Is your house on this definitive list?
The East Coast isn’t quite a prime spot for property, but all that is about to change thanks to the newly-unveiled Thomson-East Coast Line. A report released today by OrangeTee Research and Consultancy reveals the properties which are set to benefit from the new line.
According to the report, properties near the new MRT stations are expected to see higher rentals, which lead to potential capital appreciation.
For the Tanjong Rhu station, among the projects set to benefit are Casuarina Cove, Pebble Bay, Tanjong Ria Condominium, and Water Place. In Katong Park station, projects with potential capital appreciation include Meyer Residence, The Belvedere, The Line@Tanjong Rhu, and The Waterside.
Over at Amber Station, properties that stand to benefit are Aalto, Amber Point, Amber Skye, and King’s Mansion. Marine Parade station will benefit five projects, namely, Cote D’Azur, The Palladium, The Sea View, Parkway View, and Marine Blue.
Meanwhile, the construction of the Marine Terrace Station will benefit Grand Duchess at St Patrick’s, St Patrick’s Residences, D’Saville, and Seventy Saint Patrick’s. Siglap Station will benefit Elliot at the East Coast, Lagoon View, Laguna Park, and Villa Marina.
Three projects are set to benefit in Bayshore Station, namely, Bayshore Park, Costa del Sol, and The Bayshore. Rents may rise for Kew Green and Kew Residencia near Bedok South station.
Last but not least, the construction of Sungei Bedok station will benefit four projects, namely, Country Park Condominium, Eastwood Lodge, Fairmount Condominium, and Bagnall Court.
Reply With Quote
