The move to set aside three prime areas for private housing development under the Urban Redevelopment Authority’s (URA) Master Plan makes economic sense and is consistent with the Government’s vision for these areas outlined previously, property analysts said. Under the URA’s Draft Master Plan 2013, which was unveiled yesterday, Marina South, Kampong Bugis, which is near the Kallang River, and a...
Master Plan 2013
Real estate consultants said the draft master plan unveiled by city planners Urban Redevelopment Authority (URA) on Wednesday is not likely to trigger any knee-jerk reaction in the residential property market. However, they said areas like Holland Village and Jalan Kayu could see some price upside in the next few years when the new developments are starting to take shape. The new extension at Holland...
The Urban Redevelopment Authority's (URA's) Draft Master Plan offers a good balance between Singapore's economic and social needs, analysts said. But they also pointed out possible areas of concern, such as the potential over-development of certain areas, which could affect their original character. Holland Village is known for its quaint shophouses, restaurants and bars. And its unique character...
Singaporeans can expect some 15,000 new homes in central Singapore, more commercial hubs outside the city centre, and a new waterfront area in the future. These are some of the plans laid out in the Draft Master Plan 2013. The plan guides Singapore's development in the medium term and is reviewed every five years. It was launched on Wednesday by the Urban Redevelopment Authority (URA). New...
The draft masterplan detailing land uses and developments in Singapore over the next 10 to 15 years is due to be put up by year-end. And some property consultants are anticipating more detailed plans for the Woodlands Regional Centre and perhaps the rail corridor, among others. The masterplan is reviewed every five years with the last revision done in 2008. In 2008, the masterplan focused on...