Reclaimed ‘Long Island’ off East Coast could be about twice the size of Marina Bay: Desmond Lee
The proposed Long Island will certainly incorporate coastal security procedures with future reclamation arrangements for the area, in view of the extended impact of environment difference that includes ascending sea levels. “Mean sea levels around Singapore are projected to increase by up to 1m by the end of this century. When high tides coincide with hurricane surges, water level can rise by as much as 4 to 5m over mean sea level. This is an extremely considerable issue, because approximately one-third of our island is below 5m above mean sea level, and susceptible of being inundated by the sea,” Minister Lee details.
In any case, the future projects on Long Island will likely benefit present exclusive developments along the East Coast, the majority of which are freehold, Huttons’ Lee completes. “It might even raise the potential for en-bloc in the future.”
He continues: “The chances of developing a second Sentosa are poor as the state wants to produce a comprehensive society permitting everybody connectivity to excellent residences and not just for the rich.” He additionally sees that the project will certainly prompt further investment into transport connectivity, with the possibility for an MRT or LRT extension to expand from the Thomson-East Coast Line to Long Island.
Close to 800ha throughout three regions of land might potentially be redeemed off East Coast Park in near future years, providing space for new homes and facilities. Dubbed “Long Island”, the land would be around two times the dimension of Marina Bay, says Desmond Lee, Minister for National Development and Minister-in-charge of Social Services Integration.
Speaking at a habitat enhancement activity at East Coast Park held on Nov 28, Minister Lee indicates that the assignment would certainly produce prospects for years to come generations of Singapore. “They can develop homes, generate employments, establish services and facilities that they need, and include around 20 km of brand new seaside and reservoir parks, extending from the present East Coast Park,” he adds in.
The concept of Long Island would “plan coastal projection seawards”, allowing the existing East Coast Park to be retained mostly in its current state, Minister Lee states. It will also develop a covered waterbody, which will become a freshwater reservoir gradually, adding to Singapore’s water system while even being a place the general public can make use of for water activities.
Lee Sze Teck, top director of data analytics at Huttons Asia, determines that at 800ha, Long Island would certainly be similar in dimension to the Kallang-Whampoa estate and can possibly place between 30,000 and 60,000 all new homes with a good mix of commercial, leisure and environment-friendly aspects.
Technical researches will be accomplished to examine the feasibility of the program, with the researches expected to take around five years. Simultaneously, residents and stakeholders will most likely be connected to supply comments and concepts on the project. Provided the scale of the property development, full planning and execution of Long Island “is going to take years”, Minister Lee claims.
” It is very likely that the allocation for common housing will certainly be greater than private 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.