A collection of twenty historic bungalows in Sembawang has been put up for tender by the Singapore Land Authority (SLA). The properties are open for a five-year lease, with an option to extend for an additional four years.
The two-storey bungalows, which were built in the 1920s and 1930s, are situated along Admiralty Road East, Falkland Road, Auckland Road West, and Fiji Road. Spanning approximately 245,300 square feet in total, the bungalows have an estimated gross floor area of 94,945 square feet.
These bungalows are zoned for serviced apartment use and can also accommodate multi-generational and senior co-living concepts. F&B and retail businesses are also permitted, as long as they do not exceed a GFA of 9,580 square feet. The minimum stay for a serviced apartment is one week.
The evaluation of tender bids will take into account both the price and quality of the proposals. Interested parties can submit their bids until June 11 at 11am, and the winning bidder will be announced in October.
The SLA is constantly looking for ways to utilize state properties in innovative ways. In addition to offering them for lease, some properties have been transformed into co-living spaces, pop-up event venues, and social impact hubs, displaying the agency’s commitment to promoting diversity and vibrant communities.
The Singapore government is also taking steps towards digitalization, with plans to replace the traditional paper-based process by 2026. This will make the conveyancing of property more efficient and streamlined.
Colin Low, Chief Executive of SLA, has been leading the charge in transforming state properties and leveraging technology for the benefit of the public. His vision for these bungalows is to preserve their historical value while breathing new life into them, creating a new chapter in their already rich heritage.