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Strong demand amongst buyers for Tenet Executive Condominium, 447 units sold on launch day

Bookings for Tenet Executive Condominium (EC), Qingjian Realty’s first EC launch for 2022, commenced on Saturday 3 Dec 2022 for eligible buyers. On the first day of launch, 447 units (72%) of 618 units were sold, with a conversion rate of more than 45% of 984 ballot tickets dropped.

The average launch price was S$1360 per square foot (psf). All units were well received with homebuyers especially for the 4 bedroom. Choice units are still available for eligible first time buyers where there is a limited supply of upcoming ECs.

In line with prevailing EC regulations, only 30% of the project can be allocated to second-time buyers during launch and this was promptly met for Tenet. For secondtime buyers still interested in purchasing a unit and were unable to do so during the launch period, e applications will start from 30 December 2022 with sales booking scheduled on 7 January 2023.

Ms. Yen Chong, Deputy General Manager of Qingjian Realty said, “we are delighted by the strong interest and take up rate of Tenet, despite the launch being held in the month of December where many families are travelling overseas after the pandemic. This is a reflection of the appreciation of what Tenet has to offer – a mature township with extensive amenities and well thought apartment layouts.”

Premium Living Within a Mature Estate

Tenet EC, which is a joint venture between Qingjian Realty, Santarli Realty and Heeton Holdings, is a home built for the modern family. Within a 5-min walk to the upcoming Tampines North MRT Station of Cross Island Line opening in 2030, the Tenet EC is designed with connectivity and accessibility in mind. Tampines Boulevard Park at only 1km away provides ample greenery and space for children, adults and senior citizens.

Additionally, Tenet residents will be entitled to a host of state-of-the-art communal facilities such as a cantilever entertainment room that overlooks the infinity pool, a fully equipped karaoke studio room, and a piano room. Tenet EC is at close proximity to future developments and economic growth corridors like Paya Lebar New Town, Punggol Digital District and Changi Region. Aside from future business developments, homeowners will be able to take advantage of having easy access to renowned educational institutes such as Poi Ching School, St Hilda’s Primary School, Dunman Secondary School, Ngee Ann Secondary, and even the international varsity United World College SEA are also within close proximity.

Residents can also easily hop over to Tampines Hub, Tampines Mall, Century Square and Tampines One for their shopping needs. While Ikea, Courts, and Giant Hypermarket are a short 5-minute drive away. They will get to enjoy easy access to the future Tampines North Cross Island Line Station which is just 5 mins walk away. Tenet EC’s show gallery is located at 7 Tampines Grande (opposite of Hitachi Square) and is open daily from 10.00 am to 7.00 pm, by appointment only.