Information of Tampines St 62 EC
2 99-year leasehold sites supplied as part of the Government Land Sales Programme have actually each fetched 9 bids at state tenders on Thursday.
One is a site for an exclusive housing development with commercial room on the ground storey, located next to the upcoming Lentor MRT terminal on the Thomson-East Coastline Line; and one more is a plot for an executive condominium (EC) real estate along Tampines Street 62. ECs are a public-private housing hybrid.
For the EC land parcel in Tampines St. 62, the leading quote of S$ 422M or nearly S$ 659 psf ppr tendered by a consortium making up a Qingjian Realty and also Octava Pte Ltd joint venture and Santarli Realty.
Although it looks like very high as a mass market EC, compared with Canninghill Piers which will be launched soon, the price is actually very approachable.
The Tampines St 62 EC development is about 1 km from the Pasir Ris MRT station, near nature parks such as Tampines Eco Eco-friendly Park as well as Tampines North Boulevard Park. It is likewise located in the direction of the south of Tampines Meridian Junior College. Close-by colleges are Poi Ching Primary School, Gongshang Pri school, Elias Pri school, and so on.
From: Tampines St 62 EC https://tampinesnorth-ec.com/
Inspired by the wonder of nature's terrace landforms, Tampines Street 62 EC is a bold architectural interpretation of natural splendour. A classic style qualified by alternating balconies of verdant plant, water waterfalls and undulating surface. A very preferable address to call house, its estate status leaves a long-term tradition for generations to take pleasure in.
Tampines St 62 EC remains in the ground Regional Centre in Singapore and fully grown estate with renewed renewal. There will certainly be lots of chances past 2030 - 800 hectares of change at your doorstep with the moving Paya Lebar Airbase in 2030.
Tampines is a popular area with EC buyers. Parc Central Residences at Tampines Street 86, which was introduced in Jan 2021, is about 14% left, achieving a mean rate of $1,173 psf.
Piermont Grand was sold at a mean price of $1,151 psf, and Parc Central Residences at $1,173 psf. Therefore, a median asking price of over $1,200 psf for new ECs is totally possible when the Tampines St 62 EC is released.
Tampines is the preparation location and property town in the geographical area of Tanah Merah situated along the north-eastern shore of the East Area of Singapore. The planning location is surrounded by Bedok as well as Paya Lebar to the west, Pasir Ris to the north, Changi to the eastern, and the Singapore Straits to the south. Tampines New Community lies in the north section of Tampines intending area.
