Treasure at Tampines Review: 2,203-Unit Condo on the Former Tampines Court Site

Short answer: Treasure at Tampines is a 99-year leasehold condo of 2,203 homes in 29 twelve-storey blocks at Tampines Lane, District 18. Sim Lian Group built it on the former Tampines Court, bought en bloc for S$970 million in 2017. It launched in March 2019 at an average S$1,280 psf, was completed in 2023 and is fully sold.

Updated 2 October 2026. This page replaces an earlier version that contained incorrect facts; see the correction note at the end.

What is Treasure at Tampines?


Developer	Sim Lian (Treasure) Pte Ltd, part of Sim Lian Group (reported at launch as a joint development of Sim Lian Group and Sim Lian Holdings)
Address	1 to 57 Tampines Lane, off Tampines Street 11 (District 18)
Tenure	99-year leasehold from 29 November 2018 (about 91 years left in October 2026)
Units	2,203 homes in 29 twelve-storey blocks, 33 layouts
Unit sizes	463 to 1,722 sq ft, one to five bedrooms
Site area	About 648,900 sq ft (about 6 ha)
Launched	March 2019 (preview from 15 March 2019)
Completed	2023 (TOP obtained)
Facilities	128 facilities, including 13 pools, a 24-hour gym and a two-storey clubhouse
Nearest MRT	Simei (EW3), about 670 m away; Tampines and Tampines West stations are also within about 1 km

Sources: EdgeProp, 15 March 2019 (en bloc, land size, blocks, layouts, sizes, facilities); EdgeProp project page (developer entity, addresses, lease start, completion); Sim Lian Group (TOP obtained, fully sold, facilities); EdgeProp, 9 April 2024 (MRT distances).

Why is Treasure at Tampines so large?

The site is the former Tampines Court, a privatised HUDC estate. Sim Lian Group bought it collectively in August 2017 for S$970 million. EdgeProp put the land rate at S$655 psf per plot ratio in one March 2019 report (15 March) and S$676 psf per plot ratio in another (17 March). The land is about 648,889 sq ft, which let Sim Lian build 2,203 homes (EdgeProp, 15 March 2019).

At launch, EdgeProp reported that Treasure at Tampines would be Singapore's largest private condo by unit count, overtaking d'Leedon's 1,715 units.

How much did Treasure at Tampines sell for at launch?

The first phase opened in March 2019. EdgeProp reported on 24 March 2019 that 272 of the 490 units released had sold, at an average of S$1,280 psf, and that about 7,000 people visited the sales gallery on the opening weekend. The marketing agents were OrangeTee & Tie, ERA and PropNex.

At S$1,280 psf, the smallest 463 sq ft unit works out to about S$593,000 (our arithmetic: 463 × S$1,280), but actual unit prices varied by stack and floor.

Sim Lian now lists the project as fully sold.

What are Treasure at Tampines prices now?

Measure	Figure	Source
Launch average (first phase, March 2019)	S$1,280 psf	EdgeProp via Yahoo, 24 March 2019
Resale price range, last 12 months	S$1,600 to S$2,107 psf	EdgeProp project page, checked 2 October 2026
Average or median, last 12 months	About S$1,800 psf (EdgeProp average; Stacked median from 123 sales)	EdgeProp; Stacked Homes
Profitable sub-sales and resales (EdgeProp analysis, April 2024)	273 of 273 transactions made a profit (269 sub-sales, 4 resales)	EdgeProp, 9 April 2024

Rental yield estimates differ by source. EdgeProp shows an average rent of about S$5.5 psf a month and a yield of 3.6%. Stacked Homes shows a median rent of S$3,300 a month across 485 leases and estimates a gross yield of about 2.5%. Neither figure includes costs such as maintenance fees, property tax or vacancy.

Past resale profits mostly reflect a rising market since 2019 and say nothing about future returns.

How far is Treasure at Tampines from the MRT?

The closest station is Simei on the East-West Line, about 670 m away according to EdgeProp. Stacked Homes estimates the walk at about 1.2 km, or roughly 15 minutes, depending on which block you start from. At launch, EdgeProp described four stations (Tampines, Tampines West, Tampines East and Simei) as 10 to 15 minutes' walk away.

Nearby malls include Eastpoint, Tampines Mall and Century Square (EdgeProp project page).

Which primary schools are near Treasure at Tampines?

Stacked Homes lists four primary schools within 1 km:

Changkat Primary School (about 670 m)
Chongzheng Primary School (about 690 m)
Yumin Primary School (about 730 m)
Tampines Primary School (about 820 m)

Distances are measured from the development, and with 29 blocks spread over about 6 ha, the distance from individual blocks may differ. Check each block's address on OneMap before relying on the 1 km priority rule.

What should buyers weigh at Treasure at Tampines?

Scale. With 2,203 homes, many similar units are often for sale or rent at the same time, which gives buyers and tenants plenty of choice and gives sellers plenty of competition.
Lease. The 99-year lease began on 29 November 2018, so about 91 years remain. See our guide to lease decay for when CPF and loan limits start to bite.
Walking distance. The nearest MRT station is several hundred metres away and the walk is longer from blocks at the far end of the site.
Facilities. 128 facilities and 13 pools are spread across the site, and maintenance costs are shared across 2,203 units.

This is a summary of trade-offs, not a recommendation to buy or sell.

FAQ

Who developed Treasure at Tampines? Sim Lian Group, through its project company Sim Lian (Treasure) Pte Ltd.

Is Treasure at Tampines freehold? No. It is a 99-year leasehold from 29 November 2018.

When was Treasure at Tampines completed? In 2023. Sim Lian says it has obtained its Temporary Occupation Permit.

How many units does Treasure at Tampines have? 2,203 homes in 29 twelve-storey blocks.

What was the launch price of Treasure at Tampines? The first phase in March 2019 sold 272 units at an average of S$1,280 psf, according to EdgeProp.

What is the nearest MRT to Treasure at Tampines? Simei MRT on the East-West Line, about 670 m away (EdgeProp) or about a 15-minute walk (Stacked Homes).

Correction

2 October 2026: An earlier version of this page gave the address as "51 Tampines Avenue 8", named Sim Lian Group (70%) and Hong Leong Holdings (30%) as developers, and said the lease began in 2017, the blocks were 25 storeys, units ranged from 441 to 1,701 sq ft, the site was 656,383 sq ft and the nearest MRT was Tampines, 850 m away. Treasure at Tampines is at Tampines Lane, was developed by Sim Lian Group, sits on a 99-year lease from 29 November 2018 in 29 twelve-storey blocks, has units of 463 to 1,722 sq ft on a site of about 648,889 sq ft, and its nearest station is Simei. Unsupported claims about a 60 m lap pool, a forest trail, nearby schools, launch prices of S$1,100 to S$1,300 psf, "six years of lease lost" and rental yields of 3.5% to 4.2% were removed, as was an offer of a paid "full report".

Disclaimer: This page is for information only and is not investment advice. SG Properties is not a licensed estate agency and is not affiliated with the developer.

Sources

EdgeProp: Treasure at Tampines, biggest launch of 2019 (15 March 2019)
EdgeProp via Yahoo Finance: Treasure at Tampines to launch at an average price of $1,280 psf (14 March 2019)
EdgeProp: 7,000 thronged Treasure at Tampines sales gallery on first weekend (17 March 2019)
EdgeProp via Yahoo Finance: A total of 272 units sold at Treasure at Tampines (24 March 2019)
EdgeProp: Project Spotlight, this Tampines condo had 273 sellers and all made money (9 April 2024)
EdgeProp: Treasure at Tampines project page (developer entity, addresses, lease start, 12-month prices and rents; checked 2 October 2026)
Sim Lian Group: Treasure at Tampines (blocks, site area, facilities, TOP, sales status)
Stacked Homes directory: Treasure at Tampines (schools, walking distance, median price and rent; checked 2 October 2026)