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 expected to stay. Hence, it is unsurprising that the Parc Central Residences EC in Tampines Avenue 10 has been sold out.
Hence, is was unsurprising that Tenet executive condo, which is just 4 minutes' walk from the future Tampines integrated transport hub, saw 72% of their units snapped up during its launch on 3 December 2022.
Besides its convenient location, property buyers were also excited by the the huge transformation taking place in East Region.
Tampines is situated in the East and it is Singapore's oldest regional centre. Tampines derived its name from the tempinis or ironwood trees that were found in abundance during its rural past. It was formerly home to several farms, villages, plantations and sand quarries before the development of Tampines town in the late 1970s. This resulted in more than 3,000 villagers being resettled in new HDB flats while some of the sand quarries have been 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.
Fast forward to the beginning of 1990, 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 brought three MRT stations to 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 helped to shorten travelling times for residents in Tampines.
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 also 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 Chanqi 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 Chanqi Aviation Park. The Chanqi Aviation Park is an air cargo cluster that will be expanded with the development of 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 in Tampines. This will only benefit the upcoming development like Tenet executive condo, offering it convenient access to a plethora of amenities and connections to major economic hubs.
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 and the Parc Central Residences executive condo. First announced by the government in 2013, the airbase will be relocated from 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 also 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 standard.
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 will be essential amenities such as a community club, polyclinic and schools.
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. As for Quarry Park, it 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.
In addition, commercial nodes, industrial estates and business parks will be developed to provide nearby job opportunities for residents. These will include semi-conductor, aviation-related and high-tech R&D industries, expanding from existing clusters in Loyang industrial estate, Changi Business Park and Changi Airport to create a mega economic hub. With these developments, it will be a self-sufficient township that will provide a holistic environment for residents to live, work, learn, and play.
Tampines Retail Park
The Tampines Retail Park is situated at Tampines North, which 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. Other than Tampines, they also offer residents from other nearby estates an alternative venue to stock up on everyday necessities such as groceries, snacks, food, furniture and household appliances.
Just a 6-minute drive from Tampines Central where three major shopping malls (Tampines Mall, Tampines 1 and Century Square) and Our Tampines Hub (OTB) are located, they have contributed to the vibrancy and popularity of the estate.
An Integrated Transport Hub In Tampines North?
The development of Tampines North is likely to include an Integrated Transport Hubs (ITH). ITHs are fully air-conditioned bus interchanges that will seamlessly link to MRT stations and adjoining commercial developments such as shopping malls. Although the Tampines North ITH is currently under planning, there is a high possibility of it happening as there is a firm plan for a bus interchange. When the new township is more developed, an ITH will greatly improve connectivity between Tampines and other major housing estates nearby such as Pasir Ris, Bedok, Punggol, Woodlands and the future township at Paya Lebar Airbase.
Given that major commercial hubs are usually developed around ITHs, they will spur rapid developments in the surrounding areas. In turn, they will lead to higher property values.
Hence, the development of Tampines North has helped to boost the sale of new property launches such as Tenet executive condo and Pasir Ris 8. As many of the developments have yet to be fully realised, they offer astute property investors the first-mover advantage.
For those still looking for a new property in the East, there will be two new launches coming up - Sky Eden at Bedok and Sceneca Residence at Tanah Merah. To receive updates on these two new projects, please WhatsApp or Email us.
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