Works are set to begin for the Punggol Waterway, as the Housing Development Board (HDB) has awarded the project to Koh Brothers Building & Civil Engineering Contractor (Pte) Ltd at $144.6 million.
The waterway is a central feature in plans to realise the vision of Punggol as a waterfront town. The Remaking Our Heartland plans were first announced by the Prime Minister at National Day Rally in Aug 2007.
The contract includes the construction of a 2.4km waterway - the first part of the 4.2km waterway to be constructed. The waterway, which will be connected to Sungei Punggol, averages a depth of about 4m and a width which varies from 10m to 85m.
Construction of the waterway is scheduled to begin in February 2009 and complete by the end of 2010.
Residents in Punggol can look forward to enjoying various recreational activities, ranging from water sports to a leisurely walk along the landscaped promenade on both banks of the waterway.
HDB's plans to launch the first sale site at the Town Centre for a mixed commercial and private residential development are also on track. This waterfront site is planned to be launched by 2010/2011.
HDB has launched more than 4,000 flats in Punggol in 2008. By end 2011, there will be about 23,000 completed flats in Punggol.
In the longer term, another 21,000 dwelling units of public and private housing will be built along the waterway for residents to enjoy waterfront housing in Singapore's latest town.
» Punggol, the next big thing?