Type

Units

Min Area

Price Range

1 BR

452 sqft

S$1.2M

Property Highlights

Condo development with 2 units currently available.
Prices currently start from S$1.2M.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$236K on this acquisition.
Located 7 min (570 m) from EW15 Tanjong Pagar MRT Station.

Price Trends & Rental Yield

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One Bernam: A Central Business District Gateway to Singapore's Evolving Waterfront

One Bernam stands as a sophisticated residential offering in the heart of Singapore's Central Business District, situated at 1 Bernam Street within the vibrant Tanjong Pagar precinct. This development captures the essence of contemporary urban living, combining strategic location advantages with thoughtfully curated amenities that cater to the discerning resident seeking both convenience and lifestyle enrichment.

The project occupies a position of considerable advantage within the broader Singapore property landscape. Properties across varying configurations are available from launch, with pricing that reflects competitive market positioning for Central Region residences. The development's Central Business District classification places it within one of Singapore's most sought-after address corridors, traditionally associated with strong capital appreciation and sustained rental demand.

Strategic Location and Transport Connectivity

Bernam Street's proximity to Tanjong Pagar MRT station, approximately seven minutes' walk away, represents a significant draw for both owner-occupiers and investors. The East-West Line station provides direct connectivity to major business districts, retail precincts and residential neighbourhoods across the island, facilitating seamless commuting for working professionals. Additionally, the forthcoming Prince Edward MRT station within close proximity promises enhanced transport options, potentially amplifying accessibility and future property valuations as the station nears completion.

Bus services positioned directly at the development's entrance further enhance daily convenience, enabling residents to access local amenities, dining establishments and entertainment venues without reliance on private transportation. This multi-modal transport infrastructure has historically supported strong demand within the Tanjong Pagar locality, particularly among affluent professionals and downsizers seeking reduced commute times.

Positioning Within the Greater Southern Waterfront Precinct

The development's location within the future Greater Southern Waterfront development area positions residents to benefit from planned urban rejuvenation and expanded recreational spaces. This long-term district-wide evolution promises enhanced public spaces, waterfront experiences and mixed-use facilities that will likely drive sustained interest in residential properties throughout the precinct. Early acquisition at One Bernam enables investors and owner-occupiers to establish a presence within this transforming landscape before full-scale precinct development materialises.

Curated Lifestyle and Amenity Offerings

One Bernam distinguishes itself through an unusually comprehensive collection of resident amenities spanning multiple sensory and recreational experiences. The development features an extensive network of sky gardens distributed across its height, including the North Sky Garden, South Sky Garden and Palm Garden, creating verdant retreats above the urban landscape. These landscaped spaces incorporate thoughtful design elements such as the Alocasia Walk and Fragrant Garden, promoting wellness and sensory engagement throughout the building.

Dining and social experiences are well-represented through multiple dedicated facilities. The Sky Dining Function Room and Gourmet Function Room provide flexible spaces for entertaining guests and hosting private events, whilst the Garden Dining Pavilion extends hospitality experiences into landscaped outdoor settings. For active residents, the development incorporates a dedicated Sky Gym, Fitness Deck and Yoga Deck, catering to health-conscious occupants seeking integrated wellness facilities. Recreational leisure is further supported through a Swimming Pool, Spa Pool and Pool Pavilion, alongside thoughtfully designed social spaces including the Relaxation Corner, Lounge Deck and Chill Out Deck.

Additional design thoughtfulness emerges through specialised areas such as the Tatami Deck for cultural relaxation, the Active Deck for recreational pursuits and the Viewing Deck for panoramic appreciation of surroundings. Water features including a Waterwall and Path Over Reflective Water add sensory richness, whilst the Garden Bridge and multiple garden walks create opportunities for contemplative movement through the building's landscaped spaces.

Market Positioning and Rental Demand Profile

The Tanjong Pagar locality has established itself as a premium residential address within Singapore's Central Region, attracting professionals, expatriates and investors seeking convenient access to the Financial District, Marina Bay and emerging cultural precincts. The concentration of dining establishments, boutique retail and contemporary lifestyle venues within walking distance of One Bernam reinforces its appeal as a residential base for affluent occupants valuing walkability and urban vibrancy. Supermarkets, local food centres and shopping malls complement the neighbourhood's dining ecosystem, facilitating everyday convenience alongside premium leisure experiences.

For investors, the development's location within a strong rental catchment characterised by professional demographics supports sustained lettings demand. The proximity to major employment centres, international schools and cultural amenities historically translates into competitive gross rental yields within the Central Region, with tenant quality typically reflecting the neighbourhood's professional profile and premium positioning.

Investment Considerations and Market Dynamics

Prospective purchasers evaluating One Bernam as an investment vehicle should consider several key factors influencing long-term performance. The development's Central Business District classification positions it within Singapore's most resilient property segment, historically demonstrating capital stability and appreciation during varied market cycles. The timing of entry, alignment with personal financial objectives and intended holding period all influence expected returns and suitability relative to alternative investment vehicles.

Second property buyers should note that Additional Buyer's Stamp Duty at the prevailing rate of 20% applies to Singapore Citizens purchasing residential properties in addition to existing owned properties, materially affecting net acquisition costs. This tax consideration underscores the importance of comprehensive financial planning and consultation with qualified advisors prior to acquisition.

One Bernam represents a substantive option within the Central Region condominium landscape, combining strategic location advantages, comprehensive lifestyle amenities and positioning within an evolving urban precinct. The development appeals to diverse buyer profiles including upgraders seeking premium Central Region addresses, investors targeting rental-yielding Central Region assets and owner-occupiers prioritising walkable urban environments with integrated lifestyle facilities.

Frequently Asked Questions

What estimated rental yield could an investor expect from acquiring a residential unit at One Bernam?

Central Region residential properties generally achieve gross rental yields between 2.5% and 3.5% annually, depending on unit size, floor level and specific configuration. One Bernam's positioning within the professional-heavy Tanjong Pagar precinct, combined with its proximity to major employment hubs and strong catchment demand, positions it competitively within this yield band. The development's integrated lifestyle amenities and Central Business District classification support tenant quality and demand sustainability, though individual unit yields will vary based on acquisition price relative to achievable monthly rentals. Prospective investors should conduct detailed market analysis specific to comparable properties within the locality to establish realistic rental projections aligned with their acquisition cost.

How does One Bernam's pricing per square foot compare to recently transacted Central Region properties in the same area?

Central Region condominium pricing typically ranges between S$1,200 and S$1,800 per square foot depending on property age, amenity quality, floor level and specific proximity to MRT stations. One Bernam's positioning within the Tanjong Pagar precinct, combined with its comprehensive amenity offering and proximity to the East-West Line, positions it competitively within this band relative to comparable newer-launch properties. Recent transactions within the immediate locality and broader Central Region should be reviewed through transaction databases to establish precise price-per-square-foot comparisons reflective of current market conditions. The development's launch pricing reflects competitive market positioning, though individual unit valuations may vary significantly based on floor level, unit configuration and specific amenity adjacency.

What Additional Buyer's Stamp Duty implications apply to Singapore Citizens purchasing second residential properties at One Bernam?

Singapore Citizens acquiring residential properties at One Bernam as a second residential property will incur Additional Buyer's Stamp Duty at the rate of 20% on the purchase price, a material cost consideration affecting total acquisition expense. For example, on a S$1,000,000 property acquisition, this ABSD would amount to S$200,000 beyond standard Stamp Duty, significantly impacting net cost of purchase and expected investment returns. This tax does not apply to first residential property purchases by Singapore Citizens, making it a critical differentiator for investor vs. owner-occupier profiles and underlining the importance of comprehensive tax planning prior to acquisition. Purchasers should consult with qualified tax advisors and conveyancing professionals to fully understand ABSD implications and optimise acquisition structuring within their personal tax circumstances.

Given the property market's focus on lease duration, what tenure terms apply to One Bernam units and how might this influence long-term resale value?

Central Region condominium developments are typically offered on freehold tenure or 999-year lease terms, both of which present minimal lease decay risk over typical 20 to 30-year holding periods that characterise Central Region property ownership. One Bernam's tenure structure should be confirmed through official project documentation, as this fundamentally affects long-term capital retention, financing terms and resale marketability across future cycles. Freehold properties inherently retain value without lease expiration concerns, whilst 999-year leasehold properties similarly present negligible practical decay risk over multi-generational timeframes. The tenure structure influences mortgage lending terms and investor appetite for future resale transactions, though within the Central Region's premium positioning both tenure formats are actively traded with strong demand from owner-occupiers and institutional investors.

How does One Bernam's proximity to Tanjong Pagar and the forthcoming Prince Edward MRT station influence property demand and capital appreciation potential?

MRT station proximity fundamentally drives Central Region property demand and capital appreciation, with stations serving as principal anchors for sustained tenant interest and investor appetite across residential cycles. One Bernam's seven-minute walk to Tanjong Pagar MRT on the East-West Line positions it within the most accessible tier of Central Region properties, whilst proximity to the forthcoming Prince Edward MRT provides additional long-term transport advantage as this new station enhances the precinct's connectivity profile. Historical data demonstrates that Central Region properties benefit from sustained demand appreciation following new MRT station openings, as enhanced connectivity increases the professional workforce able to access the locality within reasonable commute times. The dual-station advantage—existing Tanjong Pagar access combined with imminent Prince Edward proximity—positions the development advantageously relative to competing Central Region properties less conveniently positioned relative to emerging transport infrastructure.

Which buyer profiles—first-time purchasers, upgraders, high-net-worth individuals or investors—are best suited to One Bernam and why?

One Bernam appeals across multiple buyer profiles with varying motivations and objectives. First-time purchasers seeking premium Central Region addresses find the development attractive, though the Central Business District classification and pricing context typically positions it toward established first-time buyers with substantial equity or financial capacity. Upgraders downsizing from larger homes or relocating to more convenient addresses represent a core demand profile, particularly professionals and maturing families valuing walkable urban living and integrated lifestyle amenities. High-net-worth individuals appreciate the development's Central Region positioning, comprehensive amenity offering and association with Singapore's most prestigious address corridor, supporting both capital security and social positioning. Investors identify One Bernam as an asset class within Singapore's most resilient rental market segment, with strong tenant demand, rental sustainability and long-term capital appreciation prospects. The diversity of available unit configurations allows tailored selection aligned with specific buyer objectives and financial circumstances.

At typical One Bernam price points, what TDSR (Total Debt Service Ratio) and financing headroom considerations apply to mortgage-dependent purchasers?

Central Region condominium purchases typically range from approximately S$900,000 to S$2,000,000 depending on unit configuration and floor level, with mortgage financing available up to 75% of property value for most institutional lenders under standard residential lending criteria. At a 60% Loan-to-Value ratio on a S$1,500,000 property, the financed component would approximate S$900,000, requiring monthly mortgage servicing of approximately S$5,400 to S$5,800 across typical interest rate and tenure scenarios. The TDSR framework caps total monthly debt service (mortgage, car loans, credit facilities and other liabilities) at 60% of gross monthly income, implying that purchasers should maintain gross monthly income of approximately S$9,000 to S$9,700 to comfortably accommodate property financing within regulatory limits. Prospective buyers should engage mortgage brokers and financial advisors to establish precise financing capacity, stress-test repayment capability across interest rate scenarios and confirm lending approval prior to acquisition commitment.

Which competing Central Region developments present comparable positioning to One Bernam and how do they differentiate?

One Bernam competes within the Central Region condominium segment alongside established properties such as those within the Pinnacle cluster, Marina Bay precinct developments and other Tanjong Pagar locality offerings, each presenting distinct location, amenity and pricing characteristics. Comparable newer-launch Central Region properties typically emphasise differing amenity focal points—some prioritising spa and wellness facilities, others emphasising dining experiences or community spaces—creating differentiation beyond basic location and price positioning. The development's comprehensive multi-level garden and sky-amenity approach represents a notable differentiation point, with the breadth of landscaped and recreational facilities distinguishing it from competing properties with more consolidated or conventional amenity configurations. Prospective purchasers should conduct detailed comparison across competing developments within the Central Region to assess amenity value alignment, pricing differential rationale and long-term capital appreciation prospects relative to their specific objectives and preference profile.

Are specific unit stacks or floor levels at One Bernam likely to offer superior value propositions or demand profiles relative to others?

Within multi-level condominium developments, value distribution typically reflects floor level positioning, with mid-level units (roughly floors 8-15) often offering optimal value by balancing amenity adjacency, privacy, views and pricing relative to ultra-premium penthouse or lower-level units. One Bernam's comprehensive sky-garden and amenity network distributed across multiple floors may favour mid-to-upper level positioning, where amenity adjacency and views optimise perceived value without incurring premium penthouse pricing. Lower-level units typically attract owner-occupiers prioritising convenience and reduced elevator wait times, whilst upper-level properties appeal to those seeking premium views and prestige positioning. Stack positioning relative to specific amenities—such as units adjacent to sky gardens, fitness facilities or dining spaces—may command premium pricing from lifestyle-motivated purchasers. Prospective buyers should review detailed floor plans and amenity siting to identify unit positions aligning with their priority preferences and expected resale appeal within comparable properties.

What future supply pipeline and competitive pressure should prospective purchasers anticipate within the Tanjong Pagar and Greater Southern Waterfront precinct?

The Greater Southern Waterfront precinct represents one of Singapore's principal urban development focus areas over the medium to long term, with multiple planned developments and mixed-use projects envisioned to reshape the locality's residential, commercial and recreational landscape. This planned precinct-wide evolution implies gradual competitive supply increases as additional residential projects launch and complete within the expanded waterfront corridor, potentially moderating price appreciation rates relative to pre-development scarcity conditions. However, the precinct's scale and government support position it favourably within Singapore's long-term urban strategy, suggesting that quality developments capturing early positioning—such as One Bernam with its established Central Region credentials—will benefit from enhanced precinct attractiveness and connectivity improvements driving underlying demand growth. Prospective purchasers should monitor planning announcements and competitive project pipelines, though One Bernam's established Central Region positioning and forthcoming MRT connectivity enhancements position it competitively relative to future entrants establishing themselves within an increasingly crowded precinct.

One Bernam — From S$1.2M