The Hougang MRT station is located along the lineup which offers residents at the area an immediate path to areas in town for example Chinatown riverfront residences floor plan , Clarke Quay, Dhoby Ghaut, and Harbourfront.
By supplying an alternative railroad route the connectivity of this Hougang channel itself will be improved. According to data from the Land Transport Authority (LTA), this can help travelers save around 50 percent of the present traveling time around the MRT.
You may be thinking is this going to assist the worth in Riverfront Residences to appreciate?
Well, I can not guarantee anyone the prospect of a cost advantage. But if you should study properties that can be found near an interchange channel (for instance, Jurong, Serangoon, Bishan, Dhoby Ghaut and Paya Lebar etc) compared to those which are simply near an”ordinary” MRT station, you will observe that they have a tendency to get a higher price point when compared with the latter. Generally, costs are driven by demand.
For Example do Serangoon and Kovan, or a contrast between land costs in Ang Mo Kio and Bishan. You are going to realize that possessions in Serangoon & Bishan have a small advantage concerning demand and cost compared to their own estates. And did you understand there will always be a shopping mall over or sitting alongside the rail stations? This leads me.
Hougang Central Hub (a prospective government property sale)
The URA Master Plan is the most significant source of advice for investor or any property purchaser to research since it is going to tell you exactly what would be the plans that the authorities has set up for the country. Not many know the bit of information’s existence. Here Is What we understand about Hougang throughout the Master Plan.