Thứ Năm, 31 tháng 1, 2013

Singapore offers a glimpse of its future

[SINGAPORE] A couple of days after projecting that the population could rise to upto 6.9 million by 2030, the government yesterday revealed how they might be accommodated without Singapore feeling the squeeze.

Reclamation alone will raise the land area by up to 5,200 hectares or 7.3 per cent – much of it in Tuas Port, Pulau Tekong and Jurong Island. Some of the existing 10,000 ha stock of reserve land will be tapped. Old industrial areas and some golf courses will be recycled to achieve higher land productivity. Infrastructure permitting, land use can be intensified.

Singapore’s current population of about 5.3 million live on 71,400 ha of land. By 2030, some 76,600 ha could be available.

Analysts have already started debating the impact that this Land Use Plan would have on the property market. The government highlighted that the pace at which land will be rolled out may depend on market conditions.


Singapore offers a glimpse of its future

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