Chempaka Development Pte Ltd (a subsidiary of Frasers Property)
The developer of the District 16 Mixed-use Development of Sky Eden@Bedok is Frasers Property.
A subsidiary, Chempaka Development Pte Ltd, will undertake the development of Sky Eden@Bedok.
Frasers Property is a Singaporean MNC which develops, owns and manages properties in the residential, retail, commercial, hospitality, industrial and logistics sectors.
To date, Frasers Property Singapore has developed more than 21,000 residential apartment and currently manages a portfolio of 13 shopping centres, and a total of 7 office and business space properties.
As at 30 September 2021, the SGX-listed Group has total assets worth approximately S$40.3 billion.
The first property that Frasers Property developed is The Centrepoint, an iconic shopping centre in the heart of Orchard Road, Singapore’s premier shopping belt. The Centrepoint was developed in 1980, when Frasers Property were at that time the property division of Cold Storage Limited, a market and retail chain incepted in 1963.
Since then, Frasers Property have developed many residential properties, including the recently completed Seaside Residences in District 15, Martin Place Residences, St. Thomas Suites, The Azure and Waterfront Gold which is located at the nearby Bedok Reservoir Road.
The current project that the developer is marketing is Rivière, a luxurious new condo launch fronting the Singapore River. The site of Rivière is on the former site of Zouk, an extremely popular nightspot consisting of the eponymous Zouk main room, Phuture, Velvet Underground and the Wine Bar.
Having successfully developed North Park Residences and Watertown, Frasers Property has vast experience in the development of integrated development. An integrated development can be defined as a mixed-use development that consists of both residential and commercial components, which is also connected directly to a transport node. The transport node is normally a bus interchange and for certain projects, it would come together with an MRT station as well.
Hence, with the knowhow of developing integrated developments, Frasers Property would certainly be able to develop a well-designed mixed-use development with a good retail mix for Sky Eden@Bedok. Aspiring purchasers looking forward to owning an exquisite property situated at the heart of Bedok can proceed to Book An Appointment to View the Showflat.
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