One Bernam Upcoming Luxury Condominium Mixed-Development

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Sherwin29
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Joined: Mon Dec 05, 2016 5:24 pm

One Bernam Upcoming Luxury Condominium Mixed-Development

Post by Sherwin29 » Wed Nov 18, 2020 11:50 am

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The One Bernam condo is located in District 02, Singapore, on Bernam Street. With a variety of units on the first floor, which adds approximately 325 residential units and commercial spaces. A gross floor space of 301,403 square feet is given for the 99-year leasehold development.

The breakeven price for One Bernam is calculated at approximately $2,100 psf and a sale price of approximately $2,430 psf, taking into account a 15 percent profit margin, according to the bid price of $440.9 million.

Given its proximity to 2 MRT stations, One Bernam site enjoys an outstanding position. Tanjong Pagar MRT station is located approximately 500 m away, and nearby is the future Prince Edward MRT station. In addition, the property is situated inside the CBD, which is a lively urban mixed-use community with convenient access to many amenities.

See One Bernam Review for more info.

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