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Bu4280 Tutorial 4 - Final (v2)
Bu4280 Tutorial 4 - Final (v2)
Bu4280 Tutorial 4 - Final (v2)
BU4280
Development and Building Economics
Tutorial 4
Assignment Report
In Singapore’s Concept Plan 2001, the vision states that:
“We envisage a city that is dynamic – for business, entertainment and leisure;
a city that is distinctive with heritage and identity; and a city that is delightful
with energy, excitement and entertainment.”
In short, the mission is set to transform Singapore into a thriving world class
city in the 21st century through seven key thrusts of the Concept Plan over the
next 40-50 years.
Since 2001, discuss through the seven key thrusts, projects that have been
implemented and those that are in the pipeline to physically and/or socially
develop Singapore in this direction. Review and comment on how the projects
can bring her closer to realising the vision of this Concept Plan.
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Content Page
1Introduction..............................................................................................................................1
2Housing....................................................................................................................................1
2.1Thrust One: New Homes in Familiar Places ....................................................................1
2.2Thrust Two: High-rise City Living – A Room with a View .............................................2
2.3Evaluation of Housing Thrusts (1 and 2) toward actualization of Vision in Concept Plan
................................................................................................................................................3
2.4Other Impacts and Recommendations..............................................................................4
3Recreation................................................................................................................................5
3.1Thrust Three: More Choices for Recreation ....................................................................5
3.2Projects Implemented under (Recreation) Thrust 3..........................................................5
4Business....................................................................................................................................7
4.1 Thrust Four: Greater Flexibility for Business .................................................................7
4.2Thrust Five: A Global Business Centre ............................................................................9
4.3 Thrust Six: Extensive Rail Network ..............................................................................11
5Identity ..................................................................................................................................12
5.1 Thrust Seven: Focus on Identity ...................................................................................12
6Conclusion..............................................................................................................................14
References................................................................................................................................15
Annex A...................................................................................................................................17
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1 Introduction
Singapore’s Concept Plan 2001 is Singapore’s long-term planning frame work which maps out our vision
for the next 40 to 50 years in terms of strategic directions for land use and transportation for a population
parameter of 5.5 million. It allows for efficient and effective use of our land resources, emphasizing
development in a sustainable manner, and seeks to transform Singapore into a “thriving world-class city
in the 21st century” through the plan’s seven key thrusts, grouped into ‘housing’, ‘recreation’, ‘business’
and ‘identity’.
Housing aims to create a more livable city where Singaporeans can reside comfortably, by providing a
wide choice of housing locations and types, on top of building 800,000 new homes to house the entire
population, and setting aside sufficient space for industries, businesses and other needs.
Recreation aspires to transform Singapore into a fun and exciting city, by providing a wide and balanced
variety of places, ranging from sporting facilities to accessible green spaces and more cultural facilities in
convenient locations, for everyone to enjoy.
Business projects the vision for Singapore to be a city empowered to compete in the international arena –
an economically vibrant city, driven by cutting-edge technology, high value-added industries and
services, a global financial centre with strong infrastructure. The knowledge economy entails a rapidly
changing business environment and calls for new ways of doing business, which incorporates flexibility.
Identity, a new focus of this Concept Plan, seeks to retain a sense of distinctiveness in our physical
landscape in the process of the country’s development while encouraging a sense of rootedness to our
country; Our community and national identity is something every citizen is very much concerned with.
Singapore aims to be more than “a clean and green city”, the first thing that comes to mind when people
mention Singapore.
“We want to be more: a global business centre, a hub for culture and arts, an island city that celebrates
its tropical greenness and a city that reflects its identity and history. We want to become a dynamic city
for business, leisure and entertainment, a distinctive city with heritage and identity, and most
importantly, a delightful place for building our homes and raising our children.” (Mah, 2001)
The government recognizes that the Concept Plan is not just about building an efficient city, but also
about building a home for Singaporeans. In this report, the seven key thrusts of the Concept Plan will be
discussed individually under the 4 above-mentioned categories. References to past, present and future
projects, specifically how they help to realize the vision of the Concept Plan, will be presented in a table
format for better understanding.
*Note that some projects will show some overlap in the various thrusts.
2 Housing
2.1 Thrust One: New Homes in Familiar Places
‘New homes’ refer to both newly built homes in established existing areas (e.g. Bukit Merah) and
upgrading and redevelopment of existing middle and old aged HDB flats. These homes will be built in
familiar places such that people can be close to their parents’ home and/or workplace and enjoy ready
amenities (e.g. MRT, markets etc). This aims to foster community bonds, rejuvenate existing bonds and
strengthen the residential image of the region.
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2.3 Evaluation of Housing Thrusts (1 and 2) toward actualization of Vision in Concept Plan
The vision to transform Singapore into a world class city is longer a dream but reality. The various
housing development projects have shown efforts and possibilities to fulfill Thrust 1 and 2 in the concept
plan. The details of the projects will be reviewed and discussed to assess how Singapore is striving
towards the goal of a world class city in the following table.
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3 Recreation
3.1 Thrust Three: More Choices for Recreation
As Singapore becomes more affluent, the government aims to provide a better quality of living for all
Singaporeans. Creating a recreational environment will contribute to making Singapore a more exciting
and fun place to live in. According to the concept plan, there will be more accessible green spaces, wide
ranging of sports and cultural facilities and exciting entertainment to develop Singapore into a vibrant
city to play in.
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4 Business
The vision for Singapore is to be an economically vibrant city, one that is driven by cutting-edge
technology, high value-added industries and services and a global financial centre with strong
infrastructure in order to compete in the international arena.
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Table 4: Evaluation of Projects Implemented, under Thrust 4 (Greater Flexibility for Business)
Projects Aims Discussion
Downtown @ A world class business and • Developer is able to phase the development to match
Marina Bay financial hub, integrated market demand, lowering upfront costs and risks
(Annex A) with quality housing, • White zones: 60% GFA for offices, remaining for other
recreational and leisure commercial uses and other complementary hotel,
facilities to create a total residential, entertainment and recreational uses
live-work-play
• BFC site forms part of the seamless expansion of the
environment
existing CBD at Raffles Place – able to plug readily into
the existing network of supporting businesses and
services
• Site connected to the rail network through underground
pedestrian network, linking to station concourses at
Raffles Place MRT station and the possible future rail
station
• Linked to the basement levels of adjoining buildings, the
waterfront promenade and the loop of attractions around
Marina Bay
• Residential development at Marina Bay allow people to
live and work in the city
One-North To create intellectually • 3 key focal districts: (a) Life Xchange (Caters to
vibrant environment where biomedical sciences industry e.g. Biopolis) (b) Central
visionaries would be Xchange (Caters to info-comm technology and media
attracted to work, live, play industries, e.g. Fusionpolis) and (c) Vista Xchange
and learn – in “a place of (offices, a hotel, bungalows, residential developments,
vision and inspiration” and a civic-cultural facility integrated with a retail
complex)
• Surrounded by various learning institutions such as
NUS, polytechnics, INSEAD and research institutions in
Biopolis and Science Parks.
• Able to share and exchange knowledge through learning
and playing
• communities also mutually benefit from the core
development of one-north
• Served by 2 MRT lines – Buona Vista and Circle Line
• Residential development allow people to work closer to
homes
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4.1.6 Implications
With greater flexibility, developers and industrialists can create the kind of environment that will best suit
different businesses. In addition, it helps to spur the creativity of developers and ensure that land is used
more optimally based on its location. Innovations will help to increase competitiveness and enhance our
image as a global business hub. Furthermore, the mixed uses on the same site bring more excitement and
colour to the life of those working in the business hubs. As land is being used more optimally based on its
location, it helps to alleviate the problem of land shortage in Singapore and land used for rezoning to be
free up for other uses. Hence, all these help to fulfill the vision of the concept plan in ensuring a place for
business, entertainment and leisure.
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4.2.2 Generate critical mass and drawing power for commercial viability
There is a need for greater synergy and critical mass to compete in the increasingly competitive global
arena. This is especially so for Singapore with her main resources being the human capital. Therefore,
Central Business District (CBD), being the central area, was planned for expansion since 2001, with the
sale of the first site at Marina South. With the expansion of this central area, there will be an increase in
the concentration of retail and commercial buildings. The commercial viability of Singapore will be
enhanced, making the city attractive to knowledge workers and global investors and talents.
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Future Lines
The Government has announced plans to build two new lines, namely the Thomson Line (TSL) and the
Eastern Region Line (ERL), which will add a total of 48km to the rail network. The Government has
given the go-ahead for the TSL to be built by 2018, and the ERL by 2020. In addition, extensions will be
made to the East-West and North-South lines by around 2015. The 14km Tuas extension will bring the
East-West line right into the heart of Tuas. The North-South line that currently ends at the Marina Bay
station will be extended 1km southwards to serve the upcoming developments in the southern Marina
Bay area, such as the new cruise terminal in Marina South. These four additions, together with the lines
now being built, will extend the rail network from the current 138km of track to 278km in 2020. The
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density of our rail network will increase by 60 per cent, from 31km to 51km per million population by
2020, comparable to cities such as New York and London, and surpassing Hong Kong and Tokyo.
Seamless Transportation
The series of ongoing projects and those implemented reflects how the government is trying to close the
gap between places and people. People can travel to all parts of Singapore with ease, be it to the suburb
or the city centre. Having a well connected rail system enables people to travel to workplaces easily.
Developers can choose to develop their business in the suburban area without having to worry about
accessibility and transportation.
As more commercial activities will be concentrated within the Central Area, a well established rail
network has been in place to cater for this demand and more stations has been added to serve future
development such as the Marina Area. The development of the 3 regional centres in Tampines,
Woodlands and Jurong East will be sufficient to provide for the needs of commercial space outside the
Central Area and people staying in the north-east can easily travel to the regional centres via a future
MRT line. In addition, having an extensive rail network is a good marketing strategy to boost the
economy because people can travel to all places to do their shopping and developers can develop their
business anywhere, anytime.
Welfare of Commuters
However, the rail network is being operated by 2 public-listed companies mainly SMRT and SBS Transit.
Being a public-listed company, they are accountable to their shareholder and profitability is a key issue.
The fee hike in train fares would definitely affect the commuters and especially the lower income
families. It is important that government step in and regulate so that price remains affordable to all. Thus,
the Public Transport Fund has been set up to help the needy.
More Intensification
Industries and businesses close to MRT stations will be able to build higher to optimize the use of land
around these important transport nodes. This will allow more people to enjoy the convenience of working
near an MRT station.
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Rustic Coney Point, Pasir Ris, Changi Retain a part of global Develop camping sites, seaside, town centres
Coast Village, Pulau Ubin and city for rural retreats for and nature walks
Punggol Point rustic and adventurous
experience
Southern Mt. Faber, Kent Ridge and Unveil less discovered Link up ridges with park connectors to form
Ridges Telok Blangah heritage and develop 9km chain ridges
& Hillside Villages of Gillman, Morse Rd more tourist spots Conserved buildings for art houses
Villages and Pasir Panjang Hillside villages developed for small scale
business
5.1.5 Southern Ridges and Hillside Villages and the discovery of ex-colonial features
With the panoramic views of the less discovered with colonial overtone heritage at the top of the hills, the
development of the southern ridges and hillside villages adds a variety to the historical value of the local
heritage as well as tourism attractions in Singapore.
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Fund for the implementation of conservation programme to safeguard our Heritage Trees and to promote
appreciation of our natural heritage.
6 Conclusion
The Concept Plan 2001 captures the vision of Singapore in the new century. Various projects have been
implemented since 2001 to work towards the mantra of “a thriving world-class city in the 21st century”.
‘Housing’ aims to provide homes for everyone in a quality living environment, on top of setting aside
sufficient space for industries, businesses and other needs. The key proposal in this section is to build
upwards, and constantly add to existing estates while developing new ones.
‘Recreation’ is concerned with providing a balance between green spaces and living and working spaces,
making Singapore an interesting place to live in, proposing higher accessibility to green spaces.
‘Business’ entails catering to the rapidly changing business environment in the 21st century while
garnering continuous economic growth. A new business zone to allow industries and businesses greater
flexibility to cope with dynamic changes will be put in place; Jobs will be provided closer to homes; and
the transportation system is developed to increase efficiency and cut down on transportation time.
‘Identity’, a new addition to the Concept Plan, aims to create a distinctive city, alive with rich heritage,
character diversity and identity. The key proposals center around Singapore’s built heritage, identity in
new towns, identity in familiar places and Singapore’s identity as a whole.
Together, the projects implemented under the seven key thrusts ensure a well-spread development that
will help to fulfill the vision the Concept Plan 2001.
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References
• Dictionary.com, http://dictionary.reference.com, retrieved on 5th April 2008.
• National Park Board, http://www.nparks.gov.sg/heritage_trees.asp, retrieved on 5th April 2008.
• Singapore Botanical Garden, http://www.sbg.org.sg/attractions/heritagetrees.asp, retrieved on
5th April 2008.
• Ministry of National Development
http://www.mnd.gov.sg/newsroom/Speeches/speeches_2005_M_26092005.htm, retrieved on
6th April 2008.
• Urban Redevelopment Authority, http://www.ura.gov.sg/pwbid/, retrieved on 6th April 2008.
• Speech by Mr. Mah Bow Tan, http://www.ura.gov.sg/pr/tables/pr01-20a.html, retrieved on
12th April 2008.
• Master Plan 2003. Urban Redevelopment Authority. (2008, March 22) Pasir Ris Park gets
makeover. The Straits Times.
• Terrence Voon. (2008, January 19) It's not just a stadium, it's a leisure playground. The Straits
Times.
• Tan Hui Yee. (2006, January 28) Little Green Dot. The Straits Times
• Wetlands.(2004). Kranji Trail, http://www.sbwr.org.sg/wetlands/text/04-101-7.htm, retrieved
on 4th April 2008
• Patwant Singh (2005, November 16) East Coast Park to get S$160m upgrade. Channel
NewsAsia, www.nparks.gov.sg, retrieved on 4th April 2008.
• Singapore Sports Council,
http://www.ssc.gov.sg/publish/Corporate/en/participation/participation.html, retrieved on 4th
April 2008
• Australian Local Government Association,
http://www.alga.asn.au/policy/healthAgeing/ageing/resources/publications/builtEnv.php,
retrieved on 4th April 2008.
• URA
o Concept Plan 2001, http://www.ura.gov.sg/conceptplan2001/, retrieved on 1st April 2008
o Blueprint for Jurong unveiled (April 2008), http://www.ura.gov.sg/pr/text/2008/pr08-
38.html, retrieved on 5th April 2008.
o URA Launches Tender for Another Prime White Site at Marina Bay (May 2007),
http://www.ura.gov.sg/pr/text/2007/pr07-54.html, retrieved on 4th April 2008
o Making the central region more appealing (June 2003),
http://www.ura.gov.sg/pr/text/pr03-25.html, retrieved on 4th April 2008
• JTC Corporation
o http://www.jtc.gov.sg/portfolio/jurongisland/pages/index.aspx, Retrieved on 5th April
2008
o http://www.jtc.gov.sg/portfolio/businesspark/pages/index.aspx, Retrieved on 5th April
2008
o http://www.jtc.gov.sg/portfolio/one-north/pages/index.aspx, Retrieved on 5th April 2008
o http://www.jtc.gov.sg/portfolio/tuasbiomedicalpark/pages/index.aspx, Retrieved on 5th
April 2008
• Sapun, M. (2007) Managing Singapore’s Land Needs. Ethos Issue 2, 8-17
BU4280 DEVELOPMENT AND BUILDING ECONOMICSTUTORIAL FOUR
Annex A
Developments on the Bay
Facility