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TENET

TAMPINES STREET 62 · D18 Tampines
Executive Condominium99-year
This Executive Condominium was completed in 2025 and has not yet reached its 5-year MOP (around 2030). Until MOP, owners cannot sell on the open resale market, so the figures here are based on new-sale / launch transactions and resale history is limited — which is why the data-confidence score is low. ECs also fully privatise at 10 years, when Singapore PRs and foreigners can buy.
$1,784 psf
median $psf
median rent · psf/mo
gross rental yield
15
highest floor
618
total units
2025
TOP / completion
Median $psf excludes ground & top-floor units · basis: last 12 months.
62
/ 100
HomeVestor Investor Score
Best for: Family demand
Watch out for: Thin transactions, Limited rental data, Priced above nearby projects
Data confidence: Low · overall risk: Moderate
Yield
Cashflow
Liquidity28
Growth58
Family100
How is this worked out? — this project’s 3 sub-scores, from its own data
Each sub-score is 0–100 (higher = better), built from this project’s actual figures — here are the exact drivers behind each one.
Capital growth · 58
Nearest growth node: Pasir Ris & Tampines North — ~0.9 km away (announced) → 84 · Nearest MRT ~877 m (Pasir Ris) → 32 · Price momentum — too few recent sales to score  =  average
Exit liquidity · 28
618 units → 75 · 4 sales in 12 mo → 9 · 0 rental contracts → 0  =  average
Family demand · 100
Oversubscribed school within 1 km (Angsana Primary School, 2.8× demand) → 100
Overall · 62
The average of the 3 sub-scores above.
Risk flags
Thin transactions — 4 sales in 12 months, so the price signal is noisy · Limited rental data — 0 rental contracts, so the yield estimate is soft · Priced above nearby projects — ~27% above the median $psf of 28 projects within ~2.0 km
Note: risk flags are screening signals from the data — not confirmed defects; check each against the actual unit, title & MCST.
A screening heuristic — not financial advice; verify every figure and your own budget before transacting.
Investor verdict

Tenet is a leasehold project in D18 Tampines with limited yield data, thin liquidity and strong school demand (Angsana Primary School within 1 km). It sits ~0.9 km from the Pasir Ris & Tampines North growth node (announced).

Best suited for
  • Family demand buyers
Less suited for
  • pure rental-yield investors
Key due-diligence
  • Confirm the exact unit stack, facing and floor — our figures are project medians.
  • Stress-test cashflow at +1–2% interest in the calculator below.
  • Verify the school 1 km boundary & current MOE rules — priority is not a guarantee.

Investment report

A plain-language read on Tenet — genuine strengths, honest risks, an independent fair-value range and a Buy / Watch / Avoid position, all from the data above.

Why this may work
  • In the Pasir Ris & Tampines North URA growth precinct — a corridor earmarked for new jobs, transport and amenities.
  • Oversubscribed primary school (Angsana Primary School) within 1 km — a durable family-demand anchor.
  • Well-sized 618-unit project — larger developments trade at firmer $psf and resell faster.
Why this may fail / what to watch
  • Entry $psf sits ~27% above nearby projects (within ~2.0 km) — a location/quality premium that has to keep being earned.
  • Thin liquidity (4 sales/12 mo) — a slower, choppier exit and a softer price signal.
  • Check nearby new-launch & upcoming TOP supply — a fresh project within walking distance can cap rents and resale for a few years.
Signals screened from the data — strengths and risks, not confirmed facts. For educational purposes only — not financial advice.

Fair-value range

Several independent value bases — more informative than a single median. The combined range weights the project-specific bases most.

Recent project median $psfexcludes ground & top-floor units$1,784 psf
Same-size, recent compsfloor of ±25% size band, recency-weighted$1,647 psf
Nearby projectsmedian $psf of projects within ~2.0 km$1,402 psf
HomeVestor fair range$1,423–$1,805 psf
≈ $1,394,540–$1,768,900 for a ~980 sqft unit

See the D18 comparables behind that district base on the map below — switch on “District condos by $psf” in the layers (this project vs cheaper/pricier neighbours).

How is this worked out? — the value bases & combined range
Project median
Recency-filtered median $psf of this project’s own resale caveats (ground & top-floor units excluded).
Same-size comps
Recency-weighted median $psf of caveats within ±25% of the typical unit size (6-mo full, 6–12-mo 70%, 12–24-mo 40%) — the comparable-sales method used in our Valuation tool.
District-comparable
Median $psf across all projects in the same district — a market-level sanity check (a genuinely superior project can sit above it).
Yield-supported
The $psf at which today’s median rent would return a 3.8% target gross yield for a OCR project — anchors price to rental fundamentals.
Combined range
A weighted blend (comps 28%, yield 28%, project median 22%, district 22%); the band width (±5–13%) reflects how far the independent bases disagree, so a genuinely over- or under-priced project sits outside it.
Note: a project-level estimate — a specific unit’s floor, facing and size shift its fair value. Check a specific unit’s price ›
For educational purposes only — not financial advice.

Buy · Watch · Avoid

Where the project’s current median $psf sits against its fair range, overlaid with the risk signals. An educational classification — not a recommendation.

BUY — below fair
WATCH — around fair
AVOID — above fair
Watch zoneCurrent median $1,784 psf is around fair value — whether it’s a good buy comes down to the specific unit and price.
Compares project medians to a computed fair range — individual units vary. For educational purposes only — not financial advice.

Price trend

6-month rolling median $psf · excludes ground & top floor

Long-run trend — project vs. market

Indexed to 100 at 2022 · 2022–2026

Long-run line = URA Private Residential Property Price Index (indexed market trend, not unit prices). Markers = actual transactions, past 5 years. Source: URA via data.gov.sg, SODL v1.0.

Zeroing in on one unit? Check if it’s fairly priced ›  ·  Work out what to offer ›

Popular schools nearby

Proximity to an oversubscribed primary school is a major driver of family demand. Being within 1 km gives the top P1 balloting priority; 1–2 km is next.

Within 1 km — highest P1 priority
1 – 2 km

Location & neighbourhood

Tap any label below the map to show or hide that layer, or use Show / hide all. On by default: primary schools, MRT stations within 2 km (nearest highlighted), and hawker / malls / supermarkets. Off by default (tap to switch on): Secondary / JC / Poly, international schools, bus stops, healthcare and childcare.

Nearest MRT: Pasir Ris MRT Station · ~877 m. Amenities © OpenStreetMap contributors (ODbL), tiles © CARTO.

About this project

Project NameTENET
Street NameTAMPINES STREET 62
Property TypeExecutive Condominium
Tenure99 years leasehold · ~98 yrs left
District / Planning AreaD18 / Tampines
Completion2025
Number of units618 units
Highest floor in the project15
DeveloperTQS DEVELOPMENT PTE LTD
Land Area (sqm)23,799
Master Plan Plot Ratio2.5

All transactions (629)

Newest first. Click any column heading to sort. Ground & top-floor units are excluded from the median above.

e.g. 20-07 · 20- = storey 20 · -07 = stack 07
both optional
Date Address Size
(sqft)
$psf Price
Show
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