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Condo

[For Sale] The Tapestry — From S$1.1M

51 Tampines Street 86

1 for sale
12 people are looking at this property right now
Condo

[For Sale] The Tapestry — From S$1.1M

The Tapestry
1 Units To Buy
For Sale
Type Units Min Area Price Range
2 BR 1 603 sqft S$1.1M
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Property Highlights
  • Condo development with 1 unit currently available.
  • Prices currently start from S$1.1M.
  • For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$210K on this acquisition.

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The Tapestry: A Contemporary Residential Landmark in Tampines

The Tapestry stands as a modern residential development situated at 51 Tampines Street 86, positioning itself within one of Singapore's most established and well-planned residential districts. The project represents a carefully curated collection of residential units designed to serve a broad spectrum of buyer requirements, from first-time homeowners seeking their initial property to seasoned investors diversifying their portfolios. The development embodies contemporary architectural principles whilst remaining thoughtfully integrated into the broader Tampines community fabric.

Tampines has evolved into a mature township characterised by reliable infrastructure, comprehensive public services, and a strong community presence that appeals to families, professionals, and downsizers alike. The location provides residents with immediate access to shopping centres, educational institutions ranging from primary schools to tertiary facilities, healthcare services, and recreational spaces that define Singapore's modern suburban living experience. The district's long-established character ensures consistent demand pressure on residential properties, supporting both rental yields and capital appreciation over extended holding periods.

Residential Offerings and Unit Diversity

The Tapestry's portfolio encompasses units with varying floor plans and spatial configurations, enabling purchasers to select properties aligned with their household composition and lifestyle preferences. Two-bedroom apartments within the development offer approximately 603 square feet of built area, providing comfortable living spaces suitable for couples, small families, or investors targeting the popular family-sized rental segment. The development's architectural design maximises natural lighting and ventilation across its floor plates, whilst common areas and shared facilities contribute to an elevated residential experience that justifies the property's positioning within the broader market.

The pricing structure across The Tapestry reflects differentiation based on unit size, orientation, floor level, and internal specification standards. Properties at the development are offered from competitive entry points that compare favourably to neighbouring developments of similar vintage and specification, extending through to premium offerings that command higher valuations based on superior siting, views, or bespoke finishes. This pricing diversity ensures accessibility across different wealth profiles whilst maintaining quality standards consistent with the development's market positioning.

Investment Potential and Rental Market Dynamics

Investors evaluating The Tapestry as an income-generating asset should consider Tampines' established position as a rental hotspot, particularly for family-sized accommodation where demand remains robust and stable. Two-bedroom units, a category well-represented within the development, command predictable rental periods and competitive monthly yields reflecting their popularity amongst expatriate families and upgraders seeking quality suburban living without the premium pricing of fringe central locations. The district's strong employment clusters, established MRT connectivity, and proximity to quality schools create consistent tenant demand that supports sustainable rental returns over multi-year investment horizons.

Estimating rental yield requires consideration of current market rents for comparable units in the Tampines precinct, typically ranging between S$2,800 and S$3,500 monthly for two-bedroom apartments of similar specification and condition. When annualised and compared against acquisition costs inclusive of all purchase-related disbursements and holding costs, investors can generally expect gross rental yields ranging from 4 to 5.5%, depending upon the specific unit acquisition price and prevailing market rental levels. Prudent investors should factor in the 20% Additional Buyer's Stamp Duty (ABSD) applicable to second residential property purchases by Singapore Citizens, effectively elevating the property's entry cost and consequently reducing headline yield percentages during early ownership periods, though this cost is typically recovered through longer-term capital appreciation and accumulated rental income.

Financing and Affordability Considerations

Prospective purchasers should conduct comprehensive financial modelling to assess Total Debt Servicing Ratio (TDSR) headroom before committing to acquisition. At typical price points represented across The Tapestry's offering, financial institutions generally extend loan-to-value ratios of 80 to 90% to eligible owner-occupants with satisfactory credit profiles and stable income documentation. This translates into meaningful leverage availability, though borrowers should maintain comfortable TDSR ratios—generally below 60%—to preserve financial flexibility for other commitments and unforeseen expenses.

First-time purchasers benefit from the absence of ABSD obligations, whilst established property owners acquiring additional residential assets incur the 20% ABSD stamp duty calculated on the purchase price, materially affecting entry costs and required down payment reserves. A prudent approach involves engaging qualified mortgage brokers to model various financing scenarios against personal income profiles, ensuring that monthly servicing obligations remain comfortably sustainable even under adverse economic conditions or rising interest rate environments.

Market Position and Competitive Context

The Tampines residential market encompasses numerous developments ranging from established Housing Development Board (HDB) estates to private condominium projects of varying ages and specifications. The Tapestry positions itself within the mid-market tier, offering quality construction and design standards at pricing that remains accessible to a broad buyer base without commanding the premium valuations associated with rare luxury developments or proximity to Orchard Road's commercial epicentre. Recent transaction data across the Tampines precinct indicates price per square foot ranging from approximately S$900 to S$1,150, depending upon development age, unit size, and orientation characteristics—a range within which The Tapestry's offerings sit competitively.

Transportation Infrastructure and Connectivity

Tampines' comprehensive public transport framework serves as a crucial demand driver for residential properties throughout the district. The area benefits from established MRT connectivity through multiple stations providing direct corridors to Singapore's central business districts, secondary employment centres, and educational institutions. This transport accessibility particularly benefits younger professionals, expatriate families, and investors targeting tenants who prioritise commuting convenience and accessibility to Singapore's broader economic geography.

Long-Term Capital Appreciation and Market Fundamentals

The Tampines district has demonstrated consistent appreciation over extended market cycles, supported by stable demand from expanding professional populations, family-oriented households, and investors seeking yield-accretive opportunities outside Singapore's most expensive precincts. The maturity of Tampines' infrastructure, educational and healthcare facilities, and established retail and dining landscapes creates a compelling value proposition that should support ongoing demand pressure and capital price growth over 10 to 20-year investment horizons. Properties within established districts like Tampines have historically appreciated more gradually than nascent developments or rare freehold sites, but with greater stability and more predictable demand trajectories that reduce portfolio volatility.

The Tapestry represents a considered investment opportunity for owner-occupants prioritising stability, convenience, and quality living environments, whilst simultaneously offering income-generating potential for investors seeking rental-accretive assets in a mature, well-serviced residential district. Prospective purchasers are encouraged to conduct detailed due diligence on specific unit configurations, conduct thorough financial modelling, and engage qualified real estate professionals before finalising acquisition decisions.

Frequently Asked Questions

What rental yield can I realistically expect if I purchase a unit at The Tapestry as an investment property?

The Tapestry's Tampines location provides exposure to a rental market where two-bedroom apartments typically command monthly rents between S$2,800 and S$3,500, depending upon unit condition, floor level, and orientation. When annualised and compared against acquisition costs, investors should anticipate gross rental yields within the 4 to 5.5% range, though this calculation must account for ongoing property management, maintenance, property taxes, and utilities before deriving net yield. First-year yield calculations should incorporate the 20% ABSD stamp duty payable by Singapore Citizens acquiring their second residential property, effectively elevating the total entry cost and reducing headline returns during the initial holding period, although this cost is typically recovered through longer-term capital appreciation and accumulated rental income across multi-year investment horizons.

How does The Tapestry's pricing per square foot compare to recent transactions in the broader Tampines area?

Recent transaction data across the Tampines residential precinct indicates that properties are trading within a price-per-square-foot range of approximately S$900 to S$1,150, reflecting variation based on development age, unit configuration, floor level, orientation, and internal specification standards. The Tapestry's pricing sits competitively within this established range, offering value comparable to neighbouring developments of similar vintage and construction quality whilst avoiding premium valuations associated with newly launched projects or exceptionally rare freehold offerings. This positioning ensures that purchasers are not overpaying relative to immediate market comparables, whilst simultaneously supporting reasonable capital appreciation expectations aligned with broader Tampines district growth trajectories.

What ABSD implications should I understand as a second-property buyer at The Tapestry?

Singapore Citizens acquiring The Tapestry as their second or subsequent residential property are subject to Additional Buyer's Stamp Duty (ABSD) calculated at 20% of the purchase price, representing a substantial cost that materially elevates total acquisition expenses beyond the base purchase price. This 20% ABSD is payable on top of the standard Buyer's Stamp Duty and is typically due within 14 days of the completion of the purchase agreement. For a purchaser acquiring a unit priced at S$1,050,000, for example, the 20% ABSD would equate to S$210,000, effectively requiring an additional cash reserve and reducing the effective loan-to-value ratio available from financial institutions, thereby impacting financing headroom and monthly servicing capacity.

Does The Tapestry carry lease decay risk, and how might this affect future resale value?

The lease tenure governing The Tapestry units is fundamental to understanding long-term value preservation and resale marketability. Leasehold properties in Singapore experience lease decay as the unexpired lease term declines, a factor that increasingly concerns financial institutions and purchasers as leases descend below 80 years remaining. The development's specific lease tenure should be verified during due diligence, as this directly influences bank lending policies, investor appetite, and ultimate resale values across extended holding periods. Properties with shorter remaining leases typically experience accelerated capital depreciation in their final decades of tenure, making lease length a critical factor in investment decision-making and long-term wealth preservation strategies.

How does proximity to Tampines MRT station affect property demand and capital appreciation potential?

The Tapestry's location within the established Tampines district benefits from strategic MRT connectivity that serves as a major demand catalyst for residential properties throughout the precinct. Proximity to MRT stations enables residents to access Singapore's central business districts, secondary employment centres, and educational institutions with minimal commuting friction, a factor particularly valued by younger professionals, expatriate families, and investors sourcing tenants who prioritise transport convenience. Properties within walking distance of active MRT stations historically demonstrate stronger rental demand, lower vacancy periods, and more predictable capital appreciation compared to distant outlying developments, positioning The Tapestry favourably within the competitive residential landscape.

Which buyer profiles are most suitable for The Tapestry, and why?

The Tapestry appeals to diverse purchaser categories including first-time homebuyers seeking accessible entry points into the property market without compromising on quality or location fundamentals; upgraders transitioning from HDB flats to private residential accommodation and valuing Tampines' mature infrastructure and family-friendly amenities; high-net-worth individuals seeking stable yield-accretive investments within well-established districts; and international expatriate families prioritising established schools, healthcare facilities, and suburban living environments. The development's range of unit configurations and competitive pricing ensures accessibility across multiple wealth profiles and household structures, whilst Tampines' established character and infrastructure appeal to buyers prioritising stability and predictable demand dynamics over speculative growth in emerging precincts.

What TDSR and financing headroom should I expect at typical price points across The Tapestry?

At typical acquisition prices represented across The Tapestry's offering, financial institutions generally extend loan-to-value ratios of 80 to 90% to eligible owner-occupants with satisfactory credit profiles and documented income stability. For a purchaser with annual household income of S$200,000 acquiring a unit at prevailing market prices, monthly servicing on a 90% loan-to-value financing arrangement typically translates into TDSR ratios within the 45 to 55% range, leaving comfortable headroom for other financial obligations and unforeseen expenses. Second-property buyers must account for the 20% ABSD impact on entry costs, effectively reducing available leverage and potentially compressing TDSR headroom, necessitating either larger down payment reserves or more conservative loan-to-value planning to maintain financial sustainability.

How does The Tapestry compare to nearby competing developments in Tampines?

The Tampines residential market encompasses numerous competing developments representing different construction vintages, quality standards, and price positioning within the broader market spectrum. The Tapestry's competitive positioning reflects contemporary architectural design, quality construction standards, and pricing that remains accessible to mid-market purchasers without commanding the premium valuations associated with rare luxury developments or newly launched flagship projects. Prospective purchasers should conduct comparative analysis of immediately adjacent developments, evaluating differences in unit layouts, specification standards, amenity offerings, management track records, and price trends to ensure that The Tapestry offers genuine value relative to competing options within the same geographic and price-point categories.

Are there particular unit stacks, floor levels, or orientations at The Tapestry that offer superior value?

Unit positioning within The Tapestry influences marketability, rental demand, and capital appreciation potential through factors including natural lighting, view corridors, wind exposure, noise attenuation, and perceived prestige associated with higher floor levels. Mid-level units typically offer excellent value propositions, commanding lower acquisition costs than prestigious upper-level apartments whilst avoiding the noise and foot-traffic proximity associated with ground-floor and lower-level units. Units with northern or eastern orientations generally benefit from superior natural lighting and thermal performance compared to southern or western exposures, factors that influence both owner-occupancy satisfaction and rental demand from quality-conscious tenants. Astute purchasers should request detailed site plans and undertake personal unit inspections to assess specific orientation, view characteristics, and potential amenity proximity before finalising purchasing decisions.

What future supply pipeline exists in the Tampines district, and how might this affect The Tapestry's value trajectory?

The Tampines district benefits from established maturity with limited large-scale redevelopment or new supply announcements in immediate pipeline, contrasting with emerging precincts where significant new housing introduction may depress pricing and capital appreciation trajectories. This supply constancy supports predictable demand dynamics and reduces the risk of value destruction through over-supply, positioning established properties like The Tapestry more favourably than developments in areas facing substantial new competitive inventory. However, prospective purchasers should monitor broader Singapore property market dynamics, including government housing policy shifts, interest rate movements, and macroeconomic conditions affecting buyer sentiment, as these factors exert influence over residential property valuations throughout the nation regardless of local supply characteristics.