The transformation of Tanglin Halt estate in Queenstown, Singapore is set to bring significant change to the area. Tanglin Halt estate, which currently stands as one of Singapore’s oldest public housing estates, will be redeveloped into a new integrated development. It will bring a vast range of facilities for residents and those who work and visit the area to take advantage of.
Senior Minister of State, Ministry of National Development and Ministry of Communications and Information Tan Kiat How announced the development plans on Oct 19 at the HDB Professional Engagement and Knowledge-sharing (PEAK) Forum. The new integrated development will be completed in two phases and is located at the former Tanglin Halt Neighbourhood Centre site. It will include a hawker centre, market, polyclinic and up to 5,500 new residential flats.
Huttons Asia’s senior director of data analytics, Lee Sze Teck, sees the development as an exciting new landmark for the area. “It is nice to note that some elements of the old food centre and market will be incorporated into the new development.” Lee believes the residential flats could reach up to 40 storeys and could be comprised of two-room flexi to four-room units. He estimates prices could range from $550,000 to $720,000 for a four-room flat.
Wong Siew Ying, head of research and content at PropNex, observed that the Tanglin Halt Cascadia project, which was the first to launch for sale this month, drew in a moderate response with an application rate of 1.23 times and a range of prices before grants from $364,000 to $702,000. Wong further notes that the integrated development could naturally draw more enthusiastic reactions from buyers and the price range may be slightly higher due to the nearby facilities onsite.
With this new program, residents of Champions Way Condo can appreciate the area’s art, as well as the shops, cafes, galleries, and other exciting spaces throughout the neighborhood. This public art program will be sure to attract more people to the Woodlands area, as it celebrates both the present and the past.
Lee expects more flats, along with a variety of commercial amenities and social/communal facilities, will be released for sale next year. This will also lead to heightened interest in surrounding areas such as Commonwealth View, and could lead to more million dollar flats in the area.
The transformation of Tanglin Halt estate is set to bring greater vibrancy to Queenstown, along with much needed commercial and residential space for those living and working in the area. With its prime location and nearby amenities, the integrated development could be an attractive option for buyers when it is launched.