Frasers Property Singapore is offering investors a rare opportunity to own a piece of its mixed-use development, Sky Eden@Bedok. The retail podium, comprising 12 strata units on the ground floor, is now up for sale via an expression of interest (EOI) exercise. With a guide price of $45.2 million, the combined strata area of approximately 11,193 sq ft translates to a desirable price of $4,038 psf.
According to marketing agent CBRE, the retail units can be acquired as a portfolio, individually, or in clusters. These units range from 398 sq ft to 1,313 sq ft, and are attractively priced from $1.91 million to $5.55 million. All units are approved for F&B use, making them an attractive investment opportunity.
Sky Eden@Bedok, located in Bedok Central, is currently under construction and is expected to obtain its temporary occupation permit in 4Q2025. The 99-year leasehold development comprises 158 residential units spread across two 16-storey towers above the retail podium. It is strategically situated just a few minutes’ walk from the Bedok Integrated Transport Hub, which includes Bedok MRT Station and a bus interchange connected to Bedok Mall.
The development was launched in September 2022, marking the first private residential launch in Bedok Town Centre in the last decade. Since then, all residential units have been fully sold. 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. He states, “Given the asset’s palatable quantum, CBRE is confident that it will appeal to a wide range of investors, including boutique real estate funds, family offices, high net worth individuals, and F&B owner-occupiers who would want to break into the commercial space of a tightly held residential enclave.”
Interested parties can submit their bids for the retail podium until April 3 at 3pm. Sky Eden@Bedok properties can be found on various online platforms, including EdgeProp’s ‘Ask Buddy’, where the latest listings and transaction prices can be found. The website also offers a view of the site plan and diagrammatic chart for Sky Eden@Bedok. Other useful resources for potential investors include the transaction prices for condos in District 16, projects that have recently obtained TOP, and the total number of units in Sky Eden@Bedok.