{"id":105221,"date":"2019-03-21T11:35:35","date_gmt":"2019-03-21T04:35:35","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/treasure-at-tampines-sales-launch-brought-forward\/"},"modified":"2019-03-21T12:03:26","modified_gmt":"2019-03-21T05:03:26","slug":"treasure-at-tampines-sales-launch-brought-forward","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/treasure-at-tampines-sales-launch-brought-forward\/","title":{"rendered":"Treasure at Tampines sales launch brought forward"},"content":{"rendered":"


\nClose 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)
\nFollowing 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 project by a week to this Saturday (23 Mar).
\nSim Lian Group and Sim Lian Holdings revealed that close to 7,000 people visited the project\u2019s sales gallery from 15 to 17 March.
\nSEE ALSO:\u00a0The complete guide to buying a new launch condo in Singapore
\nTouted as Singapore\u2019s largest condo, Treasure at Tampines is a 99-year leasehold project featuring 2,203 apartment units. It sits on a sprawling 650,000 sq ft site along Tampines Street 11 and is expected to receive its Temporary Occupation Permit by 2023.
\nZACD Group executive director Nicholas Mak believes that the project\u2019s attractive price of $1,280 psf on average is one of the factors that lured people into visiting the showflat, reported Today Online.
\nAccording to him, the price is relatively lower compared to other 99-year leasehold condos within the vicinity.
\nAmong those interested in Treasure at Tampines are those unaffected by the cooling measures, such as individuals who are yet to own a home and do not mind checking out their options, noted Mak.
\nBut given the current market conditions, analysts noted that the high turnout at the project may not translate into high sales volume.
\n\u201cThere is a lot of \u2018browser interest\u2019 and (many) cheque submissions, but conversion is another story,\u201d said International Property Advisor CEO Ku Swee Yong.
\nKu stated that while there are Singaporeans looking to buy private properties, there are also expectations for lower prices considering that the latest property curbs significantly raised the financial requirements for potential buyers.
\nAnd since visiting showflats has become almost like a \u201cnational pastime\u201d for Singaporeans, a more accurate picture of the market could be seen in the number of cheques submitted and converted into sales, said analysts.
\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…Treasure at Tampines sales launch brought forward<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Close to 7,000 people visited the project\u2019s sales gallery recently. With 2,203 units, the project...<\/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-105221","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-rn7","jetpack-related-posts":[{"id":105365,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/treasure-at-tampines-moved-272-units-at-1280-psf-on-average\/","url_meta":{"origin":105221,"position":0},"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":104979,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/treasure-at-tampines-to-launch-at-an-average-price-of-1280-psf\/","url_meta":{"origin":105221,"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":105121,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/close-to-7000-people-visited-treasure-at-tampines-showflat\/","url_meta":{"origin":105221,"position":2},"title":"Close to 7,000 people visited Treasure at Tampines showflat","date":"March 18, 2019","format":false,"excerpt":"\r The 2,203-unit Treasure at Tampines is touted as the biggest condominium to be launched in Singapore. Close 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. The 2,203-unit project, which was launched\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":107202,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/8-most-affordable-new-condos-for-hdb-upgraders\/","url_meta":{"origin":105221,"position":3},"title":"8 Most Affordable New Condos For HDB Upgraders","date":"May 17, 2019","format":false,"excerpt":"\r Despite higher ABSD rates, there are still options in the market that may yet keep your condo dream alive. In this article, we rounded up 8 new projects that hover around the $1,300 psf threshold.\u00a0 The introduction of last year\u2019s property cooling measures has no doubt hampered the housing\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2019\/05\/8-most-affordable-new-condos-for-hdb-upgraders4-e1558057671664.png?fit=900%2C259&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":64471,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sim-lian-to-build-12-storey-condo-at-tampines-site\/","url_meta":{"origin":105221,"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":104197,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/unsold-private-homes-in-the-pipeline-rose-to-34467\/","url_meta":{"origin":105221,"position":5},"title":"Unsold private homes in the pipeline rose to 34,467","date":"February 20, 2019","format":false,"excerpt":"\r The significant increase occurred as the Strata Titles Board gave its nod to more collective sales. The number of unsold private residential units in the pipeline here almost doubled from 18,891 units at the end of 2017 to 34,467 units by 31 December 2018, revealed a recent report from\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/105221"}],"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=105221"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/105221\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=105221"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=105221"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=105221"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}