Reclaimed ‘Long Island’ off East Coast could be about twice the size of Marina Bay: Desmond Lee
The principle of Long Island would “plan coastal projection seawards”, permitting the presenting East Coast Park to be maintained mainly in its present state, Minister Lee claims. It is going to likewise create an enclosed waterbody, which will turn into a freshwater basin over time, contributing to Singapore’s water supply while even being a place the public can make use of for water events.
Regardless, the future developments on Long Island will likely benefit present private projects along the East Coast, the majority of which are freehold, Huttons’ Lee completes. “It may even boost the potential for en-bloc in the future.”
Lee Sze Teck, top director of information analytics at Huttons Asia, assesses that at 800ha, Long Island would be quite similar in size to the Kallang-Whampoa estate and can potentially house in between 30,000 and 60,000 new homes with a good mix of commercial, recreation and eco-friendly components.
He continues: “The possibilities of producing a 2nd Sentosa are low as the state intends to create an inclusive community permitting everyone connectivity to excellent properties and not just for the wealthy.” He even checks out that the plan will certainly prompt further investment into transport connection, with the possibility for an MRT or LRT expansion to branch out from the Thomson-East Coast Line to Long Island.
Around 800ha across three regions of land could potentially be redeemed off East Coast Park in near future decades, presenting area for brand-new homes and facilities. Dubbed “Long Island”, the land would certainly be approximately two times the size of Marina Bay, states Desmond Lee, Minister for National Development and Minister-in-charge of Social Services Integration.
The proposed Long Island will certainly incorporate coastal safety steps with future reclamation plans for the location, in view of the continued effect of climate difference that includes rising sea levels. “Mean sea levels around Singapore are predicted to rise by as much as 1m by the end of this century. When high water coincide with hurricane surges, water level could increase by approximately 4 to 5m over mean sea level. This is a very considerable problem, since about one-third of our island is below 5m above mean sea level, and in danger of being swamped by the sea,” Minister Lee explains.
Technical research studies will be performed to evaluate the usefulness of the project, with the studies expected to take about 5 years. Simultaneously, residents and stakeholders are going to be involved to offer comments and concepts on the project. Given the scale of the project, full preparation and implementation of Long Island “will take several years”, Minister Lee says.
Speaking at a housing improvement event at East Coast Park hung on Nov 28, Minister Lee notes that the property would certainly produce opportunities for future generations of Singapore. “They can build homes, create work, build services and facilities that they require, and add around 20 km of new coastal and reservoir parks, expanding from the existing East Coast Park,” he adds.
” It is highly likely that the allocation for common housing will be more than private real estate on Long Island,” Huttons’ Lee states, adding that the HDB apartments will likely be released either under the Prime or Plus model.