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Tenet Executive Condominium was previously launched under the GLS programme as Tampines St 62 Parcel A, sold on 3 Aug 2021 to Qingjian and Santarli.
Tenet EC is part of the next phase of development in Tampines North, alongside many new BTO projects.
Located very near to the future Tampines North Cross Island Line, this project is expected to be in high demand!
Read more about these upcoming projects:
Tampines North is the next up and coming residential estate, in addition to 2 EC land plots being announced (Tampines St 62 Parcel A , Tampines St 62 Parcel B), the government on 7 June 2022 announced a 5.07ha mixed-use mega site at Tampines Ave 11.
This new site can potentially yield 1,190 residential units and 14,000 sq m of commercial space, and the site will become a significant development in the Tampines North area.
23 July 2021 Record bids lodged for Tampines EC plot, Lentor Central residential site , Straits Times
"The $422 million bid is the highest land rate to be paid for an EC site in the history of this type of housing.
It broke the previous record land rate of $603 psf ppr for an EC site in Tengah Garden Walk, the last GLS EC land tender that closed just before this tender."
Land Area (sqm): 23,799.2
Maximum Gross Floor Area (sqm): 59,498
Tender Launch Date: 15 April 2021
Tender Close Date: 22 July 2021
Note: A decision on the award of the tender will be made after the bids have been evaluated. This will be announced at a later date.
|S/N||Name of Tenderer||Tender Price ($)||$psm/GFA ($)|
|1||QJ-OS Pte. Ltd. and Santarli Realty Pte. Ltd.||$422,000,000.00||$7,092.68|
|2||Intrepid Investments Pte. Ltd. and TID Residential Pte. Ltd.||$416,283,400.00||$6,996.59|
|3||Hoi Hup Realty Pte Ltd and Sunway Developments Pte. Ltd.||$415,280,000.00||$6,979.73|
|4||Tarak Properties SG Pte. Ltd.||$406,988,000.00||$6,840.36|
|5||MCC Land (Singapore) Pte Ltd||$401,080,000.00||$6,741.07|
|6||CSC Land Group (Singapore) Pte. Ltd.||$387,464,065.56||$6,512.22|
|7||GLL C Pte. Ltd.||$385,000,000.00||$6,470.81|
|8||Sim Lian Land Pte Ltd||$366,666,000.00||$6,162.66|
|9||EL Development Pte Ltd||$356,100,000.00||$5,985.08|
Location: Tampines Street 62 (Parcel A)
Proposed Development: Executive Condominium
Land Area: 23,799.2 sqm
Maximum Gross Floor Area: 59,498 sqm
Lease Term: 99 years
Taken in May 2022: BTO flats construction in progress in Tampines North
Taken May 2022: Tampines North Bus Interchange construction in progress
Tenet Executive Condominium was launched under the GLS programme as Tampines Street 62 Parcel A, a plot of land released under the GLS (Government Land Sales) Programme, slated for the development of an Executive Condominium.
Submission of Tender
On 22 July 2021, Thursday, from 9:00am to 12:00pm at The Procurement Office. Any tender submitted after 12:00pm on the tender submission date will not be considered.
Provisional Tender Results
The Provisional Tender Results will be available on 22 July 2021, Thursday, after 5:00pm via the HDB Land Sales page and at the Procurement Office.
Notes from Appendix C, Additional Conditions of Tender (Technical)
ELECTRIC VEHICLES (EV) CHARGING INFRASTRUCTURE PROVISION
LTA requires the Successful Tenderer to comply with the following requirements:
i) To future-proof new development sites in Singapore, the Successful Tenderer is required to have active and passive provision of EV charging points for the development.
ii) Active provision refers to charging points that are fully wired and ready for use by EVs. Passive provision refers to catering of sufficient electrical power at the consumer switch room(s) and/or substation(s) to allow more chargers to be installed and activated easily when demand increases in future. As a start, the Successful Tenderer is to ensure at least 15% of the total car-park lots can minimally support 3-Phase AC Type 2 chargers with power output of 7kW per charging point (i.e. passive provision), of which at least 1% must be installed with EV charging points (i.e. active provision). The detailed requirements are set out in Clause 3.0 of the Conditions and Requirements of Relevant Competent Authorities and Public Utility Licensees.
iii) For active provision, the Successful Tenderer shall indicate the location, number and type of chargers to be installed for LTA’s approval at the plan submission stage. At the CSC stage, LTA will verify that the minimum active provision as approved have been made and are ready for use by EVs. For passive provision, the Successful Tenderer shall submit a declaration (with supporting documents) to LTA at the plan submission stage on the following using the submission template in Appendix D (I):
a. Total number of lots with active and passive provision, and total number of lots.
b. Total electrical load required for lots with active and passive provision.
c. Electrical load required from the rest of the development.
d. Approved total electrical load from SPPG.