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New Sembawang North, Woodlands North housing areas to yield 14,000 homes​

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A neighbourhood centre will be built at the heart of the new Sembawang North estate. PHOTO: HDB
Wong Yang

Oct 22, 2024

SINGAPORE - Some 14,000 homes will be built in two new sites in Sembawang and Woodlands by 2035 as the Government ramps up housing supply in northern Singapore.
These two sites - Sembawang North and Woodlands North - will have their first Build-to-Order (BTO) HDB projects launched there next year, Minister for National Development Desmond Lee announced on Oct 22.
Mr Lee said these plans build on efforts to “provide a sizeable supply of affordable new homes in the North”, and comes after an announcement earlier this year to build the new Chencharu housing area in Yishun.
The first new estate, Sembawang North, will offer 8,000 BTO flats and 2,000 private homes. The second, Woodlands North Coast, will have about 4,000 new flats.
Both housing areas will come with new amenities, including eateries, shops, parks, a neighbourhood centre, and a community hub that could house facilities for sports, healthcare and other uses, said the Housing Board (HDB).
Speaking at the HDB Design, Construction and Engineering Awards ceremony, Mr Lee said providing a steady supply of new flats was crucial to keep the property market stable.
In the past, the Government was able to do so by building on greenfield land, as it is doing for Chencharu in Yishun, but increasingly it has had to turn to building on sites within developed estates, he said.

Plans announced in recent years to build flats in more central parts of Singapore - including the Greater Southern Waterfront, Pearl’s Hill and Turf City - are examples where the Government is redeveloping areas that were previously built-up.
At Sembawang North, which will span 53ha, the new neighbourhood centre will be located along a 1ha park with facilities such as playgrounds and fitness stations.
Mr Lee said this park will be a “green spine” that connects residents from existing neighbourhoods in the south of Sembawang to future waterfront developments in the north at the site of the Sembawang Shipyard, which is due to move to Tuas by 2024.

There will also be a network of cycling paths and pedestrian walkways to connect residents to facilities and transport nodes in the area, said HDB.
Before Sembawang New Town was developed in the mid-1990s, Sembawang housed the British Naval Base in the 1920s, which later became Sembawang Shipyard.
The new housing projects in Sembawang North will draw on the area’s maritime heritage, and will reflect naval themes and colonial architecture.
The new BTO projects will have courtyard layouts, pitched roofs, and geometric patterns resembling those of colonial bungalows while nautical elements will be integrated into their street furniture, play structures, landscaping, pavement designs and signs to help residents find their way.
A network of pedestrian walkways called a “community wharves link” will link upcoming BTO projects in the area via an “uninterrupted walking environment” and feature “docks” with facilities and spaces for residents to gather, said HDB.
The other new estate announced on Oct 22, Woodlands North Coast, will be a 21ha mixed-use waterfront development. The first project there will be offered at the next BTO launch in February 2025.
It is the latest effort under plans announced in 2017 to transform Woodlands into a northern regional hub.
Residents at Woodlands North Coast will also be within walking distance of the Singapore terminus of the upcoming Johor Bahru-Singapore Rapid Transit System (RTS) Link, due to be completed by the end of 2026.
It will also be linked underground to the Thomson-East Coast Line’s Woodlands North MRT station.
“Residents in Woodlands North will benefit from faster cross border travel as well as better access to more job opportunities that are closer to home,” said Mr Lee.
HDB said housing projects at the new estate will be designed so residents will be able to enjoy scenic views of the nearby Admiralty Park and Woodlands Waterfront Park by taking advantage of its hilly terrain.
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The new Woodlands North Coast estate will provide about 4,000 new flats by the time it is fully developed in 2035. PHOTO: HDB
At the awards ceremony on Oct 22, Mr Lee also presented 26 prizes to architectural and engineering consultants and building contractors for their work on public housing projects.
Among these prizes were awards to contractors that took on challenging projects affected by delays caused by the pandemic.
HDB chief executive Tan Meng Dui also said at the ceremony that about 13,000 flats across 20 projects have been completed in 2024, the vast majority of which were in projects that had been delayed due to the Covid-19 pandemic.
Two of the prizes were awarded to firms that worked on the Rivervale Shores project in Sengkang, the largest BTO project to date with 2,500 units in 16 blocks.
It included a design award that went to Surbana Jurong for integrating the project with Sungei Serangoon, a river that runs alongside the estate.
For instance, playgrounds at Rivervale Shores have designs inspired by the grey herons, little egrets, and white-throated kingfishers that are active in the area, while five thematic gardens which connect residents to the Sungei Serangoon Park Connector are each inspired by a specific aspect of the river’s ecosystem.
Common areas at the estate are also located on a fully pedestrianised elevated platform known as an environmental deck that connects all 16 residential blocks, with an underground carpark tucked below it.
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Ms Farah Charles, who is preparing to move with her family of three to Rivervale Shores in November, said the environmental deck gives her greater peace of mind when her daughter, 5, plays at the playground.
“This design is a lot safer because there are no roads around the common areas. It will also be a lot more convenient when we do our big move next month, because the underground carpark means we can drive right up to the lift lobby for our flat,” said the housewife, 32.
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Two of 26 prizes given out at the HDB Design, Construction and Engineering Awards ceremony on Oct 22 were for Rivervale Shores, which has elevated common areas on an environmental deck that connects all 16 residential blocks, with an underground carpark tucked below it. PHOTO: LIANHE ZAOBAO
 

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Town centres in Tampines, Bishan could be redeveloped under new plans by URA​

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An artist’s impression of what Bishan could look like when mixed-used developments are added to the town centre. PHOTO: URBAN REDEVELOPMENT AUTHORITY
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Ng Keng Gene
Correspondent

Oct 25, 2024

SINGAPORE – Homes could be built above and around Tampines MRT station, and office towers could spring up near the Bishan transport hub, under newly unveiled plans to redevelop both these town centres.
These plans to rejuvenate developed town hubs were made public by the Urban Redevelopment Authority (URA) on Oct 24, as part of an exhibition showcasing current and future economic hubs in Singapore.
Also in the pipeline could be a new industrial park in Seletar, near Seletar Aerospace Park.
URA said in the exhibition that it is planning to rejuvenate the area around Tampines MRT station, the Tampines Regional Centre, which was established in 1992.
It plans to build new mixed-use developments, which will have homes, commercial spaces and an integrated transport hub, centred on the area now occupied by Tampines Bus Interchange and the MRT station.
There, the authorities plan to add a new public space “to activate the heart of Tampines Regional Centre”, and make bus-rail transfers more convenient.
The redevelopment will also make it easier for people to walk to nearby areas such as Our Tampines Hub, Sun Plaza Park, and the Housing Board neighbourhood centre at Tampines Central 1.

URA said this could be done by building sheltered paths and underground passages.
For Bishan, URA plans to develop new offices and work spaces in the empty plots of land around the Junction 8 mall and Bishan Bus Interchange.
These new office spaces will be integrated with shops, social amenities and transport facilities, said URA, and added that there will be more public spaces and plazas for community use, including one at the current site of Bishan Bus Interchange.

The plan also is for the new developments around Bishan MRT station to be car-lite, with pedestrian-friendly streets and easy access to public transport facilities.
Mr Nicholas Mak, chief research officer at Mogul.sg, said that with the work-from-home culture now ingrained in employees, demand for new office spaces in primarily residential areas like Bishan may not be robust. “It may take a while for the market to absorb any spaces that are rolled out, just as it was with Paya Lebar, when office spaces were built near the MRT station there,” he said.
He noted that many firms – especially larger ones – still prefer being sited in traditional central business districts (CBDs) due to proximity to other companies offering supporting services, and opportunities for their employees to network.
The authorities also intend to build a new industrial park in Seletar East, for “high value-add sector industries such as wafer fabrication”. These are part of efforts to increase the supply of industrial spaces to support high-tech sectors, URA said.
The park will be sited at an area of about 3.4 sq km bounded by Tampines Expressway, Seletar Aerospace Drive and Sungei Punggol, which is currently zoned as a “reserve site”, meaning its specific use has not been determined.
The site includes heritage bungalows associated with the former British Royal Air Force station in Seletar, as well as the Singapore Armed Forces’ Seletar Camp, and vegetated areas such as Seletar Wet Gap and Sungei Punggol Mangroves.
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Environmental studies will be conducted to ensure that the industrial park’s development is carried out sensitively, said URA, while industrial developer JTC Corporation said the area will be developed in phases starting in the near to medium term.
The plans are part of a decentralisation strategy that the country has pursued since the early 1990s by creating economic areas beyond the CBD, and moving jobs closer to homes.
Also being studied are plans for an upcoming Changi East Urban District, a 30ha “airport city” to be established next to the airport.
Nearby, the existing Changi Business Park could be rejuvenated, with new spaces for mixed-use developments and aerospace-related firms to tap the area’s proximity to Changi Airport. These plans come as construction of Changi Airport’s Terminal 5 is set to begin in 2025.
URA cited airport cities in Amsterdam, Hong Kong and Istanbul as examples of cities in the world with commercial areas around their airports.
Speaking at the exhibition’s launch, Senior Minister of State for National Development Tan Kiat How said Singapore’s downtown will still remain the country’s core financial hub, and the Government is evolving it into an “attractive multi-purpose destination”.
The URA is reviewing its CBD Incentive and Strategic Development Incentive schemes, which are aimed at rejuvenating central areas, Mr Tan said, and the authorities are also looking for new ways to meet changing business needs, and will look into refining policies such that more mixed-use districts can be created, combining residential and recreational spaces within industrial and commercial developments.
URA’s exhibition at The URA Centre in Maxwell Road runs until Jan 3, 2025. The public can find out more about the upcoming plans and offer feedback at go.gov.sg/GrowthNodes
 

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Largest sale of balance flats in February to offer over 5,500 HDB units​

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About four in 10 of the SBF will be units that are already completed, with the remaining to be completed progressively from 2025 to 2028. PHOTO: ST FILE
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Isabelle Liew

Oct 26, 2024

SINGAPORE - The Housing Board will offer more than 5,500 balance flats for sale in February 2025 – the largest exercise for these flats to date, even as prices continue to rise in the resale market for an 18th consecutive quarter.
About four in 10 units in the Sale of Balance Flats (SBF) launch will be those that are already completed, with the remaining flats to be completed progressively from 2025 to 2028, HDB said on Oct 25.
Meanwhile, in the resale market, prices of HDB resale flats rose 2.7 per cent from July to September, which is a quicker pace than the 2.3 per cent growth in the previous quarter, according to data released by HDB.
A total of 8,142 HDB resale flats changed hands in the same period, up 10.7 per cent from 7,352 units in the previous quarter.
There were 331 million-dollar flat transactions in the third quarter of 2024, accounting for 4.1 per cent of total transactions.
This is higher than the previous quarter when there were 236 such transactions, which made up 3.2 per cent of resale purchases then.
HDB attributed the increase in resale prices and transactions to strong broad-based demand and supply tightness in the market, as fewer new flats would meet their minimum occupation period (MOP) in 2024, compared with the year before.

It added that the “vast majority” of resale flat transactions in the third quarter of 2024 were sold for “much lower” than $1 million. Resale flats that were sold for $1 million and above continued to make up a small proportion of total resale transactions.
Ms Wong Siew Ying, head of research and content at PropNex, noted that the number of resale transactions in the third quarter is the highest in a quarter in three years.
“We have not seen such vibrant HDB resale market activity since 2021, when demand surged amid Covid-19 recovery optimism and delays in completion times drove buyers to the secondary market,” she said.

Factors such as demand outpacing the stock of resale flats and buyers willing to pay a premium for well-located flats could have contributed to the price growth in the first nine months of 2024, she added.
According to HDB data, five-room flats in Bishan were the most expensive in the third quarter, with a median price of $989,900, up from $960,000 in the previous quarter.
This was followed by executive flats in Serangoon, which had a median price of $985,000.
Mr Lee Sze Teck, senior director of data analytics at real estate firm Huttons Asia, said the latest data reflected the highest number of million-dollar resale flats transacted in a quarter to date. Most of them were in estates such as Kallang/Whampoa, Bukit Merah, Queenstown, Bishan and Toa Payoh, he added.
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From January to September, analysts estimate that 750 resale flats were sold for at least $1 million, about 60 per cent higher than the 469 million-dollar transactions recorded in the whole of 2023.
Mr Eugene Lim, key executive officer of real estate agency ERA Singapore, said that the firm demand for million-dollar flats could be attributed to HDB flat owners who have opted to upgrade to a newer, larger and centrally located flat, rather than a condominium.
“With the rising prices of private homes, they see the value proposition and are willing to pay for these cream-of-the-crop resale flats,” he said.
HDB said the latest quarterly figures largely reflect market conditions before the cooling measure implemented on Aug 20, which tightened the loan-to-value limit for HDB loans from 80 per cent to 75 per cent.
“The Government will continue to monitor the property market closely and adjust its policies as necessary to promote a stable and sustainable property market,” it said.
It advised people to be financially prudent in their flat purchases as the property market moves in cycles and “those who buy high will be hit harder when prices eventually come down”.
In February’s sales exercise, about 5,000 Build-To-Order (BTO) flats will be launched in Kallang/Whampoa, Queenstown, Woodlands and Yishun – so there will be more than 10,000 BTO and balance flats put up for sale.
HDB advised home seekers to apply for an HDB Flat Eligibility letter by Dec 15 so that they can take part in the upcoming sales exercise.
 

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LTA to add up to 20,000 COEs across vehicle categories over next few years from Feb 2025​

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The injection of COEs will boost supply, though it is unclear at this point how the move will affect premiums. ST PHOTO: LIM YAOHUI
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Kok Yufeng
Transport Correspondent

Oct 29, 2024

SINGAPORE – Up to 20,000 additional certificates of entitlement (COE) will be injected across the five vehicle categories over the next few years from February 2025.
Announcing this on Oct 29, the Land Transport Authority (LTA) said it is able to increase the vehicle population here by about 2 per cent of current levels as travel patterns have evolved, with the total mileage clocked by vehicles coming down by around 6 per cent from 2019 to 2023.
The new satellite electronic road pricing (ERP) system, or ERP 2.0, will also allow the authorities to better manage traffic congestion and vehicle usage, LTA added.
The injection of COEs – which give one the right to own a vehicle – will boost COE supply, though it is unclear at this point how the move will affect COE premiums.
The Straits Times has asked LTA how it intends to allocate the additional COEs across the vehicle categories, and how many years this injection will be spread across.
COE prices had dropped slightly across all categories at the latest tender exercise on Oct 23, though premiums for both car categories remained above $100,000. Singapore had 1,003,126 vehicles on the road as at September 2024.
LTA said it will consider further injections of COEs to the vehicle population in future as further data and tools under ERP 2.0 are made available, including the possible option of introducing distance-based charging.

ERP charges will be adjusted as needed based on traffic conditions, LTA added.
The authority noted that the addition of COEs from February 2025 is similar to the approach taken when the Government added 10,500 COEs between 1997 and 2003, on top of the allowable vehicle growth rate, after the ERP system was introduced.
Singapore’s vehicle growth rate has been set at zero since 2018, apart from the commercial vehicle population, which can increase by 0.25 per cent per year. The vehicle growth rate is reviewed every three years, with the last review in 2021.

On Oct 29, LTA said it will keep the vehicle growth rate for the car and motorcycle categories at zero, while that for commercial vehicles will remain at 0.25 per cent per year from Feb 1, 2025, to Jan 31, 2028.
The Government’s long-term vision remains centred on being “car-lite”, with walking, cycling and public transport as the predominant travel modes, LTA said.
It noted that the rail network has expanded by 18 per cent from 228km in 2019 to around 270km today, with more MRT lines and extensions slated to open over the next few years.
Turning to ERP 2.0, LTA said the system’s satellite technology will allow it to introduce new “virtual gantries” to manage congestion in a more flexible and responsive manner. This will come after all vehicles here are installed with the new on-board units (OBUs).
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The new on-board unit for ERP 2.0 is slated to be installed in all vehicles by the end of 2025. ST PHOTO: GIN TAY
ERP 2.0 also provides for the option of distance-based charging, which will be an additional tool to regulate vehicle usage and manage traffic congestion more responsively, LTA said. The authority previously said it has not decided whether to implement distance-based charging yet.
The planned injection of up to 20,000 more COEs from 2025 comes after Transport Minister Chee Hong Tat said in March that the authorities were open to studying a one-off increase in the total vehicle population, spread over a few years.
This would be accompanied by higher usage-based charges to prevent congestion, as well as the possibility of having distance-based charging in future, Mr Chee added.

LTA has maintained in the past that the vehicle growth rate does not have a significant impact on COE supply as the COE quota is determined largely by the number of vehicle deregistrations.
Amid record-high COE premiums in 2022 and 2023, the Government moved to stabilise the supply of COEs by bringing forward more COEs guaranteed to expire in future peak supply years to fill the present supply troughs.
Despite the moves, COE prices have remained high. At the Oct 23 tender, the premium for a Category A COE, which is used to register smaller, less powerful cars and electric vehicles, ended at $102,900, while the premium for Category B COEs closed at $113,890.
LTA on Oct 29 also gave an update on the ongoing installation of OBUs for ERP 2.0.
About 150,000 new and existing vehicles have been fitted with the OBU since November 2023, LTA said.

LTA added that it will progressively send notifications to all remaining Singapore-registered vehicles to install the OBU from November 2024.
Existing vehicle owners can now make appointments directly with their preferred authorised workshops to install the OBU without going through LTA’s booking portal or waiting for LTA’s official notification, the authority said.
The original booking portal (go.gov.sg/book-obu) has been redesigned as an information page to help vehicle owners locate suitable workshops for their vehicle.
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Eligible national servicemen to receive $200 LifeSG credits by Nov 30​

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The LifeSG credits will be progressively disbursed to those eligible by Nov 30. PHOTO: ST FILE
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Rhea Yasmine

Oct 30, 2024

SINGAPORE – Some 1.2 million past and present national servicemen will receive $200 in LifeSG credits by November.
The move was announced during Budget 2024.
The credits, which can be used at online or physical merchants that accept payment via PayNow or Nets QR, are valid for a year.
Full-time national servicemen who enlist by the end of 2024 will also receive the credits.
The LifeSG credits will be progressively disbursed to those eligible by Nov 30, said the Ministry of Defence and Ministry of Home Affairs in a joint statement on Oct 30.
But those who enlist after Sept 15 will receive the credits in December.
Once the amount has been credited, the national serviceman will receive an SMS notification from the gov.sg Sender ID and a notification letter to their registered address.

All national servicemen can access their LifeSG credits and check their validity through the LifeSG mobile app.
Those who are unable to access the credits digitally can request hard copy vouchers by contacting the NS Call Centre on 1800-367-6767 or at [email protected]
The credits aim to recognise the contributions of national servicemen to Singapore’s defence and security, said the joint statement.
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Mixed-use complex to be built above Hougang MRT station, will support demand for homes in the area​

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The site for the commercial and residential mixed-use development, which will have direct access to Hougang MRT station on the North East and Cross Island lines. ST PHOTO: GAVIN FOO
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Ng Keng Gene
Correspondent

Oct 30, 2024

SINGAPORE – A commercial and residential development with a bus interchange is being planned for a large vacant site above Hougang MRT station, while sites for new homes are being prepared across Singapore in areas such as Mount Pleasant, Newton and Lakeside.
The Hougang development will support demand for homes in the area and allow residents to benefit from the upcoming transport node and new commercial amenities, said the Urban Redevelopment Authority (URA) in a note accompanying a proposed amendment to the agency’s Master Plan 2019 that was published on Oct 28.
As part of the amendment, a site of around 4.7ha in size – equivalent to about 6½ football fields – was created for the mixed-use development and given a gross plot ratio of 2.5. This can yield up to 117,500 sq m in gross floor area if the site is used for a single development, subject to the authorities’ approval.
The site is made up of two plots. The first is a vacant area around 4ha in size that is currently zoned for commercial and residential use with a gross plot ratio of three. The second is a reserve site that houses the HDB Hougang Branch office building, next to Hougang Mall.
The 4.7ha site sits directly above Exit B of Hougang station on the North East Line and will also be connected to the Cross Island Line when the interchange station is ready in 2030.
The URA masterplan – a statutory document – guides development in Singapore for the next 10 to 15 years.
The 4.7ha site is one of three large plots of land near Hougang MRT station that are zoned for new homes, but all three plots have yet to be developed for residential use.
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URA’s plans for Hougang come amid recent news that new developments will be added near other MRT stations in HDB towns, such as Tampines and Bishan.
Plans showcased by the agency at an exhibition launched on Oct 24 showed that mixed-use developments including homes could be built above and around Tampines MRT station, and office towers could spring up near the Bishan transport hub.
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Mr Nicholas Mak, chief research officer at property search portal Mogul.sg, said that the roughly 3ha plot that is south of the newly announced mixed-use development site has a gross plot ratio of three and can yield about 750 to 800 Housing Board flats or about 1,000 condominium units.

The site is now partially occupied by Hougang Central Bus Interchange.
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The Hougang Central Bus Interchange currently occupies a site that has been earmarked for housing above Hougang MRT station. ST PHOTO: GAVIN FOO
Mr Mak added that the third plot of land zoned for homes is located further south of the interchange – it is about 4ha in size, with a gross plot ratio of 3.5, and can hold about 1,200 flats, or more than 1,550 condo units.
He anticipates high demand for housing built at these three sites in Hougang, given their proximity to a future transport interchange.
Noting that the Cross Island Line is still being built, Mr Mak expects the authorities to likely release the mixed-use site for sale or development only after rail construction works are done, which will also increase the value of the land.
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A plot of land of around 4ha that has been earmarked for housing near Hougang MRT station is presently being used for Cross Island Line development works. ST PHOTO: GAVIN FOO
On Oct 28, URA also published a proposed amendment to its masterplan for the upcoming Mount Pleasant estate, which the HDB previously said will have about 5,000 homes across six Build-To-Order (BTO) projects. The first of these projects will be launched in 2025.
Two new housing plots were carved out in the proposed amendment, which also confirmed the road alignment in the future estate, and also put forth for conservation six buildings that were part of the Old Police Academy.
Property analysts said one of the two new housing plots, which has an area of about 2.7ha and a gross plot ratio of 3.2, can yield about 900 to 1,000 flats, or about 1,300 condominium units.
Future residents of this plot are likely to have direct access to the upcoming Mount Pleasant MRT station on the Thomson-East Coast Line, with the station set to open in tandem with surrounding developments in the estate.
The other housing plot, which is about 3.2ha and has a gross plot ratio of 4.9, is next to Thomson Road.
It can hold between 1,200 and 1,400 flats, or up to 1,800 private apartments, said analysts.
Both Mr Mak and Ms Christine Sun, chief researcher and strategist at property firm OrangeTee Group, said the two plots are sizeable enough to hold one BTO project each.
Mr Mak added that future flats at these plots could be classified as Plus flats due to their proximity to an MRT station and Toa Payoh town.
URA said Mount Pleasant’s future residents will also be served by amenities such as shops and childcare facilities within the estate.
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Referencing the six buildings that have been put up for conservation, Minister of State for Home Affairs and National Development Faishal Ibrahim said in a Facebook post on Oct 28 that they will be adapted for contemporary uses, with one to be used as a new neighbourhood police post.
Dr Faishal did not specify which of the six retained buildings this would be.
Elsewhere, the authorities are preparing a new housing plot in Newton, which is about 0.57ha in size and will have a gross plot ratio of 4.9, according to a proposed amendment to URA’s masterplan published on Oct 29.
Mr Mak said that based on these parameters, about 270 to 320 condominium units can be built on the site.
URA said it is preparing the plot for a “future high-density residential development”, as part of plans to introduce more homes and amenities in central locations.
The agency had earlier in 2024 told The Straits Times that it is studying adding more homes to Newton, to “meet Singaporeans’ aspirations for more diverse housing options in more central locations”.
Ms Sun said the plot is more likely to be used for private homes as it is too small for an HDB BTO project, while Mr Mak added that the site is situated in a high-end residential enclave and is likely to be sold to a developer, noting that it is “very rare for a vacant residential development site in this area to be available”.
The site, located near both the North-South and Downtown line exits of Newton MRT station, is now partially occupied by the Prudential @ Scotts office building.
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The Singapore Land Authority has said that the building’s tenancy will expire on April 30, 2025, with the site to be returned to the state thereafter.
Over in the west, a site of about 1.4ha in size with a gross plot ratio of 3.6 is being prepared to house a residential development, with commercial spaces on the first storey, based on a proposed masterplan amendment published on Oct 29.
Located next to The Lakefront Residences in Lakeside Drive, the plot is a stone’s throw from Lakeside MRT station and within a short walk of Jurong Lake Gardens.
Analysts said it can yield about 460 to 600 condominium units, or between 360 and 400 flats.
Noting that the nearby Taman Jurong Skyline project that was part of October’s BTO launch comprised Standard flats, Ms Sun said she expects the same classification for homes in the Lakeside Drive site – should flats be built – and added that units could possibly have lake views.
URA said the upcoming development on the site will provide amenities to serve nearby residents in the Lakeside area, and Mr Mak suggested that these could include a childcare centre and a supermarket.
Mr Mak said the site is one of the last remaining vacant development sites within 300m of Lakeside MRT station.
Recent collective sales in Yuan Ching Road show there is interest among developers for sites in the area, he added. Lakeside Apartments and Park View Mansions were sold in 2022 and are now being redeveloped.
Should the site be released under the next round of the Government Land Sales Programme, which is slated for December, Mr Mak said it could draw four to six bids, which he noted is more than the average number of bids for recent condominium sites.
The public has until Nov 12 to submit feedback on the proposed amendments for the Hougang and Mount Pleasant sites, and until Nov 27 to do likewise for the Newton and Lakeside sites.
 
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