SINGAPORE -A condominium with 2,203 apartments in Tampines Street 11 was introduced on Friday (March 15) to provide a sneak peek of what its developer Sim Lian Group has actually promoted as Singapore’s biggest.
Treasure At Tampines eclipses the 1,715-unit d’Leedon in Farrer Road.
Its very first sales launch is anticipated to happen by end-March (2019 ), which is not long after that of The Florence Residences, a 1,410-unit growth in Hougang Method 2 which had its preliminary sales earlier this month.
Sim Lian, nonetheless, decreased to reveal how many apartment or condos will certainly be released at the first sales launch.
The condo, which depends on the site of the previous Tampines Court HUDC estate, is expected to be amongst a handful of huge tasks that are slated to be launched this year.
To be valued at about $1,280 per sq ft, the 99-year leasehold Treasure At Tampines is anticipated to obtain its short-term line of work permit by 2023.
The cumulative sale site was obtained by Sim Lian for $970 million in 2017, which was after that the most significant collective sale in a decade.
The site spans concerning 650,000 sq ft, with one- to five-bedroom houses that range in dimension from 463 sq ft to 1,722 sq ft.
Mr Kuik Sing Beng, executive supervisor of Sim Lian Team, pointed out the development’s closeness to Changi Airport as well as Changi Organization Park while Orange Tee & Tie, a co-marketing representative of the advancement, expects the “eye-catching access rate” and also monthly maintenance costs, which begins at $150, to attract customers.
Provide, 60 per cent of the site has been alloted for landscape design and centers, stated Orange Tee & Connection’s managing supervisor Steven Tan. “I am positive concerning the sales and very happy with the turnover for the sneak peek today,” he told The Straits Times. As at 6pm, more than 900 people had actually walked through its doors.