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Tenet EC at Tampines Street 62

TENET EC is an executive condominium located in District 18. This development is near the upcoming Tampines North MRT station of the Cross Island Line. This condominium is a joint venture of Qingjian Realty and Santarli Construction. It is available for rent. It offers a range of floor plans ranging from studios to penthouses.

Tenet at Tampines EC

The Tenet at Tampines EC is a new executive condo project by Qingjian Realty located in the new Tampines estate. The surrounding neighbourhood will feature mainly new developments. It is the first executive condominium to be built in this neighbourhood. The project is also located near the Tampines North MRT station. The Cross Island Line is set to begin with twelve stations in Tampines and Hougang.

Tenet at Tampines EC offers residents a wide range of amenities. The community offers gyms, green gardens, and a big kids’ playground. It also provides residents with an air-conditioned elevator and a private basement parking lot. The Tenet at Tampines EC is ideal for anyone looking for a luxury lifestyle in a central location.

Century Square Mall

Tenet EC at Tampines Street 62 is a prime EC plot in District 18. It is near Tampines Town Centre, Giant Tampines, Ikea, Courts Megamart and upcoming MRT station. It also has several schools and a mall within walking distance.

Tenet EC is conveniently located near major shopping hubs such as Tampines Mall, Tampines One, and Century Square. It is within easy access of the Tampines MRT station and Tampines Bus Interchange. It is also conveniently located near the future Tampines North Hub, which will include a green arcade and plaza square.

Resale levy on Tenet EC

The resale levy is a tax that reduces the housing subsidy on your second HDB flat or HDB executive condominium after the first subsidised flat was sold. The levy is computed based on the size of your flat. If you sold your first subsidized flat before 3 March 2006, you are exempted from the levy. If you sold your second HDB flat after 3 March and have decided to stay in your current flat, you have to pay the levy. The amount will be deducted from the amount of your sales proceeds.

The resale levy on Tenet ECT is 5% of the total purchase price. HDB tenants have the option of deferring the payment until they buy another HDB flat. If they choose to defer the payment, they will have to pay interest at 5% per annum, and the resale levy will be deducted from the sale proceeds.

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