Revamp of Jurong East could translate into high resale prices for property there UNLIKE Jurong West, which boasts over 70,000 homes, Jurong East has always been viewed as a rather sleepy estate with just over 22,000 homes. Even neighbouring Bukit Batok and Clementi have over 32,000 and 24,000 homes respectively. Other than the Singapore Science Centre and Chinese Gardens, there was not much going for...
Draft Master Plan 2008
There is a need to manage demand for land and its increase in value across the island One of the highlights of Singapore’s Draft Master Plan 2008 is to bring jobs closer to home. Economists point out that it makes financial sense for firms to locate in suburban areas. What then are the limiting factors that prevent complete decentralisation? Agglomeration benefits, such as accessibility to clients and...
Draft Master Plan 2008: Main Website: http://www.ura.gov.sg/DMP2008/home.htm Growth Areas: Jurong Lake District: http://www.ura.gov.sg/DMP2008/jurong_lake_district.htm City Centre: http://www.ura.gov.sg/DMP2008/city_centre.htm Kallang Riverside: http://www.ura.gov.sg/DMP2008/kallang_riverside.htm Paya Lebar Central: http://www.ura.gov.sg/DMP2008/paya_lebar.htm Regional Highlights: Central Region:...