Singapore Turf Club closure could field 30,000 new homes
The western side end of the land parcel along Turf Club Avenue could be prime for “low-rise condominiums or landed plots as “there are currently existing landed properties at the Jalan Kasau region,” adds Lim. The remainder of the area could be filled out with a mix of nature, sporting activities, F&B, retail, and also leisure as corresponding land uses to help the residential usages in the location.
Potential redevelopment plans for the sprawling site next to Kranji MRT Terminal will probably include new public and private residential housing, public eco-friendly places, industrial offerings, as well as other community services to that Northern region of Singapore, states PropNex.
The consultancy predicts that greater than 30,000 brand-new houses could be built on the location, presuming a gross plot ratio of 2.8 and a normal unit dimension of 1,000 sq ft. However, the true number will differ based on the last development blueprints.
“The revamping of Kranji as a new neighborhood will certainly assist the recurring development of the Woodlands Regional Centre, which is earmarked as the largest financial center in Singapore’s north region,” states Gafoor, adding this are going to boost the labor force to sustain industries predicted to sprout up on Woodlands, Senoko, Lim Chu Kang along with Sungei Kadut.
Lee Sze Teck, top executive of research study at Huttons Asia, sees that although the 120-ha location may be too compact to be sorted as a new standalone township, it will certainly extend the already matured Woodlands HDB neighborhood. He assesses as much as 30,000 new residences might be developed on the land parcel.
Reserve Residences Upper Bukit Timah Road
An evaluation of the current master plan suggests where the long term residential development might break ground, says Eugene Lim, major director at ERA Realty Network. “Looking at the current neighboring land uses as shown in the Master Plan, non commercial uses might be incorporated both on eastern and western portions of the turf club site as a logical expansion of current residential usages,” says Lim.
Lee even claims that a driver is required to move Woodlands onward as a local centre, including that the closure of the Singapore Turf Club, established in 1842, will offer urban planners the area to rethink how to place Woodlands for the long term.
On June 5, the Government announced that the Singapore Racecourse location in Kranji will certainly have to close up by March 2027. The 120-ha site will be used for real estate and also various other projects. PropNex CEO Ismail Gafoor mentions the step “mirrors the adaptability in the state’s solution to taking care of land use in Singapore, where real estate is scarce, yet there are many contending needs for location”.
