The Singapore Land Authority (SLA) has put up for tender a cluster of twenty heritage bungalows in Sembawang. These properties have a lease tenure of five years, with an option to extend for another four years.
Situated along Admiralty Road East, Falkland Road, Auckland Road West and Fiji Road, these two-storey black-and-white bungalows were built in the 1920s and 1930s. They occupy a total area of approximately 245,300 square feet and have an estimated gross floor area (GFA) of 94,945 square feet.
The bungalows are open for lease with serviced apartment use, including options for multi-generational and senior co-living concepts. F&B and retail use are allowed, as long as the GFA does not exceed 9,580 square feet. The minimum stay for a serviced apartment is one week.
Additionally, these properties are being offered for tender on a price-quality basis. The closing date for the tender is June 11 at 11am, and the site is expected to be awarded in October.
In related news, the SLA has been exploring innovative ways to make use of state properties, such as reimagining them as co-living spaces, pop-up event venues, and social impact hubs. The agency is also committed to streamlining processes and introducing digital solutions, with the goal of replacing paper-based processes with a digital property conveyancing portal by 2026.
Colin Low, who headed the SLA’s Real Estate Investment Trust before taking on a role in public service, has shared his vision for the agency’s future. With its dedication to progress and adaptability, the SLA is poised to make significant contributions to the nation’s development.
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