Overview Score
our consideration
Our Verdict
Aurelle Executive Condominium (EC) is an upcoming project located along Tampines Street 62, in the northern segment of Tampines estate. Developed by Sim Lian Land Pte Ltd and Sim Lian Development Pte Ltd, the project is anticipated to draw significant interest due to the lack of new EC launches in the area since Parc Central and Tenet sold out in 2022 and 2023 respectively.
Aurelle Executive Condominium offers a promising opportunity for buyers looking for value-for-money homes in a well-established estate. Its proximity to future transportation links and major developments like Parktown enhances its appeal. However, the current lack of an operating MRT station and potential traffic noise from the TPE are notable considerations.
Aurelle of Tampines EC is a distinguished executive condominium nestled in the vibrant locale of Tampines, Singapore. Brought to life by the esteemed developers Sim Lian Land Pte Ltd and Sim Lian Development Pte Ltd, this project epitomizes luxury and convenience, promising an unparalleled lifestyle for its residents.
Project Highlights & Features
Prime Location
Strategically positioned along Tampines Street 62 in District 18, Aurelle EC offers residents exceptional connectivity. Proximity to the upcoming Tampines North MRT station on the Cross Island Line (CRL) ensures seamless travel across Singapore, making daily commutes effortless.
Comprehensive Amenities
Aurelle EC caters to diverse lifestyle needs with an array of facilities:
- 50-Meter Lap Pool
- Children’s Pool
- Playground
- Gymnasium
- Clubhouse
- Function Room
These amenities foster a balance between relaxation, fitness, and social interactions, ensuring a well-rounded living experience.
Modern Living Spaces
The condominium features a variety of unit types, from 2 to 5-bedroom layouts, each meticulously designed to maximize space and natural light. High-quality finishes and fittings in the interiors underscore the luxurious living environment that Aurelle EC promises.
Sustainability Features
Reflecting a strong commitment to environmental stewardship, Aurelle EC incorporates several eco-friendly elements:
- Solar Panels for powering common areas
- Electric Vehicle (EV) Chargers
- E-Waste Disposal Facilities
These features not only promote sustainability but also ensure that residents can enjoy a modern, eco-conscious lifestyle.
Educational Opportunities
Families with children will find Aurelle EC particularly appealing due to its proximity to reputable educational institutions such as:
- Tampines Primary School
- Tampines Secondary School
- Temasek Polytechnic
This makes it an ideal choice for those prioritizing education and convenience.
Project FactSheet
Project Details | Aurelle of Tampines EC |
---|---|
Location | Tampines Street 62 |
District | 18 |
Developer | Sim Lian Land Pte Ltd and Sim Lian Development Pte Ltd |
Tenure | 99 Years Leasehold |
Site Area | Approximately 28,000 sqm / 301,392 sqft |
Plot Ratio | 2.5 |
Total No. of Units | 760 |
No. of Storeys | Estimated 15 storeys |
Expected TOP | 2028 |
Architect | ADDP Architects LLP |
Landscape Consultant | Ecoplan Asia Pte Ltd |
Payment Scheme | Normal Progressive Payment (NPS) & Deferred Payment Scheme (DPS) |
No. of Carpark Lots | To Be Advised |
Security | 24 Hours Security Guard |
Aurelle EC Prices
Aurelle Executive Condominium (EC) sets a competitive pricing benchmark, starting at roughly $1,600 per square foot (psf). Given the prime location and the extensive amenities provided, this pricing is designed to offer exceptional value for potential homeowners.
Aurelle EC Site Plan
Aurelle EC spans an irregular-shaped plot between Tampines Street 62 and the Tampines Expressway (TPE), encompassing over 301,000 square feet. Strategically located near the upcoming Tampines North MRT station, the development promises enhanced connectivity and accessibility.
Key Amenities:
- Swimming Pool: A well-designed pool area for relaxation and leisure.
- Fitness Center: Equipped with modern facilities to cater to various fitness routines.
- Landscaped Gardens: Beautifully designed gardens provide a serene environment for residents.
This thoughtful site plan ensures that residents enjoy a comfortable and enjoyable living environment, making Aurelle EC an attractive choice for potential homeowners in Singapore.
Aurelle EC Location Map
Neighbourhood
Aurelle EC is located in the mature estate of Tampines, Singapore, along Tampines Street 62. This area is known for its vibrant community and comprehensive amenities, making it an ideal place for families and individuals seeking convenience and modernity. The development is close to various shopping malls, such as Tampines Mall, White Sands, and IKEA Tampines, providing residents with ample retail and dining options. Additionally, the Tampines Regional Centre, featuring three major shopping malls, offers a plethora of amenities including supermarkets, restaurants, and a cinema.
Transportation
Aurelle EC boasts excellent connectivity with its proximity to several MRT stations and major expressways:
- MRT Stations: The development is within walking distance of the upcoming Tampines North MRT station on the Cross Island Line (CRL), providing residents with seamless access to various parts of Singapore. Other nearby MRT stations include Tampines MRT (East-West Line and Downtown Line) and Pasir Ris MRT.
- Bus Services: The Tampines North Bus Interchange is situated close to Aurelle EC, offering a wide range of bus services that connect residents to different parts of Singapore.
- Expressways: For those who prefer to drive, the development offers swift access to major expressways such as the Tampines Expressway (TPE), Kallang-Paya Lebar Expressway (KPE), and the Pan Island Expressway (PIE), making commuting convenient and efficient.
Overall, Aurelle EC’s strategic location in Tampines provides residents with a well-connected and convenient living environment, making it a desirable choice for both homeowners and investors.
Aurelle EC Nearby Amenities
Aurelle EC offers a prime location that enhances the quality of life for its residents through a range of nearby amenities geared towards education, shopping, and recreation.
Nearby Education
Aurelle EC is strategically located near several reputable educational institutions, making it an ideal choice for families with school-going children. Some of the notable schools in the vicinity include:
- Poi Ching School
- St. Hilda’s Primary and Secondary Schools
- Tampines Primary School
- Tampines North Primary School
- Temasek Polytechnic
- Singapore University of Technology and Design
These schools provide a range of educational options from primary to tertiary levels, ensuring that children receive a quality education close to home.
Nearby Shopping Malls
Residents of Aurelle EC have access to a variety of shopping centers that cater to all their retail and dining needs:
- Tampines Mall: Offers a wide array of retail, dining, and entertainment options.
- Century Square: Recently renovated, featuring lifestyle stores, dining options, and a cinema.
- Tampines 1: Known for its diverse shopping and dining experiences.
- Jewel at Changi Airport: A short drive away, offering unique shopping and entertainment experiences.
These malls provide residents with convenient access to daily necessities and leisure activities, enhancing the overall living experience.
Nearby Parks and Recreation
Aurelle EC is surrounded by several parks and recreational spaces, offering residents ample opportunities for outdoor activities and relaxation:
- Tampines Eco Green: A tranquil park with walking trails and diverse flora and fauna.
- Tampines Central Park: Ideal for leisurely strolls and family picnics.
- Sun Plaza Park: Offers various recreational facilities for families.
These green spaces provide a peaceful escape from the urban environment, allowing residents to enjoy nature and engage in outdoor activities.
Aurelle EC the Developer
Track Record
Sim Lian Group, the developer behind Aurelle EC, is a distinguished real estate company in Singapore, boasting a robust track record of delivering high-quality developments. Established in 1976, the group has successfully built a diverse portfolio encompassing residential, commercial, industrial, and retail properties. Renowned for their unwavering commitment to quality, innovation, and customer satisfaction, Sim Lian Group consistently meets and exceeds industry standards.
Notable Projects
Sim Lian Group has cemented its reputation with several landmark projects across Singapore. Their expertise and reliability in the real estate market are evident in these notable residential developments:
- Treasure at Tampines: This expansive residential project is celebrated for its wide array of facilities and prime location, offering residents convenience and luxury.
- Hillion Residences: A mixed-use development that seamlessly integrates residential units with retail and transportation amenities, epitomizing modern urban living.
- Wandervale: An executive condominium that strikes the perfect balance between affordability and quality, designed to meet the needs of families seeking a comfortable and practical living environment.
Industry Recognition
Sim Lian Group’s contributions to the real estate sector have not gone unnoticed. The company has consistently been listed among the Top 100 Brands in Singapore and earned a spot as a top ten developer by BCI Asia in 2015 and 2016. Their projects are distinguished by efficient space planning, superior workmanship, and strategic locations, making them a preferred choice for both homebuyers and investors.
By entrusting Aurelle EC to Sim Lian Group, potential homeowners can rest assured that the project will uphold the highest standards of quality and design.
Who Should Consider Investing in Aurelle EC?
Key Highlights:
- Location: Tampines, known for amenities, connectivity, and schools.
- Pricing: Estimated at $1,500 to $1,600 psf.
- Price Appreciation: Significant potential due to regional trends.
- Rental Yield: Robust market with yields between 4.2% to 4.78%.
Investing in Aurelle EC offers a balanced mix of affordability, growth potential, and rental income prospects.
Comparative Market Analysis
Aurelle EC is nestled in Tampines, a mature and bustling neighborhood in Singapore. Renowned for its top-notch amenities, excellent connectivity, and reputable educational institutions, the area is highly sought after by both homeowners and investors. Executive Condominiums (ECs) in Singapore are particularly appealing due to their affordability when compared to private condominiums, along with the potential for capital appreciation post the five-year Minimum Occupation Period (MOP). With its strategic location and comprehensive amenities, Aurelle EC is poised to attract a diverse range of buyers, from families and young professionals to investors looking for long-term gains.
Price Appreciation
The pricing for Aurelle EC is estimated to start from around $1,500 to $1,600 per square foot (psf), which is competitive when compared to similar developments in the vicinity. Tampines has experienced significant price appreciation in recent years, evidenced by record-high resale prices for executive flats. This upward trend indicates a strong potential for capital gains for Aurelle EC, especially considering its proximity to upcoming developments and infrastructure enhancements in Tampines North.
Rental Yield
The rental market for executive condominiums in Singapore remains robust. Rental yields for similar properties in Tampines range from 4.2% to 4.78%. Aurelle EC’s prime location near major transport hubs, shopping centers, and educational institutions boosts its rental appeal. The development’s modern amenities and strategic location make it an attractive option for tenants, thus contributing to a healthy rental yield for investors.
Conclusion
For those seeking a property with strong prospects for capital appreciation and rental yield, Aurelle EC stands out as an optimal choice. Its strategic placement in Tampines, competitive pricing, and comprehensive amenities make it a compelling investment opportunity. Additionally, the ongoing development in Tampines North and the area’s established infrastructure further enhance the investment potential for Aurelle EC.
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