One analyst pointed out that, looking further ahead long term, owners of HDB flats owned in the Bidadari area will also want to look into upgrading in the vicinity, a move that will further support Potong Pasir’s private home resale demand in the future. Investors will see that the rent ability level of these homes will be higher than what you would find in areas in the north-east.
It was noted by another consultant that, the government had given an estimate, during this parcel of land’s launch during the 1st half of 2014, of 685 residential units being built on the site. This would have meant that each unit would have an average Gross Floor Area of 809.6 square feet. However, Tampines Junior College 731 units have been created by the developer from the Gross Floor Area allowable, equating to an average square foot Gross Floor Area of 758.7 square feet for each unit.
Tampines Junior College Condo Flora Drive
It was surmised by the consultant that the projects prospects for leasing was a positive one due to the retail amenities near Dunman Secondary School, the new housing estate in Bidadari and Hong Leong Pasir Ris Condo, and the close distance to the Potong Pasir MRT station. However, he pointed out that competition could be seen in the area with 59% of the units being developed being under 90 square metres of area and falling within 300 meters of Potong Pasir’s MRT station at Singapore Expo. The development is called The Jovell Condo located at Flora Drive and Flora Road near to Changi Airport.
Whilst the orchard malls tended to have specialist stores and more luxury retailers the suburban malls tended to have more stores that sold every day staples instead of the more expensive luxury items. Most of the customers for the suburban malls are people that live within a two or three mile radius of any of the shopping centres and will get the bus to and from the mall to make shopping trips easy to carry out.
Changi Jewel Hong Leong Pasir Ris Condo
Bearing these factors in mind then it is perhaps not surprising that the the rental gap between the suburban malls and the orchard malls has reduced notably over the last few years in Changi Jewel. The economic situation in Singapore has meant that customers have tendered to concentrate on buying the every day basic foods and other essentials as opposed to going to an expensive retailer to buy premium items at Changi Airport for Tampines 1.
Dunman Secondary School Flora Drive Condo
Suburban malls with their limited catchment areas are less likely to be as hard hit in terms of falling income and stores during recessions because they tend to sell less expensive items, which people still need to buy whether there is a recession or a boom ongoing. People with limited budgets are generally going to stick to buying the goods for every day existence as opposed to spending their money on luxury items that they want to have yet do not need.
The Tapestry is another 99-year leasehold private development that was done by City Development Limited known as CDL. During its launch, a total of nine bidders made their bids with the highest bid of S$370.1 million that CDL submitted. Under the plot ratio of 2.8 with a gross floor 654,553 sqft. that was going to be composed of 800 units that will be available for the people who need decent housing in the process. This The Tapestry is going to redefine the looks of residential housing for those who would like to embrace serene environment at the same time having good times with the family members. The Tapestry Condo Tampines is a new development by City Developments Limited.
What are the common facilities about The Tapestry?
Here are the common social facilities:
1. Tampines Hub
Tampines Hub is an integrated community as well as lifestyle hub from the available backgrounds. The hub will offer some of hawkers an opportunity to provide sell some of their outfits for the visitors who will be coming in the area. In addition, it has sport facilities for those who need recreational activities living in the area.
2. Temasek Polytechnic
For those who may want to further their levels of education, Temasek Polytechnic offers short courses that one can take whenever they are living within the area. With the close proximity to the Bedok Reservoir and Tapestry CDL, the residents will always save time whenever they are living in the area.
3. Tapestry Tampines Avenue 10
With several buses terminals in the area, the residents will always have an easy access to the main CBD from the Tapestry Tampines Avenue 10. With many terminals in the process, you will always have an easy access to the main center of the City whenever they want to live in the area.
What are the shopping malls available at The Tapestry?
1. Centuary Square
2. Tampines Mall
3. Tampines One
During your shopping in any of the shopping malls, you will be able to shop there depending on your preference of the place whenever you want to get stuff for yourself.
Which Schools options available at The Tapestry?
The following are the schools:
1. Tamesek Polytechnic
2. United World Class of South East Asia
3. Junyuan Primary and Secondary schools
4. St. Hilda’s Primary and Secondary Schools
The Tapestry will have excellent and modern social amenities of facilities for those family members looking for those who need a place to have some fun. Some of the social amenities includes a clubhouse, a function room, a tennis court, a guardhouse, a swimming pool, playground for kids and indoor gym with BBQ that the family members can enjoy during their stay in the place. The Tapestry will choose from the options of modern bedroom units of 3, 4, or 5 depending the specifications as well as preference of family for those who need to buy them. This means that you can always get the best housing units that you will need whenever you need to stay in this cool neighbourhood.
In summary, when you look at this The Tapestry review, you will know how you can buy your family that residential property for refreshing lifestyle.