Archive for category: Misc

From daily necessities to luxurious items, residents can easily access a wide range of retail and dining options. The convenience of having these amenities nearby makes Jalan Loyang Besar Residences a highly sought-after residential area. With its strategic location and plethora of amenities, it is no surprise that Jalan Loyang Besar Residences is a top choice for many homebuyers. Additionally, the community also offers a range of recreational activities, making it an ideal choice for families and individuals alike. Furthermore, the modern and luxurious facilities available in Jalan Loyang Besar Residences provide residents with an unparalleled living experience.

Experience the best of urban living at Jalan Loyang Besar Residences, where convenience and luxury await. This sought-after residential area offers easy access to various shopping centers that cater to all the needs of its residents. From everyday essentials to indulgent treats, everything is just a stone’s throw away. This prime location, coupled with the abundance of amenities, makes Jalan Loyang Besar Residences a top choice for homebuyers. Families and individuals can also enjoy a range of recreational activities within the community. And with its modern and lavish facilities, Jalan Loyang Besar Residences provides an unparalleled living experience for its residents.

The Singapore Land Authority (SLA) has awarded the tender for the state-owned property at 26 Evans Road to local hospitality management turnkey solutions provider Cover Projects.

The tender for the refurbishment and repurposing of the conserved property for various uses, such as serviced apartments, students’ hostels, offices or F&B use, was launched on Aug 16 last year. SLA encouraged co-living concepts when it launched the tender for the Evans Road property, which will be for a lease period of 5+4 years.

A total of 25 bids ranging from $63,000 a month to $319,000 a month were received at the close of the tender on Oct 12. Local construction company Samwoh Corp submitted the highest bid of $319,000 per month. Other bids came from established co-living operators LHN Group, which launched the Coliwoo brand and The Assembly Place, which submitted bids of $165,000 and $168,000, respectively.

The tender was evaluated based on price and quality aspects, with the successful bidder selected based on the highest combined score. Even though Cover Projects had submitted the second-highest bid of $265,000 a month, it was awarded the tender for the project.

The property at 26 Evans Road sits on a sprawling site of about 153.821 sq ft. It’s located off Bukit Timah and within walking distance of the Singapore Botanic Gardens. On the site are several buildings, comprising two 3-storey buildings, another two 2-storey buildings and four single-storey buildings. They have a combined estimated gross floor area of about 69,593 sq ft. There are 56 surface parking spaces for cars.

SLA envisions the property to be transformed into a vibrant and attractive lifestyle destination, with a mix of businesses and community spaces. The successful tenderer, Cover Projects, has extensive experience in hospitality management and has completed various projects, including the management of Jalan Loyang Besar Residences, a co-living space in Singapore. With this project, Cover Projects will bring their expertise to the fore once again, creating a unique and enjoyable living and working environment for the residents of the Evans Road property. Additionally, their strong focus on sustainability aligns with SLA’s vision for a greener and more environmentally-friendly Singapore.

Cover Projects is expected to start work on the property in early 2020, with plans to complete the refurbishment and repurposing by 2022. The revamped property is set to become a prime location for co-living and co-working, providing a dynamic and inclusive community for its residents. With its strategic location and commitment to sustainability, the property at 26 Evans Road is set to be a highly sought-after destination for living, working and socializing in Singapore.