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Executive Condos

Rivelle Tampines: HDB records show $465M land bid from 5 bidders, older EC rules

Story date: 25 Apr 2026. Facts come from Singapore government sources.

By Jeff, Kopi & House EditorialUpdated How we write
Short answer

HDB's list of EC sites sold shows Rivelle Tampines on the Tampines Street 95 site, won by Sim Lian Land and Sim Lian Development for $465,000,000 from 5 bids. The tender closed on 24 Oct 2024 and HDB awarded it on 8 Nov 2024, about $768 psf ppr. Launch sales are not confirmed here by a government source.

5bids for the site
$465Mwinning bid
$768psf ppr (our arithmetic)
8 Nov 2024HDB award date

What government records show

  • HDB launched the Tampines Street 95 EC site for tender on 22 Aug 2024. It covers 22,488.9 sq m, with a maximum gross floor area of 56,223 sq m, on a 99-year lease.
  • Sim Lian Land Pte Ltd and Sim Lian Development Pte Ltd won with $465,000,000, the top of 5 bids. HDB's list names the project Rivelle Tampines.
  • We converted the price to about $768 psf ppr by dividing it by the floor area and by 10.764.
  • The tender closed on 24 Oct 2024, before the 8 May 2026 cut-off in MND's new EC rules, so the older rules apply on our reading: a 5-year MOP and full privatisation after 10 years.

What we have not confirmed

Launch-weekend sales, take-up by unit type and whether the project has sold out are not stated in the government sources we used, so we have taken them off this page. URA publishes units sold and unsold for each EC in its monthly developer sales data. Rivelle was launched under the old rules; new EC sites now carry a 10-year MOP and no DPS.

Full project page: Rivelle Tampines facts, prices and buyer questions.

Frequently asked questions

Is Rivelle Tampines sold out?

We have not confirmed that against a government source, so we do not state it here. URA's monthly developer sales data shows units sold and unsold for each EC.

Which EC rules apply to Rivelle Tampines?

The older rules, on our reading: HDB's list shows the site's tender closed on 24 Oct 2024, before the 8 May 2026 cut-off that MND set for the new rules.

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