Changing face of East Coast

by Albert02

Changing face of East Coast

Changing face of East Coast. Singapore’s East Region was highlighted in the recent URA exhibition “Spaces for our Dreams,” which opened on June 6 for the Long Term Plan Review. One of these is the “Long Island,” which spans from Marine East to Changi along the southeast coast.

One of the many solutions being investigated for the Long Island is the integration of coastal protection measures with anticipated future reclamation. the construction of a new reservoir is part of an effort to increase Singapore’s food and water resilience. The Long Island could also be developed for brand-new homes and coupled with coastal recreation zones. A reclaimed island with waterfront houses and recreational opportunities was originally the goal in the 1991 Concept Plan.

The East Coast region has a long history of reclamation. From the 1960s to the 1980s, a large number of housing estates at Marine Parade and Bedok South, including Bayshore, were constructed on reclaimed ground. This reclamation included the creation of the 185 ha East Coast Park, which has a 15 km coastline. The first HDB housing estate in Singapore constructed on reclaimed ground was Marine Parade. Around 7,862 HDB flats have been erected since the first HDB blocks were constructed on Marine Parade in 1972. A five-room apartment with an unobstructed view of the ocean in Marine Parade sold for $1.01 million in July. This is true even if the apartment is just 51 years old with a 47-year-old lease.

With the MRT stations opening in Phase 4 of the Thomson-East Coast Line, one of the reasons for the excitement is the prospect for more price increases (TEL). From Founders’ Memorial to Sungei Bedok, the ten new stations that make up Phases 4 and 5 are anticipated to open in 2024 or 2025.

Click the image to read the full details of report.
Source:
https://www.edgeprop.sg/property-news/changing-face-east-coast


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