One Bernam is not just a property; it’s a symbol of prestige, an opportunity for high returns, and a step toward financial security.

This prominent mixed-use development, located at 1 Bernam Street in District 2, was developed by MCC Land Singapore in partnership with Hao Yuan Investments. Awarded through a Government Land Sales (GLS) tender in 2019, the winning bid of $440.9 million translates to a land cost of approximately $1,463 psf ppr.

Project Overview

Key Details:

• Developer: HY-MCC (Bernam) Pte Ltd
• Site Area: 41,400 square feet
• Total Units: 351 residential units
• Tenure: 99- years leasehold
• Storeys: 35-storey building
• Expected TOP: March 31, 2026
  
  

Residential Offerings:

• One- and two-bedroom premium residences
• Spacious three-bedroom units
• Luxury penthouses above the Level 34 Sky Terrace
  

The development also includes serviced apartments for business guests, ensuring convenience and exclusivity.

Unparalleled Amenities

One Bernam is designed to provide a seamless blend of luxury and convenience:

• Retail Space: Two levels of shopping and dining options.
• Sky Terraces: Two green spaces for leisure and relaxation.
• Parking: 178 parking lots, including accessible spaces.
  
  

The Numbers Speak for Themselves

Since its launch in May 2021, One Bernam has attracted extraordinary demand. With 99% of units sold, only three penthouses remain. Over 75% of units were snapped up at an average price of $2,585 psf.

Exclusive Deals:

• One-bedroom units: Price cuts of $323,000 to $438,000, with units sold between $1.295 million and $1.328 million.
  
  

• Two-bedroom units: Discounts of $437,000 to $668,000, with prices ranging from $1.752 million to $1.78 million.
  
  

• Three-bedroom units: Discounts of $616,000 to $830,000, with prices from $3.496 million to $3.526 million.
  
  

These discounts are a rare opportunity in Singapore’s competitive property market. Missing out now could mean paying a premium for similar developments in the future.

Rental Income: A Golden Opportunity

One Bernam is scheduled to obtain its Temporary Occupation Permit (TOP) in March 2026. This means you could start generating rental income in just over a year. With existing condos in Tanjong Pagar fetching monthly rents of $6.90 psf to $7.40 psf, the potential for steady returns is undeniable.

Market Insights: What Makes One Bernam Special?

Strong Local Demand

According to ERA Singapore CEO Marcus Chu, One Bernam’s performance highlights its appeal as a stable and high-potential asset. About 78% of buyers purchased units as investments, with 87% being Singaporeans. The majority of these buyers are between the ages of 31 and 50, showcasing the development’s appeal to young professionals and families.

ABSD Hike: A Hidden Advantage

The recent hike in Additional Buyer’s Stamp Duty (ABSD) has reduced competition from foreign buyers, creating a golden window for local investors. This shift has made One Bernam an even more attractive option for Singaporeans seeking stable, long-term investments.

Prime Location

Nestled in the heart of Tanjong Pagar, One Bernam offers:

• Close proximity to Tanjong Pagar MRT and Prince Edward MRT stations.
• Connectivity to Anson Road, AYE, and major expressways.
• Access to a bustling business district and heritage spots.
  

Why Invest in Singapore Real Estate?

Stability: Singapore’s property market is known for its resilience and consistent growth.

High Rental Yields: Properties in prime locations like Tanjong Pagar command premium rents.

Favorable Tax Policies: Singapore offers attractive tax benefits for property investors.

What Sets One Bernam Apart?

Mixed-Use Development

One Bernam isn’t just a residential property; it’s a mixed-use development that includes retail and commercial spaces. This makes it a self-contained ecosystem where residents enjoy convenience at their doorstep.

Architectural Excellence

The design of One Bernam reflects modern sophistication, with spacious layouts and high-end finishes. Every unit is crafted to offer both luxury and functionality, ensuring a premium living experience.

Community Living

The development fosters a sense of community with shared amenities like landscaped gardens, swimming pools, and wellness facilities. This adds immense value for both residents and potential tenants.

Take Action Today

Opportunities like this don’t come often. With only three penthouses remaining and promotional prices making units more accessible, the time to act is now.

Imagine looking back a year from now and realizing that you missed the chance to invest in One Bernam. While others enjoy steady rental income and rising property values, you’ll be left wondering what could have been. Don’t let this happen to you. Contact us now!