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Ageing buildings in Singapore’s business district get a lifeline


A scheme aimed at rejuvenating Singapore’s central business district by encouraging the conversion of older office buildings into mixed-use developments is to be rolled out.The incentive scheme, which applies to the areas around Anson Road, Cecil Street, Robinson Road, Shenton Way and Tanjong Pagar, will offer the buildings’ owners a higher plot ratio, meaning they can include more units in their new developments.“These buildings’ owners will be motivated to explore the possibilities of…

Source : South China Morning Post
Read more…Ageing buildings in Singapore’s business district get a lifeline

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