Locals at Treasure at Tampines will delight in the wide variety of features around: from the food centre, to the park and heartland malls.
There are even 2 MRT terminals in its vicinity attaching you to both the Downtown line or the East-West Line. However, its most significant disadvantage is its enormous variety of units – something yet to be experienced for anybody in Singapore.
Treasure at Tampines is Singapore’s biggest condominium task to date, featuring a jaw-dropping 2,203 units that have now been included in the Tampines/Simei unit pipe.
Normally, you would certainly expect a behemoth land size to do the same, yet surprisingly enough, you’ll locate that its ‘relatively enormous’ 6 hectare (or approx. 650,000 square feet) of land in fact pales in contrast to several of the apartments that we have actually been to … despite these condos having less than half the number of units in their particular tasks!
Simply put, everyone’s most significant fear regarding the Treasure at Tampines being a little also crowded may just come to life …
Various other worries would include inquiries concerning unit rentability + rental return, lasting admiration and also maybe much more pressingly, the impact that it will have on the currently crowded (yet reputable) Tampines/Simei area.
For its developers however, the biggest obstacle would be to offer all these units within 5 years of obtaining this plot of land to prevent the hefty ABSD costs that come along.
That stated, the amazing action to a most recent variety of developer discounts here (which promptly compelled designers to pull back the discount rates) informs us that there is certainly still require for the job’s units in spite of its already unbelievable 57 percent or 1,256 unit take-up rate to date.