23 Jan '17, 4am

East Coast may offer 6,000 new HDB flats

East Coast may offer 6,000 new HDB flats

Home hunters could soon get a shot at new Housing Board flats with coveted sea views along Singapore's East Coast . The Government is looking into creating a new Bayshore district, which includes 6,000 HDB flats - a huge change for the overwhelmingly private estate area located on reclaimed land. Another 6,500 units will be set aside as private homes. If they materialise, these Bayshore flats would be the first HDB homes built along the East Coast since the old-generation Marine Parade flats constructed in the 1970s, some of which have fetched more than $900,000 on the resale market in recent months. The potential development is detailed in tender documents put up by the Urban Redevelopment Authority (URA) and which were reported by Lianhe Zaobao yesterday, calling for consultancy firms to develop a master plan for the plot. The Bayshore district spanning 60 ha is surround...

Full article: https://www.srx.com.sg/singapore-property-news/31232/east...

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