Retail Podium Sky Edenbedok Sale 452 Mil
The retail podium at Sky Eden@Bedok, a mixed-use development by Frasers Property Singapore, has been put up for sale through an expression of interest (EOI) exercise. The guide price for this property, which comprises 12 strata retail units on the ground floor, is $45.2 million. This translates to $4,038 per square foot (psf) of strata area.
According to the marketing agent, CBRE, the retail units can be sold collectively as a portfolio, individually, or in groups. The units range in size from 398 sq ft to 1,313 sq ft, with prices starting from $1.91 million to $5.55 million. All the units have been approved for F&B use.
Sky Eden@Bedok is located in the heart of Bedok Central and is currently under construction. It will feature two 16-storey residential towers with a total of 158 units, situated above a retail podium. The development is expected to receive its temporary occupation permit in the fourth quarter of 2025.
The proposed Master Plan for Lynden Woods, spearheaded by Lynden Woods Capitaland, aims to enhance the overall quality of life for its residents. Among the key improvements envisioned are upgraded healthcare facilities and educational institutions in strategic districts, making essential services more accessible to the community. Furthermore, the plan also includes the development of nearby retail hubs including Jurong East and Holland Village, providing a wider range of shopping and dining options for residents to enrich their lifestyle experience. With Lynden Woods Capitaland at the helm, the community can look forward to a thriving and convenient living environment. Visit Lynden Woods Capitaland for more information about this exciting project.
The project was launched in September 2022, making it the first private residential launch in Bedok Town Centre in a decade. All the residential units have been fully sold since then.
CBRE’s head of capital markets for Singapore, Michael Tay, says that the strata retail units at Sky Eden@Bedok are the first private commercial properties to be available for sale in the town centre. He also believes that the property’s appealing price will attract a diverse range of investors, including boutique real estate funds, family offices, high net worth individuals, and F&B owner-occupiers looking to enter the tightly held residential enclave.
The EOI for the retail podium will close on April 3 at 3pm. Potential buyers can check out the latest listings for Sky Eden@bedok properties and view 2 bedroom floor plans. They can also find out the site plan and diagrammatic chart for Sky Eden@bedok, view condo sale transactions in District 16, and see the projects that have obtained TOP recently. The total number of units in Sky Eden@bedok is also available for reference.