Policy before and after · Planning

Event

Singapore introduces the CBD Incentive and Strategic Development Incentive schemes and announces the end of the Bonus Plot Ratio scheme

Announced 27 March 2019 · Effective 27 March 2019

Read the full event record Compare with another policy Create research brief View CBD Incentive Scheme: intensification cap policy evolution

Comparison window

Comparison anchored to effective date: 27 March 2019. Before: 27 March 2018 to 26 March 2019. After: 27 March 2019 to 25 March 2020. The same 365 days on each side; the anchor day counts as after.

Before · 27 Mar 2018 to 26 Mar 2019

14 land-sales awards

38 land-sales steps in all
1 other archive event

The event

Announced 27 Mar 2019

Effective 27 Mar 2019

The effective date is the anchor.

After · 27 Mar 2019 to 25 Mar 2020

12 land-sales awards

33 land-sales steps in all
All 365 days observable

What this comparison can and cannot show

Generated from this window's records

Recorded

6 policy parameters recorded with a before and an after value on this event.
14 land-sales awards in the 365 days before the effective date, and 12 in the 365 observable days after.
No market series is mapped to this kind of event.

Cannot be concluded

That this event moved any figure on this page. The comparison is by date; nothing here is attributed to the event.
A reading of the concurrent land sales and events as responses to this one. They are listed by date alone.

About this eventIssuing authority, category, affected market, primary source, summary

Announced: 27 March 2019
Effective: 27 March 2019
Issuing authority: Urban Redevelopment Authority
Category: Planning
Affected market: Existing developments at least 20 years old from the date of last TOP, subject to each scheme's exemptions. Under the CBD Incentive Scheme, predominantly office developments in selected parts of Anson, Cecil Street, and Robinson Road, Shenton Way and Tanjong Pagar that meet a minimum site area. Under the Strategic Development Incentive Scheme, commercial or predominantly commercial mixed-use developments in strategic areas outside the CBD Incentive areas, normally two or more adjacent sites. The Bonus Plot Ratio rescission concerns commercial developments near five designated MRT stations.
Primary source: Circular URA/PB/2019/02-CUDG, Circular Package: Rejuvenation Incentives for Strategic Areas

On 27 March 2019 URA introduced two rejuvenation incentives with the Draft Master Plan 2019. The Strategic Development Incentive Scheme, in effect that day, lets owners of older commercial buildings in strategic areas seek deviations from GPR, use and height, judged proposal by proposal with no fixed bonus. The CBD Incentive Scheme, in effect from the Master Plan 2019 gazette, allows office buildings at least 20 years old in parts of Anson, Cecil Street and the Robinson Road area to convert to mixed use with up to 30% more intensity for residential with ground-floor commercial and 25% for other options. URA also said the Bonus Plot Ratio scheme would end with the gazette.

In brief

14 GLS site awards were recorded in the before window and 12 in the after window.

What changed

Policy parameter	Before	After	Change
CBDI_INTENSIFICATION_CAP · Anson and Cecil Street, Residential with Commercial at 1st storey	Unknown	30%	Not stated
CBDI_INTENSIFICATION_CAP · Anson and Cecil Street, Commercial and Residential	Unknown	25%	Not stated
CBDI_INTENSIFICATION_CAP · Anson and Cecil Street, Hotel	Unknown	25%	Not stated
CBDI_INTENSIFICATION_CAP · Robinson Road, Shenton Way and Tanjong Pagar, Commercial with 40% non-commercial uses	Unknown	25%	Not stated
CBDI_INTENSIFICATION_CAP · Robinson Road, Shenton Way and Tanjong Pagar, Commercial and Residential	Unknown	25%	Not stated
CBDI_INTENSIFICATION_CAP · Robinson Road, Shenton Way and Tanjong Pagar, Hotel	Unknown	25%	Not stated

Where these values come from

Source: Recorded on this event's policy matrix in Prevo's archive. The event's primary source: Circular URA/PB/2019/02-CUDG, Circular Package: Rejuvenation Incentives for Strategic Areas.
Primary source published: 27 March 2019
Validity: In force from the event's effective date, 27 March 2019. The row records no date of its own; the date is the event's.
Basis: Archive record. The matrix row carries no source reference of its own; the event's sources are listed below.

Observed around this event

View linked outcomes

The same statistic over the 365 days before and after the anchor. Figures describe what was recorded in each window; they do not attribute a change to this event.

No observed series is mapped to this kind of event, so only the policy changes and the concurrent context are shown.

Concurrent planning and land activity

Land sales and other archive events dated inside the windows, listed by date only. Each land-sales line shows the site as the record stood on that day.

Before the effective date

39 lines

38 land-sales steps (14 awards) · 1 archive event

From the effective date

36 lines

33 land-sales steps (12 awards) · 3 archive events

Explore concurrent events

Before (39)

26 April 2018 · Land sales
Cuscaden Road: Tender closed
Residential · status on 26 April 2018: Tender closed, award pending
26 April 2018 · Land sales
Mattar Road: Tender closed
Residential · status on 26 April 2018: Tender closed, award pending
26 April 2018 · Land sales
Silat Avenue: Tender closed
Residential & Residential with Commercial at 1st Storey · status on 26 April 2018: Tender closed, award pending
3 May 2018 · Land sales
Hillview Rise: Tender closed
Residential · status on 3 May 2018: Tender closed, award pending
16 May 2018 · Land sales
Holland Road: Awarded
Commercial & Residential · status on 16 May 2018: Awarded · awarded to Stirling Land Holdings Pte. Ltd., Stirling View Pte. Ltd. (as Trustee of Commons SR Trust) and Stirling Property Pte. Ltd. (as Trustee of Commons Commercial Trust) at S$1,213,333,000
17 May 2018 · Land sales
Cuscaden Road: Awarded
Residential · status on 17 May 2018: Awarded · awarded to Amberden Pte Ltd, FEC Properties Pte Ltd and Orchard Square Pte. Ltd. at S$410,000,000
17 May 2018 · Land sales
Mattar Road: Awarded
Residential · status on 17 May 2018: Awarded · awarded to FSKH Development Pte Ltd at S$223,019,000
17 May 2018 · Land sales
Silat Avenue: Awarded
Residential & Residential with Commercial at 1st Storey · status on 17 May 2018: Awarded · awarded to UOL Venture Investments Pte. Ltd., UIC Homes Pte. Ltd. and Kheng Leong Company (Private) Limited at S$1,035,300,000
31 May 2018 · Land sales
Dairy Farm Road: Launched for tender
Residential with commercial at 1st storey · status on 31 May 2018: Tender open
21 June 2018 · Land sales
Sengkang Central: Tender closed
Commercial & Residential · status on 21 June 2018: Tender closed, award pending
28 June 2018 · Land sales
Canberra Link: Launched for tender
Executive Condominium housing · status on 28 June 2018: Tender open
28 June 2018 · Land sales
Jalan Jurong Kechil: Launched for tender
Residential · status on 28 June 2018: Tender open
3 July 2018 · Land sales
Hillview Rise: Awarded
Residential · status on 3 July 2018: Awarded · awarded to Intrepid Investments Pte. Ltd. and Garden Estates (Pte) Limited at S$460,000,000
5 July 2018 · Archive event
Singapore raises ABSD by 5 to 10 points and tightens LTV limits
Announced 5 July 2018
10 August 2018 · Land sales
Anchorvale Crescent: Launched for tender
Executive Condominium housing · status on 10 August 2018: Tender open
16 August 2018 · Land sales
Sengkang Central: Awarded
Commercial & Residential · status on 16 August 2018: Awarded · awarded to Siena Residential Development Pte. Ltd. and Siena Trustee Pte. Ltd. (as Trustee-Manager of Siena Commercial Trust) at S$777,777,777
27 August 2018 · Land sales
Pasir Ris Drive 3 / Pasir Ris Drive 8 / Pasir Ris Central: Launched for tender
Mixed commercial and residential · status on 27 August 2018: Tender open
4 September 2018 · Land sales
Canberra Link: Tender closed
Executive Condominium housing · status on 4 September 2018: Tender closed, award pending
4 September 2018 · Land sales
Dairy Farm Road: Tender closed
Residential with commercial at 1st storey · status on 4 September 2018: Tender closed, award pending
4 September 2018 · Land sales
Jalan Jurong Kechil: Tender closed
Residential · status on 4 September 2018: Tender closed, award pending
7 September 2018 · Land sales
Dairy Farm Road: Awarded
Residential with commercial at 1st storey · status on 7 September 2018: Awarded · awarded to UED Residential Pte. Ltd at S$368,800,001
7 September 2018 · Land sales
Jalan Jurong Kechil: Awarded
Residential · status on 7 September 2018: Awarded · awarded to COHL Singapore Pte. Limited and CSC Land Group (Singapore) Pte. Ltd. at S$215,000,000
10 September 2018 · Land sales
Canberra Link: Awarded
Executive Condominium housing · status on 10 September 2018: Awarded · awarded to Hoi Hup Realty Pte Ltd and Sunway Developments Pte Ltd at S$271,000,000
14 September 2018 · Land sales
Anchorvale Crescent: Tender closed
Executive Condominium housing · status on 14 September 2018: Tender closed, award pending
27 September 2018 · Land sales
Anchorvale Crescent: Awarded
Executive Condominium housing · status on 27 September 2018: Awarded · awarded to Evia Real Estate (8) Pte Ltd & Gamuda (Singapore) Pte Ltd at S$318,888,899
27 September 2018 · Land sales
Club Street: Launched for tender
Hotel · status on 27 September 2018: Tender open
31 October 2018 · Land sales
Tampines Avenue 10: Launched for tender
Executive Condominium housing · status on 31 October 2018: Tender open
31 October 2018 · Land sales
Kampong Java Road: Launched for tender
Residential · status on 31 October 2018: Tender open
30 November 2018 · Land sales
Sims Drive: Launched for tender
Residential · status on 30 November 2018: Tender open
30 November 2018 · Land sales
Middle Road: Launched for tender
Residential with Commercial at 1st Storey · status on 30 November 2018: Tender open
14 December 2018 · Land sales
Pasir Ris Drive 3 / Pasir Ris Drive 8 / Pasir Ris Central: Tender closed
Mixed commercial and residential · status on 14 December 2018: Tender closed, award pending
15 January 2019 · Land sales
Tampines Avenue 10: Tender closed
Executive Condominium housing · status on 15 January 2019: Tender closed, award pending
15 January 2019 · Land sales
Kampong Java Road: Tender closed
Residential · status on 15 January 2019: Tender closed, award pending
15 January 2019 · Land sales
Club Street: Tender closed
Hotel · status on 15 January 2019: Tender closed, award pending
21 January 2019 · Land sales
Kampong Java Road: Awarded
Residential · status on 21 January 2019: Awarded · awarded to CELH Development Pte. Ltd. at S$418,380,000
21 January 2019 · Land sales
Club Street: Awarded
Hotel · status on 21 January 2019: Awarded · awarded to Midtown Development Pte Ltd at S$562,200,000
22 January 2019 · Land sales
Tampines Avenue 10: Awarded
Executive Condominium housing · status on 22 January 2019: Awarded · awarded to Hoi Hup Realty Pte Ltd and Sunway Developments Pte Ltd at S$434,450,000
28 February 2019 · Land sales
Clementi Avenue 1: Launched for tender
Residential · status on 28 February 2019: Tender open
22 March 2019 · Land sales
Pasir Ris Drive 3 / Pasir Ris Drive 8 / Pasir Ris Central: Awarded
Mixed commercial and residential · status on 22 March 2019: Awarded · awarded to Phoenix Residential Pte. Ltd. & Phoenix Commercial Pte. Ltd. at S$700,000,000

After (36)

28 March 2019 · Land sales
Sims Drive: Tender closed
Residential · status on 28 March 2019: Tender closed, award pending
28 March 2019 · Land sales
Middle Road: Tender closed
Residential with Commercial at 1st Storey · status on 28 March 2019: Tender closed, award pending
29 March 2019 · Land sales
Tan Quee Lan Street: Launched for tender
Residential with Commercial at 1st Storey · status on 29 March 2019: Tender open
5 April 2019 · Land sales
Sims Drive: Awarded
Residential · status on 5 April 2019: Awarded · awarded to Intrepid Investments Pte. Ltd. and CDL Constellation Pte. Ltd. at S$383,529,936
5 April 2019 · Land sales
Middle Road: Awarded
Residential with Commercial at 1st Storey · status on 5 April 2019: Awarded · awarded to Wingcharm Investment Pte. Ltd. at S$491,999,999
16 May 2019 · Land sales
Canberra Link: Launched for tender
Executive Condominium housing · status on 16 May 2019: Tender open
30 May 2019 · Land sales
Bernam Street: Launched for tender
Residential with Commercial at 1st Storey · status on 30 May 2019: Tender open
27 June 2019 · Land sales
one-north Gateway: Launched for tender
Residential with Commercial at 1st Storey · status on 27 June 2019: Tender open
3 July 2019 · Land sales
Canberra Link: Tender closed
Executive Condominium housing · status on 3 July 2019: Tender closed, award pending
3 July 2019 · Land sales
Clementi Avenue 1: Tender closed
Residential · status on 3 July 2019: Tender closed, award pending
9 July 2019 · Land sales
Clementi Avenue 1: Awarded
Residential · status on 9 July 2019: Awarded · awarded to UOL Venture Investments Pte. Ltd. and UIC Homes Pte. Ltd. at S$491,300,000
29 August 2019 · Land sales
Jalan Bunga Rampai: Launched for tender
Residential · status on 29 August 2019: Tender open
5 September 2019 · Land sales
Tan Quee Lan Street: Tender closed
Residential with Commercial at 1st Storey · status on 5 September 2019: Tender closed, award pending
5 September 2019 · Land sales
Bernam Street: Tender closed
Residential with Commercial at 1st Storey · status on 5 September 2019: Tender closed, award pending
5 September 2019 · Land sales
one-north Gateway: Tender closed
Residential with Commercial at 1st Storey · status on 5 September 2019: Tender closed, award pending
10 September 2019 · Archive event
Singapore replaces the AHG and SHG with the Enhanced CPF Housing Grant (EHG) and raises HDB income ceilings
Announced 10 September 2019
12 September 2019 · Land sales
Tan Quee Lan Street: Awarded
Residential with Commercial at 1st Storey · status on 12 September 2019: Awarded · awarded to GLL D Pte. Ltd., Intrepid Investments Pte. Ltd. and Hong Realty (Private) Limited at S$800,190,000
12 September 2019 · Land sales
Bernam Street: Awarded
Residential with Commercial at 1st Storey · status on 12 September 2019: Awarded · awarded to HY Realty Pte. Ltd. at S$440,900,000
12 September 2019 · Land sales
one-north Gateway: Awarded
Residential with Commercial at 1st Storey · status on 12 September 2019: Awarded · awarded to TID Residential Pte. Ltd. at S$155,738,074
11 October 2019 · Land sales
Canberra Link: Awarded
Executive Condominium housing · status on 11 October 2019: Awarded · awarded to MCC Land (Singapore) Pte Ltd at S$233,890,000
31 October 2019 · Land sales
Irwell Bank Road: Launched for tender
Residential · status on 31 October 2019: Tender open
27 November 2019 · Planning
Singapore gazettes Master Plan 2019, concluding the review of the draft plan exhibited from March 2019
Announced 27 November 2019
28 November 2019 · Land sales
Canberra Drive (Parcel A): Launched for tender
Residential · status on 28 November 2019: Tender open
28 November 2019 · Land sales
Canberra Drive (Parcel B): Launched for tender
Residential · status on 28 November 2019: Tender open
30 December 2019 · Land sales
Fernvale Lane: Launched for tender
Executive Condominium housing · status on 30 December 2019: Tender open
9 January 2020 · Land sales
Irwell Bank Road: Tender closed
Residential · status on 9 January 2020: Tender closed, award pending
9 January 2020 · Land sales
Jalan Bunga Rampai: Tender closed
Residential · status on 9 January 2020: Tender closed, award pending
14 January 2020 · Land sales
Irwell Bank Road: Awarded
Residential · status on 14 January 2020: Awarded · awarded to CDL Perseus Pte. Ltd. at S$583,888,000
14 January 2020 · Land sales
Jalan Bunga Rampai: Awarded
Residential · status on 14 January 2020: Awarded · awarded to Wee Hur Development Pte Ltd at S$93,390,000
6 February 2020 · Archive event
Singapore lets listed housing developers with a substantial connection to Singapore apply for exemption from the QC regime
Announced 6 February 2020
3 March 2020 · Land sales
Fernvale Lane: Tender closed
Executive Condominium housing · status on 3 March 2020: Tender closed, award pending
3 March 2020 · Land sales
Canberra Drive (Parcel A): Tender closed
Residential · status on 3 March 2020: Tender closed, award pending
3 March 2020 · Land sales
Canberra Drive (Parcel B): Tender closed
Residential · status on 3 March 2020: Tender closed, award pending
9 March 2020 · Land sales
Canberra Drive (Parcel A): Awarded
Residential · status on 9 March 2020: Awarded · awarded to Oasis Development Pte. Ltd. at S$129,196,000
9 March 2020 · Land sales
Canberra Drive (Parcel B): Awarded
Residential · status on 9 March 2020: Awarded · awarded to United Venture Development (2020) Pte. Ltd. at S$270,200,000
11 March 2020 · Land sales
Fernvale Lane: Awarded
Executive Condominium housing · status on 11 March 2020: Awarded · awarded to FCL Lodge Pte. Ltd. at S$286,538,000

Recorded relationships

URA tightens the conditions on CBD Incentive and Strategic Development Incentive redevelopments, leaving the incentives unchanged has as its direct predecessor this event.

Methodology5 rules

Comparison anchored to effective date: 27 March 2019. The anchor is the effective date where one is recorded, otherwise the announcement date.
The windows are the same number of days on each side of the anchor, and the anchor day belongs to the after window.
A series counts toward a window only for observation periods wholly inside it, with values as originally recorded, not as later revised.
Where no whole period falls inside a window, no value and no difference is stated; a day no whole period covers is missing, never zero.
Concurrent land sales and archive events are listed by date alone. Nothing on this page is attributed to the event.

Sources

The event's sources (5)

Primary sources5

Circular URA/PB/2019/02-CUDG, Circular Package: Rejuvenation Incentives for Strategic Areas
Urban Redevelopment Authority · Primary source · Published 27 March 2019
Open original source
Circular URA/PB/2019/04-CUDG, Appendix 1-1 to 1-3: CBD Incentive Scheme area sheets (Anson; Cecil Street; Robinson Road, Shenton Way and Tanjong Pagar)
Urban Redevelopment Authority · Primary source · Published 27 March 2019
Open original source
Circular URA/PB/2019/03-CUDG, Rejuvenation Incentives for Strategic Areas: Strategic Development Incentive Scheme
Urban Redevelopment Authority · Primary source · Published 27 March 2019
Open original source
Circular URA/PB/2019/04-CUDG, Rejuvenation Incentives for Strategic Areas: CBD Incentive Scheme
Urban Redevelopment Authority · Primary source · Published 27 March 2019
Open original source
Circular URA/PB/2019/20-PPG, Gazette of Master Plan 2019
Urban Redevelopment Authority · Primary source · Published 27 November 2019
Open original source

Event checked against its primary sources on 27 September 2026. Each claim keeps its own verification status.

Observed series come from the published statistics named on each card. Land-sales lines link to the site record and its releases.