Tampines Ave 11 Condo Project Details
The Tampines Ave 11 Condo is an impressive new development that stands as a testament to the potential of Singapore’s rapidly developing residential landscape. The project, nestled in the heart of Tampines North, offers residents an integrated lifestyle combining residential, commercial, and community elements.
The Tampines Ave 11 Condo is jointly developed by UOL Group, Singapore Land, and CapitaLand Development, all of which have a reputable track record in Singapore’s real estate market. The development was purchased with a winning bid of $1.206 billion, translating to $885 psf ppr, reflecting the confidence the developers have in the potential and value of the project.
Sprawling over a site area of 545,314 sq ft, the development is planned to have a 99-year leasehold. The property is masterfully designed to integrate residential and commercial units harmoniously, incorporating a bus interchange, a community club, and a hawker centre. The design makes it possible for residents to enjoy a wide array of amenities right at their doorstep, reflecting a modern urban living concept.
The joint venture plans to develop approximately 1,190 residential units in the Tampines Ave 11 Condo. These units will cater to different family sizes and preferences, from single-bedroom units for individuals or couples to larger units for families. All residential units are designed with an emphasis on functionality and modern aesthetics, offering comfortable and luxurious living spaces.
Moreover, CapitaLand will hold a 50% stake in the project, with UOL and SingLand holding the remaining 50%. This joint venture brings together the unique strengths and experiences of these leading developers, ensuring the highest quality and standards in the construction and design of the condo.
The commercial and community amenities planned within the development aim to cater to the lifestyle needs of the growing residential population in Tampines North. With the increase in population and the development of Tampines as a regional centre, the retail elements of the project will provide valuable services and create a vibrant communal space.
The mixed-use development of Tampines Ave 11 Condo is strategically located close to the Tampines North MRT station on the upcoming Cross Island Line. This excellent connectivity means that residents can easily access other parts of Singapore, making this a highly desirable location for both homeowners and investors.
In terms of facilities, while specific details are yet to be released as of this writing, potential residents can expect a range of luxurious amenities typical of such developments. These may include a swimming pool, gymnasium, BBQ pits, children’s playground, and function rooms, among others, offering a wide range of activities for all ages and interests.
Another key feature of the Tampines Ave 11 Condo development is its proximity to numerous established schools, shopping centres, and food options. All of these factors contribute significantly to the convenience and lifestyle of the residents.
To summarise, Tampines Ave 11 Condo, with its unique mixed-use concept and strategic location, presents an exceptional residential opportunity. Its well-planned amenities and connectivity, coupled with the expertise of the top-tier developers, make it an attractive proposition for both homeowners and investors. As the URA Master Plan for Tampines unfolds, the value of properties such as Tampines Ave 11 Condo is set to appreciate, making it a sound investment in Singapore’s growing residential market.