T-space

Overview

Sales

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Surrounding

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Overview

Sales

Rental

Surrounding

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Details

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

**Based on 3rd-party rental data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

Description
T-space is a leasehold (30 years leasehold, 30 yrs from 2015) commercial property..

T-Space is located along Tampines North Drive 1 in Tampines, in District 18. It is accessible through the nearest MRTs including Tampines North CR6 and Pasir Ris EW1. Other nearby amenities include: 3 Grocerie(s): COLD STORAGE SINGAPORE (1983) PTE LTD, COLD STORAGE SINGAPORE (1983) PTE LTD, NTUC FAIRPRICE CO-OPERATIVE LTD, and 3 Shopping Mall(s): COURTS MEGASTORE, IKEA TAMPINES, PASIR RIS WEST PLAZA.

Based on transaction data in the last 12 months, the highest recorded transaction was S$ 447 psf in Feb 2024 for a 1,636 sqft unit for Factory (All Types). Its lowest recorded transaction was S$ 305 psf in Jun 2023 for a 2,196 sqft unit for Factory (All Types).

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.
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What they say
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3
"could need some AC jn the lift. Really hot like an oven."
F***** Z
Google Review     |   22 Jul 2022
5
"Drop by atillyaday for your terrarium needs. Can visit their website for workshops and eshop too"
Z****** J*****
Google Review     |   03 Jul 2022
4
"Nice rooftop pool "
S***** B**
Google Review     |   27 Jun 2022
3
"Great for the food court at one corner on ground floor but hard to find parking lot on same floor"
D*** K
Google Review     |   26 Jun 2022
4
"Love the fried porridge and fried mee sua. Tasty, and fragrant from the onion oil...value for money!"
S* Y**
Google Review     |   13 Jun 2022
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Nearby Amenities
Source: URA,  www.edgeprop.sg
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Sales Transaction of Tampines North Drive 1 (Limited to 10)

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Asking Price of T-SPACE

Source: URA, https://www.edgeprop.sg

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Rental Transactions of Tampines North Drive 1

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Price Comparison with Nearby Properties (UP to 10)

(Within 1000 meters)

Note: *Based on URA Sales data in the last 12 months. **Based on 3rd-party Rental data in the last 12 months.

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