URA opens competition to the public to reimagine future use of Paya Lebar Air Base

Source: https://www.edgeprop.sg/amp/property-news/ura-opens-competition-public-reimagine-future-use-paya-lebar-air-base

With the removal of Paya Lebar Air Base and transformation of the region into commercial / residential uses, how will it impact condos like Penrose?

One thing is for sure, once the airbase leaves, the height restriction of buildings in the area will be removed and we can start to see high rise buildings in the vicinity. The land at Penrose will most likely increase plot ratio, making it an ideal en bloc for developers who can then build more units on the same land size.

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