Singapore is popular for its tremendous development rate. Several companies and development agencies have been focusing on the possible developmental programs, which can be initiated in this region. One such popular upcoming development plan is the Paya Lebar central development work into one of a kind commercial hub. It has become one of the main centers of attraction for the buyers due to its proximity close to the city centre and various development works going around for industrial purpose.
In one of the areas, which are, being assessed for development is a huge 3.98 hectare one approved by the government. For a buyer, this region is very important due to the high proximity to major landmarks and fast developments. In the coming time, Paya Lebar region is going to see a huge development with a combination of office, retail and hotel components in the coming time.
In addition, this region is linked with major parts of city as well with the direct link roads like Paya Lebar interchange and MRT station. Easy accessibility, prime location and the opportunities of further development are some of the major aspects inclining buyers towards Paya Lebar region.
Since this region is being developed with an aspiration of one of the major commercial hub in central city part, there are some competitions it is going to face. The region around it mainly in the city centre also has great office retail spaces. However, the low rental cost of this region can actually contribute in attracting crowd towards this area.
