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...
Masterplan
Higher plot ratios and integrated developments with greenery and other features are among the wish lists of industry players, who are anticipating significant changes to the government's new Draft Master Plan. The master plan, expected to be released soon by the Urban Redevelopment Authority, will guide Singapore's land use over the next 10 to 15 years. Buildings in Singapore may get even taller, if...
Come 2010, Woodlands residents can enjoy seafront recreational amenities right at their doorstops. The Urban Redevelopment Authority (URA) has unveiled a S$19m design plan to build a coastal promenade and park in their neighbourhood. Woodlands will certainly live up to its name with URA's "Woodlands Waterfront" proposal, where more lush greenery, trees and woods will be planted. A nine-hectare park will...