Potential BTO at Kallang Basin Swimming Complex, St Wilfred Sport Centre sites likely to be Plus flats: ERA Singapore
At the same time, the St Wilfred Sport Centre is a 10-minute stroll from Boon Keng MRT Terminal. It is located close to St George’s Road, wherein a lot of the existing HDB flats go back to the 1980s, according to Lim.
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He forecasts the future BTO job at the site might feature a mix of two- to four-room apartments. “The neighboring sites have a plot proportion of 2.8, and assuming a the same plot ratio, we might see some high-rise BTO flats, possibly approximately 36 storeys,” he includes.
Locals will have access to a new Sport-in-Precinct facility in neighboring Kolam Ayer, which is set to open at the end of the year. Meanwhile, plans to introduce housing project at the two sites are presently being researched, according to the agencies.
The ideas to close the Kallang Basin and St Wilfred sports centers for redevelopment are reasonable, given that both sites are substantially older compared to other sports facilities, sees Eugene Lim, main executive officer at ERA Singapore. “It makes good sense for the sites to lead the way for far better land usage, especially considered that they are located fairly close to the city centre,” he adds.
Lim thinks that near future Build-to-Order (BTO) projects at the place could be marked as Plus flats due to their distance to town and features. Plus flats have tighter resale constraints compared to Standard classification apartments, consisting of a much longer minimal occupation era of one decade and limitations on renting the flat.
The Kallang Basin ActiveSG Swimming Complex and the St Wilfred ActiveSG Sports Centre are going to discontinue uses permanently in the second part of 2025. On June 13, URA, HDB and Sport Singapore mutually revealed the closing of the facilities upon their lease expiries. The Kallang Basin facility, located on Geylang Bahru Lane, will finalize on Sept 1, and the St Wilfred facility on St Wilfred Road will close on Oct 1.
The Kallang Basin Swimming Complex spot is throughout walking range of Geylang Bahru MRT Terminal and the Geylang Bahru Market and Food Center. Lim marks that a lot of the public real estate blocks in the Geylang Bahru area were constructed in the 1970s, indicating a need for new growths that will certainly renew the location.
