Singapore’s Greater Southern Waterfront: Reasons why it is worth an investment
Recently, it has been announced that the Greater Southern Waterfront (GSW) would be transformed into a major gateway and a prime location for urban living. With the multitude of investments and development plans put in place, it seems that numerous industry experts and investors are eyeing the area with anticipation that it will greatly boost the developments within the area. With the idea of “lottery effect” in the minds of many, numerous individuals speculate that this with be the very investment that allow the surrounding HDB BTO flats in the area to see a spike in value in the future. Hence, with all that buzz generated about the development of the GSW, many homebuyers and investors are interested to know if there is potential in this area, and what it means for them if they were to commit to a property within proximity to the GSW. We are here to share with you the most updated information regarding the GSW, and why it is definitely a force to be reckoned with.
What to expect at Greater Southern Waterfront
The Great Southern Waterfront spans across 2000 ha of land and extends all the way from Pasir Panjang to Marina East, which aims to provide as a major gateway along the southern coast. Do you know that its size will be 6 times larger than Marina Bay itself and 2 times the length of East Coast Park? This expansive development will start with the former Pasir Panjang Power District, then moving on to the Keppel Club and Mount Faber. As for the historical ports residing in Pasir Panjang, expect it to be shifted to the Tuas Port as well. This is all to ensure that the increase in developments will also accommodate the new commercial, entertainment, lifestyle options surrounding the housing around the area – definitely brand new opportunities for a great life of work and play.
How Greater Southern Waterfront encapsulates work, life and play
Some of the worthy mentions include the Keppel Gold Club, which will be revamped for the better to accommodate 9,000 public and private homes – with stunning waterfront promenades and open spaces for a vibrant lifestyle. Nothing is amiss when it comes to work, since there will be more developments in the commercial aspect as well. There are more job opportunities with the expanding office district, with big corporations like Google, Cisco and Unilever settling there and recruiting extensively. Finally, how can we forget about play? There will be more entertainment options available like the Pulau Brani, which will be revamped into a resort area too. At the end of 2019, Siloso Green will also be ready as a shipping container themed waterfront accommodation too.
Connectivity is taken into consideration at the developing GSW, where transport networks see a great improvement. New MRT stations are being developed as we speak, including the Thomson East Coast Line and the Circle Line. Some of the key stations to look forward to in the area include Marina South, Gardens by the Bay and Tanjong Rhu that will be built Thomson East-Coast Line by 2023. As for Circle Line, expect 3 new MRT stations to be ready by 2025, which will include Keppel, Cantonment and Prince Edward Road.
Greenery for a better living environment
Nature lovers will love living within the living space at GSW, as there are more developments to bring residents closer to nature. For one, there are more trails connecting to the green spaces in the area, with the waterfront promenade that connects to numerous destinations. The newest addition of the Pasir Panjang Linear Park will also be a place worthy to explore, and it also connects West Coast Park to Labrador Nature Reserve. The green areas will also be linking the West Coast Park and the East Coast Park together – truly a lifestyle filled with the embrace of mother nature.
<strong>Investment opportunities round the corner</strong>
WIth the new condominiums that are expected to be complete within the same time frame as GSW, projects like Avenue South Residences will definitely stand to gain from the myriad of lifestyle benefits. As one of the rare projects that has the convenience of reaching Central Business District (CBD) yet enjoy the tranquility of the area. With the new developments round the corner, Avenue South Residences will definitely see a rise in value.
If you are interested, contact us for further information on how you can invest to make an impact – invest efficient and effectively with us! Contact our direct developer sales team for more details at +65 9048 0660.