Upcoming Tampines West EC

K

kiatme

Senior Member
Joined
Dec 7, 2009
Messages
1,217
Reaction score
278
Its Tampines, any launches in Tampines all people snatch de..
Parc Central, Tenet, Aurelle etc.

Likely will be next year launch, EC have a 15month wait before developer can launch for sales
 
M

mistyframe

Junior Member
Joined
Nov 17, 2024
Messages
65
Reaction score
38
kiatme said:
Its Tampines, any launches in Tampines all people snatch de..
Parc Central, Tenet, Aurelle etc.

Likely will be next year launch, EC have a 15month wait before developer can launch for sales
Click to expand...
Why is that so?
I recall Parc Central not even near much amenities or mrt but also seems popular so I am wondering what is the allure lol
 
C

Celibrium

Member
Joined
Sep 21, 2014
Messages
239
Reaction score
59
Parc Central 5 bedder back then not even that long ago only 1.6xx million. Same 5 bedder in Tampines Aurelle or upcoming Street95 gonna cost 2.5 million. Prices went up by 900k in a span of 4 years.

Still want to wait to buy? :p
 
Advancer

Advancer

Banned
Joined
Oct 14, 2001
Messages
4,911
Reaction score
1,334
jingxuan89 said:
Haha, must it be 15 months wait? Or there could be an option to skip the wait for 15 months?
Click to expand...
EC can only be launched for sale 15 months after developer is being awarded the land or when foundation is completed, whichever comes first.
 
M

mistyframe

Junior Member
Joined
Nov 17, 2024
Messages
65
Reaction score
38
Celibrium said:
Parc Central 5 bedder back then not even that long ago only 1.6xx million. Same 5 bedder in Tampines Aurelle or upcoming Street95 gonna cost 2.5 million. Prices went up by 900k in a span of 4 years.

Still want to wait to buy? :p
Click to expand...
But Parc Central location vs Aurelle… can see why Aurelle cost more and still sold out
 
K

kiatme

Senior Member
Joined
Dec 7, 2009
Messages
1,217
Reaction score
278
mistyframe said:
Why is that so?
I recall Parc Central not even near much amenities or mrt but also seems popular so I am wondering what is the allure lol
Click to expand...
As in why people snatch anything in Tampines ?
  • Now Tampines got like 8-10 new BTO plots, 2-3 already MOP, if you see transactions, there are so many healthy number of transactions even though the new BTO plot got nothing, there is no explanation why there are so many transactions there but it is what it is.
  • Tampines is a self sufficient town, plenty of good primary schools, a lot of shopping malls, community club with a lot of events, got parks got everything, personally I don't think it is that overcrowded, like if you take public transport or drive you don't encounter jam as bad as punggol/sengkang
  • I think the main reason why is because Tampines was a new town in the 80s, a lot of people grew up in Tampines, these people are now in their 30s and 40s, these are the people with buying power, sentimental value.
  • I said before in other posts, you can ask your friends who stay in Tampines etc, people don't see Simei / Tanah Merah / Bedok / Eunos etc as an upgrade vs staying in Tampines, they rather buy back Tampines then move down the MRT line closer to town.
  • When PC/Tenet launch, their new launch prices are similar / higher to the private condos around the area, age difference is less than 10 years also. Imagine an EC selling higher than a private condo, and they're almost full sold on day 1, likely any condos in Tampines will always be a sell out as long as developer don't price it too ridiculously.
 
rider83

rider83

Arch-Supremacy Member
Joined
Jun 13, 2007
Messages
10,894
Reaction score
4,812
kiatme said:
As in why people snatch anything in Tampines ?
  • Now Tampines got like 8-10 new BTO plots, 2-3 already MOP, if you see transactions, there are so many healthy number of transactions even though the new BTO plot got nothing, there is no explanation why there are so many transactions there but it is what it is.
  • Tampines is a self sufficient town, plenty of good primary schools, a lot of shopping malls, community club with a lot of events, got parks got everything, personally I don't think it is that overcrowded, like if you take public transport or drive you don't encounter jam as bad as punggol/sengkang
  • I think the main reason why is because Tampines was a new town in the 80s, a lot of people grew up in Tampines, these people are now in their 30s and 40s, these are the people with buying power, sentimental value.
  • I said before in other posts, you can ask your friends who stay in Tampines etc, people don't see Simei / Tanah Merah / Bedok / Eunos etc as an upgrade vs staying in Tampines, they rather buy back Tampines then move down the MRT line closer to town.
  • When PC/Tenet launch, their new launch prices are similar / higher to the private condos around the area, age difference is less than 10 years also. Imagine an EC selling higher than a private condo, and they're almost full sold on day 1, likely any condos in Tampines will always be a sell out as long as developer don't price it too ridiculously.
Click to expand...

Your analysis is very good and spot on!
 
You must log in or register to reply here.
Important Forum Advisory Note
This forum is moderated by volunteer moderators who will react only to members' feedback on posts. Moderators are not employees or representatives of HWZ. Forum members and moderators are responsible for their own posts.

Please refer to our Community Guidelines and Standards, Terms of Service and Member T&Cs for more information.
Top