The draft URA Master Plan 2019 was released on 27 March 2019, and is available on the following website: https://www.ura.gov.sg/Corporate/Planning/Draft-Master-Plan-19
In this latest Master Plan, the most exciting developments in Singapore’s urban planning framework are the following:
- Greater Southern Waterfront project
- Rejuvenation of the CBD through bonus plot ratio incentives
These twin developments will mean that the “centre of gravity” of Singapore’s property market may shift further southwards.