Orchard Road to be spruced up
SINGAPORE - Singapore’s prime Orchard Road shopping belt will be spruced up in a makeover worth $40 million (US$27.6 million) to enhance its appeal to tourists, the government said on Monday.
Under the makeover, the shopping belt will have improved road and pedestrian mall lighting to complement its tree-lined boulevard, the Singapore Tourism Board (STB) said in a statement.
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October 30th, 2007 at 8:36 am
This is great news for properties along Orchard. A make-over in the area usually bring about renewed excitment around this area. While it may not have direct impact on property prices, it does bring more attention to this area, possibly contributing to ‘perceived’ value of this area.