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Thread: Impact of Circle line

  1. #1
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    Default Impact of Circle line

    I think people are still new to circle line. I sat in it with my family over the weekend and looked hard at its stations and where it comes out at each station. I think circle line will have a big impact on Singapore and the property market in future.

    Circle line is literally a circle that links up all the city fringe residential estates. It also allows people to bypass having to go to city hall to change. Yet, the beauty of the line is that it actually does go to Raffles city!

    You come out at Esplanade MRT, and there is an exit (not open yet), that connects directly to Raffles city.

    So, you have a very well connected line that will allow people to bypass the very busy city hall and Raffles place, yet, if you want, you can still go to places like Suntec City, Indoor Stadium, Dhoby Ghaut via the circle line.

    When stage 3 is completed, it will go straight to harbour front, and when the downtown extension to Bayfront MRT is completed, it will link to the Marina casino as well.

    This makes property along the circle very valuable because the circle line will be one of the best lines to be on. Since it connects to as many as 6 other stations to other lines or extension. (Bishan, Buona Vista, Paya Lebar, Serangoon, Promenade, Dhoby Ghaut), it is also one of the best connected lines in Singapore.

    The best areas will be places like Bouna Vista, Bishan and Peya Lebar, which are where you can change between circle line and either the North South Line or the North East Line, both of which are the key MRT lines right now. I think

    I am also curious about Nicoll Highway station. Area around it is rather empty at this point. Previously, people might not want to be right next to a highway. But in future, maybe their views will change. Nicoll highway station has a lot of development potential and big plots of empty land nearby. And it faces the sea too.

    What do you all think?

  2. #2
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    Default MRT

    Living near to MRT is definitely advantageous. You look at mature cities like HK, London, Paris, NY.....Singapore will become like them. Even for the people who drive it is advantageous to live near MRT. I recall times when I regretted driving to the ND fireworks or F1 race. The situation will only get worse with population increasing.

    I see the day when there is a wide network of mrt across Singapore, and everytime the network expands all those who live near stations benefit, even those who live near old stations benefit from the increased coverage.

    I recall as a youngster I used to complain that car prices were high in Singapore and I had no choice but to but a car because the public transport was not good. Frankly that is changing now. As an executive or professional I have no issue taking the train, but not the bus.

    Watch the upcoming lines, circle, DTL etc. You will see the positive impact for sure.
    Last edited by Localite; 21-04-10 at 12:12. Reason: some additions

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    We can all learn from our History or Geography lessons back in sec sch days. If you study settlement patterns, people used to settle at river confluence, alongside major railroads and stations and road junctions etc. It's all common sense to stay where it is accessible, in a developing society.

    However, in a very matured developed country, people's attitudes and desires change - they may seek greener (literally) pastures further out from the accessible areas for peace and quiet, especially when they already work in the dead centre of the city during the day time. I for one can't really imagine working in SGX and staying at 76 Shenton. Day in day out the same environment... unless got 'weekend' home that's another story.

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    D18 to benefit most.

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    Quote Originally Posted by mcmlxxvi
    However, in a very matured developed country, people's attitudes and desires change - they may seek greener (literally) pastures further out from the accessible areas for peace and quiet, especially when they already work in the dead centre of the city during the day time. I for one can't really imagine working in SGX and staying at 76 Shenton. Day in day out the same environment... unless got 'weekend' home that's another story.
    Not sure if this is true. I would imagine residential plots in Manhattan and Central London would be still highly desirable, as compared to the outskirts and outlying greener pastures. The prices could be drastically different.

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    Think most folks who owned houses in developed countries will stay away from the main city, due to the property high prices, and commute 1-2 hours daily to work. Its mainly the younger working adults, who do not own their own homes who will rent apartments in the city, until such time that they are ready to buy, but likelihood is that it will be in the outskirts.

    Quote Originally Posted by urban
    Not sure if this is true. I would imagine residential plots in Manhattan and Central London would be still highly desirable, as compared to the outskirts and outlying greener pastures. The prices could be drastically different.
    BE CENTRED BY ALL AT THE FRINGE OF THE CITY @

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    Quote Originally Posted by tanumy
    D18 to benefit most.

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    Quote Originally Posted by urban
    Not sure if this is true. I would imagine residential plots in Manhattan and Central London would be still highly desirable, as compared to the outskirts and outlying greener pastures. The prices could be drastically different.
    It's not going to happen (as in drastically different prices) in tiny Singapore. Everywhere is near unless you are talking about the extreme north / east / west areas...

    And who knows, we may have more MRT stations than public bus stops in future!

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    Quote Originally Posted by mcmlxxvi
    We can all learn from our History or Geography lessons back in sec sch days. If you study settlement patterns, people used to settle at river confluence, alongside major railroads and stations and road junctions etc. It's all common sense to stay where it is accessible, in a developing society.

    However, in a very matured developed country, people's attitudes and desires change - they may seek greener (literally) pastures further out from the accessible areas for peace and quiet, especially when they already work in the dead centre of the city during the day time. I for one can't really imagine working in SGX and staying at 76 Shenton. Day in day out the same environment... unless got 'weekend' home that's another story.
    Agree, people even buy houses in the suburbans for summer / winter vacations only in the western countries.

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    Quote Originally Posted by Blue
    It's not going to happen (as in drastically different prices) in tiny Singapore. Everywhere is near unless you are talking about the extreme north / east / west areas...

    And who knows, we may have more MRT stations than public bus stops in future!
    But its already happening. Resale HDB flats in woodlands are selling for a different price compared to HDB flats in Queenstown. And look at some of the record prices in Bishan recently. Bishan isn't even that near the city. Its just happens to be the main transport hub linking the circle line and the North South Line.

    I think if one 4 room resales flat goes for $350,000 while another fetches close to $700,000 simply because of location, that's a pretty big drastic difference in price!

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    Quote Originally Posted by Eldenfirefly
    But its already happening. Resale HDB flats in woodlands are selling for a different price compared to HDB flats in Queenstown. And look at some of the record prices in Bishan recently. Bishan isn't even that near the city. Its just happens to be the main transport hub linking the circle line and the North South Line.

    I think if one 4 room resales flat goes for $350,000 while another fetches close to $700,000 simply because of location, that's a pretty big drastic difference in price!
    Guess your definition of "drastic" is different from mine. I'm talking about at least 10 times the difference in prices while you are thinking 2 times.

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    Look at developed countries like UK and France you will know. In Paris, the public transport mix of tram and underground etc is so developed that you practically don't need to take bus in inner zone. Yet inner zone property prices are several times that of outer zone. We are not even talking about suburb of France, just Paris alone! Same for London. Singapore is about the size of London and will still be the same. Singapore can develop MRT as dense as Paris and still property in Central area (CCR) will still be several times that of OCR. Forever!
    Try talking to Parisians and Londoners and they will tell you they live in outskirt not because they like it but because they can't afford the central properties!

    Quote Originally Posted by Eldenfirefly
    But its already happening. Resale HDB flats in woodlands are selling for a different price compared to HDB flats in Queenstown. And look at some of the record prices in Bishan recently. Bishan isn't even that near the city. Its just happens to be the main transport hub linking the circle line and the North South Line.

    I think if one 4 room resales flat goes for $350,000 while another fetches close to $700,000 simply because of location, that's a pretty big drastic difference in price!

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    Quote Originally Posted by teddybear
    Look at developed countries like UK and France you will know. In Paris, the public transport mix of tram and underground etc is so developed that you practically don't need to take bus in inner zone. Yet inner zone property prices are several times that of outer zone. We are not even talking about suburb of France, just Paris alone! Same for London. Singapore is about the size of London and will still be the same. Singapore can develop MRT as dense as Paris and still property in Central area (CCR) will still be several times that of OCR. Forever!
    Try talking to Parisians and Londoners and they will tell you they live in outskirt not because they like it but because they can't afford the central properties!
    That's true. It's not so much the travelling time but the prestige of association.

    It's for this reason that Admiralty Hill failed while Dempsey Hill succeeded.

    It's always "cooler" to be seen having supper with a colleague staying behind Dempsey Hill who popped over in slippers, than it is to be seen with a colleague staying behind Admiralty Hill who popped over in slippers.

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    Quote Originally Posted by tanumy
    D18 to benefit most.
    East? Why said so?

    Probably the the city fringe will be the 1st to taste the sweetness of circle line...

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    Quote Originally Posted by jlrx
    That's true. It's not so much the travelling time but the prestige of association.

    It's for this reason that Admiralty Hill failed while Dempsey Hill succeeded.

    It's always "cooler" to be seen having supper with a colleague staying behind Dempsey Hill who popped over in slippers, than it is to be seen with a colleague staying behind Admiralty Hill who popped over in slippers.
    Just like Emerald Hill vs Emily Hill in Singapore

    Wearing slippers and walk around Emerald Hill - People think you are filthy rich

    Wearing slippers and walk around Emily Hill - People think you are OKT?

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    Default Impact of circle line

    Quote Originally Posted by Blue
    Just like Emerald Hill vs Emily Hill in Singapore

    Wearing slippers and walk around Emerald Hill - People think you are filthy rich

    Wearing slippers and walk around Emily Hill - People think you are OKT?
    Dunno this COLOUR been to Siglap hill? Probably even worse than walking in slippers....no one even want to be seen there...

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    Default impact of circle line

    Quote Originally Posted by teddybear
    Look at developed countries like UK and France you will know. In Paris, the public transport mix of tram and underground etc is so developed that you practically don't need to take bus in inner zone. Yet inner zone property prices are several times that of outer zone. We are not even talking about suburb of France, just Paris alone! Same for London. Singapore is about the size of London and will still be the same. Singapore can develop MRT as dense as Paris and still property in Central area (CCR) will still be several times that of OCR. Forever!
    Try talking to Parisians and Londoners and they will tell you they live in outskirt not because they like it but because they can't afford the central properties!
    I agree with Teddy...some people in this forum keeps insisting that Singapore is small and so, there should be no major differences in prices....those people can keep dreaming cos there will always be differences as in other major cities...

    I totally agree that this kind of mindset is what we call sour grapes syndrone...they simply cannot afford the higher prices in better locations and keeps harbouring the thought and wishes that the price is similar..afterall, Singapore is such a small place...it will happen ...ya right....in the dreams....

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    Seems like a serene landed home in Singapore (Bukit Timah, Seletar etc) and possibly a villa in Bali overlooking sea, paddi fields and volcano (cost less than US$400k !) is a good combination for living....


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