Retail Podium Sky Edenbedok Sale 452 Mil
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the retail podium of Frasers Property Singapore’s Sky Eden@Bedok mixed-use development is now available for purchase through an expression of interest (EOI) exercise with a guide price of $45.2 million. This is a unique opportunity to own a piece of prime commercial real estate in the heart of Bedok, a bustling town in the eastern part of Singapore.The retail podium, which is located on the ground floor of the upcoming 99-year leasehold development, comprises 12 strata retail units with a combined area of approximately 11,193 sq ft. This translates to a guide price of $4,038 psf, making it an attractive investment opportunity for potential buyers.The strata retail units can be purchased as a portfolio, individually, or in clusters, according to marketing agent CBRE. The units have sizes ranging from 398 sq ft to 1,313 sq ft and are priced between $1.91 million and $5.55 million. All units have been approved for F&B use, providing a diverse range of investment options for investors.Frasers Property Singapore’s Sky Eden@Bedok is currently under construction and is expected to achieve its temporary occupation permit in 4Q2025. It is conveniently located in Bedok Central, just a short walk from the Bedok Integrated Transport Hub, which comprises Bedok MRT Station and a bus interchange connected to Bedok Mall.Map showing the location of Sky Eden@ Bedok (Source: EdgeProp LandLens)The development, which consists of two 16-storey towers on a retail podium, has 158 residential units and is the first private residential launch in Bedok Town Centre in 10 years. Since its launch in September 2022, all residential units have been fully sold.Michael Tay, CBRE’s head of capital markets for Singapore, describes the strata retail units at Sky Eden@Bedok as “the first private commercial properties to be available for sale in Bedok Town Centre”. He adds that the affordable quantum of the asset makes it an appealing option for 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 of the tightly held residential enclave.The EOI exercise for the retail podium will close on April 3 at 3pm. Potential buyers can visit the project’s website to view the latest listings and floor plans for Sky Eden@Bedok. They can also find out more about the site plan, diagrammatic chart, and condo sale transactions in District 16, as well as other projects that have recently obtained their temporary occupation permits. With its prime location, diverse investment options, and expected completion date in 2025, the retail podium of Sky Eden@Bedok presents a unique and attractive opportunity for investors to own a piece of this upcoming mixed-use development.