Singapore Property News This Week #170

Singapore Property News This Week #170

Singapore Property News This Week #170

Residential

Revised URA guidelines limits cluster housing development

In recent years, residents have raised concerns about overcrowding in areas such as Toh Estate and Telok Kurau Estate. With more developers building homes in these areas, problems such as traffic and parking congestions were brought up. To ease overcrowding concerns in some of these landed estates, the Urban Redevelopment Authority (URA) has revised its guidelines for cluster housing. Under the new ruling, fewer strata-landed houses will be developed in upcoming projects as the maximum number of units for cluster housing has been lowered. Besides that, developers have to use at least 45 per cent of the land space for the development of greenery and communal facilities. This was 15 per cent higher than the current 30 per cent that developers currently have set aside for such development. According to URA, these new guidelines have taken effect since August 23. Nicholas Mak …

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About The Author

Singapore Property Blog

Propwise.sg is a Singapore property blog dedicated to helping you understand the real estate market and make better buying, selling, renting and investing decisions – minus all the hype and misinformation ...

Singapore Property News This Week #170

Singapore Property News This Week #170

Singapore Property News This Week #170

Residential

Revised URA guidelines limits cluster housing development

In recent years, residents have raised concerns about overcrowding in areas such as Toh Estate and Telok Kurau Estate. With more developers building homes in these areas, problems such as traffic and parking congestions were brought up. To ease overcrowding concerns in some of these landed estates, the Urban Redevelopment Authority (URA) has revised its guidelines for cluster housing. Under the new ruling, fewer strata-landed houses will be developed in upcoming projects as the maximum number of units for cluster housing has been lowered. Besides that, developers have to use at least 45 per cent of the land space for the development of greenery and communal facilities. This was 15 per cent higher than the current 30 per cent that developers currently have set aside for such development. According to URA, these new guidelines have taken effect since August 23. Nicholas Mak …

Read the Full Article

About The Author

Singapore Property Blog

Propwise.sg is a Singapore property blog dedicated to helping you understand the real estate market and make better buying, selling, renting and investing decisions – minus all the hype and misinformation ...

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