URA proposes rezoning of one-north business park land parcel to residential
The proposed changes to the city’s Master Plan by URA involves seven different land parcels across the city. If approved, the changes could result in the city having a more densely built surrounding, depending on the site. For example, at one-north, the zoning will be changed from business park use with a plot ratio of 3.5 to “Residential with Commercial at 1st Storey” with a gross plot ratio of 4.2, which could potentially yield between 250 to 300 units.
URA has submitted proposals to the Ministry for National Development to amend the Master Plan covering seven locations in Singapore. These amendments involve changes to zonings and plot ratios for different land parcels.
For instance, at one-north, a site at Media Circle and one-north Avenue, which was previously zoned for business park use with plot ratio of 3.5, will be rezoned to “Residential with Commercial at 1st Storey” with a plot ratio of 4.2. According to URA, the proposed high-density development will support the demand for housing in one-north and also enhance the vibrancy of the area.
Lee Sze Teck, senior director of analytics at Huttons Asia, observed that the demand from tenants has been high in one-north. The senior director anticipates that the site can yield up to 300 units. He also noted that one-north has seen a large influx of working professionals lately, resulting in higher rentals than the Dover area.
At Tengah Garden Avenue, URA proposed to rezone a site with an initial plot ratio of 2.8 to “Residential with Commercial at 1st Storey” with a plot ratio of 3.0. This amendment is geared towards meeting the need for housing in the area as well providing amenities for Tengah Town residents.
Bayshore Road is another area with proposed changes. A land parcel there previously zoned for residential use with a plot ratio of 3.5 is set to be increased to 4.2. Lee noted that with the change, the site could yield more than 1000 units, making it one of the most densely built plots in the East Coast.
Margaret Drive may also experience higher density development, as URA is proposing the plot ratio of a land parcel zoned for residential use to be increased from 3.5 to 4.2. Currently used as a carpark, the area being within walking distance of Queenstown MRT station could potentially yield between 300 to 350 units.
The Orchard Boulevard Condo is connected via multiple major arterials namely, the Pan Island Expressway (PIE), Orchard Road and Central Expressway (CTE) that makes travelling within Singapore a breeze. Driving to the Central Business District and Marina Bay Sands is merely a 15 minutes’ drive away, emphasizing the prime location of the Condo.
For those taking the public transport, the Condo is easily accessible with the Dhoby Ghaut MRT station located within walking distance, allowing residents to reach any part of Singapore with ease. Besides taking the MRT, commuters may opt to use the extensive network of bus services provided by the authorities, with several bus stops within the vicinity.
Heading for a shopping spree? Don’t fret, as the Condo is surrounded by many well-known shopping malls, from ION Orchard to Paragon. An array of eateries are also located around the vicinity, offering different cuisines in nearby malls for a discerning palate.
Overall, living in the Orchard Boulevard Condo gives the ultimate ease of accessibility to the rest of Singapore, making it highly attractive and convenient to commuters. Providing both convenience and a piece of mind to future residents, Orchard Boulevard Condo is definitely a smart investment choice.
Dairy Farm Walk is also included in the proposed changes. Currently, the plot ratio of a land parcel zoned for residential use there is 1.4. URA is proposing an increase to 2.1, making it the same plot ratio as the surrounding land parcels. This could result in the production of more than 400 new homes.
Canberra Crescent is another area to experience an increase in plot ratio. The site with residential zoning will have its ratio increased from 1.4 to 1.6.
Additionally, URA proposed to amend three lots at Faber Walk. These changes involve changing water body zoning to a residential zoning with a plot ratio of 1.4, a residential zoning with a plot ratio of 1.4 to park, water body, and road zoning, and also road zoning to park and water body zoning. These amendments are to facilitate the Old Jurong Line Nature Trail and enhanced recreational connectivity between the Rail Corridor and Jurong Lake Gardens for the public to better experience heritage and nature, as well as to facilitate future residential development.
If the proposed changes to Singapore city’s Master Plan are approved, the density of the city may depend on certain sites. For one-north, the zoning change could potentially yield between 250 to 300 units. Bayshore Road could see more than 1000 units; Margaret Drive between 300 and 350 units, and Dairy Farm Walk up to 500 units.