[New Launch] Another new project enters the East EC market! Can Rivelle Tampines sustain the hot streak?

Tampines EC Rivelle Tampines to Open for Preview on 6 March

The Executive Condominium (EC) market in the East is set to welcome a new launch.

Located along Tampines Street 95, the EC project Rivelle Tampines will open for preview and commence e-applications on 6 March, with official sales launch slated for 21 March.

Developer Sim Lian Group confirmed the timeline on 3 March, adding that pricing details will be released on preview day. Market indications suggest indicative starting prices could range between $1,800 and $1,900 per square foot (psf).

Project Overview: 572 Units with Focus on Larger Layouts

Rivelle Tampines comprises 11 residential blocks ranging from 12 to 14 storeys, offering a total of 572 units.

The development primarily caters to family-sized living, with four-bedroom units forming the largest share at 291 units, spanning between 1,044 and 1,184 sq ft.

There are 241 three-bedroom units, ranging from 883 to 926 sq ft.

Additionally, the project features 40 five-bedroom units, each spanning approximately 1,378 sq ft.

Overall, the development clearly targets owner-occupier families as its core demographic.

Location Highlights: Near MRT Station and Integrated Development

Situated at Tampines Street 95, Rivelle Tampines is in close proximity to Tampines West MRT station and near SAFRA Tampines.

It is also adjacent to Pinery, an integrated development by Sunway Property.

As surrounding amenities take shape, lifestyle conveniences in the area are expected to be further enhanced.

Land Tender: Previously Set Record Land Rate for ECs

The EC site on which Rivelle Tampines sits was put up for tender in 2024, attracting bids from five developers.

It was ultimately awarded to a joint venture between Sim Lian Land and Sim Lian Development, both subsidiaries of Sim Lian Group.

The site was clinched for $465 million, translating to approximately $768 per square foot per plot ratio (psf ppr), which set a record high land rate for an EC site at the time.

However, this record was later broken by an EC site at Woodlands Drive 17, which was likewise secured by Sim Lian Group.

6,200 HDB Flats Reaching MOP Soon May Bolster EC Demand

Market analysts note that a substantial number of HDB flats in the Tampines vicinity will be reaching their Minimum Occupation Period (MOP) over the next few years.

Between 2024 and 2026, an estimated 6,200 HDB flats are projected to fulfil their MOP.

This indicates a sizeable pool of prospective HDB upgraders in the precinct, providing robust underlying demand for the EC market.

With EC supply in the East remaining relatively tight, the new launch is anticipated to draw keen buyer interest.

Previous Tampines EC Recorded Stellar Sales

In fact, the Tampines EC market has witnessed strong momentum recently.

Aurelle of Tampines in Tampines North, also developed by Sim Lian Group, received an overwhelming response when it was launched in March last year.

The project moved 90% (682 units) on its first day of sales, with all four- and five-bedroom units fully snapped up on launch day—demonstrating the resilient demand for ECs in the district.

Second EC Launch of the Year

Rivelle Tampines also marks the island's second EC launch this year.

Coastal Cabana, which launched in January, moved 498 units (66% of its total) over its launch weekend.

Jointly developed by Qingjian Realty, Forsea Holdings, ZACD Group, and Jianan Capital, it achieved an average transacted price of $1,734 psf.

With Rivelle Tampines entering the market, closer attention will be paid to the trajectory of the EC market in 2026.