That looks handsome. I've only had my Tanglewood for a few months but it has become my favourite noodling bass since I found it on Reverb for £200. Yes, build quality is very good. It appears to be ply with a nice veneer back & top.
I didn't need it as I already have a Hofner HCT. With the toaster pickups on mine it's voice is quite different to the Hofner, more mids I think. The neck is a slimmer C profile rather than the Hofner D, and the waist is a softer shape.
I hadn't bought anything new for some time and was convinced that my gassing days were over and that I was so happy with my 2 favourites, my Squire Mustang & HCT, that I was gas free.
Anyway, pleased as punch with the Tanglewood I now claim to be gas free once again.