Property
Should property owners be happy about the new Thomson-East Coast Line?
By Property Soul  •  August 18, 2014
On August 15, the Land Transport Authority and Singapore Land Authority issued a joint press release that Singapore is going to have a sixth MRT line known as the Thomson-East Coast Line (TEL). This is a follow-up on the Jan 2013 announcement about the construction of two new MRT lines previously known as Thomson Line and Eastern Region Line. The two are now grouped into one, with the completion timeline changed from 2020-2021 to 2023-2024. Expect lots of work-in-progress MRT sites From 2015 to 2030, there are countless stations being added to the existing MRT map: 1. Construction of the new Thomson-East Coast Line, Cross Island Line and Jurong Region Line; 2. Building of Downtown Line stage 2, Circle Line stage 6 and possible station between Yishun and Sembawang; and 3. Extension of North-East Line, North-South Line, Downtown Line and Tuas West. In the next 16 years or so, no ......
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By Property Soul
I have developed a strong passion for properties since young. In my 20s, I was relocated to Singapore where I bought my first condominium unit at the end of 2002. I added four more to my property portfolio in 4 ½ years’ time. I never expected their total value could be doubled in just a few years.
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