming Lentor MRT station on the Thomson-East Coastline Line; as well as another is a land parcel for an executive condominium (EC) real estate along Tampines Street 62. ECs are a public-private housing crossbreed.
For the EC land parcel in Tampines Street 62, the top proposal of S$ 422M or almost S$ 659 psf ppr came from a consortium comprising a Qingjian Realty and also Octava Pte Ltd joint venture and Santarli Realty.
Although it looks like really steep for such a mass market EC, compared with Canninghill Piers which will be launched soon, the launch price is actually very approachable.
New executive apartment in Tampines St 62, District 18, is tactically located along the condo belt, beginning with 2 of the existing condos in Tampines - The Trilliant and also the Citylife.
With the Tampines North terminal of Cross Island Line opening in year 2030 and future Integrated Transportation Center (ITH), the locals of Tampines North EC will take pleasure in excellent connection.
From: Tampines St 62 EC https://tampinesnorth-ec.com/
Motivated by the wonder of nature's terrace landforms, Tampines Street 62 EC is a bold building interpretation of natural splendour. A classic style characterised by rotating balconies of verdant greenery, water cascades and undulating surface. An extremely preferable address to call house, its estate condition leaves a lasting heritage for generations to delight in.
Tampines St 62 EC is in the ground Regional Centre in Singapore as well as fully grown estate with renewed restoration. There will be a lot of chances beyond 2030 - 800 hectares of makeover at your front door with the moving Paya Lebar Airbase in 2030.
Tampines is a preferred location with EC purchasers. Parc Central Residences at Tampines St 86, which was introduced in H1 2021, is around 14% left, attaining a median rate of above $1,170 psf.
real estate developers have constantly been certain about ECs, since these are a few of the much more sought-after property types. ECs are a cross between public as well as exclusive housing; they are only HDB residential or commercial properties for the 1st ten years, and also are fully private afterwards.
Tampines is the preparation area and domestic community in the geographical region of Tanah Merah situated along the north-eastern shore of the East Region of Singapore. The preparation location is surrounded by Bedok and Paya Lebar to the west, Pasir Ris to the north, Changi to the eastern, as well as the Singapore Straits to the south. Tampines New Community lies in the north section of Tampines preparing area.
