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Treasure at Tampines

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Old 20-05-2020, 01:48 PM   #1876
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Thanks to the other launches with overpriced land rates.

If they want to sell at current price with such margins, they should have at least created a more quality product, not an HDB with swimming pool...

Sim Lian Group, i will learn to avoid next time.
If you look at the BCA Conquas score, Sim lian usually scores average or below average. Not a very good developer
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Old 20-05-2020, 01:49 PM   #1877
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Thanks to the other launches with overpriced land rates.

If they want to sell at current price with such margins, they should have at least created a more quality product, not an HDB with swimming pool...

Sim Lian Group, i will learn to avoid next time. Actually many of their projects look like hdb.
Even hdb design better than that.
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Old 20-05-2020, 02:11 PM   #1878
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Even hdb design better than that.
actually our HDB design is almost the most efficient layout
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Old 21-05-2020, 04:50 PM   #1879
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hi all! kinda a newbie here.

Am looking at treasures as my next property, currently selling my HDB and utilise the cap gain to go into a private condo as a form of med-long term invest (5-7yrs at least?)

got a kid and potentially another, so it will have to suffice as self stay for the initial years and eventually looking to sell off for a cap gain after the term. therefore at least a 3br is essentially the minimal for me

was considering parc clematis but it was a tad too expensive for me and i guess i can only consider properties that are like 1.4-1.5k psf max?

any advice on this please?
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Old 21-05-2020, 05:06 PM   #1880
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hi all! kinda a newbie here.

Am looking at treasures as my next property, currently selling my HDB and utilise the cap gain to go into a private condo as a form of med-long term invest (5-7yrs at least?)

got a kid and potentially another, so it will have to suffice as self stay for the initial years and eventually looking to sell off for a cap gain after the term. therefore at least a 3br is essentially the minimal for me

was considering parc clematis but it was a tad too expensive for me and i guess i can only consider properties that are like 1.4-1.5k psf max?

any advice on this please?
Treasures is near many amenities
Just not a fan of it’s layout and design

But still, it’s a nice condo overall
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Old 21-05-2020, 05:48 PM   #1881
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hi all! kinda a newbie here.

Am looking at treasures as my next property, currently selling my HDB and utilise the cap gain to go into a private condo as a form of med-long term invest (5-7yrs at least?)

got a kid and potentially another, so it will have to suffice as self stay for the initial years and eventually looking to sell off for a cap gain after the term. therefore at least a 3br is essentially the minimal for me

was considering parc clematis but it was a tad too expensive for me and i guess i can only consider properties that are like 1.4-1.5k psf max?

any advice on this please?
Resale condos around Simei MRT
modena(2001)- 9xx psf
tropical spring(2002)- 9xx psf
double bay(2012)-10xx psf

imo Treasure at Tampines is not overpriced when comparing against the resale condos around Simei MRT, but I wont expect huge gains in a short period of time(Eg Martin Modern) as 1. there are a ton of units in the development and 2. previous resale condos in the area all had a steady but slow growth. Unless there are changes in the masterplan benefitting Simei/East side, it should reflect the growth rate by its predecessors.
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Old 21-05-2020, 05:52 PM   #1882
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Im looking at a 5-7yr period of self stay at least so hopefully by then, the price appreciation and also taking into consideration that the supporting prices of the other developments can help drive the psf prices up?
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Old 21-05-2020, 05:57 PM   #1883
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Resale condos around Simei MRT
modena(2001)- 9xx psf
tropical spring(2002)- 9xx psf
double bay(2012)-10xx psf

imo Treasure at Tampines is not overpriced when comparing against the resale condos around Simei MRT, but I wont expect huge gains in a short period of time(Eg Martin Modern) as 1. there are a ton of units in the development and 2. previous resale condos in the area all had a steady but slow growth. Unless there are changes in the masterplan benefitting Simei/East side, it should reflect the growth rate by its predecessors.
The sad thing is looking at treasures land price, developer could have priced units at 1100psf instead of 1300 - 1400psf
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Old 21-05-2020, 06:22 PM   #1884
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@kidozzz im optimistic about prices increasing with such a long time frame, just a matter of how much



@ohw123 tbh i don't think that the costs are that low actually, land price's already 676psf. 10xx-1100psf should be closer to their breakeven
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Old 21-05-2020, 07:13 PM   #1885
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The sad thing is looking at treasures land price, developer could have priced units at 1100psf instead of 1300 - 1400psf
Treasure is actually one of the lowest entry price new launch in the market currently, definitely wont go ard $1100psf..cos the current ECs are around $1100psf le..
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Old 21-05-2020, 07:18 PM   #1886
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Treasure is actually one of the lowest entry price new launch in the market currently, definitely wont go ard $1100psf..cos the current ECs are around $1100psf le..
I know that haha

Juz that say if developer don’t want to profit (impossible) as much can launch average 1200 looking at land price instead of the current average of more than 1350psf
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Old 21-05-2020, 07:23 PM   #1887
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*Treasure At Tampines*
Going.. Going.. Gone..
Last 1 bedroom unit *SOLD*

*1 bedroom and 1+Study FULLY SOLD*

Best Selling Private Development in 2019 and Q1 2020!

Price start from $804K
Limited 2 bed 1 bath.
Counting down now! 💣

*Attractive Price*
2 Bed 1 Bath from $804K
2 Bed Premium from $895K
2+Study from $901K
3 Bedroom from $1.13M
3 Bed Premium from $1.3M
4 Bedroom from $1.534M
5 Bedroom from $1.890M
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Old 21-05-2020, 07:24 PM   #1888
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*Treasure At Tampines*
Going.. Going.. Gone..
Last 1 bedroom unit *SOLD*

*1 bedroom and 1+Study FULLY SOLD*

Best Selling Private Development in 2019 and Q1 2020!

Price start from $804K
Limited 2 bed 1 bath.
Counting down now! 💣

*Attractive Price*
2 Bed 1 Bath from $804K
2 Bed Premium from $895K
2+Study from $901K
3 Bedroom from $1.13M
3 Bed Premium from $1.3M
4 Bedroom from $1.534M
5 Bedroom from $1.890M
R u an agent too...
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Old 21-05-2020, 07:28 PM   #1889
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R u an agent too...
Sure

There were about 180 new launch sales since April 7.

Out of 30600 agents, 30420 agents starve.
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Old 21-05-2020, 07:35 PM   #1890
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Sure

There were about 180 new launch sales since April 7.

Out of 30600 agents, 30420 agents starve.
Lol... so u r an agent or not
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