The Urban Redevelopment Authority (URA) has launched the first sale site from the upcoming Jurong Lake District. It launched the sale by public tender after a developer committed to bid at least S$350 million for the land parcel. The site located at Jurong Gateway Road was made available for sale via the government's reserve list system since November 2008. The 99-year-leasehold site has a maximum...
Jurong Gateway
IT IS full steam ahead for Singapore's new growth areas such as Jurong and Paya Lebar as the Government ramps up plans to develop the Republic's alternative city centres. National Development Minister Mah Bow Tan yesterday said several government agencies, including the Ministry of National Development (MND) and some of its statutory boards, will relocate to Jurong Gateway by 2015. The development of new...
IN APRIL, they learnt how nearby Jurong would be transformed into a "lake district" and Singapore's largest commercial hub outside the city centre. Yesterday, residents of three estates located a stone's throw away - including one that made history by being the first to reject upgrading - found out they would be part of the rejuvenation, too. The 30-year-old public housing neighbourhoods of Teban and...
SINCE it first unveiled ambitious plans in April to transform sleepy Jurong over the next decade, the :Urban Redevelopment Authority (URA) has rolled out the area's first land parcel: A site for mixed development in the Jurong Lake District. The 1.9-hectare site, located beside the Jurong East train station, has a 99-year leasehold and a maximum gross floor area of about 1.15 million square feet (107,000...
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...
Suburb to become commercial, leisure lakeside heaven DUSTY. Industrial. Out of the way. Such words may spring to your mind when asked about Jurong. But come 2020, the home of the Bird Park and the Science Centre will evoke a whole new vocabulary. Try on for size: Lakeside haven. Billion-dollar business buzz. Holiday hub. This will be the new Jurong Lake District, after it undergoes an...
The government's plans for the Jurong Lake District have been widely well-received by market watchers. They noted that it is important to re-brand Jurong away from its industrial estate image to a more vibrant one. However, on the other hand, there are concerns that the government may be moving too fast for the market. Some analysts said the proposed 10- to 15-year time frame may be a little tight,...
Jurong is set to be home to the largest commercial hub outside the city centre. The Jurong Lake District – made up of two precincts, Jurong Gateway and Lakeside – will offer a potential development area of 360 hectares or about the size of Marina Bay. National Development Minister Mah Bow Tan announced this when he unveiled part of the government's ‘Draft Master Plan Review 2008’. The blueprint...