Government releases eight confirmed sites for sale

Capitol Centre at Stamford Road may be demolished to make way for a new hotel to meet demand for hotel rooms. The location is one of eight confirmed sites that have been released for sale, under the Government’s Land Sales programme.

The Ministry of National Development also announced on Thursday that it will release enough land to potentially build nearly 8,000 private residential units, in the second half of the year.

Meanwhile, Capitol Building, Capitol Theatre as well as Stamford House have been gazetted for conservation. The Urban Redevelopment Authority said the sale of the site they are on, will not only facilitate the restoration of the conserved buildings, but also add vibrancy to the area.

All in, a 1.45 hectare land parcel at the corner of North Bridge and Stamford Roads will be released under the confirmed list of the government land sales programme for the second half.

The successful bidder has the option to demolish Capitol Centre to build new and higher-yielding properties.

These include a 600-room hotel, which will increase the number of hotel rooms in the vicinity.

Analysts expect this site to generate a lot of interest.

Nicholas Mak, Director, Consultancy & Research, Knight Frank, said: “If you look at the entire area, I think it is located in a jewel of a location. The location is prime and is located very close to Raffles City, the MRT and has excellent exposure with potential re-development for one component of it, which is Capitol Centre. So, again there’s a lot of imagination. It will certainly attract world class developers.

Another 100-room hotel is slated at a confirmed site at Bukit Chermin.

This is timed to coincide with the completion of the Labrador Nature and Coastal Walk in 2011.

Tay Huey Ying, Director, Research and Advisory, Colliers International, said: “This particular locality is going up very nicely into a tourist attraction as well as drawing more businesses and residents to this locality. I think the availability of this site in the GLS programme will probably generate a fair bit of interest because sites for hotel development in this locality is generally very limited.”

She added that the four black and white bungalows would also add character and ambience to the hotel development.

Other sites up for sale are residential sites at Yio Chu Kang, Seletar Road, Sembawang Greenvale, New Upper Changi Road, Tanah Merah Kecil Avenue, Punggol Field, Punggol Road which is marked for the building of executive condominiums

Although the site at Yio Chu Kang, Seletar Road will have commercial activities, property analysts are not expecting developers to bite

The latest programme also includes two new sites which will transform the Jurong Lake District and Kallang Riverside into a destination for work, life and play. – CNA/vm

Source : Channel NewsAsia – 19 Jun 2008

Kallang, Paya Lebar to be developed as new commercial hubs

Kallang and Paya Lebar will be developed into new commercial hubs, just like the Jurong Lake District. This is part of the government’s Draft Master Plan, which charts land use over the next 10 to 15 years.

Marina Bay and the city centre will continue to be the key commercial node in Singapore. New growth areas like Tanjong Pagar, Beach Road and the Ophir-Rochor corridor will also be developed.

However, more commercial hubs will be needed outside the city, to offer alternatives to businesses and bring jobs closer to homes.

One regional centre will be in Paya Lebar. About 12 hectares of land are available for development, and half a million square metres will be set aside for office, hotel and retail spaces.

The Urban Redevelopment Authority (URA) said at least 1,400 hotel rooms can be built in the area. And in the near future, residents will be able to shop and dine by the Geylang riverfront.

National Development Minister Mah Bow Tan said: “When the Marina Barrage is completed some time later this year, we will be able to stabilise the water levels in Geylang River.

“Around the Geylang River area, we will be able to integrate very attractive public spaces, malls and so on. The plan is to realign the Geylang River so that it runs through the new commercial developments.”

The proposals will build on the area’s distinctive Malay identity, so there will be a new Geylang Serai Market and Civic Centre. The Civic Centre will house a Community Club, community development offices and even a library.

More activities and bazaars can also be staged at a new plaza, next to the upcoming Paya Lebar MRT interchange.

As for Kallang Riverside, it has been earmarked as the next lifestyle precinct. Urban planners said new parks, waterfront residences and recreational spaces can be developed at the 64-hectare area.

About 600,000 square metres of land will also be devoted to commercial use, with 3,000 new hotel rooms in the pipeline.

About 4,000 waterfront homes have been planned for the area. And the new properties will have a variety of storey heights, stepping down towards the waterfront. This will allow those living further inland to also enjoy the views of the waterfront.

Parts of the historic Kallang Airport will also be conserved and redeveloped into a new entertainment and retail attraction. Also in the works are an integrated second-storey linkway to connect Kallang MRT station to the Old Airport Square and the future Sports Hub.

All in, URA said there are plans to add 327,200 new homes around the island over the next 15 years.

Members of the public can send their feedback on the Draft Master Plan through the URA website.

The Master Plan 2008 will be gazetted after incorporating views from the public at the Draft Master Plan exhibition at the URA Centre. – CNA/ms

Source : Channel NewsAsia – 23 May 2008

Leisure Plan drawn up to enhance recreational options in Singapore

In the near future, one will be able to stroll, jog or cycle around the whole of Singapore just by following an extensive route.

The Urban Redevelopment Authority (URA) is developing a 150-kilometre round-island path as part of its Leisure Plan.

Overview of Gardens by the Bay site

National Development Minister Mah Bow Tan revealed details of new recreational options at the Architectural Design Awards 2008 ceremony on Wednesday.

The round-island route will be developed over the next 10 to 15 years, but up to two-thirds of the path – which includes the Punggol Coastal Promenade – could be ready in just five years.

At three and a half times the length of the Pan-Island Expressway (PIE), the route will comprise existing and new park connectors, waterfront promenades and other trails.

It will also cover leisure destinations at the Marina Bay, Changi Point and the upcoming Jurong Lake District.

Mr Mah said: “We may be the first and only people in the world to be able to take a relatively easy walk around our whole country. You can spend a morning with your family at East Coast Park, enjoy the sea breeze at the new coastal promenades at Punggol and Woodlands, or take an evening stroll through our hilltops at the Southern Ridges.”

Besides visiting the rustic countryside and farms at Lim Chu Kang, the more adventurous will also be able to trek along new nature trails to the 17-hectare Kranji Marshes.

Furthermore, the National Parks Board will be launching a Wetland Master Plan in the Sungei Buloh area to promote “bio-learning” activities.

Cheong Koon Hean, CEO of URA, said: “We already have the very beautiful Sungei Buloh Wetland Reserve, which we will enhance. We will add 21 hectares of park land around it to protect the ecology of the entire system.

“The agri-tainment sites have been introduced because a lot of people just want to get away and experience farmstays, so we are creating opportunities to do that. Some sites will be tendered out for agri-tainment use.”

Singaporeans can also look forward to more quiet retreats, which will be made available with 900 hectares of new green spaces, including the new Gardens by the Bay and the Diary Farm Nature Park.

Authorities also plan to triple the existing park connector network from the current 100 kilometres to 360 kilometres within 15 years.

Waterways like the one in Bukit Chermin will be made more accessible. At the same time, urban planners are considering converting some of the black-and-white bungalows there into boutique hotels or spas.

The URA has also come up with ideas to transform Singapore into a 24/7 city. One way is to create more lifestyle hotspots like the one at Dempsey Hill. In the years ahead, new chill-out places will be found at the Lakeside Village in Jurong and Kallang Riverside.

Some other leisure plans will be happening much sooner this year. Come July, the National Heritage Board is holding a Night Festival at the Bras Basah area, followed by the Singapore Tourism Board’s Singapore River Festival in September.

Besides hosting more programmes, URA said improvements like better night-lighting, new street furniture and more attractive activity spaces will be introduced to create a better ambience for people to enjoy the nightlife in Singapore. – CNA/so

Source : Channel NewsAsia – 21 May 2008