Jul 20

The Alps Residences at Tampines MRT Station

The Alps Residences are a development of executive condos on Singapore island. The construction of the complex began after the developers successfully bid for the plot of land with the Urban Redevelopment Authority. The lease of the land is for the standard length term of 99 years. The winning bid came in from the company MCC Land, which has already completed other similar projects on Singapore.

The Alps Residences MCC Land Singapore

Now MCC Land were eager to win the tender for the plot of land that the Alps Residences will stand on as they and other real estate firms were convinced that the units would sell really well once completed. In the last two or three years those firms that have completed housing projects mainly consisting of executive condos in high rise tower blocks have generally been able to sell enough units to make a decent level of profit. The better the location of completed condo developments the stronger sales have been. Sales of higher quality condos even seem to have sold strongly when other types of property have proved harder to sell in challenging market conditions.

Alps Residences Tampines Ave 10

As far as MCC Land were concerned bidding for the land plot at Tampines Avenue 10 was far too good an opportunity to be missed. The location of the Alps Residences are regarded as been in a great position in terms of the company been able to sell the great majority of the units as soon as these go on sale. To keep up to date with the progress of this development keep referring to it’s website. Once show condos are ready people will be able to book viewings to see the high standard of this complex.