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One Bernam @ Tanjong Pagar – Condo Review By Lance Kuan This is a review of One Bernam condo, a mixed-use development in Tanjong Pagar in Singapore's District 2. It will consist of a 35-storey development comprising of a 2-storey commercial podium, 1-storey service apartments (13 units) and 32-storey residential tower (351 units) that comes with a swimming pool and communal facilities. There will also be a separate basement and multi-storey car park for visitors and residents respectively. In this review, I will seek to provide an unbiased evaluation of its locational attributes, design and layouts, as well as investment potential by analysing statistics on how similar properties in the area have performed. Nevertheless, if you require more information about the development or wish to arrange for a show flat viewing, or if you have any queries about property investment and the real estate market in Singapore, please feel free to Contact Me. Alternatively, you may WhatsApp Me for an information-sharing session, obligation-free. To navigate directly to each section of the review, please click on the links in the Table of Contents below. Table of Contents Key Attributes of One Bernam Condo Below are the key attributes of One Bernam Condo that will appeal to homeowners and property investors. Situated in the prime Central Business District (CBD) and at the heart of Singapore’s financial district, the 4th largest globally Strong rental demand from expatriates working in MNCs within the CBD and Downtown Singapore Easy access to a wide range of amenities such as shopping malls, supermarkets and eateries Convenient access to education institutions Excellent public transport network with two MRT stations nearby Short drive to two major expressways – Marina Coastal Expressway (MCE) and Ayer Rajah Expressway (AYE) Close proximity to Singapore’s Historical, Civic and Art Districts One station to the upcoming SGH Medical Campus Good investment potential amid the exciting transformation of Downtown Singapore, Greater Southern Waterfront and Rail Corridor One Bernam Condo's Site Location One Bernam condo is bounded by Bernam Street, Tanjong Pagar Road and Enggor Street and lies within Singapore's prime Central Business District (CBD), which is part of the Core Central Region (CCR) and Downtown Planning Region. One Bernam Site LocationIts strategic location close to the Raffles Place and Marina Bay financial district, as well as in the City Centre, where many Fortune 500 banks and companies have set up their operations and Regional Headquarters will ensure strong demand for housing. Being at the heart of Tanjong Pagar with Grade A offices like Guoco Tower, Frasers Tower and Capital Tower, One Bernam condo will enjoy a strong catchment of high-earning tenants working in the area. Hence, it is unsurprising that rental yields for properties in the district are around 3.5%, a very favourable level compared to about 2.5% for residential properties in Orchard Road. Although the area may look a little “sterile” surrounded by modern skyscrapers and shiny office buildings, it is not devoid of life though. Scattered all over the CBD are restaurants, cafes, hawker centres, food courts, sundry shops and a whole lot of amenities. There are also many places of interest nearby, such as the Buddha Tooth Relic Temple, Sri Mariamman Temple and Sang Cho Keong Temple. However, being located in the financial district, residents must be prepared to bear with the office crowd, noise and heavier traffic during the day. One Bernam's Unit Mix One Bernam provides a total of 351 units ranging from 1- to 3-Bedrooms and Penthouses, with the majority with north-south facing. The building was designed to create a distinctive image for the city with Signature screen along the façade and a sky terrace with views of the Great Southern Waterfront and the City. The following is a breakdown of the number of units and types (layouts). 1-Bedroom - 87 units (3 types) 2-Bedroom - 116 units (4 types) 2-Bedroom + Study - 116 units (4 types) 3-Bedroom - 29 units ( 1 type) Penthouses - 2 units of 3-Bedroom + 1 unit of 5-Bedroom (1 type each)