URA Draft Masterplan 2019

URA Draft Masterplan 2019

The Master Plan is a land use plan that guides Singapore’s development needs over the next 10 to 15 years. The Draft Master Plan 2019 was announced on the 27th of March 2019. It focuses on planning for inclusive, sustainable, and green neighbourhoods with spaces for community and amenities for all to enjoy. The proposals also include rejuvenating our familiar places, and creating capacity for the future. More Homes in City Centre to Inject Vibrancy The Central Business District (CBD) Incentive Scheme, which will kick in when the Master Plan is gazetted later in 2019, will apply to the Anson Road, Cecil Street, Shenton Way, Robinson Road and Tanjong Pagar areas. There are currently over 3,000 dwelling units there. Predominantly office buildings, which have been built or significantly refurbished at least 20 years ago, are eligible. They will get a plot ratio increase of between 25% and 30%, depending on their location and land use, which could range from a hotel to a condominium...
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