CapitaLand and UOL-SingLand’s 50-50 Joint Venture: 1,190 New Homes and Retail Amenities Planned for Tampines Ave 11 Condo
The joint venture’s stake distribution for the Tampines Avenue 11 Condo was revealed on June 27. CapitaLand has retained a 50% stake, with UOL and SingLand equally splitting up the rest. This mixed-use development is expected to house 1,190 new homes, along with retail and community amenities to cater to the rising population in Tampines North. It is anticipated to provide an extensive range of facilities for the local residents.
The distribution of stakes for the Tampines Ave 11 Condo joint venture has been established with CapitaLand taking a 50% share and UOL and SingLand splitting the remaining half. As revealed in a press release on June 27, the joint venture will create a mixed-use development featuring 1,190 new homes, as well as retail and community amenities to cater to the needs of the growing population in Tampines North.
Mixed-use projects, in which multiple uses are integrated into a single development, can promote a healthier lifestyle and contribute to global sustainability goals by reducing dependence on private transport and promoting walking or cycling. Not only can this lead to a healthier lifestyle but can also help lower carbon emissions.
It has a strong focus on experiential learning, which is complemented by community service and outdoor activities.
Another esteemed educational institute located nearby is the United World College of South East Asia (UWCSEA). As one of the most distinguished international schools in Singapore, students from kindergarten through high school can access the International Baccalaureate (IB) curriculum. UWCSEA is dedicated to the highest level of academic proficiency, intercultural understanding, and personal growth. The school incorporates experiential learning with external service and exciting outdoor activities, thus allowing students to gain a well-rounded education.
Mixed-use developments provide incomparable convenience, with essential amenities such as shops, eateries, and supermarkets often situated within the development itself, allowing for a more streamlined and efficient lifestyle. Tampines Avenue 11 Condo is an example of this, featuring a hawker centre and bus interchange within the premises, allowing for extra ease and comfort for the residents.
Mixed-use developments are changing the way condominiums are being designed and developed, leading to an increasing number of projects that offer a unique combination of convenience and lifestyle. Tampines Avenue 11 Condo is an excellent example of such a development, and many more such projects are likely to come up in the future.
The emphasis on character development helps students become more responsible and self-disciplined individuals.
For secondary education, Tampines is a great choice, boasting renowned schools such as Junyuan Secondary School, Springfield Secondary School, and St. Hilda’s Secondary School. These schools are highly committed to offering a comprehensive curriculum, with emphasis placed on academics, arts, sports, and character development. Through this well-rounded education, students are encouraged to become more responsible and self-disciplined. Different interests and strengths are also taken into consideration, providing a diverse learning experience.
Mixed-use developments can offer enhanced conveniences and amenities that could potentially lead to increased property values and heightened rental demand. For those seeking a lifestyle of convenience, these types of developments may be perceived as having a greater value and thus command a higher premium. Furthermore, the mix of both commercial and residential spaces also presents a varied and diverse range of revenue streams, potentially leading to higher returns on investment.
The URA Master Plan envisages the development of Tampines North as a “green shoot and bud” of Tampines, offering an enriched environment for living, playing, and working. Located in this precinct, Tampines Ave 11 Condo is set to enjoy a slew of new parks, housing, and commercial facilities planned for the area.
The Master Plan recognises Tampines as a key regional centre, meaning more job prospects can be found near residents’ homes. This includes Tampines Regional Centre, Singapore’s first regional centre, and the nearby Changi Business Park, a major business hub. Therefore, staying at Tampines Ave 11 Condo would shorten commutes for those employed in the mentioned areas.
The residents of Tampines Ave 11 Condo get to enjoy the convenience of having Changi Airport nearby, which is just a convenient ride away via the PIE. This makes it especially beneficial for people who travel often or have to work in the multinational corporations located at the Changi Business Park, allowing them to have an easy and stress-free journey.
Mixed-use developments create an atmosphere that promotes interaction and encourages a sense of community among inhabitants. Amenities that are shared by residents give them a place to socialize, while commercial spaces act as gathering places where locals can come together and converse. This helps to cultivate a vibrant, community-focused lifestyle that can benefit those who live there.
The Tampines Round Market & Food Centre is a mecca for the food lovers of Tampines. This vibrant food centre has become a favourite for its plethora of hawker stalls offering some of Singapore’s most coveted culinary delights. Daily, this bustling market fills up with locals who come to savour the delicious, affordable meals on offer. It’s a hub of activity from morning till late night.
Mixed-use developments, such as Tampines Avenue 11 Condo, offer residents a more enriched lifestyle with the amenities and facilities they provide. From leisure and entertainment to wellness, the variety of activities ensures residents can find ample opportunities for relaxation and recreation. Furthermore, the presence of a community club helps foster a sense of neighborliness and allows residents to engage in a diversity of activities.
The Singapore University of Technology and Design (SUTD) is the fourth autonomous university in Singapore, located in the same area. It is distinguished by its unique design-centric education that encourages and rewards innovation and creativity. Families of older children looking for higher education options will find having such a prestigious university nearby to be a huge benefit.
With its great academic track record, parents will know that their children are in good hands when enrolled in one of these schools.
Tampines Ave 11 Condo is fortunate to be surrounded by some of the top-notch primary schools in the area, including Poi Ching School, Junyuan Primary School and St. Hilda’s Primary School. These schools share a unique academic philosophy – to provide a well-rounded and holistic education for their students, which encompasses excellence in academics, character building, as well as extracurricular activities. Moreover, great emphasis is also placed on parent involvement, creating an environment of community and camaraderie. Parents can rest assured that their children will be well taken care of and provided with a conducive learning environment at these prestigious institutions.
The strategic location of Tampines Ave 11 Condo in Singapore, complemented by its excellent connectivity to various parts of the island, offers residents an incredible level of convenience that could open up a myriad of possibilities and appreciation in property value in the future. Its advantageous position near an array of transportation options makes this property a desirable option in the eye of both homebuyers and investors.
Situated in a veritable paradise of shopping centres and culinary delights, Tampines Ave 11 Condo offers a completely unique lifestyle for those looking for an urban living experience. With plenty of amenities available in the vicinity, the residents of this condominium can enjoy a luxurious stay with a perfect mix of comfort, convenience and entertainment. Whether you prefer to shop to your heart’s content, indulge in a plethora of food choices, or both, the Tampines Ave 11 Condo is a perfect residential option for you.
While standalone condominiums offer private residential spaces, they may not have the same commercial and communal features as other residential options. This can lead to a lack of convenience for residents who may have to venture out for necessities like amenities, dining, or entertainment. Furthermore, due to the confined nature of a standalone residence, the sense of community may not be as strong as in other residential locations.
Tampines Ave 11 Condo stands out from other residential locations in Singapore due to its exceptional connectivity. Residents are able to easily access a variety of public transport networks and major expressways, providing them with an immense level of convenience. Thus, regardless of whether individuals want to take public transport or drive, the prime residential location can easily provide them with the opportunity to do so. As a result, it is likely that the development’s desirability and property values will be increased in the future.
Mixed-use developments like the Tampines Avenue 11 Condo are becoming increasingly sought-after owing to their greater convenience and enhanced lifestyle advantages over traditional, singular condominiums. By amalgamating residential, commercial, and communal spaces into one development, a livelier, self-sustaining environment is created that has manifold benefits.
At Tampines Ave 11 Condo, a sumptuous selection of delectable eats awaits. Residents have a plethora of food choices, encompassing both local delicacies and international fare. The neighbourhood is home to numerous eateries and food courts, each offering something special to tantalize your taste buds. From classic hawker food to contemporary fusion cuisine and exquisite fine dining, it’s all within easy reach.
The Quarry Park and the Boulevard Park are set to become two of Tampines North’s newest recreational spots. Located close to the Tampines Ave 11 Condo development, the Quarry Park will provide a picturesque water feature for visitors. This new park will offer easy access to residents of the nearby condo. Meanwhile, Boulevard Park will offer a green link between different parts of Tampines North, running along Tampines North Boulevard. Both parks will be a welcome addition to the area, providing a pleasant place for locals to unwind and relax.
Residents of Tampines Ave 11 Condo will have access to spacious, secure, and well-lit parking facilities which can comfortably accommodate their vehicles. The multi-level parking facilities provide peace of mind to those who own cars, giving them assurance that their vehicles will be safe and secure while parked.
Covering an impressive 545,314 sq ft, the Tampines Ave 11 Condo on Tampines Avenue 11 is earmarked for a future mixed-use development. It will have a combination of commercial and residential properties, along with a bus interchange, a community club, and a hawker centre, for a holistic living experience.
Tampines Ave 11 Condo is primed to satisfy the ever-increasing demand for private housing in the Outside Central Region, offering a brand-new influx of mass-market units. The integrated development is likely to resonate with a wide variety of homeowner-occupiers and HDB upgraders, due to its impending link to the upcoming Tampines North MRT station on the Cross Island Line.
Whether people are traveling to work or simply out exploring, the PIE, TPE and KPE expressways provide unrivalled convenience for getting around Singapore. The PIE offers convenient access to the Central Business District, while the TPE and KPE lead to the northern and central areas of the island, respectively. Thus, these expressways offer unparalleled connectivity for Singaporeans.
The beautifully located Tampines Ave 11 Condo, an eagerly anticipated mixed-use development, stands out amidst other residential properties in Singapore’s East area. Its remarkable connectivity both via public transport and vehicles makes it a preferred abode for locals. The doorstep infrastructure of this residence comprising MRT stations, buses and extensive expressways provides residents with unequalled convenience.
Tampines is home to not only schools, but a wide variety of tuition centres and enrichment schools as well. Such establishments provide students with the opportunity to gain extra academic assistance in order to excel in their studies. With offerings ranging from language courses to science and mathematics tuitions, parents can rest assured that their child’s educational growth can be fostered in the neighbourhood.
Tampines is identified as a cycling town in Singapore’s Master Plan and there will be more cycling paths in the existing network. This allows for a safer and more enjoyable cycling experience for the residents of Tampines Ave 11 Condo. Cycling provides an alternative mode of transportation, which promotes a healthier and more sustainable way of life.
The Master Plan also highlights new commercial facilities, in addition to green spaces. Soon, the Tampines North Hub, a mixed-development, will come into being and provide Tampines Ave 11 Condo residents with a range of amenities such as community services, retail outlets, as well as food and beverage options.
Public buses play an essential role in the transport ecosystem. Tampines Ave 11 Condo enjoys ideal proximity to a broad range of bus services. Additionally, a bus interchange is set to be developed onsite to further augment the transport convenience for its occupants. This interchange is expected to facilitate swift access to various parts of the city, thus shortening the daily commute for residents.
The neighbourhood offers a variety of local specialties in addition to a broad selection of international dining options. Residents can sample a wide range of global flavours, from Japanese and Korean dishes to Western cuisine, without having to journey far.
Tampines Ave 11 Condo, with its close proximity to a variety of quality educational institutions, makes it an ideal place for those looking to provide the best possible education for their children. From pre-school to tertiary level, there is a school available to suit the needs of all residents living in this development, making it an ideal environment to raise a family.
In conclusion, the URA Master Plan for Tampines will bring numerous advantages to Tampines Ave 11 Condo. The upgrades in infrastructure, transport links, parks, commercial offerings, and communal facilities will bolster the living experience of inhabitants, increasing the allure of this upcoming condo development. Consequently, investing in a property like Tampines Ave 11 Condo gives a chance to be part of a quickly transforming and vibrant neighbourhood, guaranteeing a satisfying and enriched living experience.
Situated within a stone’s throw of Tampines Ave 11 Condo, Temasek Polytechnic is one of Singapore’s most respected institutions. Offering a wide range of courses in the fields of business, information technology, design and applied sciences, the polytechnic has been furnished with state-of-the-art amenities and powerful industry links. This ensures its students are well-equipped for a productive and successful future.
The allure of a mixed-use development with large retail elements could mean that homebuyers are willing to pay beyond $2,100 psf for a residential unit in the future Tampines Ave 11 Condo joint venture. This is reflected in the bid of $885 psf ppr, which suggests potential selling prices starting at $1,900 psf.
The Hub will be equipped with a medical centre, polyclinic, long-term care facility, nursing home, and eldercare centre, providing comprehensive healthcare to residents. This will make it more convenient for patients to access the care they need in one place, while also creating more jobs in the local healthcare sector. The government is also partnering with the community to ensure healthcare needs of residents are met. For instance, the Health Promotion Board will work with schools, grassroots organisations, and senior activity centres to run health programmes and educational events to help raise awareness about health issues. Similarly, the Singapore Police Force and Emergency Medical Services will launch initiatives to help citizens in need of emergency assistance. Through these initiatives, the government and community can work together to foster an environment of better health and wellbeing for all.
Tampines 1 is a popular shopping destination that further adds to the retail diversity of the Tampines Ave 11 Condo locality. It boasts a diverse selection of shopping, dining, and lifestyle outlets, making it an ideal spot for people of all ages. Trendy boutiques and beauty salons are joined by a vast variety of eateries, meaning there is something for everyone at Tampines 1.
Residents at the Tampines Ave 11 Condo are provided with the convenience of having not just one but two MRT stations close by. The future Tampines North MRT station is only a short distance away, and the nearby Tampines North MRT station, connecting both the Downtown Line (DTL) and East West Line (EWL) is just a few minutes’ drive away providing residents even more transit options.
Tampines Ave 11 Condo is nestled within the neighbourhood of Tampines, a mature town in Singapore. Its strategic location gives easy access to a wide selection of top-notch schools, making it an ideal residence for families with kids of all ages – from pre-school to tertiary level. Being surrounded by such reputable educational institutions, Tampines Ave 11 Condo offers a great opportunity for families to ensure their kids are well-prepared for the future.
The close proximity of Tampines Ave 11 Condo to a range of educational institutions makes it an attractive proposition for students. Coupled with its extensive network of public transport, the condo offers a hassle-free commute to and from school. Students can easily hop on a bus, take the MRT, or opt for a leisurely walk to their respective educational institutions. These factors combine to make Tampines Ave 11 Condo an ideal residence for students and their families.
The residents of Tampines Ave 11 Condo are surrounded by a plethora of shopping centres and culinary choices, which makes for a great urban living experience. From major retail stores to a wide selection of food establishments, everything is at their fingertips.
Tampines Ave 11 Condo provides its residents with a desirable living location, situated in the Tampines North precinct of the Urban Redevelopment Authority’s Master Plan. Being close to the upcoming Tampines North Integrated Transport Hub, as part of the Cross Island Line (CRL), offers residents direct access to a number of other transport lines. This makes travelling across the city much more convenient, which adds to the appeal of this condo.
Building owners and residents are encouraged to participate in discussions and feedback to contribute to the ongoing development of the Tampines Regional Centre.
The Master Plan’s emphasis on community is unmistakable. New community centres and hawker centres are planned for the area, one of which will be part of a mixed-use development within Tampines Ave 11 Condo. The facilities are designed to foster a sense of togetherness, providing places for residents to meet and socialize. Building owners and residents are encouraged to take part in discussions and offer feedback in order to ensure that the Tampines Regional Centre keeps developing.
The URA Master Plan has provisions for enhancing the transport infrastructure in the vicinity. This includes the upcoming Cross Island Line (CRL), which will support the seamless connectivity of the residents. The new Tampines North MRT station, which will form part of the CRL, will be situated conveniently close to Tampines Ave 11 Condo, thus providing access to different locations in Singapore in the shortest possible time.
Exploring the array of shopping facilities in this condo is certainly an exciting prospect. As a mix use development, it offers a diverse selection of dining outlets and fashion boutiques. Moreover, its strategic location in the Tampines district stands it in good stead, being a stone’s throw away from some of Singapore’s most popular malls and shops. To give an example, Tampines Mall is simply a short distance away. As one of the most successful suburban malls in the country, it offers a plethora of retail options ranging from fashion, electronics to homeware. Whatever the shopper is searching for, Tampines Mall has a comprehensive choice of shops to meet their needs.
The Tampines Ave 11 Condo’s integrated development will bring about a further diversity of cuisine with the upcoming addition of a hawker centre. This will provide added convenience for residents, as they will be able to access a wide selection of local food without having to leave the property.
The final touch to the dynamic shopping destination is Jewel Changi Airport, just a short distance away. This world-class lifestyle hub is a blend of nature, shopping, and dining. Jewel features an array of 280 shops and restaurants, a colossal indoor waterfall, and a thriving indoor forest. All together, Jewel Changi Airport provides an incomparable retail experience.
Century Square, a major shopping centre nearby, has recently undergone a renovation, transforming it into a stunning six-story retail and lifestyle destination. This sprawling complex includes a cinema, a smorgasbord of eateries, and an array of stores, making it a perfect spot for everyone – from families to those travelling alone. With plenty of entertainment, dining, and retail offerings, Century Square is a great place to spend some time.
Standalone condos typically come equipped with fewer facilities than those found in mixed-use developments. Common amenities like pools, gyms, and outdoor grilling spots may be available, however, they may not offer the commercial spaces, community clubs, or public transportation access that are often found in mixed-use developments.
Set to be completed in 2023, the condominium project comes with a total site area of 261,911 square feet. It will comprise of 295 residential units and 94 commercial units, in addition to a host of amenities including a swimming pool, gym, and outdoor landscaped gardens.
The Tampines Ave 11 Condo marks the latest mixed-used development launching in Tampines North, Singapore. With a successful joint bid of $1.206 billion by UOL Group, Singapore Land (SingLand), and CapitaLand Development, the site stands to be developed into a condominium with 295 residential units and 94 commercial units. This bid, amounting to $885 per square foot per plot ratio (psf ppr), translates to a 13.9% increase over the next highest bid at $777 psf ppr. The condominium, set to be completed in 2023, will also feature amenities such as a swimming pool, gym, and outdoor landscaped gardens.
Parents looking for quality preschools in the Tampines Ave 11 Condo area have several options to choose from. PCF Sparkletots Preschool and My First Skool are two of the most prominent ones, providing a wide range of stimulating and engaging activities to ignite children’s curiosity and build a strong foundation for their educational development.
The URA Master Plan for Tampines sets forth a comprehensive and long-term vision for improving the liveability of the region. The strategies outlined by the Plan are expected to bring a wealth of benefits to Tampines Ave 11 Condo residents, including improved amenities, enhanced infrastructure and transport connectivity. These improvements will drastically increase the quality of life for those that call this vibrant and upcoming condo development their home.
For those who prefer to drive, the Tampines Ave 11 Condo offers convenient access to several major expressways. Located strategically, direct connections to the Pan Island Expressway (PIE) and Tampines Expressway (TPE) are just minutes away, allowing for effortless access to the other parts of Singapore. In addition, the Kallang-Paya Lebar Expressway (KPE) is also readily available, thus ensuring a smooth and easy journey across the island.