The Singapore government is proceeding to put in the infrastructure to facilitate the growth of Jurong Lake District. This follows the unveiling of the area’s development blueprint in April this year.
Giving an update on Monday, both the Urban Redevelopment Authority (URA) and JTC said the measures include constructing a new spinal road, expanding the Jurong East MRT station and redeveloping the bus interchange.
There will also be upcoming developments at the International Business Park (IBP), Teban and Pandan Gardens.
The existing business cluster in the IBP will be expanded to maximise its potential in the next economic upturn.
Given IBP’s proximity to industrial estates in the west and to the major commercial hub at Jurong Gateway, it remains an attractive location for many industrialists to site their headquarter operations.
JTC envisaged that this strong demand for business park space in IBP will continue into the next economic upturn.
It is planning to develop the land parcels along the business park’s southern boundary, generating about 5 hectares of land and 125,000 square metres of business park space.
There will also be improvements to the road network in the IBP which was the first business park established in Singapore in 1992.
Teban and Pandan Gardens will be rejuvenated as well to provide attractive waterfront housing and to enhance their connectivity.
On top of that, there will be road improvement works at Faber Terrace and Faber Hills. This will improve current traffic situation in the area and allow more quality low and medium density housing fronting Sungei Ulu Pandan.
All these are part of Master Plan 2008 to develop new growth areas outside the city centre.
Source : Channel NewsAsia – 29 Dec 2008