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Project Details

TRE Residences

A broadly foreseen new apartment suite dispatch inside 2 minutes stroll to Aljunied MRT station. Placed at Geylang East Avenue 1, TRE Residences offers supreme comfort to inhabitants with its nearby vicinity to the MRT station and eateries at Geylang. Involving 2 squares of 17 stories with 250 units, Tre Residences offers a scene deck, swimming pool and mutual offices.

TRE Residences, this Geylang East Condominium, involves 2 squares of 17-story with around 250 private units, generally outfitted with full townhouse offices and additionally cellar auto park.

This just took the ribbon off new advancement, TRE Residences, will have diverse mutual offices, for example, 24-hours security gatekeeper house, swimming pool, indoor exercise center, Barbeque structures, youngsters' play area and not overlooking a club house which will be encompassed with wonderful arranging.All units in the Tre Residences will likewise have an extremely proficient design and clad with foreign apparatuses and fittings, in addition to marked machine.

Project Name: Tre Residences
Address: Geylang East Avenue 1
Developer: S L (Serangoon) Pte Ltd
Tenure: 99-year leasehold
District: 14
Site Area: 6,238.1 sqm / 67,146 sqft
Allowable Development: Residential
Permissible Gross Floor Area: 17,467 m2
No of Units: 250 units (to be confirmed)
Project Completion Period: 60 months
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News

Dismal quarter for new private home sales

In the first nine months of this year, developers sold about 6,030 private homes, a 52 per cent dive from the figure in the same period last year.

Sales totals this year are just a fraction of those before the total debt servicing ratio framework was imposed in June last year.

Quarterly sales averaged about 5,000 back then, or roughly three times this year's third-quarter total, said JLL national research director Ong Teck Hui. "This shows the extent to which demand has weakened in the primary market."

Developers launched 514 private homes last month, a 29 per cent rise from the 399 homes launched in August.

Demand for high-end homes remained lacklustre, as the sales volume for the core central region was unchanged from August with just 44 units sold.

The anaemic sales came despite two launches in the area last month, with none in August. The top sellers last month were two newly launched projects - the 500-unit Highline Residences in Kim Tian Road, which moved 142 units, and 186-unit Seventy St Patrick's, which sold 110 units.

The main action in the current quarter is set to be in the EC market, with the launches of Lake Life, Bellewoods and Bellewaters, said Mr Desmond Sim, head of research for CBRE Singapore and South-east Asia.

On the private home sales front, the market is anticipating the launches of Sophia Hills at Mount Sophia, Tre Residences in Geylang East and Symphony Suites in Yishun.

Consultants estimated that 8,000 to 9,000 new homes could be sold for the whole year - far lower than last year's 17,590, and the lowest since the 3,840 recorded in 2008, said PropNex chief executive Mohamed Ismail Gafoor.

Taken Asiaone

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Fill in the enquiry form for VVIP now! Tre Residences is the DEVELOPMENT that is not to be missed! 

One more good reason for Tre Residences is the High capital appreciation potential and rental yield for a development property in a prime location. Take charge of this opportunity right now

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Tre Residences Rating: 5.0 out of 5 | Review By: ESingapore Property | ERA Realty Network Pte Ltd | CEA Reg. No. L3002382K / R026060Z