Master Plan 2013 – how does it affect you?

The draft Master Plan 2013 was released last week. As the dust settles, many of us ponder over how it may affect us in the coming years. Well, I personally have highlighted some areas that will affect me.

1.       National cycling plan

 

One of the ambitious projects is to create 700 km of cycling networks island wide.

There is always a cycling track near you!

 

 

 

 

 

2.       Car-less environment at Kampong Bugis

 

Kampong Bugis is slated to be more walkable community. This is a pilot area for car-less lifestyle and water taxi is introduced to make the environment more conducive for walking and cycling.

 

 

 

 

3.       Marina South

5 years ago, the focus was to develop Marina Bay. For Master Plan 2013, the gravity has shifted to Marina South.

All eyes are now on Marina South!

 

 

 

 

4.       Walking in the city

Stretching out under and across the city, an extensive pedestrian network of underground, surface and elevated linkways makes walking between MRT stations, offices, retail and public places

 

 

Have you visited the Master Plan 2013 at URA Gallery yet?

 

 

Visit URA Master Plan 2013 for details

Freehold not always better than leasehold

An analysis of the freehold and leasehold indices over the last three property cycles shows that out of the three up-cycles, the freehold index only outperformed the leasehold index over one cycle between 3Q2006 and 2Q2008. This was the period just before the global financial crisis, when the en bloc frenzy reached an all-time high in terms of number of deals and transaction values.

 
 

 

 

Article by Christine Li

still steady

Property price movement in relation to cooling measures

Can you remember all the cooling measures since 2009? Here is the list of all the measures.