In recent years, there has been a surge in demand for the
SLA has recently put up a collection of twenty charming heritage bungalows in Sembawang for tender. These properties, built in the 1920s and 1930s, boast a beautiful black-and-white colonial-style architecture and are situated on Admiralty Road East, Falkland Road, Auckland Road West, and Fiji Road. The land, which spans approximately 245,300 square feet, offers an estimated total gross floor area of 94,945 square feet.
Interested parties can bid for a five-year lease, with an option to extend for another four years. The properties are zoned for serviced apartment use, with the flexibility to accommodate multi-generational and senior co-living concepts. They can also be utilized for F&B and retail purposes, as long as the gross floor area does not exceed 9,580 square feet. The minimum stay for a serviced apartment is one week.
In a bid to encourage creative and quality proposals, the tender will be evaluated based on a price-quality basis. Those interested in submitting a bid must do so by June 11 at 11am. The winning bid will be announced in October.
In other news, the SLA has also been exploring the adaptive reuse of state properties, transforming them into co-living spaces, pop-up event venues, and social impact hubs. This initiative aims to revitalize and repurpose unused properties, bringing new life and vibrancy to the community. Additionally, the SLA plans to replace the traditional paper-based property conveyancing process with a digital portal by 2026. This move is expected to streamline and modernize the process, making it more efficient and convenient for all parties involved.
Colin Low, the CEO of SLA, has also announced that he will be stepping down from his role to join the public service sector. He has been at the helm of SLA since 2013 and has spearheaded various initiatives aimed at improving the management and utilization of state properties. Low’s successor is yet to be announced.