Upcoming Commercial Zone At Northern Singapore

Upcoming commercial zone at northern Singapore will be a reality within 20 years' time focusing on locating Research & Development companies there.

Analysts said the upcoming North Coast Innovation Corridor listed in the latest MND’s Land Use Plan will probably attract the pharmaceutical, electronics and clean energy companies to be located there.

The new commercial belt covers Sembawang, Woodlands, the upcoming Seletar Regional Centre and Punggol. Land that can be used for this commercial belt can be identified from the land plots near to Punggol and Woodlands MRT stations. Current shipyard land at Sembawang could be rezoned for use as waterfront land.

Analyst said that The Seletar Airbase will become an engineering and aerospace hub, with a potential mix use for bioscience or pharmaceutical clusters catering for future demand.

With the collaboration with Iskandar, this upcoming commercial zone will appeal to companies in the Research & Development to complement the labour-intensive industries across the Causeway.

2 Feb 2013