Properties near MRT stations have always been known to fetch higher prices.
Thus the announcement that 2 new stations will be added to the North-South MRT line by mid-2030s might be fodder for investors.
2 stations in country’s North-west region planned under LTMP
Both these new stations will be in the country’s North-west region. The 2 stations – Sungei Kadut and Brickland, are part of the key transport enhancements planned under the Land Transport Master Plan (LTMP) 2040.
Brickland Station will be located between Choa Chu Kang and Bukit Gombak stations and aims to connect residents of Keat Hong, Bukit Batok West, Pavilion Park and the upcoming Brickland district in Tengah.
The Sungei Kadut station which will be built between Kranji and Yew Tee will be an interchange station connecting to the Downtown Line (DTL).
These 2 additions aim to provide better rail connections for residents who lie in the North-western regions of the island and cut their commute into the downtown area down by as much as 30 minutes.
See more: Canberra MRT station to open by end 2019
Thomson-East Coast line expected to be ready by 2024
Prior to that happening in the mid-2030s, the Thomson-East Coast line which has been in construction for the past few years may be ready by 2024. In about 5 years’ time, part of the line will be up and running, and by 2040 commuters will be able to travel by train from Woodlands North to Changi Airport.
Some of the other lines in the rail network include the Cross Island Line and Jurong Regional Line. While most of Singapore is already served by the train, there are some areas which are still less well-served by public transport.
The government will also be looking into introducing more Transit Priority Corridors (TPCs) progressively into areas such as Robinson Road, Loyang, Tengah, Jurong Lake District and Woodlands North Coast. TPCs aims to improve bus speeds and reduce travel times for commuters of up to 15 minutes.
The North-South Corridor, which will be completed in 2026, will be Singapore’s longest TPC and will save bus passengers up to 15 minutes of travel time.
The government’s aim is to create “a 45-minute city with 20-minute towns”.