In any case, the average EA price in Yishun is now surprisingly higher than the average in Tampines – this is despite Tampines being a mature estate and the regional centre of the east!
The realtor also noted that Chua Chu Kang will see improved connectivity with the Jurong Region Line, for which Chua Chu Kang MRT station will be an interchange. This improved accessibility will take the estate one step further from its current 'ulu' status. She noted that recent EA listings in Tampines have been in locations such as Tampines Street 32 to Street 45. These EAs are close to Tampines East MRT station , but this is not the part of Tampines that most people are attracted to.She noted that, if you look for EAs along Tampines Avenue 5 – which is within a five to seven minutes walk of Tampines MRT, there are few listings that will go below $980,000.
EA prices are benefitting from a number of factors, similar to the ones we highlighted for Maisonettes. It’s a combination of high demand from the aftermath of Covid-19 and limited supply .
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