What you should know about Tampines St 62 EC?

Records were broken when bids were submitted on Thursday for two residential sites under the Government Land Sales (GLS) programme. For the EC plot in Tampines Street 62, the top bid of S$422 million or nearly S$659 psf ppr came from a consortium comprising a Qingjian Realty and Octava Pte Ltd joint venture and Santarli Realty. Octava consists of 3 Singapore citizens.

Probably you believe the Tampines Street 62 EC price shouldn’t be that high, time to think about Canninghill Piers which will be launched at $3k.

The Tampines St 62 EC development is around 1 km from the Pasir Ris MRT station, near nature parks including Tampines Eco Eco-friendly Park and also Tampines North Boulevard Park. It is also situated in the direction of the south of Tampines Meridian JC. Neighboring institutions are Poi Ching Primary School, Gongshang Primary, Elias Pri school, and so on.

Source: Tampines St 62 EC https://tampinesnorth-ec.com/

Tampines St 62 EC location map

Tampines has had a number of HDB Build-To-Order releases in the past couple of years, providing a big swimming pool of possible upgraders to ECs.

Tampines North blueprint

Tampines St 62 EC remains in the ground Regional Centre in Singapore and also mature estate with renewed restoration. There will be a lot of possibilities past 2030 – 800 hectares of makeover at your front door with the relocation Paya Lebar Airbase in 2030.
Tampines is a prominent place with EC buyers. Parc Central Residences at Tampines St. 86, which was introduced in H1 2021, is about 86% sold, achieving an average price of above $1,170 psf.

Tampines North Boulevard Park

Piermont Grand was cost a mean price of $1,151 psf, and also Parc Central Residences at $1,173 psf. Therefore, a median selling price of above $1,200 psf for new ECs is totally possible when the Tampines St 62 EC is introduced.

Tampines is the third-largest brand-new town in Singapore by area, covering over 2089 hectares of land, as well as also is the third most inhabited brand-new community, adhering to Bedok as well as Jurong West. It is the regional centre for the East Region.

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