Singapore’s Second CBD by the Lake
Jurong Lake District (JLD) is a district of Singapore that is planned to become the country’s second central business district (CBD) by 2040.
It is a 410-hectare new growth area in western Singapore that aims to bring more quality jobs, amenities, and recreational options closer to homes.
It is part of the Urban Redevelopment Authority (URA)'s decentralization efforts to create new commercial activities, amenities, and recreational facilities outside the Central Area of Singapore.
We have high ambitions for the JLD to be a demonstrative site for sustainable living, mixed-use including residential. This being the second CBD in Singapore, it is a very important demonstrative site for us.
JLD is expected to create 100,000 new jobs and 20,000 new homes by 2040, adding to the 1 million residents already in the West Region.
JLD is home to the world’s largest desalination plant, the Tuaspring Desalination Plant, which produces up to 136 million liters of water per day.
The upcoming Tuas Mega Port will consolidate all of Singapore’s port operations in one location and increase its capacity to handle up to 65 million twenty-foot equivalent units (TEUs) of cargo per year by 2040.
Leading companies and institutions like Siemens, Shimano, Bosch Rexroth, Hyundai Motor, A*STAR, Surbana Jurong, and SATS to set up their facilities and operations in the district.
There are a variety of properties for sale and rent, ranging from HDB flats and condominiums to terraced houses and detached houses. Some of the popular properties in JLD include The Centris, Parc Oasis, The Lakeshore, and Lake Grande.
Raffles Marina (a yacht club with a marina, hotel, restaurant, and swimming pool), Jurong Fishery Port (a wholesale fish market open from midnight to 6 am), and Jurong Lake Gardens (a national garden integrating Chinese Garden, Japanese Garden, and Jurong Lake Park) are all part of Jurong Lake District.
Jurong Lake District is promoting a "Car-lite Strategy", aiming to prioritize public transport usage with the goal of eight out of 10 rides in the district being made using public transportation. Furthermore, the proposal for an off-site center for trucks to consolidate deliveries is set to alleviate heavy traffic congestion, addressing a significant concern in the area.
For now, the JLD becomes the gateway to Malaysia. But it will also be the gateway to Asean and the rest of Asia. So physically and symbolically, it's important for countries that have business in the region to have their headquarters at the end point of that network. It's going to be an important selling point.
Enhancing Connectivity in the West
The Jurong Region Line (JRL) is Singapore's seventh MRT line, improving connectivity in the western part of the city. It connects key areas such as the Jurong Industrial Estate, Jurong Innovation District, and Nanyang Technological University.
With 24 stations over a 24 km fully elevated stretch, JRL will bring more alternative travel routes and put 60,000 more households within a 10-minute walk from a station.
Opening in three phases from 2027 to 2029, JRL will be fully automated and driverless, utilizing J151 trains from Hyundai Rotem and a Siemens signaling system. Facilities include a depot at Tengah and a stabling facility at Peng Kang Hill.
Asia’s Leading Advanced Manufacturing Hub in Singapore
Jurong Innovation District (JID) is a visionary project that aims to transform the western part of Singapore into a global hotspot for advanced manufacturing, research, and innovation. JID is expected to create 95,000 jobs and house 32,000 talent by 2028.
It is home to the world's largest desalination plant and the upcoming Tuas Mega Port. Also, JID has attracted many leading local and international companies and institutions to set up their facilities and operations in the district.
It has a variety of properties for sale and rent and is well-connected by public transport. Investing in JID real estate can bring you many benefits, such as high rental demand, capital appreciation, and future growth.
Harnessing Technology for a Better Singapore
Smart Nation is a government initiative to use technology to improve people's lives, businesses, and the public sector.
It has identified five key domains where technology can have a significant impact: transport, home and environment, business productivity, health and enabled aging, and public sector services.
It has launched several strategic national projects and initiatives to facilitate data sharing, support research, and innovation, and foster a vibrant industry and start-up ecosystem.
Tuas Mega Port is a transformative project that consolidates Singapore's port operations into the world's largest container terminal.
It will have the capacity to handle up to 65 million TEUs annually by 2040. The port will leverage automation, digitalization, and sustainability to enhance productivity and competitiveness. Spanning 1,337 hectares, with 66 berths, the port will cost approximately $14.6 billion. It will create 10,000 new jobs and support the development of adjacent business districts.
The port will incorporate sustainable technologies and be connected by public transport, with multiple MRT stations serving the area.
*It's important to note that these are speculative possibilities based on current trends and Singapore's approach to urban development. The actual future of D22 will depend on various factors, including government policies, economic conditions, societal needs, and environmental considerations.