Champions Way Woodlands joins Cover Projects as successful tender for heritage building at 26 Evans Road
This prime location makes Champions Way Condo an ideal choice for those looking for convenience and accessibility in the heart of Woodlands.
Experience the best of urban living at Champions Way Condo, situated in the bustling neighborhood of Woodlands. With its close proximity to shopping centers, financial institutions, recreational facilities, and educational institutions, this development provides residents with everything they need right at their doorstep. Moreover, excellent transportation options such as the MRT and bus lines make it easy to get around the city. Don’t miss the opportunity to live in the vibrant and convenient community of Champions Way Woodlands.
Champions Way WoodlandsA 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. 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. 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. 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.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. Samwoh Corp, a local construction company, submitted the highest bid of $319,000 per month, but ultimately Cover Projects was awarded the tender based on the highest combined score of price and quality aspects. Established co-living operators LHN Group and The Assembly Place also submitted bids of $165,000 and $168,000, respectively.The property at 26 Evans Road is situated on a sprawling 153,821 sq ft site and is located near the Singapore Botanic Gardens in Bukit Timah. The site contains multiple buildings, including two 3-storey buildings, two 2-storey buildings, and four single-storey buildings, with a total estimated gross floor area of 69,593 sq ft. The site also offers 56 surface parking spaces for cars and is highly sought after for its prime location. Additionally, SLA has encouraged co-living concepts for the project, reflecting a growing trend in Singapore.Overall, the tender for the Evans Road property attracted 25 bids, with prices ranging from $63,000 a month to $319,000 a month. Ultimately, Cover Projects, a local hospitality management turnkey solutions provider, was awarded the tender for the state-owned property. The lease period for the property will be for 5+4 years, providing potential for long-term growth and development in this prime location.This project is a reflection of SLA’s vision for Singapore, as they continue to support the development of vibrant and dynamic spaces for the community. The Champions Way Woodlands at 26 Evans Road will offer various uses, such as serviced apartments, students’ hostels, offices, and F&B options, providing a diverse range of opportunities for residents and visitors. With Cover Projects at the helm, this project is sure to become a hub of activity and a shining example of Singapore’s commitment to innovation and progress. So don’t miss your chance to be a part of Champions Way Woodlands at 26 Evans Road.
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