Reclaimed ‘Long Island’ off East Coast could be about twice the size of Marina Bay: Desmond Lee
Around 800ha throughout 3 tracts of land might possibly be reclaimed off East Coast Park in near future years, providing space for new homes and facilities. Called “Long Island”, the land would certainly be around twice the measurements of Marina Bay, claims Desmond Lee, Minister for National Development and Minister-in-charge of Social Services Integration.
In any case, the future property developments on Long Island will likely work for present private projects along the East Coast, most of which are freehold, Huttons’ Lee concludes. “It may perhaps even boost the potential for en-bloc down the road.”
The suggested Long Island will certainly incorporate coastal security procedures with future reclamation programs for the location, in view of the long-term effect of environmental difference which includes rising sea levels. “Mean sea levels around Singapore are predicted to climb by approximately 1m by the end of this century. When high water accompany hurricane surges, sea levels can rise by up to 4 to 5m over mean sea level. This is a really serious issue, due to the fact that about one-third of our island is beneath 5m above mean sea level, and susceptible of being swamped by the sea,” Minister Lee discusses.
Lee Sze Teck, top supervisor of data analytics at Huttons Asia, estimates that at 800ha, Long Island would certainly be similar in dimension to the Kallang-Whampoa estate and can possibly place between 30,000 and 60,000 new homes with an excellent mix of commercial, leisure and eco-friendly components.
Technical studies will be performed to examine the workability of the assignment, with the researches expected to take about five years. At the same time, residents and stakeholders will be engaged to supply responses and strategies on the plan. Given the range of the property development, complete planning and implementation of Long Island “will take several years”, Minister Lee states.
The concept of Long Island would certainly “plan coastal projection seawards”, enabling the occurring East Coast Park to be preserved mostly in its present state, Minister Lee says. It is going to likewise develop an enclosed waterbody, which will turn into a freshwater reservoir with time, putting on Singapore’s water supply while furthermore being an area the general public can utilize for water functions.
Speaking at a residency improvement event at East Coast Park held on Nov 28, Minister Lee mentions that the property would develop opportunities for years to come ages of Singapore. “They might develop homes, generate employments, establish support services and amenities that they require, and add around 20 km of brand new coastal and reservoir parks, expanding from the present East Coast Park,” he adds.
” It is very likely that the allotment for common housing will be greater than private real estate on Long Island,” Huttons’ Lee claims, adding that the HDB apartments will very likely be introduced either under the Prime or Plus model.
He continues: “The possibilities of producing a 2nd Sentosa are poor as the state wants to create an inclusive community permitting everybody availability to excellent properties and not just for the rich.” He even checks out that the program will certainly trigger further investment right into transportation connectivity, with the possibility for an MRT or LRT extension to branch out from the Thomson-East Coast Line to Long Island.
