INSPIRED BY NATURE
THE ALPS RESIDENCES, with its sophisticated yet minimalist design inspired by the Swiss Alps, offers an unparalleled lifestyle through the pinnacle of architectural design and is set to be the most iconic landmark in its precinct. The iconic skyline cascades downwards with lush green terraces, offering a living experience close to nature. THE ALPS RESIDENCES comprises of 626 units of 1 to 4 bedroom unit types, as well as single level penthouses, catering to home buyers and investors alike.
ABUNDANCE OF AMENITIES
THE ALPS RESIDENCES is close to Tampines Regional Centre, where numerous malls such as Tampines Mall, Century Square and Tampines One offer a variety of shopping and dining options. The upcoming Our Tampines Hub, an exciting new integrated lifestyle hub offering retail, F&B, sports and recreation facilities, is also close by. Mega retail warehouses IKEA, Giant and Courts are located a short drive away. Residents will children will enjoy proximity to St Hilda’s Primary and Secondary School, Poi Ching School, United World College of South East Asia and Overseas Family School. Investors will take interest at the growth of the Changi Business Park, as well as employment opportunities arising from the expansion of Changi Airport Terminals 4 and 5 and Project Jewel.
The Alps Residences
|Developer||MCCLand (Tampines) Pte Ltd|
|Location/Address||Tampines Street 86|
|Site Area||15,660.40 sqm / Approx. 168,568.54 sqft|
|Total Units||626 residential units + 2 commercial shops|
|Tenure||99 years leasehold w.e.f 3 August 2015|
|Description||9 blocks of 15-storey residential development & 2 levels of basement carpark|
|Expected TOP||30 Jun 2020|
|Expected Legal Completion||30 Jun 2023|
|Total No. Car parks||627 lots exclusive of 5 handicapped lot & 104 bicycle lots|
|Architect||AGA Architects Pte Ltd & Group 8 Asia|
|Main Contractor||China Jingye Engineering Corporation Limited (Singapore Branch)|
|Interior Designer||Creative Mind Design (Showflats) / Sumisura (Sales Gallery)|
|Unit Types||1 Bedroom: 441 to 463sqft (56units)
1 Bedroom + Study: 495 – 506sqft (126units)
2 Bedroom: 689 – 700sqft (183units)
2 Bedroom + Study: 689sqft (55units)
3 Bedroom: 936 – 1087sqft (178units)
4 Bedroom: 1410sqft (22units)
4 Bedroom Penthouse: 1668 – 2088sqft (4units)
5 Bedroom + Study Penthouse: 2486sqft (2units)
The Alps Residences see 280 units sold on launch day, all eyes on Forest Woods
On Sunday, Oct 2, The Alps Residences saw 280 out of a total of 626 units sold by balloting, just a week after the private condo project in Tampines previewed on Sept 24. This means that 45% of the units were snapped up on the first day of launch.
Of the 280 units sold, over 80% were one- and two-bedroom units, which were priced from $491,000 to $806,000, or from under $1,000 psf to $1,200 psf. “We attribute the strong response to the highly efficient unit designs as well as competitive prices,” according to a spokesman for Alps Residences. “There seems to be a pent up demand in Tampines as there hasn’t been a new condominium launched since The Santorini.” The Santorini, a 597-unit private condo project is also located along Tampines Street 86, off Tampines Avenue 10. It was launched in April 2014.
All eyes are on the 519-unit private condo project Forest Woods, located on Lorong Lew Lian, off Upper Serangoon and Paya Lebar Road. The project previewed on the same weekend as The Alps Residences, and drew more than 2,000 visitors. Forest Woods will start sales by balloting on Sunday, October 9.
Forest Woods is jointly developed by listed property giant City Developments Ltd (CDL), Hong Leong Holdings and TID Pte Ltd. The project is said to be a five-minute walk from the nex shopping mall which is integrated with the Serangoon MRT Interchange station on the North-East and Circle Lines.
Units at Forest Woods are also competitively priced, with one-bedroom units starting from $688,000, and two-bedroom units from $838,000. Meanwhile, three-bedders are from $1.1 million, and four-bedders start from $1.65 million. About 52% of the units are made up of one- and two-bedroom types including two-bedroom-plus-study premium units. Sizes for the one-bedroom-plus-study units range from 506 to 517 sq ft, while the two-bedroom units, including those with study as well as premium units are sized from 603 to 904 sq ft. Three-bedroom units range from 743 to 1,184 sq ft, with four-bedders from 1,238 to 1,475 sq ft.
There hasn’t been a project of this size launched in the Serangoon Central area for a few years, says Chia Ngiang Hong, group general manager of CDL. “We have received strong interest.”
Forest Woods is jointly marketed by ERA Realty, Huttons Asia and PropNex Realty.
The project is expected to see equally strong sales. Word on the street is that more than 400 cheques have been collected from interested buyers. The absolute prices at Forest Woods translate to $1,327 to $1,461 psf, or an average of about $1,400 psf.
“It’s a quantum play, with one- and two-bedroom units priced below $1 million, and three-bedroom units just above $1 million,” says Desmond Sim, head of research for CBRE Singapore and South East Asia. “These two projects – The Alps Residences and Forest Woods – should add significantly to October’s new home sales.”