14 Aug '17, 4am

Greater Southern Waterfront project may start sooner than expected

Artist’s impression of the Greater Southern Waterfront. Source: URA PSA Singapore’s decision to move from Tanjong Pagar Terminal to Pasir Panjang Terminal earlier than expected has sparked speculation of the Greater Southern Waterfront project kicking off faster, reported the Straits Times . Three times the size of Marina Bay, the 1,000ha development is set to be built on land freed up once the ports in the city, which includes Pasir Panjang and Tanjong Pagar, are relocated to Tuas. SEE ALSO: Govt mulls building HDB flats in prime areas The move allows the government to set aside some land for release earlier, depending on market demand and conditions, said Alice Tan, Knight Frank’s research head. “With real estate needs changing rapidly along with consumer and business trends, it could make sense for land use planning to evolve more flexibly ahead of changing needs.” Desm...

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

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