Treasure at Tampines
- 29-09-2023: Book an Appointment to view Treasure at Tampines Showflat and get Direct Developer Price + Discounts.
- 29-09-2023: Treasure at Tampines is selling fast! Check out the Balance Units.
- 24-03-2019: Treasure at Tampines sold 272 units at launch at average S$1,280 per sq ft.
- 14-03-2019: Updated the latest Treasure at Tampines Price
- 19-02-2019: Check out the latest Site Plan, Floor Plan.
- 11-02-2019: Treasure at Tampines is expected to launch in early March 2019.
- 09-02-2019: Check out the unit mix and size at Pricing page.
- 17-01-2019: New condo in Tampines is coming soon from the former Tamines court en bloc, now the Treasure at Tampines.
- 04-09-2018: Register to get the Floor Plan of Treasure at Tampines Condo.
Check out the Virtual Tour!
Quick Information & Links
Developer
Treasure at Tampines is proudly developed by Sim Lian Group As one of the most prestigious developer who has been creating quality homes for Singapore families over decades.
Sim Lian Group is an established property development and construction company, which is led by a team of strong and strategic management. The solid reputation of the company has gained its recognition as the top 100 Brands in Singapore for five consecutive years. Sim Lian group is also ranked among top 10 developer in Singapore.
Sim Lian Group has created thousand homes for Singapore families over the past decades. It has strong foothold in Tampines area which covers Waterview, Tampines Trilliant, Premier at Tampines, Central 8, etc..
Home owners of Treasure At Tampines will enjoy premium finishings and Treasure at Tampines price is expected to be attractive and affordable compared to most other projects in Singapore.
Location
Treasure at Tampines (former Tampines Court) is located along tampines street 11 , and it’s within walking distance to both Simei MRT and Tampines MRT.
Treasure at Tampines will be the most recognisable landmark in Tampines via PIE Exit 4. Being just off a major PIE intersection, Treasure at Tampines allows you to actually stay in Tampines but enjoy a view of Simei and Simpang Bedok across the road.
This extreme convenience of a major expressway allows travellers to head eastwards to Changi Airport or westwards to city in no time at all.
Tampines is packed with many educational centers, including primary and secondary schools as well as 2 international schools , UWCSEA Internatinal and Eton International schools.
Various shopping options around the area, including Tampines Mall, Century Square, Tampines 1 and EastPoint Mall.
Continue to explore this location and its amenities by approximate distance.
Showflat
Kindly book an appointment before making your way down to view Treasure at Tampines Showflat as it’s off-site and we may be closed at certain days/time.
Online registrants who have booked an appointment here will be able to receive Direct Developer Price and need not pay any commission. Please be informed that units for sale at Treasure at Tampines are on first come first serve basis.
A few more points when considering Treasure at Tampines
- As a large scale condo project with compliments from the collective sale of former HUDC Tampines Court, Treasure at Tampines is also the biggest to date with a whopping land plot of 656,673 sq ft. You will not be shortchanged of living and amenities spaces.
- With the famed Tampines Round Market & Food Centre right next to Treasure at Tampines, you will be spoilt for choice on what to eat.
- Besides having PIE right at the doorstep, you are also within walking distance to Simei MRT.
URA DRAFT MASTER PLAN 2019
FOR THE EASTERN REGION
Treasure at Tampines (former Tampines Court) is a new launch property along Tampines Street 12. The new condo comprises a total of 2000 over units likely consisting of various types from 1 to 5 bedroom.
Treasure at Tampines condo is situated near Tampines Regional Centre, Changi Airport, Changi Business park, Wafer park, Loyang Industry estate. Over the years, Tampines has transformed into a vibrant hub, and is the focus of commecial activity for the eastern region.
In fact, Tampines is already a much-desired retail and leisure destination in the city. It draws people in hordes due to its major attractions and it is projected to a grow a lot more in the near future.
Besides the shopping and leisure attractions, Tampines is also known for its several top-notch educational centers for both primary and secondary education. Two International Schools – UWCSEA International and Eton International add to the attraction for families. With other strong infrastructural elements into the mix, the destination is definitely what aspiring home owners want for their family needs.
Both Tampines and Simei MRTs are within walking distance, which offers reliable and convenient modes of public transfort for easy access to other parts of Singapore. For drivers, Treasure at Tampines is also well connected to PIE, ECP and TPE, which will bring you to town in less than 20min during off peak hours.
Future Residents of Treasure at Tampines Condo will find various shopping options in the vicinity, including Tampines Mall, Tampines 1, Century Square and Eastpoint Mall.
Treasure at Tampines provide full condo facilities, including 50m lap pool, Club House, Indoor Gym, Tennis court, etc..
Aspiring home owners may now view and download Treasure at Tampines Floor Plan, Site Plan, and E-Brochure.
Financing
Buyer’s Stamp Duty (BSD)
| Purchase Price or Market Value of the Property | BSD Rates for Residential Properties | BSD Rates for Non-Residential Properties |
|---|---|---|
| First $180,000 | 1% | 1% |
| Next $180,000 | 2% | 2% |
| Next $640,000 | 3% | 3% |
| Remaining Amount | 4% |
Additional Buyer’s Stamp Duty
| Nationality | 1st Property | 2nd Property | 3rd Property |
|---|---|---|---|
| Singapore Citizens | N.A. | 12% | 15% |
| Permanent Residents | 5% | 15% | 15% |
| Foreigners | 20% | 20% | 20% |
| Entities / Companies | 25% | 25% | 25% |
Residential Home Loan Regulations (MAS)
| First Loan | Second Loan | Third Loan | |||||||
|---|---|---|---|---|---|---|---|---|---|
| Loan Tenure | Up to 30 years | 31-35 years | Up to 30 years | 31-35 years | Up to 30 years | 31-35 years | |||
| Age | Age used to calculate loan tenure, will be based on income-weighted | ||||||||
| Up to 65 | Up to 70-75 | Up to 70-75 | Up to 65 | Up to 70-75 | Up to 70-75 | Up to 65 | Up to 70-75 | Up to 70-75 | |
| Maximum LTV Limit | 75% | 55% | 55% | 45% | 25% | 25% | 35% | 15% | 15% |
| 20% (non-individuals) | |||||||||
| Minimum Cash Downpayment | 5% | 10% | 10% | 25% | 25% | 25% | 25% | 25% | 25% |
| Gaurantors / Co-borrowers | All Co-borrowers must be mortgagors. Guarantors must be co-borrowers if the latter did not pass the TDSR criteria |
||||||||
| Mortgage Servicing Ratio | N/A | ||||||||
| Total Debt Servicing Ratio | 60% | ||||||||
| Stress Test Interest Rate | 3.5% | ||||||||
Also known as Progressive Payment Scheme, allows you to service your loan via monthly instalments progressively stage by stage as the property is being built.
| Stage | Payment Under a Standard Payment Scheme (% of Purchase Price) |
|---|---|
| Upon the grant of Option to Purchase | 5% (Booking Fee) |
| Upon signing of the Sale & Purchase Agreement or within 8 weeks from the Option date | 20% less Booking Fee |
| Completion of foundation work | 10% |
| Completion of reinforced concrete framework of unit | 10% |
| Completion of partition walls of unit | 5% |
| Completion of roofing/ceiling of unit | 5% |
| Completion of door sub-frames/ door frames, window frames, electrical wiring, internal plastering and plumbing of unit | 5% |
| Completion of car park, roads and drains serving the housing project | 5% |
| Notice of Vacant Possession (TOP) | 25% |
| On Completion date | 15% |
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Treasure at Tampines News Update
Treasure at Tampines is one of the best-selling new projects in the second quarter
Treasure at Tampines is among the top five best-selling new projects, with 171 units sold at median price of $1,325.
The local property market has rebounded. Despite the decrease in the number of new launch private properties, the sales in the second quarter still increased by more than 30% from the previous quarter, and the price of private homes has increased.
In the second quarter, developers are estimated to sell about 2,500 units, with an average monthly sales of 836.
Are EC prices becoming too expensive?
The new EC price tag comes close to some of the private condo price in suburb areas, like Treasure at Tampines, The Tapestry at Tampines, etc.
Tampines food centre reopens after revamp
After 2 month renovation, The Tampines Round Market and Food Centre resumed its business in 8 July 2019.
Treasure at Tampines residents can enjoy a better dining experience in the Tampines Food Centre now.
New condo sales volume up 2.3% in Q1
The Business Times-28 May 2019
Like the CCR, the number of units launched in the OCR during Q1 (796 units) were more than 2.5 times higher compared to Q4 2018 (300 units). However, the sell-down rate fell to about 9.9%, as the scale of the projects launched were much larger such as Treasure at Tampines (2,203 units) and The Florence Residences (1,410 units).
“Buyers in the OCR tend to be more price-sensitive, with Treasure at Tampines as the best-selling project that achieved 59% launched sell-down rate (i.e. selling 289 of 490 units launched) and unit prices ranging from $1,173 to $1,467 psf,” Saleha Yusoff, ET&Co’s executive director and regional head of research and consulting, explained.
8 Most Affordable New Condos For HDB Upgraders
PropertyGuru-17 May 2019
Homes in the East have risen in popularity amongst growing families in recent years due to the revival of suburban localities, the establishment of new growth corridors and new transportation links in the region.
For instance, residents in the East will soon enjoy more MRT links to the city and to the northern parts of the island with the upcoming Thomson-East Coast Line (TEL).
This can be observed in the strong take-ups of new private homes in the region, as seen in last year’s launch of the 861-unit The Tapestry, and the recent launch of the mega-project Treasure at Tampines. The latter comprises 2,203 units and is touted as Singapore’s largest condo development.
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With that, Treasure at Tampines’ launch is expected to influence home prices within the area this year and the following year.
Master Plan for Changi and Jewel Changi Airport add excitement to the East
Yahoo Finance-11 May 2019
The unveiling of the Master Plan 2019 at the end of March, which includes the plan for Changi Region, and the opening of Jewel Changi Airport in mid-April, have benefitted a number of recently launched residential projects. These include the 2,203-unit Treasure at Tampines near Tampines Central by Sim Lian Group, which was launched in March; the 861-unit The Tapestry at by City Developments, launched 14 months ago; and the 428-unit The Jovell at Flora Drive, off Upper Changi Road North, which was launched last September.
Mega condo Treasure at Tampines sells 272 units of 490 released at launch
The Straits Times-25 Mar 2019
SINGAPORE – Singapore’s largest condominium Treasure at Tampines sold 272 units at an average $1,280 per sq ft, after the project launched over the weekend. Developer Sim Lian released 490 units for sale.
The close to 650,000 sq ft development, situated on the former Tampines Court site, has 2,203 units in all.
2203-unit Treasure at Tampines up for preview
The Business Times-14 Mar 2019
TREASURE at Tampines, the 2,203-unit condominium coming up on the site of the former Tampines Court HUDC estate, is available for …
Mega condo launch: Treasure At Tampines on former Tampines Court …
The Straits Times-13 Mar 2019
SINGAPORE – Treasure at Tampines, the 2,203-unit condominium coming up on the site of the former Tampines Court HUDC estate, will be …
Treasure at Tampines to launch at an average price of $1280 psf
Yahoo Singapore News-14 Mar 2019
Sim Lian launches Singapore’s largest condo in Tampines
The Straits Times-11 hours ago
To be priced at about $1,280 per sq ft, the 99-year leasehold Treasure At Tampines is expected to receive its temporary occupation permit by …
As another mega condo launches, will there be enough demand in …
In-Depth-Channel NewsAsia-10 hours ago
Treasure at Tampines: Biggest launch of 2019
EdgeProp.sg-14 Mar 2019
The 2,203-unit private condo will be the largest in Singapore to date, and priced at an average of $1,280 psf, is likely to attract a mix of first-time …
