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Thread: Industry watchers hope new Master Plan will include higher plot ratios

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    Default Industry watchers hope new Master Plan will include higher plot ratios

    Industry watchers hope new Master Plan will include higher plot ratios

    By Wong Siew Ying, Channel NewsAsia | Posted: 04 April 2008 0435 hrs


    SINGAPORE : Higher plot ratios and integrated developments with greenery and other features are among the wish lists of industry players, who are anticipating significant changes to the government's new Draft Master Plan.

    The master plan, expected to be released soon by the Urban Redevelopment Authority, will guide Singapore's land use over the next 10 to 15 years.

    Buildings in Singapore may get even taller, if property players have their wish.

    Topping the industry's wish list is higher plot ratios from the upcoming Draft Master Plan.

    A higher plot ratio means a more intensive use of land, which analysts say will go some way to supporting a larger population base and encourage existing building owners to redevelop their property.

    Chua Chor Hoon, Senior Director of Research at DTZ Debenham Tie Leung, said: "Many people would hope for the master plan plot ratio to be increased but I don't think that would be the case. I think there isn't really a need for the increase in plot ratio, unless there is some pressure for more space. If we intensify everything now, it will be very difficult to grow further in the future."

    For now, industry watchers expect the Draft Master Plan 2008 to provide more details about growth areas that have been identified by the URA previously.

    They are areas in Jurong, Paya Lebar, Kallang, Punggol and the Southern Ridges, which could support a range of residential, commercial and recreational activities.

    Market players also hope to see more interesting urban form where the features, like greenery and canals, are incorporated into the development plan.

    Analysts expect the government to continue to grow the Marina Bay area.

    They say effects will also be made to enhance the Central Business District.

    However, they are concerned that the parking problems in the CBD may be aggravated as old buildings make way for newer ones, which have fewer parking lots.

    Other possible key areas include more spaces for tourism and recreation.

    Industry players say sustainable economic development and the conservation of old buildings might also be on URA's cards. - CNA/de

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    Default Re: Industry watchers hope new Master Plan will include higher plot ratios

    Quote Originally Posted by mr funny
    Industry watchers hope new Master Plan will include higher plot ratios

    By Wong Siew Ying, Channel NewsAsia | Posted: 04 April 2008 0435 hrs


    SINGAPORE : Higher plot ratios and integrated developments with greenery and other features are among the wish lists of industry players, who are anticipating significant changes to the government's new Draft Master Plan.

    The master plan, expected to be released soon by the Urban Redevelopment Authority, will guide Singapore's land use over the next 10 to 15 years.

    Buildings in Singapore may get even taller, if property players have their wish.

    Topping the industry's wish list is higher plot ratios from the upcoming Draft Master Plan.

    A higher plot ratio means a more intensive use of land, which analysts say will go some way to supporting a larger population base and encourage existing building owners to redevelop their property.

    Chua Chor Hoon, Senior Director of Research at DTZ Debenham Tie Leung, said: "Many people would hope for the master plan plot ratio to be increased but I don't think that would be the case. I think there isn't really a need for the increase in plot ratio, unless there is some pressure for more space. If we intensify everything now, it will be very difficult to grow further in the future."

    For now, industry watchers expect the Draft Master Plan 2008 to provide more details about growth areas that have been identified by the URA previously.

    They are areas in Jurong, Paya Lebar, Kallang, Punggol and the Southern Ridges, which could support a range of residential, commercial and recreational activities.

    Market players also hope to see more interesting urban form where the features, like greenery and canals, are incorporated into the development plan.

    Analysts expect the government to continue to grow the Marina Bay area.

    They say effects will also be made to enhance the Central Business District.

    However, they are concerned that the parking problems in the CBD may be aggravated as old buildings make way for newer ones, which have fewer parking lots.

    Other possible key areas include more spaces for tourism and recreation.

    Industry players say sustainable economic development and the conservation of old buildings might also be on URA's cards. - CNA/de
    Higher Plot Ratio breed higher expectation price of greedy owner.....Die

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    Default Re: Industry watchers hope new Master Plan will include higher plot ratios

    Plot ratio increase only for URA land.Forget about pte land.

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    Default Re: Industry watchers hope new Master Plan will include higher plot ratios

    Quote Originally Posted by Unregistered
    Plot ratio increase only for URA land.Forget about pte land.
    Then not so bad, Individual Owner the Worst........

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    Default Re: Industry watchers hope new Master Plan will include higher plot ratios

    If you have not bought anything in one of these areas, namely
    Jurong, Paya Lebar, Kallang, Punggol and the Southern Ridges,
    quickly do so now.

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    Default Re: Industry watchers hope new Master Plan will include higher plot ratios

    Quote Originally Posted by Unregistered
    If you have not bought anything in one of these areas, namely
    Jurong, Paya Lebar, Kallang, Punggol and the Southern Ridges,
    quickly do so now.
    The best is to buy Paya Lebar and Kallang.

    There is nothing to buy in Southern Ridges.

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    Default Re: Industry watchers hope new Master Plan will include higher plot ratios

    Quote Originally Posted by Unregistered
    The best is to buy Paya Lebar and Kallang.

    There is nothing to buy in Southern Ridges.
    Paya Lebar will be the 2nd CBD.

    Kallang is Sports Hub?

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    Default Re: Industry watchers hope new Master Plan will include higher plot ratios

    Quote Originally Posted by Unregistered
    The best is to buy Paya Lebar and Kallang.

    There is nothing to buy in Southern Ridges.
    Quote Originally Posted by Unregistered
    Paya Lebar will be the 2nd CBD.

    Kallang is Sports Hub?
    Too late for the Jurong one.
    Plan announced.
    Next time be more alert and act faster.
    Quote Originally Posted by mr funny
    Government announces plans for Jurong Lake District

    By Wong Siew Ying, Channel NewsAsia | Posted: 04 April 2008 1129 hrs


    SINGAPORE: Singapore is planning to have its very own lake district in Jurong, which will be a magnet for business and leisure.

    The Jurong Lake District made up of two precincts, Jurong Gateway and Lakeside will offer a potential development area of 360 hectares or about the size of Marina Bay.

    National Development Minister Mah Bow Tan announced this when he unveiled the government's Draft Master Plan 2008 on Friday. This plan will guide Singapore's land use over the next 10 to 15 years.

    The Urban Redevelopment Authority (URA) said the Jurong Lake District is expected to attract investments worth billions of dollars.

    Under the proposed plan, some 750,000 square metres of land will be set aside at Jurong Gateway for offices, hotels, food and beverage, and entertainment uses.

    It is also expected to add about 2,800 hotel rooms, equivalent to the hotel belt at the Singapore River area. Land to build 1,000 new private homes will be available as well.

    URA said the Jurong Gateway is set to be the biggest commercial hub outside the city centre nearly 2.5 times the size of the Tampines Regional Centre.

    Lakeside, which is the other component of the Jurong Lake District, has been earmarked to be the next waterfront playground.

    Urban planners said there will be plenty of leisure options there, including nature-themed and edu-tainment attractions.

    But the centrepiece will be a new world-class Science Centre to be located next to the Chinese Garden MRT station.

    Visitors can also look forward to lush greenery and water-based activities like kayaking and dragon boating at Lakeside.


    - CNA/so

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    Default Re: Industry watchers hope new Master Plan will include higher plot ratios

    Quote Originally Posted by Unregistered
    The best is to buy Paya Lebar and Kallang.

    There is nothing to buy in Southern Ridges.
    Quote Originally Posted by Unregistered
    Paya Lebar will be the 2nd CBD.

    Kallang is Sports Hub?
    Quote Originally Posted by Unregistered
    Too late for the Jurong one.
    Plan announced.
    Next time be more alert and act faster.
    Alamak! Wasted!
    Never mind, still have Paya Lebar Business Hub.
    No plan has been annonuced yet.

  10. #10
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    Default Re: Industry watchers hope new Master Plan will include higher plot ratios

    Quote Originally Posted by Unregistered
    Alamak! Wasted!
    Never mind, still have Paya Lebar Business Hub.
    No plan has been annonuced yet.
    I tell you. You will be late again for Paya Lebar.

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