{"id":100096,"date":"2018-10-18T11:57:47","date_gmt":"2018-10-18T04:57:47","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/ura-limits-number-of-private-condos-outside-central-region\/"},"modified":"2018-10-18T12:03:08","modified_gmt":"2018-10-18T05:03:08","slug":"ura-limits-number-of-private-condos-outside-central-region","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/ura-limits-number-of-private-condos-outside-central-region\/","title":{"rendered":"URA limits number of private condos outside central region"},"content":{"rendered":"


\nThe move aims to safeguard the liveability of housing estates in Singapore by reducing the sizes of private condos.
\nThe Urban Redevelopment Authority (URA) changed the formula for determining the maximum number of units that developers can build in new non-landed residential projects outside Singapore\u2019s central region on Wednesday (17 Oct), reported Channel NewsAsia.
\nIt said the move is to \u201csafeguard the liveability\u201d of housing estates by restricting the reduction in sizes of private condos and curtailing the number of shoebox units or small condos.
\nMore: URA To Adjust Guidelines If Developers Build Too Many Shoebox Units
\nIn the Singapore Residential Price Index (SRPI) by the National University of Singapore (NUS), small units are defined as those measuring 506 sq ft or below.
\nCurrently, the maximum number of residential units in a development is attained by dividing the project\u2019s gross floor area (GFA) by 70 sq m. But starting on 17 January 2019, the divisor to be used is 80 sq m.
\nFor nine areas where a large number of homes can negatively impact the local infrastructure, the divisor that needs to be used is 100 sq m. By increasing the divisor, the resulting quotient or the maximum number of homes will be lower.
\nIn particular, the higher rate of 100 sq m will apply to Loyang, Shelford, Balestier, Marine Parade, Pasir Panjang, Kovan-How Sun, Stevens-Chancery, Joo Chiat-Mountbatten and Telok Kurau-Jalan Eunos.
\n\u201cWith the revised guidelines, developers are encouraged to provide a wide range of unit sizes which will cater to the diverse needs of all segments of the market, including larger families,\u201d said URA\u2019s group director for development control, Goh Chin Chin.
\nMeanwhile, the Straits Times reported that the URA will address feedback of buyers struggling to find condos without balconies, in addition to its observation that some projects have excessively large balconies.
\nTo tackle these issues, it will cut the bonus GFA of a project\u2019s private outdoor spaces from 10 percent to 7.0 percent, and limit overall balcony space for each unit to 15 percent of the net internal area.
\nHome buyers looking for\u00a0Singapore Properties\u00a0may like to visit our\u00a0Listings,\u00a0Project Reviews\u00a0and\u00a0Guides.
\n\u00a0
\nRomesh Navaratnarajah, Senior Editor at PropertyGuru, edited this story. To contact him about this or other stories, email\u00a0romesh@propertyguru.com.sg
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…URA limits number of private condos outside central region<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The move aims to safeguard the liveability of housing estates in Singapore by reducing the...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-100096","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-q2s","jetpack-related-posts":[{"id":101456,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/govt-new-ura-rules-dont-impose-a-minimum-size\/","url_meta":{"origin":100096,"position":0},"title":"Govt: New URA rules don\u2019t impose a minimum size","date":"November 20, 2018","format":false,"excerpt":"\r The new URA guidelines do not stipulate a minimum built-up area for private properties and instead imposes higher average sizes. National Development Minister Lawrence Wong explained that new rules announced by the Urban Redevelopment Authority (URA) last month doesn\u2019t set a minimum size for private condos outside Singapore\u2019s central\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":100166,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/some-private-condos-may-become-pricier-due-to-new-ura-rules\/","url_meta":{"origin":100096,"position":1},"title":"Some private condos may become pricier due to new URA rules","date":"October 19, 2018","format":false,"excerpt":"\r URA this week announced that the average unit size at non-landed projects outside the Central region will be increased. A real estate industry body believes that private condos in some parts of Singapore could become more expensive after the government raised the average unit size, reported the Business Times.\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":87014,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/ura-to-adjust-guidelines-if-developers-build-too-many-shoebox-units\/","url_meta":{"origin":100096,"position":2},"title":"URA to adjust guidelines if developers build too many shoebox units","date":"May 3, 2018","format":false,"excerpt":"\r Developers are allowed to build condo units of different sizes, assuming an average size of 753 sq ft. The Urban Redevelopment Authority (URA) said on Wednesday (3 May) that it will intervene, if needed, to prevent property developers from building too many tiny apartments or shoebox units amidst the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":100442,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/developers-may-need-to-rethink-pricing-amidst-new-shoebox-rule\/","url_meta":{"origin":100096,"position":3},"title":"Developers may need to rethink pricing amidst new shoebox rule","date":"October 24, 2018","format":false,"excerpt":"\r New URA rules have slashed the maximum number of units that can be built outside the central areas. The Singapore government\u2019s new policy on apartment sizes may come as good news to home buyers, but not to home builders who may now need a pricing rethink which could dent\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":120388,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shrinking-sizes-of-new-condos\/","url_meta":{"origin":100096,"position":4},"title":"Shrinking sizes of new condos","date":"February 15, 2021","format":false,"excerpt":"\r Shrinking sizes of new condosThe impact of the government\u2019s move in 2018 to reverse the trend of developers constructing more shoebox units is starting to be seen. One such example is Hong Leong Group who commissioned bigger units in their projects such as Penrose.\u00a0 New condominiums in Singapore saw\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2021\/02\/Penrose-facade-crop.jpg?fit=820%2C410&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":100913,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/small-home-resales-hit-10-year-high-in-2017\/","url_meta":{"origin":100096,"position":5},"title":"Small home resales hit 10-year high in 2017","date":"November 5, 2018","format":false,"excerpt":"\r Sales of resale homes measuring from 500 to 800 sq ft hit a 10-year high of 1,466 units in 2017. Sales of small private condos slowly but steadily increased between 2014 and 2017, reported the Business Times, citing newly published research from OrangeTee & Tie. The study found that\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/100096"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=100096"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/100096\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=100096"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=100096"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=100096"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}