SINGAPORE: To meet the demand for homes, the government will launch a new housing area in Yishun and may develop a new residential neighbourhood at Gillman Barracks.
This was announced by National Development Minister Desmond Lee on Tuesday (Mar 5), as he laid out his ministry’s spending plans for the year.
About 10,000 homes will be built in the new Yishun estate of Chencharu, situated near Khatib MRT station.
At least 80 per cent will be public housing, with the first Build-to-Order (BTO) project – comprising 1,200 units of two-room Flexi to five-room flats – to be launched in June, said the Ministry of National Development and the Housing and Development Board in a press release.
Other projects in the area will be progressively launched in the coming years.
Chencharu was first identified as a new housing area by the Urban Redevelopment Authority (URA) in June 2022. Two tenants in that area, including the Orto leisure park which housed prawning and longkang fishing ponds, vacated their premises last June to make way for redevelopment.
The site will provide “a sizeable supply of new homes”, particularly for those who wish to live near their parents in the area, Mr Lee said.
Future residents in Chencharu will be served by Khatib MRT and other connectivity initiatives.
New recreational, community and commercial facilities will also be built to complement existing facilities at Khatib Central and HomeTeam NS Khatib.
Source: CNA
