SLA awards tenders for Dempsey Road properties to Power Moves and Florte Design
Curio Home Accents provided the optimum price bid of $40,000 pm. Additional 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).
The units at 13 Dempsey Roadway take up an approximated land area of 5,423 sq ft and have a GFA of about 4,905 sq ft.
In addition, Florte Design intends to work with local artists, musicians and nearby services to offer cross-promotional activities and foster town involvement.
She adds that the better weightage of the quality component in recent tenders at Dempsey is a testament to SLA’s efforts in finding ideas that will definitely inject dynamics to the precinct.
The tenders for both spots closed on May 29 and were checked based on price and premium aspects.
Power Moves’ proposal of $41,200 pm works with a 8.4% costs over the next highest bid of $38,000 pm that was submitted by Lotusonwater Feng Shui. Various bidders include Theta Collective ($22,000 pm), The Smok Hous ($13,777 pm) and Center Solutions ($7,007 pm).
“Our initiatives to present brand-new creative ideas to Dempsey are starting off to take shape,” states Carrie Wong, director of business planning and property development branch at SLA.
Power Moves is a pilates center that at present runs at Novena Specialist Centre. The center sent a quote of $41,200 per month (pm), surpassing 4 many other proposals for the place.
Florte Design intends to open a marketplace for retail floral and life-style product on the area with an all-day coffee shop services floral-infused drinks. The property will in addition include a physical fitness shop and a functional event space-cum-photo salon with floral arrangements.
Power Moves succeeded the tender for 13 Dempsey Road (# 01-05 and # 01-07) and 13A Dempsey Street. The properties, which are authorized for health and training utilization, occupy an acreage of 9,657 sq ft and have a merged approximated gross floor area (GFA) of 8,783 sq ft.
SLA granted a different tender for 13 Dempsey Roadway (# 01-01, # 01-02 and # 01-06) to Florte Design. The firm operates native floral center The Florté. It defeated seven other tender proposals for the property, which is approved for artistic way of living purposes.
Power Moves’ quote consists of facilities like a pilates studio, aesthetic centre, a coffee shop, and areas providing health guidance and many other wellness-based professional services. The center will also deliver neighborhood initiatives including outdoor work out and meditation classes, walkathons and themed pop-up activities to lure crowds.
The Singapore Land Authority (SLA) and Singapore Tourism Board (STB) have awarded 2 particular tenders for houses throughout Dempsey Road. Both tenders come along with a starting five-year lease, with the choice to prolong for a next title of four years.
Florte Design’s quote of $17,904 pm presented the third highest price quote obtained for the property. Nevertheless, it had the highest bundled score based on both value (which lugged a 40% weightage) and quality (60% weightage).
The Singapore Land Authority (SLA) had started both tenders between March and April, seeking to even more boost Dempsey’s credibility as an exceptional lifestyle and wellness surround.
