Treasure at Tampines is scheduled to be launched on Friday 15 March. This marks the launch of the largest condominium project in Singapore’s history.
The condo will have 29 blocks of twelve-storey blocks and apartment will range from one to five bedrooms units. Sitting on a sprawling 648,889 sqft of land, the project will offer 128 full condominium facilities.
Developer Sim Lian Group has indicated that Treasure at Tampines is going to be one of the most affordable launch of 2019. During the first phase of the launch, units will be priced at an average of $1,280 psf.
According to Alvin Tan, PropNex Executive Director and Head of Project Marketing, there is limited downside risk as the project is priced quite close to prices of upcoming Executive Condo launches. Buyers can look forward to potential capital appreciation.
A strong attribute of the development is the location. Being the redevelopment of the former Tampines Court, the location is that of a mature estate. There is good connectivity to major transportation nodes and easy access to amenities and conveniences. Reputable schools is another location benefit. The condo is also within close proximity to the Aviation Hub of Singapore with the opening of Jewel and Terminal 5 at Changi Airport, which serves as an employment node.