{"id":79642,"date":"2018-02-12T11:14:05","date_gmt":"2018-02-12T04:14:05","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/tampines-court-is-the-sale-still-on\/"},"modified":"2018-02-12T12:08:59","modified_gmt":"2018-02-12T05:08:59","slug":"tampines-court-is-the-sale-still-on","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/tampines-court-is-the-sale-still-on\/","title":{"rendered":"Tampines Court: Is the sale still on?"},"content":{"rendered":"


\nThe developer Sim Lian Group is awaiting Planning Permission approval from the URA so that it can build more housing units on the site.
\nWorried at the lack of updates on the collective sale process, homeowners at Tampines Court wanted to know whether the sale of the development to Sim Lian Group is still on and if they could collect their sales proceeds in April, reported the Straits Times.
\nThis comes as Sim Lian found itself entangled in technical issues.
\nThe firm \u2013 which is engaged with the Land Transport Authority (LTA) over its proposal to upgrade two road junctions and construct a new link to the slip road leading to the Pan-Island Expressway \u2013 is awaiting Planning Permission approval from the Urban Redevelopment Authority (URA).
\nThe road improvements are necessary so that it can increase the number of units to about 2,000 from the current 560.
\nAnd while it could take only 20 days to assess a development application, the process may take longer depending on the development proposal\u2019s complexity and site constraints.
\nMeanwhile, veteran architect Tan Cheng Siong believes that en bloc sales are disruptive to communities and society, reported TODAYonline.
\nHe revealed that the Land Titles (Strata) Act should be addressed since its provisions \u201cencourage people to uproot from where they stay\u201d, and adopt a \u201clet\u2019s get rich by destruction\u201d mentality, instead of staying put to \u201cadd value\u201d to the community.
\n\u201cThis is not quite appropriate especially if we want to encourage a sense of community, a sense of togetherness, and a sense of place in Singapore.\u201d
\nTan discovered this during a \u201cvoluntary conservation\u201d project on Pearl Bank. Although he and his partner Daniel Law had secured 92 percent consent from the residents, the redevelopment did not push through as the law required unanimous consent.
\n\u201cSo you need 100 percent consent to protect a building, but 80 percent to strike it off the surface of the earth,\u201d said the 81-year-old founder of Archurban Architects Planners.
\nIf left unaddressed, Singapore will \u201creach a point when every home is just a market value to be realised or reaped very quickly\u201d.
\n\u201cThis mentality and sentiment is not healthy for our younger generation,\u201d he noted.
\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…Tampines Court: Is the sale still on?<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The developer Sim Lian Group is awaiting Planning Permission approval from the URA so that...<\/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-79642","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-kIy","jetpack-related-posts":[{"id":64471,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sim-lian-to-build-12-storey-condo-at-tampines-site\/","url_meta":{"origin":79642,"position":0},"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":105365,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/treasure-at-tampines-moved-272-units-at-1280-psf-on-average\/","url_meta":{"origin":79642,"position":1},"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":79642,"position":2},"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":105221,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/treasure-at-tampines-sales-launch-brought-forward\/","url_meta":{"origin":79642,"position":3},"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":59606,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/tampines-court-to-go-en-bloc-again\/","url_meta":{"origin":79642,"position":4},"title":"Tampines Court to go en bloc again","date":"July 3, 2017","format":false,"excerpt":"\r \u00a0 For the third time, Tampines Court will once again hit the collective sales market on Tuesday carrying an indicative price of S$960 million, after 82 percent of its owners consented to the sale. The former Housing and Urban Development Company (HUDC) estate\u2019s first attempt at an en bloc\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":139876,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/tampines-ec-site-awarded-to-sim-lian-hdb-awards-ceremony-2023-low-october-2023-bto-application-rates-and-more\/","url_meta":{"origin":79642,"position":5},"title":"Tampines EC Site Awarded to Sim Lian, HDB Awards Ceremony 2023, Low October 2023 BTO Application Rates, and More","date":"October 16, 2023","format":false,"excerpt":"\r 10 to 16 October 2023 The Council of Estate Agencies (CEA) revealed that 20 property agents have been fined and issued letters of censure for marketing empty HDB flats that had never been lived in, since January 2022. Meanwhile, some new residents at Tengah are contending with long walks\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i1.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2023\/10\/NOV-2021-HDB-BTO-ROCHOR-RIVER-PEAKS.jpg?fit=820%2C410&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/79642"}],"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=79642"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/79642\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=79642"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=79642"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=79642"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}