FAR EAST WAITING FOR LTA ANNOUNCEMENT ON EASTERN REGIONAL MRT LINE BEFORE LAUNCHING

[ezonme]

What's new and exclusive?!
By 2020, even my beloved rambutan and penggang hill will have a mrt station!

[Shawn]

Far East is the grand daddy of Singapore's property market and if they do not know the location of the mrt firsthand before making a landbank investment, then they must be idiot. And Singapore government wont even get to sell their land if they do not release some vital info to the big property investors.

And Far East snapping up land all around the Amber roundabout tell u a big story of the potential of the area. All the well-informed investors know that an mrt station will jut out somewhere near Parkway and Silversea. They cannot build inland as there is already an mrt line near Dakota, Mountbatten etc just 1 km inward.

It is already known that the Singapore government has extensive plan for the East Coast area, and it wants to make the east coast park and beach easily accessible to the public with proper transportation and new mrt line. So ask youself where could the line be located ???

Obviously, one mrt station will be right in front of Silversea and near the roundabout area which is also close to Parkway vicinity. And the mrt lines will run through Marine Parade all the way to Bayshore area. You dont need a rocket scientist to tell u this...just use a little of common sense.

[Shawn]

What's new and exclusive?!
By 2020, even my beloved rambutan and penggang hill will have a mrt station!

The Eastern Regional MRT Line will be the last and the most comprehensive of all the mrt lines in Singapore. This is because this line will virtually connect Changi Airport to Marine Parade to Amber Road to Marina Bay Sands to Harborfront (Sentosa) by one line with no need for interchange like some of the existing lines. In addition, this line will also connect Singaporeans to the East Coast park beach and recreational areas, not to mention reliable rumors that I got the government might open Marina East to a 3rd IR project in 2017.


Dont forget that the Malaysia-Singapore JV in Marina East as well for a big project they havent announced yet but coming in the next 1-2 years time. The government is also building Singapore's largest cruise harbor near Marina South.

So do u think by then all those projects at prime D15 just in front of the seacoast will still be selling around $1600psf ??? Think again carefully.

[hyenergix]

I agree. For big projects like MRT, actually many big developers and contractors roughly know the locations, just that they pretend not to know and secretly buy up the land before the public knows the full picture.

[price]

You're spot on.
Remember when this ERL is completed (which is btw almost a decade away) everyone else has a MRT station already. So it's probably no significant advantage already.

West side not that many mrt lines

[hopeful]

SHK brothers called up by ICAC.
Will this happen in Singapore??
perhaps they exert undue influence to put an MRT station in that area.......

[DKSG]

Far East is the grand daddy of Singapore's property market and if they do not know the location of the mrt firsthand before making a landbank investment, then they must be idiot. And Singapore government wont even get to sell their land if they do not release some vital info to the big property investors.

And Far East snapping up land all around the Amber roundabout tell u a big story of the potential of the area. All the well-informed investors know that an mrt station will jut out somewhere near Parkway and Silversea. They cannot build inland as there is already an mrt line near Dakota, Mountbatten etc just 1 km inward.

It is already known that the Singapore government has extensive plan for the East Coast area, and it wants to make the east coast park and beach easily accessible to the public with proper transportation and new mrt line. So ask youself where could the line be located ???

Obviously, one mrt station will be right in front of Silversea and near the roundabout area which is also close to Parkway vicinity. And the mrt lines will run through Marine Parade all the way to Bayshore area. You dont need a rocket scientist to tell u this...just use a little of common sense.

Shawn is indeed a Subject Matter Expert for this topic.

Any further news or information on the date they are releasing the exact location ? This info will be useful to all as it will serve as a deadline for those who want to buy prior to the newspaper announcements. Coz by then, prices will up at least 10% from last done.

DKSG

[radha08]

What's new and exclusive?!
By 2020, even my beloved rambutan and penggang hill will have a mrt station!

have you ever wondered why we must serve....

[eng81157]

FEO's aggressive and focused land banking in marine parade indicates they are either on to something, or grossly miscalculated. My bet is on the former.

when the developer is 'monopolizing' the landbank in that area, they pretty much call the shots for pricing. unlikely to be a mis-step, as what you have suggested

[Wild Falcon]

If by 2020 still got to take MRT to work, then its sad. Got MRT is not necessary boon leh. Look at Holland V, after MRT, business goes down.
And of course have to live with construction and traffic diversion. Not fun. And marine soil area better not dig too much. Goodness knows if another nicoll highway accident (Nicoll Highway on reclaimed land) which will delay the construction by another 5 years. I actually think our govt should build overhead MRT along the East Coast - because most are reclaimed land - not real hinterland with weak foundations. Better safe than sorry, esp with so much earthquakes nowadays.

[Rosegarden]

Shawn is indeed a Subject Matter Expert for this topic.

Any further news or information on the date they are releasing the exact location ? This info will be useful to all as it will serve as a deadline for those who want to buy prior to the newspaper announcements. Coz by then, prices will up at least 10% from last done.

DKSG

It is quite clear isn't it? Your subject matter expert has revealed that the ERL is the last and most important line, and it will stop right in front of Silversea. Quick! Act now! before the announcement!

I will discount radha08's prediction that it will stop right infront of his HDB, since he is not an expert. Ha ha ha ha ha ha ......

[Shawn]

Shawn is indeed a Subject Matter Expert for this topic.

Any further news or information on the date they are releasing the exact location ? This info will be useful to all as it will serve as a deadline for those who want to buy prior to the newspaper announcements. Coz by then, prices will up at least 10% from last done.

DKSG

Do you realise that the government has also proportioned the land near Fort Road into many smaller parcels. Obviously, it is getting ready to develop this area called 'Marina East'. And Marina East is actually in prime D15 which is just across Meyer Road. Or perhaps the government might come up with a new district with this location.

Bear in mind that the Marina Coastal Expressway will be completed in 2013, an Eastern Regional MRT Line will be announced shortly in late 2012 or early 2013 just before the expressway completion or just after.

Marina East has the last and only spot of unspoilt beach/seaside in Singapore, which the government will use wisely for development. The rumor going on is that it might open a large parcel of this spot for a 3rd IR development with a sea and private beach location. We might have a resort with a small casino component there.

So D15 prices especially those developments near Meyer, Tanjong Rhu and Amber Road will see their psf prices up by 15-20% within 2 years from now after the announcement of the new MRT line and the completion of the Marina Expressway. And with the IR announcement in 2016, another 10-20% up. That's my bet but I am always right.

[hyenergix]

Do you realise that the government has also proportioned the land near Fort Road into many smaller parcels. Obviously, it is getting ready to develop this area called 'Marina East'. And Marina East is actually in prime D15 which is just across Meyer Road. Or perhaps the government might come up with a new district with this location.

Bear in mind that the Marina Coastal Expressway will be completed in 2013, an Eastern Regional MRT Line will be announced shortly in late 2012 or early 2013 just before the expressway completion or just after.

Marina East has the last and only spot of unspoilt beach/seaside in Singapore, which the government will use wisely for development. The rumor going on is that it might open a large parcel of this spot for a 3rd IR development with a sea and private beach location. We might have a resort with a small casino component there.

So D15 prices especially those developments near Meyer, Tanjong Rhu and Amber Road will see their psf prices up by 15-20% within 2 years from now after the announcement of the new MRT line and the completion of the Marina Expressway. And with the IR announcement in 2016, another 10-20% up. That's my bet but I am always right.

If 3rd IR is opened, there will be a public outcry. Politically this is very dangerous for the ruling party.

[hopeful]

Do you realise that the government has also proportioned the land near Fort Road into many smaller parcels. Obviously, it is getting ready to develop this area called 'Marina East'. And Marina East is actually in prime D15 which is just across Meyer Road. Or perhaps the government might come up with a new district with this location.

Bear in mind that the Marina Coastal Expressway will be completed in 2013, an Eastern Regional MRT Line will be announced shortly in late 2012 or early 2013 just before the expressway completion or just after.

Marina East has the last and only spot of unspoilt beach/seaside in Singapore, which the government will use wisely for development. The rumor going on is that it might open a large parcel of this spot for a 3rd IR development with a sea and private beach location. We might have a resort with a small casino component there.

So D15 prices especially those developments near Meyer, Tanjong Rhu and Amber Road will see their psf prices up by 15-20% within 2 years from now after the announcement of the new MRT line and the completion of the Marina Expressway. And with the IR announcement in 2016, another 10-20% up. That's my bet but I am always right.

in the posting, you only post 1 thing that can be verified,
so i quickly check onemap, no leh, still one big lot, MK25-06860A, havent partitioned yet.
the new district will be district 29?

hi shawn, i am more interested in rental rather than capital gains, will rental psf goes up when new ERL announced?