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Property Review: Sky Eden @ Bedok (Updated 2024)
- Vivian Chong
- Sep 5, 2022
- 7 min read
Updated: Aug 1, 2024
Fellow Easterners, I am sure many of you have been to Bedok Point - the shopping mall within a 3-minute walk from Bedok MRT.
On 30 June 2022, Bedok Point has officially ceased operations. The owner of this building, Fraser Point, is developing it into a residential development with commercial units on the ground floor and this new development is Sky Eden.
In this article, let us go into the heart of District 16 and review this exciting condominium - Sky Eden.
Location of Sky Eden
District 16 is located in the Eastern part of Singapore and includes Bedok, Tanah Merah, Upper East Coast, Bayshore and Bedok Reservoir. It is an established and popular residential area.
Sky Eden is located in the heart of Bedok Central. It is a 3-minute walk from the Bedok Integrated Transport Hub, Bedok Mall and other amenities.
Transport Accessibility
Sky Eden has superb transport accessibility. Within 3-minute walk to the Bedok Integrated Transport Hub, the fully air-conditioned bus interchange is linked to MRT stations and has adjoining commercial developments like shopping malls.
For those who prefer to take the MRT, Sky Eden is a few stops away to 5 MRT Interchanges. You will reach Paya Lebar, MacPherson and Bugis MRT station when you head towards the city direction, Tampines, Expo and Changi Airport station when you head in the other direction.
For those who prefer the bus, you will find buses bringing you to all parts of Singapore from Bedok Bus Interchange.
Surrounding Amenities
Ask anyone who has been living in Bedok area and they will tell you just how conveniently Sky Eden is situated.
Located in the heart of Bedok Central, Sky Eden is surrounded by amenities - many eateries, supermarkets, shopping mall and clinics etc.
Just next to Sky Eden is the famous Bedok Interchange Hawker Centre which has been serving delicious local food to residents for decades.
Love sports? Head down to Heartbeat @Bedok and play a game of badminton or tennis. Or have a leisure swim before heading home after work.
You can also find Bedok Public Library and Bedok Polyclinic here.
And of course, take a stroll to Bedok Mall and get the shopping therapy without heading to town!
Just how convenient it is to be living in Sky Eden!
Nearby Schools
Bedok estate is a popular residential estate and you can find many schools here.
Parents with young children going into the primary schools will be concerned with the schools that are located within 1km of Sky Eden. Distance from where they live to their school affects the chances of their children getting to that school.
Primary Schools Within 1km of Sky Eden
How about higher education like secondary schools and tertiary institutions?
St. Anthony's Canossian, Anglican High, Victoria School/JC, Temasek Secondary/JC, Singapore University of Technology and Design are all nearby.
About Sky Eden
The Developer
Fraser Property Singapore is a strategic business unit of listed company, Frasers Property Limited,
Fraser is a well-known developer who owns, develops and manages residential, retail, office, as well as business park and business space in Singapore.
Fraser oversees 13 shopping malls, 7 office and business spaces and business park properties. They have developed more than 21,000 homes.
Some of the residential properties that Fraser developed include Waterfront Key, Waterfront Isle, Seaside Residences, Riviere and Parc Greenwich.
Project Information
Address | 1 Bedok Central Singapore 469657 |
Developer | Chempaka Development Pte Ltd (under Fraser Property Singapore) |
Description | Proposed residential development comprising of 1 block of 17-storey apartments with commercial at 1st storey, 2 basement carparks and communal facilities. |
Tenure | 99 years leasehold commencing 5 January 2022 |
Site Area | 4,136.6 sqm / 44,526 sqf |
Plot Ratio | 3.5 |
No. of Levels | 17 |
No. of Residential Units | 158 |
No. of Commercial Units | 12 |
Unit Mix
Unit Type | Typical Size | No. of Units |
2-Bedroom Deluxe | 657 sqf | 16 |
2-Bedroom Premium | 689 sqf to 743 sqf | 48 |
3-Bedroom Deluxe | 893 sqf | 32 |
3-Bedroom Premium | 1087 sqf | 46 |
4-Bedroom Premium | 1302 sqf | 16 |
Site Plan
The 158 residential units in Sky Eden are spread across 2 towers - North and South Tower.
The North Tower, which is facing towards Bedok Reservoir direction, consists of 4 stacks of 3-bedroom units (stack 01, 02, 03 and 05). There is only 1 stack of 2-bedroom units at stack 04.
The South Tower, which is facing towards the East Coast, consists mainly the 2-bedroom units at stacks 06, 07 and 08. The remaining other stacks are 3-bedroom units (stack 10) and 4-bedroom units (stack 09).
Facilities like swimming pools, clubhouse, gym, barbeque pits are located on level 2. There is also a function lawn just beside the pool where children can run around.
Garden bridges on level 3 to 17 connect residents from one tower to the other.
Floorplan
For the 2-bedroom and 3-bedroom units, there are 3 different layouts each.
And for 4-bedroom units, there is only 1 layout.
Let's compare the different layouts for each unit type.
If you are looking at the 2-bedroom units in Sky Eden, there are 3 different layouts to choose from. The main difference between the layouts is that B1 layout has only 1 bathroom, whereas B2 and B3 have 2 bathrooms.
Normally investors who are buying to rent out the unit will go for the 1 bathroom (B1 layout) for the smaller size hence the lower quantum.
Another major difference between the layouts is B1 and B2 are dumbbell layouts, whereas B3 is the more conventional condo layout.
Generally dumbbell layout is deemed to be more efficient as there is little wasted corridor space outside the bedrooms. However, the conventional condo layout (B3 layout) where bedrooms are tucked on one side of the unit, seems to provide more privacy to owners.
The above picture compares the 3 different layouts of the 3-bedroom units,
C1 layout is the most efficient layout as there is no home shelter and WC in the yard area. This layout appeals to investor most.
C2 and C3 layouts are almost mirror image of each other. It comes with a home shelter and WC in the yard area which might appeal to those who are buying for their own stay.
The 4-bedroom units are limited as there is only 1 stack located in Stack 09.
The 4-bedder layout appeals to larger families. Sitting on a floor area of 1,302 sqf, this layout comes with a huge master bedroom, an ensuite junior master and both a dry and wet kitchen,
Bedok estate, being a popular residential area for families, will find this 4 bedroom unit appealing.
Showflat
Take a look at this video that walks you through the showflat for Sky Eden.
Book a slot with me to find out more details about this project!
Comparative Price Analysis of Sky Eden
Now let's look at the prices of comparative developments near Sky Eden as a comparison.
(1) Bedok Residences (TOP 2015)
The closest residential development to Sky Eden is Bedok Residences.
Bedok Residences is located just a 3-minute walk from Sky Eden. It is part of an integrated development consisting of 583 residential units, a retail mall and a transportation hub linked to Bedok MRT station.
Bedok Residences has a 99-year leasehold tenure, with lease beginning 2011. It was TOP in 2015.
Average Transacted Price
From the above chart, we can see that the average transacted price for Bedok Residences is $1,746psf this year.
Over the past 10 years, prices for Bedok Residences have increased almost 34%. This development was a highly sought after project during the launch in 2011. More than 60% of the units were sold on the first day.
(2) Grandeur Park Residences @ Tanah Merah (TOP 2021)
Grandeur Park Residences is located near Tanah Merah MRT station. It is less than 5 minutes drive from Sky Eden.
This development is located in the Tanah Merah area and received its TOP in 2021. This is a 99-year tenure condo, with lease commencing in 2016. It is a huge development with 720 residential units.
Average Transacted Price
For the 3rd quarter of 2024, Grandeur Park Residences was transacted at an average price of $1,886psf.
Owners who bought during the launch in 2017 see their prices increase by more than 35% over the past 7 years!
(3) Sceneca Residence @ Tanah Merah (TOP 2027)
Sceneca Residence is an upcoming mixed-development located directly opposite Tanah Merah MRT Station. This is a 99-year tenure site with a land area of 95,587sqf.
As this is a mixed development, there will be residential units with commercial units on the 1st storey. The commercial portion is named Sceneca Square.
The developer for Sceneca Residence is MCC Land, who beat 14 other developers with the winning bid of $248.99m that translates to $930.34psf per plot ratio (ppr).
The current price for this development is ranged between $2,003 to $2,249psf while Sky Eden is currently priced between $1,930 to $2,072psf.
Conclusion
Bedok is home to around 280,000 residents and is one of the largest residential estates in Singapore.
Since 2017 when Grandeur Park Residences in Tanah Merah was launched, there was no other major development launched in District 16.
And if you prefer a more strategic location in Bedok, the last project that was launched here is Bedok Residences in 2011!
Whether you are considering a property for own stay or for investment, Sky Eden ticks many boxes and is a property I highly recommend.
Interested in Sky Eden or looking to start on your property journey? Let's chat!
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About The Author
Vivian joined the real estate industry in 2002.
Over the years, she has transacted numerous property deals, including HDB and private properties. She is well-versed in policies and regulations involving selling and purchasing residential properties. She has also handled complicated transactions like contra, divorce, administration/probate cases, and decoupling / part-share purchases.
Aside from her professional achievements, Vivian is a dedicated mother to 2 boys. Her role as a real estate mom has allowed her to strike a balance between her career and family, spending quality time with her children as they were growing up. Both boys are passionate footballers, and she takes great joy in supporting them at their school and club games.
Vivian is an active real estate salesperson and team leader. Call her at 98577714 for your real estate matters or if you are looking to join the industry.