URA proposes rezoning of one-north business park land parcel to residential

URA has proposed amendments to the Master Plan for seven locations across Singapore, subject to approval by the Ministry for National Development. These changes include changes to zonings, plot ratios, and other plans.

At one-north, a site will be rezoned from “Business Park” with a plot ratio of 3.5 to “Residential with Commercial at 1st Storey” with a plot ratio of 4.2. URA noted that this will support the demand for housing and enhance one-north’s status as a vibrant mixed-use business park. Lee Sze Teck, senior director of analytics at Huttons Asia, said that rental in one-north have been higher than in the Dover area. He believes the site could yield 250 to 300 units.

At Tengah Garden Avenue, URA proposed a land parcel with residential and commercial use and a plot ratio of 2.8 to be rezoned to “Residential with Commercial at 1st Storey” with a plot ratio of 3.0. URA stated that this is to meet the housing needs of Singaporeans, as well as to provide downtown residents with amenities.

Shopping centres and educational institutions are also easily accessible from Senja Close EC via the MRT line.

At Bayshore Road, a residential land parcel will have its plot ratio increased from 3.5 to 4.2, increasing the density in the East Coast. Lee said this could yield more than 1,000 units.

URA is also proposing a plot ratio increase at Margaret Drive from 3.5 to 4.2, increasing the potential yield from the current car park from 300 to 350 units. This site is within walking distance of Queenstown MRT Station.

At Dairy Farm Walk, a land parcel zoned for residential use has a proposed plot ratio increase from 1.4 to 2.1. Lee believes this could yield 400 to 500 new homes.

Canberra Crescent has a site proposed with a plot ratio increase from 1.4 to 1.6.

Finally, Faber Walk has proposed lots to be amended, with the waterbody zoning to be changed to residential zoning with a gross plot ratio of 1.4 and park zoning, a residential zoning with a gross plot ratio of 1.4 to be changed to park, waterbody and road zoning, and a road zoning to be changed to park and waterbody zoning. This is to facilitate the implementation of the Old Jurong Line Nature Trail and to facilitate future residential development.

Subject to approvals by the Ministry for National Development, the amendments could have a significant impact upon the availability of housing across Singapore, from one-north to the East Coast. It could also enhance recreational connectivity between the Rail Corridor and Jurong Lake Gardens, bettering the experience for heritage and nature enthusiasts.