This is some blog description about this site
Greater Southern Waterfront, Holland V & Kampong Bugis are set for transformation
In a nutshell, the URA Draft Master Plan 2013 revealed that a new waterfront city is to be developed on Singapore’s southern coastline, an eco-friendly district will take shape next to Marina Bay, and both Holland Village and Kampong Bugis will be extended to yield close to 5,000 homes. In total, enough land has been earmarked to yield 500,000 homes, mostly public housing.
Development of the 18 ha of land may begin after 2016
Located at the convergence of two major waterways - Rochor Canal and Kallang River - the area has also been identified as a pilot area for a high-density, water-sustainable precinct. This means developments there will incorporate effective stormwater management and urban design features such as vegetated swales, bio-retention basins and detention ponds to manage rainwater runoff.
Development of the 18 hectares of land in Kampong Bugis may begin after 2016. Of this area, about 80 per cent will be given over to about 4,000 units of private housing.
Draft Master Plan 2013 focuses on more housing options and green spaces, quality jobs near homes
People will go to work, not just in the Central Business District, but also in new commercial areas such as the Woodlands Regional Centre, where 100,000 jobs will eventually be created.