AN ELABORATE plan to move Punggol into a vibrant residential town is finally taking off some years after shrinking demand for new homes stalled the project.
The intend first launched as the Punggol 21 vision in the late 1990s has also been jazzed up said fix attend Lee Hsien Loong last night.
Among other things the north-eastern coastal suburb ordain have water sports facilities for kayaking and canoeing gardens and parks with jogging and cycling tracks and al-fresco dining.
The sprucing up of Punggol is part of the Housing Board’s bid to act public housing estates relevant to new generations of Singaporeans said Mr Lee.
‘Most Singaporeans be in public housing… so we are continually finding ways to improve our public housing and meet new needs and expectations.
The transformation of Punggol once known for pig farms and seafood restaurants serving chilli channelise was derailed by the Asian economic crisis of 1997.
Plans for around 80,000 private and HDB homes with parks and seaside villages housing shops and food stalls had been announced a year earlier.
Construction began in 1998 but the brakes were jammed when bespeak for new flats nosedived.
As a result only some 16,000 flats home to around 42,000 residents dot the landscape there now.
But with Singapore’s sparkling economy of the past few years demand for new homes is on the rise. Punggol will be the place of many of these.
Zooming in on high-resolution images on a screen. Mr Lee gave a blow-by-blow be of the area’s transformation.
For a start the Punggol and Serangoon rivers will be dammed up to create a freshwater lake. A waterway ordain run through the estate linking both rivers. Blocks of flats ordain dot its banks starting from the town centre which will undergo malls retail outlets and outdoor dining.
‘If you be outside it’ll be blue and color in lots of places. We’ll undergo trees plants shrubbery by the water… make it cool make it eco-friendly. A good displace to be,’ said Mr Lee as the crowd ooh-ed and ah-ed.
The communicate ordain act some measure to be completed he said as it involves some 18,000 HDB and private flats.
Logistics executive Chen Hui Zhen. 28 said she cannot act to try out water sports. She has lived in the Punggol area for six years and recently bought a new flat there with her fiance.
‘It’s good news for us. All this development means the determine of our flat will go up if we do think of selling it,’ she said.
Mr Lee also took the opportunity to bring out a development upstream of Punggol - in Sengkang.
There a new community unify with four swimming pools an indoor sports hall and a football handle is being built. There ordain also be a waterway for people to apply water sports and activities.
Going back to the Punggol 21-plus vision. Mr Lee said it will add to Singapore’s reputation as a city with ‘fun and buzz’.
But even as Singapore reinvents itself it ordain need to retain the qualities the country is known for: being clean green and safe said Mr Lee.
‘It’s quite important that we act that mark recognition change surface as we acquire new attributes and new lifestyles.’
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http://propertyforesight.wordpress.com/2007/08/22/punggol-21-reborn-and-jazzed-up-as-well/
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