This plot of land the Tapestry condo is sitting on is highly contested by 9 hopeful bidders upon the tender closure on 25th April 2017. Located diagonally opposite the Tampines Quarry, the land is eventually sold to Bellevue Properties, a wholly owned subsidiary of CDL who submitted a top bid of SGD $370.1 million. This translate to a Tampines avenue 10 condo psf of SGD $565.42 per plot ratio which is also 17.2% higher than the land price of Alps Residences that MCC Land paid for at S$483 per square foot per plot ratio. Comparing to the adjacent projects such as The Santorini and Alps Residences which are selling at an average price of $1070 to $1090 psf, analysts are expecting the Tapestry condo price to be in the range of $1200 psf. This is in consideration of the construction and other miscellaneous costs on top of the land price that CDL paid for. Please kindly fill in the Contact Us form to view the Tapestry condo showflat NOW! Excellent Connectivity – Tampines avenue 10 condo location is exceptional. Residents can to the rest of the island easily using major expressways and viaducts that is located nearby. Drivers exiting from Tapestry condo Tampines is able to get to the central area by way of the Bartley viaduct, it links up Bartley road, Braddell road and Bishan with ease with no traffic lights. Comprehensive Condo Facilities – Tapestry condo review should be superb with its well planned facilities within to provide a lifestyle packed with activities and yet conducive for families to live in
The Toh Tuck road condo site was the talk of the town during the launch of government land sales in the second quarter of 2016. Anticipating the uptrend of Singapore’s real estate market, it attracted a whopping 24 land-hungry developers to participate in the bidding with Malaysian developer SP Setia emerging winner. Submitting the highest bid at SGD $265 million, SP Setia International (S) Pte Ltd’s offer translates to a Daintree Residence price of land at $939 per square foot based on the maximum permissible gross floor area (GFA) of 26,210 square meter (282,122 square feet).
Bearing a plot ratio of 1.4, Daintree Residence is expected to feature 327 units luxurious residential units in multiple towers of 5 storeys in height. The development is a short walk away from Beauty World MRT station that serves the Downtown Line 2 and shopping complexes such as Bukit Timah Shopping Centre, Beauty World Center and Beauty World Plaza. The Daintree Residence condo is also near to Bukit Batok Nature Park and Bukit Timah Nature Reserve for residents who enjoy outdoor activities.