SLA awards tenders for Dempsey Road properties to Power Moves and Florte Design
Florte Design aims to open up a market for retail floral and daily life product on the site with an all-day cafeteria services floral-infused beverages. The real estate is going to in addition include a fitness studio and a flexible event space-cum-photo salon with floral arrangements.
Curio Home Accents provided the optimum price 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).
“Our efforts to launch brand-new creative concepts to Dempsey are beginning to materialize,” says Carrie Wong, director of business planning and development branch at SLA.
Power Moves’ proposal of $41,200 pm offers a 8.4% premium over the following highest possible proposal of $38,000 pm that was submitted by Lotusonwater Feng Shui. Different bidders feature Theta Collective ($22,000 pm), The Smok Hous ($13,777 pm) and Center Solutions ($7,007 pm).
Power Moves is a pilates studio that at present operates at Novena Specialist Centre. The studio sent a proposal of $41,200 per month (pm), beating 4 other proposals for the place.
The Singapore Land Authority (SLA) had started both tenders in between March and April, pursuing to further boost Dempsey’s reputation as an one-of-a-kind lifestyle and health enclave.
SLA awarded a separate tender for 13 Dempsey Roadway (# 01-01, # 01-02 and # 01-06) to Florte Design. The business runs domestic floral shop The Florté. It surpassed 7 other tender bids for the real estate, which is approved for artistic way of life usages.
The units at 13 Dempsey Road utilize a projected acreage of 5,423 sq ft and have a GFA of about 4,905 sq ft.
She includes that the higher weightage of the quality component in current tenders at Dempsey is a testament to SLA’s efforts in seeking ideas that will definitely infuse excitement to the precinct.
Additionally, Florte Design intends to work with local artists, musicians and nearby services to offer cross-promotional functions and foster community interaction.
The Singapore Land Authority (SLA) and Singapore Tourism Board (STB) have recently allocated 2 different tenders for houses throughout Dempsey Road. The two tenders come with a starting five-year contract, with the possibility to prolong for an additional term of four years.
Power Moves’ proposition features centers like a pilates center, aesthetic center, a coffee shop, and rooms providing health counselling and many other wellness-based services. The studio will also provide community initiatives such as outdoor exercise and mindfulness lessons, walkathons and concept pop-up activities to draw crowds.
The tenders for both locations closed on May 29 and were evaluated based upon price and quality aspects.
Florte Design’s bid of $17,904 pm presented the third best cost proposal obtained for the estate. Nevertheless, it had the highest mixed score based on both price (which lugged a 40% weightage) and quality (60% weightage).
Power Moves gained the tender for 13 Dempsey Road (# 01-05 and # 01-07) and 13A Dempsey Street. The real estates, that are accepted for health and fitness use, take up a land area of 9,657 sq ft and have a merged projected gross floor area (GFA) of 8,783 sq ft.