Location
Situated on Tampines St 62 in the new town of Tampines North. Just a 3-minute walk to the upcoming Tampines North MRT Station and a 5-minute walk to Parktown shopping mall, which includes a hawker centre, bus interchange, and community centre.
Convenience
Easy access to daily necessities. Parktown is brand new hub for everything that you need in daily life including hawker centre, cafe, supermarket and retails shops.
Surrounded by young BTO flats.
Total close to 20,000 units of HDB will fulfil MOP from 2025 till 2030. All these HDB upgrader could be your potential resale buyers.
Supply and Demand
In the whole Tampines North area, there zero supply of condo. Tenet EC launched in Dec 2022 was fully sold and the price jumped from $1185 psf to $1651 psf. Within short span of 3 years time, Tenet owners gain on paper at least $300-400 psf.
Parktown sold at $2300 to $2500 psf, which also proof that market can accept the price point $2300 psf in Tampines North area. If Aurelle EC launch at $1700 psf , it wil be $500 psf lower than Parktown Residence.
