URA proposes new residential sites in Sengkang, Woodlands and Bukit Panjang, up to 14,000 new dwellings
The parcels in Sengkang remain in the Fernvale subzone, restrained by the Tampines Expressway to the North, Sengkang West Drive to the East, Fernvale Street to the South and Jalan Kayu to the West. 2 roads separate the 3 parcels. “The Fernvale location is an expansion of Sengkang town and brings locals closer to Seletar Aerospace Park,” states Lee Sze Teck, senior director of data analytics at Huttons Asia.
The 3 parcels in Sengkang have the possible to be turned into an overall of 4,500 to 5,000 brand-new residences in the future, Lee quotes. He strongly believes the residential units are going to be a mix of HDB, executive condos (ECs) and exclusive housing.
The land parcel at Woodlands sits opposite the Singapore Sports Academy and can yield 1,000 houses, according to Lee. Reverse the roadway, a government land sale (GLS) spot at Champion’s Way was offered for $904 psf per plot ratio in September 2023 to City Developments Ltd. The area can be turned into a 350-unit private housing venture.
Five land parcels were rezoned as part of the most current change to URA’s Master Plan 2019. Three of the sites are in Sengkang, one in Woodlands and the other in Bukit Panjang. The modifications are “to assist in domestic project that will sustain the interest for real estate in the places as well as permit even more citizens to get easier accessibility to amenities and public transportation, claims URA.
Some other residence advancement places in the area consist of those on Anchorvale Street, which might generate in between 6,000 and 7,000 brand-new residences, adds Lee. Hence, anywhere from 10,500 to 12,000 brand-new residences might be provided in Sengkang in the coming future, consisting of exec condominiums and personal housing.
The easternmost parcel also comprises of a limited site zoned for non commercial, an additional site for a park, and a proposed site zoned for health and wellness and medical care. The sites in this parcel may be built higher on average than the previous location, with a larger gross plot ratio of 4.0 or 4.2.
The center spot has pockets of housing locations, a suggested location for a park, and a proposed site for a place of worship. A lot of the locations in this parcel will have a gross plot ratio (GPR) of 3.9 or 4.2.
The western parcel is proposed to be zoned as a pure non commercial place (based on detailed planning). Huttons’ Lee thinks the western location in Fernvale might house an MRT station for a brand-new line operating from Woodlands to Greater Southern Waterfront and travelling through Sengkang. If so, the brand-new station will serve the upcoming residential area in Fernvale. “Nonetheless, it may take years for thorough planning on the brand-new track to be realized,” he adds.
Two different parcels of land re-zoned for domestic property development are at Woodlands Drive 17 and Bukit Panjang Ring Road.
Meanwhile, the site at Bukit Panjang is at the moment inhabited by Beacon Primary School. Lee estimates that the area can generate 900 to 1,000 dwelling units and most likely be brand-new Built-to-Order condos.