Treasure at Tampines, previously called Tampines Court sold en bloc for $970m. Developer Sim Lian has snapped up sprawling Tampines Court for a cool $970 million as the collective sale market here continues to sizzle. It is the largest such deal for a former Housing and Urban Development Company property in a decade since Farrer Court changed hands for $1.34 billion in 2007. The 560-unit development, in Tampines Street 11, went on the market last month after two previous failed attempts at a collective sale.

Treasure at Tampines boasts of 702,164-sq-ft space that currently houses Tampines court which has 560 units across its 14 blocks. Each of the owners is to be awarded between S$1.71 million and S$1.75 from the sale.

With the developments surrounding Treasure at Tampines such as the Chang Airport expansion plan, the demand on the condos is expected to be high as observed by Ken Kuik, Sim Lian holdings. The upcoming MRT stations are also other developments that adds value to buyer’s money.

Treasure at Tampines showflat is currently open and is giving out developer price and e-brochure at its website, https://treasureshowflat.com/, no commission.

Download floor plan and its other resources from the website:
https://treasureshowflat.com/