Greater Southern Waterfront — 7 Things We Know So Far in 2019

by Albert02

Greater Southern Waterfront Singapore — 7 Things We Know So Far in 2019

Greater Southern Waterfront. For some politically apathetic young Singaporeans, the announcement of the Greater Southern Waterfront development, also known colloquially as the upcoming “Keppel Club BTO,” was the key takeaway from the recent National Day Rally 2019.

That’s correct! In this uber-prime district, there will be a HDB BTO. It’s almost certainly going to be the next [email protected]; I’m sure a slew of would-be property investors are already camped out on the HDB website, waiting for the balloting to begin.

However, the Greater Southern Waterfront is much more than that. What else is on the horizon for this region? So far, here’s what we know.

Where is this Greater Southern Waterfront exactly?

Consider the Greater Southern Waterfront (GSW) to be Marina Bay plus two arms extending to the left and right. It stretches from Pasir Panjang and West Coast Park to Gardens by the Bay (East) in the west to Gardens by the Bay (East) in the east. The area also includes Sentosa to the south.

Even though Prime Minister Lee jokingly compared the Greater Southern Waterfront to Punggol, it is nothing like Punggol.

Pasir Panjang, Harbourfront, and Marina South are already well-developed areas with significant historical and economic significance.

In fact, the key development driving this change is the relocation of the historical shipping ports of Pasir Panjang and Tanjong Pagar to Tuas Port. This move clears the way for redevelopment of a large area.

The Greater Southern Waterfront is said to be six times the size of Marina Bay, with a total of 30 kilometers of coastline. (For comparison, East Coast Park is only 15 kilometers long!)

Click to watch this Video by the URA that will give you a better sense of the Greater Southern Waterfront’s location and size.

1. Keppel Golf Club will be redeveloped into 9,000 public and private homes

The Greater Southern Waterfront will be built in stages, with one of the first changes being the creation of new “Keppel Club BTOs.”

Keppel Club is a golf and country club in the Telok Blangah area. Its lease expires in two years, and the government is already planning to develop the site for housing.

Singaporeans are particularly excited because some of the estimated 9,000 housing units will be public housing, i.e. HDB BTOs. It doesn’t take a genius to realize that landing a Keppel BTO is just as good as landing a 4D. Just ask those who bought [email protected] condos for $450,000 and resold them for $1 million.

However, realistically, it is unlikely that there will be many public housing blocks here. The property is far too valuable.

Even if Keppel Club is removed, this area remains an ah sia kia playground — there’s still the Marina at Keppel Bay, where the 1% park their yachts, and a slew of luxury condos.

So, what are the chances of it becoming a major public housing estate like Punggol? Sorry, but I believe it is quite low.

Of course, the scarcity will only make people more aggressive in their search for a place to live here. There has already been discussion about possible measures such as longer MOP, higher resale levies, and shorter leases to avoid another [email protected] disaster.

2. New Thomson East Coast Line and Circle Line MRT stations by 2025

Despite its central location, the Greater Southern Waterfront area is currently not well served by MRT.

The Circle Line currently serves the western side of the area, with MRT stations Haw Par Villa, Pasir Panjang, Labrador Park, Telok Blangah, and Harbourfront located along the coastal stretch.

The Thomson East Coast Line will allow you to access the eastern part of the Greater Southern Waterfront by 2023. Marina South, Gardens by the Bay, and Tanjong Rhu MRT stations serve the area.

The middle section of the Greater Southern Waterfront remains unconnected to the MRT network. We’ll have to wait until 2025 for the Circle Line to become a true circle. The three new Circle Line MRT stations, Keppel, Cantonment, and Prince Edward Road, will be located directly in the heart of the precinct.

3. Brani Terminal will become a second Sentosa with “Downtown South”

Pulau Brani, a tiny shard of an island between Singapore and Sentosa that now houses the Port of Singapore’s Brani Terminal, appears to be going the way of Sentosa.

Brani Terminal, along with the rest of the PSA port terminals in the south, will be relocated to Tuas Port. PM Lee stated during his National Day Rally 2019 that the land will be freed up for “new attractions” similar to Universal Studios on Sentosa.

A “Downtown South” resort, essentially an offshoot of NTUC’s Downtown East, is one of the confirmed leisure attractions. Will a golf course and villas replace the water theme park and chalets? Nobody knows.

The plans for Pulau Brani are not new; they were first announced last year. More visuals can be found in the linked video.

In any case, the plans for Pulau Brani are not officially part of the URA Draft Master Plan 2019’s Greater Southern Waterfront section, so they are unlikely to be ready in the next 5 to 10 years.

4. Sentosa to undergo “rejuvenation”

Meanwhile, Sentosa Island, which has been looking a little run-down since the novelty of RWS faded, is set to undergo some redevelopment.

Since 2018, there has been discussion about how to improve Sentosa’s infrastructure and recreational amenities.

There are three new hotels on the island already: the Village Hotel at Sentosa, The Outpost Hotel, and The Barracks Hotel.

But there are bigger plans in the works as well.

Siloso Green, on the site of the former Underwater World, is one of the confirmed new attractions, and will house shops, bars, eateries, and live music… in shipping containers. So, even though we’re removing the actual shipping containers from the city, we’ll be seeing some fake ones soon!

PM Lee also mentioned during the NDP rally that the government will “revitalize Sentosa’s beach areas and expand its nature and heritage trails,” which sounds more in keeping with Sentosa’s heritage.

5. Old power stations to become… another St James?

Pasir Panjang Power District, essentially the two old power stations between Labrador Nature Reserve and the current Pasir Panjang port terminal, is one of the changes we can expect in the next 5 to 10 years.

Both power stations, which were built in the 1950s and 1960s and are now decommissioned, are primed for redevelopment into a lifestyle destination, similar to St James Power Station.

The URA held a competition earlier this year called Power-Up Pasir Panjang!, in which the public could submit ideas for the defunct power stations. The winner has not yet been announced.

6. Mount Faber to get a “mini cable car” (maybe?) by 2023

Apart from Keppel Club and Pasir Panjang Power District, Mount Faber is the last part of the Greater Southern Waterfront to be included in the URA’s Master Plan 2019.

Mount Faber isn’t getting a lot of visitors right now, despite its excellent location. As a result, One Faber Group, which manages Mount Faber’s cable car attraction and businesses, is currently considering a new “cable car” to transport visitors from the bottom of the hill to the top.

This new ride not only makes Mount Faber more accessible, but it also allows Singaporeans to access the Southern Ridges, a stretch of parks and walkways that connects Mount Faber all the way to Kent Ridge. This should be ready by 2023 if implemented.

7. Rail Corridor, nature trails, waterfront promenade & more

Surprisingly, the Greater Southern Waterfront has a lot of greenery and nature. West Coast Park and Kent Ridge Park are located on the western edge, Labrador Nature Reserve, HortPark, and Mount Faber Park are located on the southern edge, and Gardens by the Bay (South and East portions) are located on the eastern edge.

Fortunately for nature enthusiasts, there are no plans to demolish these habitats to make way for new developments in the area. Instead, we can expect more trails to connect these green spaces.

The most notable planned trail is Pasir Panjang Linear Park, a long stretch that will run along the soon-to-be-vacated Pasir Panjang wharves, connecting Labrador Nature Reserve and West Coast Park. This coastal path has the potential to become a second East Coast Park.

Another significant development is the URA’s planned waterfront promenade (similar to Marina Bay), which will run along the majority of the Greater Southern Waterfront’s western coast. This promenade may even allow you to run or cycle from Marina Bay all the way to Jurong.

Finally, when the Rail Corridor is completed, a portion of it will run through the Greater Southern Waterfront. (The old Tanjong Pagar railway station, which is located near the historical Tanjong Pagar port terminal, serves as the starting point for this linear park.) The old rail line continues all the way to Woodlands.

Click the image to read the full details of report.
Source: 
https://blog.moneysmart.sg/property/greater-southern-waterfront/


 
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