Singapore's next chapter: New models for regional hubs, industrial estates in URA's Draft Master Plan 2025
Plans to grow decentralised office spots with the refresh of regional business hubs in the north, west and east
Review of industrial land use zoning guidelines to meet evolving business needs
New residential neighbourhoods in Newton, Paterson, the Greater one-north area, and around Paya Lebar Airbase
[SINGAPORE] To meet Singapore's changing needs, state planners are retooling the city's regional hubs and older industrial estates for an evolving economy, the new Draft Master Plan 2025 reveals. A bigger decentralised office hub in Bishan is on the cards, on the scale of Paya Lebar Central. The government also plans to open up spots with more flexible zoning in industrial estates that can cater to new business models and non-industrial use.
The authorities are reviewing Singapore's industrial land use zone guidelines to 'better respond to evolving business needs', said Minister for National Development Chee Hong Tat at the launch of the blueprint on Wednesday (Jun 25).
Moving away from mono-use zones to mixed-use districts will give developers greater flexibility in allowable uses on industrial land and enhance Singapore's economic competitiveness.
Key planning priorities were outlined in the Urban Redevelopment Authority's Draft Master Plan 2025 (DMP2025), a statutory land use plan that guides Singapore's development in the next 10 to 15 years, and is reviewed every five years.
'As we continue to chart out long-term plans to build a brighter future for Singapore, we must also remain agile and continually refine our land use plans to deal with new challenges,' said Chee.
A more uncertain global economy means 'business activities and supply chains could undergo further shifts', he said. Singapore also needs to prepare for the effects of climate change, and changes in housing demand.
A NEWSLETTER FOR YOU
Tuesday, 12 pm Property Insights
Get an exclusive analysis of real estate and property news in Singapore and beyond.
Sign Up
Sign Up
Reworking business nodes, moving beyond the city centre
The government is intensifying efforts to decentralise office spaces by growing Singapore's regional hubs.
At Bishan, plans are in the works to introduce new office spaces matching the scale of Paya Lebar Central. There will also be new community amenities such as a polyclinic, hawker centre and a revamped bus interchange with air-conditioned waiting areas.
Some government agencies are now looking at relocating their offices to the area, to kickstart the business node's development, said URA.
In Woodlands, upcoming developments will capitalise on both the Johor-Singapore Special Economic Zone and the upcoming Johor Bahru-Singapore Rapid Transit System (RTS) Link, which is expected to be ready by end-2026.
A new multi-modal transport hub will connect the RTS Link to MRT and bus services, and will be part of a 7 hectare (ha) integrated development designated for 'business-white' use with office, industrial and retail spaces for businesses and the community. It is expected to be completed in the mid-2030s.
Business-white zones allow industrial developments to have a greater proportion of non-industrial uses. Complementary developments such as co-working spaces can also be considered. According to the URA website, 'in future, if the disamenities from industrial uses can be managed, it can even accommodate hotels and housing'.
More business-white sites will be introduced around key transport nodes in the Jurong and Tuas industrial estates, on top of existing sites in Woodlands, URA said on Wednesday.
'These sites will support the growth of new business models, provide greater flexibility for businesses, (optimise) land use, and inject amenities such as retail and food and beverage options to serve workers and nearby residents.'
'We will also proceed with the development of Jurong Lake District (JLD) as Singapore's largest mixed-use business district outside the city centre,' Chee said. A heavyweight consortium's bid for the master developer site – one that would have kickstarted JLD's development – had been assessed as 'too low' and rejected last year.
While the 6.5 ha site has been put on the reserve list in the latest H2 government land sales programme, requirements were tweaked with a reduction in its minimum office quantum – from 145,000 square metres for the entire site, to 100,000 sq m.
This change will give developers more flexibility in determining the mix of uses and better pace the roll-out of office space for the site, a URA spokesperson told The Business Times.
The redevelopment of the former Jurong Bird Park and Jurong Hill will support the growth of the western gateway as well, injecting jobs, amenities and recreational space into the greater Jurong area, where Singapore's first industrial estate was born.
An ideas competition to re-imagine the 39 ha site, held in October last year, drew 37 proposals from the public and professionals. Plans submitted featured innovation-driven industries, such as startup incubators and agricultural research and development laboratories, combined with commercial and recreational spaces.
Agencies are now reviewing the winning proposals, said URA.
In the north-east, the 138 ha Seletar East Industrial Estate situated between Punggol Town and Seletar Aerospace Park is planned for high value-added industries such as a wafer fabrication park, Chee said.
Meanwhile, the city centre will continue to anchor the Republic as a global financial and business hub, with plans to refresh Orchard Road and the Downtown areas. A new park will be formed in the heart of Orchard Road, which will merge Istana Park, Dhoby Ghaut Green and a 500 m stretch of Singapore's main shopping belt.
Around Marina Bay, a planned wellness attraction and the expansion of Marina Bay Sands will boost capacity for conferences and events, Chee added.
Efforts to optimise land use will also extend underground. The government is exploring potential caverns at sites such as Gali Batu in Woodlands for storage of construction aggregate, while identifying more possibilities for new underground developments.
For instance, there is an underground electrical sub-station under an upcoming development along Alexandra Road - the first large-scale underground facility of its kind in Singapore, said Chee.
'There is scope to move more of such facilities underground, and free up valuable surface land for other uses.'
Catering for changing housing demand
The DMP2025 also prioritises building more homes to meet demand. Residential estates will be carved out in central locations as well as in areas now being revamped for housing.
New homes are in the pipeline at Newton and Paterson near Orchard Road, and in the Greater one-north area in Dover. In the east, the Paya Lebar Airbase area will be progressively redeveloped following the relocation of the airbase in the 2030s, starting with a new neighbourhood around Defu MRT station on the upcoming Cross Island Line.
Overall, some 800 ha of land will be freed up for redevelopment. At the 2022 National Day Rally, then-prime minister Lee Hsien Loong had said this could make room for 150,000 new homes, and lift some building height restrictions around the area.
New towns are also in the works at the Sembawang Shipyard area, once it ceases operations in 2028, and the former Singapore Racecourse site at Kranji.
The government is already seeding and growing housing estates in other central locations, such as Bukit Timah Turf City, Pearl's Hill, Marina South, Mount Pleasant and the former Keppel Golf Course site.
These will give Singaporeans more opportunities to live in more central locations, said Chee. Overall, at least 80,000 public and private homes are expected to be introduced across more than 10 new housing areas islandwide in the next 10 to 15 years.
URA said that the development of these new neighbourhoods will be paced out to 'allow for flexibility to review and adjust plans regularly in tandem with evolving needs and trends'.
At the same time, new homes and amenities will be added to existing towns, such as Pasir Ris and Yishun.
Seniors can soon look forward to more assisted living options, such as community care apartments, and active ageing centres.
'In my capacity as (a Member of Parliament) for Bishan-Toa Payoh GRC, which has a higher proportion of senior residents, I will be happy to support the implementation of these ideas within our GRC to benefit my residents,' said Chee.
The 2025 roadmap also detailed plans for more greenery with more than 25 new parks and more than 50 km of park connectors over the next five years.
Over 20 buildings will be proposed for conservation to safeguard Singapore's built heritage. This includes NatSteel Steel Pavilion, the first heavy industry factory established in Jurong Industrial Estate; the former Pasir Panjang English School built in the 1920s and 1930s; and 20 buildings at Bukit Timah Turf City.
The former Pasir Panjang English School will be integrated into a new residential development, as will the heritage buildings at Turf City.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Business Times
8 hours ago
- Business Times
New World gets 100% lender approval for US$11 billion refinancing
[HONG KONG] Distressed Hong Kong builder New World Development has secured written commitments from all banks for a US$11.1 billion loan refinancing, people familiar with the matter said, bringing it closer to finalising the critical lifeline just days before a deadline. The deal is all but done, with only procedural steps left for lenders to sign the loan documents, which should happen shortly, according to the people. It brings relief just as investors had been closely watching debt deadlines, including interest totalling US$9.2 million due Friday (Jun 27) and Monday on three local-currency bonds. New World's refinancing – which would be one of the largest of its kind ever in Hong Kong – marks the end of months-long negotiations for a debt package that would pull it from the brink of default. It buys time even as a prolonged property downturn in China continues to weigh on the builder, whose 11 Skies mall project opening in phases next to Hong Kong's airport is one of the first things many visitors to the city see. The developer's shares rose as much as 6 per cent in Hong Kong on Friday morning, before paring gains to about 1 per cent. It's now trading at around HK$5.9, set for the highest level in three months, according to Bloomberg-compiled data. Some of its dollar bonds were up 1 to 3 US cents, according to credit traders. The deal comes with little time to spare. Documentation shows that if New World didn't achieve a 100 per cent approval by June 30, the refinancing could fall through as any collateral pledged would be released and bank commitments cancelled. Controlled by the family empire of Hong Kong tycoon Henry Cheng, New World has faced significant challenges amid the real estate slump in Hong Kong and mainland China, following years of aggressive debt-driven growth. Investors had grown increasingly concerned about the firm's ability to manage its debt, particularly after it decided to delay interest payments on four perpetual notes, triggering a bond selloff. A NEWSLETTER FOR YOU Tuesday, 12 pm Property Insights Get an exclusive analysis of real estate and property news in Singapore and beyond. Sign Up Sign Up The refinancing agreement would push back HK$63.4 billion (S$10.29 billion) of borrowings that were set to come due this year and next, extending the maturities for three years, Bloomberg reported earlier. For HK$24.1 billion in loans due in 2027 and beyond, the maturities would remain the same, but New World will have to add some credit enhancements and put up additional collateral. New World didn't respond to a request for comment. The developer has put about 40 of its properties into the refinancing's collateral pool, including its headquarters, New World Tower, as well as a second ranking mortgage on its commercial complex on the city's waterfront, Victoria Dockside. The deal also carries a letter of comfort from Chow Tai Fook Enterprises. Once closed, the deal would grant New World some short-term reprieve. But strains will persist. Attention is now shifting to whether the builder will be able to raise an additional HK$15.6 billion via a loan secured by the first ranking mortgage on Victoria Dockside. Part of the proceeds raised would repay the completed refinancing, Bloomberg News previously reported. Separately, for the bond interest payments, the developer owes HK$11.5 million for the coupon payment on a 4 per cent Hong Kong dollar note, followed on Monday by HK$36.7 million on a 4.89 per cent security and HK$24 million on a 4.79 per cent one, according to Bloomberg calculations. Those obligations are on regular bonds that don't carry options to push back payments. And New World paid interest on another regular dollar note earlier this month. BLOOMBERG


CNA
14 hours ago
- CNA
CNA938 Rewind - Is it time to lift the 15-month wait-out period for private home owners?
CNA938 Rewind Play National Development Minister Chee Hong Tat said recently that private property owners looking to buy a non-subsidised resale HDB flat may not need to wait till 2027 or 2028 for a review of the wait-out requirement. Andrea Heng and Hairianto Diman speak with Dr Lee Nai Jia, Head of Real Estate Intelligence at PropertyGuru, to find out if it's the right time to remove this temporary restriction.
Business Times
a day ago
- Business Times
Bishan to get over 2 million sq ft of office space, new integrated development
[SINGAPORE] Plans to develop Bishan as a business node could add over 2 million square feet (sq ft) of new office space to the area, Minister for National Development Chee Hong Tat disclosed on Thursday (Jun 26). The fresh office space will be part of a new integrated development mapped out for Bishan, one of Singapore's more densely populated areas. The housing estate will also get new community amenities such as a polyclinic, a hawker centre and a revamped bus interchange with air-conditioned waiting areas. Works for these new developments will start within this term of government, and take several years, said Chee in a video shared on social media channels on Thursday morning. It follows the unveiling of the Draft Master Plan 2025 on Wednesday, which revealed the government's plans to grow decentralised office spots with the refresh of regional business nodes across the island. At around 200,000 square metres or 2.2 million sq ft, the office space will take up a rough equivalent of 28 football fields, and be of similar size to Suntec City's office space. It is also expected to be on the scale of Paya Lebar Central, a relatively new commercial precinct that now houses the Paya Lebar Quarter development, completed in 2018 to 2019. Market watchers had pointed to several plots of vacant land near the Bishan interchange and around the Junction 8 mall, suggesting that new developments could sit atop the interchange. Property developer Lendlease and the Abu Dhabi Investment Authority jointly acquired the Paya Lebar plot at a state tender in 2015 for S$1.67 billion, trumping the offers of five other bidders. The 3.9-hectare site was then developed into seven buildings: a retail mall, three office towers and three private residential blocks. Paya Lebar Quarter and Paya Lebar Square contain well over a million square feet of office space. Some government agencies are now looking at relocating their offices to Bishan, to kick-start the development of the business node, the Urban Redevelopment Authority said on Wednesday.