Central Business District
For years, Singapore Central Business District (CBD) stretches from Tanjong Pagar to Raffles Place. In recent years, URA has introduced a new segment known as the Downtown Core to support the growing business activities in the region. Downtown core sits on the southern end, where Marina Bay area is, to redevelop with superb infrastructure and world-class entertainment and cultural facilities for both quality living and working habitat.
URA has granted an increase to the existing CBD’s gross plot ratio and push for existing office development to residential and hotel uses. URA is also creating public spaces like the pedestrian walkways and cycling paths to the CDB area. This is to bring more people to leave near to amenities and workplaces and Avenue South Residences is gaining from this change.