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A Treasure Trove Condo Review
- Kar Hoon
- May 17
- 5 min read
Punggol Living
Over the past decade, Punggol has evolved into one of Singapore’s most attractive residential towns for young families and HDB upgraders. With modern infrastructure, waterfront living, strong transport connectivity, and future growth drivers such as the Punggol Digital District, the area offers a compelling mix of lifestyle and long-term potential.
Among the various condominiums in the area, A Treasure Trove has consistently remained one of the more appealing options for buyers seeking convenience, family-friendly living, and value for money.
Why Buyers Are Drawn to Punggol
Punggol stands out because it is one of Singapore’s newest and best-planned towns. Residents enjoy:
Modern urban planning
Extensive cycling paths and parks
Waterfront recreation
Integrated transport connectivity
Newer schools and shopping malls
The Punggol Regional Sports Centre is estimated to be completed by end 2026. Located near Sam Kee LRT station. When completed, Punggol residents will get to enjoy excellent sports facilities such as the 5000-seat soccer stadium, Olympic-sized swimming pool, water sports centre, indoor sports hall with 20 badminton courts, 3 sheltered tennis courts, 6 pickle ball courts, fitness studios and gym. There will also be an archery field.
The town is connected via the North East MRT Line, Punggol MRT, and the Punggol LRT system. Punggol MRT and Riveria LRT are also MRT stations on the Cross Island line, estimated to be completed by 2032, it will further enhance Punggol’s connectivity across the island. Nearby expressways such as the TPE and KPE also improve accessibility for drivers.
A major long-term growth catalyst is the Punggol Digital District (accessible by Punggol Coast MRT station and buses), Singapore’s smart business hub that will house technology firms, innovation clusters, and higher education institutions. Large employment nodes often strengthen housing demand, rental demand, and long-term property values.
Compared to many mature estates, Punggol also offers relatively newer condominiums and larger living spaces at more accessible price points.
The Condominium Landscape in Punggol
Notable developments in the area include:
Watertown
The Terrace
Parc Centros
Prive
Twin Waterfalls
A Treasure Trove
If you are thinking of upgrading but not sure what are your options and affordability, contact me for a free consultation session.
PrimeKey Analysis Review on A Treasure Trove Condo
A Treasure Trove is a 99-year leasehold development in District 19 with 882 units and approximately 84 years of remaining lease tenure. Developed by Sim Lian JV (Punggol Central) Pte Ltd, A Treasure Trove is located around a 6-minute walk from Punggol MRT Station. The project performs strongly in key areas important to long-term homeowners, including transport connectivity, school accessibility, and family liveability.
Location
A Treasure Trove’s location and surrounding amenities - Punggol Sports Centre, One Punggol, SAFRA Punggol
Site Plan
Full condo facilities
The project has a unit mix that range from 2 bedroom to penthouses with 7 bedrooms. Full condo facilities and a clubhouse that was conserved, Matilda House.
PrimeKey Analysis Review on A Treasure Trove
PrimeKey Analysis is a proprietary framework developed by Navis that bridges the gap between raw data and human wisdom. It combines rigorously back-tested data with proven insights and decades of our collective market experience to evaluate and grade assets by their risk-reward potential. PrimeKey Analysis empowers investors to confidently grade and capitalise on opportunities while filtering out emotional hype and blind spots.
A Treasure Trove scored 3.8 stars on our PrimeKey Analysis framework
To see the full 40-point PrimeKey Analysis score breakdown for Watertown, click here for a free PDF copy of the report.
Analysis
A Treasure Trove demonstrates strong investment potential with a good project scale (882 units) with full condo facilities and supported by proximity to multiple schools (Valour Primary, Punggol Green Primary and Punggol View Primary).
Massive Future Upgrader Demand
Another major advantage is the extremely large HDB upgrader pool surrounding Watertown. The PrimeKey report identified over 44,600 HDB/BTO units nearby that are expected to reach MOP over the coming years.
This creates a strong pipeline of future upgrader buyers who may eventually look for nearby condominiums within the same area.
For owners, this is important because strong upgrader demand often supports:
Better resale liquidity
More stable pricing
Long-term capital appreciation
Curious how much your current HDB is worth and whether you can afford the upgrade to Watertown? WhatsApp me for a free indicative valuation and financial consultation.
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MRT Connectivity
The development is 6-minute walk from the Punggol MRT station, which is on the North-east line and the future Cross island line (expected to be completed on 2032). Combined with Punggol’s parks, open spaces, and waterfront amenities, the overall environment is highly suitable for long-term family living.
Close Proximity to the Growth Hotspot (Punggol Digital District)
The development also benefits from its relative proximity (about 875m) to the Punggol Digital District, which could support future demand as employment and commercial activity increase in the area. Despite the lack of upcoming Government Land Sales plot within 2km of the development, the project has a healthy remaining lease of about 84 years, this reduces concerns around lease decay compared to older leasehold developments.
Strong Rental Demand
Rental yield of 3.2% in the OCR region is solid and the extensive pool of upgrader units within 2km of the development signals sustained demand. These factors collectively position the project as a compelling option for investors or home owners seeking stable returns and growth.
Prices at A Treasure Trove
Prices at A Treasure Trove has grown about 64.1% from 2016 till date. There is a healthy volume of sales transactions yearly.
Prices at A Treasure Trove has grown about 64.1% from 2016 till date. (source: Huttons Super App)
Recent transactions at A Treasure Trove
Prices Compared to Nearby Condos
Price comparisons with nearby condos (source: Huttons Super App)
Is A Treasure Trove Good Value for Money?
Compared to many more mature estates such as Tampines, Bishan, Queenstown, Punggol condos generally remain more affordable while offering newer infrastructure and family-oriented planning.
A Treasure Trove delivers several important attributes within a relatively accessible price range:
Walking distance to MRT
Strong school accessibility
Large-scale condo facilities
Exposure to future growth drivers
Strong upgrader demand
For buyers prioritising practical long-term living rather than short-term speculation, the project offers a strong balance of convenience, liveability, and future potential.
Suitable Buyers
For families seeking good connectivity, strong school access, and long-term liveability, A Treasure Trove remains one of the stronger condominium options in Punggol.
Its combination of MRT convenience, family-friendly planning, large-scale facilities, and exposure to future transformation drivers positions it well for sustainable long-term demand.
While it may not be a short-term speculative play, it offers solid fundamentals for buyers looking for stable resale demand, comfortable family living, and long-term value appreciation.
Frequently Asked Questions (FAQ)
Where is A Treasure Trove?
Punggol Walk in District 19.
When did A Treasure Trove TOP?
2015. It is 99 years leasehold property commencing from 2011.
How many units are there?
882 units.
Is the clubhouse a conservation house?
The Matilda House is a conservation bungalow that now serves as a clubhouse in the development. Built in 1902 by Alexander William Cashin for his wife Sarah Cashin, Matilda House was named after his mother, Josephine Matilda Cashin.
Kar Hoon is a realtor active in District 19. She has lived in Punggol for more than 20 years and is very familiar with the estate. She works with clients to plan their asset progression journey. Her goal is to help others acquire their dream homes and navigate their real estate investment journeys with confidence and care.
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