When someone mentions Bugis, you will probably think of the various shopping malls that are littered throughout the area, or the famous Bugis Street, which is packed with numerous stalls that sell an assortment of items. However, Bugis was not always the shopping haven that we have come to know today.
Before the major urban redevelopment in the 1980s that led to several retail complexes springing up around the area, Bugis Street was renowned for its nightly gathering of transvestites and transsexuals, which attracted numerous overseas visitors to grace the locale. However, the construction of Bugis MRT station led to the upheaval and removal of this nightly gathering, marking the end of a unique and colourful era in Singapore’s history.
While the area has lost some of its attraction as a popular tourist destination, Bugis is still hugely popular with Singaporeans, who consider the place a shopping paradise. In a bid to tap on that appeal, and the desire of many Singaporeans to live near the Central Business District (CBD) of Singapore, the Urban Redevelopment Authority (URA) has announced plans to introduce new mixed-used residential areas in Beach Road, Middle Road, and Tan Quee Lan Street.
With new developments planned for the area, in addition to the current amenities, Singaporeans can expect demand for properties in Bugis to continue to rise. If you are also eyeing a property in the estate, it is crucial for you to do your research and ensure the place is suitable for you before selling your home and relocating to a new house. Let us share some of the exciting new development coming up and what Singaporeans can expect should they decide to move to Bugis.
What to expect from Bugis
Given Bugis’s close proximity to the traditional financial hub of Singapore and the new plans announced by the URA, shrewd investors are likely to experience a boon if they possess the foresight to invest in the properties in the area. This is because, in the near future, Bugis is expected to feature a mix of retail shops, offices, residential, and other complementary amenities.
However, it is not just the future development plans that make Bugis such an attractive investment prospect. With the completion of the Downtown Line, commuters now have greater accessibility when travelling around Singapore. Combined with the East-West Line, the estate offers easy access to the rest of the CDB areas, such as Marina Bay, City Hall, and Orchard Road. Not only is Bugis well connected to our rail network, but the site also has direct access to two of Singapore’s major expressway, the Central Expressway (CTE) and East Coast Parkway (ECP). These factors combined make Bugis a strategic transportation hub for many Singaporeans.
Amenities on offer
Convenience is the buzzword for many Singaporeans when they embark on their house hunting, and there are fewer places that offer greater accessibility than Bugis. Residents will find numerous dining, shopping, and entertainment options at their fingertips, with several shopping centers, such as Bugis Junction, Bugis+, and Suntec City, only a stone’s throw away from where they stay. Those looking for cheaper food options can head down to one of the numerous nearby food centers, such as North Bridge Road Market and Food Center, Berseh Food Center, and Albert Center.
Couples with children will be delighted with the wealth of educational options. With various primary schools, such as Stamford Primary School, Farrer Park Primary School, and St Margaret’s Primary School within the vicinity, your kids won’t have to travel far for their studies. Those with artistically inclined children can also find educational institutes well-suited to groom their kid’s talents, such as the School of the Arts (SOTA) and Nanyang Academy of Fine Arts (NAFA), near their homes.
With easy access to the CBD area and the various amenities the area offers, Bugis will appeal to those who place convenience as their top priority when purchasing a new property. If your mind is made up, and you have decided this estate is the ideal place for you to settle down, then you should consider engaging the services of a property agent to assist you with your house-hunting.
At Selling Singapore, we understand our clients have different needs, and we always aim to ensure all your requirements are met. So allow us to guide you in building your dream home in Bugis’s various properties. If you are also looking to sell your condo or home fast to finance your new property, don’t hesitate to contact us at 8157 4855 for a quick catch-up session so we can better understand your needs.