Land-use intensity: No sudden changes

Posted on June 28th, 2007 by Mindy Yong.
Categories: Singapore Real Estate News.

Land-use intensity: No sudden changes 
THE Government has no plans for a major exercise to raise plot ratios anytime soon.
In the lead-up to next year’s announcement of the Master Plan for Singapore’s physical development, National Development Minister Mah Bow Tan quashed expectations in some quarters that plot ratios are headed upwards.

This was to make room for a future population of 6.5 million.

The plot ratio of a site decides how much total floor area it can support.

In other words, whether its buildings can be high-rise or low-rise.

It is also known as a site’s development intensity.

In an interview this week, Mr Mah said there was no need for a massive across-the- board change in development intensity.

This is because the land available today is more than enough to meet needs over the next 10 to 15 years.

That is the time-frame for the upcoming Master Plan 2008, to be unveiled around the middle of next year.

The statutory document regulates what land parcels across the island can be used for and their density.

It is reviewed every five years.
 
Source: The Straits Times, 28 June 2007

Leave a Comment

Names and email addresses are required (email addresses aren't displayed), url's are optional.

Comments may contain the following xhtml tags:
<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>