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Creating a Living Environment of the Future

 

3.52 For Singapore to stand out as a global city, however, we cannot be just an economic marketplace. We must have a living environment that is the best in Asia — a city that exudes our own Singapore brand of diversity and vitality.

3.53 We will remake our city, to create a home that is distinctive and endearing to all Singaporeans. It will be a place where every family feels they own not just their flat, but their neighbourhood; where our elderly lead active lives; and where the young can find a space for every interest and aspiration. We will transform our HDB heartlands, connect them to a more extensive and convenient transport network, and integrate them into a network of parks and waterways that will together represent a quantum leap in our quality of life.

3.54 We will make Singapore a city of gardens and waters, or as PM put it recently, a city of green and blue. The Gardens by the Bay will open in 2010, bringing further activity and vibrancy to the whole area. We will spend about $700 million on these gardens, the next phase of park connectors, and enhancements to existing parks in the coming years.

3.55 We will also make use of our extensive network of water bodies to enhance our living environment, be it in the city where we are converting the Marina Bay into a reservoir, or in the residential heartlands where we are bringing waterfront living to HDB neighbourhoods. In the next five years, the Active-Beautiful-Clean or ABC Waters Programme will cover 28 projects at a cost of about $200 million.

3.56 We will transform Marina Bay into a vibrant live-work-play destination with distinctive architecture, lush greenery, public spaces and a pedestrian promenade that will encircle the entire Bay. Our established city areas like Orchard Road, Bugis and Bras Basah will also be enhanced and refreshed.

3.57 Next, our housing estates. As the Minister for National Development announced last week, we will undertake a systematic and total “urban regeneration” of our housing estates. We will start with the older housing estates in about five years’ time. This will cost us about $1 billion each year in the steady state.

3.58 The makeover of our public housing estates will be done together with the development of our public transport system so that residents can easily and conveniently commute from home to workplaces and commercial nodes all over Singapore. The Circle Line which will open from 2010, plus the new Downtown Line which we will embark on next, will allow commuters to enjoy greater convenience and faster rides. For example, a trip from Bukit Panjang to the city centre which now takes 60 minutes will be shortened to 40 minutes, in other words by one-third.

3.59 Over time, we will also have to cater for a larger population, by expanding our road network. We will have to widen all our existing highways to four lanes. New highways will also be needed. Plans are already being finalised for a Marina Coastal Expressway to serve the new business district and other developments in Marina Bay. In all, over the next 10 to 15 years, we expect to spend at least $20 billion on our land transport infrastructure.

3.60 This is the way we will transform Singapore into a world class city and provide the highest quality of life for our citizens. Modern business centres, choice residences for all Singaporeans, and attractive leisure and recreational amenities at Marina Bay, Orchard Road, Bugis and other central areas. HDB homes nestled in lushly landscaped common areas, fully fitted with elderly-friendly facilities, connected to the rest of Singapore by an efficient road and rail system, and linked into green corridors and waterways. This will be the Singapore of 2020.

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    ANNEXES
      ANNEX A : Budget 2007 Tax Changes
      ANNEX B : CPF Restructuring for Low-wage Workers and Workfare
      ANNEX C : SME Rebate Scheme
      ANNEX D : New Customs and Excise Duties for Beer and Stout
      ANNEX E : Impact of GST Offset Package on Households
      ANNEX F : Budget for FY2006 and FY2007
 
 
 
   
     
 
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