Are you thinking of investing in Tampines EC? If so, the launch of Tenet was an unprecedented success! 72% of the units were sold within a record period of time.
Tenet in Tampines Street 62 had a successful sales day on Saturday, selling 447 out of its 618 units available. The average price per square foot was $1,360, which was well received by buyers. This development is expected to do well in the future, given its location and amenities.
THIE STRAITS TIMES
We’ll take a closer look at why this development was so popular and what made it such a huge success.
Overview of Tenet in Tampines
Tenet in Tampines was built with modern living for young families in mind. It is a good-sized new launch Executive Condominium located in a mature estate.
On December 3rd, 2022, the last major launch of the year began with eligible buyers snapping up 447 units at Tenet EC, with an average launch price of about S$1,360 per sq ft.
High Demand for Tenet in Tampines
The demand for Tenet in Tampines was clear from the start, with first-time buyers queuing up to register on December 3rd 2022. On the day of launch, 447 units were sold, or 72% of its total units, at an average price of $1,360 per square foot.
This tremendous demand for Tenet in Tampines speaks to the rising popularity of executive condominiums in Singapore and the desirability of this particular development.
![Tenet Ec Ura Land Space](https://citynewsr.com/wp-content/uploads/2023/01/Tenet-EC-URA-Land-Space-1024x567.png)
Launch Day at Tenet in Tampines
Launch day at Tenet in Tampines was an exciting event for first-time buyers and investors alike. On December 3rd, 2022, eligible buyers lined up at the showflat, eager to get their hands on the newly-launched executive condominium.
By the end of the day, an incredible 447 units had been sold – a whopping 72% of the total number of units available. This massive success shows that the demand for modern living spaces in Tampines is alive and well!
Balloting Begins at Tenet in Tampines
On December 3, eligible buyers gathered at Tenet in Tampines for the sales launch. Balloting began at 8.30am and by 1pm, an impressive 74.2% of the units had been sold. This is a testament to the high demand for these executive condominiums.
Tenet in Tampines EC Showflat
Tenet in Tampines EC showflat was open to the public for the first time on Saturday (Dec 3). The showflat was bustling with activity, with prospective buyers eager to get their hands on one of the 447 units which had an average launch price of about S$1,360 per square foot.
The huge demand for units meant that 72% were sold on the spot, making it one of the most successful launches of the year.
Average Price of Units at Tenet in Tampines
On launch day, units at Tenet in Tampines sold at an average price of about S$1,360 per square foot. This is testament to the high demand for quality executive condominiums in the area, as buyers are willing to pay the premium for these units.
With the added convenience of being located near Tampines North hub and MRT, it is no wonder that Tenet in Tampines is so popular.
Tenet in Tampines: A Great Investment Opportunity
If you are looking for a great investment opportunity, Tenet in Tampines is the perfect choice. With 447 units sold on the launch day, it is evident that there is a huge demand for the project. The average price of the units, which were at $1,360 per square foot, shows that the investment potential of Tenet in Tampines is very promising.
Furthermore, with the last EC launch in Tampines – Parc Central Residences – fully sold, Tenet in Tampines is also a great way to capitalise on the growing demand for modern living for young families.
Tenet in Tampines: What to Expect Moving Forward
Tenet in Tampines EC has been met with overwhelming demand, with 72% of the 618 units sold on launch day. The launch price of Tenet in Tampines has proven to be a great investment opportunity for young families and first-time buyers. Now that the balloting is over and the units have been sold, what can you expect from Tenet in Tampines moving forward?
Tenet in Tampines offers modern living for young families, with an average price of $1,360 per sq ft. The development features a range of apartment sizes and designs, from 1 bedroom to 3 bedroom premium study units to suit your needs.
With the repairs to the mould-stained housing blocks at Anchorvale Parkview underway, Tenet in Tampines is expected to become a popular destination for young families looking for a place to call home.
As of now, 93% of the units have been spoken for, and with the completion of the repairs, this number is only expected to rise.
Tenet in Tampines is an excellent opportunity for those looking to invest in their future. With its advantageous location and modern living amenities, it’s no wonder why Tenet in Tampines has seen such high demand.
If you’re looking for a safe and secure place to call home, Tenet in Tampines is definitely worth considering.
Tenet in Tampines Nearby Amenities
Tenet at Tampines EC is a great place to call home. You will enjoy the convenience of being close to various transportation, business, and retail amenities around the locality.
For recreational activities, you are close to the Tampines Eco Green Park and other facilities such as gyms and a big kids lawn. Shopping and dining options are plentiful with Tampines Hub, Tampines Mall, Century Square and Tampines One nearby.
Groceries can be easily purchased from Giant Hypermarket, IKEA, Courts Megastore and White Sands in Pasir Ris and Tampines Mall. Additionally, Tenet is located along the condo belt, starting from two existing condominiums in the area making it a great choice for homebuyers.
![Tenet Ec Amenities Map](https://citynewsr.com/wp-content/uploads/2023/01/Tenet-EC-Amenities-Map-1024x527.png)