Tre Ver - Reviews
Tre Ver | Potong Pasir Avenue 1 Condo | Former Raintree Gardens | by UOL
Tre Ver is a brand new condominium located in Potong Pasir Avenue 1, District 13. This plot of prime land was the former Housing and Urban Development Company (HUDC) Raintree Gardens built in 1974. Spanning about 201,405 square feet in size, the location is approximately 6 minutes walk away from the exit of Potong Pasir MRT station.
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Last Updated: 10th June 2021
This plum site that Tre Ver condo will be built on was successfully acquired by UOL Group and United Industrial Corporation. Some 175 owners of the privatized Raintree Gardens each walked away with $1.9 million, which is a whopping 90% premium over the last transacted price at $1.1 million. This en bloc sale was also the third successful one in year 2016 following Harbour View Gardens and Shunfu Ville, reaffirmation the start of an upturn in a somewhat stagnated property market.
The Tre Ver @ Potong Pasir site had 5 interested developers bidding for it before UOL emerging winner with the highest at $334.2 million. The bidders are all competitively bidding with the top 3 at just a mere 1% difference, showing the confidence in this site. At 201,405 sq ft and a gross plot ratio of 2.8, The Tre Ver price of the land is estimated to be around $797 per sq ft per plot ratio (psf ppr) after the top up to a fresh 99 years lease. This will in turn bring the approximate break even price to be at $1250 psf and a selling price of $1450 psf.
The plans of Tre Ver developer is to face lift the old town of Potong Pasir into homes that encompasses beauty of the river and raintrees in the design with its landscapes. Tre Ver condo will feature 729 luxurious units in 3 tower blocks of 19 and 20 storeys, together with another 4 blocks of 7 storeys, all equipped with 2 storeys car park and 1 basement car park sufficient for all residents.
It is known that there are a considerable number of condominiums in the Potong Pasir precinct prior to Tre Ver. The number of transactions in this locale is also equally high considering its convenient location and good proximity to the MRT station. There are growing interests seen in condos such as Poiz Residences, The Venue Residences, Sant Ritz, Sennett Residences, Nin Residence, One Leceister, 18 Woodsville and Woodsville 28 among others. Though the Tre Vor TOP date is to be during year 2022, it is the only development in this area that brings out the nature with river and park connector facings and yet enjoy the convenient locale just like its counterparts.
WHY THE TRE VER ?
Amenities and convenience surrounding Tre Ver
The Tre Ver location is unique and exclusive. Within immediate reach of 1 km radius, residents can access to the heartland Potong Pasir Market, coffee shops and retail stores located at HDB blocks 146, 147 and 148. There are a great deal of local food(some are famous) here and a wet market that can rarely be seen nowadays in the new estates. Other than a 24 hours McDonald’s under block 148, you can find hair salons, ABC supermarket which prides to be the cheapest store in Singapore, hawker food and NTUC Fairprice to satisfy the everyday needs of dwellers.
Tre Ver is also near to not one, but two shopping malls within 1 km radius. One of which is The Venue Shoppes by CDL that just started their operation in 2017. Located at the junction of Upper Serangoon Road and Macpherson Road, it is a mixed development with 28 retail units with 5 shops and 23 restaurants/F&B outlets that provides seamless shopping and dining convenince to their residents as well as the public. The well positioned locale is coupled with full street frontage for all retails shops that allows shoppers to access easily. Some F & B stores include chinese restaurant Kenny’s Krabi and The Beef Station, desserts such as FroRoll and Fart Tartz.
Another shopping mall within walking distance to Tre Ver is upcoming The Poiz Center. With a gross floor area of 53,820 sq ft, the mixed development will feature 84 commercial units where 7 are restaurants and 77 are retails shops. The Poiz Center is part of the Poiz Residence development where there are 731 apartment units directly above the mall, the residential portion is sold out within 2 years and the commercial units are not for sale.
Travelling is a breeze in Tre Ver Condo @ Potong Pasir
It is so easy to get to anywhere from The Tre Ver. With its stupendous connectivity, motorists are well connected to the rest of Singapore via the Pan Island Expressway(PIE) which is only 20 minutes drive to Changi Airport and 15 minutes to Bukit Timah Expressway(BKE) leading to Bukit Panjang, Choa Chu Kang and Woodlands checkpoint if you are planning for a trip to Malaysia. Tre Ver condo is also near to the Central Expressway(CTE) where it takes a mere 7 minutes to reach Cairnhill Orchard and about 10 minutes drive to Seletar Expressway(SLE) and Tampines Expressway(TPE) leading to Sengkang and Punggol.
On top of the 2 major expressways that already bring much convenience to the Potong Pasir Avenue 1 condo, there is the Kallang Paya Lebar Expressway(KPE) too that links the southern and North_Eastern region of Singapore. Getting to places such as Gardens by the bay is about 15 mins, East Coast park about 12 mins via KPE > East Coast Parkway(ECP) and about 11 minutes to Sengkang.
For residents of Tre Ver condo who utilize the public transport for daily commuting, fret not! Within a short 600 meters stroll along Potong Pasir Avenue 1, you can get to Entrance A of
Potong Pasir MRT Station. It is remarkably convenient to travel from this station Serving the North East Line, it is 2 stops away from Serangoon MRT Interchange that serves the Cirle Line and where the largest suburban mall in the North eastern region, NEX(stands for North East Exchange) is located. Towards the South, 4 stops away you will hit Dhoby Ghaut Interchange station that also serves the North south line, 5 stops away to Clarke quay, 6 stops to Chinatown that also serves the Downtown Line and 8 stops to Harbourfront station that only takes 18 minutes to reach!
Tre Ver is also well served by 7 public bus services that are within walking distance. The bus stop located right in front of HDB Block 121 has Bus no. 142 available which runs as a feeder service to Toa Payoh Bus Interchange in Toa Payoh central. Further out along Upper Serangoon Road, there are bus number 13, 107, 133, 142, 147 and 853 that connects to many other places of interests.
Tre Ver floor plans, layout and unit types
UOL is renowned for their comprehensive and functional layouts presented to buyers. Tre Ver floor plans are expected to not be inferior than any of their prior developments. Located in the much sought after precinct in Potong Pasir, Tre Ver condo will feature 1 bedroom / 2 bedrooms / 3 bedrooms / 4 bedrooms unit. These unit mix will well suit the needs of investors looking to rent out their units as the rentability in this area is very well received by the nearby working population from Paya Lebar / Ubi and even downtown as accessibility from MRT is straightforward.
The layouts of Tre Ver is extremely functional in every aspect. Fully equipped with built in wardrobes, kitchen cabinets, sanitary wares and equipment, there will be no misapplication of space. All corners of the units are carefully planned out to fully utilize the ever shrinking unit sizes in today’s developments.
The Tre Ver developer UOL
The Tre Ver is to be built by local well known developer UOL group limited. Established in 1963, UOL was formerly known as Faber Union Ltd and their core business include property development, property investment, shopping mall management and hotel operations. Through their subsidiary Pan Pacific Hotels Group Limited, owns and/or manages over 30 hotels, resorts and serviced suites all over the world. In their development business, they have a wealth of experience under their belt where many of them have also garnered several prestigious award.
Prior to Tre Ver condo, they have successfully launched and mostly sold out projects such as Amber 45 @ Amber Road, The Clement Canopy @ Clementi Avenue 1, Principal Garden @ Prince Charles Crescent, Botanique @ Bartley, Riverbank @ Fernvale, Seventy’s Saint Patrick’s, Spottiswoode Residences, Thomson Three, Katong Regency, Archipelago, Waterbank at Dakota, Terrene @ Bukit Timah, Double Bay Residences, Meadows @ Pierce, Duchess Residences, Breeze by the east, Nassim Park Residences, One Amber, Southbank, The Regency at Tiong Bahru, Pavillion 11 @ Minbu/Akyab Road, One North Residences, Newton Suites, Regency Suites, Twin Regency, Novena Suites, The Eden at Tampines, 1 Moulmien Rise, The Sunshine @ Upper Serangoon, Country Park @ Bedok, Island Country Villas @ Old Upper Thomson Road, Westwood Park, Orchard Bel-Air and others.
Bagging mulitpls awards such as the FIABCI Prix d’Excellence Award, Aga Khan Award for Architecture, Urban Land Institute Awards for Excellence and President’s Design Award, their vision is to continuously seek for innovation to create value for their stakeholders and to shape environments for people to work, live and play with their passion in the business. With this, we are sure that Tre Ver will be yet another successful product under their wing to continue their legacy.
Renowned educational institutions near Tre Ver @ Potong Pasir Avenue 1
The location of Tre Ver is unique and favorable to most parents due to the proximity to many good schools. It is a norm now that young parents purchase property for their children’s education and to have a chance to enter a good primary school, thus being located near to a couple of them adds value to the property price.
A short walk down Potong Pasir Avenue 3 is the locally renowned Saint Andrews School. It is an institute of its own kind where they are a family of schools located beside each other and call themselves Saint Andrew Village. Comprising of St. Andrew’s Junior School (SAJS), St. Andrew’s Secondary School (SASS) and St. Andrew’s Junior College (SAJC), they have a yearly enrollment of between 4000 to 5000 pupils from Primary one to Junior college levels. Well Within 1 km distance to Tre Ver, the junior and secondary school takes in male students while the junior college is a mixed school.
Of course, there are other many other good schools within 1 to 2 km distance to Tre Ver. They include Bendemeer Primary School, Cedar Primary School, Cedar Secondary School, First Toa Payoh Primary School, Hong Wen Primary School, Kheng Cheng School, Kuo Chuan Presbyterian Primary School, Maris Stella High School, Pei Chun Public School, St Grabiel’s Primary School, Yang Zheng Primary School, Stamford American International School.
Tre Ver facilities
Life will never be full in Tre Ver. The new Potong Pasir condo will feature exciting facilities suitable for all age groups to have a fun or relaxing time alone or with their familes. There will be a 50 meters lap pool for a good swim during the hot weather, this will be coupled with children’s wading pool where your kids can have fun during the holidays. There will also be BBQ pits, pavilions and clubhouse for hosting of events, parties and gatherings during celebrations.
There will also be a gym for the fitness lovers, reading corners and viewing decks to appreciate the environment that Tre Ver condo possesses. The Tre Ver review is intended to present a calm and relaxing lifestyle for residents to enjoy the greens and water bodies that surround this development. In this way, everyone can unwind after a long day at work when they return home.
Tre Ver Price
1 bedroom : $790,000 to $877,000
2 bedroom : $1,024,000 to $1,068,000
2 bedroom Premium : $1,093,000 to $1,287,000
3 bedroom : $1,554,000 to $1,691,000
3 bedroom Premium : $1,651,000 to $1,839,000
4 bedroom : $2,098,000 to $2,342,000
Tre Ver - Location
Tre Ver - Site Plan
Tre Ver - Price
- ID: 5227
- Published: April 6, 2019
- Last Update: June 10, 2021
- Views: 2918