Archive for category: Misc

The Urban Redevelopment Authority of Singapore (URA) has submitted proposals for amendments to the Master Plan. This, subject to approvals by the Ministry for National Development, would involve changes to zonings and plot ratios for land parcels across seven locations.

Lee Sze Teck, senior director of analytics at Huttons Asia, notes that one-of-the seven locations – one-north – has witnessed a growing number of working professionals since its inception. He adds that the rents here have continuously been higher than rentals in the nearby Dover area.

According to URA, the amendments are aimed at supporting the demand for housing in one-north, as well as enhancing it as a vibrant mixed-use business park. A site at Media Circle and One-North Avenue with a plot ratio of 3.5, currently zoned for business park use, will be rezoned to “Residential with Commercial at 1st Storey” with a gross plot ratio of 4.2. This could yield between 250 to 300 units.

At Tengah Garden Avenue, URA is proposing a site that is zoned for commercial and residential use with a plot ratio of 2.8, to be rezoned to “Residential with Commercial at 1st Storey”. With a plot ratio of 3.0, this will enable the construction of a vibrant mixed-use development, and further meet the housing needs of Singaporeans, as well as providing Tengah Town residents with amenities.

At Bayshore Road, a land parcel currently designated for residential use with a plot ratio of 3.5 (Lot MK27-10343W) will be increased to 4.2, and the site – connected to the Bayshore MRT Station – will become one of the most densely built plots in the East Coast. Lee believes this could yield more than 1000 units.

At Margaret Drive, URA is proposing a site, currently used as a car park, with residential zoning and a plot ratio of 3.5 (Lots MK03-05374P, MK03-05282M, and MK03-05339V) to have a higher plot ratio of 4.2. It is located within walking distance of Queenstown MRT Station and could potentially yield between 300 to 350 units.

At Dairy Farm Walk, URA is proposing the plot ratio for a land parcel, currently zoned for residential use with a plot ratio of 1.4 (Lot MK16-02805N), to be increased to a maximum of 2.1. Lee believes this could see between 400 to 500 new homes.

On Canberra Crescent, URA is proposing a site with residential zoning (Lot MK19-04125X) to have its plot ratio increased from 1.4 to 1.6.

The proximity of Tampines North MRT Condo to major expressways such as PIE, TPE and KPE is a major draw for residents. Ample public transportation options are also available, providing easy access to the city. For instance, residents can take the MRT to work or travel around the city with ease. This ensures that travelling from the condo to various parts of Singapore is a breeze.

At Faber Walk, the changes proposed involve the amendment of Lots MK05-09057K, MK05-09060K and MK05-09074K, including the changing of a waterbody zoning to a residential zoning with a gross plot ratio of 1.4 and park zoning; a residential zoning with a gross plot ratio of 1.4 to be changed to park, waterbody and road zoning; and a road zoning to be changed to park and waterbody zoning. This is aimed at enabling the implementation of the proposed Old Jurong Line Nature Trail, enhancing recreational connectivity between the Rail Corridor and Jurong Lake Gardens, and facilitating future residential development.

In summarizing the proposed amendments, URA has highlighted their aim of meeting Singaporeans’ housing needs while enhancing the vibrancy of various locations. This includes allowing for the construction of dense settlements as well as the provision of amenities and recreation opportunities.