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...
Jurong Lake Development
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...