Reclaimed ‘Long Island’ off East Coast could be about twice the size of Marina Bay: Desmond Lee
Technical research studies will be performed to evaluate the usefulness of the project, with the research studies anticipated to take about five years. Simultaneously, residents and stakeholders will be involved to give comments and ideas on the project. Provided the range of the development, full planning and execution of Long Island “will take decades”, Minister Lee states.
Lee Sze Teck, senior supervisor of information analytics at Huttons Asia, determines that at 800ha, Long Island would certainly be quite similar in size to the Kallang-Whampoa estate and can possibly house in between 30,000 and 60,000 new homes with a good mix of industrial, leisure and environment-friendly elements.
The recommended Long Island will incorporate seaside protection measures with future reclamation programs for the place, in view of the extended impact of environmental change which includes ascending sea levels. “Mean sea levels across Singapore are projected to increase by approximately 1m by the end of this century. When high water accompany thunderstorm rises, water level can climb by approximately 4 to 5m above mean sea level. This is a really significant issue, due to the fact that approximately one-third of our island is beneath 5m above mean sea level, and at risk of being swamped by the sea,” Minister Lee discusses.
” It is strongly likely that the allocation for common housing will certainly be more than nonpublic real estate on Long Island,” Huttons’ Lee says, adding that the HDB flats will very likely be launched either under the Prime or Plus model.
The idea of Long Island would “plan coastal projection seawards”, allowing the existing East Coast Park to be kept largely in its existing state, Minister Lee states. It will likewise create an enclosed waterbody, which will turn into a freshwater reservoir with time, adding to Singapore’s supply of water while furthermore being an area the public can make use of for water activities.
He continues: “The possibilities of developing a 2nd Sentosa are low as the state wants to produce a comprehensive society allowing everyone access to great properties and not just for the wealthy.” He also sees that the project will certainly prompt further investment into transport connection, with the potential for an MRT or LRT extension to spread from the Thomson-East Coast Line to Long Island.
Regardless, the future projects on Long Island will likely help existing private properties along the East Coast, the majority of which are freehold, Huttons’ Lee concludes. “It may also increase the possibility for en-bloc in the future.”
Around 800ha across three tracts of land can potentially be redeemed off East Coast Park in near future years, giving space for brand-new homes and services. Referred To As “Long Island”, the land would certainly be about two times the measurements of Marina Bay, states Desmond Lee, Minister for National Development and Minister-in-charge of Social Services Integration.
Speaking at a habitat improvement activity at East Coast Park hung on Nov 28, Minister Lee mentions that the property would certainly develop prospects for future generations of Singapore. “They could build homes, generate jobs, establish support services and facilities that they require, and add around 20 km of brand new seaside and reservoir parks, extending from the present East Coast Park,” he adds in.