SINGAPORE – Treasure at Tampines, the 2,203-unit condo showing up on the site of the former Tampines Court HUDC estate, will certainly be open for a preview this Friday (March 15), with real sales slated to start later this month at a typical price of around $1,280 per square foot (psf).
Developer Sim Lian Team, which obtained the collective sale site for $970 million in 2017, said the condominium will certainly be Singapore’s largest in terms of number of units. The site extends close to 650,000 sq ft, with 40 percent presently built up. Treasure at Tampines is among a couple of mega projects launching in 2019, and also is anticipated to get its temporary profession authorization by 2023.
Situated at Tampines Road 11, the 99-year leasehold advancement will certainly use one to five-bedroom units in sizes ranging from 463 sq ft to 1,722 sq ft. The blocks are outlined in a north-south alignment, with a majority of units dealing with waterscapes, stated Sim Lian. It will have 128 entertainment and lifestyle features including 13 pools as well as a 24-hour indoor and also outside gym center, it added.
Kuik Sing Beng, executive supervisor of Sim Lian Group, said in a news releases on Thursday that the advancement accommodates families and also upgraders.
With its close proximity to Changi Airport, Jewel Changi Airport Terminal as well as Changi Organization Park, Mr Kuik said “a residence here will certainly be a really eye-catching suggestion for both brand-new home customers and upgraders alike, along with financiers”. Tampines is a major employment center beyond the CBD, with employment clusters at the Tampines Regional Centre, Changi Airport and also Changi Organization Park. The business park residences lessees such as DBS, IBM as well as Criterion Chartered Bank, while significant Singapore banks like OCBC and UOB run their back-end operations at Tampines Regional Centre.
There will certainly additionally be more job opportunity with the continued growth of Changi Airport terminal, Changi Business Park as well as the Singapore College of Innovation and also Layout, said Sim Lian. The condominium will have very easy access to Tampines Expressway (TPE), as well as direct access to the Frying pan Island Expressway (PIE) through a brand-new slip road, Tampines Lane. said Sim Lian. There will certainly also be a 21 kilometre cycling course network that finishes in 2022, it included.
