TENET EC is an executive condominium in District 18, Singapore. Located on Tampines Street 62, it’s near the upcoming Tampines North MRT station on the Cross Island Line. This project is brought to you by Qingjian Realty and Santarli Construction.
Tampines EC
If you’re thinking about buying an executive condo in Tampines, District 18, look no further. TENET is an executive condominium located at Tampines Street 62. This project is just a short distance from the upcoming Tampines North MRT station on the Cross Island Line. Built by Santarli Construction and Qingjian Realty, this project offers high-quality living at a great price.
Tampines EC is a new launch 99-year leasehold condominium located near the Central Business District and Downtown. It is scheduled to be launched in Q3 2020. It is near various shopping malls and good schools. The development will also have a 7.5-hectare linear park. Because of its prime location, Tampines EC is expected to be a good investment in the next few years.
Tampines Eco Green Park
Located at Tampines Street 62, Tenet EC is a new executive condominium development with alternating terraces of greenery and water cascades. The development is close to major shopping malls, the Tampines MRT station and Tampines Road. Residents can enjoy the convenience of the nearby Tampines Eco Green Park and Tampines North. This project is expected to be completed by 2022.
This project will be an important step in creating a more sustainable Tampines Town. The development will include a cycle path, solar panels and wider footpaths, adding to the town’s green space and making it easier for residents to get around. The multi-purpose hall will provide a convenient place for residents to hold community functions.
Easy access to Pasir Ris MRT station
Tenet EC is conveniently located just one kilometer away from Pasir Ris MRT station. The new Cross Island Line is expected to arrive in 2030, allowing residents of the EC to enjoy seamless access to the city centre and the western parts of Singapore. Whether you’re heading to work or school, Tenet EC is within walking distance of numerous schools and other amenities.
Nearby schools include Tampines North Primary, Elias Park Primary, Poi Ching Primary, Gongshang Primary, and Whitesands Primary. For higher education, there’s a nearby Temasek Polytechnic.
Three megastores within Parc Central Residences
The Parc Central Residences is the future sanctuary of the East, combining high-quality living spaces with communal parks. The concept is a play on New York’s Central Park, which attracts 35 million visitors annually. It features high-end amenities and finishes from renowned companies like Bosch, Hansgrohe, Yale and others.
This executive condominium is well-connected to public transportation. The Tampines MRT station and Tampines Bus Interchange are both less than a kilometre away. From here, residents can walk to nearby shopping malls and regional institutions. Alternatively, residents can choose to take the MRT train to Tampines West or Tampines East stations, which are slightly further out of the town centre.
Resale levy on Tenet EC
A Resale Levy is the amount that must be paid on an HDB flat in Singapore after you’ve resold it to someone else. This levy is calculated by dividing the selling price by the number of rooms in the flat. The first resale levy is charged for the first subsidised flat, while the second resale levy is applied to subsequent subsidised flats.
ECs are different from dbss. A Resale Levy on Tenet EC is not applicable if you’re a first-time buyer. The EC is designed for a maximum of 590 dwelling units and has a GFA of 59,498 square metres. This EC project should be well received by residents and real estate investors. The developer, Qingjian, has a proven brand and experience with its unit owners.
