10/09/2025
URA redraws development plans for upcoming 4,000-home Kampong Bugis precinct
https://www.straitstimes.com/singapore/housing/ura-redraws-development-plans-for-upcoming-4000-home-kampong-bugis-precinct
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URA's Kampong Bugis Transformation
The Urban Redevelopment Authority (URA) is turning the Kampong Bugis area into a new, car-lite, sustainable, and community-centric waterfront precinct.
Here are the key benefits:
Vibrant Waterfront Living: The area will feature new residential developments with lush greenery, public parks, and a transformed Kallang Riverside Park. This creates a highly desirable living environment by the water.
Enhanced Connectivity: The new precinct will have an extensive network of pedestrian and cycling paths that link seamlessly to MRT stations like Kallang and Lavender. This promotes an active, healthy lifestyle and makes it easy to get around without a car.
Lifestyle & Recreational Hub: Plans include a mixed-use lifestyle hub centered around the Old Kallang Airport, with new retail, dining, and recreational spaces. This will inject vibrancy and create a dynamic neighborhood for residents.
How Benefits from this Transformation:
is a new mixed-use development at the former Golden Mile Complex, strategically located near Kampong Bugis.
The URA's plans directly increase the value and appeal of Aurea because:
π Proximity to a New Hotspot: Aurea is right next to this massive transformation.
Residents will enjoy immediate access to all the new amenities, parks, and vibrant lifestyle options without the construction noise and hassle of living inside the development zone.
π Capital Appreciation: The large-scale rejuvenation of a neighboring area, especially a prime waterfront one, significantly boosts the value of surrounding properties. Aurea is well-positioned to see strong capital appreciation as the Kampong Bugis master plan unfolds.
π increased Rental Demand: The creation of a lively, well-connected, and green neighborhood will attract a new pool of tenants, particularly professionals who want a city-fringe home with a relaxed, modern vibe. This could lead to a healthy rental yield for investors.
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URA said that agencies are reviewing plans for the four plots that made up the 8.2ha site previously put on sale. Read more at straitstimes.com. Read more at straitstimes.com.