31 Jan '13, 5am

Will East Coast property prices plunge?

I live in the East Coast (but already don't have a sea view anyway). With reclamation and new developments along the coast, it is inevitable that existing owners will be affected. However, insofar as 'perks' such as sea views may be lost, there will also be positive, tangible, more directly beneficial changes, such as the completion of the ERL and the upcoming park connector linking East Coast Park to Gardens by the Bay, which will improve accessibility greatly. Not to mention the benefit of having newer, higher-priced GLS developments in the area to support values of the older freeholds in the vicinity. Those will certainly create buzz in the area. I am not afraid of values falling drastically, and in fact, have sanguine expectations of the changes to come

Full article: http://forums.condosingapore.com/showthread.php?p=364197#...

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