{"id":69035,"date":"2023-09-15T12:50:34","date_gmt":"2023-09-15T04:50:34","guid":{"rendered":"https:\/\/www.99.co\/singapore\/insider\/?p=69035"},"modified":"2023-09-19T16:19:20","modified_gmt":"2023-09-19T08:19:20","slug":"singapores-property-landscape","status":"publish","type":"post","link":"https:\/\/www.99.co\/singapore\/insider\/singapores-property-landscape\/","title":{"rendered":"What’s next for Singapore’s property landscape: From Sunway’s big move to Tanjong Rhu’s transformation"},"content":{"rendered":"
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Singapore, a city where the skyline changes faster than our weekend plans. Just when you thought you had the latest scoop on the hottest new property, boom! Another one pops up. But hey, that’s what makes our little red dot so exciting. Let’s take a peek into what Singapore’s property future and what the near future holds for our ever-evolving cityscape.<\/p>\r\n\r\n\r\n

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The upcoming marvels in Singapore’s property scene<\/h2>\r\n\r\n\r\n\r\n

If you’ve been keeping an ear to the ground (or, you know, just reading the news), you’d know there are some pretty ambitious projects lined up for our island. And thanks to our pals over at The Edge Malaysia, we’ve got the inside scoop.<\/p>\r\n\r\n\r\n\r\n

The projects on the horizon<\/h3>\r\n\r\n\r\n\r\n
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(Image credit: Sunway Property)<\/figcaption>\r\n<\/figure>\r\n\r\n\r\n\r\n

From swanky new commercial hubs to eco-friendly residential complexes, Singapore’s property scene is buzzing. These aren’t just buildings; they’re a testament to our nation’s vision and drive. And the best part? We won’t have to wait a lifetime to see them. Most of these are set to grace our skyline in the next 5-10 years.<\/p>\r\n\r\n\r\n\r\n

Sunway’s big move in Singapore<\/h3>\r\n\r\n\r\n\r\n

Sunway Bhd’s subsidiary, Sunway Developments Pte Ltd (SDPL), in collaboration with Hoi Hup Realty Pte Ltd<\/a>, has clinched a land parcel near Jurong West<\/a> from Singapore’s Housing and Development Board. This lucrative deal, valued at RM1.2 billion (S$348.5 million), is set to birth an executive condominium (EC) housing project in the Jurong Lake district, nestled between Jurong West and Choa Chu Kang<\/a>. The project, which kicked off on September 11, is slated for completion within five years and marks the duo’s fifth joint venture in Singapore since 2016.<\/p>\r\n\r\n\r\n\r\n

Read more: <\/em><\/strong>Jurong West flat sold for S$695k; record price for 4-room HDB resale flat in the estate<\/a><\/em><\/p>\r\n\r\n\r\n\r\n

The potential hurdles<\/h3>\r\n\r\n\r\n\r\n

But, as with all great things, there are challenges. Regulatory approvals, construction timelines, and let’s not forget \u2013 unpredictable weather (thanks, climate change). But knowing Singapore’s resilience, we’re sure to tackle these head-on.<\/p>\r\n\r\n\r\n\r\n

The ripple effect on property values<\/h3>\r\n\r\n\r\n\r\n

With such grand projects in the pipeline, property values in their vicinity are bound to see some action. So, if you’re thinking of investing, now might be a good time to play your cards.<\/p>\r\n\r\n\r\n\r\n

Why these projects matter<\/h3>\r\n\r\n\r\n\r\n

Singapore’s always been a trailblazer when it comes to urban development. These new projects aren’t just about aesthetics or luxury; they’re a reflection of our nation’s forward-thinking approach. They symbolise our commitment to sustainability, innovation, and creating spaces that resonate with the global citizen while staying true to our local roots.<\/p>\r\n\r\n\r\n

Properties for you<\/h4>\n
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