Major Revamp for Kampong Bugis Development Plans

SINGAPORE – The Urban Redevelopment Authority (URA) has unveiled exciting new plans for the Kampong Bugis precinct, set to feature approximately 4,000 stunning waterfront homes! This ambitious project is a key highlight at the URA's Draft Master Plan 2025 exhibition, which is currently running until November 29.

A Vision for Urban Living by the Kallang River

The revamped plans for Kampong Bugis are part of a larger vision to rejuvenate the area along the picturesque Kallang River. This initiative also encompasses other neighborhoods such as Kallang Distripark and Tanjong Rhu, aiming to bring a fresh wave of housing options closer to the city center while revitalizing older Housing Board estates like Geylang Bahru.

What’s New in the Development Plans?

Originally, a sizeable 8.2ha section of the 17ha site was put on sale in 2019 and later taken off the market due to soil remediation delays. Now, the URA has made significant updates by modifying boundaries, reducing the number of plots, and restructuring them to create a more conducive residential area. Of the initial four proposed plots, two have been designated primarily for housing, with plans for commercial spaces on the ground floor.

Master Developer Plans Under Review

The URA remains committed to the vision of a master developer for this precinct despite changes in the original proposal. Recent discussions have indicated that the authority is currently evaluating how best to move forward, keeping approximately 4,000 waterfront homes in mind.

Industry Insights: Risk and Reward

Market analysts like Savills Singapore's Alan Cheong acknowledge that the cooling market conditions have made the master developer model seem risky for some. However, others like Nicholas Mak from Mogul.sg believe that the Kampong Bugis precinct could still attract developers due to its prime location and anticipated demand.

Future Prospects and Community Services

Soil remediation efforts are ongoing, having started in February 2020, but the timeline for completion remains unclear. Meanwhile, URA is also eyeing other developments along Kallang River, including potential housing projects and a lifestyle hub centered around the historic Old Kallang Airport, which could further amplify local vibrancy.

Innovative Green Spaces and Mixed Use Developments Coming!

The URA emphasizes that future developments will include greenery along the riverfront, with sky gardens and terraced landscaping, aiming to create a lively urban environment filled with retail and dining options that reflect the vibrant lifestyle of Singapore.

Exciting Times Ahead for Singapore’s Urban Landscape!

Whether through the master developer model or other initiatives, the Kampong Bugis precinct is set to become a cornerstone of sustainable living in Singapore. As the plans unfold, residents can look forward to modern homes integrated into a lush, vibrant community by the scenic Kallang River.