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Why Treasure at Tampines stands out
Key project details:
- Developer: Sim Lian Group, a reputable developer with over 40 years of experience.
- Tenure: 99-year leasehold commencing from November 2018.
- Completion Year: 2023.
- Total Units: 2,203.
- Unit Types: Ranging from 1-bedroom to spacious 5-bedroom units, catering to diverse needs.
From the get-go, Treasure at Tampines turned heads with its pricing strategy. Launched at prices comparable to Executive Condominiums (ECs), it gave buyers access to a full suite of private condo facilities in a mature estate. This value proposition is consistently echoed in resident reviews. People often mention getting "good value for money" considering the spacious units and the sheer number of facilities available.
Treasure at Tampines boasts an incredible 128 facilities, a number that truly sets it apart. Imagine having access to 13 different swimming pools, a massive 24-hour gym, multiple playgrounds for the kids, and even spa pools for a relaxing soak. It's like having a resort right at your doorstep, and residents frequently rave about this, with some even feeling like they're "living in a hotel".
Location
Location is always a key factor for us at 99.co, and Treasure at Tampines ticks many boxes. Situated in the well-established Tampines estate, it offers a fantastic blend of convenience and connectivity.
Simei MRT station (East-West Line) is within an easy 8-10 minute sheltered walk, and Tampines MRT (East-West & Downtown Lines) is also readily accessible. For those who drive, major expressways like the PIE are just a minute away, making island-wide travel a breeze.
Plus, daily necessities are a stone's throw away with Tampines Round Market & Food Centre just a 2-3 minute walk, and major shopping malls like Tampines Mall and Our Tampines Hub within a short drive. Families will also appreciate the proximity to numerous reputable schools in the area.
Nearby Amenities
Outdoor Activities & Connectivity
- On-site five-star facilities
- Planned network of cycling routes
Recreational Amenities
- Our Tampines Hub
- Nearby golf courses
Business Parks
- Changi Business Park (under 10 min drive)
- Singapore Expo
Shopping Centres
- Eastpoint Mall (6-storey)
- Neighbourhood shops, coffee shops
- Tampines Mall and others at Tampines Central
- Tampines Retail Park: IKEA, Giant, Courts
Hawker Centres
- Tampines Round Market & Food Centre (Tampines St 11)
- Pasir Ris Central Hawker Centre
Parks
- Tampines Central Park
- Sun Plaza Park
Libraries
- Tampines Regional Library at Our Tampines Hub
- Taiji Book Club
Educational Institutions
Higher Education:
- Temasek Polytechnic (TP)
- SUTD
- UWCSEA (International School)
Primary schools within 1km radius:
- Changkat Primary School
- Chongzheng Primary School
- Junyuan Primary School
- Tampines Primary School
- Yumin Primary School
Primary schools within 1-2km radius:
- East Spring Primary School
- Gongshang Primary School
- Poi Ching School
- Red Swastika School
- St Anthony's Canossian Primary School
- St Hilda's Primary School
- Tampines North Primary School
- Yu Neng Primary School
Places of Worship
Churches:
- Zion Presbyterian
- Grace Independent Baptist (Upper Changi Rd)
Temples:
- Tian Kong
- San Qing Gong (Bedok Ave)
- Tian Teck Keng
- 9 Sen Kong
- Golden Pagoda (Tampines Link)
Mosque:
- Masjid Darul Ghufran (1km away)
Healthcare Facilities
- Changi General Hospital
- Tampines Clinic & Surgery
Investment potential
The sales history of Treasure at Tampines demonstrates robust demand. Over 990 units were sold in 2019 alone, and the entire development was sold out by February 2022. Even during the challenging "Circuit Breaker" period in 2020, the development recorded significant sales figures. Furthermore, a remarkable 273 profitable sales transactions have been documented, with no unprofitable ones, highlighting the strong return on investment for many early buyers.
Profits from these transactions have ranged from S$58,000 to an impressive S$981,000. The buyer profile predominantly consists of Singaporean (86.8%) and Permanent Resident (11.8%) buyers, indicating a strong local interest in the development. This consistent and high sales performance, even amidst market fluctuations, underscores the strong appeal of Treasure at Tampines.
The significant number of profitable transactions serves as compelling evidence of its investment potential, and the predominantly local buyer demographic reflects the development's resonance within the Singaporean community.
Our takeaway
Treasure at Tampines offers a unique proposition in the Singapore property market. It's a development that delivers on its promise of providing a comprehensive lifestyle at an attractive price point.
From an investment standpoint, Treasure at Tampines presents a compelling case. Its attractive entry price, coupled with its location near major employment hubs like Changi Business Park and Changi Airport, creates a strong rental demand. The extensive facilities are also a major draw for tenants. The track record of price appreciation and the numerous profitable resale transactions speak volumes about its investment potential. While the large number of units might lead to some internal rental competition, the variety of unit types caters to a broad tenant base.
While its size might be a consideration for some, the sheer array of facilities and the convenient location, coupled with its proven investment potential, make it a strong contender for both homeowners and investors looking for value in the East. If you're seeking a vibrant community with an abundance of amenities and excellent connectivity, Treasure at Tampines is definitely worth a closer look.
