URA proposes new residential sites in Sengkang, Woodlands and Bukit Panjang, up to 14,000 new dwellings
Five land parcels were rezoned as part of the most current amendment to URA’s Master Plan 2019. 3 of the spots reside in Sengkang, one in Woodlands and the other in Bukit Panjang. The modifications are “to help with domestic development that is going to support the interest for real estate in the areas in addition to enable more residents to have much easier easy access to services and public transport, states URA.
Different home advancement spots in the area include those on Anchorvale Street, which could generate in between 6,000 and 7,000 new houses, includes Lee. Hence, anywhere from 10,500 to 12,000 new dwellings might be made available in Sengkang in the future, consisting of exec condos and personal real estate.
The westernmost parcel is proposed to be zoned as a pure housing site (subject to detailed planning). Huttons’ Lee reckons the western location in Fernvale can house an MRT station for a brand-new line spreading from Woodlands to Greater Southern Waterfront and going through Sengkang. If so, the brand-new terminal will certainly offer the upcoming suburb in Fernvale. “Nonetheless, it might take years for thorough planning on the new line to be realized,” he adds.
The three parcels in Sengkang have the prospective to be turned into a total amount of 4,500 to 5,000 brand-new residences in the future, Lee estimates. He believes the domestic units may be a mix of HDB, executive condo units (ECs) and exclusive real estate.
The inner spot includes pockets of housing locations, a proposed place for a park, and a suggested spot for a place of worship. Most of the locations in this parcel are going to have a gross plot ratio (GPR) of 3.9 or 4.2.
The easternmost parcel furthermore includes a limited area zoned for residence, an additional place for a park, and a proposed site zoned for health and primary care. The locations in this parcel may be built higher typically than the previous site, with a larger gross plot ratio of 4.0 or 4.2.
The parcels in Sengkang remain in the Fernvale subzone, bounded 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 detached the three parcels. “The Fernvale location is an extension of Sengkang town and brings residents closer to Seletar Aerospace Park,” claims Lee Sze Teck, senior supervisor of data analytics at Huttons Asia.
2 other parcels of land re-zoned for household 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 residences, according to Lee. Reverse the road, a government land sale (GLS) spot at Champion’s Way was marketed for $904 psf per story ratio in September 2023 to City Developments Ltd. The place can be become a 350-unit personal non commercial project.
Meanwhile, the site at Bukit Panjang is at the moment occupied by Beacon Primary School. Lee estimates that the area might generate 900 to 1,000 house units and most likely be brand-new Built-to-Order apartments.
