New Condo: Treasure at Tampines is a Mega Development Between 3 MRT stations with Amenities Aplenty - PropertySGnew.com

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New Condo: Treasure at Tampines is a Mega Development Between 3 MRT stations with Amenities Aplenty

Treasure at Tampines, PropertySGnew.com

Sized at over 700,000 square feet, Treasure at Tampines is a sprawling estate located along Tampines Street 11 at the former site of Tampines Court, a privatised HUDC estate. When built, it will be one of the biggest condo developments in Singapore with a total of 2,203 units, placed into 29 blocks of 12 storeys each.

Treasure at Tampines, New Condo: Treasure at Tampines is a Mega Development Between 3 MRT stations with Amenities Aplenty, PropertySGnew.comArtist impression of Treasure at Tampines.

Its attraction goes beyond its size and number of units. Besides being located just adjacent to the popular Tampines Round Market & Food Centre, this 99-year leasehold mega development is also a walking distance to Tampines Regional Centre and is served by three MRT stations—Tampines, Tampines West and Simei.

Because of its attractive land price—it was sold for $970 million to developer Sim Lian at $676 psf per plot ratio—potential buyers can expect the prices to be relatively affordable for Treasure. Expected TOP date is December 2022.

 

Surroundings

Treasure at Tampines, New Condo: Treasure at Tampines is a Mega Development Between 3 MRT stations with Amenities Aplenty, PropertySGnew.comOverlooking the future site of Treasure at Tampines, which was the former location for ex-HUDC Tampines Court.

The area is part of a mature estate in Tampines and is relatively quiet and laidback even during peak hours on a weekday evening. Surrounded mainly by low-rise structures and residential flats, most of which are only 11 or 12 storeys high, Treasure at Tampines will likely have units that are unblocked.

Treasure at Tampines, New Condo: Treasure at Tampines is a Mega Development Between 3 MRT stations with Amenities Aplenty, PropertySGnew.comTampines Street 11, the road right in front of Treasure at Tampines, doesn’t see much traffic even during peak hours.

Traffic along Tampines Street 11 is very light, with very few vehicles passing through. Units facing the expressways—the south of the site—might have to contend with higher traffic noise however. Thankfully though, the southern area is very much buffered by verdant green so there’s at least some noise alleviation.

Treasure at Tampines, New Condo: Treasure at Tampines is a Mega Development Between 3 MRT stations with Amenities Aplenty, PropertySGnew.comTraffic noise along the expressway is buffered by a thick green foliage.

The park to the east of Treasure is currently under construction. Once completed, it will also add to the greenery around the area, helping to cool the site.

 

Amenities Nearby

Treasure at Tampines, New Condo: Treasure at Tampines is a Mega Development Between 3 MRT stations with Amenities Aplenty, PropertySGnew.comTampines Round Market and Food Centre, sitting right next to Treasure at Tampines, comprises a wet market, a hawker centre and several other food outlets and retail shops.

Tampines Round Market & Food Centre sits right next to Treasure at Tampines. The place is hive of activity during the mornings and early afternoons thanks to the wet market and large hawker centre. Most of the food stalls are only opened during the day and are closed by dinner time. Come evenings, settle for one of the many food joints or coffee shops within the premises. You will find most of what you need here. There is a Fairprice supermarket, various household and hardware shops, clinics, salons, among others.

Treasure at Tampines, New Condo: Treasure at Tampines is a Mega Development Between 3 MRT stations with Amenities Aplenty, PropertySGnew.comOne of the many shops in Tampines Round Market and Food Centre.

Otherwise, head over to Tampines Hub (20-min walk), which is Singapore’s largest integrated community and lifestyle hub. Besides the wide range of F&B outlets and a hawker centre, the Hub also houses the Tampines Regional Library, various open community spaces for events, and a number of sport facilities including a football stadium, rooftop swimming pools, a bowling centre, gym as well as a rock-climbing facility.

There are more food and retail options over at the three shopping malls, Century Square, Tampines Mall and Tampines 1, located next to Tampines Hub and Tampines MRT. You will find supermarkets Cold Storage at Tampines 1 and Fairprice at Tampines Hub.

Treasure’s proximity to Simei means residents can also enjoy the amenities there, including Eastpoint Mall, located right next to Simei MRT and a 15-minute walk from the condominium and reached by crossing an overhead bridge. Besides the number of food choices there, there’s also a Phoon Huat right across from the mall, a haven for baking aficionados.

 

Transportation Convenience

Treasure at Tampines sits between three MRT stations—Tampines West (Downtown Line), Simei (East-West Line) and Tampines (Downtown and East-West Lines) all located less than 20 minutes by foot. The lines provide a direct connection to downtown areas in Singapore such as Marina Bay CBD area, a factor to consider if you’re renting your unit out to expats. The East-West Line also provides a direct connection to Changi Airport.

The bus stop directly in front of Treasure is a feeder service that reaches Tampines Interchange. But walk a little further (approx. 6-min) and you will reach a bus stop that takes you to areas like Yishun, Toa Payoh, Bishan, Bedok, Punggol and even Changi Airport.

The exit and entrance into the PIE is also located right behind Treasure, so if you’re driving, there’s no need to pass through too many traffic lights to reach the expressway.

 

Schools

There is quite a number of primary schools within 1km: Angsana Primary School, Changkat Primary School, Chongzheng Primary School, Junyuan Primary School, Tampines Primary School and Yumin Primary School.

Reaching the nearest international schools in the area such as The Japanese School, UWCSEA East Campus as well as One World International School Changi Campus will require less than 10 minutes by car.

 

Facilities

The sprawling estate holds a total of 128 facilities for residents to enjoy. Some of the highlights include two lap pools, three spa pavilions with two spa beds each, public and private jacuzzis, an onsen spa pool, a trampoline courtyard for children, wellness corners catered for the elderly, a 400-metre jogging trail, fitness gardens and a pets zone.

Treasure at Tampines, New Condo: Treasure at Tampines is a Mega Development Between 3 MRT stations with Amenities Aplenty, PropertySGnew.comTreasure at Tampines will feature a number of activity zones throughout the estate catered for relaxing and exercising.

Treasure at Tampines, New Condo: Treasure at Tampines is a Mega Development Between 3 MRT stations with Amenities Aplenty, PropertySGnew.comThis family-friendly condominium will also have plenty of facilities catered for children.

In the Clubhouse, there is a total of nine function rooms for hosting various types of get-togethers. There’s also a co-working space for distraction-free concentration, an indoor and outdoor gym, a game studio, a wifi garden, a stargazing lawn and a yoga deck.

Treasure at Tampines, New Condo: Treasure at Tampines is a Mega Development Between 3 MRT stations with Amenities Aplenty, PropertySGnew.comGymnasium facilities will be opened to residents for 24 hours a day.

Prefer to host your gatherings outdoors? You can opt for the eight gourmet dining spaces or the two dining cabanas around the estate. Otherwise, roast a mean grill at one of the 12 BBQ pits available.

Units and Indicative Pricing

The 2,203 units range from 1-bedroom to 5-bedroom. Some 1- and 2-bedroom units come with a dedicated study area, while 2-bedroom to 4-bedroom apartments have premium options. Units are designed to be spacious and efficient in order to maximise comfort and enjoyment. Expect also quality fittings from brands like Electrolux and Hansgrohe.

Here’s the unit breakdown and pricing for Treasure at Tampines:

Unit Type Size Range (sqft) No. of Units Indicative Price
1-Bedroom 463 187 $647,752 ($1,400 psf)
1-Bedroom+Study 484 44 $647,752 ($1,400 psf)
2-Bedroom 581 – 614 265 $784,404 ($1,350 psf)
2-Bedroom Premium 657 – 678 160 $886,086 ($1,350 psf)
2-Bedroom + Study 678 313 $915,138 ($1,350 psf)
3-Bedroom 818 – 947 417 $1,063,088 ($1,300 psf)
3-Bedroom Premium 1,012 – 1,087 344 $1,314,872 ($1,300 psf)
4-Bedroom 1,238 – 1,270 176 $1,546,750 ($1,250 psf)
4-Bedroom Premium 1,281 – 1,367 187 $1,600,550 ($1,250 psf)
5-Bedroom 1,668 – 1,722 110 $2,084,750 ($1,250 psf)

Here are some of the layouts to consider:

1-Bedroom Type A1 (463 sqft)

Treasure at Tampines, New Condo: Treasure at Tampines is a Mega Development Between 3 MRT stations with Amenities Aplenty, PropertySGnew.com

At 463 sqft, the 1-bedroom apartment features an open concept studio layout to make the most of that small square footage, where there are no barriers between communal spaces and the private spaces. The lack of barriers gives you more flexibility to arrange your home however you wish.

2-Bedroom Premium Type B4P (657 sqft)

Treasure at Tampines, New Condo: Treasure at Tampines is a Mega Development Between 3 MRT stations with Amenities Aplenty, PropertySGnew.com

This 2-bedroom premium layout comes with two bathrooms, which is a great option if you want to avoid the mad bathroom rush in the mornings. It also comes with an extended foyer area, great for doing a built-in shoe cabinet for your shoes. collection.

2-Bedroom + Study Type B7S (678 sqft)

Treasure at Tampines, New Condo: Treasure at Tampines is a Mega Development Between 3 MRT stations with Amenities Aplenty, PropertySGnew.com

If you need a dedicated study space, consider going for this 2-bedroom + study layout, which is shown in the Treasure at Tampines show flat. An area is set just outside the kitchen for your home office, but you can rearrange things depending on your lifestyle needs and swap out your eating space with the study area instead.

3-Bedroom Type C7 (947 sqft)

Treasure at Tampines, New Condo: Treasure at Tampines is a Mega Development Between 3 MRT stations with Amenities Aplenty, PropertySGnew.com

This is one of the largest 3-bedroom options available. At 947 sqft, this layout differs from the other 3-bedroom layouts in that it comes with a generous-sized U-shaped kitchen, a great design if you want to reach for things more easily when you cook.

4-Bedroom Premium Type D9P (1,335 sqft)

Treasure at Tampines, New Condo: Treasure at Tampines is a Mega Development Between 3 MRT stations with Amenities Aplenty, PropertySGnew.com

This 4-bedroom premium layout is also a show flat unit. There is a huge L-shaped yard space for all your laundry needs and a dedicated dining area with its own private nook.

5-Bedroom Type E3 (1,711 sqft)

Treasure at Tampines, New Condo: Treasure at Tampines is a Mega Development Between 3 MRT stations with Amenities Aplenty, PropertySGnew.com

Most of the 5-Bedroom layouts come with an extra balcony at the master bedroom. The enclosed kitchen comes with plenty of countertop space, which you can convert into a breakfast table, pantry or even a home bar. The master bedroom also comes with a twin vanity sink so there’s no jostling over who gets to brush their teeth first in the mornings.

Price Comparison

Because the price per plot ratio is $676, Treasure at Tampines looks set to be one of the most affordable condominium launches this year.

Here’s a price comparison of Treasure with the other condominiums nearby:

Treasure at Tampines, New Condo: Treasure at Tampines is a Mega Development Between 3 MRT stations with Amenities Aplenty, PropertySGnew.com

 

Final Thoughts

There are a number of pros to getting a unit at Treasure at Tampines. Because of the relative fewer condominiums in the area, the demand for Treasure will always be there, which is good news if you’re thinking of eventually selling the unit or renting it out.

Treasure is probably the only condo development launched this year in District 18. So if you’ve always wanted to live in this area, now’s a good time as any to get hold of a unit here. If the indicative prices are any indication, price isn’t going to be a major deterrence. The condo looks set to be one of the more affordable launches in 2019.

On the surroundings front, the vicinity is very tranquil, which lends a feeling of exclusivity. Get a unit on a higher floor if you’re seeking out unblocked views, a high possibility as the area is mainly surrounded by low-rise structures.

Since the site is a relatively mature one, it means there’s no need to wait to enjoy the surrounding infrastructure or amenities, most of which are fully developed and stable. The impressive list of primary schools nearby is also a huge boon for parents with school-going children. Three MRT stations in the proximity adds to the incredible convenience. And with the PIE located close by, drivers will get to reach their destinations a lot quicker. If you’re worried about the traffic noise that might arise if you’re getting a unit facing south, which overlooks the expressway, the encircling foliage acts as a major buffer.

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