18 Nov '13, 4am

New Marina Downtown to house more skyscrapers

A new undersea road will create a new precinct that will complement the existing central business district while offering boundless possibilities, according to a media report quoting consultants. Property and planning consultants noted that the 70ha Marina Downtown will be developed once a portion of the East Coast Parkway (ECP) is removed, featuring a mix of offices, homes, retail and recreational facilities. Last week, the government unveiled details on the undersea Marina Coastal Expressway linking the Kallang-Paya Lebar Expressway (KPE), Ayer Rajah Expressway (AYE) and the ECP. In view of the development, a 1km section of the ECP running from Marina Boulevard to Prince Edward Road will be removed. Based on the 2008 URA Master Plan, land within the area is known as the “Downtown Core” and are zoned white sites, meaning they are intended for commercial, hotel, residentia...

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

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