CBRE has announced the sale of a ground-floor retail podium at Sky Eden@Bedok, a mixed-use development in Singapore’s Bedok Town Centre. The sale, conducted through an Expression of Interest exercise, will close on 3 April 2025. The podium comprises 12 strata retail units, all approved for food and beverage use, and is part of a development by Frasers Property Singapore that includes 158 residential units.
Sky Eden@Bedok, located in a prime area with excellent accessibility, is the first private residential launch in Bedok Town Centre in a decade. The development is strategically positioned near Bedok’s integrated transportation hub and offers significant visibility with dual road frontage along New Upper Changi Road and Bedok Central. The residential units were fully sold by 2024, and the development is expected to receive its Temporary Occupation Permit in the fourth quarter of 2025.
The retail units, totalling approximately 1,040 square metres, are available for purchase individually, collectively, or in clusters, with prices ranging from S$1.91 million to S$5.55 million. Michael Tay, CBRE Head of Capital Markets, Singapore, highlighted the scarcity and investment appeal of suburban ground-floor strata retail units, noting their potential to command premium rents.
Sky Eden@Bedok is surrounded by densely populated HDB estates and a variety of amenities, including Bedok Hawker Centre and Heartbeat@Bedok. The area is also undergoing rejuvenation, with plans to redevelop Bedok Stadium and expand residential offerings, potentially increasing the local population and demand for retail services.
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