Jurong could potentially be second CBD


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29/10/2014

The possibility that the future Kuala Lumpur-Singapore High-Speed Rail (HSR) terminus could be sited in Jurong East will position Jurong Lake District as a new gateway to Singapore, and potentially be the country’s second Central Business District (CBD), said Deputy Prime Minister and Minister for Finance Tharman Shanmugaratnam.

The government is currently studying where the future HSR terminus could be located in Singapore, and Jurong East is one of the possible locations.

Speaking at a community event at Jurong Lake on 19 October, Mr Tharman said the government has developed commercial and residential spaces at Jurong Gateway since the 2008 Master Plan.

“Now, we are in a new phase of this transformation that will change the image of Jurong. Jurong Lake Gardens and its surroundings will bring a new face to our Jurong heartlands,” he said.

At the National Day Rally this year, Prime Minister Lee Hsien Loong announced plans for Jurong Lake District and beyond, which also include Jurong Lake Gardens and a new Science Centre, potential for new homes, and better accessibility and connectivity for the public.

Currently, government agencies are working with more than 20 companies and starts-ups to deploy and trial innovative technology in the district.

Viable solutions arising from the trials will be considered for full-scale deployment in other development areas or even overseas.

Picture Source: URA
Source copied from: http://www.propertyguru.com.sg/property-management-news/2014/10/69220/jurong-could-potentially-be-second-cbd