The Tampines Ave 11 Condo Capitaland project is proving to be attractive to potential buyers. Bids for the development have reached sky-high figures, with the joint venture behind the project submitting an offer of $885 psf ppr. This suggests that residential units within the development could be sold for as much as $1,900 psf. The potential of such a mixed-use development with plenty of retail space is likely to leave buyers willing to pay even more than $2,100 psf in the future.
The bid of $885 psf ppr by the joint venture behind the Tampines Ave 11 Condo project indicates that potential residential units in the future development could be sold at $1,900 psf. Given the appeal of mixed-use developments with generous amounts of retail space, it appears that homebuyers may be prepared to pay even higher prices of more than S$2,100 psf.
Situated within a residential, commercial, and industrial …