Reclaimed ‘Long Island’ off East Coast could be about twice the size of Marina Bay: Desmond Lee
The idea of Long Island would certainly “project coastal projection seawards”, permitting the presenting East Coast Park to be retained mainly in its current state, Minister Lee claims. It is going to also produce a covered waterbody, which will become a freshwater basin with time, putting on Singapore’s water supply while furthermore being an area the public can make use of for water activities.
Regardless, the future property developments on Long Island will likely help existing exclusive developments along the East Coast, the majority of which are freehold, Huttons’ Lee completes. “It may also boost the possibility for en-bloc in the future.”
Speaking at a residency improvement activity at East Coast Park held on Nov 28, Minister Lee notes that the project would produce opportunities for future generations of Singapore. “They could construct homes, generate work, develop services and facilities that they require, and include around 20 kilometres of brand new coastal and reservoir parks, stretching from the present East Coast Park,” he adds.
The recommended Long Island will integrate coastal protection steps with future reclamation programs for the location, in view of the extended impact of environmental change which includes ascending sea levels. “Mean sea levels surrounding Singapore are forecasted to increase by up to 1m by the end of this century. When full tides coincide with thunderstorm surges, water level could climb by approximately 4 to 5m over mean sea level. This is an extremely serious issue, since around one-third of our island is below 5m above mean sea level, and susceptible of being inundated by the sea,” Minister Lee discusses.
Close to 800ha throughout three regions of land could possibly be reclaimed off East Coast Park in near future decades, offering space for new homes and amenities. Referred To As “Long Island”, the land would certainly be around two times the measurements of Marina Bay, claims Desmond Lee, Minister for National Development and Minister-in-charge of Social Services Integration.
Lee Sze Teck, top supervisor of data analytics at Huttons Asia, assesses that at 800ha, Long Island would certainly be comparable in dimension to the Kallang-Whampoa estate and might possibly place in between 30,000 and 60,000 all new homes with an excellent mix of commercial, recreation and environment-friendly elements.
Technical studies will definitely be performed to analyze the feasibility of the program, with the research studies anticipated to take approximately 5 years. Simultaneously, residents and stakeholders will be engaged to provide feedback and concepts on the plan. Provided the range of the property development, complete planning and utilization of Long Island “is going to take decades”, Minister Lee claims.
” It is very likely that the allocation for common housing will certainly be more than private real estate on Long Island,” Huttons’ Lee says, adding that the HDB apartments will very likely be introduced either under the Prime or Plus model.
He continues: “The possibilities of creating a second Sentosa are poor as the state intends to produce a comprehensive community permitting everyone availability to good properties and not just for the rich.” He also views that the program will certainly trigger further investment into transport connectivity, with the potential for an MRT or LRT expansion to expand from the Thomson-East Coast Line to Long Island.
