If you guys have followed my forum discussions, I have always emphasised that the Marine Parade/Amber/Meyer areas will be expensive prime properties in times to come.
This is because a future ERL mrt line will run from town down to Amber/Marine Parade and all the way to Changi Airport. This makes Marine Parade/Amber the most ideal place to stay cause firstly apart from its beautiful seaview front, it also has convenience in terms of transport with one straight mrt line from airport to home to town. In addition, it is also conveniently located near popular shopping malls like Parkway Parade, Katong I12 and more shopping malls coming along the way at the East Coast Road stretch - Roxy, East Village mall, Katong Shopping Centre (to be enbloc soon). I can safely bet that this area will be transformed into a mini Orchard Road. There are no other locations in Singapore where you can see a rich variety of Shopping Malls, Hotels and a good stretch of quality cuisine restaurants, cafes and food places all jumbled up together.
Not to mention, the freehold estate in Amber/Meyer will be the last freehold bastion properties fronting the seaview. Others are primarily leasehold properties and extremely unlikely the government or private developers (who gave leasehold status) would want to extend lease after 100 years unless the owners are willing to pay a huge price to renew lease.
In addition, very high probability with the coming of the ERL line and the already existing MCE expressway line, the government will build more ameneties (shopping, leisure and entertainment) along the east coast stretch. Big plans are on the drawing board for the Marina East area, some reliable sources are expecting a 3rd IR around this area (reclaimed land between Fort Road and Marina East area) facing a virgin (unutilised) beach.
Finally, families will be spoilt for choices of good schools from private international schools to good government schools like Dunman High, Victoria Junior College, Tanjong Katong Sec, etc etc etc.
Ultimately, Marine Parade is the only district in which I expect property prices will remain steady or slightly increase in the next 1 year. I can bet 100% on this.