Tuesday 5 May 2015

HIGH SPEED RAIL TERMINUS TO BE LOCATED AT JURONG LAKE

It did not take long for my FB feed to be filled with pseudo property sites trumpeting the merits of Jurong East.


I mean, are they in their right minds? 

I tend to believe that having a HSR terminus at your doorstep isn't a bad thing. But if you read the news reports, the timeline has been stretched beyond 2020. 

In all likelihood, I reckon 2023 or 2024 if they are quick enough. The location is possibly the Jurong golf course and country club. Genting's already there with a hotel. Another may be planned for according to the URA masterplan 2014. It's the commercial parcel indicated as 2.1 in the centre of the pic.


I can't help but recall the hype about Farrer MRT and the condos that would reaped the immense benefits from it. The rents actually plunged during the course of construction prior to opening. The dust and noise turned off many potential tenants.

This might be the case too for JE lake. Take your time.


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