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Real Estate Realities by Ku Swee Yong

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4.

Housing the growing masses

 

22 February 2013, TODAY

I salute all involved in producing the Population White Paper and the URA land use plan for 2030. Anyone in and around the research business will appreciate the complexity of the data and the gargantuan effort involved. Beyond analysing historical data, forward projections were made based on a desire for economic growth to arrive at the theoretical, or what is now considered the worst case scenario, of having a population of 6.9 million people.

Based on that population count, budgets and resources can then be allocated. The primary resource is land and on this land that is slowly expanding in size, capacity plans for utilities such as water, transport, oxygen-generating green spaces ...

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