Pinery Residences Project Details

Project Details of Pinery Residences

Pinery Residences is a 99-year leasehold condominium development, awarded through the Government Land Sales program in September 2024. The site spans approximately 23,512 square meters (equivalent to 252,989 square feet), with a maximum gross floor area (GFA) of 61,837 square meters. This allows for a gross plot ratio of 2.6, optimizing land use for both residential and commercial components.

The project is envisioned to comprise around 596 residential units, distributed across multiple high-rise blocks. The residential portion will be built atop a one-storey commercial podium, integrating retail shops, food and beverage outlets, and possibly supermarkets to serve residents and the surrounding community. This mixed-use design aligns with URA’s guidelines for creating vibrant, self-contained neighborhoods, reducing the need for external travel for basic necessities.

Construction is expected to commence following the tender award, with a projected temporary occupation permit (TOP) date in 2029 or 2030, subject to regulatory approvals and market conditions. The development incorporates sustainable features, such as energy-efficient lighting, rainwater harvesting systems, and green roofs, in line with Singapore’s Green Mark certification standards. These elements not only lower operational costs but also contribute to environmental conservation.

The unit mix is anticipated to include a variety of configurations to cater to diverse demographics: from compact one-bedroom apartments for young professionals to spacious four-bedroom units for larger families. Premium penthouses with private rooftops may also be available, offering panoramic views of the Tampines skyline and nearby green reserves. Interior finishes are expected to feature high-quality materials, including engineered timber flooring, quartz countertops, and branded appliances from manufacturers like Bosch and Grohe.

Security and smart home integration are key highlights, with provisions for facial recognition access, CCTV surveillance, and IoT-enabled devices for lighting and air-conditioning control. Communal facilities will include a 50-meter lap pool, gymnasium, function rooms, and landscaped gardens, promoting wellness and social interaction. The commercial podium will add value by providing on-site conveniences, potentially including childcare centers or medical clinics.

The project’s land acquisition cost of S$668.28 million, at S$1,004 per square foot per plot ratio, positions it competitively against comparable developments in the East. This cost efficiency could translate to attractive launch prices, making Pinery Residences accessible to first-time buyers under schemes like the Central Provident Fund (CPF) housing grants. Investors may benefit from rental yields, given Tampines’ strong demand from expatriates working in nearby business parks.

Regulatory compliance is assured, with the development adhering to building codes under the Building and Construction Authority (BCA). The 99-year leasehold tenure provides long-term security, while the mixed-use nature enhances capital appreciation potential through commercial revenue streams.

In summary, the project details of Pinery Residences underscore a commitment to quality, sustainability, and community integration, setting it apart in Singapore’s competitive property market.