Thomson Line construction: Nearby residential projects to benefit
Homes within 500m of new stations likely to enjoy sizeable price gains
Published on Sep 1, 2012 6:00 AM
Details of the new Thomson Line MRT stations have set the property market buzzing over just which project might benefit the most from Wednesday's announcement.
Experts say the clear winners are residential projects within a 500m radius of the new stations as they are expected to enjoy a healthy gain in home prices.
But some developments have the exceptional luck of being right on the doorstep of a station, guaranteeing even more robust price and rental increases, they add.
Projects like The Calrose, Far Horizon Gardens and Thomson Grove, for example, are right next to the future Lentor MRT station.
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