The most exciting development in Singapore’s urban planning framework is the Greater Southern Waterfront project, with about 1,000 hectares of land – 3 times the size of Marina Bay – available for development into new housing, commercial, cultural and entertainment uses.
Extending from Pasir Panjang to Marina East, the Greater Southern Waterfront will be transformed into a major sought-after location for urban living along Singapore’s southern coast. In this regard, Marina Bay has been years in the making, while plans for the remaining areas, including Labrador, Tanjong Pagar and Pulau Brani, are planned to be implemented progressively over the longer term.
As part of this transformation, PSA’s City Terminals (Tanjong Pagar, Keppel and Brani) as well as its Pasir Panjang Terminal are being relocated to Tuas, which will free up 325 and 600 hectares of waterfront land by 2027 and 2040 respectively. Concurrently, 1st phase development work over the next 5 to 10 years will start with the former Pasir Panjang Power District and Keppel Club site.
The Greater Southern Waterfront is envisaged as a future gateway for live, work and play. There are plans to improve Singapore’s greenery by linking the proposed waterfront with West Coast Park and East Coast Park, as well as with the Rail Corridor and Sentosa Island. Sentosa Island will be rejuvenated, while Pulau Brani will be set aside for “fun and recreation”. In the first phase, plans are in place to build 9,000 waterfront housing units on the Keppel Club site, including HDB BTO and private condos.
URA MASTER PLAN 2019
Although the URA Master Plan tries very hard to cater to every Singaporean in every part of Singapore (with comprehensive plans for different geographic zones), it is undeniable that its centrepiece is the Greater Southern Waterfront project, which includes the Sentosa-Brani Master Plan. In fact, during the National Day Rally speech in August 2019 (after release of the latest Master Plan), PM Lee Hsien Loong devoted a large part of his speech to extoll the magnitude of planned developments (for “live, work and play”) along the Greater Southern Waterfront.
LAND TRANSPORT MASTER PLAN 2040
Similarly, the Land Transport Master Plan (LTMP) 2040 tries very hard to spread the transport architecture island-wide, but again, it is undeniable that the greatest connectivity is being planned for the southern part of Singapore. For example, the Thomson-East Coast Line (from Woodlands to Sungei Bedok via MARINA SOUTH) will be completed by 2024, with an eventual extension all the way to Changi Airport. By 2025, the Harbourfront MRT station will be connected to Marina Bay and Bayfront stations, thus closing the southern loop of the Circle Line which will have new stations like Cantonment, Keppel and Prince Edward. In the longer term, a completely new MRT line stretching from North to South, and serving the Greater Southern Waterfront is being contemplated under the latest LTMP.
NEW HOMES ALONG THE PROPOSED WATERFRONT
The above developments will mean that in the longer term, the “centre of gravity” of Singapore’s property market may shift further southwards towards the waterfront.
Along the proposed Greater Southern Waterfront, the following are some notable new launches, as well as re-launches (with limited developer units now being re-launched). In 2019, two new launches (Sky Everton and Avenue South Residences) sold very well, based on this promise. Click on the respective links below for more info:
STRAITS TIMES 19 Aug 2019: 9,000 new HDB and private homes in ‘Punggol by the Bay’ at Greater Southern Waterfront
Mike Tan | CEA Regn. R059706Z | 98280030
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