SLA awards tenders for Dempsey Road properties to Power Moves and Florte Design
The tenders for both sites closed on May 29 and were analyzed based upon cost and quality facets.
The units at 13 Dempsey Roadway take up an estimated land area of 5,423 sq ft and have a GFA of around 4,905 sq ft.
Power Moves succeeded the tender for 13 Dempsey Roadway (# 01-05 and # 01-07) and 13A Dempsey Street. The real estates, which are authorized for health and training utilization, take up an acreage of 9,657 sq ft and have a merged projected gross floor area (GFA) of 8,783 sq ft.
Power Moves’ quote of $41,200 pm works with a 8.4% costs over the following highest possible proposal of $38,000 pm that was submitted by Lotusonwater Feng Shui. Different bidders include Theta Collective ($22,000 pm), The Smok Hous ($13,777 pm) and Center Solutions ($7,007 pm).
Florte Design intends to open up a marketplace for retail flower and daily life product on the area with an all-day café offering floral-infused beverages. The real estate is going to even feature a physical fitness studio and a functional event space-cum-photo salon with flower arrangements.
The Singapore Land Authority (SLA) and Singapore Tourism Board (STB) have recently awarded 2 separate tenders for real properties around Dempsey Roadway. Both of these tenders include a first five-year rent, with the possibility to expand for an additional term of four years.
Curio Home Accents submitted the optimum cost quote of $40,000 pm. Other bidders include Lotusonwater Feng Shui ($21,700 pm), Maywell Lifestyles ($13,244 pm), V-Zug Singapore ($12,500 pm), Elliott’s Antiques ($12,000 pm), Estudio Technologies ($10,800 pm) and Petizen ($5,000 pm).
On top of that, Florte Design means to work with local artists, performers and nearby businesses to offer cross-promotional events and foster local interaction.
“Our efforts to launch brand-new innovative principles to Dempsey are starting off to materialize,” states Carrie Wong, director of business planning and development branch at SLA.
Power Moves’ proposition includes establishments like a pilates center, beauty centre, a café, and spaces offering health counselling and some other wellness-based professional services. The center will also offer community efforts like outdoor work out and relaxation lessons, walkathons and themed pop-up events to lure audiences.
The Singapore Land Authority (SLA) had already launched both tenders in between March and April, getting to even more boost Dempsey’s credibility as an unique lifestyle and wellness surround.
SLA awarded a different tender for 13 Dempsey Roadway (# 01-01, # 01-02 and # 01-06) to Florte Design. The company runs homemade flower center The Florté. It defeated 7 other tender quotes for the real estate, that is accepted for creative way of living applications.
Florte Design’s quote of $17,904 pm represented the 3rd highest price quote received for the estate. Nevertheless, it had the highest combined score based on both value (which carried a 40% weightage) and quality (60% weightage).
She includes that the higher weightage of the premium component in recent tenders at Dempsey is a testament to SLA’s efforts in pursuing ideas that will definitely infuse excitement to the district.
Power Moves is a pilates studio that currently operates at Novena Specialist Centre. The studio submitted a proposal of $41,200 per month (pm), beating 4 other bids for the site.
