What are the Prices for Aurelle of Tampines EC?
The prices of Aurelle of Tampines EC are not available yet. However, an average price of $1,600 to $1,650 psf is expected based on its land cost and the most recent Novo Place EC launch.
During Novo Place EC's sales launch on 16 November 2024, it achieved an average selling price of $1,654 psf.
During the government land sale on 9 October 2023, Sim Lian was awarded the 301,392 sq ft Aurelle of Tampines site after submitting the highest bid of $543.28 million. This works out to a land rate of $721 psf per plot ratio (psf ppr).
This smashed the previous record-high land rate of $703 psf ppr for the Novo Place EC site. However, this was subsequently broken by the tender for the Jalan Loyang Besar site ($729 psf ppr) in August 2024, followed by the Tampines Street 95 site ($768 psf ppr) in October 2024.
Who is the Developer of Aurelle of Tampines EC?
Sim Lian Group, a respected name in Singapore’s property sector, is the developer for Aurelle of Tampines EC. It has a strong track record of delivering projects that balance affordability with practical design and functional layouts.
The company’s emphasis on customer-centric pricing and efficient layouts ensures that Aurelle of Tampines EC will align with the expectations of modern urban families seeking value without compromising on quality.
This can be seen from their success in residential developments such as Emerald of Katong, The Botany at Dairy Farm, and Treasure at Tampines.
Where is Aurelle of Tampines EC Located?
The Aurelle of Tampines executive condo is be situated along Tampines Street 62 next to Tenet EC and the Tampines Expressway (TPE). It is also near the upcoming Tampines North Integrated Transport Hub (ITH) just a 4-minute walk away.
Surrounding the development are several newly launched HDB Build-To-Order (BTO) projects, including Tampines GreenDew, GreenFoliage, GreenVines, and GreenCourt.
Residents will benefit from easy access to the Tampines Retail Park just a 5-minute drive from the executive condo. The Tampines Retail park is a popular shopping destination that houses three prominent megastores - IKEA, Giant Hypermarket, and Courts Megastore.
Additionally, Tampines Central, a vibrant hub featuring malls like Tampines Mall, Tampines One, Century Square, and the multifunctional Our Tampines Hub, is only about 4 minutes by car. But, when Phase 1 of the Cross Island MRT Line (CRL) is completed in 2029, it will be just two MRT stops from the Aurelle of Tampines EC.
Transport Connectivity
Transport Connectivity
Aurelle’s future residents will enjoy enhanced connectivity due to its proximity to the upcoming Tampines North integrated transport hub just a 4-minute walk away.
With convenient access to an MRT station on the Cross Island Line and bus interchange, they will have various transport options for travelling around the surrounding housing estates and other parts of Singapore.
When Phase 1 of the Cross Island Line is completed in 2029, Pasir Ris, Tampines Central, and Changi Airport will be just one, two, and six MRT stations away.
Furthermore, Aurelle of Tampines EC is next to the Tampines Expressway (TPE), which connects to the Pan Island (PIE) and Kallang-Paya Lebar (KPE) Expressways conveniently. This will facilitate smoother and faster commutes to various parts of the island.
Amenities and Shopping Near Aurelle of Tampines EC
The Aurelle of Tampines EC is within a 4-minute walking distance of the upcoming Tampines North integrated transport hub (ITH). Hence, residents can enjoy easy access to many amenities such as retail shops, grocery shopping, banking services, dining options, and more.
ITHs are fully air-conditioned bus interchanges linked to MRT stations and adjoining commercial developments such as shopping malls.
In addition, residents will also have easy access to several shopping malls in the nearby housing estates, which include:
- Tampines Retail Park: Home to three megastores, namely Giant Hypermarket, IKEA Tampines, and Courts Megastore, they offer a plethora of everyday essentials from groceries and snacks to furniture and household appliances. It is just a 5-minute drive away from Aurelle of Tampines EC.
- Tampines Central: A bustling area with several popular shopping malls such as Tampines Mall, Tampines One, Century Square, and Our Tampines Hub. It is only a 4-minute drive or 2 MRT stations away once the Cross Island Line (CRL) is completed.
- Pasir Ris: It is home to the White Sands and the newly opened Pasir Mall, which are located next to the Pasir Ris MRT station. The latter will also house a polyclinic.
- Simei: Just three stops from the Tampines North integrated transport hub, residents can easily access the Eastpoint Mall next to Simei MRT Station.
As can be seen, Aurelle of Tampines EC promises a lifestyle of convenience and accessibility, perfect for those looking to enjoy modern urban living.
Tampines Retail Park
Tampines Mall
Boulevard Park
Sun Plaza Park
Tampines Eco Green
Tampines Quarry Park
Educational Institutions Near Aurelle at Tampines EC
Proximity to reputable schools has long been a major consideration for home buyers. Hence, it is no surprise that residential developments near sought-after educational institutions often attract a premium.
According to a study by the NUS Institute of Real Estate Studies, proximity to popular schools impacts property values positively and significantly. In addition, the relocation of schools away from properties also has a substantial negative impact.
In this context, Aurelle of Tampines is favourably located within a 2km radius of several highly regarded primary schools, such as:
- Poi Ching School
- St. Hilda’s Primary School
- Gongshang Primary School
This proximity provides a significant advantage for families, as children registering for Primary 1 admission will receive priority placement.
Additionally, Aurelle of Tampines EC is close to several reputable secondary schools, and they include:
- Anglican High School
- Hai Sing Catholic School
- Holy Innocents’ High School
For post-secondary and tertiary education, Aurelle of Tampines EC residents will benefit from easy access to Tampines Meridian Junior College, Temasek Polytechnic, the Singapore University of Technology and Design (SUTD), and the Singapore Institute of Technology (SIT). These campuses are conveniently located just a 6- to 13-minute drive from the development.
The access to quality schools across all educational levels makes Aurelle of Tampines EC an attractive choice for families seeking both convenience and good investment prospects.
International School
The United World College of South-East Asia (East Campus), located just a 4-minute drive from Aurelle of Tampines EC, offers a compelling investment opportunity for property investors.
The proximity to such a renowned institution will attract expatriate families seeking top-tier education for their children, making it an attractive option for potential tenants.
This means a high demand for rental properties, ensuring steady returns. However, remember that executive condos come with a 5-year Minimum Occupancy Period before they can rent out the whole unit or sell it. For more information, please refer to our EC FAQs and EC eligibility.
Investment Potential of Aurelle of Tampines EC
Aurelle of Tampines EC presents an appealing investment opportunity due to its favourable location within the thriving Tampines Regional Centre.
It will also benefit from several major infrastructure projects nearby, which include the development of the mega Changi Airport Terminal 5 and surrounding aviation-related industries,
These developments can be expected to underpin property values in the longer term due to rising housing demand.
Although executive condo prices have risen, the strong demand for Parc Central Residences and Tenet ECs in Tampines attests to the area's allure and investment potential. These two developments, launched in January 2021 and December 2022 respectively, are fully sold.
Moreover, with EC land prices hitting record highs, Aurelle of Tampines EC will offer an enticing investment opportunity as future EC launches will cost more.
To recap, Aurelle of Tampines’ then record land rate of $721 psf ppr was surpassed by the Jalan Loyang Besar site ($729 psf ppr) and subsequently by the Tampines Street 95 site ($768 per psf ppr).
Comparative Market Analysis
The following comparative market analysis will offer an overview of the executive condominium (EC) market in Tampines and its investment potential to help you make an informed decision.
This analysis will examine the average per square foot (psf) price performance of three Tampines ECs that have Top-ped. They are:
- CityLife @ Tampines (launched in February 2013)
- The Tampines Trilliant (launched in January 2012)
- Arc At Tampines (launched in October 2011)
By tracking their price growth from launch, they can infer some valuable insights into the investment potential of Aurelle of Tampines EC. (refer to Chart 1 below).
Chart 1: Average Price Trends Analysis - CityLife @ Tampines vs The Tampines Trilliant vs Arc @ Tampines
From the chart, the following have been observed:
- CityLife @ Tampines: +84.92% (launched in February 2013)
- The Tampines Trilliant: +104.27% (launched in January 2012)
- Arc At Tampines: +87.23% (launched in October 2011)
The above results show that the three executive condos in Tampines have appreciated significantly since they were launched, indicating that ECs can be an attractive investment option.
To further evaluate the viability of ECs as an investment option, we will compare their performance with mass-market private condominiums in Tampines over the past 10 years (refer to Chart 2 below).
Chart 2: 10-Year Average Price Trends Analysis - Executive Condos versus Private Condos
The analysis, based on average per square foot (psf) price, is as follows:
- Executive condos: +56.04%
- Private condos: +50.53%
The above price performances underscore the appeal of ECs as an attractive investment option. Besides offering a more affordable alternative to private condos, they have also delivered strong capital appreciation. This will be especially attractive to HDB upgraders seeking a quality and yet, financially viable housing solution.
Although EC prices have risen, they are still approximately 20% to 25% lower than mass-market private condos. This price differential and strong developer interest in EC land parcels reflect the continued confidence in this housing segment.
Moreover, ECs have less stringent ownership criteria than BTO flats which have come under the new Standard, Plus, and Prime classifications.
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Other Property Reviews
Besides Aurelle of Tampines EC, here are other property reviews that you may be interested:
- Union Square Residence, a mixed-development near Clarke Quay and Chinatown.
- One Sophia, a mixed-development along Selegie Road in District 9.
- W Residences - Marina View, a mixed-development at Marina Bay
- Newport Residences, a mixed-development next to the Greater Southern Waterfront
- Nava Grove, a condo development at the serene Ulu Pandan.
- Aurea Condo, a mixed-use redevelopment at Beach Road.
- Arina East Residences, an exclusive freehold condo at Tanjong Rhu.
- Parktown Residence, a mixed-development linked to Tampines North MRT.
- Bagnall Haus, a freehold condo at Upper East Coast Road.
- Novo Place, an executive condo near Tengah Park MRT.
