Properties to Benefit from the Thomson East Coast Line
By: Calvin Yeo, CFA
August 18, 2014
Which Properties on the East Coast to Benefit From New MRT Line?
Properties on the East Coast will benefit from the newly announced MRT Line, the Thomson East Coast line. For a long time, the Tanjong Katong, Marine Parade, Siglap, Bedok South communities have been relying on either buses or private transport. Finally, an MRT line is coming to their doorsteps which is able to bring them to the CBD is a short time, equivalent to traveling on the ECP.
Properties To Benefit
So which properties will benefit from the new line? Most of the properties in close proximity to the MRT lines will be beneficiaries.
Tanjong Rhu – Pebble Bay, Casuarina Cove, Water Place, Tanjong Ria Condo
Katong Park – The Line @ Tanjong Rhu, The Waterside, The Albracca, The Meyer Place, The Belvedere
Amber – King’s Mansion, Amber Skye, Amber Point, Aalto
Marine Parade – Parkway Parade, Cote D’Azur, The SeaView, The Shore Residences, Parc Seabreeze, Coralis
Marine Terrace – D’Saville, Saint Patrick’s Residences, Seventy Saint Patrick’s, Grand Duchess at Saint Patrick’s
Siglap – Elliot at the East Coast, Villa Marina, Laguna Park
Bayshore – The Bayshore, Costa Del Sol, Bayshore Park
Bedok South- Kew Residencia, Kew Green Condo
Sungei Bedok – Fairmont Condo, Eastwood Centre, Country Park Condo, Eastwood Lodge, Eastwood Regency, Laguna 88
If you have any of these properties, you are sitting on a strong potential goldmine! If you are looking for a property to buy, you can look at one of these properties for future potential. There are also many freehold properties in the East Coast area so it is a good combination to look for.
About the Author
Calvin Yeo, CFA, CFP is the Managing Director of DrWealth (www.drwealth.com). Dr Wealth is ASEAN’s leading site on personal finance. We offer users high quality articles and research on all areas of Personal Finance including Retirement Planning, Investments, Savings, Insurance etc. In addition, we provide effective and simple to use mobile and desktop software tools that help you track, model and plan all your finances.
