Sky Eden @ Bedok Unique Selling Point
- Excellent transport connectivity - 4 minutes’ walk to Bedok MRT station and bus interchange (integrated transport hub)
- Direct access to Downtown Singapore and Central Business District via MRT East-West Line
- Located within the vibrant Bedok Town Centre and very near Heartbeat @ Bedok
- 4 minutes’ walk to Bedok Mall and many other popular shopping destinations
- Near many interesting food places
- Family-friendly location, with many popular schools and tertiary institutions nearby
- Short drive or 10 minutes' cycle to leisure destinations such as East Coast Park and Bedok Reservoir Park
- Proximity to major employment hubs offers promising investment potential
Where is Sky Eden @ Bedok Condo Located?
Sky Eden @ Bedok condo is located at the town centre of Bedok, which is one of the largest residential estates in Singapore by population. The area is well-served by public transport, with the Bedok MRT station and bus interchange just 3 minutes’ walk away.
There are also many amenities nearby, such as shopping malls, eateries, polyclinic, public library, supermarkets, childcare centres, schools, and sport centres. Being a self-contained housing estate, it offers an ideal location to raise a family.
Who is the Developer of Sky Eden?
The developer for Sky Eden @ Bedok condo is Frasers Property, a trusted and well-known multinational real estate and property management company that develops, owns, and manages a diverse, integrated portfolio of properties.
Listed on the Main Board of the Singapore Exchange (SGX) and headquartered in Singapore, the Group has total assets of $40.7 billion as of 31 March 2022.
Its assets range from residential, retail, commercial & business parks, to industrial & logistics in Southeast Asia, Australia, Europe, and China.
Some of its private residential developments in Singapore include Seaside Residences, Riviere, 8@Mount Sophia, and North Park Residence, with the latter conferred World Gold Winner at the FIABCI World Prix d’Excellence Awards 2022.
What are the Prices of Sky Eden @ Bedok?
At the sales launch of Sky Eden on 7 September 2022, almost 75% or 118 out of 158 residential units were snapped up at an average price of S$2,100 per square foot (psf). All 2-bedroom units, which made up 40% of the development, were fully sold.
Two-bedroom units with sizes of 657 sq ft to 743 sq ft were priced from $1.31 million ($1,994 psf). The remaining units are the 3-bedroom premium units of 1,087 sq ft, which start from over $2 million, and 4-bedders of 1,302 sq ft, which are priced upward of $2.6 million.
The strong demand is not unexpected, with Singaporeans and HDB upgraders making up the majority of the buyers. Given the continued rise in HDB resale flat prices, it provides an opportunity to switch to a private property offers a higher standard of living. In addition, there is an increasing realisation that private properties offer more promising investment potential.
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Sky Eden @ Bedok Unit Mix
Sky Eden seeks to be a “green focal point in the vicinity” where there is an emphasis on biophilic design and green features. These include landscaped sky bridges on every level, an environmental deck, and an eco-pond.
Sky Eden @ Bedok offers a choice of 2- to 4-bedroom units. This will cater to a wide range of buyers, including singles, families with children and investors.
Layouts
All the units come with a dumb-bell layout to maximise the use of space. Master-bedroom for every unit type can accomodate a king-size bed. Below is a brief summary of the features for each unit type.
2-Bedders: A choice of 1 or 2 bathrooms, with B1 (Deluxe) Type only have a shared bathroom. U-shape kitchen. B2 & B3 (Premium) come with full-height glass panel between kitchen and dining room.
3-Bedders: Enclosable kitchen with natural ventilation and a yard. C2 & C3 (Premium) comes with a home shelter.
4-Bedder: Enclosable kitchen with natural ventilation. Comes with a wet/dry kitchen with yard, home shelter, and a Junior Master bedroom.
Unit Provisions
Living/Dining/Balcony Finishes - porcelin tiles flooring, dark laminate door/door frames.
Kitchen Finishes - porcelin tiles flooring, counter top & backsplash, integrated stainless steel kitchen sink, cutlery tray, corner swivel basket for B2 & B3 unit types only.
Bedroom Finishes - vinyl flooring, laminate for wardrobe door (external), melamine for wardrobe (internal).
Bathroom Finishes - porcelin tiles flooring, compressed quartz vanity top, laminate (external) & melamine (internal) for cabinet doors.
Kitchen Fittings (Bosch) - hood, induction hob, washer cum dryer, freestanding fridge.
Common Bath Fittings (Gerberit & Hangrohe) - wall-hung WC with concealed cistern flush, shower set, basin mixer, shower mixer, undercounter basin,
For more information, please view floor plans and unit provisions.
Dining Room
Bathroom
Bedroom
Kitchen
Excellent Transport Connectivity
Sky Eden @ Bedok condo enjoys excellent transport connectivity as the Bedok integrated transport hub (ITH) is just 4 minutes’ walk away. ITHs are fully air-conditioned bus interchanges integrated with MRT stations and linked to commercial developments such as shopping malls.
Hence, residents living near them will have easy access to a plethora of transport options.
In addition, many MRT interchanges are near Sky Eden @ Bedok, allowing for more efficient and faster commutes. The following are some of the MRT interchanges:
- Tampines MRT Interchange (East-West/Downtown Line) - 3 stops away
- Paya Lebar MRT Interchange (East-West/Circle Line) – 3 stops away
- Pasir Ris MRT Interchange (East-West/future Cross Island Line) – 4 stops away
- Bugis MRT Interchange (East-West/Downtown Line) – 7 stops away
- City Hall Interchange (East-West/North-South Line) – 8 stops away
For perspective, a trip to the Central Business District (CBD), Orchard Road, and Marina Bay merely takes 25, 32 and 35 minutes, respectively.
Major Expressways Near Sky Eden
Two major expressways are less than 6 minutes’ drive from Sky Eden @ Bedok – Pan Island Expressway (PIE) and East Coast Parkway (ECP). They will help to shorten travelling time for those who drive. Below is the estimated driving time to major employment hubs:
- Tampines Regional Centre - 8 minutes
- Paya Lebar sub-Regional Centre - 11 minutes
- Changi Business Park – 12 minutes
- Changi Airport - 19 minutes
Shopping Malls Near Sky Eden @ Bedok
Being a mixed-use development, residents of Sky Eden @ Bedok will have convenient access to retail and dining services at the first floor.
But many more shopping malls can be found nearby, and they include the following:
- Bedok Mall – 4 minutes’ walk away
- DjitSun Mall - 5 minutes' walk away
- Singapore Expo and Changi City Point – 2 MRT stations away
- Eastpoint Mall (Simei) – 2 MRT stations away
- Jewel @ Changi – 3 MRT stations away
- Tampines Mall, Century Square, Tampines One, and Our Tampines Hub – 3 MRT stations away
- PLQ Mall, Paya Lebar Square, Singpost, City Plaza, Kinex, Joo Chiat Complex) – 3 MRT stations away
Bedok Mall
Singapore Expo
DjitSun Mall
Changi City Point
Together, these shopping malls provide residents a plethora of retail, entertainment, and leisure options, saving them the trouble of travelling all the way to the city.
In addition, you can find supermarkets, children’s enrichment centres, medical, banking and many other essential services in these shopping malls
Other Amenities
Being located within the Bedok Town Centre, Sky Eden @ Bedok is just minutes’ walk to the market, food centres, and Heartbeat @ Bedok.
Heartbeat @ Bedok is a town-level community avenue catering to the changing lifestyle needs of Bedok residents. It comprises of food and beverage outlets, childcare and enrichment centres, retail outlets, Kampong Chai Chee Community Club, Bedok Polyclinic, Bedok Public Library, NTUC Silver Circle - Senior Care Centre, and ActiveSG Bedok Sport Centre.
The sports centre offers facilities such as swimming pool, sports hall, badminton courts, tennis courts, gymnasium, and Active Health Lab.
Interesting Food Places And Foodie Havens
There are several interesting food places around Sky Eden @ Bedok. Some of these include the Bedok Interchange Food Centre, Bedok Market & Food Centre, Bedok South Market & Food Centre, Simpang Bedok, and Fengshan Market & Food Centre. Together they offer residents a plethora of affordable local favourites and more.
There are also a couple of foodie havens a short drive away at East Coast Road, Joo Chiat, and Katong. Together, they offer an intriguing mix of artisan cafes, bars, and hip restaurants operating alongside traditional eateries. Some of them open till late at night and they have become favourite haunts for those looking for a supper fix.
Bedok Interchange Hawker Centre
Joo Chiat Foodie Haven
Simpang Bedok Food Centre
Katong Eateries
Bedok Reservoir Park
East Coast Park
Major Employment Hubs Near Sky Eden @ Bedok
Changi Region Master Plan
According to the Changi Region Master Plan, it will be transformed into a thriving economic hub with the development of the Changi Terminal 5, Changi East Industrial Zone, Changi East Urban District, and Changi Aviation Park. They are part of the major transformation in the East Region.
The mega Changi Terminal 5, which is the size of Terminal 1,2 and 3 combined, is expected to be completed by mid-2030 after construction was being delayed by the covid-19 pandemic.
These major hubs are envisaged to boost Singapore’s aviation and freight transportation industries. This will result in bringing more jobs to homes in the East Region, which will in turn spur demand for housing.
With Sky Eden @ Bedok condo having direct access to the Changi Airport and it is just three MRT stations away, this will give homebuyers and property investors the first-mover advantage.
Meanwhile, there are already several major employment hubs nearby - Tampines Regional Centre, Pasir Ris Wafer Fabrication Park, and Loyang Data Centre. As they can be easily reached by public transport, they offer a good catchment of potential tenants for those looking for investment.
Conclusion – Is Sky Eden A Viable Property Investment?
If buying for own stay, Sky Eden @ Bedok offers many living conveniences. They include the following:
- 4 minutes’ walk to the Bedok MRT station and bus interchange, providing easy access to many parts of Singapore
- Located within Bedok Central, offering residents a plethora of amenities
- Close to many shopping malls and interesting food places
- Convenient access to many popular schools
- Near Bedok Reservoir Park and East Coast Park
- Work near major employment hubs
However, like any property investment, the entry price will be one of the major considerations.
With Sceneca Residence likely to be launched before the year-end, it would offer an alternative to Sky Eden @ Bedok, which can only benefit property buyers or investors as there will be competition between developers.
However, Sceneca Residence, which is also a mixed-use development and just one train stop away, will be directly linked to the Tanah Merah MRT station. On the other hand, Sky Eden @ Bedok is 4 minutes’ walk to the Bedok MRT station, but has the advantage being located within the Bedok Town Centre and enjoys easy access to a plethora of amenities.
Although the pricing for both projects have not been released yet, the Sceneca Residence is estimated to be launched from $1,8xx psf on average (based on its land rate of $930 psf ppr). Hence, Sky Eden @ Bedok could be launched around similar levels.
Should it be launched at a lower price, it would offer a great buy since other upcoming new launches in the Outside Central Region (OCR) will be selling higher due to the escalation of land prices in the last 1-2 years.
To recap, the following are the recent land prices:
- Ang Mo Kio Avenue 1 - $1,118 psf ppr (estimated launch price around $2,1xx psf)
- Lentor Central – $1,204 psf ppr (estimated launch price around $2,2xx psf)
- Lentor Hills Road (Parcel A) – $1,060 psf ppr (estimated launch price around $2,xxx psf)
- Dairy Farm Walk – $980 psf ppr (estimated launch around $1,9xx psf)
Bedok Property Price Trend
The last new launch in Bedok is Grandeur Park Residences about 5 years ago, a purely residential development. Hence, some pent-up demand could be seen. To examine how properties in Bedok have performed, let’s examine how it has performed together with Bedok Residences, an integrated development.
Price Trend - Bedok Residences versus Grandeur Park Residences
For Grandeur Park Residences, which was launched in November 2017 at an average price of $1,394 psf, it has appreciated by 16.14%.
As for Bedok Residences, which was launched in November 2011 at an average price $1,346 psf, it has appreciated by 17.09%.
Despite being an older development, Bedok Residences has outperformed, attesting to the allure of an integrated development and the convenience it offers.
However, Sky Eden @ Bedok is neither an integrated nor purely residential development, but a mixed-use development with some commercial outlets at its first floor.
Nevertheless, properties in Bedok have performed quite well overall, as can be seen from the above chart. If Sky Eden @ Bedok is priced right, it could certainly offer an attractive investment option.
In terms rental, Bedok Residences and Grandeur Park Residences have achieved average rental yields of 3.3% and 3.7% respectively. These are very decent levels and are comparable or even higher than most properties in prime District 9.
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Other Property Reviews
You may also be interested in the following property reviews. More details on new launches can be found in project information.
- Skywaters Residences, a 99-year mixed-use development in District 1 by Perennial Holdings.
- Newport Residences, a mixed-use development located between Prince Edward and Tanjong Pagar MRT stations.
- TMW Maxwell, a mixed-use development 2 minutes' walk from Maxwell MRT station in District 1.
- Marina View Residences, a luxurious mixed-use development in District 1.
- Watten House, a premium freehold condo near Tan Kah Kee MRT station.
- Hill house - a 999-year condo development at Institution Hill.
- Perfect Ten - a prime District 10 condo near Newton and Stevens MRT stations.
- The Reserve Residences, a 99-year integrated development next to Bukit Timah Plaza in Singapore's District 21.
- Blossoms By The Park - a mixed-use development at one-north.
- The Hill @ One-North, a mixed-use development near Buona Vista and one-north MRT stations.
- The Continuum - a freehold condominium development near Paya Lebar and Dakota MRT stations.
- Grand Dunman - a 99-year leasehold mega condo development in District 15.
- Pinetree Hill, a 99-year leasehold condominium located off Ulu Pandan Road In District 21.
- Tembusu Grand - a 99-year leasehold condo development by CDL near East Coast Park.
- Terra Hill - a freehold hillside condo located 350m from Pasir Panjang MRT station.
- The Arden - a condo development at Phoenix Road in the Bukit Panjang housing estate.
- Lentor Hills Residences - a 99-year condo near Lentor MRT station.
- LakeGarden Residences, a 99-year leasehold condo in Jurong Lake District.
- J’Den, a 99-year mixed-use development opposite the Jurong East MRT station in Singapore’s District 22.
- Altura EC, an executive condo near Bukit Gombak MRT station in District 23.
- The Myst, a 99-year leasehold condo near Cashew MRT station.
- Hillock Green, a 99-year condo at Lentor Central.
- Hillhaven, a condo at Hillview Rise in District 23.
- Botany At Dairy Farm - a 99-year leasehold condo located a short distance from Hillview MRT station.
- Sceneca Residence - a mixed-use development directly linked to the Tanah Merah MRT station.
For more details on new launches, you can find them in project information.
