Tampines St 95 |

Tampines St 95

Awarded Tender

The EC site at Tampines Street 95 was awarded to Sim Lian Land Pte Ltd and Sim Lian Development Pte Ltd on November 8, 2024, at a tender price of $465 million. Launched on August 22 under the Confirmed List of the 2H2024 Government Land Sales (GLS) programme, the site has a gross plot ratio of 2.5 and is expected to yield approximately 560 EC units. A total of six bidders participated in the tender.

About the Developer

Sim Lian Group, a renowned property developer with over four decades of experience in Singapore, is well-acquainted with the Tampines area. Their notable projects include the 2,203-unit private condominium Treasure at Tampines and the 670-unit Tampines Trilliant EC. Additionally, Sim Lian is set to launch the 760-unit Aurelle of Tampines at Tampines Street 62 next year.

Sim Lian Group has a stellar reputation for delivering high-quality residential, commercial, and mixed-use developments. Their portfolio includes acclaimed projects such as The Botany at Dairy Farm, Hillion Residences, Treasure Crest, and Wandervale.

Features of the Project
The new EC at Tampines Street 95 offers unparalleled convenience, located near the Tampines West MRT station on the Downtown Line and a planned mixed-use development at Tampines Street 94. This nearby site was awarded to a Hoi Hup-Sunway JV on October 11, 2024.

The area has witnessed a surge in BTO launches in recent years, creating a strong pool of potential upgraders looking to move into an EC. The project is within 1km of Red Swastika School and St. Hilda’s Primary School, making it highly attractive for families with school-going children.

Amenities

Residents will benefit from proximity to key amenities such as the SAFRA Clubhouse (Tampines) and the Tampines Round Market and Food Centre. Shopping options include Tampines Mall, Tampines One, and Century Square, located just one MRT stop away in Tampines Central. Nearby is Our Tampines Hub, an integrated community and lifestyle center offering facilities like the Tampines Regional Library and a hawker center.

The project is also close to major retail outlets in Tampines North, such as IKEA, Courts Megastore, and Giant hypermart. It’s ideally situated for those working in the East, including Tampines Regional Centre, Changi Business Park, Paya Lebar Central, and Changi Airport. The ongoing Changi East transformation is expected to create jobs and increase demand for housing in the area.

Connectivity
The Tampines Street 95 EC is within walking distance of Tampines West MRT station, providing direct access to the city via the Downtown Line. The line connects key areas such as Bencoolen, Fort Canning, Chinatown, Telok Ayer, Marina Bay, Suntec City, and Bugis.

Tampines MRT interchange, just one stop away, links to the East-West Line (EWL), enabling access to the Central Business District in approximately 30 minutes. The upcoming Thomson-East Coast Line (TEL), set to be fully operational in 2026, will further enhance connectivity, with Bedok South and Sungei Bedok stations offering transfers to East Coast Park, Gardens by the Bay, Orchard Road, and beyond.

More Housing in Tampines North and South
The Tampines planning area continues to grow with significant new housing developments in Tampines North and Tampines South. Tampines North, spanning 240 hectares, aims to deliver approximately 21,000 homes, including 4,000 private residential units. The first HDB flats in the area, located between Tampines Avenues 9, 10, and 12, were completed in 2019, with several Build-To-Order (BTO) projects following suit.

The first GLS site in Tampines North, an EC plot at Tampines Street 62, was awarded to Qingjian Realty and Santarli Construction in 2021 for $422 million ($659 psf ppr). The resulting development, the 618-unit Tenet EC, launched in December 2022, achieved a strong response, with 72% of units sold during its launch weekend. As of July 30, 610 units (98.7%) had been sold at an average price of $1,383 psf.

In July 2023, a mixed-use mega-site at Tampines Avenue 11 was awarded to a consortium comprising UOL Group, Singapore Land, and CapitaLand Development. Their top bid of $1.206 billion ($885 psf ppr) secured the 545,516 sq ft site, which will house approximately 1,190 residential units alongside retail and community amenities. The development will connect directly to the future Tampines North MRT Station on the Cross Island Line (CRL).

Adjacent to Tenet, another EC site at Tampines Street 62 Parcel B is set to deliver around 700 units. This site was awarded to Sim Lian Land and Sim Lian Development in October 2023 for $543.28 million ($721 psf ppr).

In Tampines South, designated for around 8,000 homes under the URA Master Plan 2019, six BTO projects are under construction near Tampines Avenue 1 and Bedok Reservoir Road. These developments will provide over 5,000 flats, expected to be completed within the next three years.

A GLS tender for a mixed-use site at Tampines Street 94 was launched on June 27, 2024. This 252,952 sq ft site, near Tampines West MRT Station, is projected to yield 585 residential units and a commercial gross floor area (GFA) of about 113,021 sq ft. The tender closes on September 19.

Additionally, an EC site along Tampines Street 95, covering 242,188 sq ft, is set to launch for tender. This site is expected to accommodate around 560 units.

Future Growth Drivers in the East
The Eastern region of Singapore is set to benefit from several transformative projects that will drive growth in the coming decades.

1. Changi Development
Construction of Changi Airport Terminal 5 (T5) resumed in 2022 after a two-year pause. Work will begin next year, with operations slated to start in the mid-2030s. T5 is expected to handle around 50 million passengers annually.

The development of T5 will coincide with transport enhancements, including extending the Thomson-East Coast Line (TEL) to Changi Airport. The existing East-West Line (EWL) branch from Tanah Merah to Changi Airport will be converted to the TEL.

T5 will anchor the Changi East area, a 1,080-hectare greenfield site that will feature an aviation-related industrial zone, office spaces, hotels, and public spaces.

2. Paya Lebar Air Base Redevelopment
The relocation of Paya Lebar Air Base, set to begin in the 2030s, will free up over 800 hectares of land for redevelopment. This area, about five times the size of Toa Payoh, will accommodate an estimated 150,000 new homes alongside commercial and recreational spaces.

The relocation may also relax current building height restrictions, potentially spurring redevelopment in areas like Hougang, Marine Parade, and Punggol.

3. Long Island
The “Long Island” land reclamation project off East Coast Park has resurfaced as a potential solution to address rising sea levels due to climate change. First conceptualized over 30 years ago, technical studies began in 2024, along with public consultations.

If developed, Long Island could reclaim 800 hectares of land—double the size of Marina Bay. It may include a freshwater reservoir, 20km of waterfront parks, and spaces for new homes and amenities. This long-term project is expected to span several decades.