Singapore Will Get ANother New Subway Line By 2019.
Online, September 5, 2012 (Newswire.com) - Singapore property market is set for a new impetus. The Singapore government announced the finalized plans for the new Thomson Line (TSL).
This new Thomson MRT line will be about 30 km long and stretches along the north - south corridor. The line will start in the north at Woodlands, passes through the industrial estate of Sin Ming, down south to the Gardens by the Bay. Commuters along the Thomson Line will be able to travel directly to the key districts of Singapore such as the Orchard road shopping district and the new Marina Bay financial district.
The entire Thomson MRT line will be opened in three separate stages from 2019, and will comprise of 22 stations. This is four more stations then originally planned for. It will also have 6 MRT interchanges to connect to other existing MRT lines or the upcoming Downtown Line.
The first 3 stations to be completed will be from Woodlands North to Woodlands South, and is set to complete by 2019. The second set of stations to be completed from comprise of six stations from Springleaf to Caldecott. The final stations to be completed will comprise of 13 stations and set to complete by 2021.
Property experts believe that the upcoming Thomson Line will be an additional boost to Singapore property value along the MRT line. Although some buyers may not be currently aware of the plans or are hesitant to buy and hold on till the completion of the line, the prices of most properties along the line is expected to rise nearer to the completion of the line. Thus, it is likely that buyers who seize the opportunities now will benefit more in the future.
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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