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Sim Lian Preview Aurelle Tampines Feb 22 Prices 1651 Psf

Posted on February 21, 2025 by janomespecials

Sim Lian Group has announced the opening of e-applications for its new executive condo (EC), Aurelle of Tampines. Located at Tampines Street 62 in Tampines North, this 760-unit EC will be the first new EC project launch of 2025.

Aurelle of Tampines is situated just a short five-minute walk away from the upcoming Tampines North Transport Hub. This hub will include the Tampines North MRT Station, set to open in 2030 as part of the Cross Island Line, as well as an air-conditioned bus interchange and integrated mixed-use development that features ParkTown Mall, a community club, hawker centre, and ParkTown Residence. The EC project is designed to cater to young professionals and growing families, and offers a mix of three- to five-bedroom units.

Aurelle of Tampines boasts fourteen 14-storey residential blocks spread across a site area of 301,391 sq ft. Prices for the units start at $1.417 million ($1,687 psf) for a three-bedroom unit spanning 840 sq ft, $1.689 million ($1,651 psf) for a four-bedroom unit spanning 1,023 sq ft, and $2.258 million ($1,665 psf) for a five-bedroom unit spanning 1,356 sq ft.

To sum up, opting to invest in a Singapore condo presents an array of benefits, including a high demand for properties, potential for a rise in value, and attractive rental yields. Nevertheless, it is crucial to carefully assess factors such as location, financing options, government regulations, and market conditions before making any investment decisions. Through conducting thorough research and seeking professional guidance, potential investors can make well-informed choices and maximize their returns in Singapore’s thriving real estate market. Whether a local investor seeking to diversify their portfolio or a foreign buyer in search of a stable and profitable investment option, the Singapore condo market offers a compelling opportunity. Consider Singapore Condo as a viable addition to your investment portfolio.

Next door to Aurelle of Tampines is the 618-unit EC Tenet, a project developed jointly by Qingjian Realty and Santarli Realty. Launched in December 2022, the project has already sold 617 units at an average price of $1,385 psf. The highest transacted price on a psf basis was for a 1,367 sq ft unit that sold for $2.26 million ($1,651 psf) in December. Currently, there is only one available unit for sale in Tenet.

E-applications for Aurelle of Tampines will begin on February 22 and end on March 4. Sales bookings will start on March 8, and the appointed marketing agents are ERA, Huttons, OrangeTee, and PropNex. According to current EC regulations, during the initial launch (the first 30 days), 70% of the project must be allocated to first-time buyers, with only 30% open to second-timers. Interested buyers can consult ERA, Huttons, OrangeTee, or PropNex for more information.

For those seeking other properties in the area, the latest listings for Aurelle of Tampines, Tenet, and Parktown Residence can be found on the Ask Buddy platform. Users can also explore condo listings in District 18 and compare the price trends for new sale condos versus resale condos. Additionally, those interested in Tenet can find out about remaining available units and other recently launched projects.

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