THE TAPESTRY CONDO @ TAMPINES BY CDL
| Updated on 26 Mar 2018
- 315 units sold on launch day 24 March 2018!
Enjoy The Video of The Tapestry condo @ Tampines:
All Eyes on Tampines in March!
Tampines has transformed over the years from a sparsely populated town into 1 of the 4 regional centres in Singapore. Being a hive of activity in the East, Tampines comprising a good mix of high-rise public and private apartments, a new mega lifestyle hub and 4 MRT stations, making it an ideal neighbourhood for young families.
Located in between The Santorini and The Alps Residences along Tampines Avenue 10, The Tapestry is near to Tampines Quarry Park.
The Tapestry condo will yield 7 high rise residential towers comprising 861 apartments, ranging from 1-Bedroom to 5-Bedroom Unit Type.
|PROJECT NAME||THE TAPESTRY|
|Developer||City Development Limited (CDL)|
|Address||Tampines Ave 10|
|Tenure||99 Years Leasehold|
|Unit Mix||1 Bedroom (448sqft)
2 Bedroom (615sqft)
2 Premium (717sqft)
3 Bedroom (946sqft)
3 Premium (1153sqft)
4 Bedroom (1455sqft)
4 Dual Key (1519sqft)
5 Dual Key (1797sqft)
|Expect TOP Date||2022|
Developed by the top developer in Singapore, City Development (CDL), The Tapestry is the most anticipating condo in 2018.
CDL is one of Singapore’s largest real estate companies in Singapore with its track record of over 50 years in real estate development.
Watch the video of CDL’s Portfolio
The advantages of The Tapestry condo over the neighbourhoods are better facilities, the smarter layout and next to a park.
The Tapestry condo offers more than 50 facilities with 100m continuous lap pool & another 50m size lap pool.
Location of The Tapestry
The site is conveniently linked to the city and rest of the island via major arterial roads and expressways such as Tampines Expressway (TPE) and Pan Island Expressway (PIE).
Ismail Gafoor, CEO of PropNex Realty, said: “Tampines is an all-encompassing estate which houses an array of amenities such as established shopping malls, sports and recreation facilities, offices and more. One can live, work, shop and dine in their own estate conveniently without leaving for the other areas of Singapore.”
New Amenities and Facilities to Better Serve Residents
Tampines will have a spread of amenities including a commercial centre, community club and primary and secondary schools.
Tampines will boast an extensive suite of supporting amenities including schools, healthcare, community, sports and recreation facilities.
Amenities in the existing towns will continue to be enhanced. For example, the much anticipated Tampines Town Hub will breathe fresh life into Tampines Regional Centre.
New MRT Lines for Better Connectivity
The East-West MRT line (EWL) serving the East Region is set to be joined by three new MRT lines in the future, the Downtown Line (DTL), the Eastern Regional Line (ERL) and the Cross Island Line (CRL).
Together the three new MRT lines will ensure that the majority of East Region residents will have access to MRT Stations within walking distance from their homes.
The EWL signalling system will also be upgraded by 2018 to allow 6 trains every 10 minutes instead of 5 (which is a 20% increase in capacity).
Schools Nearby The Tapestry
The future residential development is an ideal home for families with
Numerous schools located in the vicinity include Temasek Polytechnic,
United World College of South East Asia (East Campus) and St. Hilda’s Primary and Secondary Schools.
The primary schools abound include:
- Poi Ching School
- St. Hilda’s Primary
- Junyuan Primary
- Tampines Primary
- Damai Primary
Shopping Mall Nearby The Tapestry
Despite the many malls, community spaces and facilities, one of the area’s biggest claims to fame in recent years has been the opening of IKEA Tampines in 2006.
The store is a behemoth that is visible from the expressway, and a mandatory stop for the many young families building a home in this neighbourhood.
- Tampines Mall
- Tampines 1
Supermarket Nearby The Tapestry condo
- Prime Supermarket Limited @ 823 Tampines Street 81
- Fair Price @ 866A Tampines Street 83
- Madison’s The Super Sandwich Place @866A Tampines Street 83
- Watsons @ 828 Tampines Street 81
What You may not know about Tampines?
- Tampines is also poised to benefit from new nearby centres of growth like Changi Business Park, Loyang Industrial Park and the newly-expanded Changi Airport.
- Free shuttle buses are available from Tampines MRT station to IKEA Tampines every day. On weekdays, the shuttle bus also picks passengers up at Bedok MRT, and on weekends and public holidays from Sengkang MRT and Pasir Ris MRT.
- Tampines has its very own nature park. Named Tampines Eco Green, the beautiful park features hiking trails and a range of habitats including open grasslands, a secondary rainforest and freshwater wetlands.
- Tampines Regional Library houses the largest collection of Chinese books of all the branches in the National Library network.
The Tapestry Condo Floor Plan
The Tapestry Condo Price Guide
In this bullish property market trend, CDL won the land bid by pricing at 17.2% ($565 psf per plot ratio) higher than the Alps Residence site.
The Alps Residence site (next to The Tapestry site) won by MCC Land in May 2015 at $483 psf per plot ratio.
By factoring in the total cost such as construction, land financing, professional/legal/tax advisory, marketing and other contingency fees, the breakeven price shall be around $1,000psf.
With the profit margin plus the bullish market factor, CDL is expected to price The Tapestry condo at $1,280-$1,350psf.
Tapestry Price Guide:
1BR from $596K
1+S from $648K
2BR (603sqft) from $796K
2+S from $913K
2BR Premium from $920K
3BR from $1.15M
3BR Premium Flexi from $1.35M
4BR from $1.65M
4DK from $1.71M
5DK from $2.1M