The Singapore Land Authority (SLA) has announced the launch of a new tender for a cluster of twenty heritage bungalows in Sembawang. These properties, which have a rich history dating back to the 1920s and 1930s, are up for lease for a period of five years, with a possibility of extension for an additional four years.
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Located along Admiralty Road East, Falkland Road, Auckland Road West, and Fiji Road, these two-storey black-and-white bungalows cover an area of approximately 245,300 sq ft and have a total estimated gross floor area (GFA) of 94,945 sq ft. The properties are open for lease with the use of serviced apartments, including multi-generational and senior co-living concepts. They are also suitable for F&B and retail use, with a maximum GFA of 9,580 sq ft. The minimum stay for a serviced apartment is one week.
The tender is evaluated on a price-quality basis, with bids closing on June 11 at 11 am. The site is expected to be awarded in October. The properties present a unique opportunity for tenderers to offer innovative concepts that go beyond traditional use, such as co-living and pop-up event venues. These bungalows are also ideal for social impact initiatives, further highlighting the potential of these historic properties.