Commercial property in Bedok up for sale

By
/ EdgeProp
|
October 11, 2018 11:00 AM SGT
A commercial property at 101 Bedok North Avenue 3 is up for sale via expression of interest (EOI), announced marketing agent Savills Singapore.
The property is in the Bedok Town Centre which has a private and public residential population of more than 300,000. 101 Bedok is between the arterial roads of Bedok Central and Bedok North Street 1, and the site is elevated from the main road. It is also served by the Bedok MRT station on the East-West line, which is an eight-minute walk from the property.
Several rejuvenation projects have been completed around the development, including the development of Heartland@Bedok and the Bedok Integrated Transport Hub and Mall.
ADVERTISEMENT
Several asset enhancement options can be considered, including the redevelopment of the site into a commercial development with an allowable gross floor area of 48,438 sq ft. The new development could comprise retail, entertainment, or educational shops; or as a medical hub or corporate headquarters.
“This is the only stand-alone commercial redevelopment site in a heartland area for sale now”, says Donald Goh, director of investment sales at Savills Singapore. This property will attract end-users and property investors, he adds.
The EOI closes on Nov 15.
Follow Us On
Our Sites
Edgeprop.sg (previously known as The Edge Property Singapore) – is the best property portal for home-seekers, buyers, investors and real estate agents alike in Singapore. On EdgeProp, you will be able to find all the latest news and views, informational guides, historical transactions and rental searches, and research data and analysis.
Whether you are looking to buy, sell or rent apartments, condominiums, executive condos, HDB flats, landed houses or commercial properties, we bring you Singapore’s the most comprehensive and up-to-date property news and thousands of listings to facilitate your property decisions.
Make better decisions with our easy-to-use free and paid tools. The Edge Fair Value tool lets users calculate the fair value of a property and find properties below market value in Singapore. Meanwhile, discover all things en bloc, including Singapore en bloc news, trends and our En Bloc Calculator, which helps to determine the probability of a Singapore project being put up for collective sale.
Web Version 3.6.17
Aside from that, EdgeProp also offers a market trend tracker that lets you access historical property data, sales volume and compare how similar properties are selling, a heat map that lets you find out where all Singapore’s most popular property sales locations are, a HDB lease tool that lets you calculate your HDB tenure, an affordability calculator, and a property watch list to track your preferred Singapore property by project or location, as well as new launches.
On the lookout for undervalued property or buying to rent? EdgeProp’s powerful search filters let you personalise your property-seeking experience – whether you are looking for a property near MRT stations, amenities like schools and childcare centres, or a good-value condo with a sea view – so that you find exactly what you are looking for.