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New MRT Plans Revealed: How Tengah & Seletar Lines May Boost Northern Homes

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Ryan J

A seasoned content strategist with over 17 years in the real estate and financial journalism sectors, Ryan has built a reputation for transforming complex industry jargon into accessible knowledge. With a track record of writing and editing for leading financial platforms and publications, Ryan’s expertise has been recognised across various media outlets. His role as a former content editor for 99.co and a co-host for CNA 938’s Open House programme underscores his commitment to providing valuable insights into the property market.

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gerad
gerad
1 month ago

I do believe it is a political move by the government. We have to remember that building these lines, especially to areas with very new BTOs precints or estates have the impact to further skyrocket resale prices once these BTOs come out of 5-10 years MOP – the very thing that HDB wants to avoid an overheating resale market. You could say that in future every flat will be at least 500 m away from a transport amenity (be it bus stop, train station etc), but it will create disparities between a flat/estate located near a mainline station vs another located in an LRT or light rail station.

Finally, the business/economic case weakens for MRT stations built specifically in industrial areas (Seletar aerospace etc) – these are industry and so the line section will be under-used/empty during weekends or off-peak hours (just look at Tuas extension stations), vs building lines to serve housing estates where a baseload does exist. I’d be happy for these areas to be served by buses as demand can be adjusted to cope with passenger loads

Richard
Richard
1 month ago

Seletar hill residents have suffered from inaccessible public transport for decades. 2040 is at least 20 to 25years away and most if the elderly residents are either frail or dead. Wondering why want to make such a preliminary feasibility’s study. Possibly for GE

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