Singapore: Sales of new private homes rises in July
A view of private residential apartments and public housing estates in Singapore Reuters

as many as 6,000 Housing and Development Board (HDB) flats are likely to come up in the prime Bayshore precinct, the Urban Redevelopment Authority (URA) said. The URA has asked private consultants to submit blueprints for a "vibrant and sustainable garden neighbourhood" makeover for the area.

The plot, which is bordered by Upper East Coast Road, East Coast Parkway, Bayshore Road and the Bedok military camp, currently comprises parks and land zoned "residential" under the URA's 2014 Master Plan, reported Today Online. The URA is planning to come up with a project which will house about 12,500 families in 6,000 public and as well as 6,500 private housing units. Moreover, analysts have also said that this project is likely to attract several buyers, however, it will strain infrastructure in the area.

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"The proposals for Bayshore precinct shall thus capitalise on the existing greenery and transport connections to create an attractive living environment, with emphasis on environmental sustainability, car-lite strategies and a strong sense of community," said the URA in its Request for Proposal, according to reports.

Who will plan the project?

URA will select five shortlisted teams to develop a concept master plan from the blueprints entries submitted by consultants Consultancy teams. The last day for submission is 9 February.

On 11 May, these shortlisted teams are expected to be ready with their master plan, following which an exhibition will be organised to gather public feedback to zero down on the final consultant by the middle of 2017.

Will the project be beneficial?

Meanwhile, some experts argue that increase in population in the Bayshore precinct would put a strain on its transport networks and amenities, reported The Straits Times. The proposed 12,500 residential units translate to 42,375 people which are expected to put an unwanted burden on resources. "A more acceptable number would be about 1,000 units to keep the idyllic atmosphere of the area, and not pose a problem for the already burdened Changi Hospital in Simei," said International Property Advisor's chief executive Ku Swee Yong, according to the news website.

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However, National University of Singapore urban planning expert Steven Choo welcomed the project. According to him, the properly designed and technologically advanced HDB town will increase the value of landed property in Upper East Coast Road.