The Tapestry

The Tapestry, comprising about 816 units will rise as a mega condo, located along Tampines Avenue 10, near Bedok Reservoir. It will be developed by CDL, a renown developer who is known to build quality homes. The Tapestry condo is expected to launch in 1Q2018.

the-tapestry-condo-home

The Tapestry Location

Tampines is a mature estate, highly sought after by many upgraders and investors and is a top pick among workers. Why is this so? The east is a major employment hub outside of the CBD, with more than 1 million sq m of existing commercial space. The main employment clusters include Tampines Regional Centre, Changi Airport and Changi Business Park. The strategic location holds high upside potential as Tampines continues to develop further as a Regional Centre, which furthers job creation in the vicinity. Upcoming commercial developments include: T-Space, Wafer Park, High Tech Park etc.

the tapestry condo location

The Tapestry is conveniently located near a plethora of shopping, F&B and entertainment options such as the following:

  1. Mega Retail Mart which includes Ikea, Courts and Giant Hypermarket (free parking available)
  2. Tampines Mall, Tampines One and Century Square (currently under renovation)
  3. Tampines Hub – Singapore’s first-ever integrated community and lifestyle hub that brings together multiple agencies to offer a comprehensive and diverse range of services, programmes and facilities.

The Tapestry will also be accessible from many academic institutions such as the following:

  1. Temasek Polytechnic
  2. Springfield Secondary School
  3. Junyuan Secondary School
  4. St Hilda’s Primary and Secondary School
  5. United World College

The Tapestry Specifications

Project Name: The Tapestry
Address: Tampines Ave 10
Developer: Bellevue Properties Pte. Ltd. (subsidiary of CDL)
District: 18
Tenure: 99 years leasehold
Total no of Units: est 861 units in 15-storey blocks
Site area:  233,676 sqft
TOP: 31 Oct 2021

Site Plan

Unique Features

  • Huge condo development with many facilities, including a childcare centre
  • Located in Tampines, a region which has been under-priced and holds huge pricing upside potential
  • Near numerous F&B, entertainment and shopping options, including Ikea, Giant and Tampines Hub
  • Less than 30 minutes drive to the Central Business District (CBD) and Orchard Shopping Belt
  • Connected by major expressways like Pan Island Expressway (PIE) and Tampines Expressway (TPE)
  • Developed by reputable developer – CDL

Floor Plans

The Tapestry Official Pricing

The Tapestry Condo URA bid

CDL has bidded for the land at S$565.42 per sq ft per plot ratio, which is 5.7 per cent above the second-highest bid from Kingsford Development. At this bid, the Tapestry is expected to launch at a price from S$1,150psf.

The latest statistics point to Tampines’ median prices languishing at a 37 per cent discount from the whole island’s. Furthermore, compared with Jurong, an upcoming regional centre, prices are 29 per cent lower. From an investment viewpoint, private properties in Tampines may enjoy more headroom for future capital appreciation.

Register now to receive first hand updates once the official pricing for the Tapestry has been released.

About the Developer

City Developments Limited (CDL) is listed developer in Singapore that has a global presence located in 26 countries. As a leading developer in Singapore, CDL has developed a wide variety of properties which include service residences, residential properties, offices hotels, integrated developments and shopping mall. CDL continues to be a premier developer for residential properties in Singapore and has one of the largest land banks till date. CDL’s track record for residential properties include Coco Palms, The BrownstoneForest Woods, and Gramercy Park.

Register Interest Now

The Tapestry is expected to launch in 1Q2018. REGISTER NOW to enjoy VVIP pricing direct from the Developer! No agent commission!

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Nearby Condominiums: Alps Residences, Qbay Residences, The Jovell

The Tapestry Review
  • Value for money
5

Summary

The Tapestry is the latest condo to be launched along Tampines Avenue 10 after QBay, Santorini and The Alps. Based on today’s market, the Tapestry is expected to offer great value for money given the expected quality of a CDL development, and the condo’s location.

 


Property News and Updates

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Powerhaus Real Estate
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Singapore property prices remain affordable compared to other cities with home price to income ratio of 4.6
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LATEST: Developers sold a total of 735 units of Private New Homes (Excluding ECs) for the month of April. This was a 0.3% year-on-year increase in the number of units sold as compared to 733 units in 2018.

The top 5 best-selling new launches for the month of April were The Tre Ver, Parc Botannia, Stirling Residences, Treasure At Tampines, Riverfront Residences. The Tre Ver emerged the top selling development, with a total of 81 units sold at a median price of $1,624 psf. Trailing closely was Parc Botannia, which sold a total of 61 units at a median price of $1,294 psf.

Here's the pictorial infographics for your reference.
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