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yongyong85
08-01-20, 11:00
https://www.propertyhunt.sg/wp-content/uploads/2020/01/Pasir-Ris-Central-Mixed-Development.jpg

Pasir Ris Central condo is an upcoming 99-years leasehold integrated mixed-use development.

Located at Pasir Ris town centre and next to the MRT, the land parcel is a “white site” intended as a mixed development, which will feature an integrated bus interchange, polyclinic, and town plaza.

In addition, the site is a massive 3.8-hectare land parcel, which is about 6.5 football fields in size and slightly larger than Sengkang Grand Residences (https://www.propertyhunt.sg/sengkang-grand-residences/).

Click the link to see more details on Pasir Ris Central condo (https://www.propertyhunt.sg/pasir-ris-central-condo/).

PropVestor
09-01-20, 11:13
White sites are very rare these days and it falls heavily on the developer to take on a much larger planning role than what they produced single-built developments before. I call this a 'Master Developer' mindset to link various amenities, transport networks like walkways etc over and beyond the residential component. It's pretty complex to me. Usually it takes 2 developers to do this properly or a massive and experience one to pull it off.

In any case, my personal preference for investment is a white site first because its future re-development risk-adjusted value is largely maintained (Though I wont live to see it). Its pretty future proof to me since just about any developer can bid for this site for re-development.

White sites at prime districts are, needless to say, the most highly sought after......