It's no secret by now that the URA Master Plan is a critical factor in property planning. Beyond the confines of a given street or avenue, however, it also pays to know the big picture **plans for a neighbourhood. Case in point: Jurong East, which transformed a once backwater, industrial area into a retail and lifestyle powerhouse. Those who got in early will definitely have seen good asset appreciation. So as we near the end of the roller-coaster that’s been 2020/21, it’s high time to review the upcoming, major changes:

1. The Greater Southern Waterfront (GSW)

The GSW spans over 2,000 ha., and areas affected include, Keppel, parts of Pasir Panjang, Marina South, and Gardens by the Bay.

2. Punggol Digital District (PDD)

The area will bring in the Singapore Institute of Technology (SIT), along with tech companies. Its development will also act as a sort of “blueprint”, for developing future towns.

The convergence of students and offices raises rental prospects, and has the potential to turn parts of Punggol into rental hotspots.

3. Changi Region development

Besides Terminal 5, the Changi East Urban District will include new Grade A office space, hotels, and serviced apartments. The proximity to Singapore University of Technology and Design (SUTD), and Changi Business Park, will make it into both a business and research hub for logistics.

4. Woodlands Regional Centre

The Regional Centre is smack in the middle of the Northern Agri-tech and Food Corridor, which runs from Lim Chu Kang to Senoko. It will include new mixed-used developments, waterfront residential and office projects, and bring in Republic Polytechnic.

5. Jurong West, due to the Tuas Megaport

Tuas Megaport seems to be the final word, in the competition for maritime trade in the region. It’s a 1,400 ha. port, expected to handle double the cargo that passed through in 2016. Along with the state-of-the-art facilities and a fresh need for manpower, Jurong West could see greatly improved rental potential.

6. Movement of Paya Lebar Airbase

Paya Lebar Airbase will be relocated, to merge with the existing and expanded Tengah Air Base. This frees up sufficient space for a new town, which will include offices, shops, housing, etc.

For more details please read at: https://stackedhomes.com/edito....rial/6-major-upcomin

Chapters
0:00 - Intro
1:28 - #1 - Greater Southern Waterfront
3:56 - #2 - Punggol Digital District
5:22 - #3 - Changi Region Development
6:19 - #4 - Woodlands Regional Centre
7:19 - #5 - Tuas Megaport
7:33 - #6 - Paya Lebar Airbase Relocation
7:58 - Outro

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