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Subscribe to this list via RSS Blog posts tagged in Jurong District

Jurong-Lake-District.original.jpg

The team led by KCAP Architects&Planners (KCAP) has been appointed as consultant to develop the detailed master plan for the Jurong Lake District, revealed the Urban Redevelopment Authority (URA) on Wednesday (8 February).

This comes after its proposal received the highest score among the five teams shortlisted for stage two of the Jurong Lake District Request for Proposal (RFP) exercise.

The URA noted that the team’s proposal best met the expectations and requirements of the RFP as it featured a “sensitive focus on water and greenery, which incorporates new waterways and a series of green spaces and connections that weave through the entire district to create a strong, distinctive identity”.

“Evaluation panel members were similarly impressed with the proposed urban typology that integrates with the green setting beside Jurong Lake, which at the same time places emphasis on creating active, walkable streets and interactive public spaces,” it said.

Over the next few months, the team will work with the URA and relevant agencies to refine the master plan and draw up detailed proposals for the Jurong Lake District, with the proposals set to be exhibited in mid-2017.

During the exhibition period, the public are encouraged to give their feedback on the detailed proposal. Thereafter, the URA will work with the consultant to review and incorporate the feedback where appropriate, before finalising the master plan.

Credits: Propertyguru

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The Jurong Innovation District will create an environment to house activities such as learning, research, innovation and production within a single, next-generation industrial district, Mr Heng Swee Keat says.

SINGAPORE: An “industrial park of the future”, the Jurong Innovation District, will be developed, and is touted to be the “future of innovation for enterprise, learning and living”.

Finance Minister Heng Swee Keat announced this in his Budget statement on Thursday (Mar 24), and described the space as “an open and innovative urban environment”. The first phase of the District is targeted for completion around 2022, he added.

“Fifty years ago, we transformed Jurong from swampland into a thriving hub for the manufacturing industry that powered Singapore’s economic growth. Now, we will make another leap to create the industrial park of the future,” he said.

The Minister noted that Singapore’s earlier industrial estates were developed for specific industries focused mostly on production. Today, however, learning, research, innovation and production are closely intertwined, he said.

The Jurong Innovation District will create an environment to house activities such as learning, research, innovation and production within a single, next-generation industrial district. “This has the potential to transform how we live, work, play, learn and create,” he said.

JTC is currently constructing Launchpad @ JID to serve as a space for entrepreneurs, researchers and students to design, prototype and test-bed their new innovations, Mr Heng said. 

Nanyang Technological University will be integrated within the district, bridged by an open plaza to create an open learning environment, the Finance Minister added.

It also launched an open innovation call to invite technology owners to test-bed and develop innovative and sustainable infrastructure within the District, he added.  

Credits: Channel News Asia

Tagged in: 2022 JTC Jurong District
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Sales crashed by 66.6%.

According to Knight Frank, private investment sales plummeted to $1.1 billion, a significant decline of 66.6 per cent quarter on quarter (q-o-q). The Real Estate Investment Trusts (REIT) market was especially quiet in 1Q 2014 with no flotation and acquisition activities in the local investment sales market.

Investment sales in the residential sector finally regained its pole position by constituting 55.4 per cent of the total investment sales volume in 1Q 2014. This is followed by the commercial & hotel sector and the industrial sector, which comprised 39.2 per cent and 5.4 per cent of total investment sales value respectively.

Credits: Singapore Business Review

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