Sim Lian Group has announced that its newest executive condominium (EC) project, Aurelle of Tampines, will be open for e-application starting from Feb 22. This highly anticipated 760-unit EC is situated at Tampines Street 62 in Tampines North and marks the first new EC project launch for the year 2024.The prime location of Aurelle of Tampines is just a five-minute walk from the upcoming Tampines North Transport Hub, which comprises of the Tampines North MRT Station (on the Cross Island Line expected to be in operation by 2030), air-conditioned bus interchange and is integrated with the mixed-use development, ParkTown, which also includes a mall, community club, hawker centre and residential component known as ParkTown Residence. In fact, ParkTown Residence, which offers a total of 1,093 units, will also be officially launched for sale on the same day as Aurelle of Tampines.Constructed on a vast land area spanning 301,391 sq ft, Aurelle of Tampines boasts fourteen 14-storey residential blocks. According to Sim Lian Group, the units are designed to cater to the needs of young professionals and growing families, hence a mix of three- to five-bedroom units are being offered.Prices for available units at Aurelle of Tampines range from $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 of 1,023 sq ft and $2.258 million ($1,665 psf) for the largest five-bedroom unit measuring 1,356 sq ft. The development also houses a stunning clubhouse which overlooks seven inviting pools, adding a touch of luxury for its residents. In addition, future residents can also look forward to the upcoming Tampines North MRT Station, air-conditioned bus interchange, hawker centre and mall as part of a mixed-use development, making living at Aurelle of Tampines extremely convenient.The neighbouring executive condominium, Tenet, is also located just next door to Aurelle of Tampines with a total of 618 units and is developed 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. According to the latest transaction prices, the highest price per square foot was $1,651 with a 1,367 sq ft unit sold at $2.26 million in December. As of Feb 21, there is only one available unit left for sale at Tenet.For interested buyers, the e-application period for Aurelle of Tampines starts from Feb 22 and ends on Mar 4, while sales bookings commence on Mar 8. The appointed marketing agents for this development are ERA, Huttons, OrangeTee and PropNex.Under the current EC regulations, during the initial launch (first 30 days), 70% of the units are allocated for first-time buyers while only 30% are available to second-timers. For more information on Aurelle of Tampines, Tenet and ParkTown Residence, do check out their latest listings and available units on Ask Buddy, your trusted source for all things property in Singapore.
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