Goodbye RCR?

[Allthepies]

With government planning more housing in city itself: "In the next 15 years, more housing will be built in city locations"

And extending of city center is into new land in the South and not into existing RCR...

And decentralised city centres to be built in OCR...

RCR is going to lose its premium over time?

[taggy]

http://imageshack.com/a/img836/923/gy7m.png

post a pic here for easy reference in discussion :D

[babyt]

sg so small. no difference.

[hyenergix]

With government planning more housing in city itself: "In the next 15 years, more housing will be built in city locations"

And extending of city center is into new land in the South and not into existing RCR...

And decentralised city centres to be built in OCR...

RCR is going to lose its premium over time?

Not likely. Not everyone can afford to stay in CCR.

[oops]

Any adverse effect will start from the outer circle which is OCR.:D

[babyt]

CCR is CCR. the main heart of SG is still there.

no matter how u decentralised, ppl still see CBD as the main city centre?

[economist]

RCR closer to the downtown core (blue area) will clearly benefit, that's where the true CBDs are.

[clemdale24]

RCR closer to the downtown core (blue area) will clearly benefit, that's where the true CBDs are.

so ur saying that areas like fort road, meyer road, and marine parade will benefit?

[Ringo33]

when the world is so divided between those who have plenty and those who dont, it might be a good idea to stay away from RCR for now.

Ultimately those who have plenty will have plenty to spare, while those who dont will prefer to live somewhere where dont feel like they dont.

[Kelonguni]

There are two sides to a coin.

Moving some traffic away from CCR may make it really more suitable for living / commuting and therefore valuable. It's never about packing activities in one region and that region just continues to grow exponentially. Infrastructure support must match the density.

Why OCR is still getting more and more ex is probably due to this activity packing effect.

[Ringo33]

There are two sides to a coin.

Moving some traffic away from CCR may make it really more suitable for living / commuting and therefore valuable. It's never about packing activities in one region and that region just continues to grow exponentially. Infrastructure support must match the density.

Why OCR is still getting more and more ex is probably due to this activity packing effect.

there is no reason as to why government would want to move human traffic out of the city. think new york, london, tokyo. what they want of course is to have high density of affluent people to congregate in city

[Kelonguni]

there is no reason as to why government would want to move human traffic out of the city. think new york, london, tokyo. what they want of course is to have high density of affluent people to congregate in city

The cities referred to are on average twice the size of SG with lots of hinterland.

We are literally and actually a little red dot.

[Ringo33]

The cities referred to are on average twice the size of SG with lots of hinterland.

We are literally and actually a little red dot.

Its not the land mass, its the concentration of wealthy people who have more than enough to spend on things which they see is of value

[orange]

Okay. Freehold landed housing in CCR will boom big time then.

Mostly located in D10 and D11.

Huat ah!

[Ringo33]

Okay. Freehold landed housing in CCR will boom big time then.

Mostly located in D10 and D11.

Huat ah!

I always believe its always easier to make money from average joe than to make money from the wealthy.

[Kelonguni]

My point is, how do you really differentiate points effectively within a point?

[Maxim1]

Any adverse effect will start from the outer circle which is OCR.:D
Agreed. Many RCR condos same price as OCRs now which is totally absurd.

[Ringo33]

Agreed. Many RCR condos same price as OCRs now which is totally absurd.

apple to apple, same psf different quantum

[thomastansb]

Tokyo so small but prices are only high in Tokyo or Ginza area.

You try to buy a property in Asakusa (30 mins to town), it is so much cheaper. So I don't think anything will change. CCR is still CCR.





With government planning more housing in city itself: "In the next 15 years, more housing will be built in city locations"

And extending of city center is into new land in the South and not into existing RCR...

And decentralised city centres to be built in OCR...

RCR is going to lose its premium over time?

[Kelonguni]

Tokyo so small but prices are only high in Tokyo or Ginza area.

You try to buy a property in Asakusa (30 mins to town), it is so much cheaper. So I don't think anything will change. CCR is still CCR.

Tokyo is almost exactly 3 times the size of SG.

You buy property WITHIN Tokyo how much is the difference in psf between the highest and lowest? Sincerely asking.

[babyt]

Would Geylang be a better buy than Novena since Geylang much nearer to Shenton Way and new Marina downtown? its a waste that geylang has its vices though.

[Kelonguni]

Asakusa might be regarded as within Tokyo but the following might still be important factors when compared with SG.

1. Transport accessibility

2. Presence of real hinterland to compete with non central area within Tokyo.

3. Relatively much larger size of city. SG population density is also higher than Tokyo.

[ecimbew]

Nice. Where did you get this map from?



http://imageshack.com/a/img836/923/gy7m.png

post a pic here for easy reference in discussion :D

[sabian]

http://www.mycarforum.com/uploads/monthly_03_2014/post-30035-0-85515200-1394069939.jpg

[taggy]

Nice. Where did you get this map from?

hi, i get it from ura website
http://spring.ura.gov.sg/lad/ore/login/map_ccr.pdf