Tampines Mix Development - Government Land Sales Review

Tampines Mix Development - Government Land Sales Review
The latest government land sales results for the mixed development site along Tampines Avenue 11 saw a highest bid came from a joint venture company by CapitaLand, UOL, and SingLand. Their offer was 14% higher than the second bidder's.
Going forward, how much will the developers be selling them for?
Is it worthwhile buying a mixed development today?
How will this impact the upcoming EC site that is located next door?
What about owners that have already bought Tenet?
Note: For Tenet balance units. All the above balance units have been sold except for 4 units of 5 bedrooms. Price starting from $2,120,000 ($1,358psf only) as of 2 July 2023.
wa.me/[phone]
Alan Wee l #AlanWeeProperty
(65) 9297 3150 I CEA Reg No. R024730A
www.AlanWeeProperty.com (Resale)
www.AlanWee.com (New Homes)
/ @alanweeproperty
FB: AlanWeeProperty
References:
www.edgeprop.sg/property-news...
www.hdb.gov.sg/about-us/news-...
www.straitstimes.com/business...
www.edgeprop.sg/property-news...
www.healthforlife.sg/

[@takanna]

short and sweet video! and nice that u also included a lobang at the end...keep it up!!🎉

[@alanweeproperty]

Thank you so much 😀

[@yipkf18]

👍

[@the50dollarsman]

Mixed development usually sell with a premium. I confident they will sell above 2000 psf

[@lizhong0619]

Hi Alan, thank you very much for the in-depth analysis. I am very, very curious about how you worked out the break-even after your "complicated calculation". Can share a bit more if possible?

[@alanweeproperty]

I prefer not to. Thank u.

[@benng7306]

But SKG subsale was lousy

[@alanweeproperty]

Becos of their entry price...ample supply n choice nearby also play a part..2 bed in SKG can I buy 3 bed nearby? Yet enjoy mall next door?