River Valley Singapore is a newly developed neighbourhood in the country’s top most economic and commercial centre. Situated on the northern end of the Singapore River, the area is fully accessible by car and bus. The area has seen a rapid influx of development in recent years. As a result, some of the older areas have lost their charm and character and some areas have emerged as new favourite hotspots. This development has been spurred by the government’s focus on turning the region into an international standard city. In doing so, they hope to improve the overall quality of life in Singapore. Canninghill Piers will just be a short walk away from River Valley Road and therefore is near to all the vibrant shopping centres.
The River Valley plan covers a full range of areas across the four communities of the River Valley. The plan has four distinct phases, each with its own focus. The first phase focuses on making the River Valley a more attractive place to live. This involves major residential and business developments being built in the areas, as well as major improvements to flood prevention. Other areas of focus will include a new Singapore Medical Centre and Singapore University.
The second phase of the development plan looks at how to make the River Valley more functional. This involves improvements to the sewer system and the drainage system as well as making the area more environmentally friendly. A light rail system will also be established to allow people to get around the area easily. A third phase will look into creating public recreational spaces in the area.
Within these projects, there will also be a focus on housing more residents. Currently, only two-thousand residents live in this urban centre. The project will aim to raise this to five thousand residents by the time the project ends in 2032. An increase in the number of rental apartments is also included in this plan.
The third phase of development looks at enhancing the lifestyle of residents. It does this through an effort to make the River Valley a more appealing place to residents. This includes a focus on creating walking and transit links between all areas of the area. Developments also include plans for more recreation options such as water sports and other sports facilities. Finally, there is also a plan to have retail shops and other amenities to help residents of the area.
The fourth phase of the plan includes improving the area’s infrastructure. This includes having better public transportation links and adding more park lands to the area. There are also plans to improve the area’s sewage system. As well, there is a plan to convert a section of the central business district into a mixed-use commercial space. Finally, the drainage system of the area will be improved. This will help reduce flood damage to the area and make the residents more comfortable.
The project will continue even after the completion of the first phase. Ongoing planning efforts include looking at ways of financing the project. Various options are being looked at, including borrowing money from banks and other financial institutions and looking into the possibility of developing a public-private partnership. This last option involves turning unused land in the area into an affordable housing development. A number of private developers are also looking into developing the property as a rental property.
River Valley is one of the most liveable places in the world for residents. The River Valley Master Plan is designed to help residents benefit from the investment they made in the area. It is also one of the most planned developments in the entire country. River Valley residents are looking forward to the benefits the master plan will bring. They hope that the project can promote a sense of community and encourage people to move to the area.