TREASURE AT TAMPINES CondoStaying in Tampines for the past 25 years has given me good insights in regards to how a development will usually perform in regards to its location and nearby amenities as a contributing factor. And so with the relatively low land rate at which the Group made the purchase, plus the massive site's unique location with little surrounding competition, we can see how it allows for the developers here to price their units rather ‘affordably' with solid profits all around.
In addition to being situated around Tampines South Flyover, which makes it very well connected to Pan Island Expressway (PIE), Treasure at treasure at tampines Tampines location is in close proximity to Tampines West (DT31) and walking distance of fewer than 5 minutes to Simei (EW3) MRT station.
The primary schools include; Poi Ching Primary, Junyuan Primary, Gongshang Primary, Chongzheng Primary, Yumin Primary, Tampines Primary, Tampines North Primary, East Spring Primary, East View Primary, British Council Pre-school, Angsana Primary, and St. Hilda's Primary.
Located at Tampines Street 11, the plot of land, at 702,164 square feet, is said to be able to yield 2,500 units with each unit an average 900 sqf, according to real estate company Huttons Asia, the appointed marketing consultant for the collective sale.
With more than 13 million square feet of current office and retail space, and another five million square feet in the pipeline, Tampines is well on track as one of the fastest growing regional centres in Singapore, where residents live, work and play.
One of their more significant achievements was when they earned a name for themselves in 2006, having become the first private developer in the country to embark on the HDB's Design, Build & Sell Scheme (DBSS), and developed The Premiere at Tampines - which also debuted Sim Lian's entry into the housing development industry.
If you look around Treasure at Tampines, you will realize that it has almost every condo facility that you can ever think of- from play spaces for the young ones to dining pavilions and relaxation corners for the adults; plenty of swimming pools, outdoor jacuzzis, spa pools, tennis court, areas for urban farming, and gardens.
Some prospects may feel that Treasure at Tampines is still pretty far away from the nearest MRT station, but if you look at it this way - the eastern part of the East-West MRT line mainly comprises of train stations that are situated above ground (from Kallang to Pasir Ris).
For landlords, you should not discredit this property because of its leasehold status as its location is well poised to bring about an excellent tenant pool and strategic location as it is not within the highly competitive condominium cluster located along Tampines Avenue 1.
Not many condominiums can boast such a huge number of facilities, where the next condominium with a similar quantity is The Florence Residences, in Hougang Avenue 2. The sheer number of facilities leads us to our next point which no doubt impresses me further.