Property Investment - Development of Tampines North.

Development of Tampines North: A Green & Well-Connected Township

The exciting development of Tampines North, which is an extension of the Tampines Regional Centre, is expected to further boost its reputation as an ideal location to live, work, play and study. Due to its strategic location straddling key economic areas - Changi Region in the East, Paya Lebar Airbase in the West and Pasir Ris in the North – the strong demand for properties in Tampines is not unexpected.

Hence, it is unsurprising that the Parc Central Residences EC in Tampines Avenue 10 was sold out not long after its launch.

 

Also, Tenet executive condo, which is just a 4-minute walk from the future Tampines North integrated transport hub, saw 72% of its units snapped up during its launch on 3 December 2022. It is currently fully sold.

Besides being well-connected, property buyers are also excited by the huge transformation taking place in the East Region, which includes Tampines.

The Tampines Regional Centre is Singapore's oldest regional centre. Tampines derived its name from the tempinis or ironwood trees found in abundance during its rural past. It was formerly home to several farms, villages, plantations and sand quarries before its development started in the late 1970s. This resulted in the resettlement of more than 3,000 villagers to new HDB flats while the sand quarries were converted into nature parks, namely Tampines Quarry Park and Bedok Reservoir Park.

 

By the 1980s, Tampines Town Centre and some of its surrounding areas such as Tampines North, Tampines East, Tampines West and Tampines Changkat gradually took shape.

Going back to the beginning of the 1990s, the Singapore government mooted the idea of decentralising economic activity from the Central Business District (CBD) to other parts of the island. This gave birth to regional centres and Tampines was the first to be built in 1992. Almost 30 years later, Tampines is now the most established of all the regional centres in Singapore.

 

Expansion of Tampines Regional Centre

Tampines has developed into a vibrant mega estate with many exciting new developments such as Our Tampines Hub (OTH) and the opening of new MRT stations on the Downtown Line (DTL) in 2017.

The opening of the Downtown Line resulted in three MRT stations being built in the area – Tampines West and Tampines East, in addition to the existing Tampines station, which is an interchange between the East-West and Downtown Lines. This has provided much-improved accessibility and helps to shorten travelling times for residents in Tampines to many parts of Singapore.

Meanwhile, under the URA Master Plan for the East, Tampines North will be developed to provide 21,000 new homes together with a comprehensive range of facilities and commercial developments. A new MRT station, Tampines North, will be built along the new Cross Island Line (CRL) where its Phase 1 is scheduled to be completed by 2029.

When the Cross Island Line is fully completed, it will serve existing and future developments in the eastern, western, and north-eastern corridors. These include major hubs such as Changi Region, Punggol Digital District, and Jurong Lake District.

The Tampines North station is just one stop from the Pasir Ris Interchange and four stops from the Changi Aviation Park. The Changi Aviation Park is an air cargo cluster that will be expanded with the development of the Changi East Industrial Zone. This is to cater to new aviation-related sectors and businesses that rely on air connectivity to the world.

With the Cross Island Line forming a comprehensive MRT network with the Downtown and East-West Lines, the improved connectivity will further boost the desirability of housing developments in Tampines. This is evidenced by the strong demand for Parc Central Residences EC and Tenet EC when they were launched.

 

Redevelopment of Paya Lebar Airbase to Enhance Living Standards

The Paya Lebar Airbase is just a 10-minute drive or 20-minute bus ride from Tampines Central.

First announced by the government in 2013, the airbase will be relocated from the 2030s onward to free up the whole area and transform it into a highly liveable and sustainable new town. Five times the size of Toa Payoh Town, the plans will include developing a commercial hub to create jobs and lifestyle amenities for future residents.

It will likely be linked to the Tampines North MRT station via the Cross Island Line (CRL). Given their close proximity, Tampines residents can look forward to more employment opportunities, lifestyle amenities and leisure facilities, enhancing their living standards.

 

Development of Tampines North Township

The new Tampines North township is an extension of the Tampines regional centre. Along with 21,000 new homes to be built, essential amenities such as a community club, a polyclinic, and schools will be developed to serve residents.

That is not all. More green spaces will be added with the construction of two major parks – Boulevard Park and Quarry Park. These will supplement the current collection of parks found around Tampines.

Boulevard Park will feature a line of seasonal flowering trees that connects residents to Sun Plaza Park while Quarry Park will showcase a quarry pond to reflect Tampines’ past as a sand quarry.

In line with the government’s effort to create a car-lite city, park connectors, and cycling paths will be built to seamlessly link various parts of the mega estate to amenities and nature parks.

 

Completion of Tampines Boulevard Park’s West Section

Tampines Boulevard Park in Tampines North

Tampines Boulevard Park

The Tampines Boulevard Park’s west section has been completed, offering residents another green space in the neighbourhood.

The park - comprising the east and west sections - was designed with feedback from Tampines residents.

The park’s east section is slated to open in December 2024 and it is separated from the west section by Tampines Avenue 12.

Spanning 4.78ha, slightly larger than 6.5 football fields, the west section features amenities such as a 60m-long cycling track for children, garden swings, a fitness area, a nature play garden, and a lawn for activities.

The nature play garden features a slide designed to resemble a dragon head and was constructed using natural materials such as Balau wood and laminated wood grain panels. It aims to encourage play and closer connections to nature.

Children can also enjoy the park’s sand play area, which includes swings and a rock wall, inspired by the former Tampines sand quarries.

 

Employment Centres Nearby

The development of Tampines North is part of the government’s larger plan for the East region, seeking to provide residents with access to jobs close to their homes.

Nearby commercial nodes, industrial estates, and business parks will be developed to offer job opportunities in semi-conductor, aviation-related, and high-tech R&D industries.

These developments will expand from existing clusters in Loyang Industrial Estate, Changi Business Park, and Changi Airport, creating a mega economic hub.

This integrated approach ensures a holistic living environment for residents to live, work, play, and study, which will ultimately boost its investment appeal.

 

Tampines Retail Park

The Tampines Retail Park situated at Tampines North is well-known for its three megastores – IKEA Tampines, Giant Hypermarket, and Courts Megastore. They form a retail ecosystem with the other major shopping malls at Tampines Central.

Together, they offer residents from the surrounding estates alternative venues to stock up on necessities such as groceries, snacks, food, furniture, and household appliances.

A 6-minute drive from Tampines Central is three major shopping malls - Tampines Mall, Tampines 1, and Century Square. Together with Our Tampines Hub (OTB), they contribute to the vibrancy and popularity of the estate.

 

An Integrated Transport Hub In Tampines North

The development of Tampines North will feature an Integrated Transport Hub (ITH). ITHs are fully air-conditioned bus interchanges that seamlessly link to MRT stations and adjoining commercial developments such as shopping malls.

The development of the Tampines North integrated transport hub will significantly enhance connectivity between Tampines and other major housing estates such as Pasir Ris, Bedok, Punggol, Woodlands, and the future township at Paya Lebar Airbase.

As major commercial centres typically develop around ITHs, this will drive rapid growth in the surrounding areas, which will help to raise property values.

Hence, the exciting development of Tampines North will continue to boost housing demand, as witnessed by the strong sales of Tenet executive condo and Pasir Ris 8. As the estate develops, it will offer astute property investors the first-mover advantage.

For those still looking for a new property in the East, the upcoming Parktown Residence and  Aurelle of Tampines EC are worth considering since they are beside the Tampines North integrated hub.

Those looking for post-launched private condos may wish to check out Sky Eden at Bedok and Sceneca Residence at Tanah Merah. For more information on the above projects, please WhatsApp or Email us.

Meanwhile, you may also be interested in the following property hotspots - Greater Southern Waterfront, Jurong Lake District and Novena.

 


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Lance Kuan is an Associate Marketing Manager at Huttons Asia Pte Ltd, one of the largest property agencies in Singapore (Registration No. R062704Z).

With almost 30 years of experience in banking, investment and market analysis, Lance Kuan now find immense pleasure helping others in property investment and asset progression.

His blog - Sg Home Investment - offers essential property reviews, research, guides, and a wide range of resources to help buyers make an informed investment decision. Please feel free to WhatsApp Lance Kuan if you have any queries about the real estate market in Singapore.