, Singapore
525 views

URA unveils first White site in Woodlands Regional Centre for sale

The 2.7 ha site can generate a gross floor area of 115,000 sqm for office, residential and retail use.

The Urban Redevelopment Authority (URA) released the first White site in Woodlands Regional Centre for sale under the reserve list of the 2nd half 2018 Government Land Sales (GLS) programme, an announcement revealed.

The 2.7 ha mixed-use site can potentially generate 115,000 sqm of gross floor area (GFA) for office, residential, retail and entertainment uses, URA said in a statement. At least 45,000 sqm of the maximum GFA is permissible for office use, whilst a maximum GFA of 30,000 sqm is allowed for commercial use, excluding offices and commercial schools.

Also read: MND unveils GLS sites for hotel and commercial uses

“The remaining GFA can be developed for additional office, commercial school, serviced apartments or residential flats,” URA said in a statement. “These should offer a range of housing and lifestyle options well integrated with attractive landscaped public plazas and gathering spaces that will further enhance the vibrancy and street level experience of Woodlands Central.

The White site is located above the upcoming Woodlands TEL station. The new development will have a direct basement connection to the future station, providing shoppers and commuters access to the Thomson-East Coast MRT Line that can bring them to the Central Business District (CBD), Marina Bay and Orchard Road.

It comprises of three plots with two land parcels measured at 21,055.7 sqm (Plot 1) and 6,450 sqm (Plot 2) respectively, whilst an air space stratum is 746 sqm.

Also read: URA releases four sites for sale under the second half 2018 GLS programme

According to URA, a low-rise development capped at 5-storeys is permissible for Plot 1 though it will be subject to the Land Transport Authority’s (LTA) loading requirements for areas above the Woodlands TEL station. For a high-rise development, the maximum building height is capped at 90 metres above mean sea level (AMSL).

For Plot 2, a 90-100 metre AMSL maximum building height is allocated and the development will also be subject to LTA’s loading requirements.

“Over the next 15 years, Woodlands Regional Centre will become home to new space for industry, research and development, learning and innovation,” URA said in a statement.

When fully developed, Woodlands Regional Centre is projected to comprise of about 700,000 sqm of commercial space and offer approximately 100,000 new jobs, according to URA. 

Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.


If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.

Top News

Asia insurers risk irrelevance as protection gaps widen
An expert said Singapore saves 36% of its income despite having high protection and critical illness gaps.
Insurance
Banks urged to turn pricing into a strategic growth lever
A consultant says data-driven pricing can boost revenue and lower funding costs without sacrificing volume.
AI governance failures threaten banks’ returns
95% of GenAI spend has no outcome as organisations remain in the early stages of adoption.