ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print

Singapore's new land-use plan boon for many developers

Urban planning agency aims to rejuvenate central office precinct

General view of apartment blocks consisting of private and public housing, in Singapore.   © Reuters

SINGAPORE (Nikkei Markets) -- Singapore will allow owners of older commercial property in the central business district to develop larger ones in their place, boosting both valuations and redevelopment projects and refreshing the area.

Unlike newer office precincts such as Marina Bay, which is home to one of Singapore's two casino-resorts and the 100-hectare Gardens by the Bay, the older parts of the city-state's CBD contain mostly offices and are deserted at night and on weekends.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more