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Treasures @ Tampines is one of newest developments launched in 2019. It’s attractive pricing is very close to executive condominiums price. Initial phrase at $1100 – $1300PSF, Treasures @ Tampines home buyers enjoy the benefits of owning a private property at EC price.
Tampines Court did enbloc at $676 PSF / ppr, potential breakeven cost at least $1100 PSF/ ppr. With current selling price range from $1100 psf, Treasures @ Tampines are still undervalue as being first mover advantage. Looking at future EC plot sold from government land sales GLS sites, it is definitely worth looking at.
With recent launch of Piermont Grand, a EC development at punggol selling at average of $1100 PSF, it seem to be a norm in future EC sites. (Fact: Piermont Grand had achieved 55% sales during initial phrase).
Treasures @ Tampines have been selling very well with its right entry price past few months especially after recent EC launched. Why right entry price? At $1336PSF, Treasures @ Tampines price tag is already transacted within the district.
Is there a bigger POTENTIAL or RISK involved?
With Treasure @ Tampines selling slightly above executive condo prices, the potential upside is huge especially it is also near to upcoming Tampines West MRT station and 7 mins walk to Simei MRT. Such mega land size in a development, it will be very rare to have another one in Singapore again.
We feel that Treasure at Tapmines priced competitively, with low maintenance fee and comfortable size is truly what all home owners need.
Definitely a value buy development considering Tampines is a mature estate with tons of amenities. With many BTO flats nearby, Treasure @ tampines is one of top choices in future for HDB upgraders as there is no other developments right in the heart of Tampines.
The Pros and Cons:
You might like Treasure if you:
You might not like Treasure if you:
This review is solely done by Littlereddotproperty.sg. All information, calculations, charts and plans are current at the time of publication and are subject to change. All facts & figures are believed to be accurate as much as possible using various real estate subscribed tools but shall not be regarded as statements or representations of fact.
