99.co new launch review – The Alps Residences

4 min read

[Update 23 Sep 2016] Showflat opens 24th September 2016.

We examine another new developer project due for launch really soon. The Alps Residences is situated along Tampines Street 86 and the area has a few other developments including Q Bay Residences which was completed this year. The Santorini currently still has developer units on sale and the EC Arc at Tampines which was completed in 2014.

The adjacent empty land plot, which is currently on the URA reserve sale list for 2H2016, has not been activated. It is stipulated for residential use, which means it will be another condominium if it does get built up in the future.

Alps Residences
The Alps Residences

2 plots, 1 developer

MCC Land won the tender for this plot of land at $483 psf per GFA in May 2015 and this is where things get interesting. The same developer is also building the Santorini which was awarded at $562 psf per GFA in July 2013, with 360 units unsold. The cheaper land price here should translate to a cheaper selling price and the average sale price should be around $1,000 psf, compared to $1,100 psf at the Santorini.

If you are looking to buy into the area, it’s a straightforward decision to choose the The Alps Residence, pocket the $100 psf difference and do something else with the money you saved, unless you have a very strong preference of the Greek island over the Swiss mountains.

Development details of The Alps Residences

There will be 9 blocks with their height varying between 10 to 15 storeys and a total of 626 units.

Breakdown of units

Room type Floor size No. of units
1BR 441–463 sf 56 Units
1BR+Study 495–506 sf 126 Units
2BR 689-700 sf 183 Units
2BR+Study 689 sf 55 Units
3 BR 936-1087 sf 178 Units
4 BR 1410 sf 22 Units
4BR (PH) 1668-2088 sf 4 Units
5BR+Study (PH) 2486 sf 2 Units
626 Units

Appeal of the floor plan

Compared to most other new developments, the 3 bedroom unit is generous with space, with the typical unit at around 1,000 sqft. The layout is special as the kitchen is usually located near the main door. In The Alps Residence, the kitchen is located after passing through the dining room. The kitchen is connected to the balcony which makes al fresco dining a breeze.

A typical 3BR unit in The Alps Residences
Floor plan of a typical 3BR unit in The Alps Residences

Comparable developer units at a similar price

The Santorini – 360 units left

Coco Palms – 92 units left

Launch Price estimates

Type Size Est. Ppsf ($) Est. launch Price
1BR 441–463 sf $1,100 $490,000
1BR+Study 495–506 sf $1,100 $550,000
2BR 689-700 sf $1,000 $690,000
2BR+Study 689 sf $1,000 $690,000
3 BR 936-1087 sf $950 $950,000
4 BR 1410 sf $950 $1.35 million
4BR (PH) 1668-2088 sf $900 $1.6 million
5BR+Study (PH) 2486 sf $900 $2.2 million

Master Plan

If you are not sure what the URA master plan is, we have a great guide for you here. All the plots adjacent to the Alps Residences are undeveloped.

Business zone to the west, residential planning in all the other directions
Business zone to the west, residential zone in all the other directions

Site plan

Site plan of the Alps Residence
Site plan of The Alps Residence


Putting the URA Master Plan and site plan together, we will avoid the west facing units due to the heat by exposure to sun in the afternoon. Any units facing the roads will be affected by construction sites some time in the future, as all the adjacent plots are undeveloped now. If you are very sensitive to that, choose an inward facing unit.

For a good view of the Tampines quarry

stacks 16-23.

Inward facing units with no exposure to the sun in the afternoon

stacks 13, 14, 15, 24-30, 33, 34, 37

Bin centre and substation

This is one of the rare cases where the site plan is very upfront about the bin centre and substation. Avoid stacks 1-6 if you are sensitive to them.

Buy the future

The area is priming up for the future, with many undeveloped plots in the vicinity.  The first movers will get great value as prices generally rise as the area gets developed. This is reminiscent of Punggol just 10 years ago and look at what Punggol has become now. It is also near the Paya Lebar Airbase which will be relocated in 15 years time, the potential for future development is immense.

The expected sales launch is in late September and more information will be released.

To keep up to date with all the developer unit information, including floor plans, site plans, pricing and of course, discounts offered, subscribe to our free updates here!

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About Kian Khai

Looking to sell your property?

Whether your HDB apartment is reaching the end of its Minimum Occupation Period (MOP) or your condo has crossed its Seller Stamp Duty (SSD) window, it is always good to know how much you can potentially gain if you were to list and sell your property. Not only that, you’ll also need to know whether your gains would allow you to right-size to the dream home in the neighbourhood you and your family have been eyeing.

One easy way is to send us a request for a credible and trusted property consultant to reach out to you.

Alternatively, you can jump onto 99.co’s Property Value Tool to get an estimate for free.

If you’re looking for your dream home, be it as a first-time or seasoned homebuyer or seller – say, to upgrade or right-size – you will find it on Singapore’s fastest-growing property portal 99.co.

Meanwhile, if you have an interesting property-related story to share with us, drop us a message here — and we’ll review it and get back to you.

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