Singapore’s urban landscape is set for significant change. Under the Draft Master Plan 2025, three sizeable golf club sites and five plots within the Buona Vista business park precinct have been rezoned for residential use.
This strategic move aims to unlock valuable land resources, diversify housing supply, and create vibrant, integrated communities. In particular, the transition from underutilised business parks to residential developments echoes Singapore’s broader push towards work-live-play precincts — a vision already taking shape around Singapore Science Park.
What This Means for Agents
While the rezoning is exciting news, it’s crucial to manage clients’ expectations. Large-scale urban transformations take time. New housing supply, supporting infrastructure, and neighbourhood amenities will roll out gradually. As such, the impact on property values and transaction volumes will likely become more evident only in the medium to long term.
Agent Tip:
Target Long-Term Investors
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Encourage clients with a 10-15 year horizon to consider these evolving areas. Early entry could mean capitalising on potential upside when transformation plans materialise.
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Guide Short-Term Buyers to Established Areas
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For clients aiming for returns or lifestyle benefits within the next five years, steer them towards more mature private or public housing enclaves where growth drivers — such as transport connectivity, amenities, and price trends — are already clear and measurable.
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Keeping abreast of urban planning updates like the Draft Master Plan is a powerful way for agents to provide strategic advice and position themselves as trusted advisors in an evolving market.
