SLA awards tenders for Dempsey Road properties to Power Moves and Florte Design

The Singapore Land Authority (SLA) had already launched both tenders in between March and April, pursuing to further improve Dempsey’s credibility as a distinct lifestyle and health enclave.

Power Moves is a pilates center that at present runs at Novena Specialist Centre. The studio sent a quote of $41,200 per month (pm), defeating 4 many other offers for the site.

Florte Design’s proposal of $17,904 pm presented the 3rd greatest cost proposal got for the property. However, it had the greatest bundled score based on both fee (which brought a 40% weightage) and quality (60% weightage).

Power Moves succeeded the tender for 13 Dempsey Roadway (# 01-05 and # 01-07) and 13A Dempsey Road. The properties, which are approved for wellness and training utilization, inhabit a land area of 9,657 sq ft and have a combined projected gross floor area (GFA) of 8,783 sq ft.

“Our initiatives to present new creative concepts to Dempsey are beginning to materialize,” claims Carrie Wong, director of business planning and property development department at SLA.

SLA awarded a different tender for 13 Dempsey Road (# 01-01, # 01-02 and # 01-06) to Florte Design. The company operates homegrown floral studio The Florté. It defeated seven other tender bids for the real estate, which is approved for creative lifestyle applications.

Florte Design aims to open a marketplace for retail floral and lifestyle product on the site with an all-day coffee shop services floral-infused drinks. The property will in addition feature a health and fitness center and a flexible event space-cum-photo salon with flower arrangements.

Power Moves’ proposal of $41,200 pm works with a 8.4% premium over the next greatest 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 Hub Solutions ($7,007 pm).

Power Moves’ proposition includes centers like a pilates center, aesthetic center, a coffee shop, and spaces providing nutritional guidance and some other wellness-based services. The studio will also deliver community campaigns like outdoor exercise and meditation courses, walkathons and concept pop-up functions to lure people.

The Singapore Land Authority (SLA) and Singapore Tourism Board (STB) have granted two separate tenders for houses around Dempsey Roadway. Both tenders come with a first five-year lease, with the possibility to prolong for a next phrase of 4 years.

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The tenders for both locations finalized on May 29 and were assessed based on cost and quality facets.

The units at 13 Dempsey Road occupy an approximated acreage of 5,423 sq ft and have a GFA of about 4,905 sq ft.

Additionally, Florte Design intends to collaborate with local area artists, musicians and neighboring organizations to deliver cross-promotional events and foster community involvement.

She includes that the better weightage of the quality component in current tenders at Dempsey is a testament to SLA’s efforts in pursuing principles that are going to inject dynamics to the district.

Curio Home Accents submitted the best rate proposal of $40,000 pm. Additional bidders consist of 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).


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