View Full Version : New Thomson Line
Looks like its gonna be a long long wait. starting from 2019, fully open in 2021.
http://www.todayonline.com/Hotnews/EDC120829-0000099/Thomson-Line-to-fully-open-by-2021
http://imcmsimages.mediacorp.sg/cmsfileserver/showimageCC.aspx?299&450&f=2211&img=2211_592429.jpg (http://imcmsimages.mediacorp.sg/cmsfileserver/showimageCC.aspx?299&450&f=2211&img=2211_592429.jpg)
phantom_opera
29-08-12, 15:34
Pearl Centre will be gone ??
WOW!!!!!!!!!!!!
Thomson line officially launch liao.. how many have huated?
+1 lol
https://fbcdn-sphotos-d-a.akamaihd.net/hphotos-ak-snc7/293014_374270305976545_1094144059_n.jpg
https://fbcdn-sphotos-a-a.akamaihd.net/hphotos-ak-snc7/386979_374272015976374_1783042510_n.jpg
https://fbcdn-sphotos-e-a.akamaihd.net/hphotos-ak-ash4/296577_374271929309716_706953161_n.jpg
https://fbcdn-sphotos-b-a.akamaihd.net/hphotos-ak-snc7/309199_374271855976390_1081163057_n.jpg
https://fbcdn-sphotos-d-a.akamaihd.net/hphotos-ak-ash3/538864_373931579343751_2089057086_n.jpg
http://www.youtube.com/watch?v=GxxOUYbVlfs&feature=youtu.be
phantom_opera
29-08-12, 16:08
another 9y, what is so exciting ?! In 9y property probably has another cycle already
woodlands property huat...
another 9y, what is so exciting ?! In 9y property probably has another cycle already
buy on hype.. sell on news..
so with the confirmation of plans, lidat price going to gap up liao... :p
Looks like not so near meadows@pierce after all. :D
No wonder URA is releasing the plot of land in AMK for sale in Nov, very near Mayflower station. :D
http://www.ura.gov.sg/pr/graphics/2012/Appendix1-CL-10.pdf
Thomson grand buyers happy like bird. Is that the reason why UOL ka kar bid until so heong at the plot behind thomson view...
i doubt prices will appreciate much. Those condos near to TSL and NSL (eg Toa Payoh and Braddell) will huat more as they have dual access yet far enough not to be affected by noise and dust.
Anyway for the whole line to be operational is another 9 years from now...yawnzzz
woodlands property huat...
Missed the boat....
Rosewood suites 3 bedder #02-10 1163sqft $675930 in May 09. :o
Missed the boat....
Rosewood suites 3 bedder #02-10 1163sqft $675930 in May 09. :o
Looking closely it doesn't seem that near to Woodlands South station...which is nearer to the EC La Casa across the road. My guess is maybe 500m away...
Anyway in 2021! Casablanca and Rosewood will be 20+ years by then! :eek:
In the short to medium term, of course there will be inconveniences like all major construction activities. But in the longer term, the convenience of the Thomson Line will be greatly appreciated with direct access to JB, Orchard Rd and Marina South.
Regarding whether there will be capital appreciation, the market will decide. It is small minded to state there will be limited appreciation wholesale.
Looking closely it doesn't seem that near to Woodlands South station...which is nearer to the EC La Casa across the road. My guess is maybe 500m away...
Anyway in 2021! Casablanca and Rosewood will be 20+ years by then! :eek:
is near the sport school wher ppl play kite over there...and also near th the land wher the copter made a emg landing...
It is a hilly land
Got this from Business Times.
Anyone want to guess where the next MRT line going to be?
JLD?
He disclosed that planning for the next set of new MRT lines has also started.
"This will form part of our review of the Land Transport Master Plan. LTA is currently conducting focus group discussions and collecting feedback from the public,'' he said.
McCallum MRT right next to V-Shenton. I think they going to raise the price tomorrow.
http://www.skyscrapercity.com/showpost.php?p=93961455&postcount=3056
All the station alignments are pretty much as expected. I dont see any stations that were out of online expectations.
Champions Way new EC should sell well. Next up is ERL. ERL's impact should be bigger, though my guess is most stations locations shouldnt be too far off online expectations again........
Wild Falcon
29-08-12, 18:13
Not true. Market has factored in the Thomson Line to be completed by 2018. Now looking at this, 2019 only deliver the useless Woodlands station. And the real link to downtown is expected to be completed in 2021. Assuming some delay (like circle line), its gonna complete only in 2023? This is like 10 years later - much later than what market has assumed. I think those who bought are now cussing. Because they thought MRT complete by 2018. And not forgetting during construction, the place will be a mess.
Looking at this, the eastern region line will be more than 10 years liao.
Thomson grand buyers happy like bird. Is that the reason why UOL ka kar bid until so heong at the plot behind thomson view...
Wild Falcon
29-08-12, 18:24
I think our govt very good at managing expectations nowadays. When they say DTL2 completed by 2015 - they mean the entire DTL2. Now when it comes to Thomson Line, their original annoucement was to be completed by 2018 - that was really misleading, because they mean only 3 stations in Woodlands to be complete by 2019? I pity those who invested becos of that MRT line. 3 more wasted years is no joke. End of 2021 is the expected year of completion - don't be misled by the title. And assuming delays, this is gonna take 10 years. and those who want to invest for something that has "potential" 10 years later, think again - esp those 99LH property along the line like Sin Ming area full of 99LH stuff - 10 years is significant for 99LH.
bakasa2002
29-08-12, 18:50
Did the line totally bypass Sembawang???
Seems like there will be some disappointed folks in the Tagore / Sembawang Hills / Meadows@Pierce areas. The TSL makes a detour to Lentor instead before returning to Sembawang Road.
Oh well, we can't all win.. But these people must be disappointed, as there is almost zero possibility of MRT near their properties in the future after the TSL :beats-me-man:
We can also see that the government is really setting up the land parcels around the Caldecott, Bukit Brown and Mt Pleasant Station (ex Police Academy) for big development projects. Haha, more money into their coffers then...
Guesstimate of more detailed locations..
http://img.photobucket.com/albums/v465/keenetic/others/springleafstation.jpg
http://img.photobucket.com/albums/v465/keenetic/others/lentorstation.jpg
http://img.photobucket.com/albums/v465/keenetic/others/mayflowerstation.jpg
http://img.photobucket.com/albums/v465/keenetic/others/Sinmingstation.jpg
http://img.photobucket.com/albums/v465/keenetic/others/UpperThomson.jpg
[quote=proper-t]Guesstimate of more detailed locations..
/quote]
see here for a better guesstimate.
http://www.skyscrapercity.com/showthread.php?t=574137&page=141
also on pg 146.
you can find more detail information from this site
http://www.skyscrapercity.com/showthread.php?t=574137&page=158
Mine is based on what what was presented in press briefing today...
http://img.photobucket.com/albums/v465/keenetic/others/24q1qhd.jpg
Never mind...just found out detailed location released in LTA website
http://www.lta.gov.sg/content/dam/lta/Project/doc/TSL%20-%20Station%20Map.pdf
Never mind...just found out detailed location released in LTA website
http://www.lta.gov.sg/content/dam/lta/Project/doc/TSL%20-%20Station%20Map.pdf
have been waiting for this to appear on the LTA website
have been waiting for this to appear on the LTA website
me waiting for the eastern version...:cool:
Thomson line officially launch liao.. how many have huated?
+1 lol
Actually for existing projects near or at the stations, it will be a 10yr dust and noise and inconvenience... Rental will sure take a hit.. Even for own stay, I think it's better sell on news now...
anyone notice that the stations including the walkway seems super long. eg the mayflower and great world ones are approx 350m long
bargain hunter
29-08-12, 20:49
suddenly u sound bearish. ;)
Actually for existing projects near or at the stations, it will be a 10yr dust and noise and inconvenience... Rental will sure take a hit.. Even for own stay, I think it's better sell on news now...
Actually for existing projects near or at the stations, it will be a 10yr dust and noise and inconvenience... Rental will sure take a hit.. Even for own stay, I think it's better sell on news now...
Pain first, sweetness later.
Provided got holding power and tahan power.
anyone notice that the stations including the walkway seems super long. eg the mayflower and great world ones are approx 350m long
Yah, the stations are like ultra big, walk from 1 end to the other is like a distance of 1 bus stop! :scared-1:
The woodlands station is like 3x the size of the original woodlands station!
When it's finished, theoretically I won't need a car. Can go 2 short bus stops to a TSL station, hop on the MRT, jalan-jalan in JB, Orchard, Marina Bay, it even goes to the doorstep of my work place. ;) TWO bus stops not convenient? It's along a busy main road so it will be really fast. Just hope that the North is not so developed that there's masses of crowds by the time the MRT gets to my stop. :beats-me-man:
When it's finished, theoretically I won't need a car. Can go 2 short bus stops to a TSL station, hop on the MRT, jalan-jalan in JB, Orchard, Marina Bay, it even goes to the doorstep of my work place. ;) TWO bus stops not convenient? It's along a busy main road so it will be really fast. Just hope that the North is not so developed that there's masses of crowds by the time the MRT gets to my stop. :beats-me-man:
Actually ur T800 to the mrt station is 500m walk, around 8-10mins only. :)
After the completion of Thomson line.. there will be 2 NS line.. 1 NE line.. 1 East line.. seems like all concentrating towards the eastern part of S'pore
Gov should consider one circle line.. for the west.
Link from existing Jurong East Interchange.. to Teban Gdn station.. Pandan Gdn station.. Hong Leong Gdn station.. West Coast station.. Clementi woods station.. & link to current Har Par Villa station.
And also a north east coastal line. As of now the portion of the NE line north of serangoon mrt has the worst connectivity to anywhere in Singapore.
...and now it seems like caldecott has one of the best connectivity in the network, as good as bishan. Any idea what will happen to the big empty land around toa payoh rise? :D
Have three condos in the CCR and City Fringe that have at two to three mrt lines to take. It is really amazing.
Wild Falcon
29-08-12, 21:24
No where beats north west in terms of poor connectivity. Even the downtown line just stops abruptly at Bukit Panjang which is like on same lattitude as Ang Mo Kio. The MRT line already eastern skewed (EWL, DTL3, NE, ERL) - 4 lines. Can't imagine another line in the east. Anyway if this TSL is expected to be completed 10 years later, I wont be surprised if ERL will be another 10 years. So DTL completes in 2015, TSL completes 6 years later in 2021, then ERL may only complete in 2027 (2021+6).
Frankly, 10 years is too long a wait. anything could happen in 10 years. Imagine 30 years old wait util 40 years old. Also sian. Priorities would have changed. Haha. Sell on news. This TSL was originally expected to be completed in 2018. This is definitely negative news for those living in the area. Another 3 years delay. I'm surprised it didn't go to Sembawang side. The residents there deserve something....
And also a north east coastal line. As of now the portion of the NE line north of serangoon mrt has the worst connectivity to anywhere in Singapore.
Actually ur T800 to the mrt station is 500m walk, around 8-10mins only. :)
That's my investment prop not the one I bought for own stay. It's a wee bit small for my family.
Yah, the stations are like ultra big, walk from 1 end to the other is like a distance of 1 bus stop! :scared-1:
The woodlands station is like 3x the size of the original woodlands station!
maybe act as a huge bomb shelter.
No where beats north west in terms of poor connectivity. Even the downtown line just stops abruptly at Bukit Panjang which is like on same lattitude as Ang Mo Kio. The MRT line already eastern skewed (EWL, DTL3, NE, ERL) - 4 lines. Can't imagine another line in the east. Anyway if this TSL is expected to be completed 10 years later, I wont be surprised if ERL will be another 10 years. So DTL completes in 2015, TSL completes 6 years later in 2021, then ERL may only complete in 2027 (2021+6).
Frankly, 10 years is too long a wait. anything could happen in 10 years. Imagine 30 years old wait util 40 years old. Also sian. Priorities would have changed. Haha. Sell on news. This TSL was originally expected to be completed in 2018. This is definitely negative news for those living in the area. Another 3 years delay. I'm surprised it didn't go to Sembawang side. The residents there deserve something....
like i mentioned before, i will never buy north west for the same reason of poor connectivity. regardless of MRT or expressways, roads, it is the most difficult to get out of that corner of Singapore.
And also a north east coastal line. As of now the portion of the NE line north of serangoon mrt has the worst connectivity to anywhere in Singapore.
...and now it seems like caldecott has one of the best connectivity in the network, as good as bishan. Any idea what will happen to the big empty land around toa payoh rise? :D
Should be GLS and/or mixed devt. I pointed out some time ago that the plot ratios of the land parcels around there are high-ish. Can have unblocked views of the MacRitchie Reservoir as the area in between is the landed/GCB area. You can check out the URA website.
It's about time they put up some amenities around there.
But it will be messy for some time. Not only TSL but NSE will be constructing. When the dust settles, it will be party time for the developers.
When it's finished, theoretically I won't need a car. Can go 2 short bus stops to a TSL station, hop on the MRT, jalan-jalan in JB, Orchard, Marina Bay, it even goes to the doorstep of my work place. ;) TWO bus stops not convenient? It's along a busy main road so it will be really fast. Just hope that the North is not so developed that there's masses of crowds by the time the MRT gets to my stop. :beats-me-man:
by the time its completed and with the millions u make in property...you will be retired...:D
now just standby kbw studying which sites near upcoming mrt station to start selling to developers....:2cents:
suddenly u sound bearish. ;)
I'm neutral what. Cannot be everything also positive rite ? 10yr is a long time. Rental hit is more or less confirmed, why not sell on news, especially for old projects outskirts ? These 2 yrs px already moved a lot.
Btw now u see why UOL bid high for that land ? He will time the top date to match the line. Sure sell out one.
No where beats north west in terms of poor connectivity. Even the downtown line just stops abruptly at Bukit Panjang which is like on same lattitude as Ang Mo Kio. The MRT line already eastern skewed (EWL, DTL3, NE, ERL) - 4 lines. Can't imagine another line in the east. Anyway if this TSL is expected to be completed 10 years later, I wont be surprised if ERL will be another 10 years. So DTL completes in 2015, TSL completes 6 years later in 2021, then ERL may only complete in 2027 (2021+6).
Frankly, 10 years is too long a wait. anything could happen in 10 years. Imagine 30 years old wait util 40 years old. Also sian. Priorities would have changed. Haha. Sell on news. This TSL was originally expected to be completed in 2018. This is definitely negative news for those living in the area. Another 3 years delay. I'm surprised it didn't go to Sembawang side. The residents there deserve something....
Yah... and if 99LH already has lease cut by 10 yrs...
Pearl's centre has left 55years and got acquired at a lower cost. Reason given was that they are concerned with the safety of the building occupier. They are going to make more than what they give to the residents after the station is completed. This has already happened at the old Macpherson market near potong pasir.
bargain hunter
29-08-12, 22:45
that's confirmed. i think it was already reported that they will amlgamate with state land next door and in future sell to become mixed development.
so prob something like ION Orchard?!
Pearl's centre has left 55years and got acquired at a lower cost. Reason given was that they are concerned with the safety of the building occupier. They are going to make more than what they give to the residents after the station is completed. This has already happened at the old Macpherson market near potong pasir.
bargain hunter
29-08-12, 22:47
cannot wor. they have to complete within 4 years under new rules rite?
that means must TOP 2016 for the site they bot now?
but doesn't matter. 3 years is not that long.
I'm neutral what. Cannot be everything also positive rite ? 10yr is a long time. Rental hit is more or less confirmed, why not sell on news, especially for old projects outskirts ? These 2 yrs px already moved a lot.
Btw now u see why UOL bid high for that land ? He will time the top date to match the line. Sure sell out one.
cannot wor. they have to complete within 4 years under new rules rite?
that means must TOP 2016 for the site they bot now?
but doesn't matter. 3 years is not that long.
2019 is only for Woodlands North to South...
and they can't make use of the entire line which is only fully operational by 2021...they can use the line though by 2020 to travel to Caldecott to change to CCL (which is rather useless)
ah well, if they paid for the view and serenity, now comes along some noise :(
i can just see tommorow straits times headlines...:ashamed1:
In time to come maybe the most expensive homes are found in areas where there are no mrt stations because they are the most quiet and rare in sg. :p
with these type of news and projects coming out...how to drop 50% by 2015....:doh:
PropertyNewbie
29-08-12, 23:57
Calrose
Calrose
Calrose! Huat ah!
PropertyNewbie
30-08-12, 00:04
Pity my friend staying at the Equatorial.
First DTL now this.
Looks like no peace for her until 2020 haha.
Calrose
Calrose
Calrose! Huat ah!
i think some land taken from Calrose for this.
Also construction right at their doorsteps :(
They are already very close to the road.
isnt it sad for the two bungalows? they thought MRT will be built at their door step to know that the MRT will actually be built ON their houses. :doh: :doh: :banghead: :banghead:
i think some land taken from Calrose for this.
Also construction right at their doorsteps :(
Lots of sour grapes around.
Read the news properly. There will not be any land acquired from Calrose. Also the main construction is opposite at Thomson Grove site. There will be an MRT entrance/exit outlet at the side of Calrose.
That's why I was wondering where do they find land to give up when they are that close to the road as it is.
Lots of sour grapes around.
Read the news properly. There will not be any land acquired from Calrose. Also the main construction is opposite at Thomson Grove site. There will be an MRT entrance/exit outlet at the side of Calrose.
No sour grapes at all really. Even if you gave me the chance to buy before MRT announced I wouldn't. :D
But far horizon side got much more land to give up for a small entrance.
2 Robin Close is quite a large bungalow. Unfortunately, it is next to the main road. Never buys landed next to main road. Wonder how much in $psf Mdm Grace Young will be paid?
Congrats to all owners whose properties are close to the stations...huat ah!
2 Robin Close is quite a large bungalow. Unfortunately, it is next to the main road. Never buys landed next to main road. Wonder how much in $psf Mdm Grace Young will be paid?
Yep, quite suay. Even if they pay near mkt, I think its going to be tough to find a replacement of similar size in the same vicinity.
Mount Pleasant's stn is located in the Old Police Academy. There are planning to have lots of PCs there. :cheers1:
Mount Pleasant's stn is located in the Old Police Academy. There are planning to have lots of PCs there. :cheers1:
Mebbe shopping mall? If they release that land then Ka-ching ($$$$) for the gahment.
bargain hunter
30-08-12, 09:22
http://www.sla.gov.sg/htm/new/new14.htm
the land to be acquired are in the link above.
both 133 stevens road and 2 robin close are around 10,000 sq ft each. SCGS also loses almost 10,000 sq ft.
Great World City loses 8800 sq ft and surprisingly, yong an park loses 4,300 sq ft.
Calrose doesn't lose anything.
Pearl's Centre's plot is around 57,000 sq ft.
2 Robin Close is quite a large bungalow. Unfortunately, it is next to the main road. Never buys landed next to main road. Wonder how much in $psf Mdm Grace Young will be paid?
In time to come maybe the most expensive homes are found in areas where there are no mrt stations because they are the most quiet and rare in sg. :p
Well, you may be right. It's good to sell on the hype now. In a span of 10 years, they have announced 3 new lines. So, whilst this Thomson Line is under construction in the next 10 years, probably another 3 or more new lines will be announced. The hype might still be there, but the price differential could be less (between one near MRT and one that is not).
The next line is probably an outer circle line, connecting the estates in a spider web like fashion.
You see some of the stations like Springleaf, Mayflower and Lentor. No reason for them to be so huge now, with exits/entrances that lead to nowhere (like the springleaf station), unless they are built with the prospect of being an interchange for the next circle line and/or more developments at those vacant land around the station.
Are these FH land? $1000+psf?
http://www.sla.gov.sg/htm/new/new14.htm
the land to be acquired are in the link above.
both 133 stevens road and 2 robin close are around 10,000 sq ft each. SCGS also loses almost 10,000 sq ft.
Great World City loses 8800 sq ft and surprisingly, yong an park loses 4,300 sq ft.
Calrose doesn't lose anything.
Pearl's Centre's plot is around 57,000 sq ft.
bargain hunter
30-08-12, 09:45
i m not sure for the 2 bunglows, but the area is traditionally freehold right?
yong an park is freehold.
Are these FH land? $1000+psf?
phantom_opera
30-08-12, 09:46
Last time in Japan, opening of new Shinkasen resulting in property bubble ... but I still think market will be pretty dead due to US/Europe + CMs
bargain hunter
30-08-12, 09:46
definitely a hint that there will be future developments on all those empty lands.
Well, you may be right. It's good to sell on the hype now. In a span of 10 years, they have announced 3 new lines. So, whilst this Thomson Line is under construction in the next 10 years, probably another 3 or more new lines will be announced. The hype might still be there, but the price differential could be less (between one near MRT and one that is not).
The next line is probably an outer circle line, connecting the estates in a spider web like fashion.
You see some of the stations like Springleaf, Mayflower and Lentor. No reason for them to be so huge now, with exits/entrances that lead to nowhere (like the springleaf station), unless they are built with the prospect of being an interchange for the next circle line and/or more developments at those vacant land around the station.
Mount Pleasant station will be pretty near to Bukit Brown and also Caldecott.
Coupled with the construction of the North-South Highway, traffic congestion and noise would be terrible around Thomson Road/PIE junction:doh:
so now proven that 99 or FH also kana chong kong...
propertychap
30-08-12, 09:56
so the condominiums around the balestier side nearer to the thomson rooad will appreciate with the Mount Pleasant station? The station is near CJC right?
so the condominiums around the balestier side nearer to the thomson rooad will appreciate with the Mount Pleasant station? The station is near CJC right?
Well, yesterday, one analyst on CNA said 10% up on announcement, 5% down during construction and 50% up on completion.
No wonder one dusun sold out within 2 days...:scared-5:
propertychap
30-08-12, 10:02
Is one dusun near to mount pleasant station?
Is one dusun near to mount pleasant station?
I think one Dusun is nearer than toa payoh than Mt Pleasant....any comments?
Is one dusun near to mount pleasant station?
quite far la. 10-15min walk
Thomson grand buyers happy like bird. Is that the reason why UOL ka kar bid until so heong at the plot behind thomson view...
Probably already priced in when launched....y happy? Around $1400+psf is higher than some near city already...
so the condominiums around the balestier side nearer to the thomson rooad will appreciate with the Mount Pleasant station? The station is near CJC right?
Thought Mount Pleasant station will be at the old Police Academy ie means nearer to Thomson Road/PIE junction.
Thought Mount Pleasant station will be at the old Police Academy ie means nearer to Thomson Road/PIE junction.
Yeah, condos nearer to it will probably be sky@11 and The Arte and Villa Des Flores near CJC
bargain hunter
30-08-12, 10:54
The Yong An Park condominium at River Valley Road will have its boundary fence pushed back.
Great World City will lose some of the grass patch in front of the building, while Singapore Chinese Girls' School will see its boundary wall and tennis court affected.
Wild Falcon
30-08-12, 10:58
Don't think so. Already priced in and some more delayed. I think down 10% on bad news that line is gonna be delayed significantly, down another 5% during construction. And upon completion which is 10 years later, will depend on how the economy performs. Maybe back to square one, but for the 99LH one, depreciated 10% liao. So if u wanna invest in a 99Lh there, better think hard. Because already down 20% before u see any upside.
Well, yesterday, one analyst on CNA said 10% up on announcement, 5% down during construction and 50% up on completion.
Extracted from SLA web site >>
http://www.sla.gov.sg/htm/new/new14.htm
see the affected are..
Property Name Property Address Area (sq m)
Thomson Road* 246T Upper* 2,649.90
Post Office thomson Road
Lighthouse School 51 Toa Payoh Rise 260.6
Lighthouse School 51 Toa Payoh Rise 538.6 (scaled)
Singapore Association
of the Visually Handicapped 47 Toa Payoh Rise 151
Singapore Association
of the Visually Handicapped 47 Toa Payoh Rise 15.1 (scaled)
Singapore Chinese
Girls’ School 190 Dunearn Road 919.0 (scaled)
- 133 Stevens Road 905
- 2 Robin Close 997.3
- 2 Robin Close 16.1
Great World City 1 Kim Seng Promenade 816.5 (scaled)
Pearls Centre
100 & 100A* Eu Tong Sen Street 5,305.20
Yong An Park
325 - 333* River Valley Road 403.4 (scaled)
Don't think so. Already priced in and some more delayed. I think down 10% on bad news that line is gonna be delayed significantly, down another 5% during construction. And upon completion which is 10 years later, will depend on how the economy performs. Maybe back to square one, but for the 99LH one, depreciated 10% liao. So if u wanna invest in a 99Lh there, better think hard. Because already down 20% before u see any upside.
Just quoting analyst...its obvious that you have no stake in any of the properties along the line. For the record, I don't either so doesn't really matter whether it goes up or down.
Wild Falcon
30-08-12, 11:06
Doesn't matter for me too. I just think the prices of say Thomson Grand is NOT going to huat, unlike some analysts. Its all priced in and now that its delayed and longer construction, the impact is negative. And remember its leasehold which means 10% depreciation by the time the line is completed. So these are factors investors have to bear in mind. 10 years is a long time to wait and waste away in construction mess. Life is short.
Just quoting analyst...its obvious that you have no stake in any of the properties along the line. For the record, I don't either so doesn't really matter whether it goes up or down.
Yeah, condos nearer to it will probably be sky@11 and The Arte and Villa Des Flores near CJC
Wow!! All these condo you mentioned.. price was not factored in as nobody know there will be a MRT nearby soon..
So now HUAT liao!!! :scared-1:
propertychap
30-08-12, 11:42
Is Mount Pleasant station so near that the price will go up 10%?
i dun see the point of orchard blvd station - so close to napier station and right next to gcbs and highend condos - everybody drives!
phantom_opera
30-08-12, 11:48
i dun see the point of orchard blvd station - so close to napier station and right next to gcbs and highend condos - everybody drives!
totally agree with u ... a waste of money :banghead:
The Yong An Park condominium at River Valley Road will have its boundary fence pushed back.
Great World City will lose some of the grass patch in front of the building, while Singapore Chinese Girls' School will see its boundary wall and tennis court affected.
Bro,is there a mrt station beneath Great world City?Any idea where is the location?Thnks
Bro,is there a mrt station beneath Great world City?Any idea where is the location?Thnks
right below ERC and MOM land, with entrances at river valley road and great world city.
totally agree with u ... a waste of money :banghead:
dun obstruct traffic i happy already. seems like they may have plans for the STB, Camden, Eton plots of land. too bad by then i'll prob have moved out liao closer to the schools.
2 Robin Close is quite a large bungalow. Unfortunately, it is next to the main road. Never buys landed next to main road. Wonder how much in $psf Mdm Grace Young will be paid?
Yong an park so big and in the middle of nowhere and not near any junction also tio acquired, although its just a bit. In the end is Heng sway.
right below ERC and MOM land, with entrances at river valley road and great world city.Sorry bro, i am foreigner,care to explain the meaning of ERC and MOM land?I have a condo opposite Great World behind Zion road,will that be far?Thnks
i m not sure for the 2 bunglows, but the area is traditionally freehold right?
yong an park is freehold.
Freehold is freehold but when BIG BROTHER say he want...you got to give...this is LAW OF THE LAND(Pun INTENDED)...:scared-1:
Freehold is freehold but when BIG BROTHER say he want...you got to give...this is LAW OF THE LAND(Pun INTENDED)...:scared-1:
in the past, during the building of Kovan station, there were those landed right on upp serangoon road were compensated at $1 for their land.
Later they had to fight for a reasonable value. Those who just bought at that time were the biggest loser, as the value is still much lower than purchase price. some even say, i still need to service my loan after my roof is taken over by them.
Now a days shld be better as under diff Big Brother charge....
Wow!! All these condo you mentioned.. price was not factored in as nobody know there will be a MRT nearby soon..
So now HUAT liao!!! :scared-1:
Yah...went to take a look at sky@11 last time but didn't commit so miss this boat...
Yah...went to take a look at sky@11 last time but didn't commit so miss this boat...
Ya... Not just a boat... Missed a BIG boat...
launched was about 850psf only :banghead:
Ya... Not just a boat... Missed a BIG boat...
launched was about 850psf only :banghead:
unit all big big. gross price near 2mil
Selling Points:
- Rare Freehold Mixed Development at Novena & Thomson vicinity
- Near upcoming Thomson Line
- Next to the upcoming Hotel, Commercial & Retail Complex (Ramada Hotel & Days Inn Hotel)
at Zhongshan Park: - Transformations of Balestier in future
- First of its kind, a unique hotel within a park and rich cultural setting ZhongShan Park
- consist of hotel, restaurants, entertainment, cultural centre and shops.
- One of the Tallest development in the area and will be the Most Prominent
- Close proximity to Singapore Medical Hub and Medical facilities
- 6 mins drive to Orchard shopping belt,
- 7 mins drive to central business district and Marina Integrated Resort
- Unbeatable Potential for Growth and Appreciation
- Very good sizes & practical layout with no bay windows
- Whampoa will receive a $90 million government upgrading programme
planned for the area over the next five years.
- Sungei Whampoa undergoes a $2.2 million makeover with PUB project.
- Nearby schools: CHIJ, Bendemeer Pr, Farrer Park, St Andrew Junior, Pei Chun Public,
First Toa Payoh, Balestier Hill Pr, St Joseph Institution Junior
- Famous Eateries: Boon Tong Kee Chicken Rice, Macdonald, Bah Kut Teh
WHERE GOT NEAR!?
Mount Pleasant's stn is located in the Old Police Academy. There are planning to have lots of PCs there. :cheers1:
According to masterplan, the plot is subject to detailed planning. so there will be bukit brown and Mount Pleasant mrt station. Good connectivity. Perhaps they will shift one of the schools from bukit timah to that area to ease the congestion.
in the past, during the building of Kovan station, there were those landed right on upp serangoon road were compensated at $1 for their land.
Later they had to fight for a reasonable value. Those who just bought at that time were the biggest loser, as the value is still much lower than purchase price. some even say, i still need to service my loan after my roof is taken over by them.
Now a days shld be better as under diff Big Brother charge....
and now the land is occupied by Kovan Melody/Resididence right?
these people really poor thing... $1? wah lau...
bargain hunter
30-08-12, 18:13
there is this plot of government land east of great world city, right between trillium+cosmopolitan and yong an park condos. ERC and MOM currently occupy this plot of land. the mrt will be underneath it.
if your condo is west of great world city, then its some distance away.
if your condo is zenith, it will be approx 500m away once the underpass to connect your place to the other side of singapore river is done (not sure which year, but surely before the mrt is up).
on the other hand, you will still get some peace and quiet while those condos won't for the next 9 years. :)
Sorry bro, i am foreigner,care to explain the meaning of ERC and MOM land?I have a condo opposite Great World behind Zion road,will that be far?Thnks
bargain hunter
30-08-12, 18:16
when i saw it i was also thinking, what's that station doing there.
allgreen owners knew about this is it? that's why they privatised the company? they own both great world city and the land around and including traders hotel i think!
i dun see the point of orchard blvd station - so close to napier station and right next to gcbs and highend condos - everybody drives!
Gardens at Bishan will help TG block dust?
I think one Dusun is nearer than toa payoh than Mt Pleasant....any comments?
Yes, 1 Dusun is nearer to Mt Pleasant station... No wonder it can sell so well... How come people knew there will be a mrt station hereby b4 govt announce it :confused:
Yes, 1 Dusun is nearer to Mt Pleasant station... No wonder it can sell so well... How come people knew there will be a mrt station hereby b4 govt announce it :confused:
it is not near lar :doh:
it is not near lar :doh:
At least walkable lah, from what I see, abt 15-20 mins walk... Walk from 1 Dusun to TPY mrt can die de, got to climb slope + overhead bridge.
At least walkable lah, from what I see, abt 15-20 mins walk... Walk from 1 Dusun to TPY mrt can die de, got to climb slope + overhead bridge.
walk to mt pleasant also got slope and bridge. if 15-20mins walk is near, then many condo are considered "near mrt"
River valley finally gets a MRT.. Trillium looks good now... If Mr B is right, 2015 will be bottom fishing time :D
Btw bargain hunter, I thought the new rule is 5yr must sell before kena tax ?
bargain hunter
30-08-12, 23:06
http://cpf.gov.sg/imsavvy/infohub_article.asp?readid=%7B184128248-11115-1545482873%7D&print=1 (http://cpf.gov.sg/imsavvy/infohub_article.asp?readid=%7B184128248-11115-1545482873%7D&print=1)
"Market watchers say that with the five-year limit to complete the project and sell all units, developers will have to weigh their land purchase decisions more carefully."
sorry, my mistake. its within 5 years must complete AND sell.
we also gotta know when construction starts for that river valley station rite? like u said, during construction, rental will be very bad.
River valley finally gets a MRT.. Trillium looks good now... If Mr B is right, 2015 will be bottom fishing time :D
Btw bargain hunter, I thought the new rule is 5yr must sell before kena tax ?
River valley finally gets a MRT.. Trillium looks good now... If Mr B is right, 2015 will be bottom fishing time :D
.....?
how is cars going to enter Trillium since entrance is by the side road there, which appears to have underground passageway leading to GWC, so presumably will have construction going on there.
hopefully, trillium can open a side gate right in front of MRT entrance itself.
nobrainer32007
30-08-12, 23:45
what can I say :cheers1:
I have been saying buy the undervalued resale properties in river valley and not those 99LH suburbAN properties. i will just sit on mine and collect rentals in the meantime...:)
River valley finally gets a MRT.. Trillium looks good now... If Mr B is right, 2015 will be bottom fishing time :D
Btw bargain hunter, I thought the new rule is 5yr must sell before kena tax ?
Allthepies
31-08-12, 07:31
what can I say :cheers1:
I have been saying buy the undervalued resale properties in river valley and not those 99LH suburbAN properties. i will just sit on mine and collect rentals in the meantime...:)
bro no money to buy la. if got money would have bought the whole stack of caspian in 2009 or verdure or even alexis.:)
This time uol can mark the mrt station exactly on the location map next to their project unlike what happened at meadows. With a land bid at over $700psf plus a confirmed mrt station 200m away from the site, I wonder how much would they try and sell it.
what can I say :cheers1:
I have been saying buy the undervalued resale properties in river valley and not those 99LH suburbAN properties. i will just sit on mine and collect rentals in the meantime...:)
this is really a hit a miss lah. you could have bought Aspen and completely miss the track all together.
this is really a hit a miss lah. you could have bought Aspen and completely miss the track all together.
There was quite a bit of chatter of a station around Kim Seng Rd.
bargain hunter
31-08-12, 09:54
that's why its already in the price. its been chattering for years that there would be a station at great world city. those who should be slightly disappointed should be the MMs from RV Suites and to its west. MRT a tad far since its located east of great world city.
stellar rv agent still sms said thomson line station announced, prices may be raised. hahahahhahahahahaha.
i think the bigger surprise is the havelock station. didn't expect a station to be there. now u have singapore's only hdbs who can say they are within 2 mrt stops of orchard.
There was quite a bit of chatter of a station around Kim Seng Rd.
walk to mt pleasant also got slope and bridge. if 15-20mins walk is near, then many condo are considered "near mrt"
Think the location of the Mount Pleasant Station is nearer towards Ornaret Road rather than Thomson Road. Will be a rather long walk (if the grounds of the Old Police Academy are opened to public) from One Dusun Residence. I had estimated through Google Map that the station is around 600-800m from Sky11 and Cube8.
Why benefit the existing/ UC condos? URA will want to make more $ with the future sale of the large piece of land at the Old PA site. Hence, has to centrally located in this site.
Think the location of the Mount Pleasant Station is nearer towards Ornaret Road rather than Thomson Road. Will be a rather long walk (if the grounds of the Old Police Academy are opened to public) from One Dusun Residence. I had estimated through Google Map that the station is around 600-800m from Sky11 and Cube8.
Looks like its gonna be a long long wait. starting from 2019, fully open in 2021.
http://www.todayonline.com/Hotnews/EDC120829-0000099/Thomson-Line-to-fully-open-by-2021
[/URL]http://imcmsimages.mediacorp.sg/cmsfileserver/showimageCC.aspx?299&450&f=2211&img=2211_592429.jpg
Below is one of the "future???" MRT lines map posted in Oct 2011. It is interesting to see that despite the Thomson MRT station locations may be different but the path is quite close to what has been announced few days ago
[url]http://sg.news.yahoo.com/is-this-singapore%E2%80%99s-future-mrt-network-.html (http://imcmsimages.mediacorp.sg/cmsfileserver/showimageCC.aspx?299&450&f=2211&img=2211_592429.jpg)
nobrainer32007
31-08-12, 10:23
this is really a hit a miss lah. you could have bought Aspen and completely miss the track all together.
Aspen can still walk to fort caning station dtl3. Ue square residents just need 50 steps to reach it.
Wild Falcon
31-08-12, 11:04
Confirm cannot make it. 15-20 min walk is very long leh. 10 min walk already considered long for some.
As to the Aspen Heights comment, it already has a Fort Canning station which is going to be completed way earlier, by 2016. Frankly I think prices will only go up very near to completion of the MRT.
At least walkable lah, from what I see, abt 15-20 mins walk... Walk from 1 Dusun to TPY mrt can die de, got to climb slope + overhead bridge.
phantom_opera
31-08-12, 11:07
UE Square asking price is too expensive :tongue3: Might as well buy brand new at D10
huat ahhhh...
http://www.propertyguru.com.sg/property-management-news/2012/8/34019/thomson-mrt-line-to-boost-property-prices
I have been saying buy the undervalued resale properties in river valley and not those 99LH suburbAN properties. i will just sit on mine and collect rentals in the meantime...:)
Bro I'm not the one that needs to be convinced .. ;)
@kane, UOL's sin ming plot will match Thomson Grand's, plus 10% :D I heard the sales head was apparently scolded by the boss after he priced katong regency too low ;) (btw this project may be called Thomson Regency :) )
when i saw it i was also thinking, what's that station doing there.
allgreen owners knew about this is it? that's why they privatised the company? they own both great world city and the land around and including traders hotel i think!
can already guess 2013 masterplan for the area from these stations. the govt doesn't do anomalies like this - nothings wasted, only to gain.
Bro I'm not the one that needs to be convinced .. ;)
@kane, UOL's sin ming plot will match Thomson Grand's, plus 10% :D I heard the sales head was apparently scolded by the boss after he priced katong regency too low ;) (btw this project may be called Thomson Regency :) )
Selling in such a short time confirm means they underpriced. Lol. Then again, the sales head for d'leedon and sky habitat also might get blamed for pricing it too high.
As for "thomson regency's price". I think it might be slightly more than 10%. Because the land cost is about 200psf more if i remember correctly.
Bro I'm not the one that needs to be convinced .. ;)
@kane, UOL's sin ming plot will match Thomson Grand's, plus 10% :D I heard the sales head was apparently scolded by the boss after he priced katong regency too low ;) (btw this project may be called Thomson Regency :) )
Doesnt make sense to me. I am sure any decision on pricing would have already been signed off by UOL boss before it goes on sale. Perhaps all these hearsay are just rumour created by property agents to give the market an impression that prices are too low.
From what I was told many units at KR were bought by UOL staffs. And this is coming from a very reliable source.
interesting article providing another perspective
Thomson MRT Line: Pains before the gains
Here's a review of information provided by govt agencies about upcoming $18b line
BYKU SWEE YONG PRINT |EMAIL THIS ARTICLE
No immediate returns: Property prices do not necessarily go up from the time the MRT is being constructed until its completion, concludes 'Real Estate Riches' by the writer. The book examines the potential benefits and downsides brought by new MRT lines and stations to the immediate neighbourhood.
THERE was a mini euphoria in Singapore last week. News surrounding the Thomson MRT Line (TSL) was greeted like gifts sprinkled from the heavens. Property analysts cheered that real estate values will go up 10 per cent or even 30 per cent. Financial analysts claimed triumph for the property sector and the construction sector, reiterating BUY calls for many property stocks, listed Reits and construction company stocks.
The TSL is estimated to cost taxpayers $18 billion and construction should begin at the end of 2013. However, amid the potential break-up of the eurozone and the fact that the world's largest economy is flying headlong into a fiscal cliff, the TSL announcement brought promises of capital gains for the estimated 160,000 households within 800 metres (considered as within walking distance) of the stations and windfall profits for construction firms and property developers.
Cheers from analysts and commentators all round.
Let us take a step back and review the information. In the joint release by the Land Transport Authority, the Urban Redevelopment Authority and the Singapore Land Authority, we were simply told of the path the TSL will take and locations of the MRT stations. Certain parcels of private land will be acquired by the government for this project. The site plans for each station were also provided.
The first thing that confounds me is the name: Thomson Line. Only the Upper Thomson Station and the Springleaf Station are sitting on Upper Thomson Road. Thomson Road itself has no stations! Not unless you count those near to Thomson Road such as Caldecott and Mt Pleasant.
The Mt Pleasant station is a bit of a disappointment to investors who have bought into the "promised potential" of the Balestier-Thomson junction since the TSL was announced in 2008. For residents at this junction, the walk from Tan Tong Meng Tower to the MRT station is closer to a kilometre, not a simple 500 metres as the crow flies.
The market has "priced in" the station based purely on expectations. There are several other examples of such "priced in" expectations.
Secondly, the path taken by the TSL is one with several unexpected twists and bends. Certain stations seemed out of place. The detour eastwards to the Lentor Station is one: It is within about 1km to the Yio Chu Kang station and likely serving largely the same households.
Detours to low-density areas is another: Orchard Boulevard Station is next to the Chatsworth Park Good Class Bungalow area. In an exclusive residential neighbourhood where houses cost around $30 million each and many families have chauffeurs, I am not sure if an MRT station will be viewed by residents as a convenience or a disturbance.
Residents may be sensitive to the vibrations during the eight-year construction period and post-2021, the rumbling of trains running underground. And is the Napier Station between Botanic Gardens and Gleneagles Hospital intended mainly for tourist traffic as well as visitors to the embassy row?
There were no details about the values of individual contracts that will be awarded for the construction. In any case, contracts might be up for tender early in 2013 and awarded in late 2013. We do not know where the major worksites will be, the road diversions required, the start dates and end dates for each site, etc. Therefore we cannot tell which construction companies might benefit and which properties might be inconvenienced during construction.
Amid the exuberance, no one seemed to have taken note that the North South Expressway (NSE) will be built between 2013 and 2019. During the construction of the TSL and the NSE, how will commuters between Woodlands and Marymount/Mt Pleasant cope? By diverting to the CTE?
Finding tenants
In particular, the stretch of Lentor Avenue connecting to Ang Mo Kio Avenue 6 looks like a major bottleneck waiting to happen.
Most of the forecasts about the positive impact of TSL had no time limits. When will the expected 5-10 per cent or even 30 per cent price increase take place? When should one make an investment in order to enjoy the purported upside?
My take is: There will be pains before the gains can be reaped. Chapter 10 of Real Estate Riches published by Marshall Cavendish examined the potential benefits (and downsides) brought by new MRT lines and stations to the immediate neighbourhood and concluded: Prices do not necessarily go up from the time the MRT is being constructed until its completion.
Most times, after the initial euphoria, the reality of the inconveniences brought about by the construction will lead property prices southwards. During the construction, poorer accessibility, disruption to traffic, noise, dust and lights from night construction all add to inconvenience and reduced business for retailers.
It is tougher to find tenants, and rentals might be pressured lower. The vacancy period between tenants might be extended too, leading to lower property valuations.
It does not take much formal training for one to see the obvious potential benefits. However, those who are considered learned should be able to forecast the less obvious secondary and tertiary effects, for example when the retail landlords in Woodlands will start to see benefits, will office landlords around Shenton Way Station really benefit or would the additional benefits be negligible given that the location will already be served by Downtown Station and Raffles Place Station?
I will not be counting chickens today, it is a long time yet to 2019 when the first three stations open in Woodlands and even further till 2021 when the final 13 stations in and around town are opened. All provided they open on time.
The writer is founder of real estate agency International Property Advisory. He is also the author of the book 'Real Estate Riches'
Wee hur decided to cheong for thomson view in view of the upcoming station. Hopefully they aren't eating more than they can chew.
it's a risky gamble...the location is excellent but buyers need to wait till 2021 to realise the potential
I visited the new Bishan-Ang Mo Kio Park over the weekend. I saw a soil investigation rig there. I remembered that the line will cut through Bishan Park between the Mayflower and Sin Ming stations. Does this mean they going to tear through the park again? After spending $1billion on it?
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