A Treasure Trove - New condo at Punggol by Sim Lian Group

[Ultroman]

Launching soon

Average $880psf

Check out http://a-treasure-trove.com/

[phantom_opera]

Sim Lian nervous now ... CAPL even worse ..

[I_RIDE_DEEP]

Very surprised, so little discussion on this project. I would thought there will be more interest on this dev since it is less than 200meters from Punggol Mrt.

[bargain hunter]

not much info yet rite? how to discuss?

the sengkang one by kepland first but even then, so little discussion!

Very surprised, so little discussion on this project. I would thought there will be more interest on this dev since it is less than 200meters from Punggol Mrt.

[Stoney Stone Stone]

Very surprised, so little discussion on this project. I would thought there will be more interest on this dev since it is less than 200meters from Punggol Mrt.

Project Facts

PROJECT NAME: A Treasure Trove
DEVELOPER: Sim Lian Group
ARCHITECT: Design Link Architects
LOCATION: 50 – 76 Punggol Walk
LAND SIZE: 296,298 sqft (approx)
PLOT RATIO: 3.0
DISTRICT: 19
TENURE: 99 years commencing from 9 March 2011
TOTAL NO. OF UNITS: 882
NO OF BLOCKS / STOREY: 14 Blocks of 16 Storeys each
EXPECTED TOP DATE: 30 November 2015
EXPECTED LEGAL COMPLETION DATE: 30 November 2018
NO. OF CAR PARK LOTS: 2 level of Basement Carparking – 809 Carkpark Lots + 14 Handicap Lots

FLOOR TO FLOOR CEILING HEIGHT:

• 2.90m or 2900mm (for 1st storey – 15th storey)
• 3.20m or 3200mm (for penthouse only – 16th storey)

FULL & LUXURIOUS CONDOMINIUM FACILITIES

• 50m Lap Pool
• Children’s Pool
• Spa Pool
• Hydro Gym
• Jacuzzi Pool
• Clubhouse with Function Room, Gymnasium and Reading Room
• 1 male changing/shower room with sauna; 1 female changing/shower room with sauna
• Pool Terrace
• Children’s Playground
• BBQ
• 1 Recreational Tennis Court
• Fitness Station

LIFTS:

• 1st Storey – 15th storey (4 units on each level serve by 2 lifts)
• 16th Storey – Penthouse (3 units on each level serve by 2 lifts)

UNIT TYPE & MIX:

• 2 Bedroom (775 sqft) – 210 units
• 2 Bedroom +Study (915 sqft) – 90 units
• 3 Bedroom (1,044 – 1,130sqft) – 270 units
• 3 Bedroom + study (1,206sqft) – 180 units
• 4 Bedroom (1,335sqft) – 90 units
• Penthouse (1,528sqft – 4,876sqft) – 42 units

APPLIANCES & FITTINGS:

• 600mm by 600mm Polished Porcelain Tiles with Timber Skirting
• Spa Bath to Penthouse units only
• High and low kitchen cabinets with Solid Top
• Oven provided for all unit types (Brand – BOSCH)
• Built-in wardrobe to all Bedrooms (excludes Study Room)
• Wall mounted single/multi split fan coil unit air-conditioning system provided to all Living, Dining, Bedrooms and Study only.
• Hot Water Supply shall be provided to all Bathrooms (exclude Kitchen, Wet & Dry Kitchen and W.C.).
  Units will be provided with gas water heater or electric strage heater where appropriate.
• Town Gas Supply to kitchen cooker hob will be provided to units where appropriate.
  Brand – BOSCH Cooker Hood & Hob

DEVELOPER’S PROJECT ACCOUNT:
United Overseas Bank ltd for Project Account No. 450-302-112-3 for Sim Lian JV (Punggol Central) Pte Ltd


http://www.punggoltreasuretrove.com/

[azeoprop]

Seems much more value for money than Luxurie @ sengkang...880psf vs 1100psf. Both similar walking distance to MRT.

The rental for punggol and sengkang about the same right?

[Ultroman]

Yes, The Luxurie is selling $1.1k vs ATT of only $880k. Cheapest 2 brm expected to start at $698k, both bedroom come with attached bathroom

Preview expected in early September

Do register http://a-treasure-trove.com to select a unit before preview.

[linchong84]

how much did sim lian paid for this piece of land?

[Ultroman]

only $406 psf ...much lower than The Luxurie

http://www.channelnewsasia.com/stori...097975/1/.html

[flagship74]

Madness px

[azeoprop]

Any floor plans to share?

[linchong84]

Madness px

880psf is madness price? u joking? Anything below 900psf is good catch for the current market.. But i suspect it is FROM 880psf, not AVG 880psf..

[hyenergix]

I think 880 psf is only for low floor lousy facing. Increment might b high for better units. Like NTUC give discount on v few items.

[flagship74]

880psf is madness price? u joking? Anything below 900psf is good catch for the current market.. But i suspect it is FROM 880psf, not AVG 880psf..

i expect the px will go down between the range of 650psf-680psf

[devilplate]

i expect the px will go down between the range of 650psf-680psf

Not now la bro...

So when u expect it to happen....set a timeline

[Ultroman]

Site Plan is out

http://a-treasure-trove.com/?page_id=61

[azeoprop]

Site Plan is out

http://a-treasure-trove.com/?page_id=61

The stacks facing the club house should get unblocked views....at least till the other side of the project.

[azeoprop]

Saw the 2 bedroom floor plan...got bomb shelter. Also strange to have no common bath, each bedroom got its own bath.

[hyenergix]

About $900k for 3 bedroom beside the MRT and town center. All units are nearly NS facing. Very affordable for the Seng Kang/Punggol/Pasir Ris upgraders. Since it only TOP in 2015, by then the current crisis should have subsided and the property market should be more vibrant. It should have good response.

[kane]

Is this nearer to the station as compared to prive?

[Ultroman]

Saw the 2 bedroom floor plan...got bomb shelter. Also strange to have no common bath, each bedroom got its own bath.

No worries ... Developer welcome feedback and you may request to opt for 1 attached bathroom and 1 common bathroom

[devilplate]

About $900k for 3 bedroom beside the MRT and town center. All units are nearly NS facing. Very affordable for the Seng Kang/Punggol/Pasir Ris upgraders. Since it only TOP in 2015, by then the current crisis should have subsided and the property market should be more vibrant. It should have good response.

U so sure meh?

Y not this debt crisis continues to drag on by pumping in qe3,4,5 and den finally burst in 2014?

Ppty px keeps on increasing and cannot cash out due to 4yrs ssd...lol

[solsys]

Hyperinflation. Don't believe the statistics but believe the prices that are manifesting before you.

[Regulators]

Heard frasers going to build a shopping mall the size of nex beside the mrt, can anyone verify?

[solsys]

U so sure meh?

Y not this debt crisis continues to drag on by pumping in qe3,4,5 and den finally burst in 2014?

Ppty px keeps on increasing and cannot cash out due to 4yrs ssd...lol

Pray hard for a revolutionary product that dramatically increase productivity and lifestyle, thus creating a new industry to generate employment.

It's the only hope while countries continue to print $$$.

Hopefully green tech takes off at low cost model and buildings all around embark on green retrofitting.

[iwantgizmos]

Heard frasers going to build a shopping mall the size of nex beside the mrt, can anyone verify?

wow. if this is true, it would be awesome...

[Regulators]

Frasers bidded the land for 7xxpsf. Future launches in the area will not be cheap

wow. if this is true, it would be awesome...

[Regulators]

Frasers bidded the land for 7xxpsf. Future launches in the area will not be cheap

wow. if this is true, it would be awesome...

[ysyap]

Yes, The Luxurie is selling $1.1k vs ATT of only $880k. Cheapest 2 brm expected to start at $698k, both bedroom come with attached bathroom

Preview expected in early September

Do register http://a-treasure-trove.com to select a unit before preview.

You are referring to 1.1mil?

[hyenergix]

U so sure meh?

Y not this debt crisis continues to drag on by pumping in qe3,4,5 and den finally burst in 2014?

Ppty px keeps on increasing and cannot cash out due to 4yrs ssd...lol

The more the QE, the higher the inflation. Even without QE3, property prices actually increased more than published figures in recent months, if you look at the facilities and materials quality provided by the developers. This is despite stronger SGD which by right should make construction materials, fuel and labor cheaper. If the buyers purchase in 2011 and the TOP is in 2014 or 2015, the 4-year SSD will be nearly over.

Assuming loan at 80% of $900k (3 bedders) = $720k. Monthly instalment = $2661, using interest rate of 2% over 30 years. It can be easily covered by renting out the HDB flat.