Overview Rating
One Bernam Condo presents itself as a highly desirable property that ticks all the boxes for investors and homeowners alike. Its location, amenities, and future development prospects make it an attractive investment opportunity with great potential for capital appreciation and rental return. However, its high sale PSF price may be a barrier for some buyers looking for more affordable options.
Tenure
One Bernam Condo has a leasehold tenure of 99 years from December 2019. While this may not be as desirable as freehold properties, it still provides owners with long-term ownership rights for almost a century.
Amenities
One Bernam Condo is located in a prime location in District 2, just a short walking distance to Tanjong Pagar MRT station and Prince Edward Road MRT station (u/c). The development is also close to major expressways such as AYE, CTE, ECP, and KPE. In terms of shopping, dining, and entertainment options, the area boasts an array of leisure spots including Marina Bay Sands, Gardens By the Bay, and Sentosa Island.
Future Development
The development is situated within the Greater Southern Waterfront, an area currently undergoing significant development by the URA which will further enhance its potential for future appreciation. The upcoming Prince Edward Road MRT station and other surrounding developments in the area will only add to its attractiveness as a valuable investment opportunity.
Sale PSF Price
One Bernam’s sale price per square foot is at an average of $3,413. While this figure is higher than the average PSF prices for condos in all regions in Singapore (OCR: $1,971; RCR: $2,294; CCR: $2,585), it is important to note that One Bernam offers premium fittings and finishes that contribute to its high value.
Resale Potential
The development’s strategic location in the heart of the CBD makes it highly attractive for both homeowners and investors. With its proximity to major transportation hubs and amenities such as shopping malls and entertainment options nearby, One Bernam presents itself as a valuable investment opportunity with great potential resale value.
Rental Yield
With its prime location and abundance of recreational facilities nearby, One Bernam has excellent potential for rental yield. However, rental market conditions are constantly changing due to factors like supply and demand levels which can affect rental values.
One Bernam Condo is a luxurious high-rise residential condominium located at Bernam Street in the Central Business District (CBD) of Singapore. Developed by HY-MCC (Bernam) Pte. Ltd., One Bernam Condo features 351 units spread across a 35-storey residential tower, a 2-storey commercial mall, and a 1-storey serviced apartment. The development also boasts an array of impressive facilities that are spread across two levels.
Location:
One Bernam Condo offers an unparalleled location in the heart of one of Singapore’s most vibrant districts. With excellent connectivity through multiple MRT lines such as Tanjong Pagar MRT and Prince Edward Road MRT (under construction), residents can easily access various destinations. Additionally, major expressways like AYE, CTE, ECP, and KPE are conveniently nearby for those who prefer driving. The district boasts an abundance of leisure spots and shopping centers that caters to different interests and tastes. Residents can indulge in a culinary journey right at their doorstep as the area offers diverse cuisine choices ranging from traditional hawker fare to international-inspired cuisine. The iconic Marina Bay Sands, Gardens By the Bay and Sentosa Island are only a short drive away.
Units:
One Bernam offers unit types that cater to various needs and preferences with sizes ranging from 441 square feet for compact 1-bedroom units to ultra-luxurious 5-bedroom penthouses measuring up to 4,306 square feet. The units feature premium fittings and finishing with practical layouts that maximize space utilization. Each unit is designed with elegance in mind while providing functionality for everyday living.
Price:
One Bernam’s price point is competitive relative to its location within the CBD accompanied by the quality finishes provided by developers HY Realty and MCC Land. With consideration given to current market conditions, One Bernam’s value for money stands out with its attractive pricing. The developer’s expertise and experience further contribute to the high-quality standards of the development.
Conclusion:
In conclusion, One Bernam Condo presents itself as an excellent investment opportunity for both homeowners and investors alike. Its strategic location in the vibrant CBD offers a dynamic city lifestyle, with abundant entertainment, dining, and shopping options at your doorstep. The development also presents a lucrative opportunity for tenants working in the vicinity. With its competitive pricing relative to its features and amenities, One Bernam represents great value for money. Overall, One Bernam is an attractive choice for those looking for luxurious city living with easy access to various facilities and attractions Singapore has to offer.
