Kaeden Ong

Punggol condo close to selling out

Posted by Kaeden Ong on 17th June 2014 in Blog

There are only two units left for sale out of 882 apartments at A Treasure Trove condominium in Punggol, said its developer Sim Lian Group. Both are single level penthouses of seven bedrooms.

Responding to queries from PropertyGuru, the group added that construction work is progressing ahead of schedule and the project is expected to TOP in Q1 2015.

Earlier reports had stated that the condo, located close to Punggol MRT station and Punggol Waterway, would be ready in November next year.

Launched to the market in September 2011 at an average price of $866 psf, the development features 840 two- to four-bedroom units with sizes ranging from 775 sq ft to 1,658 sq ft. 42 penthouses of between 1,528 sq ft and 4,876 sq ft make up the balance.

Majority of the units were snapped up by Singaporeans with HDB addresses that are living in the vicinity of Punggol and Sengkang.

The project was made famous after Sim Lian announced it would be integrating the historic Matilda House, believed to be one of the oldest houses in Singapore, as part of the development of A Treasure Trove.

Built in 1902, the conservation bungalow had been in a state of decay before the site was acquired. It is currently undergoing a facelift to become a clubhouse with function room and gymnasium.

Other facilities at the 99-year leasehold development include a 50m lap pool, children’s playground and tennis court.

Credits: Property Guru

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