THE ALPS RESIDENCES: Tampines Condominium | Details & Reviews

Name: THE ALPS RESIDENCES
Brand: THE ALPS RESIDENCES
SKU: THE ALPS RESIDENCES
Rating: 3.7 (6 reviews)

The Alps Residences

Note: This project has high transaction volume. For performance reasons, a default 5-year time frame has been selected. You may change this in the Report Options above

Sale Price *

Average

S$ 1,469 psf

Range

S$ 1,357 - 1,609 psf

Rental Price **

Average

S$ 5.2 psf pm

Range

S$ 3.6 - 7.3 psf pm

Rental Yield **

4.3%

Rental income expressed as a percentage of the property's value.

Amenities

2.6

Convenience

3.7

Connectivity

Details

No data

*Based on URA sales data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

**Based on URA rental data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

Facilities

0 Facilities Available

Description

The Alps Residences is a leasehold (99 yrs from 2015, 99 years leasehold) condominium completed in 2019. It is developed by MCC LAND (TAMPINES) PTE LTD. The development occupies a land area of 15,660 sqm and a Gross Floor Area of 43,849 sqm. It consists of 626 units. According to records, buyers of this development are Singaporean 77.7%, PR 19.4%, Foreigner 2.9%, Company 0.0%.

THE ALPS RESIDENCES is located along Tampines Street 86 in Tampines, in District 18. It is accessible through the nearest MRTs including Tampines West DT31 and Tampines EW2, DT32.

Based on transaction data in the last 12 months, sale prices range from S$ 1,357 psf to S$ 1,609 psf at an average of S$ 1,469 psf. Its highest recorded transaction was S$ 1,699 psf in Feb 2023 for a 441-sqft unit. Its lowest recorded transaction was S$ 971 psf in Apr 2017 for a 1,087-sqft unit. Its current rental yield is at 4.3%. Other nearby amenities include: 3 Grocerie(s): NTUC FAIRPRICE CO-OPERATIVE LTD, U STARS SUPERMARKET PTE. LTD., NTUC FAIRPRICE CO-OPERATIVE LTD.

Buyers and tenants are attracted to District 18, which is comprised of Simei, Tampines and Pasir Ris. Simei is home to country clubs such as Tanah Merah Country Club and Laguna National Golf & Country Club. Nearby, the Singapore Expo complex annually holds international concerts, exhibitions and conventions. Tampines is Singapore's third largest new town by area, spanning over 289ha of land. Originally covered by forests and swamps, Tampines has evolved into a modern township with three shopping malls: Tampines 1, Century Square and Tampines mall, located in the heart of the regional centre. In 2006, IKEA opened its second outlet in Singapore at Tampines Retail Park, adjacent to two other mega retail warehouse stores by Courts and Giant. From its early days as a kampung, Pasir Ris has evolved to become a lively housing estate surrounded by the beach and sea. Another natural landmark in the neighbourhood is Pasir Ris Park, which houses a 6ha mangrove forest. Pasir Ris is also popular for its chalets and resorts in Downtown East.

With a land area of 11,000ha, the East Region is the smallest and second most densely populated of the five regions in Singapore. The region is a key aviation hub, housing the Paya Lebar Air Base and Changi Naval Base. Major airlines such as Singapore Airlines, Scoot and Jetstar also has their head offices in the area. Other major economic activity includes manufacturing, with industrial estates in Bedok, Changi, Pasir Ris, Tampines and Paya Lebar. Changi Business Park also hosts a number of MNCs such as Standard Chartered and IBM. Going forward, the government has plans to create more semi-conductor and aviation-related jobs at Tampines North, Pasir Ris and Changi. Aside from the bustling economic activity, residents benefit from a wide variety of green and play spaces in the region. Residents will also enjoy increased connectivity to other parts of Singapore with the upcoming Cross Island Line and Thomson-East Coast Line.

What they say

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1.2

"Avoid this condo due to imcompetence of Management team. They slap residences with parking charges for a second vehicle. The maintenance is a couple of hundred dollars and there are suffient carpark lots for 2 cars. They seem to be obsessed with the carpark while the general upkeep of the Estate is not great. My spouse and I have vehicles we need to use for work and family. I would not mind paying the extra parking if there were insufficient lots. Staying here is not that pleasant, and highlighting issues to the management is stresssful due to their defensive nature. Hope the residents will do something about this or lose more tenants. Infact, my landlord shared that he was thinking of selling his unit. He is waiting for a higher valuation. Having said that, the place is quite quiet if you enjoy being out of the city. Not many shops around though. "

L****

Tenant | 07 May 2024

"Awesome place. Quiet and we'll maintained."

A***** C***

Google Review | 24 Jul 2022

"Awesome condo ."

S***** E****

Google Review | 06 Apr 2022

"Highly unprofessional and inconsiderate security guards. This one guard Nanthakumar asked my grab driver to wait at the main road rather than pickup point at 4 am in the morning with heavy rain. I had to walk in rain to the car. Its not like the grab driver had to wait even for 1 minute and there was no other cars"

S******** P*

Google Review | 01 Jan 2022

"I like the neighbourhood. Near shengsiong supermarket, bakery, Coffeeshop, salon and clinic. There is a bus stop behind the condo and a few bus stops away from wet market. Good for family to stay in as it is near Ikea and giant."

E** C

Google Review | 23 Oct 2020