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Singapore Unveils Ambitious 4,000-Home Waterfront Development Plan

Singapore's URA reveals updated plans for Kampong Bugis development, featuring 4,000 waterfront homes and enhanced infrastructure, marking a significant shift in urban development strategy.

ParWei-Ling Tan
Publié le
#singapore-property#urban-development#real-estate#waterfront-development#kampong-bugis#urban-planning#property-investment#singapore-business
Image d'illustration pour: Singapore redraws development plans for upcoming 4,000-home Kampong Bugis precinct

Aerial view of the planned Kampong Bugis waterfront development along Kallang River

Singapore Revises Kampong Bugis Development Strategy for Urban Renewal

Singapore's Urban Redevelopment Authority (URA) has unveiled revised plans for the Kampong Bugis precinct, showcasing an ambitious vision for 4,000 waterfront homes as part of its Draft Master Plan 2025. This development joins several upcoming neighborhoods along the Kallang River, demonstrating Singapore's continued commitment to urban innovation and future planning.

Strategic Redevelopment and Market Adaptation

The revised plan represents a significant shift from the original 2019 proposal, with notable changes to the 17-hectare site's layout. While economic uncertainties influence development strategies, the government has taken a proactive approach by assuming responsibility for land preparation and infrastructure works.

Key Development Features:

  • Rezoning of previously designated white sites into residential plots
  • Introduction of new road networks and utilities infrastructure
  • Integration of commercial spaces on ground floors
  • Enhanced waterfront accessibility and green spaces

Market Response and Development Approach

Industry experts note that while the master developer approach faces challenges in current market conditions, Kampong Bugis's central location remains attractive. As Singapore's business landscape evolves, developers are showing preference for smaller, more manageable project scales.

Broader Urban Development Context

The Kampong Bugis development is part of a larger urban renewal initiative that includes:

  • Additional housing developments in Tanjong Rhu (approximately 2,000 private homes)
  • Marina East developments near the upcoming Founders' Memorial
  • Integration with the Old Kallang Airport lifestyle hub

The URA emphasizes that all new developments will prioritize riverfront greenery and public spaces, creating vibrant community spaces that align with Singapore's vision for integrated lifestyle destinations.

Wei-Ling Tan

Tech and economy specialist, covering innovation in Southeast Asia from Singapore for both English-language and regional media outlets.