According to property analyst, the Urban Redevelopement Authority has revealed the new draft Master Plan 2013 for property launch which provides detailed information on the development of Singapore in terms of the next few years. The master plan has been highly anticipated as it is the first plan to be released after a serious of property cooling measures by the Republic.
The Master Plan revealed that there will be more plots of land used for home ownership and property launch in anticipation of the increase in population. Many analyst has revealed that they are able to notice an increase in the number of plots of land set aside for home ownership.
New Property Launch
The lands that are free up for property launch includes Tampines North, Marina South, Bidadari. There will also be new homes in established estates such as Sembawang and Yishun to rejuvenate the area.
Analyst predict that there would be an additional 15,000 residential units to cater to Singaporeans, particularly those who would prefer to stay outside the central core region.
The property launch new towns will also provide more options to housing developers who are always on the lookout for good locations. The new plots will also allow the developers to build more mixed residential and commercial developments that have been particularly popular among Singapore real estate investors.
Future property launch in Singapore
Also, the Master Plan revealed that despite more plots of land freed up for housing development, popular traditional heritage centres like Holland Village and Kampong Glam will be preserved.
As The Hillford property launch at Jalan Jurong Kechil is very near to beauty world mrt, the atmosphere for the plot of land which belongs to World Class Land remains very upbeat as it is very near to Holland Village.