Street View On The Tapestry Tampines Ave 10

The Tapestry Showflat, The Tapestry Show Gallery, The Tapestry Show Suites

The Tapestry Condo Project Highlights

The Tapestry Highlights
Project NameThe Tapestry
DeveloperBellevue Properties Pte Ltd Subsidiary of City Developments Ltd
AddressTampines Avenue 10
Showflat LocationTampines Avenue 10 (Click here for more)
Developer Sales Hotline+6562710098
Est Indicative Selling Price RangeAbove S$1190 psf (Click here for more)
Tenure99 years
Estimated TOP Year2022
DescriptionHigh rise condominium at Tampines Ave 10 along Tampines Street 86
No of Units861
No of BlocksTBA
No of StoreyEstimated 15 Storeys
Units TypesTBA
Site Area21,717.7 m2
Gross Floor Area60,810 m2
Gross Plot Ratio2.8
Land Lot NumberMK28-07371N
The Tapestry gallery, The Tapestry salesroom, The Tapestry Condo Display

Tampines Avenue 10 – The Tapestry Condo By CDL

The Tapestry at Tampines Avenue 10 (Parcel C) was put out to tender on March 14th 2017 for residential development. The site area is 21,717.7 m2 with 60,810 m2 maximum gross floor area and 64 m maximum building height. The leasing period is 99 years and they were hoping for an estimated 715 units.The opening of the tender was released on the Confirmed List of the 1st half 2017 Government Land Sales (GLS) Programme.

When the tender for the 2.17ha residential sites on Tampines avenue closed, the urban redevelopment authority (URA) widely reported that they received 9 bids for the land.

The top 5 bids are understood to be:

  • Bellevue Properties @ $370.1 million
  • Kingsford Development @ $350 million
  • Qingjian Realty @ $345 million
  • Nanshan Group @ $327.9 million
  • Greatview investment @ $327.8 million

As reported, Bellevue Properties, a subsidiary of City Developments Limited had the highest tender by just short of $20 million which also represents a 5.7% margin over the closest bid price. With that bid, they won the tender outright.

When compared to recent land purchases for residential development, significantly their future neighbours The Alps residences and The Santorini, the top big is 17% higher than the bid for the land that The Alps Residence sits and similar to the pricing of land purchased to built The Santorini complex.

The Urban Redevelopment Authority made their decision with Bellevue Properties clearly the winner of the tender. Price per metre for the 2 neighbours are $1070-1090 and experts suggest that you can expect the development being tendered to be launched at similar pricing.

Many had put Bellevue properties, a subsidiary of developer giants CDL, as favourites to secure the tender, which turned out to be accurate. A CDL spokesperson is reported to have said “In the event that we are awarded the site, CDL will explore a condominium development of about 15 storeys with about 800 units. All units are expected to enjoy a North-South orientation and the development will also include a childcare centre on site”

In recent development launches, sales have done well. There’s been a recent decline in unsold units for the Grandeur Park Residences (located in Tanah Merah ) and The Seaside Residences (found on Siglap Road ).

The Tapestry – History About Tampines

Register for The Tapestry Condo

Tampines is a popular district located in the East region of Singapore. It borders Bedok and Paya Lebar to the west, Changi borders the east, Pasir Ris to the north, and the Singapore Straits to the south.

Tampines Town can be found in the northern region of the Tampines district and is the third largest Town in Singapore covering 2089 Hectares and is considered the regional centre for the East Region.

The region of Tampines started life covered by forest, swamps and sand quarries. In the forested areas, tempinis (Ironwood trees) grew in abundance, which is where the Tampines name came from.

In 1978, building on the new town started. Over the next 10-12 years, a variety of districts were developed covering 9 neighbourhoods that grew so quickly, the general area needed to be split into divisions, named Tampines East, Tampines West, Tampines North and Tampines Changkat.

Tampines has a superb infrastructure. Singapore decided very early that their urban planning policy should be based around creating self-sufficient towns, especially for commercial and recreational needs. Due to the limitation of space and the size of the population, they realized that they needed a policy that would ease the burden on traffic congestion leading into and away from Singapore centre. Regional centres were the answer and Tampines represents one of those centres. (Woodlands, Jurong East, and Future Seletar). The result is that Tampines is not only self-contained regarding serving local residents, it also has the infrastructure in place to be able to serve the entire East Region.

Developers for The Tapestry Condo – City Developments Ltd (CDL)

Introducing The developers : City Development Limited.

The winners of the tender for The Tapestry were Bellevue Properties, which is a subsidiary of City Development Limited (CDL). The Singapore-based real estate giants have made a major impression on the Singapore skyline by building some of the finest developments in Singapore. They’ve been in the business for 50 years and have a sterling reputation. Their reach is not only limited to Singapore with a development portfolio that includes 90 locations in 26 countries around the world. Their property portfolio also includes residential, commercial, office, hotel, and shopping mall developments.

CDL started life in a small rented office, way back in 1963. They started with just eight employees and quickly established themselves by acquiring, developing and then selling properties and within two months had shares listed on the Malayan Stock Exchange.

Their first residential project was completed in 1965 and with it came the concept of having a ‘show flat’. Soon after CDL launched Singapore’s first high-rise residential property development, named City Towers.

From 1972, under the leadership of Mr. Kwek Hong Png, they developed a strategy to diversify their investment properties and by the 1980s they had become a major developer in Singapore with 21 residential properties and 12 investment properties, including properties in the Central Business District.

Following their strategy to diversify, they developed King’s Hotel, Orchid Inn and acquired The Glyndebourne. Today, their hospitality arm of CDL can boast of being Singapore’s international hotel groups, one of the largest in the world.

If you’re considering investing in property or looking for a home, CDL have a reputation of stability with over 50 years experience in development and over $3.5 billion in managed funds.

What’s Around The Tapestry Condo Tampines

Tapestry condo show suites

For shopping and retail, The Tapestry Tampines is represented with shopping malls, namely Tampines Mall, Century Square and Tampines 1. Here you’ll find an abundance of shops, supermarkets, restaurants, health and beauty services, services and other entertainment opportunities.

Outdoor leisure and community spaces are supported by 2 large parks and a collection of smaller community parks. The 2 main parks for the Tampines area are the Sunplaza Park, situated on avenues 7 and 9, and Tampines Eco Green found at the junction of avenues 12 and 9.

The community parks include Tampines North Park, Tampines Leisure Park, Tampines Central Park, Tampines Park, Festival Park, Tampines Green and Tampines Tree Garden. So the area is not short of green outside space.

A further 2 main parks are being planned to complement the influx of residents coming into the area thanks to the developments popping up around the region, for example, the development that was recently acquired on Tampines Avenue 10, by City Developments Limited.

For travel, both around the locale and around the Island, Tampines town and the region, in general, have an organized and effective collection of expressways including the Pan-Island Expressway and Tampines Expressway. Public transportation includes connections to Mass Rapid Transit (MRT): Tampines MRT Station, future Tampines West MRT Station and future Tampines and East MRT Station.

For education, the region boasts 12 primary schools and a further 9 secondary schools near The Tapestry Condominium.

How The Tapestry Fits Within the Government Master Plan

The Tapestry Vist to Showflat

The future is very prospective for the Tampines regions for The Tapestry, with plans to increase the infrastructure and quality of life in the region.

A plan to increase connectivity to the region is already in the process of being executed. Currently, the East-West MRT line serves the region but this will increase to include the Downtown line, Eastern Regional and Cross Island line. The Downtown line will help to take some of the burden of the East-West line which connects to the city centre.

For driving, major upgrades are planned to the existing infrastructure of expressways, all planned to reduce journey times around the region and in connecting to other areas of the island. The improvements include widening of roads, improving junctions and an improvement infrastructure in built up areas that suffer from bottleneck traffic around locations such as Changi General Hospital.

With regards to employment, there is a definitive plan to bring jobs closer to home. One component of this is to reduce journey times by improving the infrastructure so it takes less time to travel to work. But from within the region, a plan has been created to add more office and commercial space to allow companies to move into the region bringing jobs with them. 504,000 sqm are planned, which represents an increase of 40%.

The local government and planning departments have been planning proportionately. To complement the sale of land for condo developments, that will bring more people into the region, they have also put aside land for park projects, both for community parks and interim parks.

Together there is a plan to safeguard the parks they have, make them more accessible and increase the opportunity for sports and leisure activities in the region. Similar to Tampines Town Hub, they have plans to create centres for people to meet and socialize, with sporting facilities available for a whole host of different sports that will benefits the residents of The Tapestry.

Summary of The Tapestry Condo Tampines

The Tapestry condo Tampines Avenue 10 (Parcel C) estimated 861 units will be developed on the Tampines, as part of a 15 storey development plan that’s about to be fleshed out into a more concrete design.

CDL are one of the most respected developers in Singapore and have a massive footprint and diverse range of development projects across 26 countries around the world.

This upcoming project, The Tapestry will be located in Tampines, a really well connected and developed region of Singapore that is great for investment and raising a family. What makes this an exciting opportunity is the plans for the region to expand its infrastructure with the property prices are predicted to react positively in the next 10 year cycle.