According to a research report, according to the master plan, the bulk of new condo launch singapore homes that are built are going to be in Paya Lebar, Holland Village near The Hillford.
The bulk of the land would come from redevelopemet of existing land for zonal use. It was also noted that many builders have started planning in advance ahead of the White Paper and is also planning for new plots of land to be released by the government.
New Condo Launch Singapore
Minister for National Development Khaw Boon Wan advise that the Government has already reserved land for an additional half-a-million new condo launch singapore. These homes will come from the development zones in Paya Lebar and Greater Southern Waterfront.
According to the research paper, about a combined 95,000 new homes will be built in Holland Village, Kambong Bugis and Marina South.
New Condo Launch in Singapore
Consultants advise that the redevelopement of Paya Lebar after 2030 could yield anywhere between 300,000 to 500,000 new condo launch singapore. This is in move of the local authorities to move the existing Paya Lebar Airport to Changi Airport is in line with the authorities to build more homes in the Paya Lebar area.
Also, a huge slice of land in the coastal area will be available for new homes in the Pasir Panjang to Tuas area for new homes.
The Hillford Condo
Up till now, the statistics have shown that Singapore has about 1.2 million homes, of which 900,000 are public housing. Many investors in Singapore will now be looking at Paya Lebar for the new homes available for which there would be 300,000 – 500,000 of them.
The new statistic will present conflicting interest to The Hilford. On one side, there is developement plans near The Hillford area which would revitalize the area. On the other hand, the plans are focused on Paya Lebar area for new condo launch singapore homes.