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Developer's Treasure at Tampines

TREASURE AT TAMPINES

 
 

Treasure at Tampinesis a new and upcoming condo standing at the former HUDC (Housing and Urban Development Company) Estate, Tampines Court, along Tampines Street 11, is located in the Eastern Region of Singapore. It is walking distance to Simei MRT Station, serving the East-West Line. The collective sales of Treasure at Tampines, is the largest en-bloc sales in the last decade, since Farrer Court, which adds on to the positive market sentiment, where developers were starting to position themselves for a recovery in the market, The transacted price of S$970 million, works out to a land rate S$676 psf ppr, and each owners stand to receive between S$1.71 million to S1.75 million in conclusion to the deal.


Build in 1980s, the Treasure at Tampines land has a balance least of 69 years. Sim Lian has to make two payments to the state - one for enhancing the intensity of the site to a gross plot ratio of 2.8, representing the maximum gross floor area to land area ratio, and another to top up the lease to 99 years, from the leftover tenure of 69 years.


** 24th July 2018 REGISTER HERE for 1st hand information pertaining to Treasure at Tampines
** 24th August 2017 Tampines Court, a privatised HUDC was sold for S$970 million, with addition of S$359 million in extra Government charges for intensifying the piece of land, this translates to a land rate of S$ per square foot per plot ratio

Attractive Pricing at Treasure at Tampines
- 1 Bedroom from
- 2 Bedroom from
- 3 Bedroom from
- 4 Bedroom from 
- 5 Bedroom from

Treasure at Tampines has a site area of 702,162 square feet of land and will house 2,255 residential apartments. Treasure at Tampines New Condo will be constructed with full facilities, modern fittings, elegant furnishings, and dashing interior and exterior decors. Unit distribution ranges from 1 bedroom to large 5 bedrooms, with exceptional features. The units will have very roomy layouts which will create a perfect ambience many years for the residents. Single professionals and families will like this development as has classy interiors which wil be blend well with good features and present a smart-vibre living. The living room shall receive strong walls and high ceilings. As for the bedrooms, extra attention shall become placed on natural illumination, bathrooms, closets, drawers, and their entire ambiance. Each room exhibit a relaxing atmosphere and privacy to ensure that its occupants have the most-deserved dwelling place for themselves. 

Contact Us Now for Treasure at Tampines Preview!

View Available Layouts HERE
or Talk to us at +65 90070868

An Overview on Why buy Treasure at Tampines New Condo 2019
- Developed by well established developer- Sim Lian Group
- Huge landscape of more than 700,000 square feet with full condo facilities
- Good connectivity to Tampines Regional and Paya Lebar Regional Centre

View Unit Prices and Available Units HERE

Treasure at Tampines- Comprehensive floor plans and Spacious layouts
Treasure at Tampines floor plans are expected to be comprehensive and space efficient. Unit mixes is wide ranging from the more compact and popular 1 Bedroom and 2 Bedrooms for single professionals and young families start-ups and investors. There are also larger units for the home stayers from 3 Bedrooms, 4 bedrooms and 5 Bedrooms and Penthouses. Judging from Sim Lian previous projects, their spaces are planned functionally where balconies are rightly sized, wardrobes and kitchen cabinets are nicely built onto the wall, to maximise usable area and lessen wastage on space.

 

At the kitchen, developers plan on equipping and mounting beautiful, durable cabinets on the wall as well as spice shelves. Attractive countertops will be fitted along and around the sink while the developers provide more segments below the surface. Additionally, branded and up-to-date appliances will blend well to ensure the convenience of the family members. On top of that, you will have an island to make and share meals with family. The homes are the ideal home for the 21st century lifestyle.

 

Treasure at Tampines New Condo will have several features such as swimming pools, tennis courts, BBQ area, gymnasium, elevated deck, clubhouses, function room, and a guardhouse. Treasure at Tampines’s landscapes are dazzling due to the presence of footpaths created alongside greenery gardens. They complement the condo’s exterior decor and amplify the environment within. On completion, Treasure at Tampines will have well-maintained plantations and decorates to set the building apart from the buildings around.

 

Residents will enjoy the location of Treausre of Tampines and this includes the convenience for transportation walking distance to Simei MRT Station serving the East-West Line (EWL)The Simei MRT Station will bring residents to City Hall and Changi Business Park, Expo and five stops to Changi Airport. The site of Treasure at Tampines is in a matured estate. It is one MRT stop to Tampines Regional Centre where the retail and commercials are taking shape, with new amenities and infrastructure being planned around it. It is only stations to Bedok MRT Station where residents are able to have more shopping choices at the Bedok Mall. 

 

Treasure at Tampines- Education
Treasure at Tampines is near to Poi Ching Primary School, Junyuan Primary School, Gongshang Primary School, Chongzheng Primary School, Yumin Primary School, Tampines Primary School, Tampines North Primary School, East Spring Primary School, East View Primary School, British Council Pre-school, Angsana Primary School and St. Hilda’s Primary School.

The secondary schools include St. Hilda’s Secondary School, Tampines Secondary School, Tampines Secondary School, Pasir Ris Secondary School, Ngee Ann Secondary School, Junyuan Secondary School, Dunman Secondary School, East View Secondary School and East Spring Secondary School.

The tertiary institutions include Tampines Polytechnic, Tampines Junior College, Singapore University of Technology and Design, and ITE College East. UWCSEA Tampines campus is also nearby.


Treasure at Tampines New Condo- Developer
Sim Lian Development Group has been in the construction industry for over 40 years across Singapore with an outstanding track record which has made them reputable. The company is a well-known property development and construction firm involved in building residential, retail, industrial, commercial and mixed-use developments that are well planned with quality workmanship. It is managed by a team of experts with a wealth of experience of more than 15 decades of operation in the industry. This strength has helped them succeed in many projects and grow stronger.

Sim Lian has been featured in the top 100 companies in Singapore in 5 consecutive year’s s from 2009 to 2013 by brand Finance. The company was also recognized to be one of the top 10 developers in Singapore twice; 2015 and 2016, by BCI Asia. It was also listed on the SGX Mainboard of Singapore exchange for a period of 16 years (2000-2016). It has been evolving in such a competitive industry with the prevailing market conditions with commitment to create better living and working spaces. Their main goal is to provide smart investments to businesses, individuals, and families.

Since its humble beginning, the company has continued to nurture a culture of excellence using its experience in business. Their resilience and determination has played a big role in the growth of the company; it has also placed the group at a better position of understanding the aspirations of investors, individuals, families, businesses and the communities they offer service.

Notable Achievements of Sim Lian

From their past projects, you can clearly tell where the company has earned its reputations from. The constructions of the units is unmatched and you can expect nothing other than value to your investment in the treasure at Tampines.

Here are some of their completed projects:

  • Hillion Residences
  • Vision Exchange
  • Wandervale
  • Treasure Crest
  • The Lincoln Residences
  • The Tampines Trilliant

From their past projects, you can clearly tell where the company has earned its reputations from. The constructions of the units is unmatched and you can expect nothing other than value to your investment in the Treasure at Tampines.


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First Hand Information

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Project  Treasure at Tampines
Developer  Sim Lian Group Limited
Location  Tampines Street 11
District  18
Tenure  99 years leasehold
Site Area  65,306.94 square metres /702,964 square feet
GFA:
Plot Ratio  2.8
Expected TOP Date:
Total Units  Approximately more than 2,000 residential apartments
Total Carpark
Development  Condo comprising of communal facilities
Unit Type:
Architect
Eligibility SC/ SC, SC/SPR and Foreigner can buy
 
Treasure at Tampines Condo Unit Mix Distribution
Unit TypeTypeArea (Square Feet)Total No. of Units
1 Bedroom TBA TBA TBA
2 Bedroom TBA TBA TBA
3 Bedroom TBA TBA TBA
4 Bedroom TBA TBA TBA
5 Bedroom TBA TBA TBA
Penthouse TBA TBA TBA
Treasure at Tampines Condo Facilities
TBA
  • TBA
  • TBA
Treasure at Tampines Condo Price List
Unit TypeArea (Square Feet)PricingPSF
1 Bedroom TBA TBA S$2000
2 Bedroom TBA TBA S$2000
3 Bedroom TBA TBA S$1900
4 Bedroom TBA TBA S$1850
5 Bedroom TBA TBA S$1800
Penthouse TBA TBA TBA

LOCATION MAP and AMENITIES- TREASURE AT TAMPINES

Treasure at Tampines is bounded by Tampines Street 11 and Simei Avenue. It is about 600 metres walk to Simei MRT Station on the East-West Line (EWL). Near to Simer MRT Station is Eastpoint Mall. Treasure at Tampines is closeby to Changi Changi General Hospital and St Andrew Community Hospital. Residents can get the convenice of the Tampines Round Market and Food Centre which is only a few blocks away.

 

WHY BUY TREASURE AT TAMPINES NOW?

After enduring four years of decline, the property developers finally have some good news. The URA reported an increase of 5.4 percent in the private residential property. This is now attracting property dealers from all over the world. As you all may know, Singapore is an island and land will always remain a scarce commodity that’s why the prices of these properties are bound to increase in the long term.

In Singapore residential market, the price gap between HDB versus the private residential market is widening. Base on DBS, it states that Bull Case would see Annual Private Home demand of 17,250 units.

Base on our analysis, our projection for new home demand will come from
1) Household formation
2) Upgrader demand and 
3) Foreigner purchases for investment.

The current en-bloc craze has seen developers investing close to S$34 Billion into Singapore property market (S$26 Billion in en-bloc transactions and S$8 Billion into Government Land Sales (GLS) programmes. With a total of 6,500 households displaced, the near term demand over the next two years could rise above the historical norm.

Projected base Population Growth of 6.5 million by 2030 is expected to have a positive impact on Private Home Property Market as demand is projected to remain above historical average of 12,000 units per year.

Register HERE for a presentation to understand why the property market is heading towards an unstoppable uptrend.


Since Treasure at Tampines new launch condo is currently under construction, it offers a great option for buyers who are still saving the money for the initial down payment. By facilitating buyers with a progressive payment schedule, installments can be made every few months. These small installments represent a much more accommodating and manageable mortgage. If you buy an investment property, you can easily find a tenant that will help you pay down the loan and mortgage. You will be buying the property at the best price if you get it directly from the developer.

After the purchase, you can resell the property at a higher price. This is great for young people who are looking to settle down in a good place. The great thing about Treasure at Tampines new launch condominium is that there is no asset depreciation. So, if you sell the condo just before its completion, you have a chance of acquiring a higher profit.

Buying a Treasure at Tampines condo will prevent you from paying buyer’s commission because that will be paid by the developer. After each successful sale, the developer pays the agency which further pays the agents involved. The location of your condo will play a huge role in determining its value in the long run. You can also choose the unit you desire since Treasure at Tampines is newly launch, but you will have to act fast because condominiums sell out pretty fast.

This is ideal for buyers who are very choosy and particular about what kind of home they want. You will have the opportunity of securing units with better views which will eventually become very valuable on the open market. All you have to do is sign up and pre-register for the preview by contacting the developer’s marketing team members. To attract a lot of customers, property developers often offers many discounts and stamp duty reimbursements during the VIP and VVIP preview. All you have to do is choose your desired units, submit them with your cheque and leave the rest to the developer’s agent.

The developer’s marketing team will enlighten you regarding the all the particular details of Treasure at Tampines such as the pricing, floor plan, etc. during this preview. The value of these condominiums automatically increases the moment the developer removes the early bird discounts. These discounts will be saving you a lot of trouble of negotiating with the seller as well.

Anyone who has invested so much in property would want to be relieved from any further tensions and look forward to enjoying their latest purchase. You will receive Treasure at Tampines in brand new condition and can renovate it according to your taste and needs. Not that you’ll need any renovation because everything will be brand new and you will not have to deal with additional maintenance work.

But in case you face any issues in the condo, you won’t have to spend extra money to get it fixed because the developer offers you a one-year warranty on fixtures and fittings. The plus point about Treasure at Tampines is that you add your personal touch to it as everything will be according to your choice, and you will not have to deal with the previous owner’s choices. Treasure at Tampines also offer much better facilities than any other resale property.

Investing in a Treasure at Tampines newly launched condo does mean that you will have to wait to enjoy the luxury, but one thing that will help you get through it is that the wait and money are going to be worth every second and penny.

FACILITIES AND SITE PLAN E-BROCHURE- TREASURE AT TAMPINES

The Facilities and Site plan of Treasure at Tampines along Tampines Street 11 are currently seeking approval from relevant authorities.

If you would like to be updated on first hand information for new condo in Treasure at Tampines, Please
Register HERE
for More information!

View Floor Plans HERE

 

The Treasure at Tampines has a big site of 702,162 square feet and the units can be mostly North-South Facings. It is bounded by Tampines Street 11, Simei Avenue and PIE (Pan Island Expressway). With its huge land size, Treasure at Tampines will have a wide range of facilities.

RESIDENTIAL FLOOR PLANS E-BROCHURE- TREASURE AT TAMPINES

Please Register with Us 

for your E-Brochure, Floor Plans and Pricing Here when available!!

View Price and Available Units HERE

 

  • Make sure you check the measurement of each room which will give you the idea of the size of the room and how much of your furniture can fit into it. Always check which way the door will be swinging and the space that will be left empty after the door is opened or closed. Check if the windows embedded in the condo are as per your necessities. Sliding windows are demonstrated by thin empty line by the dividers, while casement windows, as a rule, come in sets.
  • Do check whether room size matches your required area so that you do not have to face difficulty when fitting the furniture in the room. Make sure the total numbers of rooms mentioned in the floor plan are according to your family needs. Check the dimensions allotted to the kitchen. Make sure that every room has a separate entryway so that there is no hindrance to privacy.
  • Check the measurements of the corridors as most people consider long passageways are generally viewed as a waste of space. Always check for natural lighting. This is a very important step for the ventilation and the aura of your home. Ensure you get enough morning and evening day light and the accessibility of sun shades. Ensure that there is appropriate cross ventilation in the house Condominiums usually do have room for the family maids. Make sure that there is one if you require it.
  • Ensure that the cupboards are built-in in the condominium so that you do not have to spend extra money on installing new ones. Check which walls are structural and nonstructural for safe removal in the future. Structural walls are represented in the floor plan by thick bold lines while non-structural walls are indicated by thin lines. Check if storage room and pantry space fulfill your requirements. Also note that whether the washrooms are connected or common, according to your requirements.

AVAILABLE BALANCE UNITS/ SOLD/ CHEAPEST PRICES PSF STARBUY- TREASURE AT TAMPINES

View Facilities and Site Plans HERE

 

Like any other new launches, the prices of Treasure at Tampines will only be announced on the sales day. Indicating pricing will be announced earlier. 

Treasure at Tampines is the new launch of former privatised HUDC estate Tampines Court and was sold to Sim Lian, for $970 million, as collective sales. The sale price of $970 million works out to a land cost of about $676 psf per plot ratio on the potential gross floor area, inclusive of a differential premium $359 million, payable to the state to top up the lease to a fresh 99 years, and for redevelopment of the site to a gross plot ratio of 2.8.

Cost of Land

The biggest item which determines the new condo price on the launch date is the price at which the land was acquired for the development. This cost of land is spread out across the size of the development so that the cost per square foot (psf) is established. This means that a piece of land with fewer condos may have a higher land psf than another similarly sized piece of land with more condos built on it.

Construction Costs

The cost of constructing the condos also influences the price at which those condos will be sold on the launch date. Construction companies have become so efficient that their construction costs for each square foot of a building don’t vary so much.

Developer Expenses and Profit

The cost of land and the cost of building the condominium will give you the base cost of the project. A fraction (30%) of that base cost will be added in order to cover the additional expenses (conveyance fees and financing costs, for example) incurred during the land development. That fraction of the base cost also covers the profit margin of the developer. The total of the base cost and the extra 30% in order to arrive at an estimate of the likely new condo price on the launch date.


Developers are in the business of building houses for people, they want to make a good product that is of value to the consumers, and they need to generate healthy profits levels for their shareholders. With the most expensive items as land and construction costs, add on the administrative, sales and marketing expense, finance cost, profit margin we will arrive at the selling price.

Marketing expense for the project is around $200 psf. Construction costs including architecture design, is about $350 psf for a mass market condominum.

  • Administrative expenses: Staff costs, office rents etc..
  • Sales and marketing expenses: Showflat building costs, commission for real estate agencies, advertising for the development, lawyer fees for conveyancing etc..
  • Finance costs: interest expense paid to the finance institutions for financing the development.

30% of the base cost that cover the construction and other expences will be the profits. Add them all up and you will get the estimate launch price.

Land Cost: $676 psf ppr
Construction Cost: $350 psf
Marketing expense: $200 psf
Profit margin: 20%
Estimated launch price: $1531 psf

TAMPINES OVERVIEW

Tampines Master Plan 2

Tampines Master Plan

One of the most visited retail and leisure destinations in Singapore, Tampines is home to large part of the popluation in the East. In the coming years, Tampines is poised to grow further with new housing, shopping facilities, more parkland and other amenities at Tampines North. Transport within Tampines will be augmented, including new rail lines like the Downtown Line that will offer residents shorter, more comfortable and convenient commutes. 

Treasure at Tampines at Former site of Tampines Court- Housing- Better living through a better environment

The new Tampines Town Hub will be Singapore's first integrated lifestyle hub in the heartlands, bringing retail, sporting and other community services together in one convenient space where residents can gather, interact and bond. 

Tampines is set to become an integral part of Tampines. When fully developed, Tampines will provide about 21,000 new homes for Singaporeans. Transport and other facilities will accompany the building of Tampines North to ensure a highly liveable and well-connected living environment for residents. 

Further developments that residents can look forward to include:

  • Expansion of Changi Hospital
  • A new Integrated Transport Hub (ITH) with MRT and bus interchanges co-located with residential and commercial uses after the completion of the DownTown Line (DTL) at Tampines Town Centre.
  • New amenities to complement new homes in Tampines North
  • In the longer term, Tampines North will also have two primary schools and two secondary schools and a new community centre. 

Treasure at Tampines at Former site of Tampines Court- Leisure- Green and blue spaces come alive

Parks and waterbodies are within easy reach of residents in Tampines including Sun Plaza Park, Tampines Eco Green and many neighbourhood parks. Residents also have convenient access to the nearby Bedok Reservoir. Park connectors running along Bedok Canal and along Sungei Tampines connect to the Eastern Coastal Loop, linking Tampines to East Coast Park and Pasir Ris Park. In the coming years, a number of initiatives will be implemented to ensure that most homes in Tampines will be within 400 metres of parks or park connectors. These include:

  • Setting aside substantial park alnd in Tampines North for Boulevard Park and Quarry Park that will bring greenery to the door steps of residents
  • A new Park connector running between Tampines Avenue 10 and Tampines Avenue 9 to link up the Bedok Reservoir Park and Pasir Ris Park
  • New neighbourhood parks in Tampines Street 86 and off Tampines Avenue 9

Treasure at Tampines at Former site of Tampines Court- Transport- Getting you there and back

Along the ITH at Tampines Town Centre, residents can look forward to smoother travel with these enhancements to roads and public transport services, includung:

  • Enhanced Transport connectivity with 5 new MRT stations (Tampines West, Tampines Tampines East, Expo and Upper Changi) along the Downtown Line (DTL) which will be completed by 2017.
  • Expansion of the cycling network in Tampines Town and new cycling routes in Tampines North
  • Two new roads, Tampines Street 85 and Tampines Street 86
  • Improvements along Tampines Expressway and Pan Island Expressway
  • Extension of Tampines Street 82
  • Improvements in Simei Street 3 (From Simei Avenue to Simei Street 1), Tampines Avenue 4, Tampines Avenue 5, Tampines Avenue 7, Tampines Avenue 9, Tampines Avenue 10, Tampines Street 82, Bedok Reservoir Road and Tampines Street 23/32.
  • Realignment and wideing of Simei Road and Somapah Road

Treasure at Tampines at Former site of Tampines Court- Economy- Quality jobs closer to home

New Developments in Tampines will boost the number of jobs available, giving residents the opportunity to work closer to home.

What residents can expect

  • New Industrial sites  within Tampines North along Tampines Avenue 10 and next to IKEA, Giant and Courts
  • More employment and  and educational opportunities from the continued development of Changi Business Park and Singapore University of Design and Technology (SUTD).

SHOWFLAT LOCATION- TREASURE AT TAMPINES

If you wish to visit Treasure at Tampines Showflat viewing, all you need to do is to schedule an appointment with us before coming aroun so as not to waste your time and avoid making a fruitless journey because our showflat may not be opened to the public on particular days and time.

No Agent Fees! Get amazing benefits as well as Direct Developer Discount. For additional enquiry, please get in touch with us at our Sales Information Hotline +65 90070868 for further details on the details of Treasure at Tampines Condominium. 

Get in touch with Treasure at Tampines Developer Sales Support Team.

It is important to deal with only with our authorized Developer Sales Support Team, you will get the best obtainable Direct Developer Discount. Get the latest information about Treasure at Tampines units today!

Treasure at Tampines Showflat is located along ................

Tastefully designed to maximise the usability and efficiency of the size, the geographical location, proximity to eateries and top schools, seek to attract many potential home seekers and upgraders to make Treasure at Tampines their dream home.

Do register early to book your Treasure at Tampines Showflat viewing appointment with us to have a feel of the luxurious and fine finishing by the developer after several detail plannings.

4 Simple things to take note before visiting Treasure at Tampines Showflat Gallery

1) We advise to check and know how much CPF you are able to use to purchase Treasure at Tampines Condo

2) Contact our Sales Team for our recommended trusted panel of bankers for your loan assessment

3) Are you affected by the TDSR? You will need to know the bracket which you are in

4) For the actual launch date, you will need to understand on how the balloting system works


Register Early to keep yourself update on the latest information pertaining to Treasure at Tampines. Alternatively, you may contact our Developer Sales Personnel for a non-obligated discussion.

CONTACT US

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Thank you for Your interest in Treasure at Tampines

Be among the first to view and book Treasure at Tampines, a new life-style at the former site of Tampines Court, at the lowest pre-launch price

Enjoy attractive prices before the official public launch. Be the first to secure your choice unit

  • Latest updates on the development
  • Priority unit choice and selection
  • Enjoy early-bird VVIP Discounts
  • Direct Developer price
  • No Commission payable

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