Bedok Rise Residences

Bedok Rise New Property Launch
Launching Soon!

Excellent Connectivity

Next To Tanah Merah MRT.

Comprehensive Facilities

All facilities u wish for a condo.

Reputable Developers

Top bid by Allgreen Properties -a reputable Developer in Singapore.

  1. Prime Location/Connectivity: It is located next to Tanah Merah MRT station.
  2. Development Potential: It can accommodate a significant number of units, estimated at around 380 private condominium units.
  3. Strong Developer Demand: The site attracted a crowd of developers and a total of ten bids, with the top bid coming in higher than expected, reflecting robust market sentiment and confidence in demand and prices.

The Kuok group's Allgreen Properties submitted the highest bid for the Bedok Rise site, with an amount of S$464.8 million.

Hoi Hup Realty submitted the second-highest bid for the Bedok Rise , with an amount of S$462.8 million

A consortium comprising ABR Holdings, LWH Holdings, Macly Capital and RP Ventures is the third-highest bidder, and their bid amount was S$451.3 million

Exciting News for Homebuyers: Bedok Rise Site Sells for Top Price Near Tanah Merah MRT!

Great news for anyone looking to buy a new condo in a fantastic location! A prime piece of land at Bedok Rise, located right next to the Tanah Merah MRT station, has been sold to a developer for a price that shows huge confidence in the area.

Allgreen Properties, part of the respected Kuok group, submitted the highest bid of S$464.8 million for the plot. This result was even better than what market experts predicted, which is a great sign for future property values!

The site is all set to become a new condominium with about 380 private units, giving many people a chance to own a home in this sought-after area.

This sale reflects a very positive and confident property market right now. Developers are seeing strong interest in new homes and are keen to secure land, which means they believe in the future demand and prices.

This high-profile sale follows a trend of strong bidding for other desirable sites across Singapore, reinforcing the idea that now is a good time to buy! For example, a site nearby at Tanah Merah Kechil Link was developed into the successful Sceneca Residence and Sceneca Square.

Keep an eye out for updates on this development—it promises to be a great place to live with excellent connectivity!