Rivelle Tampines EC opened to exceptionally strong take-up on 21 March 2026, with 529 of its 572 units sold on launch day, translating to a 93% absorption rate that marks the strongest executive condominium debut since Hundred Palms Residences in 2017. The average transacted price reached S$1,893 per square foot, placing the project above Aurelle of Tampines, which moved 90% of its stock at S$1,766 psf in March 2025, and well ahead of Tenet EC, which achieved 72% sales at S$1,360 psf in December 2022. The result also reinforced the depth of demand for family-oriented housing in Tampines, where supply remains constrained.
Developed by Sim Lian Group at Tampines Street 95 in District 18, the project comprises 11 residential blocks ranging from 12 to 14 storeys and contains 572 apartments across a site area of 242,068 square feet with a gross plot ratio of 2.5. The developer acquired the land parcel in 2024 for S$465 million, equivalent to S$768 per square foot per plot ratio, and the expected temporary occupation permit is scheduled for 2030. Rivelle Tampines EC offers three- to five-bedroom layouts and a full suite of condominium facilities, positioning the development squarely toward owner-occupier family demand. The broader Tampines executive condominium market has previously drawn strong attention as the first EC launch in the east since 2012.
Unit absorption patterns were similarly decisive, with all 241 three-bedroom units sold, while 87% of the 291 four-bedroom homes and 85% of the 40 five-bedroom units were taken up. The sales profile aligned with demand from HDB upgraders in the surrounding catchment, particularly given executive condominium eligibility conditions, available CPF housing grants, and first-timer subsidies of up to S$30,000. Buyers also retain the standard tenure framework under the segment, namely a five-year Minimum Occupation Period followed by full privatisation after 10 years. The strong upgrader response reflects a broader government objective of maintaining high homeownership rates while directing targeted support toward specific income groups through the EC framework.
Location fundamentals contributed materially to the launch outcome. The development sits within a three- to five-minute walk of Tampines West MRT station on the Downtown Line, enjoys proximity to the PIE and TPE expressways, and is adjacent to Bedok Reservoir. It also benefits from placement within the mature Tampines regional centre, near the upcoming Pinery Residences and Pinery Mall, while holding a first-mover pricing advantage over the adjacent private condominium, where indicative prices start from S$2,340 psf. The appeal is further supported by school proximity, with Junyuan Primary, St. Hilda’s Primary and Red Swastika School all located nearby.
