The New Seletar Aerospace located at Jalan Kayu is one of the Master Plans by the local authorities and is built to cater the increase aerospace industries in Singapore. Initial estimates by experts indicate that it will cost around $40 million to develop the land that is approximately around 40 hectares of land. This is in line with the government plans to develop Singapore into a international aviation hub.
The Vales EC by SinghaiYi
In 2006, plans start to emerge to develop Singapore into an aviation hub and concrete plans start to take place with Economic Development Board (EDB) and Jurong Town Coporation (JTC). Due to the geographical location of Singapore, it is noted that the city state has a strong potential in its aerospace industry and hence plans were included quickly to accurate the growth of the aerospace industry.
The Seletar Aerospace will house many giants of the aerospace industry such as Singapore Technologies as well as Jet Aiation Eurocopter. Many other tenants have also express interest in occupying the land including Rolls-Royce plc and it is projected that Seletar Aerospace Hub itself will be home to at least 1,600 new jobs. This will bring more tenant base as well as liven the area of The Vales EC in Sengkang which is near to Seletar Aerospace.
The Vales Seletar
Moreover, the Sengkang area has further develop with the new Seletar Aerospace Flyover that has opened on 16 May and this will enable drivers to drive directly into Central Expressway (CTE) as well as Tampines Expressway. Residents living in The Vales EC can expect direct connections via the expressways to other parts of Singapore and thus connectivity has increased for the Sengkang area.
There are also plans to built more flyovers across the TPE to support developments in the Seletar Aerospace