PARKTOWN Residence elevates urban living with homes within a mega mixed-use development in Tampines
13 Aug 2024
Share
Singapore, 13 August 2024 – PARKTOWN Residence, the residential component of mixed-use development site at Tampines Avenue 11, has obtained provisional permission in January this year to develop 1,195 residential units. With unit types ranging from 1- to 5-bedroom units, the residential development set amidst retail and community amenities will cater to the lifestyle needs of the growing residential population in Tampines North.
The mixed-use development site at Tampines Avenue 11 is a 50-50 joint venture project by UOL-SingLand consortium and CapitaLand Development. Awarded at S$1.206 billion or S$885 psf ppr in July 2023, the 99-year leasehold plot spans a total site area of 545,511 sq ft.
Leveraging the combined expertise of the joint venture partners, the site is set to be transformed into a vibrant residential and commercial development integrated with a retail mall PARKTOWN Tampines, a bus interchange, a community club, a hawker centre, and direct connectivity to the upcoming Tampines North MRT station.
Image: Housing & Development Board (HDB). Tampines Avenue 11 is set to be transformed into a vibrant residential and commercial development integrated with a retail mall, a bus interchange, a community club, a hawker centre, and direct connectivity to the upcoming Tampines North MRT station.
