Friday, June 20, 2008

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Property Investment : Jurong East Lakeside District Good Choice

I've expected the development of Jurong Lakeside district, in particular Jurong East, to get priority, as I've explained in the following post:
Master Plan 2008 - Forecast of Hot Spots for Growth. It seems so.

The latest GLS (Government Land Sales) programme has included a new white site at Jurong East St 13 has been set aside to kickstart the development of a commercial hub at Jurong Gateway. For property buyers looking at investment property, I've recommended Jurong East commercial zone, rather than Jurong Lakeside, because the large number of potential employments will bring good rental housing demand, not only from the existing International Parks and the commercial areas, but also, from the up and coming New Jurong General Hospital with their healthcare professionals.

The way I see it, the development of this zone is set to accelerate partly to relieve the shortage of commercial property in the CBD areas, and partly as an implementation of the master plan.

May also want to read:
History of Singapore Property 1960 to 2008
Property Price Index Graph Plotter & Online Property Valuation


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The blogger here has been affectionately named by close allies as "Smart Buyer" but really, he's not smart. Smart Buyer just believes that being prudent is smart. That's the essence of the message of this blog and Smart Buyer hopes it'll benefit other property buyers.

Smart Buyer :)