Newsflash Asia – Breaking Stories, Smarter and Faster

[user-icon-header-short device='mobile']

Rivelle Tampines EC sells out amid fierce demand

Rivelle Tampines executive condominium (EC) in Tampines West has successfully sold all its remaining 58 units during the second-round balloting for second-timer buyers on 25 April 2026. This achievement comes just a month after its public launch on 21 March 2026, where it initially sold 93% of its 572 units at an average price of $1,893 per square foot (psf).

The Rivelle Tampines EC is now the third EC project to sell out during its second sales balloting, following the success of Aurelle of Tampines in April 2025 and Copen Grand in November 2022. Kelvin Fong, CEO of PropNex, highlighted the strong demand for ECs, noting that they provide an affordable entry into private housing for many Singaporean households, including those upgrading from Housing Development Board (HDB) flats.

Despite setting a new benchmark price for ECs, Rivelle Tampines maintained strong sales, underscoring the resilience of demand for this housing type. The median unit price for new ECs in Q1 2026 was $1,837 psf, significantly lower than the $2,503 psf for new 99-year leasehold non-landed private homes in the Outside Central Region (OCR).

The project’s location in an established regional centre, its proximity to Tampines West MRT station, the upcoming Pinery Mall, and schools like St. Hilda’s Primary School contributed to its appeal. With limited unsold EC units on the market, PropNex anticipates continued strong demand and confident bids from developers in future government land sales for EC sites.

This story was selected and published by a human editor, with content adapted from original press material using AI tools. Spot an error? Report it here.

x Studio

Connect with your clients by working with our in-house brand studio, using our expertise and media reach to help you create and craft your message in video and podcast, native content and whitepapers, webinars and event formats

Join The Community

Join The Community

NEWSFLASH

x Studio

Connect with your clients by working with our in-house brand studio, using our expertise and media reach to help you create and craft your message in video and podcast, native content and whitepapers, webinars and event formats.