Rivelle Tampines EC sells out 572 units in second-round balloting

Second-round sales took up the EC’s final 58 units.

Rivelle Tampines executive condominium (EC) recorded a full take-up of 572 units after its second-round sales booking on 25 April, with all 58 remaining unsold units transacted.

The project reached full sales about one month after its public launch on 21 March, following an initial weekend where around 93% of units were sold at an average price of $1,893 per square feet (psf).

The second-round exercise covered the remaining inventory allocated for second-timer buyers.

Kelvin Fong, chief executive officer of PropNex, said Rivelle Tampines is the third EC project to be fully sold at the second round of balloting, following Aurelle of Tampines in April 2025 and Copen Grand in November 2022.

He said demand for ECs continues to be supported by upgrader demand, noting that new ECs remain priced below private non-landed homes.

Based on caveats lodged, median prices of new ECs in the first quarter (Q1) of 2026 stood at $1,837 psf, compared with $2,503 psf for new 99-year leasehold non-landed private homes in the Outside Central Region.

Fong added that HDB resale price gains have supported upgrader affordability, with the HDB resale price index rising about 55% from Q1 2020 to Q1 2026.

Rivelle Tampines is located in Tampines West near Tampines West MRT station, Pinery Mall, and nearby schools including St. Hilda’s Primary School.

PropNex said that across two EC launches this year, namely Coastal Cabana and Rivelle Tampines, 1,139 units, or 86% of 1,320 units, have been sold based on URA Realis caveat data up to 19 April with unsold EC inventory remaining below 200 units.

Huttons Asia chief executive officer Mark Yip said Rivelle Tampines is fully sold one month after launch, making it the best-selling EC launch in 2026.

He said about 87.9% of buyers opted for the deferred payment scheme, higher than an estimated 71% at launch.

Follow the link s for more news on

Huttons Asia

PropNex

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.

If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia