This is because new towns and Build-To-Order flats by the public housing authority often come with new amenities and tend to fetch higher prices than what their owners originally paid for, after thePrivate properties may also appear more attractive to developers looking for opportunities of en-bloc sales.on Sunday , Prime Minister Lee Hsien Loong said that the air base relocation will start in the 2030s, with the 3.8km runway possibly repurposed into the town’s “central spine”.
“It will not happen overnight. But over decades, we can completely reimagine the eastern part of Singapore.” Plot ratio is the amount of space a developer can build within a plot of land, and is determined in the Urban Redevelopment Authority Master Plan. However, Mr Mak said that there are considerations when increasing the plot ratio, which is mainly how much amenities will be required for the future population of the area.
“This may also be positive for property owners seeking collective sale down the road since the removal of height restriction could likely enhance the en-bloc potential of some developments.”