The Marina Coastal Expressway - opening on Dec 29 2013

Telok Ayer

Telok Ayer Street is one of the most historical places in Singapore.  Telok Ayer is Malay for Bay Water. As the name implies, Telok Ayer was a coastal road along the bay some 200 years ago. Today, the whole bay area in front of Telok Ayer Street lies on reclaimed land. Over the years, Shenton Way and Marina South were reclaimed from the sea. Temples and mosques are plentiful at Telok Ayer, built by early Chinese and Muslim immigrants. The numerous religious and clan buildings on Telok Ayer Street testify to their importance in the past.

Come Dec 22 2013, there will be yet another significant event happening at Telok Ayer. There is a new MRT station opens at Telok Ayer. Telok Ayer MRT Station (DT18) is the name for an underground Mass Rapid Transit train station on the Downtown Line .

 

Thian Hock Keng Temple - oldest Chinese temple in Singapore
 

   


Thian Hock Keng



Nagore Durgha Shrine



Telok Ayer Street





The old waterfront at Telok Ayer in the 1800s



New MRT at Telok Ayer

photos taken with Fujifilm X100S

Next property hotspot – Kampong Bugis

The next property hotspot is slated to be Kampong Bugis in the Central Region. The key highlights for Kampong Bugis are:

1.      Non-gated Fenceless environment to promote community interactions

2.      Green housing where car-less environment is introduced

3.      River Taxis are introduced to reduce dependent on cars

4.      Walking and cycling are encouraged through abundant greeneries

URA news released

Master Plan 2013 – how does it affect you?

The draft Master Plan 2013 was released last week. As the dust settles, many of us ponder over how it may affect us in the coming years. Well, I personally have highlighted some areas that will affect me.

1.       National cycling plan

 

One of the ambitious projects is to create 700 km of cycling networks island wide.

There is always a cycling track near you!

 

 

 

 

 

2.       Car-less environment at Kampong Bugis

 

Kampong Bugis is slated to be more walkable community. This is a pilot area for car-less lifestyle and water taxi is introduced to make the environment more conducive for walking and cycling.

 

 

 

 

3.       Marina South

5 years ago, the focus was to develop Marina Bay. For Master Plan 2013, the gravity has shifted to Marina South.

All eyes are now on Marina South!

 

 

 

 

4.       Walking in the city

Stretching out under and across the city, an extensive pedestrian network of underground, surface and elevated linkways makes walking between MRT stations, offices, retail and public places

 

 

Have you visited the Master Plan 2013 at URA Gallery yet?

 

 

Visit URA Master Plan 2013 for details

Freehold not always better than leasehold

An analysis of the freehold and leasehold indices over the last three property cycles shows that out of the three up-cycles, the freehold index only outperformed the leasehold index over one cycle between 3Q2006 and 2Q2008. This was the period just before the global financial crisis, when the en bloc frenzy reached an all-time high in terms of number of deals and transaction values.

 
 

 

 

Article by Christine Li

still steady

Property price movement in relation to cooling measures

Can you remember all the cooling measures since 2009? Here is the list of all the measures.

a buffet of new launches

There will be a buffet of new launches coming your way. The two high profile ones are Marina One Residences and Duo Residences, jointly developed by Malaysia's Khazanah Nasional and Singapore's Temasek Holdings.

Sea front living at Jalan Loyang Besar

There is a hidden gem at Jalan Loyang Besar (aka JLB), situated at the far eastern tip of Singapore. It is priced very affordably as compared to those properties in East Coast. If you aspire to have a lifestyle near to the sea and yet do not wish to pay a hefty sum, go check out the properties at JLB. pm me should you need my service.

Here is a recent news article on JLB
Sea change as condos sprout in Jalan Loyang Besar

I have also posted some recent photos which I took in and around JLB with my Fujifilm X100S. Enjoy! :)



Quite and serene JLB

Riz Haven

Bluwaters


 

Bluwaters 2

Red House

 

Walk to the sea



Pasir Ris Park



walk to Pasir Ris Park





Fresh curbs on property loans

The 8th cooling measure (CM8) was announced last Friday evening by Monetary Authority of Singapore. Among other things, the borrowers now will have to be named as owners of the property. Banks must take into account a borrower's outstanding debts, including non-property ones such as a car loan, when granting him a property loan.

Read article here

Press release from MAS

Eunosville seeks $688m in collective sale bid

Here's the vital statistic of the of the Eunosville enbloc sale




Eunosville Enbloc Vital Statistics

News article here

Excel worksheet here

Related news
Yi Mei Garden Sold

The next big thing - ports consolidation

Some time back, there was an article published on the consolidation of all existing ports to Tuas mega port. Currently, there are 5 container ports - Brani, Keppel, Tanjong Pagar, Pasir Panjang T1 and T2. The consolidation will pave the way for the development of the next waterfront city at Tanjong Pagar that rivals the current Marina Bay. Potentially, land at Keppel and Tanjong Pagar could be very valuable due to the proximity to the city. The news on the ports consolidation coupled with the relocation of the former Railway Station will further enhance the value of Tanjong Pagar.

Tanjong Pagar will be the next hot spot.

 

Tuas Mega Port

 

News article here

Land use beyond 2030

Earlier this year, the Ministry of National Development has released the land use plan to support Singapore future population. The map released by MND illustrates the possible use of land beyond 2030. Here are a few interesting points to note from the map.

1.      There will be more land reclamation around the island to support the increase in population. The whole stretch of the current East Coast will be pushed out at least 1km into the sea.

2.      There will be a North Coast Innovation Corridor (comprising Woodlands, Seletar and Punggol) to support the north eastern residential region.

3.      Take a closer look at the map. Do you see a road leading to Pulau Ubin and Pulau Tekong? There may be plans beyond 2030 to develop the two islands into residential zone.

 

Check out the source from MND.

News article here

 

Cross Island Line

The Cross Island Line is by far the longest MRT Line when completed in 2030, spanning more 50km across the island from East to West. One very interesting point to note is, the line is bypassing the Central Business District. In the past all MRT Lines pass through the CBD. What is the impact of this move? In future, the CBD may be decentralized to other regions such as Woodlands and Jurong Lake District.

View article here.

Introduction

Dear friends and clients,

This blog is created to share with you regarding some hot property news. This is a subject which is close to everyone's heart. Some of the comments and opinions are formed by me and they are by no means 100% accurate. If you have any comments, do bring them up for discussion. Cheers!