Overview Rating
Sky Eden@Bedok offers a well-rounded residential experience with good proximity to amenities, reputable developer, strategic location, promising resale potential, and future development plans by URA. Although the sale PSF price is slightly on the higher side for its location, the other factors make up for it in terms of convenience and long-term investment prospects.
Tenure
Sky Eden@Bedok comes with a 99-year leasehold tenure. While not as highly valued as freehold properties, leasehold properties usually come at a lower initial purchase cost compared to freehold properties.
Amenities
Sky Eden@Bedok is conveniently located within a 5-minute walk to Bedok MRT station and the Bedok Integrated Transport Hub, providing easy access to public transportation. It is also just a 6-minute walk to Bedok Mall, which offers various dining and shopping options. Nearby schools include Red Swastika School, Opera Estate Primary School, Fengshan Primary School, Bedok Green Primary School, and Yu Neng Primary School. For sports enthusiasts, Heartbeat@Bedok ActiveSG is also within walking distance.
Future Development
According to the URA Masterplan, Bedok is set to undergo further development. Residents can look forward to an outdoor play corridor that connects Bedok Reservoir Park to East Coast Park, offering a greater variety of recreational activities. The Bayshore estate in Bedok South will also feature a green housing precinct near East Coast Park and be served by the future Thomson-East Coast line with walking and cycling paths.
Sale PSF Price
The sale PSF price for Sky Eden@Bedok starts from $1,937, which falls between the average PSF prices for condos in OCR ($1,971) and RCR ($2,294). This is considered slightly on the higher side for its location but can be justified by its convenient location and development quality.
Resale Potential
Sky Eden@Bedok’s resale potential is quite strong due to its strategic location between Paya Lebar Commercial Hub and Changi Business Park, Changi Aviation Park and Tampines Regional Hub – all of which are significant employment hubs in Singapore. Its proximity to amenities such as MRT stations, shopping malls, schools and parks further enhances its appeal among homebuyers.
Rental Yield
Given its strategic location near business hubs and amenities like MRT stations and shopping malls, Sky Eden@Bedok could offer good rental potential for property investors who are looking for stable rental income. However, the average rental yield in Singapore is roughly around 3-4%, so investors should also account for factors such as property maintenance costs and changing market conditions.
Sky Eden@Bedok is a new launch condominium development nestled in the heart of District 16 at Bedok Central. With a total of 158 residential units, ranging from two to four-bedroom apartments and various amenities, this mixed-use development is set to attract potential homebuyers and investors alike. This comprehensive review will cover the location, units, price, and overall impressions of Sky Eden@Bedok.
Location: Convenience in Bedok Central
Situated just a short 5-minute walk away from Bedok MRT station on the East-West line, residents will enjoy unmatched convenience when it comes to public transportation. The city center is only a 15-minute train ride away and Orchard Road Shopping Belt can be reached within 20 minutes.
In addition to its proximity to public transport, Sky Eden@Bedok is strategically located between Paya Lebar Commercial Hub, Changi Business Park, Changi Aviation Park, and Tampines Regional Hub. This makes it an attractive option for professionals working in these areas and increases its appreciation potential.
The development’s location also offers numerous shopping options such as Bedok Mall and various hawker centers like Bedok Interchange Hawker Centre and Bedok South Market & Food Centre nearby. For sports enthusiasts, Heartbeat@Bedok ActiveSG is within walking distance as well.
Units: Well-Designed Spaces with Quality Finishes
Units at Sky Eden@Bedok feature functional layouts that cater to different preferences. From two-bedroom deluxe units (657 sq ft) to four-bedroom premium units (1,302 sq ft), every apartment is designed with attention to detail. Bathroom fittings are sourced from reputable brands like Geberit and Hansgrohe while kitchen appliances are provided by Bosch.
The unique selling point of this development lies in its sky gardens situated on every floor. These communal spaces offer tranquility amidst greenery and offer residents additional recreational options like yoga and foot reflexology.
Price: Competitively Priced for its Offerings
With indicative prices starting from $1,310,000 or $1,937 per square foot (psf), Sky Eden@Bedok offers a competitive price point considering its location, unit quality, and amenities. Furthermore, the development is expected to generate interest among buyers as it is the first new launch condominium in Bedok in 10 years.
Conclusion: A Worthy Investment in Bedok
In summary, Sky Eden@Bedok provides a balanced mix of convenience, quality living spaces, and a range of amenities that cater to various lifestyles. Its strategic location near commercial hubs coupled with its serene environment makes it an ideal choice for both homebuyers and investors. Given the development’s competitive pricing relative to its offerings, Sky Eden@Bedok represents a worthy investment opportunity in District 16.
