The Government has launched a land parcel in Woodlands Regional Centre for sale by public tender. This is the first sale site in the area since detailed plans for Woodlands were announced last month as part of the draft master plan 2013.
The land parcel at Woodlands Square is located in the heart of Woodlands Central and is within walking distance from the Woodlands MRT Station.
Existing developments in this district include the Woodlands Civic Centre and Causeway Point.
In line with the plan for Woodlands Regional Centre to be developed as a major employment centre in the north of Singapore, the proposed development on the sale site must have at least 90 per cent or 58,492 square metres (sqm) of total gross floor area dedicated for office use, the Urban Redevelopment Authority (URA) said in a statement.
The remaining space can be set aside for complementary uses such as childcare centre, retail and food and beverage uses.
An extensive pedestrian network has also been planned to connect the sale site seamlessly to Causeway Point, the Woodlands Civic Centre, the existing MRT station and bus interchange, and the future Thomson Line MRT station in the vicinity.
Envisioned as the Northern Gateway to Singapore, Woodlands Regional Centre will be transformed into a vibrant live-work-play precinct, said the URA.
It will have a bustling commercial centre, with a mix of office, retail and attractive public spaces.
Woodlands Regional Centre consists of two distinctive districts - Woodlands Central and Woodlands North Coast.
With about 100 hectares of land available for development, Woodlands Regional Centre can potentially yield 700,000 sqm of commercial floor space.
This will anchor it as the key commercial cluster in the northern part of Singapore and an attractive business hub for companies that do not need a Central Business District location, the URA noted.
When fully developed over the next 10 to 15 years, the regional centre will also bring some 100,000 new jobs closer to homes, reducing commuting time for Singaporeans and easing traffic congestion during peak hours, it added.