On February 22, Sim Lian Group announced the opening of its executive condo (EC) Aurelle of Tampines for e-application. This 760-unit project is located at Tampines Street 62 in Tampines North and marks the first new EC launch of 2025.
Aurelle of Tampines is strategically situated just a five-minute walk from the upcoming Tampines North Transport Hub, which includes the Tampines North MRT Station (on the Cross Island Line, slated to open in 2030), an air-conditioned bus interchange, a mixed-use development called ParkTown Mall, a Community Club, a Hawker Centre, and ParkTown Residence. The 1,093-unit ParkTown Residence will also be launched for sale on February 22.
The EC project consists of fourteen 14-storey residential blocks spread across a site area of 301,391 sq ft. According to Sim Lian, the units are designed to cater to young professionals and growing families, hence they offer a mix of three- to five-bedroom units.
Prices for Aurelle of Tampines start from $1.417 million ($1,687 psf) for a three-bedroom unit with a size of 840 sq ft, $1.689 million ($1,651 psf) for a four-bedroom unit with a size of 1,023 sq ft, and $2.258 million ($1,665 psf) for a five-bedroom unit with a size of 1,356 sq ft.
Next to Aurelle of Tampines is the 618-unit Tenet EC, 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, which was sold for $2.26 million or $1,651 psf in December. As of February 21, there is only one available unit for sale in Tenet.
E-application for Aurelle of Tampines will start on February 22 and end on March 4, with sales bookings commencing on March 8. The appointed marketing agents for the project are ERA, Huttons, OrangeTee, and PropNex.
Under the prevailing 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 check out the latest listings for Aurelle of Tampines, Tenet, and ParkTown Residence on the market.