The public preview of Pinery Residences drew a strong crowd of over 8,500 visitors to its sales gallery over the March 14-15 weekend. This 588-unit mixed-use development is located along Bedok Reservoir Road in Tampines West in District 18.
In our view, Pinery Residences and the wide range of retail and lifestyle options it offers introduces much needed amenities into this residential neighbourhood in Tampines West.
The development comprises a retail podium with a FairPrice supermarket, a Kopitiam food court, a childcare centre, and a public community plaza. The development will also feature a direct link to Tampines West MRT station on the Downtown Line (DTL).
What makes this development interesting is its proximity to Rivelle Tampines, a new EC project on Tampines St 95. The two projects sit on neighbouring plots and will launch within a week of each other – with the sales booking of Rivelle Tampines on March 21, and Pinery Residences on March 28.
However, it is important note that Rivelle is an EC which comes with eligibility restrictions and a five-year Minimum Occupation Period (MOP). But like most ECs, it enjoys a much lower entry price. Pinery Residences, on the other hand, is a fully private mixed-use development.
So how does the price of units at Pinery Residences stack up against nearby alternatives in this area? Let’s take a closer look.
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