25 Aug '14, 5am

So what force is stronger? TDSR or MRT line?

So what force is stronger? TDSR or MRT line?

RETAIL REITS: The better connectivity could benefit Frasers Centrepoint Trust, which owns Changi City Point (above); Starhill Global Reit, which partially owns Wisma Atria and Ngee Ann City malls; and SPH Reit, which owns Paragon. A NUMBER of property outfits owning sites along the future Thomson-East Coast Line have been touted as likely beneficiaries of the 13km, nine-station MRT line skirting the east shoreline. They include real estate investment trusts (Reits) and mainboard-listed developers. "Residential developments in the vicinity will likely see 5 per cent to 10 per cent capital gains, retail malls will benefit from growth in shopper traffic, while office and industrial properties will benefit from improved tenant demand," UOB KayHian analyst Vikrant Pandey said in a research report this week. Potential beneficiaries include CapitaLand, Keppel Land, Roxy Pacific, ...

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

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Comment E-mail to friend Bookmark & Share Singapore’s sixth rail line, the Thomson-East Coast Line (TEL), will be fully op...

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