The Northern region may be seeing a developmental boom in the next few years.
Northern districts developing in the next few years
The Yishun, Sembawang and Woodlands townships are already showing signs of rapid development.
Woodlands is on its way to being “a vibrant live-work-play business hub set in a lush green northern waterfront” according to URA’s Masterplan 2014. The government is committed to transforming it into a hub with new housing, recreational and business facilities.
The Woodlands Regional Centre will provide links between Singapore and Malaysia as Singapore’s Northern Gateway. 3 upcoming MRT stations under the Thomson-East Coast Line will be ready next year, reinforcing accessibility to the area.
Rejuvenation in Yishun and Sembawang
The idyllic but remote estates of Yishun and Sembawang are also coming into their own as places where young families and professionals want to live, work and play in.
The transformation of the Yishun town centre is almost complete. It connects Northpoint City, the largest mall in Northern Singapore, with the 920-unit North Park Residences and the Yishun MRT station and bus interchange.
In Sembawang, 2020 will be the year the Sembawang Sports and Community Hub is ready. Residents here will then have easy access to a swimming pool, a polyclinic, and childcare and eldercare centres. But rest assured the feeling of living amidst greenery will not be lost.
The government has recently announced plans to create a 1.1-hectare park around the Sembawang Hot Spring.
In short, these previously-sleepy estates are waking up, possibly in big ways. Their margins for development are growing and so will property prices and rental potential.