Mixed-use complex to be built above Hougang MRT station, will support demand for homes in the area
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
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.
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.
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.
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.
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.
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.