WHY CHOOSE SKY EDEN?
Reason one
Lack of Private Residential within minutes walk from Bedok MRT
At Bedok Central, there is only one private residential among the area - namely Bedok Residences.
Bedok Residences have been faring well among other condos in district 16, the OCR and as well the Bedok area.
Sky Eden will be the next newest mixed development in the area.
Reason two
Strong demand from HDB Upgraders
Bedok is an area where it is heavily surrounded by both matured and new HDBS.
The latest being Linear Green @ Bedok, Ping Yi Green (which have already MOP) and Bedok North Woods and Bedok Beacon (which are less than 5years).
Bedok is a familiar ground for most families and as they rise to higher standards of living, the upgraders are looking for newer, better and exclusive homes.
Reason three
Enjoy the First-mover advantage
Based on URA Masterplan, there are 2 more plots of lands zoned Residential near Bedok Central. With the distance towards the main transportation nodes and the seamless connectivity to the rest of the amenities, Sky Eden location has definitely stood up strong and clear in the Home options among the buyers.
Industrial Estates, Commercial hubs and Business parks within or nearby Bedok town, also help to
provide nearer job opportunities for residents and attract ready pool of tenants.
A TRACK RECORD OF THE INCREASE
(Lack of Private Residential within short distance from Bedok Central - Bedok Residences Case Study)
Sales Transactions - Comparison of Bedok Residences, District 16 and Outside Central Region (OCR)
Bedok Residences was TOP in 2015 (launched somewhere in 2011). It was the only Private residential (or Integrated development) that was within walking distance from Bedok MRT and Bus Interchange. There were 583 residential units, with 1 bedroom to 4 bedrooms layout and Penthouses of over 2000sqft.
The graph shows that Bedok Residences has generally outperformed within the D16 and OCR.
Two strongest reason lies in being an integrated development and above the main transportation hub which was rare among the past years. Secondly, it was the only private residence back then among the HDB enclaves area.
<Supply and demand basis>
Sales Transactions - Comparison of Bedok Residences and Nearby Bedok MRT Condos
This is a comparison between Bedok Residences and nearby condos from Bedok MRT, namely Opera Estate Condo, Park East, Gemini Apartments and Casafina.
It shows that Bedok Residences has consistently outperformed the Private developments that are not within the MRT (walking distance). This is the advantage of the "near MRT and amenities" effect.
Sky Eden would have enjoyed similar benefits and advantages. Being the newest launch with better and improved facilities, it will add on its outstanding reasons to why buy Sky Eden.
Sales Transactions - Comparison of Bedok Residences and Bedok Area
The graph shows that Bedok Residences has generally outperformed compared to other Bedok area condos.
Rental Transactions - Comparison of Bedok Residences and Bedok Area
The graph shows that Bedok Residences has the stronger rental yield as compared to other condos within Bedok Area.
Sky Eden would be able to capture such ready tenant pools with stronger spending power within the same area too.
The graphs and its contents are provided for general information purposes only. It is not to be taken as a recommendation, and own due diligence should always be taken in consideration.
STRONG HDB UPGRADER POTENTIAL
Ready pool of potential future buyers with good profits from HDB
Nearby Bedok HDB Transactions
3 Room flats: Transacted $340,000 - $565,000
4 Room flats: Transacted $635,000 - $745,000
5 Room flats: Transacted $900,000 - $968,000
Note: Flat prices vary depending on the individual flat's attributes, such as age of flat, floor level, extent of renovations and valuations records.
Bedok Beacon
- Estimated MOP End 2026
- 500 units of 2-room Flexi and 4-room flats
- 2-room Flexi from $135K and 4-room from $407K
Bedok North Woods
- Estimated MOP 2025
- 357 units of 3- and 4-room flats
- 3-room from $272K and 4-room from $408K
FIRST MOVER ADVANTAGE
What would future new launch cost nearby?
- With Sky Eden expected to sell well and limited land opportunities nearby, if the nearby sites are released as private condominium sites, will it cost higher or lower?
- Even if they are earmarked for HDB or other developments, would this be the chance to own a new private home right at the heart of Bedok Central?
