{"id":25390,"date":"2021-04-28T14:07:33","date_gmt":"2021-04-28T06:07:33","guid":{"rendered":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/finestservices.com.sg\/?p=25390"},"modified":"2021-06-10T14:56:51","modified_gmt":"2021-06-10T06:56:51","slug":"one-bernam","status":"publish","type":"post","link":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/finestservices.com.sg\/one-bernam\/","title":{"rendered":"One Bernam"},"content":{"rendered":"\n

One Bernam<\/strong> is an upcoming condominium located at Bernam street<\/strong>. It will be a mixed development of residential and commercial storey<\/strong>. The property will be located within walking distance to Tanjong Pagar MRT station<\/strong>.<\/p>\n\n\n\n

Project Details<\/h2>\n\n\n\n
Project Name<\/strong><\/td>One Bernam<\/td><\/tr>
District<\/strong><\/td>2<\/td><\/tr>
Developer & Registered Address<\/strong><\/td>MCC Land (Singapore) Pte Ltd<\/td><\/tr>
Address<\/strong><\/td>Bernam Street<\/td><\/tr>
Showflat Location<\/strong><\/td>Bernam Street<\/td><\/tr>
Tenure<\/strong><\/td>A 99-year leasehold<\/td><\/tr>
Description<\/strong><\/td>A new condo development by MCC Land (the development is expected to open its doors to the public in 2021)<\/td><\/tr>
Number of Units<\/strong><\/td>325 residential units<\/td><\/tr>
Land Area<\/strong><\/td>3,846 sq m or 41,400 sq f<\/td><\/tr>
Lot Number<\/strong><\/td>TS03-00936X<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n
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Site Area for One Bernam (taken on Bernam Street)<\/figcaption><\/figure><\/div>\n\n\n\n

The tender for the GLS (Government Land Sales) at Bernam Street attracted 4 bids in total. The highest bid came from a Chinese developer called Hao Yuan Investment and it stood at $440.9 million. The price reflects a land cost of $1,463 psf ppr.<\/p>\n\n\n\n

The 2nd-highest bid of $405 million was submitted by Vesta Sg Comm and Vesta SG Residences, while the 3rd-highest bid of $373.3 million was submitted by Far East Commercial Trustee and Laguna Garden Limited. CSC Land Group and Coli (Singapore) also participated with a bid of $343.3 million.<\/p>\n\n\n\n

The maximum GFA (gross floor area) of the upcoming One Bernam stands at 301,403 sq ft and the development can yield up to 325 residential units, with commercial spaces occupying the first floor. Based on the bid price of $440.9 million and a profit margin of 15%, the breakeven price for this property stands at approximately $2,100 psf, while the selling price stands at about $2,430 psf.<\/p>\n\n\n\n

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Highlights of One Bernam<\/h2>\n\n\n\n
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Artist Impression of One Bernam<\/figcaption><\/figure><\/div>\n\n\n\n

\u2714 One Bernam is a new condo development that is being developed by MCC Land.<\/p>\n\n\n\n

\u2714 The development can yield up to 325 residential units.<\/p>\n\n\n\n

\u2714 The development is a part of the CBD area that is best known for being a vibrant mixed-use urban neighbourhood with easy access to a wide variety of amenities.<\/p>\n\n\n\n

\u2714 The total site area stands at 3,846 square meters.<\/p>\n\n\n\n

\u2714 The Tanjong Pagar MRT station and the upcoming Prince Edward MRT station are not too far away from the development.<\/p>\n\n\n\n

\u2714 There are some really good schools in the area, including Cantonment Primary School, Outram Secondary School, Shelton College International and the Duke-NUS Graduate Medical School.<\/p>\n\n\n\n

\u2714 Some of the best shopping destinations at Tanjong Pagar include Tanjong Pagar Plaza, 100 AM Shopping Mall, and Chinatown Point.<\/p>\n\n\n\n

\u2714 Some of the best eateries that this area has to offer include Tanjong Pagar Plaza, Maxwell Food Centre, and Orchid Hotel Japanese restaurants.<\/p>\n\n\n\n

\u2714 There are some really beautiful parks surrounding One Bernam, including Urban Park, Telok Ayer Green, Ann Siang Hill Park, and Duxton Plain Park.<\/p>\n\n\n\n

\u2714 Public transportation in this area is very convenient and within walking distance.<\/p>\n\n\n\n

Register Your Interest<\/h2>\n\n\n\n

Fill in the form for the latest updates and to book a showflat viewing appointment. You will be contacted within the day by official appointed agents of the development. (*required<\/span>)<\/p>\n\n\n\n

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    Location of One Bernam<\/h2>\n\n\n\n