The Tapestry Condo by City Developments Limited at Tampines
The Tapestry is a 99-years leasehold private development by City Developments Limited (CDL). There were a total of 9 bidders for the plot of land at Tampines Avenue 10 and the top bid of S$370.1 million was submitted by CDL.
The Tampines site near to Tampines Street 86 is released under the Government Land Sales Programme in the 1st half of 2017 and sits on a site area of 233,767 sqft. Under the plot ratio of 2.8, the gross floor area of the Tampines Ave 10 Parcel C site will be 654,553 sqft. City Developments Limited plan to build around 800 units for the plot of land which is located near to Bedok Reservoir as well as Temasek Polytechnic.
Analyst note that despite the land not being close to MRT Station, the property market is still very upbeat as sales was robust at the neighbouring The Alps Residences as well as The Santorini. The site is considered the last plot of land near to Bedok Reservoir where they will be plenty of water sports activities available.
The Tapestry City Developments Limited (CDL)
The Tapestry has full and unique facilities, which includes a guard house, clubhouse, function room, indoor gym, tennis court, 50m swimming pool, sun deck, BBQ pits & children’s playground. Plans are also underway from CDL to include a childcare centre at the development as there might be families with children looking for a unit in The Tapestry.
The Tapestry Tampines Avenue 10
Several buses are available near Tampines Avenue 10 as well as Tampines Ave 8 which can take you to other parts of Singapore as well as the city area. The Tapestry Condo is also a short drive away to Tampines Hub where there are plenty of shopping centres such as Century Square, Tampines Mall as well as Tampines 1. There are also office buildings located at Tampines Hub such as CPF Tampines Building as well as Telepark.
For car owners, The Tapestry Tampines Ave 10 is also easily accessible as it is located near to Pan Island Expressway(PIE) as well as Tampines Expressway (TPE). Traveling to Changi Airport as well as to the Paya Lebar and CBD area is therefore a short drive away. The development is also near to Tampines Bus Interchange.
The Tapestry will also be accessible from many academic institutions such as Temasek Polytechnic, Springfield Secondary School as well as Junyuan Secondary School. St Hilda’s Primary and Secondary School is also located around the area. Plans are underway to build a new development that consist of 861 luxury residential units right in the heart of Tampines.
The Tapestry Condo Parcel C Tampines Street 86
The Tapestry City Developments Limited represents one of the last pieces of land to be released for sale in Tampines and Tampines Avenue 10 after QBay Residences, The Santorini and The Alps Residences are recently launched in the area. QBay Residences and The Santorini are fully sold out which represents the fact that properties near to the Bedok Reservoir are highly sought after by developers and that Tampines Avenue 10 Parcel C which The Tapestry CDL Condo sits on is right in the centre of these developments.
The top bid for the plot of land was submitted by Bellevue Properties which is a wholly-owned subsidiary of listed property developer CDL. The top bids submitted by the developers also meant that there is a bullish view on the plots of land. The recent sales at The Alps Residences as well as Grandeur Park Residences also encourage CDL to have a good view on The Tapestry.
The Tapestry in District 18 Showflat and Launching Date
The Tapestry Condo is right at the heart of District 18 in Tampines and will be an exciting launch by CDL which offers a quality product be it for investment purposes or for own stay. Please see the official website here for the showflat preview of the development. It will be launching around in early 2018. We offer the best developer pricing and discounts when dealing with the direct developer sales team for the development. Please kindly register for your interest here. We will be in touch with you once the showflat viewing dates as well as the booking dates are confirmed. The showflat will be available for viewing prior to the booking of the development. This is to facilitate buyers so that they can make a more informed decision before booking. The showflat will have actual dimensions of the units once it is completed together with the furnishings such as the flooring, appliances as well as the kitchen cabinets.