The Pines club may be redeveloped next year
Well known country club The Pines may be redeveloped as early as next year.
And in two to three years' time, a condominium could rise up in its place, with the club's facilities integrated on site, analysts said.
An application to re-zone the club, which sits on prime land in Stevens Road, was recently submitted to the Urban Redevelopment Authority.
But plans to redevelop the 400,000 sq ft club have in fact been made, according to a notice posted on the club's website.
Other construction projects are also planned for the freehold site, though this will depend on government approval and business viability, the notice said.
Other construction projects are also planned for the freehold site, though this will depend on government approval and business viability, the notice said.
Property analysts, however, said the project could mean two things - it could retain its status quo as a country club.
Or, the club, currently zoned for sports and recreation use, could be turned into a mixed development - meaning the private club could be housed with a condo or office space.
Condos near The Pines have fetched handsome prices this year. This ranged from $1,515 per sq ft (psf) for Chelsea Gardens, to $2,433 psf for a unit at Three Balmoral.
Source: The Straits Times – 6 September 2012