When Treasure at Tampines first launched, it was one of those projects that captured the attention of many and divided the opinion of many too. Launched about a year before the onset of the pandemic in March 2019, it sold 272 of 490 units released for sale, at an average of $1,280 psf. This sounds like an insanely afforded price in 2024, given the average new EC price has risen to $1,4/5xx psf). What caught the eye of many though, was its mind-boggling size. It may not be the biggest land plot around, but it certainly was the largest in terms of units – 2,203 to be exact. Despite offering a wide range of facilities, including 11 swimming pools and a 24-hour gym, the unprecedented size of the development raised questions among potential buyers about the feasibility of renting or selling units in such a large complex, due to the internal competition. That said, the most attractive selling point was its price. At launch, the development was...