Reclaimed ‘Long Island’ off East Coast could be about twice the size of Marina Bay: Desmond Lee
The concept of Long Island would “project coastal projection seawards”, enabling the existing East Coast Park to be maintained mainly in its current state, Minister Lee claims. It is going to in addition create an enclosed waterbody, which will turn into a freshwater basin over time, adding to Singapore’s water supply while furthermore being a place the public can utilize for water functions.
Technical studies will be accomplished to examine the feasibility of the program, with the research studies anticipated to take approximately five years. At the same time, residents and stakeholders will be involved to give comments and strategies on the project. Given the scale of the development, full planning and implementation of Long Island “will take years”, Minister Lee states.
In any case, the future projects on Long Island will likely benefit existing exclusive developments along the East Coast, most of which are freehold, Huttons’ Lee concludes. “It may even increase the capacity for en-bloc in the future.”
Lee Sze Teck, top director of data analytics at Huttons Asia, determines that at 800ha, Long Island would be comparable in size to the Kallang-Whampoa estate and can possibly place between 30,000 and 60,000 all new homes with a great mix of business, leisure and eco-friendly components.
” It is highly 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 condos will likely be launched either under the Prime or Plus model.
The recommended Long Island will incorporate coastal safety solutions with future reclamation plans for the place, in view of the extended impact of environmental change that includes increasing sea levels. “Mean sea levels across Singapore are projected to climb by up to 1m by the end of this century. When high water accompany hurricane rises, water level can rise by approximately 4 to 5m over mean sea level. This is a really significant concern, since about one-third of our island is beneath 5m above mean sea level, and at risk of being inundated by the sea,” Minister Lee discusses.
Speaking at a habitat enhancement activity at East Coast Park hung on Nov 28, Minister Lee notes that the assignment would certainly develop prospects for years to come generations of Singapore. “They could build homes, create employments, build services and amenities that they require, and include around 20 kilometres of new seaside and reservoir parks, extending from the present East Coast Park,” he adds.
He continues: “The chances of producing a second Sentosa are low as the state intends to create a comprehensive society allowing everybody access to great residences and not just for the wealthy.” He also watches that the project will certainly trigger further investment into transportation connection, with the possibility for an MRT or LRT extension to spread from the Thomson-East Coast Line to Long Island.
Close to 800ha across 3 regions of land might possibly be redeemed off East Coast Park in near future years, giving location for brand-new homes and facilities. Referred To As “Long Island”, the land would certainly be around twice the dimension of Marina Bay, states Desmond Lee, Minister for National Development and Minister-in-charge of Social Services Integration.