There will soon be an integrated development at Tampines North.
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In the vibrant city-state of Singapore, the real estate landscape is always evolving. Amidst the urban sprawl, there’s a particular category of developments that commands the attention of both eager homebuyers and savvy investors – integrated developments. These unique projects are not only a rarity but also an embodiment of convenience and a modern lifestyle that today’s urban dwellers crave.
Picture this: an integrated development seamlessly blending residential luxury with key transportation hubs like MRT stations and bus interchanges, all while offering a vibrant array of commercial amenities, often crowned by a bustling retail mall.
Currently, Singapore boasts just over 20 such integrated developments, with two hidden gems tucked away in the Eastern region – Bedok Residences and Pasir Ris 8.
But soon, the landscape will evolve even further, with the emergence of a new gem in the heart of Tampines. With the success of ECs in Tampines such as Tenet, Tampines continues to hold the hearts of many Singapore real estate investors and owners.
Integrated Development at Tampines North : How did it get started
It all started with the government land sales tender in June 2023, a bidding war that saw three contenders vying for a prized 99-year leasehold mega plot in Tampines Avenue 11. The victor was none other than Topaz Residential Pte. Ltd. and Topaz Commercial Pte. Ltd., a formidable consortium comprising UOL, Singland, and Capitaland. This marks a historic collaboration between UOL and CapitaLand, with a 50% stake for each, while SingLand completes the trio. The top bid, a staggering $1.206 billion, translates to a land rate of $884.60 per square foot per plot ratio (psf ppr).
Nestled on a sprawling 5.07-hectare site within the burgeoning Tampines North estate, this development holds the promise of approximately 1,190 residential units and a generous 14,000 square meters of commercial space.
But what truly sets it apart is its intimate connection to the future Tampines North MRT station, a bus interchange, a vibrant hawker center, a community club, and a host of other commercial attractions.
Tampines North MRT Station (CR6) is an underground station along the Cross Island Line (CRL) Phase 1. The station is located underneath Tampines Avenue 11, at the junction with Tampines Avenue 6 and Tampines North Drive 2, which are future roads which will serve the upcoming Tampines North residential town.
Integrated Development at Tampines North : Convenience of an integrated development
In the heart of this bustling city, convenience reigns supreme. Imagine stepping out of your home and within moments, you’re sheltered from the rain on your way to the MRT station, transforming your daily commute into a seamless experience. And if you’re a working professional with a busy schedule, the convenience of a retail mall right at your doorstep becomes an invaluable asset.
The success stories of integrated developments like The Reserve Residences in Jalan Anak Bukit are a testament to this trend. Over a single weekend in May 2023, they sold more than 70% of their 732 units. And this is not an isolated case.
From the remarkable triumph of Compass Heights in Sengkang to the allure of Bedok Residences and Watertown in Punggol, and the charm of North Park Residences and Park Place Residences at PLQ, integrated developments consistently win the hearts of homebuyers.
What’s more, these projects tend to appreciate in value upon completion, maintain their allure, and command superior rental rates compared to neighboring condominiums.
MRT
But it’s not just about living well; it’s also about staying connected. The Tampines Avenue 11 site will seamlessly integrate with the Tampines North MRT station on the Cross-Island Line (CRL), Singapore’s eighth MRT line and the longest fully underground route, stretching over 50 kilometers. This vital artery will link commuters to key commercial hubs like Jurong Lake District, Punggol Digital District, and Changi, ensuring that Singapore’s diverse landscape is within easy reach.
According to the Land Transport Authority, the CRL will boast the highest number of interchange stations, offering commuters a myriad of travel routes to choose from. It’s not just about convenience; it’s about efficiency. For instance, the Tampines North MRT station is a mere five stops from Ang Mo Kio, seven stops to Bright Hill, one stop to Pasir Ris, and two stops to Hougang. The Tampines North MRT station is slated for completion in 2030, with the CRL aiming for full operational readiness by 2032.
Schools
Families will find themselves spoiled for choice when it comes to schools, with a range of esteemed institutions in the vicinity. For recreation enthusiasts, the nearby Tampines Eco Green Park and Pasir Ris Park offer respite from the urban hustle with lush hiking trails and a plethora of outdoor activities.
Shopping
As if the on-site commercial offerings weren’t enough, residents can explore the upcoming Pasir Ris Mall, White Sands, Pasir Ris Central Hawker Centre, Downtown East, Giant hypermart, Courts Megastore, IKEA, as well as Tampines Mall, Century Square, and Tampines One in the Tampines Regional Centre.
Work
With the promising growth of industries like semiconductors and aviation in Tampines North, Pasir Ris, and Changi, the integrated development in Tampines Avenue 11 is poised to become a sought-after address, whether for leasing or making it your forever home.
Integrated Development at Tampines North : The Developers
Now, let’s turn the spotlight to the masterminds behind this visionary project. They were awarded the site at Tampines North Ave 11 in July 2023.
UOL Group
UOL Group stands as a prominent public-listed firm with a diversified portfolio spanning development and investment properties, hotels, and serviced suites across Asia, Oceania, Europe, and North America. Their impressive roster of residential projects in Singapore includes Principal Garden, The Clement Canopy, The Tre Ver, Meyer House, Clavon, Avenue South Residence, and Pinetree Hill.
Singapore Land Group
Singapore Land Group, formerly known as United Industrial Corporation Limited, is a subsidiary of UOL Group. It shares the same commitment to diversity with commercial investment properties, residential developments, hotels, and IT services. Noteworthy residential properties under their banner include Clavon, Avenue South Residence, The Tre Ver, V on Shenton, and Pinetree Hill.
CapitaLand
And then, there’s CapitaLand, a revered name in Singapore’s property development scene. Their expansive portfolio spans real estate investment management and development across more than 260 cities in over 40 countries. CapitaLand Development (CLD), their development arm, boasts a portfolio worth S$21.9 billion as of March 31, 2023. Their focus on core markets like Singapore, China, and Vietnam covers various asset classes, including integrated developments, retail, office, residential, business parks, industrial spaces, logistics, and data centers. Some of their standout projects include Jewel Changi Airport, One Pearl Bank, CapitaSpring, and Canninghill Piers.
Integrated Development at Tampines North : Conclusion
In conclusion, as the urban landscape of Singapore continues to evolve, integrated developments like the one in Tampines Avenue 11 promise not just modern living but also a gateway to a future where convenience, connectivity, and community come together to redefine city living.
