Tag Archive: benefit

Singapore: Orchard and Newton which are located in Core Central Region (CCR) of Singapore set to benefit from the upcoming transformation from URA Master Plan.

When hunting for a homestay or investment house, savvy property buyers review the URA Master Plan. The Master Plan, developed by the Urban Redevelopment Authority (URA), is a statutory land use plan for Singapore’s medium-term growth (over the next 10 to 15 years), showing how potential activities in the area will affect the value of a property or the quality of life in the future.

We look at the master plans for Orchard and Novena, two of the most common districts in the CCR, and how they would impact emerging and current assets and living conditions.

Novena in District 11

Novena is well recognized for its range of shopping malls, including United Square, Square 2, Goldhill Plaza Mall, and Velocity, which are all within walking …