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Residential Property
Staff Reporter
,
Singapore
Published:
17 minutes ago
Photo by Nate Hovee via Pexels
Rivelle Tampines sells 92.5% on launch, named best-selling executive condo of 2026
High buyer interest attributed to schools, amenities, and convenient MRT access, PropNex notes.
Rivelle Tampines executive condominium (EC) sold 529 of its 572 units, or 92.5%, during its launch weekend, making it the best-selling EC of 2026, said Mark Yip, CEO of
Huttons Asia. This is the first EC in Tampines West to cross 90% on launch weekend.
All 171 units set aside for second-timer buyers were fully taken up on launch day, he added. Eligible buyers could receive up to $30,000 in CPF Housing Grants.
Around 71% of buyers opted for a Deferred Payment Scheme, which allows them to start loan repayment after receiving the Temporary Occupation Permit, said Yip. The scheme also helps HDB upgraders who may still have loans on their current flat.
The project’s proximity to the upcoming Pinery Mall, several schools, and the Tampines West MRT station enhanced its appeal, said Justin Quek, Deputy Group CEO of Realion (OrangeTee & ETC) Group whilst nearby employment hubs, such as Changi Airport, also supported sales.
With no new EC sites planned for the eastern region in the first half of 2026, Rivelle Tampines may be the last EC launch in the East this year, he added.
The average transacted price was $1,893 per square foot, said Kelvin Fong, CEO of PropNex. The 3-bedroom premium and 3-bedroom premium + study units were fully sold, whilst 4-bedroom units sold more than 95%.
The project drew more than 8,000 visitors to its sales gallery during the preview, he noted. This turnout is in line with past EC launches in Tampines, such as Aurelle and Tenet, that also recorded strong take-up rates.
Compared with new private condominiums in the Outside Central Region, ECs remain around 21% more affordable, said Fong.
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Huttons Asia
PropNex
Realion Group
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