The rising Paya Lebar Central is developing a perfect place to live, work and play, featuring the upcoming residential and commercial developments such as One KM, Paya Lebar Square, and more.
Being part of decentralisation strategy in Government, commercial hubs beyond the City centre have been well established over the past couple of years, it provides nearby job opportunities as well as lessen congestion and traveling times back and forth the city centre.
In Draft Master Plan of 2008, Paya Lebar Central was identified as one of the commercial hubs to be developed, among other areas are Jurong Lake District, Woodlands Regional Centre and Tampines Regional Centre
Paya Lebar Attractions
The future Paya Lebar will offer lots of opportunities for rising businesses having the development of Paya Lebar Central, a newly 12ha sub-regional centre placed at city centre fringe. The futue 5.5 million sq ft area consisting a mix of retail shops, offices and residential developments, will provide more jobs opportunities as well as lifestyle options to residents within the Paya Lebar area.
Furthermore, the Paya Lebar MRT Interchange nearby area has been noted for a newly public plaza. This will serve as a vibrant center for all commuters, residents, shoppers and executives working in the area.
The Paya Lebar Square is located right next to Paya Lebar MRT Interchange, a rare commercial development, standing in a 10 storey high office tower and 3-storey for retail podium. Moreover, the One KM is a 3-storey mall with a unique knowledge-and-education themed, it offers an infinite dining, edutainment and lifestyle options. One KM is situated at Tanjong Katong Road across Paya Lebar MRT Interchange Station.
Whether by public transportation or by bus, car or taxi, Paya Lebar will provide ultimate convenience as the area is well connected via prime expressways such as Pan Island Expressway (PIE) and East Coast Parkway (ECP) and also major roads, including Paya Lebar Road, Changi Road and Sims Avenue.
For public transportation, Paya Lebar MRT Interchange station allows a direct access to stations on both the East West Line and Circle Line.
Development to Consider
GuocoLand presents Sims Urban Oasis, a remarkable 1,024-unit condominium located at the junction of Sims Drive and Aljunied Road, Singapore. According to OrangeTee report referring to URA's latest data, Sims Urban Oasis was the top-selling residential project for February 2015.
Sims Urban Oasis sold a total of 112 units out of the 200 at an average price of $1,397 psf with a take-up rate of 56 %. This is why Sims Urban Oasis is leading for both investors and home buyers. Property experts state that investors are interested to get a spot before it turns into a highly developed activity hub.