The bids on Bernam Street‘s Government Land Sale (GLS) site have been closed, and four offers have been received. One of 1 Bernam’s highest bid of $ 440.9 million comes from Chinese developer Hao Yuan Investment. The price reflects the land cost of 1,463psf per person.
Vesta SG Residences Pte and Vesta Sg Comm Pte Ltd placed second-highest bid of 405 million. At the same time, Laguna Garden Limited and Far East Commercial Trustee Pte Ltd came in third with 373.3 million offers. The partnership between Coli (Singapore) Pte Ltd and CSC Land Group (Singapore) Pte Ltd also participated with an offer of 343.3 million.
The upcoming One Bernam project has a maximum total floor area (GFA) of approximately 301,403 square feet and can produce up to 325 residential units with commercial space on the ground floor.
According to the $ 440.9 million offer price, One Bernam price is estimated at around 2,100 psf, and the selling price is estimated at 2430 psf, taking into account a 15% profit margin.
The Bernam site is in a great location due to the proximity of the two MRT stations. The MRT Tanjong Pagar Station is about 500 meters away, and the future MRT Prince Edward Station is nearby. In addition, the land is located within the CBD and is intended to be a vibrant mixed-use urban district with easy access to many facilities.
Benefits of Living in One Bernam
For people love to live in the Central Business District (CBD), Tanjong Pagar is for you. District 2 Tanjong Pagar is one of the best places to live because of its convenient access to services.
There are few schools available around, but everything is near your home, so there’s a lot to enjoy when you live here. There are plenty of food and shopping options nearby to benefit the inhabitants. Living in the city reduces travel time by providing quick access to both essential and recreational facilities that are often near your home.
Moreover, Tanjong Pagar isn’t just strategically placed for easy access to nearby locations. His transportation has improved. Transportation is convenient, and you can move smoothly on roads and MRT lines. There are several reasons why Tanjong Pagar should be your future home. Some of them are shown below:
Situated at Prime Location
One Bernam is located on Bernam Road in the Tanjong Pagar area of CBD. Due to its prime location in the heart of the city, residents can enjoy the vibrant lifestyle offered by the area and have easy access to various facilities.
Living near the city has many benefits for the residents of Wan Bernham. It’s close to the opportunity and means enjoying quick access to employment at CBD. Living here is suitable for residents who prefer to live in a prosperous neighborhood near their workplace.
When you live in One Bernam, everything is within walking distance. The excellent connectivity provides easy access to cafes, restaurants, and restaurants such as The Public Izakaya 2. Shopping malls such as 100AM and various entertainment options nearby.
Tanjong Pagar is the best residence for young professionals. It is guaranteed to reduce shipping costs and save money. Enjoy a cup of coffee at nearby Everton Park in 15 minutes, or spend a good time at the adjacent Singapore screening room, Oxwell and Company, and Gem Bar and Lounge around Club Street.
Improved Connectivity
One Bernam Condo is located in the prime location of Tanjong Pagar with an excellent transportation system. Whether you’re traveling by public transport or driving your car, you’ll have easy access to critical areas of this region of Singapore. Transportation is convenient due to its proximity to the main roads, nearby MRT stations, and numerous bus services.
The Tanjong Pagar MRT on the East-West Line is within a 6-minute walk from One Bernam. Other nearby MRT stations include Raffles Place, Telok Ayer, Downtown, Telok Ayer, Chinatown, Marina Bay, and Outram. The future MRT Prince Edward Island Station is just a 6-minute walk from One Bernam.
The neighborhood has good connections to major roads such as Keppel Road and Anson Road. It is connected to other parts of Singapore via major highways such as the Ayer Rajah Highway and the Marina Coastal Expressway.
Tanjong Pagar was also founded to allow cyclists to connect to different locations. This means that no one is excluded. Future residents of One Bernam at Tanjong Pagar will have easy access to facilities in a convenient location around their home.
Nearby Schools
Living in Tanjong Pagar is suitable for parents, even though there is no school within walking distance. The nearby Cantonment Elementary School is one of the good schools near One Bernam. Kindergartens such as Superland Pre-School 100AM, Mulberry Learning Center, KidsCampus Tanjong Pagar, and Modern Montessori Pre School @Pinnacle are within walking distance.
However, there are many school options in the nearby town, and residents can benefit within minutes of driving from One Bernam. Some of them are:
- Duke-NUS Graduate Medical School
- Gan Eng Seng School
- Global Indian International School
- MDIS (Management Development Institute of Singapore)
- Queenstown Primary School
- Zhangde Primary School
Nearby Shopping Centers
Tanjong Pagar is suitable for shoppers. There are some of Singapore’s best shopping malls, offering residents unlimited shopping options. If you live here, the mall is just around the corner so that One Bernam residents can expect quick access to basic supplies. In addition to shopping, some malls offer great hangouts and entertainment. Here are some of the best shopping destinations in Tanjong Pagar:
100 AM Shopping Mall
There is a 100 AM shopping mall, 270 meters from One Bernam. Placing this mall right next to the door gives you unparalleled convenience. It is one of Singapore’s few malls with the right balance of good food and shopping. The mall offers excellent products and services, so you can find almost anything you need.
Chinatown Point
Chinatown Point Shopping Center is nearby. Mixed development makes it a great shopping destination. There are many products and services you can enjoy here from well-known brands such as NTUC FairPrice, Uniqlo, and Daiso.
Tanjong Pagar Plaza
Tanjong Pagar Plaza is just a 2-minute walk from Wan Bernham. Commercial development is a great place to go for retail therapy. About 130 stores are offering a variety of products and services. Residents of Tanjong Pagar are guaranteed to find the right one here. You can find everything from electronics to cosmetics, fabrics to clothing. There are also taverns and restaurants where you can enjoy delicious meals after shopping.
In addition, you can easily navigate the vast mall full of shops and shops selling jewelry, health products, watches, cosmetics, and more. The mall is a popular dining destination, with a wide variety of restaurants and outlets offering a wide selection of dining options. You can find anything from Malay, Cantonese, Singaporean, Chinese, Japanese, and various international dishes.
There is also the Amara shopping center next to One Bernam. The distribution center has several stores that offer important services such as banks and retail and grocery shopping. Other places in the neighborhood where you can go shopping include China Square Central and the OG Building. If you’re still unsatisfied with your shopping, the Shenton Way is nearby.
Many food options in Bernam Condo
Tanjong Pagar will not disappoint you when it comes to food choices. Anson Road, Duxton Hill, Gopen Street, Tanjong Pagar Road, and Truss Street are full of cafes, restaurants, and eateries, so living here will not run out of places to eat. These great dining destinations offer various food, and you can find them within walking distance of One Bernam.
If you like street vendor food, you’ll appreciate what Tanjong Pagar offers. Walking centers near your home include Maxwell Lord Food Center, Amoy Street Food Center, and Lau Pas Sat.
Maxwell Food Centre
An 11-minute walk from One Bernam, you can reach this popular street vendor center. The location offers many menu options and has its food stalls. One of the reasons Maxwell Market Center is great is that it provides food that is hard to find anywhere else. In addition, food is cheap, and some start at $ 4. Some food stalls include Taisho Ramen, Popo & Nana’s Delights, Hagar Coffee Express, Maxwell Fuzhou, and Lad & Dad.
Tanjong Pagar Plaza
Tanjong Pagar Plaza is home to one of the busiest hawker centers in the neighborhood. The walking center attracts many people with delicious and reasonably priced food, so it’s no wonder you lose space at lunchtime on weekdays. Most of the regional dishes are here, including Michelin-listed Hainan curry puffs, Thunder Tea Rice, Yong Tau Fu, and Nasi Lemak. However, this location is not exclusive to the walking center. There are cafes, restaurants, and trattorias in the building.
Orchid Hotel Japanese Restaurant
Whenever you are looking for delicious Japanese food, the nearby Orchid Hotel is the place to go. There are many Japanese restaurants in the area, but none seem to match the quality of the food and service offered here. Some of the restaurants here are Ryo Sushi, Ramen Keisuke Tonkotsy King, and Kajiken, Keisuke Gyoza King.
Tanjong Pagar is famous as a small Korean Town because many Korean restaurants are offering KBBQ. However, there are many other food options in this neighborhood. Within minutes of walking from One Bernam‘s future home, you can always find the right meal with your friends and family.
Chill Out Spots
Due to the urban environment of Tanjong Pagar, you may think that there is little space to relax. Well, you’re wrong. There are many places you can go for a special moment. Whether you’re looking for quick access to adequate food or live entertainment or want a place to relax after a busy day at work, Tanjong Pagar has a place to live up to your expectations.
One thing to do here is to take a walk and explore the historic streets of Tanjong Pagar. There’s something for everyone around you, as there are plenty of charming galleries, quaint boutiques, lounge pubs, and trendy cafes in the neighborhood.
Ding Dong
The nearby Ding Dong is a great place to enjoy Southeast Asian-inspired great food and locally-inspired delicious food and cocktails. The restaurant is well designed with eclectic spaces and walls decorated with colorful posters. Food and food are inspired by the cultures of Japan, Vietnam, Singapore, and the Philippines.
Other exotic places nearby include Potato Head Singapore, Five Oars Coffee Roaster, Group Therapy Coffee, Jigger & Pony. Choose from a variety of locations to enjoy the outdoors with friends and family.
Nearby Parks and Recreational Points
Many people tend to think that a park cannot be found in busy Tanjong Pagar. Well, Tanjong Pagar has several parks, but there are many parks nearby that are easily accessible to residents. Some of them are listed below:
Urban park
Urban Park, also known as Tanjong Pagar Park, will become the neighborhood’s social center upon completion. It connects residents through a variety of events and activities in a beautiful environment. Just 7 minutes from One Bernam, the landscaped gardens provide a cool and relaxing space after a busy day.
Telok Ayer Green
Telok Ayer Green is a 14-minute walk from One Bernam between Amoy Street and Telok Ayer Street. The outdoor garden is surrounded by two historical sites, the Nagoya Durga and Thian Hock Keng Temple.
This park is a great place to gain insights into the history of the area. It is open to the public without a registration fee. Deep stories are scattered throughout the park in the form of lyrics. Aside from the tranquil pond views and the beautiful flowers here, the sculptures and plaques planted in Telok Ayer Green are fascinating. Describes the history of Amoy Street and Telok Ayer Street.
Some of the plaques explain how the first inhabitants of the area lived. The park also has a beach where you can sit and relax after shopping.
Anshan Hill Park
Despite the hustle and bustle of nearby Chinatown, there is a very relaxing and quiet excursion nearby, a 15-minute walk from Wan Bernam. The vegetation here is abundant and makes it a great destination to visit when living nearby.
At the entrance to the park, there is a board with an exciting history of the park. Explain who Ann Siang is and what she has accomplished. The park also gives you a different perspective of the busy city.
Duxton Plain Park
Duxton Plain Park is another hidden gem in Kreta Ayer, less than a 13-minute walk from One Bernam. The British established it before World War II. The park connects Tanjong Pagar’s Yankit Road and New Bridge Road. Nature lovers will be amazed at this park thanks to its lush vegetation.
Stamp Duties may be different for different purchasers. You may explore more from the Stamp Duty information here. Buyers may also Book an appointment to view the One Bernam Showflat to find out more.
It is also important to identify the loan to value for your scenario as MAS has strict regulations on home loans. For more information regards to financing or stamp duties, please fill up the contact form and we will be glad to assist.
Interested parties of One Bernam can find more project details in this site. The site plan and floor plans will be out soon and updated here. The elevation chart depicts the distribution of units in the development and the balance unit chart will updated regularly upon launch of the project. Please check back on this site to be kept posted.
