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Real Estate Realities by Ku Swee Yong

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19.

Master Plan 2014

— Where should we place our bets?

Too many real estate investors buy into hype. And often way too early when it comes to the country’s master plans for national development. These master plans are reviewed and modified every five years and they provide a roadmap to Singapore’s land usage and physical development plans for the following ten to fifteen years.

Some aspects of these plans may take more than fifteen years to yield results due to modifications or delays. Major infrastructure works, new townships and MRT lines, subterranean utilities — all these may take several years to plan and another one to two decades to bring to fruition. Take the example of the Thomson MRT Line: Plans were first spelled out in the early ...

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