HOMEBUYERS and investors have shown keen interest in integrated developments amid the current property bull market. Most recently, about 86 per cent of the 487 units at Pasir Ris 8, which is next to the Pasir Ris MRT station, was sold in the first week of the project’s launch in July.
What exactly is an integrated or mixed-use development? It is most commonly used to describe a development with residential and commercial components, linked to an MRT station. Sometimes, it may also be connected to a bus interchange. The residential component is usually built on top of the mall.
The concept bears similarities to that of an integrated transport hub (ITH), although the latter does not necessarily include a residential component. The authorities define an ITH as a fully air-conditioned bus interchange that is seamlessly linked to an MRT station and adjoining commercial developments.
source: The Business Times