Reclaimed ‘Long Island’ off East Coast could be about twice the size of Marina Bay: Desmond Lee
The concept of Long Island would certainly “plan coastal projection seawards”, enabling the occurring East Coast Park to be maintained mainly in its existing state, Minister Lee states. It is going to in addition create an enclosed waterbody, which will turn into a freshwater basin in time, adding to Singapore’s supply of water while even being a place the general public can use for water functions.
He proceeds: “The chances of developing a second Sentosa are low as the government wants to produce an inclusive society enabling everyone access to excellent homes and not just for the wealthy.” He also views that the project will certainly motivate further investment into transportation connection, with the possibility for an MRT or LRT extension to branch out from the Thomson-East Coast Line to Long Island.
Technical studies will be accomplished to analyze the feasibility of the program, with the researches expected to take around five years. At the same time, residents and stakeholders will be connected to offer responses and ideas on the plan. Given the range of the development, full planning and utilization of Long Island “will take years”, Minister Lee claims.
The recommended Long Island will integrate seaside protection procedures with future reclamation plans for the location, in view of the long-term effect of environmental difference that includes ascending water level. “Mean sea levels surrounding Singapore are predicted to increase by up to 1m by the end of this century. When high tides accompany hurricane surges, water level might rise by as much as 4 to 5m above mean sea level. This is an extremely serious concern, due to the fact that approximately one-third of our island is beneath 5m above mean sea level, and in danger of being inundated by the sea,” Minister Lee explains.
Speaking at a residency enhancement activity at East Coast Park hung on Nov 28, Minister Lee indicates that the assignment would certainly develop opportunities for years to come generations of Singapore. “They could construct homes, generate jobs, develop services and facilities that they require, and include around 20 kilometres of new seaside and reservoir parks, expanding from the existing East Coast Park,” he adds.
The Landmark Condo Chin Swee Road
Around 800ha across 3 regions of land could possibly be recovered off East Coast Park in future years, presenting location for brand-new homes and services. Referred To As “Long Island”, the land would be approximately twice the size of Marina Bay, says Desmond Lee, Minister for National Development and Minister-in-charge of Social Services Integration.
” It is highly likely that the allotment for common housing will be greater than private real estate on Long Island,” Huttons’ Lee claims, adding that the HDB condos will very likely be introduced either under the Prime or Plus model.
Lee Sze Teck, top supervisor of data analytics at Huttons Asia, estimates that at 800ha, Long Island would be quite similar in size to the Kallang-Whampoa estate and can possibly place in between 30,000 and 60,000 all new homes with a good mix of industrial, recreation and eco-friendly elements.
In any case, the future property developments on Long Island will likely help existing exclusive properties along the East Coast, the majority of which are freehold, Huttons’ Lee completes. “It might perhaps even increase the possibility for en-bloc in the future.”