Reclaimed ‘Long Island’ off East Coast could be about twice the size of Marina Bay: Desmond Lee
Lee Sze Teck, top director of information analytics at Huttons Asia, assesses that at 800ha, Long Island would certainly be similar in dimension to the Kallang-Whampoa estate and can potentially house between 30,000 and 60,000 all new homes with a great mix of industrial, recreation and environment-friendly aspects.
Speaking at a residency development activity at East Coast Park held on Nov 28, Minister Lee mentions that the project would develop opportunities for future generations of Singapore. “They can build homes, generate work, develop support services and amenities that they need, and include around 20 km of new coastal and reservoir parks, stretching from the current East Coast Park,” he adds.
In any case, the future property developments on Long Island will likely work for present exclusive projects along the East Coast, most of which are freehold, Huttons’ Lee reasons. “It may even boost the possibility for en-bloc down the road.”
He proceeds: “The opportunities of developing a 2nd Sentosa are poor as the state intends to create a comprehensive society enabling everybody availability to great homes and not just for the wealthy.” He also sees that the plan will certainly prompt further investment into transportation connection, with the possibility for an MRT or LRT expansion to expand from the Thomson-East Coast Line to Long Island.
The principle of Long Island would “plan coastal projection seawards”, permitting the existing East Coast Park to be maintained largely in its current state, Minister Lee claims. It will also produce an enclosed waterbody, which will emerge as a freshwater basin gradually, putting on Singapore’s water supply while furthermore being a space the public can utilize for water functions.
The suggested Long Island will incorporate seaside security measures with future reclamation programs for the place, in view of the continued impact of climate difference which includes ascending water level. “Mean sea levels surrounding Singapore are projected to climb by approximately 1m by the end of this century. When high water coincide with thunderstorm surges, water level could increase by approximately 4 to 5m above mean sea level. This is an extremely considerable concern, because around one-third of our island is below 5m above mean sea level, and susceptible of being swamped by the sea,” Minister Lee discusses.
Technical research studies will be accomplished to evaluate the feasibility of the project, with the research studies expected to take around 5 years. At the same time, residents and stakeholders will most likely be involved to supply feedback and concepts on the project. Provided the scale of the property development, full planning and utilization of Long Island “will take decades”, Minister Lee says.
Close to 800ha throughout 3 regions of land can possibly be reclaimed off East Coast Park in near future decades, presenting space for brand-new homes and amenities. Referred To As “Long Island”, the land would be about two times the size of Marina Bay, says Desmond Lee, Minister for National Development and Minister-in-charge of Social Services Integration.
” It is strongly likely that the allotment for common housing will certainly be more than private housing on Long Island,” Huttons’ Lee states, adding that the HDB apartments will likely be introduced either under the Prime or Plus model.