By Mr. Propwise

Whether you’re looking at investing in residential, commercial or industrial property, the Urban Redevelopment Authority’s (URA) area planning and guidelines will have a long term impact on your property’s values. In this post we will look at the different types of development that the URA plans for and in particular we will focus on industrial developments as interest from investors have been increasing in this segment.

The URA’s role is to plan the physical development of Singapore and to optimize the use of the country’s limited land resources. To this end it puts out the Concept Plan, which is a long term strategic land use plan that guides Singapore’s development over a forty to fifty year period, ensuring that Singapore has sufficient land to meet long term population, economic and quality of life goals. It is reviewed every ten years, and the last one was completed in ...