URA prepares huge Sengkang site for a new residential estate

A LOT of large land parcels have been earmarked for residential use in Fernvale North, a housing estate set to take shape in Sengkang.

The property is bordered Jalan Kayu by Fernvale Street and Anchorvale Street. It will also be bounded by the Tampines Expressway, Sengkang West Drive and Sengkang West Drive. The location will be located near Kupang, Thanggam and Sengkang Riverside Park.

The Urban Redevelopment Authority (URA) on April 29, declared that the development proposed would help meet the growing demand for housing in the area, and provide residents with amenities for community and social life and a better access to parks and better road connectivity.

URA proposes to create a residential zone on an area that is which is bordered by Jalan Kayu and Fernvale Crescent (subject planning).

A portion of Fernvale Road and Fernvale Crescent, as well as the surrounding streets, is slated for a massive housing development. Plot ratios of between 3.9 and 4.20 are being assigned to various parcels of land. The Business Times has confirmed that a small park as well as a site of worship is proposed for the site.

Another site, bound by Fernvale Crescent, Anchorvale Street and a new road, Sengkang West Drive, is expected to meet demand for housing, as well. This site is also to be used as the creation of a park, a medical and health zone, and a medical and health.

Sengkang, a satellite town in the north-east part of Singapore, is growing rapidly. In 2023, according to the Population trends report of Statistics Singapore, Sengkang would be one of five planning zones with over 250,000 residents. Bedok, Tampines Jurong West and Woodlands were the other four. According to the report there are seven subzones in Sengkang : Sengkang West (also called Fernvale), Anchorvale (also also known as Compassvale), Sengkang Town Centre (also called Rivervale), Lorong Halus North and Sengkang Town Centre.

The Anchorvale Village with 207 units Anchorvale Village and the 933-unit Fernvale Vines, as well as the 2,500-unit Rivervale shores are the latest Build-To Order projects that were launched in Sengkang between 2017 and 2019.

BTO flats located in Fernvale Vines in Sengkang cost from S$102,000 per two-room unit to S$442,000 for a three-generation unit.

Lee Sze Teck is Huttons director of data analysis, Hutton’s senior position. He said that the last condominium launched in Fernvale, was the Parc Botannia, a 735-unit development developed by Sing Holdings & Wee Hur. The project was sold out to more than 230 units in its opening weekend in 2017, at an average price of S$1,270 per square foot (psf).

Lee added: “There may be a mix of public and private or executive condominium (EC) homes in Fernvale. There could be between 4,500 and 5,000 units within the parcels that are bordered by Fernvale Street, Fernvale Crescent and Fernvale Street. The other parcels that are located along Anchorvale Street may have around 6,000 to 7,000 homes.”

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URA announced on Monday that land parcels along the Bukit panjang Road are being considered for residential use. The land parcel is located near Bangkit LRT Station. Bangkit LRT Station.

URA stated: “The amendments proposed are designed to encourage residential development that will meet the growing demand for housing in the region and permit more residents to access amenities and public transportation.”

Huttons’ Lee pointed out that Beacon Primary School occupies the Bukit Panjang location.

He added: “It could mean that Beacon Primary is relocated or amalgamated with a school. The land parcel is likely to produce an estimated 900- 1,000 dwelling units and could be used for a BTO.”

Additionally, some land parcels along Woodlands Drive 17 may be reserved for residential use, too.

“This parcel of land is located next to Singapore Sports School and opposite to a GLS (government land sales) site along Champions Way sold in September 2023 for S$904 psf ppr,” said Lee.

He added that the property is accessible via the foot from Woodlands South MRT Station, could possibly yield more than 1,000 housing units.

He added: “If it is for private or EC development, it might be better to parcel the property into two parts to lower the risks to developers.”