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Its untapped potential is marvelous.
According OrangeTee, in line with the decentralisation strategy announced in Concept Plan 1991 to guard against congestion and over-development in the Central Business District and Marina Bay areas, Woodlands Regional Centre has become the fourth regional centre after Tampines Regional Centre in 1992 and Jurong Lake District and Paya Lebar Central in 2008.
Here's more from OrangeTee:
It will be another key growth area in the north of Singapore. Envisioned as Singapore’s Northern Gateway, Woodlands Regional Centre will incorporate retail, business, residential and lifestyle elements into its two districts – Woodlands Central and Woodlands North Coast.
With over 100 ha of land available for expansion, Woodland will become a vibrant live-work-play precinct set in lush green northern waterfront over the next 10 to 15 years.
We saw vast untapped potential in Woodlands. Being the only regional centre with a coastal waterfront setting, residents in Woodlands can look forward to enjoying the stunning views of the Straits of Johor.
Woodlands has 700,000 m2 of new commercial space and more than 100 ha of development land; it will be well-connected to Malaysia via cross-border rail link.
It meets the needs of SMEs and business who can benefit from the proximity of a major transport node and great convenience with much lower costs than CBD area.
With new transportation network, fresh commercial space and room to grow, we believe that Woodlands Regional
Centre is set to realise its full potential as Singapore’s Northern Gateway.Source: Singapore Business Review 17th April 2014