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PROJECT DETAILS

 

** FIRST TIME BUYERS: If you are planning to buy your very first property and do not know whether to buy a Resale HDB, BTO or a new launch EC, let us discuss your best possible option.

 

** EXISTING HDB OWNERS: If you are planning to change to another property, and would like to know whether to buy a EC or private condominiums, let us help you to assess your best possible options to get better returns on your dollars. We do not want to under-leverage on ourselves.

Tampines EC new site

The Housing and Development Board (HDB) has sold a residential site in Tampines Avenue 10, as part of Government Land Sales (GLS), in the 1st quarter of 2019. This land parcel is bounded by Tampines Avenue 10 and future extension of the current Tampines Street 85, is at the Eastern Region of Singapore. It has a land size of  268,438 square feet and is to house an approximate 700 residential units.


Hoi Hup Realty and Sunway Developments won the top bid of S$434.45 million and this translates into S$578 per square feet per plot ratio.

 

Other private residential developments that are within New Condo’s vicinity include Arc at Tampines, Waterview at Tampines, The Tropica, Pinevale, City Life at Tampines and The Tampines Trillant and the upcoming QBay Residences, Alps Residences, The Santorini and Tapestry.

 

New EC at Tampines- Connectivity
New and Upcoming EC in Tampines Avenue 10 is approximately 1.7 km away from Tampines Town Centre where the Tampines East West Line MRT Station and the upcoming Tampines Downtown Line MRT Station is located. Future residents of the New EC in Tampines Avenue 10 can also find many bus services available here at the Tampines Bus Interchange. Future residents of New EC can also access to Tampines West Downtown Line MRT Station, which is approximately 1.5 km away, in 2017 when it is starts its operations.

Getting to the Central Business District (CBD) and the Marina Bay Financial Centre (MBFC) is a breeze via the Tampines Avenue 10 which links to The Pan Island Expressway (PIE), the Kallang Paya Lebar Expressway (KPE) and the Marina Coast Expressway (MCE) and reach in approximately 14 minutes. To drive down to Orchard Shopping Belt, future residents just need connects to the Central Expressway (CTE) via the Pan Island Expressway. New EC is also easily link to the Tampines Expressway (TPE) which connects its future residents to various parts of the island.

 

New EC at Tampines- Amenities
Future residents of New Tampines Avenue 10 EC can find many shopping, dining and entertainment facilities at the Tampines Town Centre which housed many major shopping malls like Century Square, Eastlink Mall, Tampines Mall and Tampines 1. To get fresh market produce and economical local food, residents can take a short drive down to Tampines Round Market And Food Centre which is approximately 2 km away. The upcoming new Tampines Food Centre which will be located at Tampines Avenue is also approximately 1.3 km away.

 

New EC at Tampines- Education
There are numerous education facilities that are located just short distances away from the development such as Poi Ching School, Junyuan Primary School, East View Primary School, Tampines Primary School, Junyuan Secondary School, Springfield Secondary School, St Hilda’s Secondary School and Tampines Secondary School. New EC in Tampines Avenue 10 is also approximately 1.1 km away from Temasek Polytechnic. Many recreational facilities can be found within its poximity as it is near to Bedok Reservoir Park, Tampines Sports Hall, Tampines Bike Park and Safra Tampines.


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Project  Tampines Avenue 10 New EC
Developer  Hoi Hup Realty and Sunway Developments
Location  Tampines Avneue 10
District  18
Tenure  99 years leasehold
Site Area   24,938 square metres/ 268,438 square feet
GFA:  69,828 square metres/ 751,632 square feet
Plot Ratio  2.8
Expected TOP:
Total Units  Approximately  700 residential apartments
Total Carpark
Development  Executive Condo comprising of communal facilities
Unit Type:
Architect
Eligibility SC/ SC, SC/SPR can buy
 
Tampines Avenue 10 New EC Unit Mix Distribution
Unit TypeTypeArea (Square Feet)Total No. of Units
1 Bedroom TBA TBA TBA
2 Bedroom TBA TBA TBA
3 Bedroom TBA TBA TBA
4 Bedroom TBA TBA TBA
5 Bedroom TBA TBA TBA
Penthouse TBA TBA TBA
Tampines Avenue 10 New EC Facilities
TBA
  • TBA
  • TBA
Tampines Ave 10 New EC Price List
Unit TypeArea (Square Feet)PricingPSF
1 Bedroom TBA TBA TBA
2 Bedroom TBA TBA TBA
3 Bedroom TBA TBA TBA
4 Bedroom TBA TBA TBA
5 Bedroom TBA TBA TBA
Penthouse TBA TBA TBA

LOCATION and AMENITIES

Amenities Near New EC at Tampines Avenue 10

Category Important Amenities Near New EC at Tampines Avenue 10 Approximate Distance
Train Stations Tampines West (DT31) Downtown Line Due 2017
Tampines (EW2/DT32) Downtown Line Due 2017
1.7km
1.5km
Bus Stop Blk 874 (Bus: 69, 293)
Opp Blk 871A (Bus: 2N, 69, 293)
0.2km
0.2km
Supermarkets Fairprice (Tampines Central Community Complex)
Prime (Tampines 823)
Giant (829 Tampines)
Cold Storage (Tampines 1)
0.5km
0.9km
0.9km
1.7km
Shopping Malls Century Square
Eastlink Mall
Tampines Mall
Tampines 1
1.6km
1.6km
1.7km
1.7km
Education Institutions Preschool
Cavenur Kindergarten
PCF Tampines West Blk 887
PCF Tampines Central Blk 725
PCF Tampines Central Blk 856-854
PCF Tampines Central Blk 858-860
PCF Tampines Central Blk 713-714
Darul Ghufran Mosque Kindergarten
PCF Tampines West Blk 140-938
Soka Kindergarten
0.6km
0.7km
0.7km
0.8km
0.9km
1.0km
1.1km
1.8km
1.9km
Primary
Poi Ching School
Junyuan Primary School
East View Primary School
Tampines Primary School
0.7km
1.4km
1.4km
1.6km
Secondary
Junyuan Secondary School
Springfield Secondary School
St Hilda’s Secondary School
Tampines Secondary School
0.5km
0.6km
0.9km
1.7km
Junior College
Meridian Junior College 2.5km
Tertiary
Temasek Polytechnic 1.1km
International
The Japanese School (Primary School – Changi Campus) 4.1km
Food Centre Tampines Food Centre (U/C)
Tampines Round Market & Food Centre
1.3km
2.0km
Lifestyle Bedok Reservoir Park
Tampines Sports Hall
Tampines Bike Park
Sun Plaza Park
Water Venture – Bedok Reservoir Park
Safra Tampines
Tampines Eco Green
0.9km
1.2km
1.5km
1.5km
1.6km
1.8km
1.8km

FACILITIES SITE and FLOOR PLANS E-BROCHURE

The Facilities and Site plan of new EC launch at Tampines, are currently seeking approval from relevant authorities.

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AVAILABLE UNITS/ SOLD/ CHEAPEST PRICES PSF

TAMPINES OVERVIEW

Tampines Master Plan 2

Tampines Master Plan

One of the most visited retail and leisure destinations in Singapore, Tampines is home to large part of the popluation in the East. In the coming years, Tampines is poised to grow further with new housing, shopping facilities, more parkland and other amenities at Tampines North. Transport within Tampines will be augmented, including new rail lines like the Downtown Line that will offer residents shorter, more comfortable and convenient commutes. 

New EC launch at Tampines Avenue 10- Housing- Better living through a better environment

The new Tampines Town Hub will be Singapore's first integrated lifestyle hub in the heartlands, bringing retail, sporting and other community services together in one convenient space where residents can gather, interact and bond. 

Tampines is set to become an integral part of Tampines. When fully developed, Tampines will provide about 21,000 new homes for Singaporeans. Transport and other facilities will accompany the building of Tampines North to ensure a highly liveable and well-connected living environment for residents. 

Further developments that residents can look forward to include:

  • Expansion of Changi Hospital
  • A new Integrated Transport Hub (ITH) with MRT and bus interchanges co-located with residential and commercial uses after the completion of the DownTown Line (DTL) at Tampines Town Centre.
  • New amenities to complement new homes in Tampines North
  • In the longer term, Tampines North will also have two primary schools and two secondary schools and a new community centre. 

New EC launch at Tampines Avenue 10- Leisure- Green and blue spaces come alive

Parks and waterbodies are within easy reach of residents in Tampines including Sun Plaza Park, Tampines Eco Green and many neighbourhood parks. Residents also have convenient access to the nearby Bedok Reservoir. Park connectors running along Bedok Canal and along Sungei Tampines connect to the Eastern Coastal Loop, linking Tampines to East Coast Park and Pasir Ris Park. In the coming years, a number of initiatives will be implemented to ensure that most homes in Tampines will be within 400 metres of parks or park connectors. These include:

  • Setting aside substantial park alnd in Tampines North for Boulevard Park and Quarry Park that will bring greenery to the door steps of residents
  • A new Park connector running between Tampines Avenue 10 and Tampines Avenue 9 to link up the Bedok Reservoir Park and Pasir Ris Park
  • New neighbourhood parks in Tampines Street 86 and off Tampines Avenue 9

New EC launch at Tampines Avenue 10- Transport- Getting you there and back

Along the ITH at Tampines Town Centre, residents can look forward to smoother travel with these enhancements to roads and public transport services, including:

  • Enhanced Transport connectivity with 5 new MRT stations (Tampines West, Tampines Tampines East, Expo and Upper Changi) along the Downtown Line (DTL) which will be completed by 2017.
  • Expansion of the cycling network in Tampines Town and new cycling routes in Tampines North
  • Two new roads, Tampines Street 85 and Tampines Street 86
  • Improvements along Tampines Expressway and Pan Island Expressway
  • Extension of Tampines Street 82
  • Improvements in Simei Street 3 (From Simei Avenue to Simei Street 1), Tampines Avenue 4, Tampines Avenue 5, Tampines Avenue 7, Tampines Avenue 9, Tampines Avenue 10, Tampines Street 82, Bedok Reservoir Road and Tampines Street 23/32.
  • Realignment and wideing of Simei Road and Somapah Road

New EC launch at Tampines Avenue 10- Economy- Quality jobs closer to home

New Developments in Tampines will boost the number of jobs available, giving residents the opportunity to work closer to home.

What residents can expect

  • New Industrial sites within Tampines North along Tampines Avenue 10 and next to IKEA, Giant and Courts
  • More employment and  and educational opportunities from the continued development of Changi Business Park and Singapore University of Design and Technology (SUTD).

HIGHER DEMAND FOR ECs WITH ITS HIGH PROFIT MARGIN AND LOW ENTRY PRICE

EC- Article on Potential on ECs

Owners of Executive Condominiums (EC) stand a huge capital potential appreciation in due of the low entry price to purchase a unit compared to private condominiums.

After a period of 10 years, the EC will be privatised, changing its status to be on level to a private condominium. Foreigners will be able to purchase the unit then. Owners typically enjoy a capital gain after their EC is privatised.

The above table shows a significant increase in capital appreciation for EC owners. 

Purchasing an EC is extremely promising as we may look into such capital appreciation after it becomes privatised over time.

EC- Article on EC drawing more buyers

As the entry price for an Executive Condominium (EC) is much lower than a private condominium, demand for ECs has been on the rise. New EC units are generally 15-30% cheaper than private condominiums. In addition, first timer are entitled to receive a CPF Housing Grant of up to S$30,000. These make EC an extreme worthwhile asset to purchase. 

Physical features are similar when comparing between a new executive condominium with a private condominium. This include facilities such as gym, clubhouse, security guard, tennis court, swimming pool and many more.

With further developments in Sengkang and Seletar, residents of  New EC in Tampines Avenue 10 will look into a long term investment with high profit margin.

EC- Article on price gap closing between EC and private

When doing a comparison between an executive condominium and private condominium, we know that both EC and private condominiums offer the same features such as swimming pool, gym, tennis court and many more, 

As resale executive condominiums are typically larger in space comparing to its counterpart and with a lower entry price, demand has increased for the resale ECs. This has led to a narrowing of price gap.

Owners of resale ECs have profited greatly in the market with their low entry price and they had enjoyed the bigger space and same facilities.

HOI HUP REALTY and SUNWAY DEVELOPMENTS

Developer- Hoi Hup Realty

Hoi Hup Realty Pte Ltd, established since 1983. A dynamic real estate developer who has accomplished over 900 quality homes and currently has a pipeline of more than 500 private residential units at different stages of development. Sold out projects including The Ford @ Holland, Suites @ Cairnhill and Waterford Residence indicated that developments were well-received by the market.

An eye for details and years of experience in the industry, our people have gained knowledge of the properties we develop. This knowledge enables us to increase our effectiveness and to deliver a high level of quality and innovative products to our home buyers. 

Achieving high standards of building excellence. With a disciplined vision and a strong philosophy to develop properties that offer the highest level of style, functionality and innovation within prime and strategic locations, Hoi Hup’s dedication is harmonized by its commitment to outstanding workmanship and admirable value. Hoi Hup, are driven to innovate and set new standards as the niche developer that caters to a wide range of markets today and tomorrow.

Hoi Hup Past launches

Past Launches include:

Sea Esta

The Miltonia Residences

Arc@Tampines

Charlton Villas

City View@Boon Keng

deRoyale

Emerald East

Kovan Regency

La Vista@Yuan Ching

Legenda at Joo Chiat

Marine Ville

Merlot Ville

Mimosa Gardens

Questa at Dunman

Rio Gardens

Shelford 23

Sims Green

Suites@Cairnhill

The Bale

The Eastside

The Estiva

The Foliage

The Ford@Holland

The Foresta@Mount Faber

The Grandhill

The Maylea

The Peak@Toa Payoh

Vacanza@East

Versilia on Haig

Waterford Residences

Woodgrove Condominium

 

Main Contractor- Straits Construction

Straits Construction is one of Singapore’s leading builders with a repertoire of projects spanning the public and private sectors, from residential to commercial projects. Right from the start, we saw how we could do things better and faster. We are not just builders who know our craft well, but we are always thinking of ideas to take the business even further. We are innovators and solution providers looking for sustainable ways to improve the space where communities live and work in.

Some of our latest initiatives include leveraging technology to improve product quality, training and development to raise the skill levels of the industry, and spearheading one of Singapore’s integrated construction and prefabrication hubs to elevate productivity.

2016

The Whitley Residences

Cluster Terrace and Semi-Detached Housing Development (61 units) with common facilities at Whitley Road.

Straits Construction- Whitney Residences

2015

Sea Esta

Condominium Housing Development comprising of 6 blocks of residential building (376 units) at Pasir Ris Link.

Straits Construction- Sea Esta

Yishun Greenwalk

Public Housing Development comprising of 12 blocks of residential building (1400 units) at Yishun Avenue 9

Straits Construction- Yishun Greenwalk

Kovan Regency

Condominium Housing Development comprising 6 blocks of residential building and 15 terrace houses (393 units) with swimming pool and basement carpark at Kovan Rise.

Straits Construction- Kovan Regency

2014

The Miltonia Residences

Condominium Housing Development comprising of 18 blocks of residential building (410 units) at Miltonia Close

Straits Construction- Miltonia Residences

Lake Vista

Public Housing Development comprising of 4 blocks of residential building (682 units) at Yuan Ching Road

Straits Construction- Lake vista

Arc@Tampines>;;

Executive Condominium Housing Development comprising of 9 blocks of residential building (574 units) at Tampines Avenue 8

straits COnstruction- Arc Tampines

Fernvale Foliage

Public Housing Development comprising of 4 blocks of residential building (504 units) at Sengkang West Way

Straits COnstruction- Fernvale Foliage

TOOLBOX

Single-user Industrial Development with ancillary facilities at Tuas South Street 12

Sraits COnstruction- ToolBox

The Foresta @ Mount Faber

Condominium Housing Development comprising of 4 blocks of residential building (141 units) at Wishart Road

Straits COnstruction- Foresta mount faber

Vacanza @ East

Condominium Housing Development comprising of 7 blocks of residential building (473 units) at Lengkong Tujoh

Straits Construction- VacanzaEast

2013

Questa @ Dunman

Condominium Housing Development comprising of 2 blocks of residential building (122 units) at Dunman Road

Straits Construction- QuestaDunman

2012

Residences @ Killiney

Condominium Housing Development comprising of 2 blocks of residential building (68 units) at Killiney Road

Straits Construction- ResidencesKilliney

Casa Clementi

Straits Construction- Casa Clementi

The Peak @ Toa Payoh

Public Housing Development comprising of 5 blocks of residential building (1203 units) at Toa Payoh Lorong 1A

Straits Construction- The Peak Toa Payoh

2011

Damai Grove

Public Housing Development comprising of 8 blocks of residential building (738 units) at Punggol Drive

Straits Construction- Damai Grove

Shelford 23

Condominium Housing Development comprising of 2 blocks of residential building (33 units) at Shelford Road

Straits Construction- Shelford 23

2010

Buona Vista Court

Public Housing Development comprising of 4 blocks of residential building (828 units) at Holland Drive

 Straits Construction- Buona Vista Court
City View @ Boon Keng

Public Housing Development comprising of 3 blocks of residential building (714 units) at Boon Keng Road

Straits Construction- City view Boon Keng
Charlton Villas

Terrace and Semi-Detached Housing Development (39 units) with common facilities at Charlton Lane

Straits Construction- Charlton Villas

Dover Gardens

Public Housing Development comprising of 4 blocks of residential building (943 units) at Dover Crescent

Straits Construction- Dover Gardens
Waterford Residence

Condominium Housing Development comprising of 2 blocks of residential building (118 units) at Kim Yam Road

Straits Construction- Waterford Residence

Versilia on Haig

Condominium Housing Development comprising of 2 blocks of residential building (128 units) at Ipoh Lane

Straits Construction- Versilia on Haig

Suites @ Cairnhill

Condominium Housing Development comprising of a block of residential building (48 units) at Anthony Road

Straits Construction- SuitesCairnhill

Coralinus

Public Housing Development comprising of 6 blocks of residential building (365 units) at Punggol Place

Straits Construction- Coralinus

2009

Hoi Hup Building

Multiple-users Industrial Development with basement carpark at Jalan Kilang

Straits Construction- Hoi Hup Building

The Ford@Holland>;

Condo housing development comprising of 2 blocks of residential building (85 units) at Ford Avenue.

Straits Construction- The Ford Holland


HOI HUP AND SUNWAY DEVELOPMENTS WON TOP BID OF s$434.45 MILLION FOR TAMPINES NEW GLS EC PARCEL SITE

The tender for an executive condominium (EC) site at Tampines Avenue 10 received healthy interest from developers, with seven bids received.

EC-Tampines-Ave-10-bids

A consortium comprising Hoi Hup Realty and Sunway Developments submitted the highest bid of $434.45 million, followed by MCC Land (Singapore) with a $431.6 million bid.

CDL Constellation and TID Residential submitted the third highest bid of $414.3 million, while Qingjian Realty (Residential) and Evia Real Estate (8) offered $408.9 million for the site.

Lee Sze Teck, Huttons Asia’s head of research, attributed the keen interest received to the site’s location.

“It is not often that you get an EC site in a mature estate,” he said. “Furthermore sales of new EC projects in Tampines have been well-received in the past. Plus there is a lot of latent demand in the market for EC units judging from the ground experience. That may explain why we see such robust bids put in by developers.”

Launched for sale in October, the 24,933.7 sq m EC site has a maximum gross floor area of 69,815 sq m and a gross plot ratio of 2.8. It comes with a 99-year lease and could yield 695 housing units.

CONTACT US

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