Breathing new life into forgotten precincts
One such area will be released for sale under the Government Land Sales (GLS) is Kampong Bugis. It will be a put up for sale under the private sector master developer scheme announced by the government in 2017. Under this scheme, the private sector master developer will have the flexibility to plan and develop the entire district in phases. Traditionally, the Singapore Government offers land for sale on a plot-by-plot basis.
With large scale projects like Kampong Bugis, it is crucial that the developer understands and incorporates the needs of investors, home owners and tenants who will work, live and play in and around the area. The developer must keep in mind two key questions: “What is the intended result?” and “For whom?” With a focus on community living and working in the area, the incorporation of communal spaces and social cohesion will be essential in a metropolitan city.
According to the World Bank, amenities such as town squares, waterfronts and well-designed public spaces are critical to the wellbeing and the development of communities and its people, who often do not have spacious homes and gardens to retreat to. Public spaces are the living rooms, gardens and corridors of highly built up urban areas. They serve to extend small living spaces and provide areas for social interaction and economic activities, which improves the development and desirability of a community.