Tampines EC is a 99-years leasehold development located in Tampines Avenue 10. It is expected to launch in the second half of 2020.
The site of this development can provide a rare opportunity, to develop a luxury EC development within a matured estate. The last time any EC launched in the Eastern Region was in 2012. Given the high pent-up demand for EC and with a combination of limited supply. Tampines EC will definitely be drawing lots of buyer into this development.
Developer who knows what will be the best for EC
Hoi Hup Sunway – a consortium comprising Hoi Hup Realty Pte Ltd and Sunway Developments Pte Ltd.
The combined strengths and expertise of these two companies have all the attributes of a winning combination, which sparked off the success of not just one, but two collaborations, of Design – Build-Sell-Scheme (DBSS) public housing developments, namely City View @ Boon Keng and The Peak @ Toa Payoh.
Together, They intends to develop a luxury EC development of up to 700 units on this 24,938sqm site. This site can yield up to a maximum of 69,829sqm GFA. There is likely to have unit mix of 2 bedroom, 3 bedroom, 4 bedroom and 5 bedroom.
Hoi Hup Realty Pte Ltd is a well-established property developer based in Singapore.
Under Hoi Hup Group of companies, our portfolio sports numerous locales both prominent and notable developments like Residences @ Killiney, Shelford23, Suites @ Cairnhill, Charlton Villas, De Royale and more.
With unflinching, dedicated and steadfast commitment, Hoi Hup Realty Pte Ltd has clinched numerous accolades. The BCA Best Buildable Design Award Merit 2007 and Construction Excellence Award 2008; for the De Royale Condominium and the coveted SME 500 Award for its exceptionally promising SME.
Sunway Developments Pte Ltd, the company has projects in both public and private sectors
They worked on several Design & Build Projects such as, lkea @ Tampines and The Meadows at Punggol, DBSS on R&D exercise. Their aim is to implement innovative products such as prefabricated toilet systems, lift upgrading so to cater to the needs of the ever-changing market.
PROJECT TARGET TIMELINE
Expected to launch in the 2nd half of 2020
|Developer||Hoi Hup Realty and Sunway Group|
|Address||Tampines Avenue 10|
|Site Area (Est)||24,938 Square Meters|
|Total units / Number of tower / Max Floor||To be advise|
|Bedroom type||2 bedroom to 5 bedroom (To be confirm)|
|Estimate completion (On paper)||To be advise|
Tampines EC will be located In Well-Planned Matured Estate
Located in the mature estate of Tampines, Tampines EC will be the one to watch out for in 2020!
Tampines EC site is located at the intersection of Tampines Ave 10 and Ave 5, next to the condo The Alps Residences.
We can bet on the many HDB owners in the surrounding Tampines and Pasir Ris estates. As ECs offer a very attractive entry price into private housing ownership, especially with grand up to $30,000 (Terms and conditions applies). They will be looking at upgrading to this EC at Tampines Ave 10.
Tampines is well served by mega malls such as Our Tampines Hub, Tampines Mall, IKEA, Giant and Courts Megastore. Jewel Changi Airport is just one MRT stop away.
Plenty of greenery, parks and community spaces dot the estate. SAFRA Tampines is also a stone’s throw away.
- Located near amenities such as Tampines Mall, Century Square, Tampines One, Tampines Hub, retail warehouses like IKEA and Giant. And recreational facilities such as Bedok Reservoir Park.
- Located in the matured Tampines Regional Centre.
- Easily accessible islandwide via TPE and PIE.
- Near upcoming Tampines West MRT.
- Short drive to Changi Airport and Jewel.
- Near elite primary schools such as United World College of South East Asia (East Campus), St. Hilda’s Primary and Secondary Schools and Temasek Polytechnic.
|Nearest MRT Station||Tampines West MRT|
|Shopping Mall within 1km||Ikea at Tampines, Giant Supermart at Tampines, Courts at Tampines|
Tampines EC Site Plan
The site plan is not ready yet, do leave your contacts below to get fresh updates and discounted VVIP prices from the developer.
Tampines EC Floor Plan
The floor plan is not ready yet, do leave your contacts below to get fresh updates and discounted VVIP prices from the developer.
The land was awarded to Hoi Hup Realty Pte Ltd’s joint venture with Sunway Group with a winning bid of S$434.4m, or S$578 per square feet per plot ratio. This could work out to an average of aound $1,000psf.
While buying a new EC already avails you to some price upside (as ECs are essentially deeply discounted private condos subject to a 5 year minimum occupation period), the real icing on the cake is the relocation of Paya Lebar Airbase.
With the Airbase moving out, more space will be free up in the future, and that will mean more exciting development in that area. As the new and exciting developments to take place on the site of Paya Lebar Airbase, it will undoubtedly increase property prices in the surrounding areas.
Let us know how we can assist in getting your dream home.
Leave your contacts below to get fresh updates and discounted VVIP prices from the developer, as we approach the launch in the 2nd half of 2020!