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moneymatters
18-07-08, 19:28
12 MRT stations for Bukit Timah by 2015
http://www.straitstimes.com/Prime%2B...ry_258049.html (http://forums.condosingapore.com/)

July 16, 2008

12 MRT stations for Bukit Timah by 2015

180,000 rides expected on the underground line

By Christopher Tan, Senior Correspondent


A DOZEN new MRT stations will come up in the Bukit Timah area as part of Stage 2 of the Downtown Line.

They will serve several schools such as Singapore Chinese Girls' School, National Junior College, Hwa Chong Institution, Nanyang Girls' High, Raffles Girls' Primary, and Assumption English School.

This phase, to be completed by 2015, will give Bukit Timah residents access to trains for the first time. They are now served only by buses.

The stations will also serve the Toh Yi and Bukit Panjang Housing Board estates, and take commuters to shopping malls such as Serene Centre, Beauty World and Ten Mile Junction.

The Downtown Line is being built in three stages and will have 40 stations, with trains running from the north-

western and eastern areas of Singapore to the Central Business District and Marina Bay.

Stage 2 will intersect other MRT lines at Little India, Newton and the Botanic Gardens.

Details of this phase were announced yesterday. This section spans 16.6km, from Rochor in the south to Bukit Panjang in the north.

Taking the train is expected to shave travelling time from Bukit Panjang to Marina Bay by almost half an hour.

Major construction on the line is expected to start in the middle of next year, and the Land Transport Authority (LTA) said very little land acquisition will be needed.

LTA deputy chief executive Lim Bok Ngam said builders will face new challenges.

For one thing, the area's rocky soil, unlike the marine clay encountered in most previous lines, is hard, so tunnel boring will be slower.

The all-underground line will also go under the Rochor Canal, which will have to be diverted during construction.

The line is expected to be well used, said LTA chief executive Yam Ah Mee. He expects it to account for 180,000 rides a day - more than a third of the $12billion Downtown Line's anticipated total ridership of 500,000.

Besides giving Bukit Timah residents quicker access to the city, the line will bring another benefit: The values of their properties are expected to rise.

Jones Lang LaSalle's head of research (South-east Asia) Chua Yang Liang said: 'Typically, properties within walking distance of MRT stations would see an enhancement in value.'

But Mr Nicholas Mak, director of research and consultancy at Knight Frank, said the completion date is a long way off. In that time, 'the economy and financial market will have a stronger effect on property prices'.

Stage 1 of the Downtown Line is a 4.3km stretch with six stations. It will be completed in 2013. Stage 3, spanning 19.1km with 15 stops, will be ready by 2016.

When the line is completed, a commuter can travel from Bukit Panjang to Tampines in 65 minutes.

ADDITIONAL REPORTING BY JOYCE TEO

[email protected] (http://forums.condosingapore.com/)
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moneymatters
18-07-08, 19:33
A closer examination of Petir Station concourse layout suggests that provision has already been made for exit/access on both side of Upper Bukit Timah Road. On Petir Road side, an access will be located just next to present Bukit Panjang LRT station opposite Maysprings Condo. There has been lots of market talk about LTA/URA tendering the huge piece of land next to existing bus interchage/LRT station as a PPP site similar to the Serangoon MRT station site for transport hub/mall development. On other side of Upper Bukit Timah Road, near present nursery and Malaysian railway land, several wide access have been provided for.

There are several possible development options, let's make some educated and some wild guess
A) build a new LRT station/hub infrastructure to cater for increased human traffic shuttling to and fro and linking Choa Chu Kang MRT station on the NS line and serving residents from fast growing Bukit Panjang estate.
B) move existing Tanjong Pagar train station up to Upper Bukit Timah stretch to prepare for future high speed KL-Sin train service. The concourse layout with wide berth does suggest such a possibility.
C) other possibility maybe provision for interchange connectivity for another yet to be announced MRT line hooking up the NSL, TSL cutting horizontally through the central part of Singapore.
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JUGHEAD
18-07-08, 23:46
LTA rejects MPs' idea of moving MRT's Petir station
By Maria Almenoar
MOVE one of the Downtown Line's stations nearer the existing Bukit Panjang LRT and bus interchange?

It cannot be done because of technical constraints, the Land Transport Authority (LTA) has said.

It was responding to Members of Parliament who had asked for Petir, the last of the Downtown Line's 12 stations, to be relocated closer to the Bukit Panjang LRT line.

As it stands, Petir is about 120m away.

The MPs had argued that integrating the Downtown Line with Bukit Panjang's LRT system and bus interchange would make more convenient for commuters needing to make connections to the main train system.

The LTA has explained that it comes down to how much a railway track can curve.

'The railway alignment is not able to swing sharply to meet Bukit Panjang LRT station and yet be able to run to Woodlands Road within such a short distance,' it said in an e-mail reply.

It added, however, that it would build a covered linkway between Petir and Bukit Panjang LRT station, and hinted at 'future developments' on a reserve site between the two stations.

The concern over the placement of the Petir station appeared to be the only one following Monday's unveiling of the 12 stops on Stage 2 of the Downtown Line, expected to open in 2015.

JUGHEAD
26-07-08, 16:29
For those who did not manage to catch the 10:30pm Channel 8 programme "Frontline" last night, the programme actually featured comments by residents and MP on the new Petir MRT station. The main talking point was the 100m distance from the bus interchange to the new Petir MRT station which residents are not happy with.
Dr Teo Ho Pin was also interviewed. He emphasised his hope to have a integrated bus interchange, LRT and MRT located at the current bus interchange. He also wants to make this particular area the central for Bukit Panjang with more shops and marts.
Hope to see some news on future developments soon.

moneymatters
27-07-08, 05:23
Why Downtown Line differs from earlier ones

I THANK readers for their letters on Monday, 'Better integration with bus interchanges needed' and 'Missing' station leaves many stranded'.
Downtown Line 2 (DTL2) is fully underground. As there is a limit to how much the railway track can curve, the railway alignment is unable to swing sharply to meet Bukit Panjang LRT station and return to run under Woodlands Road within such a short distance.
A covered linkway is planned to connect DTL Petir station, Bukit Panjang LRT station and the temporary bus interchange. The Land Transport Authority (LTA) will also work with other agencies to study how future development at the reserve site beside the two stations can be integrated to link these facilities.
While connectivity with other transport modes is important, developments along the DTL2 corridor are of lower and medium density. This is unlike the existing North-South and East-West lines plying high-density public housing estates which require large bus interchanges and feeder bus services. Instead of feeder services, the DTL2 will be complemented by trunk buses originating from town centres like Bukit Batok and Choa Chu Kang to connect residents with the DTL.
In locating an MRT station, LTA seeks to balance cost, operational efficiency of the system and accessibility to commuters. Locating stations too closely is costly and slows down the overall system. Too few stations and the line will be less accessible. Optimisation is achieved by locating stations in major activity centres of the areas they serve, especially where there are high- density developments with substantial commercial and retail activities, or other MRT interchanges, so as to benefit more people.
Developments between Beauty World and Hillview stations are mostly medium- density residential types clustered towards either end, with plans to retain large parts of the land between as parks and nature reserves. Thus, the catchment between Beauty World and Hillview is insufficiently dense to justify a station at present. Residents living in Hume Avenue can access the nearest station at Hillview or Beauty World by a short bus ride.
Every effort is made to ensure that future DTL2 stations will give commuters better connectivity to the city. When completed in 2015, the DTL2 will provide an additional choice of public transport.
Geoffrey Lim
Deputy Director, Media Relations
Land Transport Authority

egorg
20-05-09, 19:14
Any idea at what rates are 3bedders selling now?

wreckwrx
20-05-09, 21:54
Any idea at what rates are 3bedders selling now?
Saw two listings on iProperty (http://www.iproperty.com.sg/singaporeCondominiums/condominium.aspx?condo=maysprings) for the 3 bedders posted on 15/05....

http://www.iproperty.com.sg/images/common/green_bullet.png Maysprings (http://www.iproperty.com.sg/propertylisting/734897/Maysprings-Condominium-ForSale) $780,000 1528 sq. ft.


http://www.iproperty.com.sg/images/common/green_bullet.png Maysprings (http://www.iproperty.com.sg/propertylisting/744554/Maysprings-Condominium-ForSale) $785,000 1550 sq. ft.



I was looking at this development previously...... :D

wreckwrx
20-05-09, 23:02
Looking at the URA website on the caveats lodged this year, there is only one bigger than 1,000sqft unit that transacted above $500psf....

MAYSPRINGS (http://javascript%3Cb%3E%3C/b%3E:popUp%28%27submitSISV.do?project_name=MAYSPRINGS&street_name=PETIR%20ROAD&property_type_code=04%27%29;) PETIR ROAD Apartment 1 550,000 1,292 426 Mar-09
MAYSPRINGS (http://javascript%3Cb%3E%3C/b%3E:popUp%28%27submitSISV.do?project_name=MAYSPRINGS&street_name=PETIR%20ROAD&property_type_code=04%27%29;) PETIR ROAD Apartment 1 480,000 807 595 Mar-09
MAYSPRINGS (http://javascript%3Cb%3E%3C/b%3E:popUp%28%27submitSISV.do?project_name=MAYSPRINGS&street_name=PETIR%20ROAD&property_type_code=04%27%29;) PETIR ROAD Apartment 1 456,000 807 565 Mar-09
MAYSPRINGS (http://javascript%3Cb%3E%3C/b%3E:popUp%28%27submitSISV.do?project_name=MAYSPRINGS&street_name=PETIR%20ROAD&property_type_code=04%27%29;) PETIR ROAD Apartment 1 585,000 1,335 438 Feb-09
MAYSPRINGS (http://javascript%3Cb%3E%3C/b%3E:popUp%28%27submitSISV.do?project_name=MAYSPRINGS&street_name=PETIR%20ROAD&property_type_code=04%27%29;) PETIR ROAD Apartment 1 610,000 1,335 457 Feb-09
MAYSPRINGS (http://javascript%3Cb%3E%3C/b%3E:popUp%28%27submitSISV.do?project_name=MAYSPRINGS&street_name=PETIR%20ROAD&property_type_code=04%27%29;) PETIR ROAD Apartment 1 600,000 1,292 465 Feb-09
MAYSPRINGS (http://javascript%3Cb%3E%3C/b%3E:popUp%28%27submitSISV.do?project_name=MAYSPRINGS&street_name=PETIR%20ROAD&property_type_code=04%27%29;) PETIR ROAD Apartment 1 650,000 1,292 503 Jan-09
MAYSPRINGS (http://javascript%3Cb%3E%3C/b%3E:popUp%28%27submitSISV.do?project_name=MAYSPRINGS&street_name=PETIR%20ROAD&property_type_code=04%27%29;) PETIR ROAD Apartment 1 565,000 1,292 437 Jan-09
MAYSPRINGS (http://javascript%3Cb%3E%3C/b%3E:popUp%28%27submitSISV.do?project_name=MAYSPRINGS&street_name=PETIR%20ROAD&property_type_code=04%27%29;) PETIR ROAD Apartment 1 585,000 1,292 453 Jan-09
MAYSPRINGS (http://javascript%3Cb%3E%3C/b%3E:popUp%28%27submitSISV.do?project_name=MAYSPRINGS&street_name=PETIR%20ROAD&property_type_code=04%27%29;) PETIR ROAD Apartment 1 400,000 818 489 Jan-09

Geylang OKT
21-05-09, 06:59
Maysprings is crap. The 999LH devt is sited in the middle of nowhere. One must also take the LRT to CCK MRT. Hordes of irregular shaped units too. Just a couple of years ago, a 3 bedder would have sold for around $450k, and rental was like, say... $1200-$1500 :tongue3:

wreckwrx
21-05-09, 09:11
BTw, Maysprings is only LH99....

And totally agree about the odd-shaped interior layout.

Geylang OKT
22-05-09, 04:55
BTw, Maysprings is only LH99....

And totally agree about the odd-shaped interior layout.

Thanks for the correction re 99LH status. Now there's even a time decay factor like those share warrants :D

Jughead
06-07-09, 15:45
Maysprings is crap. The 999LH devt is sited in the middle of nowhere. One must also take the LRT to CCK MRT. Hordes of irregular shaped units too. Just a couple of years ago, a 3 bedder would have sold for around $450k, and rental was like, say... $1200-$1500 :tongue3:
Yeah. Just a couple of years ago, your HDB flat is also sold for $180k.:tongue3:

egorg
07-07-09, 11:11
And, the contract for Bukit Panjang station for downtown line is awarded to Lum Chang - see LTA press release:

http://app.lta.gov.sg/corp_press_content.asp?start=2149

LTA Awards 2 Downtown Line Contracts

1. The Land Transport Authority (LTA) is pleased to announce the award of two contracts C912 and C921 with an approximate value of S$1.26 billion for the Downtown Line Stage 2 (DTL2) project.

Contract 912

2. Contract 912 is for the design and construction at Bukit Panjang station and its associated tunnels. It has been awarded to Lum Chang Building Contractors Pte Ltd at approximately S$452.4 million.

3. The Bukit Panjang station is also a Civil Defence (CD) shelter and is located along Upper Bukit Timah Road at the junction of Bukit Panjang and Choa Chu Kang Road / Woodlands Road.

4. Lum Chang Building Contractors Pte Ltd is a local contractor with extensive experience in the construction of both rail and building projects. Their on-going Circle Line projects with LTA via a joint venture with Nishimatsu Construction Co., Ltd for Contracts 823 Mountbatten, Dakota & Paya Lebar stations and associated tunnels, and Contract 828 Nicoll Highway & Stadium stations and associated tunnels, are nearing completion.

Contract 921

5. Contract 921 for the design and construction of Rochor and Little India stations and associated tunnels has been awarded to SsangYong Engineering & Construction Co., Ltd for a contract sum of S$803.3 million.

6. SsangYong Engineering & Construction Co., Ltd. is a South Korean company with expertise in a diverse range of large-scale civil engineering and infrastructural projects. The company has extensive transit construction experience in Korea and building works experience in Singapore. Among the company's notable achievements in Singapore are the Suntec City and Raffles City (comprising the 73-storey Swissotel). It is also building the mega project Marina Bay Sands IR Hotel Package in Singapore. SsangYong constructed many subway projects in Seoul and other major cities. The company has also completed nine highway projects in countries such as Kuwait, India and Indonesia.

7. Construction of the three stations is scheduled to commence in the third quarter of 2009 and targeted to complete by 2015.

About Downtown Line 2

8. The 40-kilometre DTL will be mostly underground and will be built in three stages. When completed, the DTL will facilitate direct travel from the northwestern and eastern areas of the island to the Central Business District (CBD) and the Marina Bay. It will also provide a strategic transport link to support the development of the Marina Bay area. The entire DTL is scheduled for completion in 2016.

9. DTL2 will be built fully underground. The 16.6-kilometre long rapid transit system will comprise of 12 stations and one depot. When completed in 2015, DTL2 will link commuters from the Bukit Timah corridor to the North East Line (NEL), North South Line (NSL) and Circle Line (CCL) respectively, giving them greater accessibility to the rest of the island and significantly improving travel time. It will link the north-western part of the island through DTL1 to commercial, residential and entertainment developments in the Marina Bay area.

maria
08-07-09, 11:51
The plot ratio understand 3.1 which can build up to 36 storey which now Mayspring is 24 storey. When the downtown line is up you can travel straight to newton and bugis. Also you pass the bukit timah nature reserve and botanic garden. Also mrt is underground no train noise. Also a few good schools nearby.

egorg
08-07-09, 12:53
See article below on the benefit to students and riders. However, though the recent transacted prices averages to about $455psf; the asking rates seems to be way above this figure. (But anyway not high as the recent launches in the CCK area)

Work on MRT Downtown Line phase 2 starts
By Tyler Thia, Channel NewsAsia | Posted: 03 July 2009 2046 hrs


Work on MRT Downtown Line phase 2 starts

SINGAPORE: Work on phase two of the MRT Downtown Line (DTL2) started on Friday. When DTL2 opens in 2015, residents and students along the Bukit Timah corridor can enjoy faster access to the city area.

The S$12 billion Downtown Line consists of three phases. Phase one of the line (DTL1) is on schedule to open in 2013, while tenders for phase three of the line will be called next year.

The ground-breaking ceremony for the start of construction for the DTL2 was held near Beauty World Plaza, one of the first sites to begin work.

Transport Minister Raymond Lim was the guest-of-honour at the ceremony. Representatives from six firms which won part of the 10 civil contracts were also present to give their pledge for work safety.

DTL2 will run from Bukit Panjang, along the Bukit Timah corridor and terminate at Rochor Station, where passengers can connect at Bugis to DTL1.

60,000 students from 32 schools along DTL2 will also benefit when it opens six years later. The schools include Zhenghua Primary and Fajar Secondary at the northern end, and Lasalle SIA College and the Singapore Management University (SMU) in town. .................................

........................................................
LTA says the Rochor and Beauty World stations will have the most extensive work, with Rochor Canal and Upper Bukit Timah Road to be realigned.

But residents and merchants are happy that work on DTL2 has finally begun.

Currently, residents along the Bukit Timah corridor will have to take the bus and ride on the North-South or East-West Line to get to town or the east.

However with the completion of DTL2 in 2015, their journey will be reduced by 5 to 25 minutes, or up to 30% of the total travelling time.

Jughead
04-08-09, 15:25
In a few years, Singapore economy will be on track towards recovery. The MRT station will also be ready for opening. When the time comes, wow lau....property prices in Bukit Panjang will fly, HDB and Condo alike.... In fact, properties in Bukit Panjang is climbing upwards steadily..

maria
05-08-09, 15:01
Any idea of developer buying the plot of land at the bukit panjang for condo development. I understand there is interested developer for that plot of land . I think near end of petir road. I think future Mrt link to newton and bugis direct should be good for rental and for own stay.:)

egorg
07-08-09, 23:06
See:

Thu, Jul 23, 2009
The Straits Times


Developer set to bid $62m for Bt Panjang condo site

By Fiona Chan

EVER since the collapse of Lehman Brothers in the United States and Singapore's slide into recession, the Government has been unable to attract bids for residential development sites.

But yesterday - after 10 straight months without selling a single residential site - the Government said it had finally received an offer for a condominium parcel in Bukit Panjang.


An unnamed property developer has committed to bid at least $62 million for the 244,347 sq ft plot, in what consultants say is a further sign of the property market's rebound.

The 99-year leasehold site located along Chestnut Avenue has been sitting on the Government's reserve list since March last year. Sites on the reserve list are made available for sale, but are not launched for tender until a developer puts in a minimum bid.

Now that the Chestnut Avenue plot has been triggered for sale, it will be put up for tender by the Housing Board by the end of this week, HDB said yesterday.

The bid submitted works out to about $120 per sq ft (psf) of potential gross floor area, as compared with the $220 to $270 psf expected when the site was first made available in March last year.

Mr Li Hiaw Ho, executive director of CB Richard Ellis Research, thinks the final winning bid will be $150 to $160 psf of potential gross floor area, or $76 million to $82 million in total.

The Chestnut Avenue site can accommodate a development of about 450 units.

If sold, it will be the first state-owned residential development sale since Sept 10 last year - just before Lehman's demise - when a condo site at the junction of New Upper Changi Road and Tanah Merah Kechil Avenue went for $84 million.

A few days later, on Sept 16, the HDB launched an executive condominium site at Punggol Field, but found no takers.

Now that buyers are returning in large numbers to showflats, developers' confidence appears to be on the rise, according to consultants.

Home buyers have been snapping up more than 1,000 new homes each month since February, culminating in a record 1,825 new homes sold last month - even more than the number sold in August 2007, the peak of the boom two years ago.

Last week, owners of the freehold Dragon Mansion in Spottiswoode Park Road launched the year's first collective sale, with a bullish price tag of $120 million.

Yesterday's offer for Chestnut Avenue shows that there is renewed interest in the market, according to Jones Lang LaSalle's head of Singapore research Chua Yang Liang, who is still only cautiously optimistic.

'The market is stirring and some developers may be excited, but by and large I don't think there's an overall bullishness in the market,' he said.

And he predicts just a handful of bids for the Chestnut Avenue land.

'I'm not sure if the rest of the developers will bite, considering there is still uncertainty in the larger economy.'

The site is located near other property developments such as Maysprings, Cashew Heights Condominium and Hazel Park Condominium. In recent months, units at the 99-year leasehold Maysprings have been sold at just below $500 psf, while those at the other two condos - both freehold - have gone for $560 to $600 psf, said CB Richard Ellis Research's Mr Li.

He expects the developer who buys the Chestnut Avenue site to plan to sell finished units at more than $600 psf. Such entry-level private homes would be targeted at HDB upgraders - a promising segment of buyers unaffected by fears of a possible oversupply of mid-tier and high-end homes.

Analysts are anticipating more developers to resume buying land in the second half of this year, given that the Urban Redevelopment Authority has received inquiries about some of the other sites on its reserve list.

Also, as market sentiment improves, developers have started to pick up land meant for hotel and industrial development.

Earlier this month, $43.9 million was offered for a hotel site in New Bridge Road, prompting a public tender for the plot. And last month, 14 valid bids were received for a hotel site in Short Street.

This article was first published in The Straits Times.

Regulators
08-08-09, 00:38
if mayspring $400psf, i wil grab it tomorrow...:D

wreckwrx
10-08-09, 22:39
Went jogging this morning and passed by the actual site which is at the junction of Chestnut Ave and Petir Rd... No where near Maysprings nor Cashew Heights or even Hazel Park as these developments at the other end of Petir Rd (also the more "populated" end as well).

The new site is good for those that really like their greenery and serenity....

beverly
10-08-09, 23:13
Went jogging this morning and passed by the actual site which is at the junction of Chestnut Ave and Petir Rd... No where near Maysprings nor Cashew Heights or even Hazel Park as these developments at the other end of Petir Rd (also the more "populated" end as well).

The new site is good for those that really like their greenery and serenity....

It's near the ZhengHua park rite ?
Further down the road from Dairy Farm , all the way in till it hits near the express way I think ..
It's nowhere near MRT too.

Condorich
11-08-09, 00:16
It's near the ZhengHua park rite ?
Further down the road from Dairy Farm , all the way in till it hits near the express way I think ..
It's nowhere near MRT too.

Is it a quiet place? Will it be too near to the expressway?

moneymatters
12-08-09, 17:47
Back then, it did not even have LRT

A town centre, MRT station on the cards for once 'ulu' estate

05:55 AM Aug 12, 2009
by Alicia Wong


TWELVE years ago, it was a sleepy, out-of-the-way estate without even an LRT line.
That was back when Dr Teo Ho Pin was first elected as Member of Parliament for Bukit Panjang. Shortly after, life began to slowly flow into the estate, with the LRT starting its runs in 1999.
Come 2015, it will be connected directly to the MRT system when the Bukit Panjang station, to be located near Ten Mile Junction, is completed.
This, Dr Teo hopes, will spur the constituency's development - and his vision for its first town centre, finally.
As "the heart of the whole town", it would integrate bus, LRT and MRT services as well as commercial and business establishments, said Dr Teo, who is also Mayor for the North West District.
Drawing inspiration from the likes of Ang Mo Kio Hub and Jurong Point, he suggested setting up a lifestyle or entertainment hub for younger residents, "so they have choices. Instead of going to the city area, they can go to Bukit Panjang vicinity and have good food and entertainment".
Other than catering to its 51,000 current residents, a town centre could serve as a "magnet to bring in the people from other areas to increase vibrancy", he added.
Currently, there are two shopping malls and three neighbourhood shopping centres in the estate. A sports complex next to Pang Sua pond is to be completed by next May.
To integrate the transport services, Dr Teo suggested permanently locating the bus interchange between the MRT and LRT stations, which are about 75m apart. "That will be a very important MRT station for Bukit Panjang because it connects us to the whole country," he said.
He is working on long-term plans for the town and will give his feedback for a town centre to the Urban Redevelopment Authority.
Briefing the media yesterday on the transformation of Bukit Panjang over the past 12 years, Dr Teo cited the variety of amenities, such as a community club, library and garden. Five schools have been built, and lift upgrading works are two months to completion.
Overall, the town council has spent some $100 million on improving the estate. Some $8 million of this was drawn from its surplus while the remainder was subsidised by the Government.
Executive Fiona Koh, 22, who has lived in Bukit Panjang for about 10 years, recalled her difficulty in taking buses before the temporary bus interchange was built.
Now, with the upcoming MRT station and hopefully, a town centre, "people from other parts of country who refuse to come to Bukit Panjang because it's so ulu might have less reason to not come", she said.
Client relationship officer Veronica Goh, 28, said residents like herself, living further away from the MRT station, will have some difficulty travelling out of Bukit Panjang.
But having a town centre means residents can do their shopping there, instead of having to commute further, she noted.

moneymatters
12-08-09, 18:13
Something is definitely brewing. Transport Minister, Raymond Lim will be making a ministerial visit to Bukit Panjang on 30 August. Expect some official announcement regarding co-location of MRT, LRT, bus interchange including a commercial/retail/entertainment hub.:):cool:



***************************

ALL residents of HDB flats in Bukit Panjang constituency will have lifts that stop on every floor by November.
It caps a $100-million effort that has transformed the no-frills new town into a place with a string of amenities over 12 years, said Dr Teo Ho Pin, MP of the single-seat constituency.
He cited a long list that includes markets, places of worship, gardens as well as ramps and railings for the elderly and handicapped to move about freely.
'I'd say the town is almost mature with all the facilities,' he said on Tuesday, ahead of a ministerial visit to the ward on Aug 30 by Transport Minister Raymond Lim, who is also Second Minister for Foreign Affairs.
The one still-to-come significant change that will spur new development is an MRT station, said Dr Teo, noting that the Bukit Panjang station is scheduled to be open in 2015. It will give residents a direct link to the Central Business District.
But lift upgrading tops the ward's infrastructure development list, with more than $80 million going towards such works for 132 HDB blocks.
The Government pays between 75 and 90 per cent of the bill and the remaining 10 to 25 per cent is split between residents and the Holland-Bukit Panjang Town Council.
Besides the changes, Dr Teo also introduced 'green' initiatives to promote a pleasant living environment and save energy costs.
Among them are two community gardens, where residents grow vegetables such as sweet potatoes or chye sim for their own consumption.
In addition, solar energy lighting panels were installed on the top deck of a multi-storey carpark.

HCL
12-08-09, 21:48
[quote=moneymatters]Something is definitely brewing. Transport Minister, Raymond Lim will be making a ministerial visit to Bukit Panjang on 30 August. Expect some official announcement regarding co-location of MRT, LRT, bus interchange including a commercial/retail/entertainment hub.:):cool:


Not sure how feasible! I look at the 2008 Master Plan that is no new commercial building stated in the plan but a Reserve Site currently located at the bus interchange and the other side of the road. If the above mentioned is true, mostly will be at this Reserve Site

beverly
13-08-09, 09:01
Is it a quiet place? Will it be too near to the expressway?

Very quiet place , but not convenient in terms of public transport and no amenities, as it is even much further in than Dairy Farm .. if you drive along that main road along dairy farm, it is a straight road all the way in if I am not wrong.

moneymatters
19-08-09, 17:57
Provisional Tender Results – Sale of State Land Parcel Bukit Panjang S10a at Chestnut Avenue
http://www.hdb.gov.sg/fi10/fi10297p.nsf/ImageView/REDTITLEBAR/$file/TITLEBAR.gif

The Housing & Development Board (HDB), acting as a land sales agent for the Government, launched the sale of the land parcel Bukit Panjang S10a at Chestnut Avenue (http://www.hdb.gov.sg/fi10/fi10297p.nsf/ImageView/CORPORATE_PR_19082009_LOCATION_PLAN/$file/btp_s10a_location+plan.pdf)(248KB) on 23 Jul 09.

2The details of the subject land parcel:
LocationChestnut Avenue Land Area22,700.4 sq m Proposed DevelopmentCondominium Housing Allowable Gross Floor Area (GFA)
[approx. Gross Plot Ratio]47,670.84 sq m (max)
[2.1] Lease Term99 years Minimum Offer PriceS$62,000,000

3The tender closed at 12 noon today with 13 bids received. The details of the provisional tender results, which can also be viewed at http://www.hdb.gov.sg/hdblandsales, are:

S/N
Name of Tenderer
Tender Price
($)
$psm/GFA ($)

1
Sunny Vista Developments Pte. Ltd. And Hong Realty (Private) Limited
$143,680,000
3,014

2
Far East Square Pte. Ltd.
$129,100,000
2,708

3
Sim Lian Land Pte Ltd

$113,000,000
2,370

4
First Changi Development Pte Ltd
$93,380,000
1,959

5
Centurion Re Pte Ltd

$91,889,000
1,928

6
UIC Commodities Pte Ltd And Chappelis Pte Ltd
$90,008,888
1,888

7
Ho Bee Developments Pte Ltd

$87,819,000
1,842

8
Teambuild Properties Pte Ltd
$87,118,000
1,827

9
Allgreen Properties Limited
$86,990,000
1,825

10
Hoi Hup Realty Pte Ltd And Sunway Developments Pte Ltd
$86,600,000
1,817

11
Boon Keng Development Pte Ltd

$81,180,000
1,703

12
JBE Development Pte Ltd

$78,513,000
1,647

13
Frasers Centrepoint Limited

$77,000,000
1,615

4HDB will evaluate the provisional tender results and the tender will be awarded within the next 2 weeks.

egorg
19-08-09, 20:52
Who is Sunny Vista Developments Pte. Ltd - any idea?

moneymatters
19-08-09, 21:34
Who is Sunny Vista Developments Pte. Ltd - any idea?

Sunny Vista belongs to City Developments. Hong Realty is linked to Hong Leong group

Jughead
19-08-09, 21:34
Hey... Any idea how will this land sale impact Mayspring and Linear prices ?

jonleelk
19-08-09, 22:34
What is the equivalent $psf per plot ratio of the top bid? Anyone know how to convert?

moneymatters
20-08-09, 11:44
Hey... Any idea how will this land sale impact Mayspring and Linear prices ?

Think the official announcement regarding future plan for Bukit Panjang Town integrated transport/commercial/entertainment hub will have a larger impact on Maysprings and Linear prices. Understand the transport minister, Raymond Lim is making a ministerial visit on Aug 30.

moneymatters
20-08-09, 11:45
Hey... Any idea how will this land sale impact Mayspring and Linear prices ?

Think the official announcement regarding future plan for Bukit Panjang Town integrated transport/commercial/entertainment hub will have a larger impact on Maysprings and Linear prices. Understand the transport minister, Raymond Lim is making a ministerial visit on Aug 30.

maria
08-09-10, 19:11
Any news on the empty plot of land for development in front of Maysprings.? Want to know more about Bukit Panjang development cos I am not staying there but interested.

moneymatters
09-09-10, 04:16
Soil investigation almost completed for empty site adjacent to bus interchange and infront of Bukit Panjang LRT station. According to URA website, the details for Jelebu/Petir Road site under GLS reserve list is a mixed commercial/residential development. http://www.ura.gov.sg/sales/prog2H2010rlcomresi.html

peterng8
09-09-10, 09:44
Soil investigation almost completed for empty site adjacent to bus interchange and infront of Bukit Panjang LRT station. According to URA website, the details for Jelebu/Petir Road site under GLS reserve list is a mixed commercial/residential development. http://www.ura.gov.sg/sales/prog2H2010rlcomresi.html

another hot site near MRT station...next to the new condo to be built(present ten mile junction)..good good...:D

Money matter , thank you for the update...u value add alot to this thread ...

moneymatters
09-09-10, 10:16
http://www.ura.gov.sg/pr/graphics/2010/pr10-62a45.pdf

LTA has also awarded Lum Chang option to build another underpass link between future Bukit Panjang MRT station and existing LRT station

moneymatters
17-10-10, 19:05
Hot off the press! LTA confirmed in its (DTL 2 update) presentation yesterday that URA will tender site at Petir/Jelebu Road for purpose of building a fully integrated commercial/transport hub incorporating future Bukit Panjang MRT station with existing LRT station and bus interchange. A new sky bridge will be constructed linking the MRT/LRT/Bus interchange into a seamless transport hub. A shopping mall with condo development will be build adjacent to the integrated transport hub. Hope LTA will release the latest rendering to the public soon.

moneymatters
03-11-10, 18:23
The intersection of Choa Chu Kang and Woodlands Road looks set for a facelift as Far East Organization unveils a new mixed-development project that includes a shopping complex and a residential tower at the Ten Mile Junction site.

Far East unveiled the commercial component of the development yesterday, eight months after the company won the tender for the site. The developer is investing $28 million in Junction 10, a new mall, which will take up two storeys on the site.

Junction 10 will adopt a "new rail lifestyle" concept that is set for completion by the end of next year. The mall will sport a trendy decor theme that uses rail elements like timber sleepers, runners and rivets, the firm said.

"We are catering to community around the vicinity there. There are four major areas we are looking at, and together we are looking at maybe almost 400,000 residents around the area," said Mr Kelvin Ling, chief operating officer of Far East's Retail Business Group.

These areas include the Bukit Panjang, Upper Bukit Timah, Bukit Batok and Choa Chu Kang area.

Far East hopes to attract the middle income group between the age of 25 and 45 through the mall's shopping and dining options.

About 30 per cent of the space will be taken up by Giant hypermarket, while 40 to 60 per cent will be for F&B outlets and the rest for other lifestyle enrichment products and services.

"It's a viable concept for a mixed development within the area," said DMG analyst Brandon Lee.

The area has a high catchment of both HDB and private property residents, and the mall could generate good traffic, he said.

Junction 10 has 121,000 sq ft in gross floor area, with a net lettable area of 92,000 sq ft.

The current Ten Mile Junction has a net lettable area of about 81,000 sq ft.

Construction cost for the entire development including the commercial and residential component is estimated at about $100 million. It will consist of 16-storeys in total.

The residential portion of the project will have 338 chic Soho apartments located above the Junction 10. It will occupy levels five to 16 and will be launched in the first quarter of next year.

Far East Organization's Dollar Land Singapore unit won the Ten Mile Junction site in February with a bid of $164 million.
http://www.todayonline.com/App_Themes/Default/images/buttons/blackPiece.gif

moneymatters
26-11-10, 12:27
http://www.ura.gov.sg/pr/text/2010/pr10-138.html

kingkong1984
26-11-10, 12:33
http://www.ura.gov.sg/pr/text/2010/pr10-138.html

project completion 84 months = 7 years.. By TOP time, the MRT line is up already.

My Guess 300 to 500 units and rest for commercial.

moneymatters
26-11-10, 16:54
project completion 84 months = 7 years.. By TOP time, the MRT line is up already.

My Guess 300 to 500 units and rest for commercial.

345 units based on URA press release

TOKARA
28-02-14, 17:18
any update on this place? thinking of wacking one for own stay

terrynfs
01-03-14, 07:25
any update on this place? thinking of wacking one for own stay

it is hillion residences
http://forums.condosingapore.com/showthread.php?t=16722

roys108ucla
17-11-17, 17:31
Maysprings psf is between $690-950 (transacted), while across the road Hillion residence is 1,350-1,650 (transacted). That's almost at least 75% price differential! Maysprings maybe a older development but it is not that old (1998 TOP), what can be the explanation? Why hasn't the price move up, despite having the LRT, DTL, Bus terminal, 3 shopping centers at within 1 km radius. Sim Lian bought the land (Hillion) for $830psf back in 2011, so does that make Maysprings a good en-bloc potential?

yomyma
26-12-17, 17:15
I heard that Maysprings residents are talking about up for unbloc

rlskyline
17-06-19, 16:58
does anyone know what is the current total gross floor area for maysprings development now?
thinking of buying one unit for own stay, but also wanted to calculate what is the enbloc potential in the long run.
whether there is still unutilised gross floor area that can be used by enbloc


I heard that Maysprings residents are talking about up for unbloc

Arcachon
17-06-19, 17:18
does anyone know what is the current total gross floor area for maysprings development now?
thinking of buying one unit for own stay, but also wanted to calculate what is the enbloc potential in the long run.
whether there is still unutilised gross floor area that can be used by enbloc

http://www.squarefoot.com.sg/trends-and-analysis/residential?p=maysprings

Do you believe sharing from an agent or a small boy or little girl property investor?

annetyu
18-06-19, 08:46
http://www.squarefoot.com.sg/trends-and-analysis/residential?p=maysprings

Do you believe sharing from an agent or a small boy or little girl property investor?

Probably agent will be better but definitely not a mad old man.

annetyu
18-06-19, 08:56
does anyone know what is the current total gross floor area for maysprings development now?
thinking of buying one unit for own stay, but also wanted to calculate what is the enbloc potential in the long run.
whether there is still unutilised gross floor area that can be used by enbloc

Check URA masterplan map for plot ratio and do your own calculations. The nearby airbase will be there for the long run so do not expect an increase in height limit.

Agents will always say nice things to get you to buy. Like those who purchased Braddell View at high prices because of its supposedly "high en-bloc potential" as described by agents.

One tool to get an rough estimate is this calculator by edgeprop
https://www.edgeprop.sg/en-bloc-calculator

rlskyline
18-06-19, 09:26
Check URA masterplan map for plot ratio and do your own calculations. The nearby airbase will be there for the long run so do not expect an increase in height limit.

Agents will always say nice things to get you to buy. Like those who purchased Braddell View at high prices because of its supposedly "high en-bloc potential" as described by agents.

One tool to get an rough estimate is this calculator by edgeprop
https://www.edgeprop.sg/en-bloc-calculator

Thank you for your reply. yeah agree agents will always say nice things to make one buy. the typical sales pitch.