After hearing NDR 2013, where would u choose to invest now?

[mermaid]

I am no engineer but in my mind, constructing a military airbase which will be mostly flat runways with low-rise air control towers and hangars/barracks is certainly less daunting than building a township or high-rise commercial buildings.

Demolishing and preparing PLA for tender bids is also going to be an relatively easier prospect as it is mostly flat land with just a few low rise buildings.

I would tend to agree that it might be a long drawn process if the land at Changi east has yet to be reclaimed but looking at the sat pics, it seems to be mostly there already.

construction & relocation wise definitely wun nid 10yrs but fm wat was gathered from PM's speech, the intention is not so soon ...

[thomastansb]

Near mah...

y do u feel Tanah merah will compliment Paya Lebar?

wat new development r u looking at @ Paya Lebar Central?

[equalizer]

construction & relocation wise definitely wun nid 10yrs but fm wat was gathered from PM's speech, the intention is not so soon ...

A long timeline is always mentioned to be on the safe side. From the speech, it seemed more like a reassurance that land can be mobilized quickly if required to meet the growing aspirations of Singaporeans.

To me, it actually seems quite doable in a relatively shorter frame of time. Its all a question of how urgent the need is or the brownie points they want to score (no intention of getting into a political discussion tho').

[mermaid]

A long timeline is always mentioned to be on the safe side. From the speech, it seemed more like a reassurance that land can be mobilized quickly if required to meet the growing aspirations of Singaporeans.

To me, it actually seems quite doable in a relatively shorter frame of time. Its all a question of how urgent the need is or the brownie points they want to score (no intention of getting into a political discussion tho').

put it tis way, yr boy/girlfriend tells u:
continue to love me, I will sure marry u 20 yrs later
方向遥远；意思浅浅

[fiat500]

What we want to see is something 5-10yrs down the road at most! Not something 20-25yrs from now..
By than, not sure PAP will still be around or not!

[amk]

all these grand plans are strategic directions the gov plan in long term. to give ppl hope and aspirations.

if you are going to plan your investment now based on these, you are really too excited.

[Wild Falcon]

i think all these developments at Paya Lebar would make all those 99LH condos at the far east of Singapore highly unattractive. If there is an avalanche of developments in Paya Lebar, who in the right mind would want to stay in Tampines or Punggol? Not forgetting all 99LH and far from town center and where there are going to have so many options nearer to town center, who would want to move to those places? There is no nature and no open spaces, the entire eastern part of Singapore would be where the the influx to hit 7 million population will be congregating. I think the airport actually add some open space to that area. Can't imagine it will become a horrible high rise town.

And imagine a 2 HDB towns the size of Bishan and Ang Mo Kio smacked between all the faraway eastside HDB and condos like Sengkang and Tanah Merah, those sure will die. With so many better options, who would want to go that far? unless those Indians working at Changi Business Park.

[mermaid]

i think all these developments at Paya Lebar would make all those 99LH condos at the far east of Singapore highly unattractive. If there is an avalanche of developments in Paya Lebar, who in the right mind would want to stay in Tampines or Punggol? Not forgetting all 99LH and far from town center and where there are going to have so many options nearer to town center, who would want to move to those places? There is no nature and no open spaces, the entire eastern part of Singapore would be where the the influx to hit 7 million population will be congregating. I think the airport actually add some open space to that area. Can't imagine it will become a horrible high rise town.

still will hv demands for the exteme east condos de la --> the not so talented locals lor, haha ...

paya lebar is freed up for the 1mil rich FT leh, u tink until where liao!

[earthling]

There is already a beautiful little gem sitting right in the middle of the east region

[flxcat]

I will buy the forgotten Tg Rhu condo belt where Pebble Bay is. Quantum is bigger due to its large apartment size, but psf is quite close to many newly launched RCR or even some OCR condo.

[3C]

Wait for one more big announcement. If this is confirmed far east will huat from east to west. Is good that many still has doubt in the east. This will slow the rise until I accumulate my bullets.

[walkthetiger]

Wait for one more big announcement. If this is confirmed far east will huat from east to west. Is good that many still has doubt in the east. This will slow the rise until I accumulate my bullets.

MRT line again.

[minority]

I say best by is change. u all miss the jewel of the east.

[henryhk]

Yes, other than the Jurong gateway now, the west is like shit.....hardly much development......I stay west feel so neglected, tats why after initial investment in the west....I wack Minton and Nin condo, many agents say the east got the rich people, must buy there...in future for my kids, I will still buy condo there, I will not be able to enjoy the development but we should always put our $ in a growth market, ....this is wat I learn punting and cheonging the market...

[leonglp]

Probably would be good to avoid Pasir Panjang from now on....

1. Harbour view no more.
2. May replace with high rise condos that block your current 'sea view'.
3. Agents start to sell current Pasir Panjang @future prices.

Jurong rental prices may go even higher with Tuas West development

[jslee78]

Beijing vs shanghai, Sydney vs Melbourne, Saigon vs Hanoi , east Malaysia vs west Malaysia, northern china vs southern china, now western spore vs eastern spore, Are the divide between them man made or natural? The argument will continue forever.

[ecimbew]

i think all these developments at Paya Lebar would make all those 99LH condos at the far east of Singapore highly unattractive. If there is an avalanche of developments in Paya Lebar, who in the right mind would want to stay in Tampines or Punggol? Not forgetting all 99LH and far from town center and where there are going to have so many options nearer to town center, who would want to move to those places? There is no nature and no open spaces, the entire eastern part of Singapore would be where the the influx to hit 7 million population will be congregating. I think the airport actually add some open space to that area. Can't imagine it will become a horrible high rise town.

And imagine a 2 HDB towns the size of Bishan and Ang Mo Kio smacked between all the faraway eastside HDB and condos like Sengkang and Tanah Merah, those sure will die. With so many better options, who would want to go that far? unless those Indians working at Changi Business Park.

I see possibility of additional expressway and mrt line.

[ecimbew]

Beijing vs shanghai, Sydney vs Melbourne, Saigon vs Hanoi , east Malaysia vs west Malaysia, northern china vs southern china, now western spore vs eastern spore, Are the divide between them man made or natural? The argument will continue forever.

Correct

Singapore is so small. What are we discussing about exactly? 100m away from mrt station? 5km to city hall?

[mermaid]

Probably would be good to avoid Pasir Panjang from now on....

1. Harbour view no more.
2. May replace with high rise condos that block your current 'sea view'.
3. Agents start to sell current Pasir Panjang @future prices.

Jurong rental prices may go even higher with Tuas West development

jurong $ can be marketed higher with Tuas West development. but whether buyers r willing to pay for such a premium or not is another qn ...
personally I dun really like residential to be too near industrial ...

[thomastansb]

Ya. I would not want either. Somemore, Tuas is the future port. The air there will be really bad. Wuldn't want to risk my health.

jurong $ can be marketed higher with Tuas West development. but whether buyers r willing to pay for such a premium or not is another qn ...
personally I dun really like residential to be too near industrial ...

[mermaid]

Ya. I would not want either. Somemore, Tuas is the future port. The air there will be really bad. Wuldn't want to risk my health.

in the past, west is - inconvenient, quite polluted but cheap.
in future the west will be - inconvenient, toxic & expensive

[clemdale24]

in the past, west is - inconvenient, quite polluted but cheap.
in future the west will be - inconvenient, toxic & expensive

After all this talk about PLAB, does anyone realise that it will take years, most likely decades for it to eventualise? someone previously cited punggol as an example. it was first mentioned in 1996, and today, it is at best half accomplished. Quite a few years ahead of more construction work and development.

As for where to invest... i think its safe to say investing anywhere in the east will make u a profit in the future. be it northeast, east coast, or far east. my personal opinion is that the areas in between PLAB and the city will benefit most in the long run - this refers to areas like geylang, dakota, marine parade, bendemeer, potong pasir, bartley. (Price) comparison will always be made between PLAB homes and homes in btw PLAB and the city. I think what most ppl are forgetting is the impending annoucement of the ERL, which is more likely to affect prices in the shorter term than PLAB. east coast residents will stand to gain from this.

As for the west, well, i cannot say much as ive never lived in the west. Jurong "may" make it in time to come. no one knows and only time will tell. J gateway price of $1400-$1700 might seem crazy now, but may be it wont in the future. and if jurong makes it, certainly all property in btw jurong and the city will increase in price too. So i dont know.. let's see.

[mermaid]

After all this talk about PLAB, does anyone realise that it will take years, most likely decades for it to eventualise?

agree, but put it tis way. 20yrs later, a 40yrs old ppty near PLAB vs a 40yrs old ppty in eg west/north ... which one better?

J gateway price of $1400-$1700 might seem crazy now, but may be it wont in the future. and if jurong makes it, certainly all property in btw jurong and the city will increase in price too. So i dont know.. let's see.

I nvr deny the fact tat J gateway will able to hit eg $2000psf say 3 yrs later, earning a profit of $300psf (assume $2000 - $1700). However, while Jurong is collecting such profit, other projects in CCR/RCR might hv alrdy collected a way higher profit 3 yrs later.

[k00L]

I think this is how it works

1. Mr LHL sells a grand-vision
2. Everyone gets excited and now talks about where to invest
3. Developers hear the cue and starting bidding up the land at even higher price
Agents promote the primary launches saying it is near paya labar, southern city, changi, bidadari, tengah, north innovation corridor, etc - now every piece of land in Singapore is near some promising pot of gold - and condo gets sold out like Jgateway
4. Higher land sales proceeds go into National reserves
5. HDB runs ever higher deficit due to more grants given to 2/3/4-room buyers
6. National reserves pay HDB to fund these grants

Very nice way to transfer wealth from condo buyers to HDB first-timers - kudos to our government!

[Arcachon]

[Arcachon]

After all this talk about PLAB, does anyone realise that it will take years, most likely decades for it to eventualise? someone previously cited punggol as an example. it was first mentioned in 1996, and today, it is at best half accomplished. Quite a few years ahead of more construction work and development.

Runway and Shelters completed.

Metal & Fabric Aircraft Shelters



http://www.edlconstruction.com/aircr...tersbckup.html

http://goo.gl/maps/09Cy0

KC and folker

http://goo.gl/maps/jnasq

[Arcachon]

Very nice way to transfer wealth from condo buyers to HDB first-timers - kudos to our government!

Don't understand, how condo buyers transfer wealth.

When I buy Jun 2006 2 Bedroom at Southbank for SGD 535,000 who transfer to me.

[Arcachon]

I am no engineer but in my mind, constructing a military airbase which will be mostly flat runways with low-rise air control towers and hangars/barracks is certainly less daunting than building a township or high-rise commercial buildings.

Demolishing and preparing PLA for tender bids is also going to be an relatively easier prospect as it is mostly flat land with just a few low rise buildings.

I would tend to agree that it might be a long drawn process if the land at Changi east has yet to be reclaimed but looking at the sat pics, it seems to be mostly there already.

28 parking slot ready at Changi.

http://goo.gl/maps/zjhrH

[mermaid]

I think this is how it works

1. Mr LHL sells a grand-vision
2. Everyone gets excited and now talks about where to invest
3. Developers hear the cue and starting bidding up the land at even higher price
Agents promote the primary launches saying it is near paya labar, southern city, changi, bidadari, tengah, north innovation corridor, etc - now every piece of land in Singapore is near some promising pot of gold - and condo gets sold out like Jgateway
4. Higher land sales proceeds go into National reserves
5. HDB runs ever higher deficit due to more grants given to 2/3/4-room buyers
6. National reserves pay HDB to fund these grants

Very nice way to transfer wealth from condo buyers to HDB first-timers - kudos to our government!

hey! u hv pieced up the puzzle!

[minority]

Don't understand, how condo buyers transfer wealth.

When I buy Jun 2006 2 Bedroom at Southbank for SGD 535,000 who transfer to me.

how much is south bank now?