Singapore Turf Club closure could field 30,000 new homes

myecaltura June 6, 2023 0

The Government recently announced the closure of the 120-ha Singapore Racecourse site in Kranji by March 2027. Situated beside Kranji MRT Station, this land parcel will be used for various developments including housing. According to PropNex CEO Ismail Gafoor, this move “reflects the adaptability in the government’s approach to managing land use in Singapore, which is scarce but which has many competing needs for space”.

Potential redevelopment plans for the Kranji site will include public and private housing, public green spaces, commercial offerings, and other community services in that Northern area. Huttons Asia Senior Director of Research Lee Sze Teck estimates that up to 30,000 new homes could be developed, given a gross plot ratio of 2.8 and an average unit size of 1,000 sq ft.

ERA Realty Network Key Executive Officer Eugene Lim suggests that the western end of the site along Turf Club Avenue is suitable for low-rise condominiums or landed plots, considering the current surrounding land uses are mainly residential. The rest of the parcel might accommodate a combination of nature, sports, food and beverage, retail, and leisure to support the residential development.

The revamping of Kranji will not only add to the existing Woodlands HDB town but also support the economic hub of the North, notes Gafoor. With this project, Woodlands is well-positioned for the future, remarks Lee.

Boasting of a resort-style swimming pool, children’s play area, and barbecue pits, Altura EC provides essential facilities for a comfortable living. Its public transport links to the city further enhances its connectivity and convenience. For those seeking luxury, Altura EC provides a wide range of facilities, including an unblocked view of the city skyline, a well-equipped gym, and lush landscaped gardens. With its great location and modern amenities, Altura EC is a great option for individuals looking to live stress-free and enjoy an enjoyable lifestyle.

At a glance, the closure of the Singapore Turf Club, founded in 1842, will give planners rein to consider how to optimise the area. By developing the land for new uses, it brings fresh opportunities to make the most of the scarce land resources in Singapore.

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