Which project? Why sad? I think everyone already know they are building an MRT over there just don't know when.
I've seen the Canberra project area - even went down the road along the longkang to Simpang side. It's quite far from Yishun Ave 1, even in off peak hours, drive over there also takes 10 minutes. There's an industrial area on the other side of the longkang and that's about all to that place.
Simpang will be developed into waterfront new town iirc maybe something like Carribean at Keppel Bay. Admiralty Road East will be extended all the way downwards to Yishun Ave 1 iirc. I just wonder if the small row of shophouses at the junction there be demolished or not in the future.
Not just any units that are on the main road will be good because you face noise pollution from the motor vehicles and railway tracks.
2-Room units of Eastlace @ Canberra was the more popular choice in the beginning and the first to sold out as compared to Eastcrown @ Canberra. If one can turn back the clock, I think many buyers of Eastlace will choose Eastcrown instead now. It's all about putting the time in for research and you'll get rewarded.
Those working around Woodlands and Yishun area will favour Sembawang.
Buyers who are willing to pay more will choose to stay in mature estates. Buyers who are on a budget or invest economically will choose to stay in non mature estates. Any property that is very near to MRT Stations will always have high demand. There's a unique selling point which not every property will have.
According to Population White Paper 2013 the projected population will be 5.8 - 6 million by 2020 and 6.5 - 6.9 million by 2030!
I don't think the country is ready to support such a big population. Probably areas like LCK or Pulau Ubin will be developed into a new estate.
Do you think the area I live has a good selling point?
1) lively area
2) if the new town is a square, I am at the top left corner. MRT in the middle. 15min walk
3) multiple bus services going to/pass by MRT station
4) multiple bus services going to north, east and central of SG
5) future NSE viaduct beside my area
Major beneficiaries of the opening of Canberra MRT Station. Estimation based on the centre position of Point A & B and travelling on existing roads.
Canberra MRT Station to Sembawang Shopping Centre 500m
Canberra MRT Station to Canberra Residences (TOP Q4 2018) 600m
Canberra MRT Station to The Nautical (TOP Q1 2019) 600m
Canberra MRT Station to Yishun Sapphire 280m
Canberra MRT Station to Yishun Emerald 400m
Canberra MRT Station to One Canberra (TOP Q4 2015) 600m
Canberra MRT Station to Eight Courtyards (TOP Q3 2015) 550m
Canberra MRT Station to Eastlace @ Canberra (TOP Q2 2017) 360m
Canberra MRT Station to Eastlawn @ Canberra (TOP Q2 2017) 550m
Canberra MRT Station to Eastbrook @ Canberra (TOP Q2 2017) 750m
Canberra MRT Station to Eastwave @ Canberra (TOP Q2 2017) 430m
Canberra MRT Station to Eastbank @ Canberra (TOP Q4 2016) 650m
Canberra MRT Station to Eastcrown @ Canberra (TOP Q3 2017) 380m
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