SINGAPORE: Plans to transform Singapore will apply to mature real estate as well as new towns, Prime Minister Lee Hsien Loong said on Sunday (28 August).
At a National Day celebration dinner held in the Tech Ghee district, Lee cited the area as an example of how mature estates are not left out.
His comments came a week after his National Daily Rally speech, where he shared the country’s plans to develop new towns such as the Jurong Lake District, the Greater Southern Waterfront and Paya Lebar.
“Each new property will be more livable, greener and more sustainable than the previous one,” he said in a speech for the National Daily Rally.
An estimated 150,000 new private and public housing units (roughly the size of Punggol and Sengkang) could be built in the area once Paya Lebar Air Base is relocated from the 2030s.
Additionally, height restrictions on buildings around Air Force Bases such as Hogan, Marine Parade, and Punggol can also be lifted to maximize space and include more amenities.
Speaking at the National Day Celebration Dinner at Tech Ghee on Sunday, Lee said: A plan for how the neighborhood could be improved.
This includes real estate upgrade work on selected blocks of Ang Mo Kio Ave 1, which is expected to be completed by the third quarter of next year. The new PCF Sparkletots Center also opened last month.
“This will provide more accessible and affordable childcare for young families,” he said.
There are also plans to redesign and upgrade the town center of Anmo Kio to make it more accessible to residents.
This is done by adding more greenery, seating and shelter, Lee said.
The first phase of the upgrade, which includes areas outside the AMK hub, is expected to be completed as early as the second quarter of next year, Lee said.