The retail podium of Sky Eden@Bedok, a mixed-use development by Frasers Property Singapore, is currently up for sale through an expression of interest (EOI) exercise. The guide price for the podium, which comprises 12 strata retail units on the ground floor, is $45.2 million. With a combined strata area of approximately 11,193 sq ft, this equates to a guide price of $4,038 psf.
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According to the marketing agent, CBRE, the retail units can be sold as a portfolio, individually, or in clusters. They range in size from 398 sq ft to 1,313 sq ft and are priced from $1.91 million to $5.55 million. All the units are approved for F&B use.
Sky Eden@Bedok is located in Bedok Central and is currently under construction. This upcoming 99-year leasehold development features two 16-storey towers with a total of 158 residential units, situated on a retail podium. It is just a short walk away from the Bedok Integrated Transport Hub, which comprises the Bedok MRT Station and a bus interchange that connects to Bedok Mall.
Launched in September 2022, Sky Eden@Bedok was the first private residential project to launch in Bedok Town Centre in a decade. Since then, all residential units have been sold. The development is expected to obtain its temporary occupation permit in the fourth quarter of 2025.
Michael Tay, CBRE’s head of capital markets for Singapore, believes that the strata retail units at Sky Eden@Bedok will be highly sought after, being the first private commercial properties available for sale in Bedok Town Centre. He adds that the attractive pricing will appeal to a wide range of investors, including boutique real estate funds, family offices, high net worth individuals, and F&B owner-occupiers looking to enter the commercial space in this sought-after residential enclave.
The EOI for the retail podium will close on April 3 at 3pm. Interested parties can find the latest listings for Sky Eden@Bedok properties and view 2-bedroom floor plans, site plans, and diagrams. They can also check out the recent condo sale transactions in District 16 and the total number of units in Sky Eden@Bedok.