{"id":75019,"date":"2024-05-21T18:01:11","date_gmt":"2024-05-21T10:01:11","guid":{"rendered":"https:\/\/www.99.co\/singapore\/insider\/?p=75019"},"modified":"2024-05-21T18:01:11","modified_gmt":"2024-05-21T10:01:11","slug":"science-parks-first-project-300-unit-condominium","status":"publish","type":"post","link":"https:\/\/www.99.co\/singapore\/insider\/science-parks-first-project-300-unit-condominium\/","title":{"rendered":"Science Park\u2019s first project to house a 300-unit condominium"},"content":{"rendered":"<div id=\"bsf_rt_marker\"><\/div>\r\n<p><span style=\"font-weight: 400;\">There\u2019s a lot of buzz around new housing projects these days. In addition to the over 6,000 BTO flats up for balloting in June <a href=\"https:\/\/www.99.co\/singapore\/insider\/hdb-bto-june-2024\/\" target=\"_blank\" rel=\"noreferrer noopener\">(do head over there for a read if you haven&#8217;t already!)<\/a>, <a href=\"https:\/\/www.99.co\/singapore\/insider\/new-sengkang-housing-development\/\" target=\"_blank\" rel=\"noreferrer noopener\">Sengkang is set to see over 10,000 new residential units<\/a> next to the <a href=\"https:\/\/www.99.co\/singapore\/sale?autocom=false&amp;bathrooms=any&amp;composite_floor_level=any&amp;composite_furnishing=any&amp;composite_property_status=any&amp;composite_views=any&amp;features_and_amenities=any&amp;has_floor_plan=false&amp;main_category=all&amp;name=Tampines%20Expressway%2C%20Singapore&amp;page_num=1&amp;page_size=36&amp;path=%2Fsingapore%2Fsale&amp;period_of_availability=any&amp;property_segments=residential&amp;query_coords=1.3837242%2C103.9161212&amp;query_type=google&amp;radius_max=1000&amp;rooms=any&amp;show_cluster_preview=true&amp;show_description=true&amp;show_internal_linking=true&amp;show_meta_description=true&amp;show_nearby=true&amp;sort_field=relevance&amp;sort_order=desc&amp;tenure=any&amp;zoom=15\" target=\"_blank\" rel=\"noreferrer noopener\">Tampines Expressway (TPE)<\/a>. Today, we\u2019re sharing news about another significant development \u2013 a 300-unit condominium at Science Park<\/span>:<\/p>\r\n\r\n\r\n\r\n<ol class=\"wp-block-list\">\r\n<li><a href=\"#-h-project-overview\">Project overview\u00a0<\/a><\/li>\r\n<li><a href=\"#MRT-map-here\">Rezoning and approval<\/a><\/li>\r\n<li><a href=\"#understand-it\">Target market<\/a><\/li>\r\n<li><a href=\"#(Collective-sale)-in-Singapore-2024\">Development timeline<\/a><\/li>\r\n<li><a href=\"#without-major-delays\">Phased rejuvenation<\/a><\/li>\r\n<li><a href=\"#h-land-intensification\">Land intensification<\/a><\/li>\r\n<li><a href=\"#top-picks-near-the-MRT\">Previous developments<\/a><\/li>\r\n<li><a href=\"#open-by-2025.\">Community and accessibility enhancements<\/a><\/li>\r\n<li><a href=\"#in-2024-&amp;-2025\">Event plaza<\/a><\/li>\r\n<li><a href=\"#gather-and-socialise\">Future developments<\/a><\/li>\r\n<li><a href=\"#expected-in-Q2-of-2024\">Long-term vision<\/a><\/li>\r\n<\/ol>\r\n\r\n\r\n\r\n<h2 id=\"-h-project-overview\" class=\"wp-block-heading\"><b>Project overview<\/b><\/h2>\r\n\r\n\r\n\r\n<p><iframe loading=\"lazy\" style=\"border: 0;\" src=\"https:\/\/www.google.com\/maps\/embed?pb=!1m18!1m12!1m3!1d3988.8053330431067!2d103.7882951!3d1.2911368!2m3!1f0!2f0!3f0!3m2!1i1024!2i768!4f13.1!3m3!1m2!1s0x31da1a4d6d38f4ff%3A0x97f66103760328cc!2s71%20Science%20Park%20Dr%2C%20Singapore%20118253!5e0!3m2!1sen!2smy!4v1716277379266!5m2!1sen!2smy\" width=\"600\" height=\"450\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/p>\r\n\r\n\r\n\r\n<p><span style=\"font-weight: 400;\">You\u2019ll find this new condominium <a href=\"https:\/\/www.straitstimes.com\/singapore\/singapore-science-park-set-to-get-300-unit-condo-as-first-residential-project\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">on a 0.7-hectare site within the bustling Singapore Science Park<\/a>. This upcoming 300-unit condominium at Science Park will be connected to the <a href=\"https:\/\/www.99.co\/singapore\/sale\/mrts\/kent-ridge\" target=\"_blank\" rel=\"noreferrer noopener\">Kent Ridge MRT station<\/a> through Geneo, an integrated project anticipated to fully open by 2025. <\/span><\/p>\r\n\r\n\r\n\r\n<p><span style=\"font-weight: 400;\">This development is significant as it marks the first residential project within the business park.<\/span><\/p>\r\n\r\n\r\n\r\n<p><strong>Read more on URA&#8217;s masterplan here:<\/strong>\u00a0<a href=\"https:\/\/www.99.co\/singapore\/insider\/ura-master-plan-2025\/\" target=\"_blank\" rel=\"noreferrer noopener\">The URA Master Plan 2025: A glimpse into Singapore\u2019s future<\/a><\/p>\r\n<p style=\"border: 2px solid black; padding: 10px;\"><strong>Looking for a property close to an MRT station of your choice? Check out <a href=\"https:\/\/www.99.co\/singapore\/mrt-stations\" target=\"_blank\" rel=\"noreferrer noopener\">99.co&#8217;s MRT map here<\/a><\/strong><\/p>\r\n\r\n\r\n\r\n\r\n\r\n<h2 id=\"h-rezoning-and-approval\" class=\"wp-block-heading\"><b>Rezoning and approval<\/b><\/h2>\r\n\r\n\r\n\r\n<p><span style=\"font-weight: 400;\">On May 17, the Urban Redevelopment Authority (URA) published a proposed masterplan amendment. This amendment aims to rezone a plot of land from business park use to residential use. The amendment suggests that CapitaLand Development (CLD) has obtained in-principle approval for the Singapore Science Park residential project. This is a crucial step forward for the 300-unit condominium at Science Park.<\/span><\/p>\r\n\r\n\r\n\r\n<p id=\"understand-it\"><strong>Not sure how to read URA&#8217;s master plan? Learn here:<\/strong>\u00a0<a href=\"https:\/\/www.99.co\/singapore\/insider\/ura-master-plan\/\" target=\"_blank\" rel=\"noreferrer noopener\">URA Master Plan for property buyers: How to read and understand it<\/a><\/p>\r\n\r\n\r\n\r\n<h2 id=\"h-site-history\" class=\"wp-block-heading\"><b>Site history<\/b><\/h2>\r\n\r\n\r\n\r\n<p><span style=\"font-weight: 400;\">Previously, the site at <a href=\"https:\/\/www.99.co\/singapore\/sale?autocomplete_main_categories=landed&amp;bathrooms=any&amp;composite_floor_level=any&amp;composite_furnishing=any&amp;composite_property_status=any&amp;composite_views=any&amp;features_and_amenities=any&amp;has_floor_plan=false&amp;isFilterUnapplied=false&amp;main_category=all&amp;map_bounds=1.268468%2C103.776336%2C1.312906%2C103.829197&amp;map_view=true&amp;name=71%20Science%20Park%20Drive&amp;page_num=1&amp;page_size=35&amp;path=%2Fsingapore%2Fsale&amp;period_of_availability=any&amp;property_segments=residential&amp;query_coords=1.29123908865309%2C103.788310704662&amp;query_ids=adA8N5SeNNWcskBcCmaecZfn&amp;query_limit=radius&amp;query_type=cluster&amp;radius_max=1000&amp;rooms=any&amp;show_cluster_preview=true&amp;show_description=true&amp;show_future_mrts=true&amp;show_internal_linking=true&amp;show_meta_description=true&amp;show_nearby=true&amp;tenure=any&amp;zoom=15\" target=\"_blank\" rel=\"noreferrer noopener\">71 Science Park Drive<\/a> was occupied by the Defence Science and Technology Agency from 2000 until 2018. The building that stood there was demolished in 2020, paving the way for this new development.<\/span><\/p>\r\n\r\n\r\n\r\n<h2 id=\"h-target-market\" class=\"wp-block-heading\"><b>Target market<\/b><\/h2>\r\n\r\n\r\n\r\n<p><span style=\"font-weight: 400;\">This new residential project is designed with professionals in mind, particularly those working within the Science Park, one-north, the National University of Singapore (NUS), and the National University Hospital (NUH). By broadening housing options within the business park, it is expected to attract many potential buyers from these areas.<\/span><\/p>\r\n<p style=\"border: 2px solid black; padding: 10px;\"><strong>Curious if your property make the 2024 en bloc list? Find out here: <a href=\"https:\/\/www.99.co\/singapore\/insider\/list-en-bloc-collective-sale-singapore-2024\/\" target=\"_blank\" rel=\"noreferrer noopener\">List of En bloc (Collective sale) in Singapore 2024<\/a><\/strong><\/p>\r\n\r\n\r\n\r\n\r\n\r\n<h2 id=\"h-development-timeline\" class=\"wp-block-heading\"><b>Development timeline<\/b><\/h2>\r\n\r\n\r\n\r\n<p id=\"without-major-delays\"><span style=\"font-weight: 400;\">The managing director for investment and development at CLD, Chew Peet Mun, shared that the project should be completed within three to four years, assuming all necessary development approvals are granted without major delays.<\/span><\/p>\r\n\r\n\r\n\r\n<h2 id=\"h-phased-rejuvenation\" class=\"wp-block-heading\"><b>Phased rejuvenation<\/b><\/h2>\r\n\r\n\r\n\r\n<p><span style=\"font-weight: 400;\">Including residential units in Science Park is part of a broader, phased rejuvenation strategy. Science Park celebrated its 40th anniversary in 2023, and this new development is a logical step in transforming it into a self-contained neighbourhood. The aim is to integrate homes and recreational amenities near offices, akin to the regional nodes outside the <a href=\"https:\/\/www.99.co\/singapore\/neighbourhoods\/cbd\" target=\"_blank\" rel=\"noreferrer noopener\">Central Business District (CBD)<\/a>.<\/span><\/p>\r\n\r\n\r\n\r\n<p><iframe loading=\"lazy\" style=\"border: none; width: 350px !important; box-shadow: 0px 2px 12px rgb(11 17 52 \/ 15%); border-radius: 16px;\" src=\"https:\/\/www.99.co\/property-value-widget?contentSource=insider-blog&amp;contentId=science-parks-first-project-300-unit-condominium\" width=\"350\" height=\"370\" scrolling=\"no\"><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\">\ufeff<\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\"><\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\"><\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\"><\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\"><\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\"><\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\"><\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\"><\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\"><\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\"><\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\"><\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\"><\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\"><\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\"><\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\"><\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\"><\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\"><\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\"><\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\"><\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\"><\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\"><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\"><\/span><\/span><\/iframe><\/p>\r\n\r\n\r\n\r\n<h2 id=\"h-land-intensification\" class=\"wp-block-heading\"><b>Land intensification<\/b><\/h2>\r\n\r\n\r\n\r\n<p><span style=\"font-weight: 400;\">CLD plans to make more efficient use of the 55-hectare business park. For instance, the Geneo integrated project is expected to boost the worker capacity from 12,000 to 21,000. This intensification is part of a larger plan to maximise the potential of the land within Science Park.<\/span><\/p>\r\n<p style=\"border: 2px solid black; padding: 10px;\"><strong>Looking for more HDB flats that MOP-ed recently? Check out our article here: <a href=\"https:\/\/www.99.co\/singapore\/insider\/bto-projects-mop-2024-2025-near-the-mrt\/\" target=\"_blank\" rel=\"noreferrer noopener\">Full list of BTO projects hitting MOP in 2024\/2025 &amp; Our top picks near the MRT<\/a><\/strong><\/p>\r\n\r\n\r\n\r\n\r\n\r\n<h2 id=\"h-previous-developments\" class=\"wp-block-heading\"><b>Previous developments<\/b><\/h2>\r\n\r\n\r\n\r\n<p id=\"open-by-2025.\"><span style=\"font-weight: 400;\">The first phase of the rejuvenation effort took place in the 2010s when eight older buildings were redeveloped. The second phase includes the Geneo development, consisting of five buildings. Some of these buildings are already operational, with others expected to open by 2025.<\/span><\/p>\r\n\r\n\r\n\r\n<h2 id=\"h-community-and-accessibility-enhancements\" class=\"wp-block-heading\"><b>Community and accessibility enhancements<\/b><\/h2>\r\n\r\n\r\n\r\n<p><span style=\"font-weight: 400;\">To enhance community interaction and accessibility, CLD plans to introduce more covered walkways and create community nodes for social gatherings and activities. These enhancements aim to make the area more pedestrian-friendly, rather than vehicle-centric.<\/span><\/p>\r\n<p style=\"border: 2px solid black; padding: 10px;\"><strong>Rather look at condos that will MOP this year? Have a read here: <a href=\"https:\/\/www.99.co\/singapore\/insider\/upcoming-executive-condos-ecs-mop-2024-2025\/\" target=\"_blank\" rel=\"noreferrer noopener\">Upcoming Executive Condos (ECs) that will MOP in 2024 &amp; 2025<\/a><\/strong><\/p>\r\n\r\n\r\n\r\n\r\n\r\n<h2 id=\"h-event-plaza\" class=\"wp-block-heading\"><b>Event plaza<\/b><\/h2>\r\n\r\n\r\n\r\n<p id=\"gather-and-socialise\"><span style=\"font-weight: 400;\">An event plaza is currently under construction at Geneo. This plaza will feature a canopy supported by mass-engineered timber columns, designed to serve as a social hub where people can gather and socialise.<\/span><\/p>\r\n\r\n\r\n\r\n<h2 id=\"h-future-developments\" class=\"wp-block-heading\"><b>Future developments<\/b><\/h2>\r\n\r\n\r\n\r\n<p><span style=\"font-weight: 400;\">Looking ahead, CLD is considering additional residential developments within Science Park. There are plans to continue intensifying land use, ensuring that the environment remains campus-like, with a focus on mobility and proximity to greenery.<\/span><\/p>\r\n<p style=\"border: 2px solid black; padding: 10px;\"><strong>Interested in upcoming new launches for the year? Take a look at your options here: <a href=\"https:\/\/www.99.co\/singapore\/insider\/8-new-launches-expected-q2-2024\/\" target=\"_blank\" rel=\"noreferrer noopener\">8 new launches expected in Q2 of 2024<\/a><\/strong><\/p>\r\n\r\n\r\n\r\n\r\n\r\n<h2 id=\"h-long-term-vision\" class=\"wp-block-heading\"><b>Long-term vision<\/b><\/h2>\r\n\r\n\r\n\r\n<p><span style=\"font-weight: 400;\">Ultimately, CLD envisions Science Park as a vibrant, self-contained neighbourhood. The goal is to balance higher-density developments with a pleasant, accessible environment that leverages the park\u2019s green surroundings. This vision aims to create a space where people can work, live, and play harmoniously.<\/span><\/p>\r\n\r\n\r\n\r\n<h2 id=\"h-what-do-you-think-of-this-300-unit-condominium-at-science-park-nbsp-share-your-thoughts-in-the-comments-section-below-or-on-our-facebook-page\" class=\"wp-block-heading\"><strong>What do you think of this 300-unit condominium at Science Park?\u00a0Share your thoughts in the comments section below or on <a href=\"https:\/\/www.facebook.com\/99dotco\/\" target=\"_blank\" rel=\"noreferrer noopener\">our Facebook page<\/a>.<\/strong><\/h2>\r\n","protected":false},"excerpt":{"rendered":"<p>There\u2019s a lot of buzz around new housing projects these days. In addition to the over 6,000 BTO flats up for balloting in June (do head over there for a read if you haven&#8217;t already!), Sengkang is set to see over 10,000 new residential units next to the Tampines Expressway (TPE). Today, we\u2019re sharing news&hellip;<\/p>\n","protected":false},"author":141,"featured_media":75029,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_relevanssi_hide_post":"","_relevanssi_hide_content":"","_relevanssi_pin_for_all":"","_relevanssi_pin_keywords":"","_relevanssi_unpin_keywords":"","_relevanssi_related_keywords":"","_relevanssi_related_include_ids":"","_relevanssi_related_exclude_ids":"","_relevanssi_related_no_append":"","_relevanssi_related_not_related":"","_relevanssi_related_posts":"59689,62649,3201,40336,67853,62490","_relevanssi_noindex_reason":"","_lmt_disableupdate":"no","_lmt_disable":"no","_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[53601,57131],"tags":[58847,58846,58845,53624,57969],"persona":[57125,57127,57126,57128],"class_list":{"2":"type-post","18":"entry","19":"has-post-thumbnail"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v25.7.1 (Yoast SEO v25.7) - 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