iCompareLoan Editorial Team
Image Credits: Image of a condo was taken by iCompareLoan for illustration purpose only.
Treasure at Tampines is a brand new 99 years leasehold condominium development by the renowned Sim Lian Construction Company Ltd. Formerly known as Tampines Court, the development is located in 18 Tampines Street 11, at the heart of District 18. Just as its name suggests, Treasure at Tampines represents a rare gem in the east that offers the ultimate comfort and relaxation amid lush greenery.
Condo Units
Table of Contents
Treasure at Tampines sits on a massive 702, 164 sq ft condo space (equivalent to 10 soccer fields) which is expected to house an estimated 2,225 residential units. The development boasts of a perfect mix of 1 to 5 bedroom units and a penthouse. This means it can make an ideal home for singles, newlyweds as well as multi-generational families.
Nearby Amenities
Transport
Moving around will be hassle-free for the residents of Treasure at Tampines, thanks to the multiple train stations and well-connected roads found near its doorstep. The Simei MRT and Tampines MRT stations are just a small walking distance away from the condo, which allows residents to get to where they want in no time.
The roads from Treasure at Tampines also connect seamlessly to major roads and highways like the Pan Island Expressway (PIE) and the Tampines Expressway (TPE) that make access to the Central Business District(CBD) as quick as a 25 minutes’ drive. Upon completion of the Tampines East and Tampines West MRT Stations, residents will have an even easier time getting to and from other parts of Singapore.
Educational Institutions
The Treasure at Tampines neighborhood is packed with many prestigious schools, ranging from childcare centers to primary schools all through to colleges and universities. Some of the schools found within a radius of 1 km include Tampines Primary, Changkat Primary, Angsana Primary, Yumin Primaryand JunYuan Primary School.
Other schools found within the vicinity (just a few bus stops
away) include the following:
-St. Hilda Primary School
-East Spring Primary School
-Anglican High School
-Temasek Polytecnic
-Tampines Junior College
Shopping Amenities
Shopping for foods and general stuff will be very convenient for residents of Treasure at Tampines because of the many supermarkets, shopping malls and restaurants found nearby. There are NTUC FairPrice branches in Tampines BLK 138, Tampines BLK 107 and Eastpoint, which are easily accessible from the condo.
Residents can also shop in major shopping malls around like:
-Tampines 1
-Tampines Mall
-Century Square
-Eastpoint Mall
Recreational Amenities
Multiple beautiful parks lie in the immediate vicinity of the Treasure at Tampines residential development. This provides residents with unique opportunities to go out and explore nature and simply have a good time with friends and loved ones. The Quarry Park, just across the Tampines boundary is endowed with lush green vegetation with amazing sights and can be great for birdwatching, relaxation and/or photography.
Just a short walking distance from the condo development is Bedok Reservoir, a wildlife center that has adorable settings and picturesque views. Those who would want to enjoy some sporting action during their free time can visit
the various gold courses situated on the southeast part of the District.
Treasure at Tampines Condo Price
Sim Lian Group acquired the space where Treasure at Tampines sits (formerly known as Tampines Court) at a staggering cost of S$970 million. That, plus the additional fees estimated to be S$359 million for the lease of 99 years works out to about S$676 million.
The breakeven price for the new project will range between S$1,050 to S$1, 150 psf. But the true figures of the price (psf) will be released by Sim Lian Group in the build up to the launch. So, most investors eyeing the development are taking on the wait-and-see approach in determining the prices.
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