The government has announced that it’s redeveloping approximately 3.7 hectares (ha), or 398,265 square feet of land at a brownfield site bounded by Alexandra Road, Prince Charles Crescent and Alexandra Canal for future public housing.
According to a press release from HDB and SLA, when developed, the site will provide about 1,500 flats to meet the different needs of Singaporeans, including young families who want to live near their parents for better mutual care and support.
Situated in the mature estate of Bukit Merah, the site was previously low-rise blocks of public rental flats, including shops and a market. After they were demolished in the 1990s, the site has been earmarked for residential development since 1998.
A brownfield site is usually land or an area which have been previously used for industrial and commercial purposes.
Examples of other such brownfield sites with plans for repurposing for housing include the former Toa Payoh Secondary School, the Keppel Club Golf Course, Jurong Country Club, Raffles Country Club, Marina Bay Golf Course (from 2024) and Orchid Country Club (from 2030).
For the Bukit Merah site, its location along the Alexandra Park Connector would provide residents with the ease of connectivity to the city while the nearby Redhill MRT station is only about a 9 to 10-minute walk away.
It is also located next to Alexandra Primary School and is near Crescent Girls’ School, Gan Eng Seng School and Queenstown Secondary School.
Based on the boundary markers in the plan above, the government will be acquiring the 0.23 ha of land marked blue, which is currently the Alexandra Post Office and SingPost’s tenant.
While SLA and HDB work closely with SingPost and its tenant on the acquisition process, nearby residents will have to wait for news on where they can go for their over-the-counter postal matters whenever development plans start.
At the moment, based on the location and neighbourhood, the potential residential development does not seem to be a PLH or Prime-Location Public Housing site. This, however, does not rule out the potential demand and value of the apartments when they eventually are developed or go on sale.
Notably, the neighbourhood is surrounded by many private condos as well – such as Echelon, Alex Residences, The Crest and Principal Garden. Further north is the Chatsworth Park GCB area, which means these HDB flats will be close to luxurious landed properties at Tanglin Road and Jervois Road.
To the west are the many car showrooms we’ve all become familiar with, and to the east are neighbourhoods around Tiong Bahru, Havelock, Zion Road and more.
Over the past ten years, HDB flats around the Redhill MRT station neighbourhood have seen their average psf price appreciate by 21.37% to about S$725.
We believe once developed, this residential site will be highly prized and in high demand. Considering the intent is to bring young families closer to their parents, this Alexandra Road site is definitely going to be popular with younger home-buyers and is one to watch closely.
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If you found this article helpful, 99.co recommends HDB May 2021 BTO In-Depth Review: Bukit Merah and Ulu Pandan BTO flats in 2021: Prices + What to Expect.
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