URA proposes new residential sites in Sengkang, Woodlands and Bukit Panjang, up to 14,000 new dwellings
The middle site contains pockets of residential sites, a recommended place for a park, and a suggested area for a house of prayer. A lot of the spots in this parcel are going to have a gross plot ratio (GPR) of 3.9 or 4.2.
Some other residence development places in the location consist of those on Anchorvale Street, which might yield in between 6,000 and 7,000 new dwellings, includes Lee. Therefore, anywhere from 10,500 to 12,000 new houses could be offered in Sengkang in the future, consisting of exec condos and exclusive real estate.
The 3 parcels in Sengkang have the prospective to be become a total amount of 4,500 to 5,000 new homes in the future, Lee quotes. He believes the residential units are going to be a mix of HDB, exec condominiums (ECs) and personal housing.
Lakegarden Residences condo price
The western parcel is recommended to be zoned as a pure residential area (subject to detailed preparation). Huttons’ Lee thinks the western site in Fernvale can house an MRT station for a brand-new line running from Woodlands to Greater Southern Waterfront and travelling through Sengkang. If so, the new stop will certainly serve the upcoming house in Fernvale. “Nevertheless, it might take years for in-depth planning on the new line to be recognized,” he includes.
Five land parcels were rezoned as part of the latest modification to URA’s Master Plan 2019. Three of the locations reside in Sengkang, one in Woodlands and the other in Bukit Panjang. The modifications are “to promote household project that will sustain the demand for housing in the places in addition to enable more locals to get simpler easy access to features and public transport, says URA.
The easternmost parcel also includes a limited area zoned for residence, an additional place for a park, and a proposed site zoned for health and healthcare. The sites in this parcel might be built much higher typically than the previous site, with a bigger gross plot proportion of 4.0 or 4.2.
The parcels in Sengkang remain in the Fernvale subzone, restrained by the Tampines Expressway to the North, Sengkang West Drive to the East, Fernvale Road to the South and Jalan Kayu to the West. 2 roads diverse the 3 parcels. “The Fernvale location is an extension of Sengkang town and brings locals closer to Seletar Aerospace Park,” states Lee Sze Teck, senior supervisor of information analytics at Huttons Asia.
2 different tracts re-zoned for household property development are at Woodlands Drive 17 and Bukit Panjang Ring Road.
The land parcel at Woodlands is seated opposite the Singapore Sports Academy and can yield 1,000 houses, according to Lee. Opposite the road, a government land sale (GLS) site at Champion’s Way was sold for $904 psf per plot ratio in September 2023 to City Developments Ltd. The area can be developed into a 350-unit personal non commercial venture.
On the other hand, the site at Bukit Panjang is at the moment inhabited by Beacon Primary School. Lee estimates that the site could generate 900 to 1,000 residence units and likely be brand-new Built-to-Order apartments.
