SLA awards tenders for Dempsey Road properties to Power Moves and Florte Design
SLA awarded a separate tender for 13 Dempsey Road (# 01-01, # 01-02 and # 01-06) to Florte Design. The business operates homemade flower shop The Florté. It surpassed 7 other tender bids for the property, that is approved for artistic way of living applications.
The Singapore Land Authority (SLA) had started both tenders in between March and April, seeking to further enhance Dempsey’s credibility as an exceptional lifestyle and health enclave.
Power Moves’ proposition features establishments like a pilates center, beauty centre, a coffee shop, and areas offering dietary counselling and other wellness-based services. The studio is going to also offer neighborhood efforts including outdoor fitness and mindfulness classes, walkathons and themed pop-up activities to lure audiences.
Florte Design intends to open up a marketplace for retail floral and life-style product on the place with an all-day cafeteria offering floral-infused beverages. The real estate is going to in addition feature a health and fitness studio and a functional event space-cum-photo studio with botanic arrangements.
She includes that the higher weightage of the quality component in current tenders at Dempsey is a testament to SLA’s efforts in pursuing principles that will definitely infuse dynamics to the precinct.
The Singapore Land Authority (SLA) and Singapore Tourism Board (STB) have allocated two particular tenders for properties along Dempsey Roadway. The two tenders come along with an initial five-year lease, with the option to expand for a next term of 4 years.
“Our efforts to present brand-new artistic ideas to Dempsey are starting off to form,” says Carrie Wong, director of business planning and development branch at SLA.
The tenders for both sites closed on May 29 and were checked based upon price and premium aspects.
Florte Design’s proposal of $17,904 pm represented the third greatest price quote got for the property. However, it had the greatest mixed score based on both value (which carried a 40% weightage) and quality (60% weightage).
Furthermore, Florte Design means to work with local artists, performers and close-by businesses to offer cross-promotional activities and foster group involvement.
Power Moves won the tender for 13 Dempsey Roadway (# 01-05 and # 01-07) and 13A Dempsey Street. The properties, which are approved for health and fitness use, inhabit an acreage of 9,657 sq ft and have a combined approximated gross floor area (GFA) of 8,783 sq ft.
Power Moves’ proposal of $41,200 pm offers a 8.4% costs over the next highest proposal of $38,000 pm that was submitted by Lotusonwater Feng Shui. Various bidders feature Theta Collective ($22,000 pm), The Smok Hous ($13,777 pm) and Center Solutions ($7,007 pm).
The units at 13 Dempsey Road utilize an approximated land area of 5,423 sq ft and have a GFA of about 4,905 sq ft.
Curio Home Accents sent the best cost bid 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).
Power Moves is a pilates studio that at the moment runs at Novena Specialist Centre. The studio forwarded a quote of $41,200 per month (pm), defeating four other proposals for the site.
