CONDO REVIEW
Latest update at Q1 2020: More than 1,000 units sold!
Developer: Sim Lian (Treasure)
Type: 29 blocks of 12-storeys
Address: 1-57 Tampines Lane, off Tampines Street 11
District: 18
Location: D18
Exp TOP: Dec 2023
Tenure: 99 yrs
Total Units: 2203
Situated on the site of the former Tampines Court off Tampines St 11 (which developer Sim Lian acquired for $970m in 2017), TREASURE AT TAMPINES is a 2,203-unit condominium with one to five-bedroom units in sizes ranging from 463 sq ft to 1,722 sq ft. The blocks are laid out in a north-south orientation, with a majority of units facing waterscapes.
This new condo will offer 128 exciting facilities and 13 pools spead out over its 650,000sf plot. The stunning array of facilities on-site includes two lap pools, two themed kids’ playground, two kids’ slide pool, and a large number of BBQ pavilions, gardens and spa facilities. The 2-storey Clubhouse features a suite of function rooms and co-working space, complemented by 24-hour indoor and outdoor gym facility.
In the Tampines vicinity, there have been quite a number of new launches in recent years, including The Tapestry, Alps Residences and The Jovell. Among these new launches, Treasure at Tampines is located closest to Tampines Central, where shopping malls (i.e., Tampines Mall, Century Square and Tampines One) as well as the Tampines MRT station and bus interchange are located. The pricing is also attractive, as you can see from the price trend comparison chart below.
Not surprisingly, 272 units were sold during the single launch weekend alone in 2019, while sales have been moving at a steady pace since its launch.
Unit Types:
1 BR (463 – 484sqft) = 231 units
2 BR (581-614sqft) = 265 units
2 BR Prem (657 – 678sqft) = 160 units
2 BR + Study (678sqft) = 313 units
3 BR (818 – 947sqft) = 417 units
3 BR Prem (1,012 – 1,087sqft) = 344
4 BR (1,238 – 1,270sqft) = 176 units
4 BR Prem (1,281 – 1,367sqft) = 187
5 BR (1,668 – 1,722sqft) = 110 units
PRICES
Below are the prices of selected units, as well as a price comparison between Treasure at Tampines and nearby new launches.
🔹1 Bedroom from $677K
🔹2 Bedroom from $781K
🔹3 Bedroom from $1,053K
🔹4 Bedroom from $1,526K
🔹5 Bedroom from $1,905K
VIRTUAL SHOWFLATS
FLOOR PLANS
CLICK HERE for Treasure at Tampines brochure (50mb) including floor plans
SITE PLAN
LOCATION MAP
IN THE NEWS
“Treasure At Tampines on former Tampines Court site opens for preview on Friday”
ST 14 March 2019: Treasure at Tampines, the 2,203-unit condominium coming up on the site of the former Tampines Court HUDC estate, will be open for a preview this Friday (March 15), with actual sales slated to start later this month at an average price of approximately $1,280 per square foot (psf) ….. Developer Sim Lian Group, which acquired the collective sale site for $970 million in 2017, said the condominium will be Singapore’s largest in terms of number of units. The site spans close to 650,000 sq ft, with 40 per cent currently built up ….. Located at Tampines Street 11, the 99-year leasehold development will offer one to five-bedroom units in sizes ranging from 463 sq ft to 1,722 sq ft …..The blocks are laid out in a north-south orientation, with a majority of units facing waterscapes, said Sim Lian. It will have 128 recreational and lifestyle amenities including 13 pools and a 24-hour indoor and outdoor gym facility ….. For the full article, pls visit https://www.straitstimes.com/business/property/mega-condo-launch-treasure-at-tampines-on-former-tampines-court-site-hits-market
“Mega condo Treasure at Tampines sells 272 units of 490 released at launch”
ST 25 March 2019: Singapore’s largest condominium Treasure at Tampines sold 272 units at an average $1,280 per sq ft, after the project launched over the weekend. Developer Sim Lian released 490 units for sale. The close to 650,000 sq ft development, situated on the former Tampines Court site, has 2,203 units in all …… Located in Tampines Street 11, the 99-year leasehold development offers one- to five-bedroom units in sizes ranging from 463 sq ft to 1,722 sq ft ….. For the full article, visit https://www.straitstimes.com/business/property/mega-condo-treasure-at-tampines-sells-272-units-of-490-released-at-launch
“Tampines Court sold enbloc for $970m”
ST 24 Aug 2017: Developer Sim Lian has snapped up sprawling Tampines Court for a cool $970 million as the collective sale market here continues to sizzle ….. It is the largest such deal for a former Housing and Urban Development Company property in a decade since Farrer Court changed hands for $1.34 billion in 2007. The 560-unit development, in Tampines Street 11, went on the market last month after two previous failed attempts at a collective sale ….. For the full article, pls visit https://www.straitstimes.com/business/property/tampines-court-sold-en-bloc-for-970m
LAUNCH VIDEO
BEFORE YOU LEAVE …..
You may also be interested in the following:
* 78 condos in Singapore with enbloc potential, 80% vote & due en bloc process
* Best locations to buy Property in Singapore? Here are 8 Prime Areas”
Mike Tan | CEA Regn R059706Z | 98280030