Investors Should Look Out For Properties Along Thomson MRT Line in Singapore.
Investors looking for opportunities in Singapore property market should keep a look out for properties near the recently announced Thomson MRT line.
Singapore (I-Newswire) September 16, 2012 - Investors looking for opportunities in Singapore property market, with an eye for long term capital gain, should keep a look out for properties near the recently announced Thomson MRT line. With the alignment and location of each MRT stations along the Thomson Line announced, Singapore property investors should study these locations carefully. Vacant sites near the MRT stations could be developed into residential and commercial properties.
Experts believed that properties within 500m from the train stations will likely to see a healthy capital gain in home prices.
With the new Thomson MRT line and the North South Expressway, the Urban Redevelopment Authority (URA) is making good plans for new commercial developments outside the central area to bring jobs nearer to homes. Some experts have commented that there is strong likelihood that land plots near the station may be developed into mixed use developments, which usually will comprised of integrated residential units and commercial spaces.
Among the properties located near the Thomson MRT line are freehold properties such as Stellar RV, Stevens Suites, Starlight Suites and The Verve. Steven Suites is located near the future Stevens MRT which has been upgraded to an interchange following the announcement of Thomson MRT Line. Other properties are located near Great World MRT in the River Valley area. The Verve is along River Valley road and is ready for immediate occupation. It is one of the nearest projects to an entrance Great World MRT station.
Other properties such as Stellar RV and Starlight Suites are within easy walking distance to the Great World MRT station. Investors in River Valley area who used to lament the lack of MRT stations despite its close proximity to Orchard Road and Central Business District, will now have more reasons to cheer the Thomson MRT Line.
Investors looking at other Singapore property, are welcome to visit http://www.BuyRentSingapore.Com or http://www.BuyRentSingaporeProperty.Com for new launch Singapore properties. BuyRentSingapore.Com is a Singapore property listing website.
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Published On:September 16, 2012
Print Release:Print Release
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