As of April 2019, there have been 4 executive condo (EC) plots which have been announced on government land sales (GLS) tender. 4 of them have already been sold as of April 2019.

Launching in 2019: Piermont Grand (Sumang Walk EC)

Read also: 5 reasons why the upcoming 2019 Punggol EC on Sumang Link will be another sell-out

Launching in 2019 or early 2020: Canberra Link EC

Won in September 2018 by Hoi Hup Realty for S$271 million, or S$558.22 psf per gross floor area, Canberra Link executive condominium (EC) will be walking distance to the upcoming Canberra MRT station which is slated to be completed by 2019.

Launching in 2020

The Anchorvale Crescent EC site drew 9 bidders in total, and Evia Real Estate and Gamuda (Singapore) had won the site for a bid of $271 million, which translates to S$558.22 psf per gross floor area.

The site is walking distance to Cheng Lim LRT and Sengkang MRT and is located right opposite the Sengkang Community Hospital.

Launching in 2020/2021

The highest bid came from Hoi Hup Realty and Sunway Developments and these two firms jointly submitted a bid of $434.45 million for the site, which translates to $578 psf/per plot ratio (ppr). The second highest bid came from Chinese developer MCC Land, which submitted a bid of $431.62 million (this comes up to $574.36 psf/ppr).

Hoi Hup’s foray into the EC market has been fairly successful in the past couple of years, with the sell out of Hundred Palms EC at Hougang and Rivercove Residences in Sengkang.

Tampines is a mature estate with plenty of amenities. This site is likely to be highly contested due to the lack of executive condos in the east.

The last EC in this area in Tampines was the Arc @ Tampines, along Tampines Avenue 8. This is later preceded by The Tampines Trilliant and City Life @ Tampines.

This site would also be in 1km to Poi Ching School, St Hilda’s Primary and also walking distance to United World College South East Asia (UWCSEA).

Read also: Can divorcees purchase BTO/Executive condo (EC)?

Keen to find out about the upcoming ECs, respective prices and floorplans? We will update this page continuously once a government land tender comes up for an EC. Contact us below to be on our exclusive EC mailing list today!