Treasures at Tampines has been raving on the news recently, and is known as the mega launch in 2019. We recently brought our buyers to the project, and we feel that it has very high potential because it has a very good growth story behind it.
The developer for this project is well known for its track record, especially for Tampines projects like the Trillion at Tampines.
Treasures at Tampines is located right on Tampines Street 11 and is formerly known as Tampines Court, which is beside the famous Tampines round market, where it’s known for the wet market and the hawkers in that vicinity. It sits on 640,000 square feet of land and features 29 residential units of 12 storey blocks and comes with efficient, spacious layouts, ranging from one to five bedrooms. (463 square feet to 101,722 square feet)
This condo has 128 facilities, 13 pools, 24 water facilities, 20 fitness facilities and even 10 party facilities. It even has a 24-hour gym. There are a total of 1754 carpark lots from the basement car parks. There is also another 24 open air car parks and 11 handicap lots.
This project is strategically located in mature estate in Tampines with more than 68,000 HDB flats and more than 230,000 residents who are looking to housing upgrade. It is in very close proximity to industrial areas, like Changi Business Park, Tampines Business Hub, and even Changi International Airport. This means that you can look forward to a healthy and stable rental yield.
You’ve also got direct access to the PIE via a slip road but another new slip road is going to open up which takes you directly to Changi Airport or into the city area in just a matter of minutes.
In terms of amenities, you’re just walking distance to the Tampines Round Market and food centre. There is also One Tampines Mall and Century Square at Tampines Central. The Courts Mega Store, Giant hypermart and IKEA Tampines are just nearby. For all your shopping and lifestyle needs, you’re spoilt for choices living in Tampines.
The project will take approximately two to three years to build up. Due to SSD regulations, you’re likely to sell within the three to six-year mark.
Resale transactions at block 519, central eight, which is a DBSS, transacted between 820,000 to approximately 888,000. So once this family start this day in these BTO flats, in approximately five to seven years, once they’re past the MRP period, you’re going to start to look to sell for an upgrade in the vicinity.
Treasures at Tampines will be one of the choices, which is pretty scarce, because there isn’t many private condominiums in Tampines alone.
In terms of good schools, we’ve St Hilda Secondary which is 2KM away and Chung Cheng Primary. SUTD and United World College are located nearby for international students. So this could probably attract a lot of expats, who are looking into the private market for residential because they cannot buy HDB.
Location and Convenience
In just 7 to 10 minutes’ walk, there’s Downtown Line. There’re Tampines West, Tampines East and Tampines Interchange. Downtown Line.
Site Plan and Pricing
For Treasures at Tampiens, we can observe that they are three rows, which come with internal and an external view. From the top row, this is facing the PIE with an unblocked view – they are largely poor facing.
To avoid these, we’ll compare against stack and against layout for configuration towards what you really need. We’ll also do an analysis based on your needs, to your family planning what your portfolio is looking like. We’ll do a comparative analysis across other new launches, and even resales in the facility to see whether this is the right fit for you.
And when we head down to the show flat, we’ll be able to recommend certain units based on the price point and the potential margin.
If you’re keen to find out more, let’s have a coffee chat soon!