New URA guidelines call for bigger spaces for homes in non-landed developments in Central Area

by Albert02

New URA guidelines call for bigger spaces for homes in non-landed developments in Central Area

New URA guidelines call for bigger spaces for homes in non-landed developments in Central Area. Developers will need to plan for larger dwellings in non-landed developments in the Central Area commencing in January 2023, when the Urban Redevelopment Authority (URA) implements revised dwelling unit standards. Beginning January 18, 2023, all new flats, condominiums, and residential components of commercial and mixed-use complexes in the Central Space must include a minimum of 20% dwelling units (DUs) with a nett internal space of 70 square metres (sq m). Given the Central Area’s greater space constraints, URA thinks this size to be suited for small families.

“URA has not placed an overall restriction on the number of DUs in the Central Area because it is generally well-served by public transit, with residents relying less on private vehicles.” As a result, according to the URA, “new developments are less likely to overload local infrastructure.” Dwelling unit size limitations have only been enforced to projects outside the Central Area since 2018, when the URA amended guidelines to “prevent the excessive building of shoebox apartments.” Developers must build at least 20% of the DUs in a project with a nett internal size of at least 100 sq m and no less than 20% of the DUs with a nett internal space of less than 50 sq m.

“However, URA has discovered a steady tendency of lowering DU sizes for Central Area projects.” As a result, there is a need to ensure a good mix of DU sizes within the Central Area to complement the planning objective,” URA stated in a circular issued on Tuesday (Oct 18). The URA noted, “URA will continue to evaluate and reassess the criteria on a regular basis, taking into account elements such as lifestyle changes and infrastructure advances.” Analysts stressed the guidelines’ importance in light of upcoming initiatives, particularly the new Greater Southern Waterfront.

These measures will also help to slow the loss of homes in the Central Area, where prices are significantly higher than elsewhere on the island.

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Source:
https://www.businesstimes.com.sg/real-estate/mobile-spotlight/new-ura-guidelines-call-for-bigger-spaces-for-homes-in-non-landed



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