Singapore Plans 80,000 New Homes Across 10 Locations
Singapore Plans 80,000 New Homes Across 10 Locations

Singapore Plans 80,000 New Homes Across 10 Locations

News summary

Singapore's Urban Redevelopment Authority (URA) has unveiled the Draft Master Plan 2025, which includes building at least 80,000 new public and private homes across more than 10 sites over the next 10 to 15 years to meet rising housing demand. Key development areas include Newton, Paterson near Orchard Road, and the Dover-Mediapolis precinct, with new mixed-use urban centers emphasizing proximity to public transport, workplaces, and green spaces. The former Singapore Racecourse at Kranji will be transformed into a 14,000-home residential estate near nature corridors, while redevelopment is planned for Sembawang Shipyard and Paya Lebar Air Base, which will be relocated from the 2030s, freeing up land for new housing and waterfront districts. URA aims to create vibrant, inclusive neighborhoods with integrated amenities, parks, and improved walkability, such as a new Village Square in Newton and green corridors linking key areas. These expansions are part of broader efforts to ensure 80% of households live within a 10-minute walk of a train station by 2030, supporting Singapore's goal of a more liveable and connected city. While some developments are expected to maintain premium pricing due to centrality and scarcity, the plan addresses both public and private housing needs across mature and emerging regions.

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