Property Views
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Marcus_Mummy:
Woodlands will not become a 2nd CBD. It will have those low production low skilled company operating at that location. By this way, malaysian can come and back to JB without jamming up the rest of singapore. There is not much land there to built a 2nd CBD as well.
Yes, you're right. Woodlands was never the second CBD. It's just a mid-sized business park. The land will cater mainly to SMEs, whose factories are right across the causeway in JB.![](\"https://s22.postimg.cc/rxzii7vqp/woodlands_Explore.jpg\")
https://s22.postimg.cc/rxzii7vqp/woodlands_Explore.jpg\">
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Marcus_Mummy:
In my view, URA will do some changes in Jurong district since HSR is not coming anymore. If you have a CBD, you need a link to international market. Jurong is considered far from Changi airport. Without HSR, they might need to build another expressway to link up airport to Jurong. .
Having 2nd CBD in Jurong is not just to divert traffic from Marina/Shenton area. It's in Jurong because it is geographically located at the end of the long western stretch along the Malay Peninsula. All the important and prosperous states are on the West Coast of Msia - Johor, Malacca, Negri Sembilan, Selangor. In future, can link up to Penang, which is also on the West.
I guess construction of JLD Gateway and JID (next to NTU) will still go on, regardless...
Jurong has always been far from Changi airport and that was why PIE was constructed. HSR won't take you to New York or Sydney. Only to Muar, Batu Pahat and KL. You still got to take PIE / EWL to Changi Airport like now.
I just think all the plans for the HSR underground boring have been 'c@cked up'. There were supposed to be many buildings surrounding and standing above the underground HSR track and MRT tracks. Will they go ahead to sell those parcels around and above the tracks? Engineering cost estimates will surely increase after the JLD buildings (condos/office/malls) are up and running, should Msia decides to link up again.![](\"https://s22.postimg.cc/50hc6i8yp/2018-05-30_4.png\")
![](\"https://s22.postimg.cc/iu5ovn9ap/2018-05-30_2.png\")
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![](\"https://s15.postimg.cc/g090j6d9n/A9_AD4_BBA-1_BE2-469_D-_B026-03163_BA999_FF.jpg\")
https://www.channelnewsasia.com/news/business/private-home-property-prices-q2-ura-singapore-10490090
Q1 2018 rose 3.9%
Q2 2018 rose 3.4%
ST: Most analysts are expecting 8% to 15% jump in private property prices by end of this year. -
vinegar:
Think jurong will still vibrant without hsr.
in what way Jurong is considered the 2nd CBD? was HSR included in the picture when this plan was proposed?
there is genting hotel here...was it built to service people to go MBS? -
vinegar:
Think jurong will still vibrant without hsr.
in what way Jurong is considered the 2nd CBD? was HSR included in the picture when this plan was proposed?
there is genting hotel here...was it built to service people to go MBS? -
janet88:
Jurong is the \"second CBD\" because Ah Gong says so in the https://www.ura.gov.sg/Corporate/Planning/Master-Plan/Key-Focuses/Economy. The whole strategy is anchored around having more commercial hubs outside the city centre.vinegar:
Think jurong will still vibrant without hsr.
in what way Jurong is considered the 2nd CBD? was HSR included in the picture when this plan was proposed?
there is genting hotel here...was it built to service people to go MBS?
Ultimately, the \"second CBD\" is just a marketing term (who knows, maybe they will call Tampines the \"third CBD\", Woodlands the \"fourth CBD\" one day); it's about moving some industries / companies out of the central region and concentrating them in a planning area to achieve synergy, as well as to speed up other ancillary and necessary developments (e.g. entertainment, F&B). People will probably feel more shiok about buying houses / shifting to the \"second CBD\" rather than being reminded of living in an otherwise industrial part of Singapore.
HSR was taken into consideration as part of the Master Plan but it is really just the icing on the cake. Development of Jurong will continue with / without the HSR. -
floppy:
oic...because I'm just wondering in what way Jurong feels like a 2nd CBD :scratchhead:
Jurong is the \"second CBD\" because Ah Gong says so in the https://www.ura.gov.sg/Corporate/Planning/Master-Plan/Key-Focuses/Economy. The whole strategy is anchored around having more commercial hubs outside the city centre.
Ultimately, the \"second CBD\" is just a marketing term (who knows, maybe they will call Tampines the \"third CBD\", Woodlands the \"fourth CBD\" one day); it's about moving some industries / companies out of the central region and concentrating them in a planning area. Besides, people will feel more shiok about buying houses / shifting to the \"second CBD\" rather than being reminded of living in an otherwise industrial part of Singapore.
HSR was taken into consideration as part of the Master Plan but it is really just the icing on the cake. Development of Jurong will continue with / without the HSR.
fine, there are more shopping malls here but which estate doesn't have a suburban mall now? even punggol has one and yishun has extended north point. the prices of old flats around jem/westgate have escalated though. just hoping JRL line will start construction soon. 10 years feel like a LONG time. -
lee_yl:
The upturn just started.
https://www.channelnewsasia.com/news/business/private-home-property-prices-q2-ura-singapore-10490090
Q1 2018 rose 3.9%
Q2 2018 rose 3.4%
ST: Most analysts are expecting 8% to 15% jump in private property prices by end of this year. -
Sounds like what they did to mkt a cemetery into a "highly sought" housing at Bishan, with some good schools planted in vicinity, then when the herd gathers reality sets in - still 99 year lease type & not owners but tenants, no diff with those staying in Woodlands or Yishun. Mktg hype can make the price diff when ppl believe in it so willing to ditch out >$1m but guess I’ll not see this kinda price for Yishun or even SengKang.
IMO the old batch of town planners were more skillful in relocating diff industries at diff corners (Jurong for heavy & some light food industries, Changi for the aviation, Ayer Rajah for the techs, etc) nestled HDB ard it to supply labour.
Guess not an easy job for planners thereafter, how to mobilize new industries with tight land supply in Spore?
Somehow, our usual central city area had made bz too costly with its escalating property prices, even banks relocated backend operations to Changi bz hubs. Maybe the only ones finding it hard to move beyond CBD are the lawyers with need to be close to the Courts for efficient operation.
Having Jurong as next CBD, to me, is just directing the flow of some bz, ultimately, for the connection to One Belt-One-Road, facilitate greater bz & logistical movementsand spur our economy further. Now that the HSR is in limbo, it’ll stall our progress in that direction. Trusting our Ah-gong, we will not only plan for one economic prong to succeed & sit waiting silly sick when HSR is thrown out of spanner. But will certainly slow our plans. So, Jurong properties will take a while to pick up at dizzy speed for a while.
OT : Am thankful Spore team building strong relations with China govt & Tianjin project on-going & enter into ano phase. Thankful for new opportunities open to Spore property develops, planners, etc into other parts of 2nd-tier cities. We may lack land in Spore, but we’re not lacking in brains & consultancy skills. 15 years back saw our CapitaLand, Ascott and then Savana’s presence in Shanghai, Beijing, Chongching, Suzhou & Shenzhen. Then Tianjin and more 2nd-tier cities. Our young will hv more regional experience - more foreign dollar repatriated. -
Cloud Cloud:
A few of my relatives entered the market after Q2 of 2017 after many property agents told them market seemed to be moving (a bit).
The upturn just started.lee_yl:
https://www.channelnewsasia.com/news/business/private-home-property-prices-q2-ura-singapore-10490090
Q1 2018 rose 3.9%
Q2 2018 rose 3.4%
ST: Most analysts are expecting 8% to 15% jump in private property prices by end of this year.
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