Sim Lian Group, a reputable property development, and construction company in Singapore is gearing up to introduce the treasure at Tampines that will see construction of over 2000 condos. The Treasure at Tampines (Former Tampines Court), was acquired at S$970 million, making it the second best deal after the sale of Farrer Court that attracted S$1.3388 billion in 2007.
According to Terence Lian who is in charge of investment sales in a company that brokered the sale, the S$970 million price that surpassed the initial Treasure at Tampines price (reserve) worth S$952 million translates to a land rate of S$676 psf per plot ratio. The deal includes a 99 years lease top up and $359 million differential premium for site intensification.
Treasure at Tampines boasts of 702,164-sq-ft space that currently houses Tampines court which has 560 units across its 14 blocks.
With the developments surrounding treasure at Tampines such as the Chang Airport expansion plan, the demand on the condos is expected to be high as observed by Ken Kuik, Sim Lian holdings. The upcoming MRT stations are also other developments that adds value to buyer’s money.
Is living in the Treasure at Tampines the right place for you and your family? If this is the question bothering you, then don’t panic. Apart from being a significant non-central commercial hub, Tampines is among the largest densely populated residential areas across Singapore with lots of advantages. The fact that it continues to grow is enough reason why most buyers all over the island choose to make this place their home.
Here are some of the reasons why you should make the Treasure at Tampines your home too:
1. Treasure at Tampines Enjoys Great Connectivity
When looking for a home-to be, convenience is a great factor to have in mind. The fact that Treasure at Tampines offers you a reliable connection to all the parts of the town and other parts of Singapore makes it exceptional. If you need to drive to the town form the Treasure at Tampines, then it will take you only 15 minutes, according to Eugene Lim, an ERA reality network official.
Mr. Lee further explains why accessibility in Treasure at Tampines is at its best. Tampines is well connected to major roads and highways such as Pan Island Expressway (PIE) and Tampines Expressway (TPE). The transportation sector is also expected to grow exponentially in the near future especially upon the completion of upcoming Tampines east and Tampines west MRT stations, three new MRT lines and the new integrated transport hub. The cycle friendly pavements also makes the treasure at Tampines the best place for cycling enthusiasts.
2. Access to Everything You Need from the Treasure at Tampines is Easy
Although getting to most parts of the island isn’t easy, you will be wrong to think that the area could run short of supplies. Contrary, you will need amenities from other areas on rare occasions. This is because there are up to three big shopping malls: Tampines mall, Tampines 1 and century square located a few distance from treasure at Tampines.
A sprawling Tampines retail park housing Ikea and Giant alongside warehouse retailer’s courts is also a few minutes’ drive away from the Treasure at Tampines. You will also find coffee shops, supermarkets, and plenty sundry shops to get your day to day needs.
In terms of education, Tampines is packed with learning centers ranging from children care centers, primary and secondary schools. An International school, Singapore University of technology and design and Temasek polytechnic are among the educational facilities to benefit from staying in the Treasure at Tampines.
Health facilities are also easily accessible which includes medical centers and several clinics centers within the area. In fact, St Andrews community hospital and Changi General Hospital are few yards from Simei MRT.
3. Treasure at Tampines is Next to a Business Centre
On top of the facilities to enjoy staying in the Treasure at Tampines, it is the best hub when it comes to commercial and industrial developments. It is situated next to big companies such as Seletar, Changi airport, standard chartered, DBS, IBM and Changi Business Park among others which provide job opportunities to the residents.
OCBC and UOB have just moved to operate here, including other household brands with big offices such as Hitachi and Singapore Airlines.
With plenty job opportunities featuring well paid jobs, convenient accessibility to these work places is a bonus to people residing in the Treasure at Tampines. Besides, it is the best way of maintaining a healthy work life balance.
4. The Surrounding Areas of the Treasure at Tampines Feels Mature
Unlike most developing towns or places with lots of investments and development in progress which appear incomplete and not suitable for living, Tampines is different. By just moving around the treasure at Tampines, you will feel the unique identity of this place that makes it attractive.
5.Beautiful Parks around the Treasure at Tampines
The Quarry Park, a former sand quarry is located just across the boundary of Tampines. However, there is no official way to this park that has no facilities, but if you are lucky to navigate through the vegetation, you will encounter one of the best sights you will find in Singapore. It is suitable for photography, bird watching, and relaxation.
A small distance from the treasure at Tampines is Bedok Reservoir, a rich wildlife center with adorable settings and beautiful views. If you are a water sport enthusiast, then you also have lots to explore here. Tampines is also featured with golf courses situated south east part of the district.
In short, Treasure at Tampines condo has a lot to offer for family and is undoubted reason why it is the home for many families. Nearly half of all the 80, 000 households in Tampines comprise of families with 3-4 members.
|Project Name||Treasure at Tampines|
|Address||118 Tampines Street 11 Singapore 520118 (Former Tampines Court)|
|Developer||Sim Lian Group Limited|
|Est. Unit Types|
|Site Area||702,164 square feet|
|No. of Blocks||TBA|
|No. of Storeys||TBA|
|No. of Units||TBA|
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.
Tampines is one of the largest towns in Singapore, and among the densely populated towns as well. However,it remains conscious of education housing a number of schools to accommodate all learning stages. Among the many factors that makes Treasure at Tampines condominium an inviting place is the incredible number of educational institutions around.
Up to 12 primary schools, four tertiary schools, 9 secondary schools, 1 international school and a polytechnic are within reach from the Treasure at Tampines.
The primary schools include; Poi Ching Primary, Junyuan Primary, Gongshang Primary, Chongzheng Primary, Yumin Primary, Tampines Primary, Tampines North Primary, East Spring Primary, East View Primary, British Council Pre-school, Angsana Primary, and St. Hilda’s Primary.
The secondary schools include; St. Hilda’s Secondary, Tampines Secondary, Tampines Secondary, Tampines Secondary, Pasir Ris Secondary, Ngee Ann Secondary, Junyuan Secondary, Dunman Secondary, East View Secondary, and East Spring Secondary.
The tertiary institutions include; Tampines Polytechnic, Tampines Junior College, Singapore University of Technology and Design, and ITE College East. There is also a
UWCSEA Tampines campus as well.
Apart from these schools, you will also find play schools, day care centers and kindergartens located throughout around the Treasure at Tampines.
The Treasure at Tampines is strategically located to allow residents gain from the nearby shopping centres.. A suitable choice is to invest in is a highly urbanized are like Tampines.
Some Of The Biggest Malls Near Treasure At Tampines Include:
This is one of the oldest malls you will find in Tampines. It has improved over the years and now features faster navigation means such as escalators. It also has parking spaces which are accessible through 2 different entry points. At Tampines mall, you will find most of the things that you need which explains why it is one of the most visited malls in the region and future residents of Treasure at Tampines will benefit from it.
Century Square is the oldest mall among the three biggest malls in Tampines the six storey mall offers you most of the things that you will need if you choose to stay in the Treasure at Tampines. Each of its floors is packed with different categories of brands ranging from food takeaways kiosks found in the basement to athletic/fashion wear on the first floor and entertainment on the upper floor. Most of the improvements were added to the mall after its makeover. With lots of shopping pints in the mall you will enjoy every bit of your time shopping.
This is the latest mall among the three, and most residents prefer getting their amenities here. Although it smaller as compared to Tampines mall, it has amazing varieties including good supermarkets and eating restaurants.
Well, there are several reasons why you should opt for an condo near shopping centres such as the Treasure at Tampines. Here are some of the benefits to enjoy: