25 Aug '14, 5am

Tanjong Rhu's transport woes lifted, Singapore Property News, Singapore Property Guides

Tanjong Rhu's transport woes lifted, Singapore Property News, Singapore Property Guides

TANJONG Rhu has been something of a transport dead zone but plans to build an MRT station will put the inner city within easy reach and boost local real estate, said analysts. The station will be one of the stops on the Thomson-East Line announced last Friday. It is expected to open by 2023, a move that consultants said will lift property values and solve a transport headache for residents. Tanjong Rhu isserved only by bus routes. Getting a train now means finding a way to the Mountbatten or Stadium stations on the Circle Line. But the new Tanjong Rhu station will be only three stops from the Marina Bay interchange, giving residents quick links to the city centre and the financial district. Ms Christine Li, research head at OrangeTee, predicted that home values in Tanjong Rhu could appreciate between 7 and 12 per cent by the time the new rail line is completed. R'ST Resear...

Full article: http://www.stproperty.sg/articles-property/singapore-prop...

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