The Tre Ver: The top-selling project in August
Selected units at The Tre Ver will have a foyer and terrace that overlook greenery
Where outstanding architecture, quality living and up-and-coming location meet attractive pricing
AUGUST is traditionally a month of slow newhome sales. Bucking the trend was The Tre Ver, where 164 units were sold, making it the top-selling project for the month. The strong sales numbers were achieved despite the property cooling measures introduced in July.
The Tre Ver is the latest residential project jointly developed by UOL Group and Singapore Land. Designed by multiple award-winning architect WOHA, the 729-unit development redefines the standard of home living and boasts sustainable and living architecture that has timeless appeal.
‘4G’ QUALITIES
The Tre Ver has the “4G” qualities that homeseekers look for in their property: Great location, Green architecture, Growth potential and Gain-on-gain.
Capitalising on its Great city-fringe location on Potong Pasir Avenue 1, The Tre Ver has a 220m-long river frontage and seamless connection to the 10km long Kallang River, which the government has earmarked for transformation into a recreation hub with cycling paths and recreational facilities along the riverfront promenade.
Setting a new benchmark in Green architecture, The Tre Ver’s biophilic design has a therapeutic effect that will improve the health, well-being and productivity of its residents. The landscaping throughout the 201,405 sq ft site features three distinct terraces of lush greenery and cascading waters that end at the riverfront promenade. More than 50 facilities across three levels — including a 50m infinity-edged lap pool overlooking the river, two other swimming pools with hammocks, entertainment pavilions with barbecue pits and gourmet kitchen facilities, as well as a sky loft — are incorporated into the landscaping.
The Growth potential of Potong Pasir is something homebuyers can look forward to. Once an overlooked gem, Potong Pasir has been rejuvenated in recent years with new private residential and commercial developments. The Tre Ver is located within a short stroll of Potong Pasir MRT station, which is just four stops from Dhoby Ghaut MRT interchange station for the North- South, Circle and Northeast lines.
Knight Frank Research shows that non-landed private homes located within 2km of Potong Pasir MRT station have seen an average 25% increase in prices over the last three years (see chart).
URA REALIS, KNIGHT FRANK RESEARCH
Private non-landed residential prices within a 2km radius of Potong Pasir MRT station
Notes:
1. Prices are refl ected as average private non-landed residential prices (excluding EC)
2. Private non-landed residential prices exclude those of freehold and 999-year leasehold properties
The Tre Ver is also sought after by families with schoolgoing children, as it is located within 1km of St Andrew’s Village, which has three schools: St Andrew’s Junior School, St Andrew’s Secondary School and St Andrew’s Junior College.
The rarity of private waterfront homes in a city-fringe location makes The Tre Ver stand out, leading to the fourth G: Gain-on-gain. The Tre Ver will be the first private condominium in Potong Pasir to have direct frontage of Kallang River. Private homes with such riverfront attributes command a price premium of at least 20% over other developments located further away, according to Knight Frank Research.
QUALITY INTERIOR SPACES
The stunning architecture and landscape design by WOHA are not limited to the external spaces only. Selected units will have a foyer and terrace that overlook greenery. Every room in each unit, including the bathrooms, will have views of greenery or water features. Units also come with smart-home technology, as well as marble flooring for the living and dining areas and American oak timber flooring for the bedrooms.
Every room in each unit will have a view of greenery or water features
Units are attractively priced from $1,480 psf, which translates into a price upside when the property market gains strength in the future.
Visit our sales office on Youngberg Terrace near Woodleigh MRT station (Exit B)
Opening hours: 11am to 8pm
Contact us: 6100 1319
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This article appeared in The Edge Property pullout of Issue 850 (September 24, 2018) of The Edge Singapore.
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