Marina East - any future planning news or development?

[gwlip]

I saw a thread many years ago about Marina East being touted for Disneyland but that fell through.
I wonder if there are further plans etc for Marina East in the coming years? It seems forgotten by the government with obvious emphasis on Marina South now and other areas.

Any one with any news, rumors or ideas - please share

[y2koh]

Nope, no rumours and no news. The only thing related to Marina East is that I suspect there will be an ERL station in Marina East, but as stated in the tender doc posted by Lee480, it should also be the one that will be built as a shell, to be retrofitted when necessary. So the station may only open at least 5 years after 2022, and that also means that any development in Marina East, will only be after 2027, possibly after 2030.

This also means that URA is not "forgetting" Marina East. They are simply leaving it as an interim golf course until it is necessary to develop. In fact, Marina South (east of the Gardens by the Bay) itself has not even started development.

To me, it just means that the government still expects Singapore's population to grow significantly post 2030. The moment all the land in the Marina Bay area and TPCT gets developed, it means that we have achieve a stable state and there is no need for additional large scale land for development.

[gwlip]

Would this be mentioned even in the upcoming Concept Plan
Wonder if this would be a possible future IR location?
Guess gotta wait for future ideas or plans from the Gov...

[y2koh]

1. Most likely will not focus on it.
2. Definitely no IR, most likely will be predominantly residential
3. Marina East does not need ideas, the government is simply waiting for the right time and opportunity to ensure maximum returns from land sales.

[gwlip]

Originally Posted by y2koh

1. Most likely will not focus on it.
2. Definitely no IR, most likely will be predominantly residential
3. Marina East does not need ideas, the government is simply waiting for the right time and opportunity to ensure maximum returns from land sales.

Hmm, I would think it being part of the extended "Marina Bay" story and beside East Coast Park in future there would be some creative ideas for commercial + residential themes etc.. like the talk of Disneyland in the past there which fell through

Definitely no IR meaning in your opinion Singapore would not have anymore IRs in future or it should not be in Marina East?

[y2koh]

Originally Posted by gwlip

Hmm, I would think it being part of the extended "Marina Bay" story and beside East Coast Park in future there would be some creative ideas for commercial + residential themes etc.. like the talk of Disneyland in the past there which fell through

Definitely no IR meaning in your opinion Singapore would not have anymore IRs in future or it should not be in Marina East?

The Marina Bay story is "Work, Live and Play". Already we are seeing that the eastern side of Marina South slated for residential, so we will definitely see more residential developments on Marina East side as a natural extension, and emphasizing on the "live" component which currently takes up only 15% of the new downtown area. There will definitely be a bit of commercial in Marina East, possibility a business park, but taking up only 20% of the land use, referring to the Concept Plan 2001.

http://www.ura.gov.sg/gallery/images...ceptPlanA3.pdf

As I said before, they do not need ideas to develop Marina East, so no need for any kind of development catalyst. Decentralization is one of the important national strategies for efficient use of the transport system and to relieve the peak hour transport crunch on the infrastructure, which has difficulty catching up with the demand.

In fact, there may even be a possibility that Marina East will be developed as a HDB New Town, with a higher proportion of private residential. I think URA/HDB may be taking a cue from Punggol and come up with the right distribution. I will say 30-40% of private residential out of the total residential GFA. But that'll will be at the expense of the potential revenue the government can get out of the plot of land. As I said, waiting is the best when it comes to Marina East. The demand will always be there, but at this point in time where demand for CCR properties remain low, it's best that URA not to flood the market and run into the scenario of over supply in the area.

The chance for more IRs in the future is probably less than half. If there will be any, the possibility of it in Marina East is very low.

[mud]

Originally Posted by y2koh

To me, it just means that the government still expects Singapore's population to grow significantly post 2030. The moment all the land in the Marina Bay area and TPCT gets developed, it means that we have achieve a stable state and there is no need for additional large scale land for development.

So, once the port and marina bay areas are developed, we would have achieved a stable state?

A stable state of what exactly? Of population? Land reclamation? Of growth economically? Of the size if the CBD? Or of growth in that area?

It would seem to me that unless the CBD grows outwards( into the sea aka reclaimed land) it will grow inwards.

[y2koh]

Stable state of land requirements. It will come to a point in time when our population growth will slow down to a rate where intensification of existing landuse alone, through advanced technologies, will be able support our needs. My guess is that the government will continue to allow the population to grow at the current rate until it reaches 8million likely by 2040. Therafter, our population growth rate will be halved, reaching 9million only in 20 years.

[mud]

Originally Posted by y2koh

Stable state of land requirements. It will come to a point in time when our population growth will slow down to a rate where intensification of existing landuse alone, through advanced technologies, will be able support our needs. My guess is that the government will continue to allow the population to grow at the current rate until it reaches 8million likely by 2040. Therafter, our population growth rate will be halved, reaching 9million only in 20 years.

Would that mean then that all land would be allocated by that stage. All land would have been developed or be allocated to its final state( as a nature reserve or military reserve or the like) And no land would be 'reserved'? ie all those yellow plots on the map would be developed or allocated?

That would seem to ring in a completely new era of development in Singapore. With no massive grass fields of unoccupied land to develop, the URA would finally have to so some serious urban RE-development. It seems almost scary right now, but that is now most cities in the world are and have always been.

[y2koh]

Exactly. By 2070, most of the HDB flats and land that was sold on a 99 yr lease during the 70s would have been either en bloced, or have to be re-acquired by the government for redevelopment.