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Strong sales for CDL’s The Tapestry over first weekend launch

  • 70% of 450 units released sold
  • Early bird average selling price at S$1,310 per square foot
  • Buyers drawn to the project’s much sought-after location in mature Tampines estate near Tampines MRT station, Tampines West MRT station and Tampines bus interchange
  • Paralympic swimmer and medallist, Ms Theresa Goh, among buyers

City Developments Limited (CDL) commenced sales for the 861-unit The Tapestry on Saturday, 24 March. As at 5.00 pm on Sunday, 25 March, 315 units (or 70%) of the 450 units released have been sold.

Singapore, 25 March 2018 – City Developments Limited (CDL) commenced sales for the 861-unit The Tapestry (荟锦嘉园) on Saturday, 24 March. As at 5.00 pm on Sunday, 25 March, 315 units (or 70%) of the 450 units released have been sold.

Mr Chia Ngiang Hong, CDL Group General Manager said, “With the boost in sentiment for Singapore’s residential market, there has been high anticipation for The Tapestry which is the first premium suburban condominium to be launched in 2018. We are very encouraged by the overwhelming response on our first weekend launch.”

All unit types have enjoyed a good take-up rate, particularly the one- and two-bedroom types. Early bird average selling price is S$1,310 per square foot.

“Buyers are drawn to The Tapestry’s much sought-after location in the mature Tampines estate and attractive early bird pricing. It is an ideal residence with good rental potential, being near major transportation nodes, popular schools, amenities, offices and business parks,” Mr Chia added.

76% of the buyers are Singaporeans, while the remaining 24% are Permanent Residents and foreigners from Malaysia, China, India, Indonesia and Hong Kong.

Typical unit sizes at The Tapestry range from 441 square feet (sq ft) for a one-bedroom to 1,765 sq ft for the largest five-bedroom dual-key with study apartment. Attractive early-bird prices on the launch weekend started from S$596,000 for a one-bedroom, S$796,000 for a two-bedroom, S$1.15 million for a three-bedroom, S$1.65 million for a four-bedroom and S$2.1 million for a five-bedroom dual-key with study apartment.

Paralympic swimmer and medallist, Ms Theresa Goh (吴蕊思), bought a two-bedroom premium unit and plans to reside in it with her parents and four cats. The first-time homeowner said, “Unlike most condominiums, The Tapestry’s unit layout is very well-spaced, which is essential for me to manoeuvre my wheelchair with ease. The 100-metre Infinity Pool is a rare facility and, hopefully, this will encourage my mom to learn swimming. Our family used to live in the East side of Singapore before shifting to the West, so moving into The Tapestry will be a ‘home-coming’ for my parents and I. Besides the ideal location, the attractive pricing is another draw for me.”

Paralympic swimmer and medallist, Ms Theresa Goh (centre), bought a two-bedroom premium unit and plans to reside in it with her parents and four cats.

Ms Goh (centre) is drawn to The Tapestry’s well-spaced unit layout.

Located along Tampines Street 86, The Tapestry is just minutes to the Tampines MRT station (Tampines East West Line and Downtown Line (DTL)), Tampines West MRT station (DTL), Tampines bus interchange, established Tampines Regional Centre and newly-completed Our Tampines Hub. It is also a short drive to Changi Airport and Changi Business Park.

The Tapestry is about two kilometres to popular schools such as St. Hilda’s Primary and Secondary Schools. Other schools in the vicinity include Temasek Polytechnic, United World College of South East Asia (East Campus) and Singapore University of Technology and Design.

Residents will enjoy over 50 facilities across 10 exciting zones, including a 100-metre Infinity Pool, 50-metre Lap Pool, 24-hour Gymnasium, Hydrotherapy Pool and Club Tapestry, which comes with extended alfresco area by the Central Lawn and Gourmet Kitchen facilities. Each apartment is adorned with sleek designer fittings. The inclusion of a childcare centre at The Tapestry provides greater convenience to young families.

Residents will also have exclusive access to a dedicated Residential Services team that offers fee-based services tailored to their lifestyle needs, from private chef services, housekeeping, down to transport arrangements.

The Tapestry show flat, located along Tampines Grande near Tampines MRT Station, is open from 10.00 am to 7.00 pm. Marketing agents for The Tapestry are ERA Realty, Huttons Asia, OrangeTee and Tie and PropNex Realty. For enquiries, please call the sales hotline: (65) 8783 1818.