URA revises guideline on proportion of bigger units in non-landed residential developments in Central Area

All recent apartments, condos including residential components of marketable and mixed-use projects will be needed to deliver an at least of 20% of dwelling units (DUs) with a final interior area of at least 70 sq m (753.5 sq ft), according to a URA circular released on Oct 18.

The most up to date guidelines are going to apply to development applications sent to URA from Jan 18, 2023, ahead.

URA has observed a consistent trend in declining DU measurements for enhancements in the Central area, and has recently presented the revised guideline to make certain a great mix of DU measurements inside the Central Area.

Lee Sze Teck, leading analysis director at Huttons, expects slightly larger units later on but sees the total effect on the industry as very little. Most of the plans in the Central Area remain in compliance with this brand-new rule, he indicates. Investors might have less selections of smaller sized units hereafter and also may have to resort to aiming to the resale market, increasing prices of smaller units.

The Central Area spans 11 Planning Areas: Outram, Museum, Newton, River Valley, Singapore River, Marina South, Marina East, Straits View, Rochor, Orchard and even Downtown Core.

As the positioning of the Central Area has actually moved to live, do the job and play, there certainly have been collective efforts to introduce more combined uses in the Central Area to encourage additional live-in population and infuse dynamic.

However, Lee assumes some of the en bloc sites in the Central Area together with the Marina Gardens Lane to be affected by the updated guidelines. Developers might probably re-assess possible bids for en bloc places due to charge factors to consider, affecting the success rate of en bloc sites in the Central Area.

In 2018, URA changed guidelines on maximum permitted number of DUs in non-landed housing projects beyond the Central Area. The highest allowable amount of DUs is obtained by separating the recommended building gross flooring area by 85 sq m. URA says it will continue to keep track of in order to assess the standards periodically, considering variables such as lifestyle changes also infrastructural improvements.

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“The limit of 70 sq m is a reasonable size for small family members, considering the tighter space constraints in the Central Area,” the circular states. URA did not enforce a limit on the entire number of DUs found in the Central Area as latest projects are less likely to place a pressure on neighborhood facilities. On the other hand, property developers are urged to offer a good mix of DU scales to cater to the requirements of all sectors of the industry, including larger households, as well as avoid an overmuch large amount of smaller DUs.

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