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 which are both by MCC Land. 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. In particular, developments located in the east as well as the Sengkang area such as Treasure Crest will be highly sought after by buyers. The reason is because Treasure Crest EC is located near to Seletar Aerospace and The Tapestry which is located near to Treasure Crest EC is also located near to Seletar Aerospace Hub as well. Treasure Crest EC is highly anticipated by buyers and it is fully sold.
Inspiration from an Astounding World of Beauty
Like an intricate masterpiece of undeniable beauty, The Tapestry is an astounding world which draws inspiration from the richness of life. Its distinctive architecture uses a modern and unique curtain watt feature that is mostly seen in high—end luxury homes. Located along Tampines St. 86, The Tapestry is close to the established Tampines Regional Centre and Pasir Ris estate.
Arrive home in style every day. Upon entering The Tapestry, be greeted by a grand Arrival Court. Take a dip in the impressive 100—metre Infinity Pool and the 50-metre Lap Pool. Enjoy family gatherings and parties at Club Tapestry that comes with extended alfresco seating by the lawn and gourmet kitchen facilities. The Tapestry is designed for the enjoyment of you and your family.
Enjoy thoughtful residential services, exclusively for all residents at The Tapestry. From private chef services, housekeeping services. Down to transport arrangements and more. Our Residential Services host will assist in fulfilling requests to cater to your lifestyle needs.
The new site plan at The Tapestry also indicated that there are many facilities that are highly sought after and unique in The Tapestry. For example, there is 2 main swimming pools and one of them is 100m long. This is a rare feature in many condominiums as a 100m swimming pool requires a large site to be constructed on.
Developments Near Tampines Gaining Popularity
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. Other developments located near to the Sengkang area are The Vales as well located at Anchorvale Lane and Sengkang central area. Recently, developments around in the east area such as Punggol and Sengkang have been gaining traction lately due to the fact that Changi Airport Terminal 5 will be opening up and this would mean for amenities for residents living in the east as well as the North East area. Developments in Punggol which are near to the MRT Station such as Ecopolitan EC is fully sold and gaining attention. Ecopolitan is just 20 minutes away from Changi Airport via Tampines Expressway (TPE). The Tapestry is also near to many golf clubs for some leisure time with the family. The Tapestry is also near to many continental school as well as other academic institutions for your consideration.
The Tapestry Academic Institutions Tampines Hub
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 features floor to height ceiling windows and therefore will allow natural sunlight into the rooms in any floor of the development. The new realities of real estate investing to allow natural light is welcomed by many owners of the development. For buyers looking at east side developments, there is also a new development with waterfront views at Riverfront Residences which is located at Hougang Avenue 7. The developer for Riverfront Residences is Oxley Holdings.
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. There are also many golf clubs and the windows allow viewing into the palm trees right outside the development. There is also many continental school located around in Tampines Street 86.
Developments near the Bartley area near to The Tapestry is also getting with developments such as Bartley Ridge which is located at the Bidadari area which is considered city fringe near to Bartley MRT Station.
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. For core city centre lovers, there is a new development located at River Valley Road. The name of the development is RV Millenia and is a freehold development.
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.
City Developments Limited Lush Acres 100m Swimming Pool
City Developments Limited (CDL) is the developer for many iconic developments in Singapore. In particular, CDL is very extensive in the Sengkang and Tampines area with the development of the highly anticipated Lush Acres EC in Fernvale. Lush Acres EC consist of a 100m swimming pool that is featured in The Tapestry as well which is signature for many of the developments by CDL. Lush Acres is fully sold and have received great reviews on the development. Developments in the east are getting more popular as well with the sales of The Inflora. The Inflora by Hong Leong Holdings at Flora Road Flora Drive has now been fully sold as well which is near to The Tapestry.
Recent Cooling Measures on Private Property Owners
Recently, the government has introduced an additional round of cooling measures on home ownership in Singapore. In particular, there is increase in stamp duty that is payable for 2nd property owners. The increase is from the current 7% to 12% and this makes owning an investment property more expensive. Therefore buyers will be looking at smaller quantum properties such as The Tapestry where the quantum is lower and buyers will have to pay less for the stamp duties.
The Tapestry by City Developments Limited CDL
The Tapestry represents one of the best investments and there are many floors available for your consideration. The realities of real estate investing is that that are different floors available in The Tapestry and the higher floors are generally more popular if the incremental in the pricing isn’t too much. The Tapestry allow buyers to have a board view of the Tampines area and will be an ideal investment home. Please register your interest for showflat viewing to beat the crowd and enjoy the best pricings.