In what would be a first for land-scarce Singapore, industrial landlord JTC is exploring the possibility of erecting buildings, walkways and communal spaces above major roads. This could be cheaper than going underground, it says of the unprecedented idea to intensify land usage. The landlord might also step up efforts to redevelop older industrial estates by taking back land when 30-year leases are up.
These moves are part of plans to ensure the best use of Singapore's scarce space, said JTC chief executive Png Cheong Boon. While heavy industries are probably out of the question, the statutory board is looking into erecting offices, light industries and walkways above major roads and expressways.
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