Homes in the East Region are expected to enjoy a pricing uplift from the urban transformation plans.
Under the 2019 Draft Master Plan unveiled by Urban Redevelopment Authority (URA), eight Urban Transformation projects were earmarked as key growth areas to drive economic growth, and to bring jobs and amenities closer to residents.
There are lofty plans for the Eastern Gateway, essentially the Changi Region, as part of the nation’s endeavour to gain competitiveness in the global aviation landscape. Changi Region is set to transform into a global business gateway that will capitalise on the connectivity on Changi airport and local synergies to keep pace with growing air travel and freight demands.
The transformation is anticipated to take off on a massive scale within the next decade and homes in the East are expected to enjoy a pricing uplift from the new developments.
Are you excited about these transformation plans? Voice your thoughts in our comments section or on our Facebook community page.
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About Fiona Ho
Looking to sell your property?
Whether your HDB apartment is reaching the end of its Minimum Occupation Period (MOP) or your condo has crossed its Seller Stamp Duty (SSD) window, it is always good to know how much you can potentially gain if you were to list and sell your property. Not only that, you’ll also need to know whether your gains would allow you to right-size to the dream home in the neighbourhood you and your family have been eyeing.
One easy way is to send us a request for a credible and trusted property consultant to reach out to you.
Alternatively, you can jump onto 99.co’s Property Value Tool to get an estimate for free.
If you’re looking for your dream home, be it as a first-time or seasoned homebuyer or seller – say, to upgrade or right-size – you will find it on Singapore’s fastest-growing property portal 99.co.
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Article well written and helpful. Thank you.