My prediction came TRUE !!!!!!!!!
My next prediction will come true. Property prices in Jurong Lake District will jump up by at least 30% and will go up further in the future.
JLD will be the 2nd CBD. In the long run, it is possible for JLD condo prices to be close to Marina Bay and Shenton Way condo prices.
My top 5 condo picks for prices to jump up:
1. J Gateway
2. Centris
3. The Lakefront Residences
4. Caspian
5. Lakeshore
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Singapore's High Speed Rail terminus will be located at Jurong East
POSTED: 05 May 2015 13:42
SINGAPORE: The Republic's terminus for the Singapore-Kuala Lumpur High Speed Rail will be located at Jurong East.
Prime Minister Lee Hsien Loong announced this on Tuesday (May 5) after the Leaders' Retreat with his Malaysian counterpart Najib Razak.
Jurong East was chosen as it dovetails with Singapore's overall plans to transform the area into a second Central Business District, according to a statement.
Malaysia had earlier identified five terminus stations: Kuala Lumpur (at Bandar Malaysia), Seremban, Melaka, Muar, Batu Pahat, Nusajaya and the final stop in Singapore.
The High Speed Rail project, which was agreed upon in 2013, has been described by both leaders as a "game changer". It aims to cut down on travel time between Kuala Lumpur and Singapore to just 90 minutes.
The Prime Ministers also noted that the initial target of completion of the project - which was the year 2020 - needs to be re-assessed due to the scale and complexity of the project. No new time frame has been provided.
Both Malaysia and Singapore have been in active discussion on the technical, operational, security and other aspects of the High Speed Rail. Both sides have also come to in-principle agreements on a few areas, and both leaders reaffirmed that both countries are fully committed to the success of the project.
- CNA/eg/av
Quote:
Originally Posted by Unregistered
Singapore - KL High Speed Rail Project
Location of the Singapore terminus
I predict the terminus will most likely be in JURONG EAST.
Here's why:
1. In line with the decentralization of economic activities, it makes sense for the terminus to be in the booming JURONG LAKE DISTRICT (JLD). The JLD is now booming with economic activities. Visitors from Malaysia can do lots of shopping at the many malls such as JCube, West Gate, JEM, Big Box, etc. They can also do medical check up and screening at the new hospital. Students can explore science at the New Science Centre.
2. The Lakeside area of the JLD can be transformed into another theme park (but without the casino). This would be a big attraction for Malaysians to travel to Singapore for leisure. More hotels can be built, especially waterfront hotels. This will create many jobs for Singaporeans.
3. It does not make sense for the terminus to be a Tuas West as it is too near to the station at Iskandar.
4. Tuas West is not an attractive place for a terminus as it is an industrial area.
5. City Centre is not an ideal location as it is too costly and create more congestion and overcrowding in the city.
If my prediction is true, I further predict that property prices in the JLD, especially in JURONG EAST and LAKESIDE will appreciate by at least 25% - 30%.
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