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Singapore Private Property prices still up or down? Part III


pChou
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it's higher chances that 2nd lehman collapse than sg property prices down

huat ah!

Edited by Wt_know
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Page 1 ....yes baby

 

since this is a property thread

 

the view from my living room, office and bedroom

 

might be selling this 4 bedroom if the price is right

post-131345-0-56714100-1553661019_thumb.jpg

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Edited by Staff69
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Wah..very nice view.

 

 

Page 1 ....yes baby

since this is a property thread

the view from my living room, office and bedroom

might be selling this 4 bedroom if the price is right

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Hypersonic

Page 1 ....yes baby

 

since this is a property thread

 

the view from my living room, office and bedroom

 

might be selling this 4 bedroom if the price is right

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plan-of-employment-areas-in-singapore.jp
 
SINGAPORE: More homes will be built in the central business district (CBD) and Marina Bay area, the Urban Redevelopment Authority (URA) said on Wednesday (Mar 27).
 
Under its Draft Master Plan 2019, which includes plans to rejuvenate the central area, URA said it will increase housing in sites such as Downtown, Marina South and Rochor so that more people can live closer to their workplaces and other amenities.
 
The plan for a larger live-in population in the office-dominated CBD and Marina Bay area is part of a move by URA to bring more life to the area after office hours.
 
"We are looking to bring in new housing options in the CBD. We want to make our CBD more vibrant, a 24/7 precinct, and housing is one of the ways where we want to bring in more people that will be living within the CBD areas," said Ms Hwang Yu-Ning, URA’s chief planner.
 
The central area also includes retail and entertainment clusters at Orchard and the Singapore River, as well as arts, cultural and heritage areas such as the Civic District, Bras Basah and Bugis.
 
Further south, the site currently occupied by Keppel Club will also be redeveloped for waterfront housing after the current lease expires in 2021, URA said.
 
The site - which is close to Telok Blangah and Labrador MRT stations - is part of the expansive 2,000-hectare Greater Southern Waterfront project stretching from Pasir Panjang to Marina East.
 
Some of the development in the Greater Southern Waterfront will begin within the next five to 10 years.
 
MORE HOUSING IN MATURE ESTATES
 
Besides the central area, new housing and amenities will be also added to the new Bayshore precinct in the Upper East Coast area, and the mature towns of Dakota Crescent and Farrer Park.
 
A park will be built along the old sea walls, which are characteristic of East Coast Park, as a reminder of its heritage.
 
When completed, the new Bayshore precinct will have two MRT stations, Bayshore and Bedok South MRT stations. It will also be a car-lite precinct, prioritising walking and cycling with a public transit street lined with shops, food outlets and amenities.
 
URA said that going forward, future residential precincts will continue to be sustainable, green, community-centric and car-lite, with easy access to a range of public spaces and amenities. Amenities will also be located in one-stop centres similar to Our Tampines Hub to make it easier for residents to shop, dine and engage in family-bonding activities under one roof.
 
For an existing mature town such as Farrer Park, new housing will open up choices for those seeking to live near the city, URA said. Familiar landmarks such as the Farrer Park Swimming Pool and former Boxing Gym will be retained, while a sports field and park that will be integrated with future housing will allow residents to bond over sports and recreational activities, said URA.
 
Dakota Crescent can expect to see more public housing, which will be planned around the six preserved Singapore Improvement Trust blocks nearby, while the iconic Dove Playground will be retained for its heritage value.
 
BRINGING JOBS CLOSER TO HOMES WITH THREE "GATEWAYS"
 
Aside from housing, three major economic gateways in the west, north and east are being planned with each anchored in a few key growth sectors. They will serve as major employment hubs.
 
The eastern gateway is centred in the Changi region to tap on the expansion of Changi Airport and its connectivity. The region comprises Changi Aviation Park and the future Changi East Industrial Zone, and will cater to aviation-related businesses.
 
Also part of the region is Changi City, which is slated to become an innovative lifestyle business cluster including Changi Business Park, Singapore University of Technology and Design, as well as the future Changi East Urban District located at the doorstep at Terminal 5.
 
The northern gateway stretches from Woodlands to Punggol and will focus on the agri-tech and food sectors, digital tech and cybersecurity sectors.
 
In Sungei Kadut, the new Agri-Food Innovation Park will be built as a pilot cluster to catalyse innovation in the agri-tech industry. The park, which is located near to farms in Lim Chu Kang and businesses in the Senoko Food Zone, forms part of a larger Northern Agri-Tech and Food Corridor.
 
In Woodlands, a new regional centre is on track to become the largest economic hub in the north over the next 15 years with spaces for business, industry, research and development, and learning and innovation.
 
New community links such as the WoodsVista Gallery and North Coast Vista will link up precincts within Woodlands and bring in more public spaces, and pedestrian and cycling infrastructure to the area.
 
To the east, the Punggol Digital District – Singapore’s first enterprise district – will see the co-location of a business park with the Singapore Institute of Technology university to help foster closer collaboration between industry and academia.
 
Tapping on Tuas Terminal’s maritime connectivity, the western gateway will be moored alongside the Jurong Lake District and Jurong Innovation District.
 
As part of the Government’s decentralisation strategy, Jurong Lake District will be the biggest business district outside the CBD while Jurong Innovation District will become a next-generation industrial district covering Nanyang Technological University, CleanTech Park, Bulim, Bahar and Tengah.
 
URA’s Master Plan is reviewed every five years and charts out the Government’s plans for land use over the next 10 to 15 years.
 
“In this master plan, we hope to have inclusive, sustainable and green neighbourhoods that will make our city more resilient in the longer term. We are also working on plans to help rejuvenate existing familiar places to make sure we bring in new vibrancy and energy to these areas,” said Ms Hwang.
 
 

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SINGAPORE: The Urban Redevelopment Authority (URA) is using special 3D technology to study the underground as a strategic resource, it said on Wednesday (Mar 27) at the launch of its Draft Master Plan 2019. 

 
The Master Plan is a blueprint that guides Singapore's development over the next 10 to 15 years and is reviewed every five years. 
 
URA said it has rolled out 3D underground maps for Marina Bay, Jurong Innovation District and Punggol Digital District, and plans to expand the pilot to include more areas.
 
Called the Special and Detailed Control Plan (SCDP), the map shows planned underground uses for each district in 3D, which can help protect planning intention. 
 
"The underground plan is part of our strategy to create spaces for the future and create capacity for growth. Providing the plans for the underground provides transparency to the developers. This is more for the shallow underground, but we are also looking at plans for the deeper caverns. That's for deeper utilities and structures that will go underground," said Ms Hwang Yu-Ning, chief planner at URA.
 
The authority is studying the possibility of freeing up surface land for people-centric uses and relocating utilities, transport, storage and industrial facilities to the underground. 
 
An example of this, she said, is the new substation in the Labrador, Pasir Panjang area, which has the capacity to power more than two public housing towns. Building the substation underground frees up three hectares of land. 
 
"The 230kV substation will go underground and that frees up ... about 3ha of land on top for a future office development. It will also free up the space for other people to enjoy rather than look at utilities above ground," Ms Hwang added. 
 
Depending on the depth, the purposes for underground spaces may vary. In shallower depths, underground connections and MRT stations can be built. Deeper spots such as the Jurong Rock Caverns can store liquid hydrocarbons like gas oil and crude oil.
 
There are two existing caverns, and JTC and PUB are conducting cavern studies. Cavern areas currently under study are Kent Ridge Hill, Tanjong Kling, Jurong West and Gali Batu.

 

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