- Tenet EC is developed by: Qingjian Realty and Santarli Construction
- Total Units: Estimate 618
- Bedroom Type: To be advise
- Vacant of possession: To be advise
- Location: Tampines Street 62 (Parcel A)
LAUNCHING SOON in 4th Quarter of 2022
| For buyer looking for, | Not for buyer, |
|---|---|
| Near MRT | Who do not prefer East side of Singapore |
| Potential capital appreciation | Looking for mature town |
| Near retails | Who don’t meet criteria to purchase EC |
Hold off on your trip for Tenet EC, get prepared to select your ideal home at Tenet EC this year’s end.
Although there isn’t any official information available on the property yet, we’re committed to providing you with the most recent details and an objective review.
We are anticipating 618 units, with expected release date in the fourth quarter of 2022.
If you missed out on Parc Central Residences on Tampines Avenue 10, you’re in luck with Tenet EC’s proximity to the MRT station.
The next EC land (Parcel B) is next to Tenet EC, where parcel B is still on the reserve list at the time of writing.
What will the land cost? Well, I am convinced that it will not cost less than Tenet EC land price at $659 psf (ppr). Rather, I’d like to wager that it will exceed $700 psf (ppr).
We will go over to pricing in further detail in the subsequent section of this post.
Tenet EC location
Changi Business Park and Changi Airport are two significant employment centres located in eastern Singapore. The semi-conductor and aviation-related business clusters at Tampines North, Pasir Ris, and Changi will bring additional jobs to the East.
Many of us may only be familiar with NUS, NTU, SIM, and SMU. Do you realise that the East of Singapore is home to the public autonomous university known as the Singapore University of Technology and Design (SUTD)?
Additionally, East is about more than just employment. The longest recreational beach, Changi Beach and East Coast Park, are also located there.
Neighbour to Pulau Ubin, a popular offshore island. From Tenet EC, you can easily bike to the jetty and take a boat over to see Pulau Ubin’s natural beauty.
If you frequently travel, going to Changi Airport or Tanah Merah Jetty is never stressful.
“East is a paradise surrounded with convenience in term shopping, education, work and nature”
.
1st mover advantage in a new cluster
MRT, shops all within
More jobs are moving closer to Tampines North, according to our city planner, URA.
It is simple to travel by highway or MRT from Tampines North to Seletar Aerospace, Pasir Ris, Changi Airport, and Changi Business Park for business.
The Cross Island Line, which is scheduled to be finished in 2030, will revolutionise convenience for Tenet EC residents. Connecting commuters to different lines, allowing for quicker and more effective travel to different areas of Singapore. It is still possible to provide you with compelling arguments against owning a car without sacrificing convenience.
Since Tenet EC pricing will be higher than Copen Grand, is it still worth buying?
Tenet expected to launch at a projected average price of $1,3xx per square foot is definitely something we cannot say is cheap for today. Tomorrow might be a different story altogether, we might say why not get Tenet EC or any other property when given a chance.
First-timers have a solid chance at BTO as well, so why even think about an EC, right? First of all, EC reminds me of a condo that has been subsidised. It attracts to young, successful individuals who start out on their own, seek a better lifestyle without depleting their financial reserves. Knowing that they could get a CPF housing grant of up to $30,000 will make them even more pleased.
Since you are here to learn about Tenet EC, I will not go too far in talking about new EC vs BTO.
Young couple who has grown up in the East with their friends and family still in the East. Ask them, if they would be willing to reside by themselves in the West for perhaps a $56 psf (ppr) savings in land price.
In 2021, the most expensive EC property sold was Tenet EC land, which cost $659 per square foot (per plot ratio). However, this record will soon be surpassed by EC land at Bukit Batok West Ave 8 in only a few months.
Why would you benefit from Parcel B and the next land sales for a mixed-use development? Due to the fact that Parcel B is also close to Tampines North MRT. Developers will be aggressive, especially for Qing Jian, who might wish to have complete control of this region.
If you buy Tenet EC now instead of later, you could save a lot of money in the same area.
Tenet EC Floor Plan and Site Plan
The official Copen Grand EC floor layout and site plan will take some time to finish.
Before you buy Tenet EC, Purchasing EC is more complicated than purchasing a private condo unit. It is also critical to double-check the loan amount based on the Mortgage Servicing Ratio (MSR) and many other things.
Join our list of buyers like yourself, we provides you with the most up-to-date information and ensuring your purchase is seamless and worry-free.
Speak to us today.
Our Opinion
Tenet EC will be fantastic, especially very soon after the Mixed-development was sold later in the year. You will see a lot of interest in Tenet at that point.
People who are eligible to buy EC may wonder whether they should choose a lot less expensive option in Tenet EC or pay more than $2,000 per square foot merely to have malls and easy access to the MRT for the new Mixed-development.
The pricing differential will be too wide to disregard Tenet’s advantage.
Who Is eligible to buy a new EC In Singapore?
One of the buyer must be a Singapore Citizen and met HDB’s eligibility in order to buy a new EC.
Can Singapore Permanent Residence Buy a New EC?
No. New EC is only for Singapore Citizen.
What are the new EC available now?
In the West will be Copen Grand EC, expected to launch 4th quarter 2022. North Gaia in Yishun that was launched in mid 2022.