What’s that gem of a property located at 70 Punggol Walk, in District 19? It’s none other than A Treasure Trove! Developed by Sim Lian JV (Punggol Central) Pte. Ltd, this 99-year leasehold condominium is close to the train station, schools and an array of amenities – factors that tick most boxes for most families.
3 Reasons Why A Treasure Trove Is an Ideal Family Home:
1. Specifications and Perks for Own Stay
| Project Name | Tenure | TOP | Unit Type (up to) | Size in sqft (up to) | Average Price PSF (up to) |
|---|---|---|---|---|---|
| A Treasure Trove | 99-year leasehold | 2015 | 2-bedder 2-bedder + Study 3-bedder 3-bedder + Study 4-bedder 2- to 7-bedder Penthouses | 775 915 1,130 1,206 1,335 1,528 – 4,876 | $1,113 |
This 882-unit condominium has an extensive range of units – a total of 10 types! The largest being an impressive seven-bedroom penthouse that’s 4,876 sqft. It is clear that A Treasure Trove is able to cater to any buyer type, be it singles, couples and families.
A Treasure Trove is equipped with many facilities such as seven different pools (50m Lap Pool, Jacuzzi Pool, Recreational Pool, Reflective Pool, Spa Pool. For the little ones: Fun Pool and Wading Pool), several water features (Water Slide and Hydro Gym Station), and other stuff that’ll keep you active and fit (Fitness Corner and Tennis Court). Have a ball at the Club House where you can throw a mini party for family and friends!
2. Accessibility, Amenities and Schools
Travelling via public transport is a piece of cake; Punggol MRT station on the North-East Line is a six-minute walk from the property! It’s also connected to the Punggol LRT Interchange Station. Driving around the island is just as effortless too; it helps being well connected to expressways such as the Tampines Expressway (TPE), Kallang-Paya Lebar Expressway (KPE) and Punggol Central. You can get to the business hubs or shopping districts in the city within 30 minutes.
Wondering what amenities are around the corner? The nearest mall is Waterway Point which is a five-minute walk. Everything you need from grocery shopping, eateries to cinema theatres is there. Finding schools for your children shouldn’t be difficult. Nearby educational institutions include Edgefield Primary School, Punggol Green Primary School, Compassvale Secondary School and Punggol Secondary School. If you ever need medical help, Sengkang General Hospital and Sengkang Community Hospital are both a seven-minute drive.
3. Property Price
The price of A Treasure Trove ‘three-bedroom plus study’ unit in the past three years:
- January to December 2017 – up to $1,260,000
- January to December 2018 – up to $1,385,555
- January to December 2019 – up to $1,420,000
Since 2017, the property price at A Treasure Trove has been increasing. With the upcoming developments like new industrial parks, a number of new community amenities, the Thomson-East Coast Line (TEL) and Cross Island Line (CRL), the price will most likely continue to rise over the years.
Does this sound like a perfect family home? Talk to our real estate consultants and get VIP agent service. Call 6886 9009 now!
Best Mortgage Rate Across All Banks for A Treasure Trove
Talk to our mortgage brokers with over 30 years of experience and get the lowest mortgage rate at 1.78%. Our home loan specialists will assist you with everything you need to know from Total Debt Servicing Ratio (TDSR), Loan to Value (LTV) Limits and Legal Conveyancing.
Buyer’s Stamp Duty for A Treasure Trove
Buyer’s Stamp Duty (BSD) is tax paid on documents signed when you buy or acquire property located in Singapore.
If you opt to buy a four-bedroom unit at A Treasure Trove the price is at $1,580,000 which is reflective of the market value, your Buyer’s Stamp Duty (BSD) is $47,800.
| Market Value of the Property | BSD Rate | Calculation |
|---|---|---|
| On the first $180k | 1% | $1,800 |
| On the second $180k | 2% | $3,600 |
| Next $640,000 | 3% | $19,200 |
| Remaining $280,000 | 4% | $23,200 |
| BSD Payable | $47,800 | |
Source: IRAS
Looking at another unit size? Use Ohmyhome’s In-app BSD calculator for faster calculation! Download Ohmyhome from the Play Store or App Store now!
Additional Buyer’s Stamp Duty for A Treasure Trove
Liable property buyers in Singapore are required to pay Additional Buyer’s Stamp Duty (ABSD) on top of the existing BSD. ABSD and BSD are computed on the purchase price as stated in the dutiable document or the market value of the property (whichever is the higher amount).
Who is liable to pay ABSD:
- Singapore Citizen (SC) buying second, third and subsequent residential property
- Singapore Permanent Resident (SPR) buying first, second and subsequent residential property
- Foreigners or entities buying any residential property
ABSD for Singapore Citizens when Buying A Treasure Trove
Here’s the ABSD amount you are required to pay if you are an SC:
| Property Ownership | ABSD Rate | ABSD Amount from Price $1,580,000 |
|---|---|---|
| If A Treasure Trove is your second residential property | 12% | $189,600 |
| If A Treasure Trove is your third or subsequent residential property | 15% | $237,000 |
ABSD for Singapore Permanent Resident when Buying A Treasure Trove
Here’s the ABSD amount you are required to pay if you are an SPR:
| Property Ownership | ABSD Rate | ABSD Amount from Price $1,580,000 |
|---|---|---|
| If A Treasure Trove is your first property | 5% | $79,000 |
| If A Treasure Trove is your second or subsequent residential property | 15% | $237,000 |
ABSD for Foreigners when Buying A Treasure Trove
Here’s the ABSD amount you are required to pay if you are a foreigner:
| Property Ownership | ABSD Rate | ABSD Amount from Price $1,580,000 |
|---|---|---|
| Foreigners buying any property | 20% | $316,000 |
VIP Service for Buyers at $0 Agent Fees
Our real estate consultants will provide you insights about this new project and assist you with everything you need to know from BSD, ABSD, exercising the OTP to sealing the deal.
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