30 Mar '16, 1am

Budget 2016: Jurong West and Boon Lay the big winners

With a significant budget set aside for the Jurong Innovation District, the completion of the Tuas West MRT Extension, High Speed Rail terminus and Jurong Lake District Master Plan, Jurong West and Boon Lay are set to become the next growth centres. (Photo: Khalil Adis) Finance Minister Heng Swee Keat announced a slew of new measures last week to help Singaporeans and bolster the local economy, in the face of job cuts and a challenging economic outlook. We dissect the budget and list five ways it will affect you and your property. By Khalil Adis Office and industrial property sectors to benefit The government has set aside a significant budget to support industries and innovation. In total, $4.5 billion has been allocated under the Industry Transformation Programme. This will lead to new industries and start-ups that could boost demand for office and industrial space. Juro...

Full article: http://www.propertyguru.com.sg/property-management-news/2...

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