PARKTOWN Residence, the residential part of Tampines Avenue 11’s mixed-use development, received a preliminary permit at the beginning of January 2019 for 1,195 housing units ranging from one-bedroom homes up to five-bedroom homes, all set among retail amenities designed to meet lifestyle demands of Tampines North’s ever-increasing resident population.
Tampines Avenue 11 in Singapore, home of the mixed-use development site established through a joint venture 50-50 project between UOL-SingLand Consortium and CapitaLand Development, was awarded as an affordable property at S$1.206 billion for a 99-year leasehold plot with a total area covering 545,511.1 square feet.
Employing the collective expertise of joint venture partners, this property is expected to transform into a thrilling commercial and residential development complete with PARKTOWN Tampines shopping mall. Furthermore, there will be an upcoming bus interchange community center and Hawker center, as well as direct links with Tampines North MRT station.
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Developer: UOL, Capitaland and SingLand
Tenure: 99 years
Site Area: 545,511 sqft
Total Units: Est 1190 Units
Expected TOP: 30 June 2030
Expected CSC: 30 June 2033