{"id":105121,"date":"2019-03-18T11:23:45","date_gmt":"2019-03-18T04:23:45","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/close-to-7000-people-visited-treasure-at-tampines-showflat\/"},"modified":"2019-03-18T12:03:08","modified_gmt":"2019-03-18T05:03:08","slug":"close-to-7000-people-visited-treasure-at-tampines-showflat","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/close-to-7000-people-visited-treasure-at-tampines-showflat\/","title":{"rendered":"Close to 7,000 people visited Treasure at Tampines showflat"},"content":{"rendered":"


\nThe 2,203-unit Treasure at Tampines is touted as the biggest condominium to be launched in Singapore.
\nClose to 7,000 visitors flocked to the showflat of Treasure at Tampines, which is touted as the biggest condominium to be launched in Singapore, reported Today Online.
\nThe 2,203-unit project, which was launched on Friday (15 Mar), features one- to five-bedroom units ranging from 463 sq ft to 1,722 sq ft.
\nSEE ALSO:\u00a0The complete guide to buying a new launch condo in Singapore
\nWith indicative prices for a one-bedder pegged at $585,000 and at least $1.88 million for a five-bedroom unit, developer Sim Lian Group and Sim Lian Holdings revealed that the project is priced at around $1,280 psf on average.
\nZACD Group executive director Nicholas Mak described the pricing as \u201cquite reasonable\u201d given that it is within the price range of new 99-year leasehold condominiums within the vicinity.
\nIn fact, some of the buyers who visited the showflat had already decided to purchase a unit.
\nOne of them was equipment engineer Triston Tan, who already submitted a cheque to express his interest for a two-bedroom unit that he intends to buy as an investment.
\nThe 47-year-old and his wife lives in a five-bedroom Housing Board flat in Tampines, which they do not intend to sell.
\nThis means they need to pay a 12 percent Additional Buyer\u2019s Stamp Duty (ABSD) since it is their second residential property.
\nTan noted that they would have to bear with it as they have already decided to invest, although they are worried of servicing the mortgage in the future.
\n\u201cWe have to plan properly. We don\u2019t want to keep topping up cash, and (our) commitments (in) other (areas have) to come down,\u201d he said.
\nMeanwhile, other visitors took a \u201cwait-and-see approach\u201d, saying they would look at other project launches in the eastern region.
\nAmong them was Vinita Malekar, who along with her husband Chandra Malekar, lives in a five-room HDB flat in Bedok and is planning to upgrade.
\nSince raising the ABSD upfront poses a problem for the couple, her 54-year old husband revealed that they are shopping around for a smaller unit than what they are aiming for.
\n\u201cDefinitely we want to go for a bigger house, a four-bedroom. But the cost also goes higher right? It definitely puts a strain on us,\u201d said the 47-year-old housewife.
\nCan you afford a condo in Singapore? Check your\u00a0affordability\u00a0now.\u00a0Get more details on the\u00a0property market outlook for 2019
\n\u00a0
\nRomesh Navaratnarajah, Senior Editor at PropertyGuru, edited this story. To contact him about this or other stories, email\u00a0romesh@propertyguru.com.sg
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…Close to 7,000 people visited Treasure at Tampines showflat<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The 2,203-unit Treasure at Tampines is touted as the biggest condominium to be launched in...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-105121","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-rlv","jetpack-related-posts":[{"id":105221,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/treasure-at-tampines-sales-launch-brought-forward\/","url_meta":{"origin":105121,"position":0},"title":"Treasure at Tampines sales launch brought forward","date":"March 21, 2019","format":false,"excerpt":"\r Close to 7,000 people visited the project\u2019s sales gallery recently. With 2,203 units, the project is touted as Singapore\u2019s largest condo. (Photo: Sim Lian) Following a \u201cvery encouraging response\u201d at the launch preview, the developers of private condo Treasure at Tampines have brought forward the sales launch of the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":104979,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/treasure-at-tampines-to-launch-at-an-average-price-of-1280-psf\/","url_meta":{"origin":105121,"position":1},"title":"Treasure at Tampines to launch at an average price of $1,280 psf","date":"March 14, 2019","format":false,"excerpt":"\r Artist\u2019s impression of Treasure at Tampines, an upcoming launch with 2,203 condo units. Singapore\u2019s largest condominium to date, Treasure at Tampines, will be launched for sale this Friday (15 Mar), with units carrying an average price of around $1,280 psf. Jointly developed by Sim Lian Holdings and Sim Lian\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":105365,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/treasure-at-tampines-moved-272-units-at-1280-psf-on-average\/","url_meta":{"origin":105121,"position":2},"title":"Treasure at Tampines moved 272 units at $1,280 psf on average","date":"March 25, 2019","format":false,"excerpt":"\r A Sim Lian spokesman said the developer was heartened by sales to date for Treasure at Tampines, which is located in one of Singapore\u2019s fastest growing regional centres. (Photo: Sim Lian) Treasure at Tampines sold 272 units at an average price of $1,280 psf during its launch weekend \u2013\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":8223,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wandervale-ec-more-than-40-oversubscribed\/","url_meta":{"origin":105121,"position":3},"title":"Wandervale EC more than 40% oversubscribed","date":"February 29, 2016","format":false,"excerpt":"\r Prospective buyers at the Wandervale showflat. (Photo: Sim Lian Group) The application period for the Wandervale executive condominium (EC) closed on Sunday (28 Feb) after receiving 750 e-applications, said its developer Sim Lian Group. This means that the 534-unit project is more than 40 percent oversubscribed. OrangeTee and ERA\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":64471,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sim-lian-to-build-12-storey-condo-at-tampines-site\/","url_meta":{"origin":105121,"position":4},"title":"Sim Lian to build 12-storey condo at Tampines site","date":"August 24, 2017","format":false,"excerpt":"\r \u00a0 Sim Lian intends to develop a condominium project with over 2,000 units on the Tampines Court site, which it acquired for S$970 million, reported Business Times. This makes Tampines Court the biggest collective sale since 2007, when Farrer Court was sold for S$1.3388 billion. Exceeding the initial reserve\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":28310,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/270-units-sold-on-launch-day-at-the-alps-residences\/","url_meta":{"origin":105121,"position":5},"title":"270 units sold on launch day at The Alps Residences","date":"October 3, 2016","format":false,"excerpt":"\r The interior of a two-bedroom unit at The Alps Residences showflat. (Photo: Christopher Chitty) The 626-unit The Alps Residences at Tampines Street 86 sold 270 units (43 percent) on Sunday (2 October), its first launch day after a week-long preview, said its developer MCC Land. Prices range from $491,000\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2016\/10\/The-Alps-Residences-showflat-768x1024.jpg?fit=768%2C1024&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/105121"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=105121"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/105121\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=105121"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=105121"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=105121"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}