TREASURE AT TAMPINES CONDOMINIUM
Here we present a Review of the Treasure at Tampines condo, that replaces Tampines Court, the HUDC development that previously occupied the site. It has been several years since there was last a new launch at Tampines within walking distance of an MRT station and shopping mall.
Treasure at Tampines addresses that gap, and faces little competition as there will be no other upcoming launches in the vicinity either. In addition, the advantage about former HUDC sites like this is that they tend to be in mature locations, well serviced by basic amenities.
The site here is no exception. In fact, it is better located than most others. For a start, it is less than 600 metres walk via an overhead bridge across the PIE, to Simei MRT station on the East-West line.
Next door to Simei MRT station is a shopping centre, Eastpoint Mall. The Treasure at Tampines site is also within walking distance, to Changi General Hospital and the St Andrews Community Hospital, which is comforting to know in case of need.
Closer home, we have the Tampines Round Market & Food Centre a couple of blocks, 4 minutes walk away. All in, this development should cater to pent up demand in the east of Singapore, particularly among buyers with family ties in the Tampines or Changi district, for a conveniently-located new development.
TREASURE AT TAMPINES CONDO · FACTSHEET
|Name||Treasure at Tampines|
|Developer||Sim Lian Land Pte Ltd|
|Status||Condominium (No restrictions on foreign ownership)|
|Address||118 Tampines Street 11, Singapore 520118|
|Site Area||65,232.6 m² (702,164 sq ft)|
|Floor Area||182,651.3 m² (1,966,059 sq ft)|
|Tenure||99 years leasehold|
|No. of Units||2,225|
TREASURE AT TAMPINES FLOOR PLANS
The Treasure at Tampines floor plans are not available yet. Kindly drop us a note via the Contact Form if you would like the Treasure at Tampines condo floor plans to be sent to you once ready.
TREASURE AT TAMPINES SITE PLAN
The Treasure at Tampines site is a 702,164 sq ft irregularly-shaped parcel of land, in a roughly north-south direction width-wise. It sits at the corner of Simei Avenue and the PIE (Pan Island Expressway), but with a fair bit of green buffer land in between.
The site itself is huge, and will yield 2,225 units. Given the large land area, there will be wide range of facilities provided for residents.
TREASURE AT TAMPINES SHOWFLAT · VIEWING
The Treasure at Tampines showflat is not ready for viewing yet. Please register via the Contact Form if you wish to be kept posted on the Treasure at Tampines showflat opening schedule.
TREASURE AT TAMPINES PRICE · UNIT TYPES
UNIT TYPES . SIZES
|Unit Description||Type||No. of Units||Strata Area
|Total Number of Units||Approximately 2,100|
Floor areas stated includes any Voids, Patios, Balconies, Terraces, A/C Ledges.
TREASURE AT TAMPINES PRICE RANGES
The Treasure at Tampines price ranges have not been decided yet. Please let us know via the Contact Form if you would like to be kept posted on the indicative pricing.
Exact Treasure at Tampines prices will be only announced on the VIP Preview / balloting sales day. But land and development costs provide the background to the eventual selling price.
Land and Development Costs . Background
The Treasure at Tampines land parcel was the sprawling former Tampines Court, that Sim Lian Land snapped up for SGD$970 million in August 2017.
In addition to the purchase price for the land, Sim Lian had to make two payments to the government. One to enhance the intensity of the site to the maximum plot ratio of 2.8 (the ratio of built-up floor area to land area). The other to top up the site lease to 99 years, from the remaining lease of 69 years.
The value of the two premiums was around SGD$359 million – on top of the purchase price. All in, it works out to a land rate of $676 per square foot per plot ratio (PSF PPR).
After taking into account probable development costs, including for financing & overheads, we could be looking at a break even of around SGD$1,200 to $1,250 PSF.
TREASURE AT TAMPINES SINGAPORE · DEVELOPER
Treasure at Tampines is being developed by Sim Lian Land, part of the Sim Lian Group.
The Sim Lian Group has been in the business of producing homes for families in Singapore for over 40 years, starting out first in construction. They have built up their business on the core principles of quality workmanship, prime location, and efficient space planning. In fact Sim Lian has a reputation in the market for practical and functional design.
Today the Group is recognised as a reputable home-grown construction & property development company with a diverse portfolio under its belt of residential, industrial, retail, commercial, and mixed-use developments. It has also assembled an investment portfolio of commercial property in the region, as far as Australia.
Sim Lian is evolving in tandem with market conditions over the years, and growing from strength to strength, led by a strong management team with collective experience of over 150 years in the industry.
The Group remains committed to creating quality working and living spaces that make for smart investments for the future. Local examples of their work include The Lincoln Residences, Trilliant at Tampines, Rochelle at Newton, Hillion Residences & Hillion Mall, A Treasure Trove, Clover by the Park, and Vision Exchange.
TREASURE AT TAMPINES LOCATION · FEATURES
Location. The Treasure at Tampines location is within Tampines town, close to its border with Simei. It is actually not far from, within a 1 km radius of Tampines Town Centre.
Tampines has been designated as a regional hub since the early 1990’s. Today, Tampines is one of the most developed regional centres, serving the east of Singapore.
Shops, F&B, Supermarkets. Eastpoint Mall is an 8 to 9 minute walk across the overhead bridge to Simei. It provides a full range of shops and services, like a Fairprice supermarket, food court and fast food joints, restaurants and cafes, and a wide variety of outlets.
The Treasure at Tampines location also comes with its own neighbourhood market, the landmark Round Market and Food Centre, a couple of blocks away along Tampines Street 11.
Schools. A wide choice of schools here. There are 6 primary schools within the 1km radius of the Treasure at Tampines location, not to mention some secondary schools too. And within the 2km radius, we have more primary schools such as Red Swastika School and St. Hilda’s Primary School.
MRT Station. The Simei MRT station on the east-west line is around 600m or roughly 8 to 9 minutes walk across, via the overhead bridge over the PIE. But if driving, then the Tampines MRT station at the town centre is a 5 minute drive or 1.25km away.
Accessibility. The Treasure at Tampines location is close to the exit to the PIE (Pan-Island Expressway), less than 5 minutes drive from it. Which brings you to the network of highways around the island. Also less than 15 minutes drive to Changi International Airport.
- 1 to 3 Mins Walk to MRT
- 10 to 12 Mins Walk to MRT
- 13 to 15 Mins Walk to MRT
- 16 to 18 Mins Walk to MRT
- 19 to 21 Mins Walk to MRT
- 22 to 24 Mins Walk to MRT
- 25 to 27 Mins Walk to MRT
- 28 to 30 Mins Walk to MRT
- 31 to 33 Mins Walk to MRT
- 34 to 36 Mins Walk to MRT
- 37 to 39 Mins Walk to MRT
- 4 to 6 Mins Walk to MRT
- 7 to 9 Mins Walk to MRT
- Deferred Payment Scheme
- Luxury High-End Project
- Near Park / Nature Reserve
- Near Reservoir
- Near Shopping Mall
- Near Sports Complex
- Near to City
- Payment Scheme
- Prime District
- Progressive Payment Scheme
- Proximity to Primary School
- Sea / Water Views
- Special Discounts
- Special Features
- Star Buys
- Walk to MRT
- Within 1KM of Ai Tong Primary School
- Within 1KM of Anglo Chinese Primary School (Barker Road)
- Within 1KM of Catholic High
- Within 1KM of Cedar Girls Primary School
- Within 1KM of Holy Innocents Primary School
- Within 1KM of Kong Hwa Primary School
- Within 1KM of Maris Stella
- Within 1km of Methodist Girls' Primary School
- Within 1KM of Nan Chiau Primary School
- Within 1KM of Nan Hua Primary School
- Within 1KM of Ngee Ann Primary School
- Within 1KM of Paya Lebar Methodist Girls' Primary School
- Within 1KM of Raffles Girls Primary School
- Within 1KM of River Valley Primary School
- Within 1KM of Rosyth Primary School
- Within 1KM of Singapore Chinese Girls' Primary School
- Within 1KM of St Andrews Primary School
- Within 1KM of Tao Nan Primary School
· For Priority to View & Choose Units
· Developer Preview Discounts & Prices
· No Agent Fees or Charges