Treasure at Tampines

Treasure at Tampines is a mega condominium development within 10-mins walk to Simei MRT station. Comprising over 2,200 units, it will become one of the biggest condominiums in Singapore, and will occupy a sprawling site equivalent to 49 Olympic-sized swimming pools. Treasure at Tampines will be redeveloped from the former Tampines Court (a HUDC estate), which was sold enbloc in Aug 2017.

Treasure at Tampines Location

Great Accessibility

Treasures at Tampines is easily accessible by the Pan Island Expresseway (PIE) and Tampines Expressway (TPE), which easily connects residents to other parts of Singapore by car.

Travelling by public transport is also a breeze with the MRT at Simei  Station (East West Line) and Tampines West (Dowtown Line) Station, which are both within walking distance. It only takes approximately 40mins for a train ride from Simei to the Central Business District.

Nearby Amenities

  • Eastpoint
    The nearest shopping mall is Eastpoint which houses popular shops such as Daiso and a 24-hour FairPrice supermarket. The rooftop water play area is also ideal place for parents to bring their energetic kids to have fun at. Catching your favourite movie at Golden Village over the weekend without having to dress up is also a perfect option.
  • Tampines Mall / Century Square / Tampines 1
    This trio of malls are the cornerstone of Tampines Central which fulfill all the neighbourhood shopping needs of the Tampines population. These malls offer similar shops as Eastpoint except for a few more upmarket shops such as Topshop, H&M and Sephora.
  • Tampines Hub
    You can find all sorts of sports and recreation options here such as a FIFA-endorsed professional football field, futsal courts, hockey courts, badminton courts, tennis courts, running track, swimming pools, children’s play pool, playgrounds, bouncy castles (they are free!), Laser Quest and a regional library. Tampines Hub regularly runs events and activities, and free movie screenings on a daily basis.
  • Changi General Hospital
    Changi General Hospital is only mins away. It would be very convenient for residents who require regular check ups at this hospital.

Nearby Schools

  • Within 1km
    Angsana Primary School
    Changkat Primary School
    Chongzheng Primary School
    Tampines Primary School
    Yumin Primary School
  • Within 2km
    East Spring Primary School
    Gongshang Primary School
    Poi Ching School
    Red Swastika School
    Saint Anthony’s Canossian Primary School
    Saint Hilda’s Primary School
    Tampines North Primary School
  • Tertiary Education
    Tampines Junior College (merging with Meridian Junior College
    Temasek Polytechnic
    ITE College East
    Singapore University of Technology and Design (SUTD)
    UWCSEA Tampines campus

Treasure at Tampines Specifications

Project Name: Treasure at Tampines
Address: 118 Tampines St 11 Singapore 520118
Developer: Sim Lian Group Limited
District: 18
Tenure: 99 years
No. of blocks 29 blocks of 12 storeys
Total no of Units: ~2203
Facilities 128 facilities
Car Park: 1754 basement + 24 surface + 11 handicap
Site area: 61,007sqm / 656,673sqft
Expected TOP: 31 Dec 2023
Expected Legal Completion: 31 Dec 2026
Architect Design Link

Site Plan

To be advised

Unique Features

  • Within walking distance to Simei MRT station
  • Huge land area – which means more common facilities for residents
  • Convenient access to daily necessities and easy access to large malls such as Tampines Mall, Tampines One, Century Square, Our Tampines Hub and East Point.
  • Wide range of F&B options nearby
  • Huge tenant pool due to proximity to business centres – e.g. Tampines Regional Centre and Changi Business Park
  • Excellent connections to the Pan Island Expressway (PIE)
  • Huge pool of future buyers (HDB upgraders in the vicinity)

Photo Gallery

TBA

Treasure at Tampines Floor Plans

Floor plans coming soon

Unit Mix

TBA

Treasure at Tampines Official Pricing

Treasure at Tampines will be built on the site of the former Tampines Court, which was sold en bloc for S$970m in Oct 2016 to Sim Lian, who plans to develop the 702,164 sq ft site to house over 2,000 units. This translates into S$676 per square foot per plot ratio inclusive of an estimated S$359 million that Sim Lian will have to pay to the state for differential premium and lease upgrading premium for topping up the site’s lease to 99 years from the current balance lease term of 69 years.

Based on an estimated construction costs, administrative expenses and profit margin at a total of S$600-700psf, the launch price (subject to confirmation by the developer) is estimated around S$1,2xx psf. This is only slightly higher than the expected price (~$1100psf) of Punggol ECs which will be launched in 2019!

Register now to obtain first hand updates on the pricing based on your choice units!

About the Developer

Sim Lian Group is recognised as an established property development and construction company with a broad portfolio of residential, commercial, industrial, retail and mixed-use developments, built on the foundations of prime location, quality workmanship and  efficient space planning.  The Group is ranked amongst the Top 100 Brands in Singapore for five consecutive years from 2009 to 2013 by independent brand strategy and valuation consultancy, Brand Finance.  Sim Lian Group is also recognised as a top ten developer in Singapore by BCI Asia in 2015 and 2016, and was listed on the Mainboard of the Singapore Exchange since the year 2,000. Projects which have been developed by Sim Lian include Treasure Crest, Wandervale, Hillion Residences, The Lincoln Residences and The Tampines Trilliant.

Register Interest Now

Treasure at Tampines is expected to open for viewing in Mar 2019.

REGISTER NOW for an appointment to view our showflat and enjoy VIP pricing direct from the Developer! No agent commission required!

Registration Form
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Massive Project!
  • Price
  • Location
  • Range of common facilities
4.7

Summary

Treasures at Tampines has about 1.5x the number of units of the last mega project (High Park Residences), which by itself was a huge development! You can expect that there will be a huge range of common facilities available, which is only possible for large scale condos. Based on the cost of enbloc acquisition of Tampines Court, Treasures at Tampines is expected to launch at a very affordable pricing in the range of 1,200-1,300psf.

 


Property News and Updates

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Powerhaus Real Estate
Powerhaus Real Estate
LATEST NEWS (30 Jan 2019): Outlook of SG property expected to improve in 2019.

Summary

1. Healthy demand and improving supply.

2. Supply to be healthy and not over supplies as can be seen in the reducing pipeline. Enbloc sales have since quietened off.

3. Fewer GLS, means unsold inventory going to get tighter.

4. Housing demand - In 2019, a tripling in the potential demand from HDB owners eligible to upgrade after fulfilling MOP.

5. $20b Enbloc payout to displaced home owners, most of the liquidity have yet to be deployed back into the property market.

6. SG GDP stable

7. Office rents may also see an increase or even a double digit growth for the 2nd year running due to tighter vacancies amid a tight supply outlook.

If you're planning your next purchase, don't miss the boat again! Contact us for more insights!
Powerhaus Real Estate
Powerhaus Real Estate
A few MRT stations for Cross Island Line have been announced today. 1 new launch project will immediately benefit from this development, and the developer has not raised prices yet. PM us for more details.

https://www.channelnewsasia.com/news/singapore/cross-island-line-mrt-stations-first-phase-ready-by-2029-11164656
Powerhaus Real Estate
Powerhaus Real Estate
"In 2019, we expect HDB upgraders to remain a key group of buyers driving private housing demand. The confluence of fewer interest rate hikes, stable private residential prices and the uncertain impact of the Voluntary Early Redevelopment Scheme (VERS) on HDB flats with expiring leases is likely to encourage more HDB flat owners to upgrade.

We should also expect a greater demand for smaller-sized private housing in 2019, from the rising number of singles among Singaporean citizens."

https://www.channelnewsasia.com/news/commentary/singapore-private-property-market-outlook-groups-buyers-11133410
Powerhaus Real Estate
Powerhaus Real Estate
LATEST NEWS:
Land prices are rising. Tampines EC site bidded at higher price than private condo site next door.

The highest bid came from Hoi Hup Realty and Sunway Developments. The two companies jointly submitted a bid of $434.45 million for the site, or $578 psf/per plot ratio (ppr)
It is also higher than the $565 psf ppr City Developments Ltd paid for the nearby private condominium site where The Tapestry is being developed.

If the EC next door will sell higher than The Tapestry at launch, wouldn't you have a very safe entry price for purchasing The Tapestry now? Contact us for more info.

https://www.edgeprop.sg/property-news/hoi-hup-and-sunway-submit-43445-mil-bid-ec-site-tampines-ave-10
Powerhaus Real Estate
Powerhaus Real Estate
LATEST: December 2018 Private Homes New Launch figures from URA 📊

Parc Esta is the best selling project for the month with 160 units sold at median price: $1,687.
Powerhaus Real Estate