2013 Draft Master Plan offers a good balance between Singapore’s economic and social needs. Sufficient land will continue to be set aside for the various business sectors to expand. The plan aims to set aside land at the Woodlands Regional Centre specifically for small and medium enterprises (SMEs) know as North Coast Innovation Corridor.
Decentralisation will to be a key strategy to provide employment opportunities closer to homes outside the city centre. New commercial and industrial clusters outside the city centre have also been pinned point. Each cluster to have a different industry focus and unique identity. For example the Seletar Aerospace Park and Punggol Creative Cluster.
Holland Village known for its quaint shophouses, restaurants and bars will have its unique character further expanded under the URA’s Draft Master Plan. A new extension is planned to be built in the next two years, and it has also been designated as an identity node. This means that the area’s charm will be conserved and further enhanced.
Singapore must continue to grow and balance on-going challenges like ageing, and the desire to have more green spaces. This Master Plan actually strikes a very good balance between Live, Work and Play – transport connectivity, more greenery and bringing jobs closer to homes.