URA prepares massive Sengkang site for new residential estate
A LOT of large land parcels have been earmarked to be used for residential purposes in Fernvale North, a housing estate set to take shape in Sengkang.
The property is bordered Jalan Kayu by Fernvale Street and Anchorvale Street. It will also be bordered by the Tampines Expressway, Sengkang West Drive, and Sengkang West Drive. The location will be situated close to Kupang, Thanggam and Sengkang Riverside Park.
The Urban Redevelopment Authority (URA) on April 29, announced that the proposed development would help meet the growing demand for housing in the area, and offer residents amenities for community and social life and a better access to parks, as well as improved connectivity to roads.
According to URA the site which is bounded by Jalan Kayu, Fernvale Street and Fernvale Crescent is proposed to be designated residential (subject to the development of a detailed plan).
A portion of Fernvale Road and Fernvale Crescent and the streets around it are planned for a massive housing development. Plot ratios of between 3.9 and 4.20 have been allocated to various land parcels. A small park and spot of worship have also been planned within this site, according to reports from The Business Times.
Another site is likely to satisfy the housing demand. The site will be bordered by Fernvale Crescent and Anchorvale Street, as well as a brand new road named Sengkang West Drive. This site is also to be used for an area for a park, medical and health zone.
Sengkang is a fast-growing satellite town located in the north-east region of Singapore. Based on the Department of Statistics Singapore’s Population Trends report in 2023, Sengkang was one of five planning areas that had more than 250,000 people living there. Bedok, Tampines Jurong West, and Woodlands were the other four. According to the report there are seven sub-zones within Sengkang: Sengkang West, Fernvale, Anchorvale, Compassvale, Sengkang Town Centre, Rivervale and Lorong Halus North.
The 207-unit Anchorvale Village and the 933-unit Fernvale Vines, as well as the 2,500-unit Rivervale shores are the latest Build-To Order projects that were launched in Sengkang between 2017 and the year 2019.
BTO flats in Fernvale Vines in Sengkang were priced from S$102,000 for a two-room apartment to S$442,000 per three-generation apartment.
Lee Sze Teck, Huttons’ senior director of data analytics, stated that the most recent condominium launch in Fernvale was the 735-unit Parc Botannia project by Sing Holdings and Wee Hur. The project sold 230 condo units during the first weekend of its launch in 2017 at an average price per square foot of $1270.
Lee declared: “There could be a mix of executive condominiums (EC) and public housing in Fernvale. The parcels that are bound by Fernvale Road, Fernvale Street and Fernvale Crescent may see some 4,500 to five thousand units. Other parcels on Anchorvale Street could have 6,000-7,000 homes.”
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URA has announced on Monday that land parcels along the Bukit panjang Road are being considered to be used for residential purposes. The land parcel is located near the Bangkit LRT Station.
URA said: “The proposed amendments are to facilitate a residential development that will support the need for housing in the area and also allow more people to have better access to amenities as well as public transportation.”
Huttons’ Lee pointed out that Beacon Primary School occupies the Bukit Panjang location.
He stated: “It could mean that Beacon Primary is relocated or merged with another school. The land parcel can yield an estimated 900 to 1,000 dwelling units. It is likely to be for the creation of a BTO.”
In the meantime, parcels of land along Woodlands Drive 17 may be reserved for residential use too.
Lee said, “This parcel of land is located next to Singapore Sports School. It’s located opposite an GLS site (government land sale) along Champions Way that sold for S$904 per square foot in September 2023.”
The site, which is within walking distance of Woodlands South MRT station, could possibly result in more than 1,000 housing units, he added.
He added: “If it is for private or EC developments, it may be better to parcel the site into two in order to reduce the risk to developers.”