Project Details
Project Details | Treasure At Tampines |
Location | Tampines Street 11 |
District | 18 |
Developer | Sim Lian (Treasure) Pte. Ltd. |
Developer’s Reg No. | 201715971Z |
Site Area | Approx. 60,283.84 sqm / 648,889 sqft (Sprawling Land Area Approx 6ha (11 Football Field) |
Building Coverage | Approx 40% |
Description | 29 blocks of 12-storey Condominium Development comprising of Basement Carpark, Communal Facilities and Swimming Pool |
Project Account No. | OCBC Limited For Project A/c No. 712-656602-001 for Sim Lian (Treasure) Pte. Ltd. |
Architect | Design Link Architects Pte Ltd |
M & E Engineer | Kunda Consulting Engineers |
Structural Engineer | OCC Consultants Pte Ltd |
Landscape Architect | Design Link Architects Pte Ltd |
Eletrical Engineer | CDA Consultancy Pte Ltd |
Main Contractor | S&L City Builders Pte Ltd |
Solicitor | Allen & Glenhill LLP, Dentons Rodyk & Davidson LLP |
Payment Scheme | Normal Progressive Sheme |
Mukim Lot No. | Lot 04196A MK28 at Tampines St 11 |
Site Use | Full Residential Flat Development |
Tenure | Leasehold 99-years from 29 November 2018 |
Total No. of Units | 2203 Units |
No. of Car Park Lots | 1754 Basement car park lots, 24 Open-to-sky surface car park lots and 11 Handicap Lots |
Expected Date of TOP | 31 December 2023 |
Expected Date of Legal Completion | 31 December 2026 |
Security | 24 Hours Security Guard |
(Project details for Treasure At Tampines may be subjected to change without prior notice)
TREASURE AT TAMPINES CONDO – NEW LAUNCH BY SIM LIAN GROUP
Sim Lian Group, a reputable property development, and construction company in Singapore is launching “Treasure at Tampines” that will see construction of 2203 units of private residential property. Formerly Tampines Court, this site was acquired at S$970 million, making it the second biggest deal after the sale of Farrer Court that attracted S$1.3388 billion in 2007.
According to Terence Lian who is in charge of investment sales in a company that brokered the sale, the S$970 million price that surpassed the initial Treasure at Tampines price (reserve) worth S$952 million translates to a land rate of S$676 psf per plot ratio. The deal includes a 99 years lease top up and $359 million differential premium for site intensification.
Treasure at Tampines boasts an extremely huge site sprawling 702,164-sq-ft space that currently houses Tampines Court which has 560 units across its 14 blocks wide apart of each other. Each of the owners is to be awarded between S$1.71 million and S$1.75 from the sale.
With the developments surrounding Treasure at Tampines such as Tampines Central New Town and Chang Airport expansion plan, the demand on the condos in Tampines area is expected to be high. The upcoming MRT stations, Tampines West and Tampines East MRT on Downtown Line (DTL) are also other developments that will add even more convenience and connectivity to Tampines neighbourhood. In other words, Treasure At Tampines is a new condo launch that is surrounded by 4 MRT Lines.
Despite being one of the oldest regional centres in Singapore, Tampines is still a popular location for property investors and there are many reasons why.
Tampines functions as an important commercial hub and has been likened to the CBD of the east. It is also closely connected to industries and manufacturing. Tampines Wafer Fab Park, Changi Business Park and Loyang Industrial Park are just nearby. Changi Airport and Changi Business Park are just a 10-minute drive away. At Tampines Central, banks like OCBC, DBS, UOB, Citibank, Standard Chartered and financial institutions like AIA and NTUC Income have presence near to shopping malls and the MRT station. This shows how important Tampines location is to these financial institutions.
TOP 5 REASONS WHY TREASURE AT TAMPINES CONDO COULD BE THE BEST PLACE TO RESIDE.
Thinking of getting your first property, but don’t know which neighbourhood to pick? We vote for Tampines, which has virtually everything you could want, or ask for, in a neighbourhood. Here’s why!
1. Treasure at Tampines Enjoys Good Connectivity Yet Secluded From the Noise
Do you know that Treasure At Tampines is the only new condo launch in Tampines region for the entire 2019? Yes, It is.
Treasure at Tampines location is approx 10 minutes walk to Simei MRT via overhead bridge located in Tampines Neighbourhood Park next to the condo. There will also be a shuttle bus provided to Tampines MRT. For those who drive, it will take approx 15 – 20 minutes to reach CBD via well connected to major roads, Pan Island Expressway (PIE) and Tampines Expressway (TPE).
Plans are underway by the government to expand Tampines Central in an effort to decentralise the Raffles CBD. Catering to the increasing population in Tampines, there are 2 more MRT lines (Downtown Line), Tampines West and Tampines East that have been added on to ease the crowd on Tampines East West Line. In addition, Tampines Central has been a designated MRT Station Interchange, making commuting to other parts of the city a breeze. In short, Treasure At Tampines is conveniently located at Regional Centre of the East surrounded by 4 MRT Lines. Perfect place for first time home buyers and HDB Upgraders.
There is also a 1km cycling track along Tampines Street 11 that residents can take to the Tampines Round Market, neighbourhood shops as well as the Changkat butterfly garden located next to Treasure at Tampines condo.
Treasure at Tampines is the only new condo launch in Tampines for the entire 2019.
2. Plenty of Shopping, Entertainment & Learning Centre surrounding Treasure at Tampines
Tampines is one of the largest densely populated residential neighbourhood in Singapore and enjoys more commercial facilities compared to other residential areas.
Treasure at Tampines condo is a 2-minutes stroll away from Tampines Round Market & Food Centre where you can easily shop for daily groceries from wet market and fulfil all those food cravings from many yummy hawker stalls. There are several food centres that open during the day but become quiet at night. However, this particular famous Hai Chang Fish Head steamboat have a loyal following that make this Food Centre comes alive after 5pm. The stall is famous for its steamboat and Cze Char dishes like sambal kangkong, braised pork leg and sweet and sour pork.
For some serious shopping and sight-seeing, you can go to either East Point Mall or Tampines Central. East Point Mall which is approx 12-minutes walk from Treasure at Tampines location via Simei MRT.
Tampines Central New Town
You will be able to get most of your supplies, big or small at Tampines Central where 3 big shopping malls are around, namely Tampines mall, Tampines 1 and Century Square located a few distance from Treasure at Tampines. With high-street fashion and international brands such as Topshop, H&M and Uniqlo so readily available at your doorstep, you won’t even need to head into town!
The latest addition to the block is Tampines Hub where you could also satisfy reading needs, movie craving and active sporting lifestyle such as tennis and hockey. On lazy days, you could spend the whole day on the massive five-story Tampines Regional Library. Opened in August 2017, this library at Tampines Hub is filled with countless spaces catering to different age groups and interests. It offers more than 400,000 books available which is laid out along two sides of the football pitch at Our Tampines Hub.
Tampines is also home to Tampines Retail Park where IKEA, COURTS and GIANT are also a few minutes’ drive away from the Treasure at Tampines. You can stock up on furniture, appliances and everyday necessities.
Being one of the most populated area, Tampines has many learning centres ranging from children care centres, kindergartens, primary and secondary schools to cater to the growing population of young families with children. An International school, Singapore University of Technology and Design (SUTD) and Temasek polytechnic are amongst the educational centres that are close to Treasure at Tampines allowing residents who are upgrading their skills and education levels a short commuting time to home.
Health care institutions, medical centres and several private clinics are also easily accessible. In fact, St Andrews community hospital and Changi General Hospital are only short distance away from Treasure at Tampines.
3. Abundance of condo facilities for entertainment and sports
With a whopping 128 condo facilities, your weekends will never be boring again. There is always something to do for everyone at all ages. Besides the well-equipped gym, function rooms, BBQ pits, Treasure At Tampines has unique facilities such as Kids Sliding Pool, Trampoline Courtyard, Sprint Track, Co-working space, Dance studio, etc. And to satisfy everyone’s favourite of swimming activities, Treasure at Tampines has 10 pools sprawled around the condo.
4. Treasure at Tampines is less than 10 min away from Changi Airport
It will be a breeze for residents staying in Treasure At Tampines to travel out of Singapore via Changi airport as it takes approximately 8 minutes to reach. Residents can also enjoy shopping and sightseeing in the upcoming “Jewel” project. Directly connected to T1, Jewel will be linked to the other two terminals via air-conditioned bridges with travelators.
The short distance from Treasure At Tampines to Changi airport provides advantage of commuting for professionals working in the airport area. This convenience will certainly become one of major consideration for these professionals (eg. air stewards, engineers, airport staff, etc) who would like to lease a residential unit in Treasure At Tampines condo.
The long-awaited mega project that costs $1.7 billion to build, Jewel at Changi Airport is the game changer for people living in the East area. It is a very important project for Singapore to stay ahead in the race for premier air hub status. Opening soon in 2019, Jewel is a commercial development with five basement floors that will house about 300 shops and F&B outlets. Highlights include a 40m indoor waterfall and a five-storey garden with approximately 2,500 trees and 100,000 shrubs from countries including Brazil, Australia, Thailand and the US. A key vision for Jewel is to be a world-class lifestyle destination that will be a game changer for Changi Airport amid intensifying competition on the global airport landscape.” It will definitely please anyone, be it local or foreigner who visit the place whether it is just for browsing, sightseeing, shop around or on transit to connect to other countries. Travellers that are on few hours transit will be delighted with this option to enjoy such a beautifully designed interior coupled with cool indoor temperature. It will certainly be a distinctive experience hard to be forgotten.
5. Treasure at Tampines is convenient for professionals working at Changi Business Park
Owners of Treasure at Tampines could also be looking at renting out their units to working professionals that work at Changi Business Park or Changi Airport as they are less than 10 minutes driving away. Many MNC in research and technology industry such as IBM, Nestle, ASUS, Hitachi and financial institutions like DBS, Citibank, Standard Chartered have office presence there. Back-room operations and research activities are being carried out by white-collar staff that are reasonably well remunerated. Being close to Changi Business Park and Changi Airport, residents or tenants of Treasure at Tampines could enjoy short commuting time to work place every day.
Under URA Master Plan 2014, there will expansion of Changi Business Park and development of new industrial sites at Tampines North which may increase demand for rental in the condo nearby.
6. Super Low Maintenance Fee
Apart from the low entry price from $11xx psf, Treasure At Tampines also has a very low maintenance fee eg. 1 Bedroom estimated maintenance fee is only $150 – $165 per month including 1 car park lot (even an HDB parking costs $90/month!) and you still get to enjoy the mega 128 facilities that this Tampines condo offers.
7. Beautiful Parks and Reservoir near to Treasure At Tampines condo
If you have ever dreamed of watching colorful butterflies flying everywhere in a garden and land on your hand, you don’t have to go down to Garden By the Bay. Just stroll down to Changkat Butterfly Garden next to Treasure at Tampines condo where a 267 sqm butterfly habitat is maintained by Tampines Changkat Town Council and the Tampines Changkat Butterfly Interest group. This is the only butterfly garden in the middle of HDB residential estate. This community garden is opened free of charge to everyone, and visitors can see about 50 butterflies of seven different species during the day. It also has raised observation deck where visitors can view the butterflies up close, as well as waterfall features. Who would have thought that you could have a butterfly garden so close to your future home at Treasure at Tampines providing a sanctuary to get so close to the nature. There is also a community plaza built for activities such as yoga and qigong. Treasure at Tampines location certainly provides an excellent and unforgettable resting point to rejuvenate the souls.
And if you are a fan of bird watching and photography, head down to Tampines Quarry Park for a quiet get away, 10 minutes drive from Treasure at Tampines location at Tampines St 11.
On weekend, head down for a morning walk or jog at Bedok Reservoir that presents the soul with tranquil views and fresh air. A converted sand quarry, the park surrounds 88 hectare of Bedok reservoir, making it is popular with water sports enthusiasts. Kayaking, dragon boating, wakeboarding or Adventures Rope Climbing are popular activities done by many sportsman/woman. It is also approx. 10 minutes drive away from Treasure at Tampines location at Tampines St 11
Nearly half of all the 80, 000 households in Tampines comprise of families with 3-4 members. In short, Treasure at Tampines condo has a lot to offer for family and is perfect for first time home buyers.
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