SINGAPORE: Yishun will soon have a new integrated development.
It will boast an air-conditioned bus interchange, residences,
commercial retail spaces and the first community club in a
mall.
This is part of the Housing and Development Board's (HDB)
Remaking Our Heartland Programme for the town.
The site has been put up for tender by the HDB.
Resident Nicky Singh said: "I've been staying here for so many
years, and now it's upgrading here. I feel very proud of it."
The plan was announced by Foreign Affairs Minister K Shanmugam,
who is also MP for Nee Soon GRC, at the launch of the "Transforming
Yishun: Rejuvenating the Town Centre" exhibition on Friday.
Mr Shanmugam said: " As I said, it will make facilities more
accessible, new eateries, new places for people to go to, new
facilities. And I think people will also work out, it is going to
increase the value of their own properties."
This is the fourth integrated development with a bus interchange
by HDB, and it will also be the largest.
HDB said the tender will close in September, and the project is
expected to be completed the latest by 2020.
Ang Hak Seng, chief executive director of the People’s
Association, said: "Our cost fee (for the new community club) will
remain the same and will remain affordable for residents. We are
able to achieve the cost-effective cost fee because of the volume
and also because of the synergy with commercial space."
Proposals to rejuvenate Yishun began in 2007. Several projects
have been completed or are underway.
Projects include a 15.5-kilometre cycling path, of which the
first phase spanning 1.7 kilometres was completed in March
2011.
The second phase links up the remaining part of Yishun and is
slated for completion in 2015.
- CNA