The Executive Condominium (EC) site at Tampines Street 95 garnered strong interest from developers, attracting a total of five bids. Sim Lian Group emerged as the highest bidder, securing the land at a record-breaking price of $768 per square foot per plot ratio (PSF PPR), the highest ever for an EC site. With this premium land cost, the estimated break-even price for the development is projected to be around $1,500 PSF, signaling a potential benchmark for future EC prices in the area.

This latest acquisition reflects Sim Lian's continued confidence in the Tampines estate, as the developer had previously secured another EC site at Tampines Street 62, now known as Aurelle of Tampines. The consistent investment in the region highlights the strong demand and appeal of Tampines as a residential hub. With its well-established amenities, connectivity, and vibrant lifestyle offerings, Tampines remains one of the most sought-after locations for homebuyers looking for long-term value and convenience.

The upcoming EC at Tampines Street 95 is expected to offer approximately 560 residential units, catering to families and individuals seeking modern condominium-style living at an attractive price point. Strategically positioned just minutes from Tampines West MRT Station, residents will enjoy excellent connectivity to the rest of Singapore via the Downtown Line. With a wealth of amenities, including shopping malls, reputable schools, and recreational facilities in the vicinity, this new EC development is set to be a highly desirable choice for homebuyers and investors alike.