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Sim Lian Preview Aurelle Tampines Feb 22 Prices 1651 Psf

Posted on February 21, 2025

Sim Lian Group has announced the opening of its new executive condominium, Aurelle of Tampines, for e-application on February 22nd. Located at Tampines Street 62 in Tampines North, this 760-unit EC is the first new launch of 2025.

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In summary, purchasing a condominium in Singapore comes with a multitude of benefits, including high demand, potential for increased value, and attractive rental returns. Nonetheless, it is crucial to carefully evaluate various aspects such as location, financing options, government regulations, and the current market conditions before making a decision. By conducting thorough research and seeking expert guidance, investors can make well-informed choices and maximize their profits in Singapore’s ever-evolving real estate market. Whether you are a local investor looking to expand your portfolio or a foreign buyer seeking a secure and profitable investment, Singapore’s condo developments, such as Singapore Projects, offer a compelling opportunity.

The development is just a short five-minute walk from the upcoming Tampines North Transport Hub, which includes the Tampines North MRT Station on the Cross Island Line, set to open in 2030. It will also feature an air-conditioned bus interchange and is integrated with the mixed-use development, ParkTown Mall, Community Club, Hawker Centre, and ParkTown Residence. The nearby 1,093-unit ParkTown Residence will also be officially launched for sale on February 22nd.

Aurelle of Tampines is spread across 14 14-storey residential blocks on a site area of 301,391 sq ft. The units are designed for young professionals and growing families, offering a mix of three- to five-bedroom units.

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Prices for the units at Aurelle of Tampines range from $1.417 million ($1,687 psf) for a three-bedroom unit of 840 sq ft, to $1.689 million ($1,651 psf) for a four-bedroom unit of 1,023 sq ft, and $2.258 million ($1,665 psf) for a five-bedroom unit of 1,356 sq ft.

Next door to Aurelle of Tampines is the Tenet EC, a 618-unit development by joint developers Qingjian Realty and Santarli Realty. Launched in December 2022, the project has 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. As of February 21st, Tenet has just one available unit for sale.

E-application for Aurelle of Tampines will begin on February 22nd and end on March 4th, with sales bookings commencing on March 8th. The appointed marketing agents are ERA, Huttons, OrangeTee, and PropNex.

Under the current EC regulations, during the initial launch (the first 30 days), 70% of the project has to be allocated to first-time buyers, with only 30% open to second-timers. Buyers can browse the latest listings for Aurelle of Tampines, Tenet, and Parktown Residence properties on the Ask Buddy platform, which also offers condo listings, rental transactions, and price trends for District 18.

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