{"id":88047,"date":"2018-05-14T10:43:59","date_gmt":"2018-05-14T03:43:59","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/developers-to-provide-ample-carparks-despite-new-rule\/"},"modified":"2018-05-14T11:03:12","modified_gmt":"2018-05-14T04:03:12","slug":"developers-to-provide-ample-carparks-despite-new-rule","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/developers-to-provide-ample-carparks-despite-new-rule\/","title":{"rendered":"Developers to provide ample carparks despite new rule"},"content":{"rendered":"


\nFor high-end condos, developers will need to provide more car parking spaces to cater to homeowners with multiple vehicles.
\nExperts revealed that the government\u2019s new bicycle parking provision standards announced last week is unlikely to reduce the size of car parks in residential and commercial developments, reported the Straits Times.
\n\u201cDevelopers generally follow a one unit to one carpark space ratio. This is unlikely to change, it is standard,\u201d said International Property Advisor CEO Ku Swee Yong, who added that bike parking spaces can be easily incorporated in a project if it\u2019s well designed.
\nMore: Bicycle Parking Spaces Required For All New Developments
\nFor high-end condos, ZACD Group executive director Nicholas Mak noted that regardless of the new requirement, developers need to provide more parking spaces for cars to cater to homeowners with multiple vehicles.
\nEffective last Tuesday, residential, commercial and industrial projects must provide a minimum number of bicycle parking spaces based on their intended use and the zone where they are located.
\nFor instance, residential developments in Zone 1 and 2 must have at least one parking space for bikes for every four units, while those in Zone 3 are required to provide a minimum of one parking space for every six units.
\nFor shops and malls in Zone 1 and 2 with a gross floor area of between 3,000 sq m and 15,000 sq m, they must have at least one parking space for every 200 sq m. Similar properties in Zone 3 need to have a minimum of one bicycle parking space for every 300 sq m.
\n\u201cFor retail spaces like malls, carpark spaces are very important for shoppers. With less, they will be less competitive,\u201d noted Mak.
\n\u201cFor example, VivoCity has over 1,000 spots, but in festive periods they are all filled up. This is indicative of people\u2019s preference for driving to malls in Singapore. Developers will not compromise on this.\u201d
\nFor the latest property news, trends, resources and expert opinions, visit our\u00a0Property News\u00a0page. Home 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…Developers to provide ample carparks despite new rule<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

For high-end condos, developers will need to provide more car parking spaces to cater to...<\/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-88047","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-mU7","jetpack-related-posts":[{"id":87435,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/bicycle-parking-spaces-required-for-all-new-developments\/","url_meta":{"origin":88047,"position":0},"title":"Bicycle parking spaces required for all new developments","date":"May 9, 2018","format":false,"excerpt":"\r Car-lite facilities to be exempted from GFA computation. 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