Wong Xian Yang, who is the Research and Consultancy Manager of Orange Tee, has shared that down the road there will be two upcoming Executive Condo projects for prospective buyers to look forward too. The first is being developed jointly by Keong Hong Holdings Ltd and Fraser Centrepoint Ltd and is located next to Westwood Residences Koh Brothers. The second project will be situated along Canberra Link and is being developed by Qingjian Reality.
Westwood Residences by Koh Brothers
Future and current residents can also look forward to new amenities and facilities to be developed alongside these projects too. With the soon to come Canberra MRT station, which is expected to be completed and open to the public in 2019, residents in Sembawang will enjoy much more convenience. Running along the North-South line, the Canberra MRT station will be situated in the middle of the Yishun and Sembawang MRT stations for Westwood Residences.
It is also expected that further development of the areas around Canberra MRT station will occur over the next few years. The land around this station is undeveloped at this time but the government is not likely to allow the newly completed MRT station to go underutilized. We are more than likely to see a rise in the release of land parcels for residential use and development. It is unknown at this point in time what ratio of residential projects will be. However, going by the URA Master Plan, it is expected that the new Canberra MRT station will have at least one development built next to it that is mixed in Westwood Residences Koh Brothers.
Westwood Residences EC Heeton Homes
Mr. Wong also added that there are a few other major developments coming up that could be a catalyst for Sembawang area prices, such as the North-South expressway and the Woodlands Regional Centre at Westwood Residences.
Commutes for Westwood Residences that are smoother and shorter. There are also plans that have been unveiled, alongside the new Canberra MRT station, for the enhancement of road infrastructures which will enable future and current residents alike to enjoy travel that is more convenient and much quicker.
Chief Operating Officer of Asia Wisdom Group, Peter Poh, pointed out that, in particular, there are two upcoming developments for Sembawang that are more than likely to draw in more buyers to the estate. There is the new MRT station addition situated between Yishun and Sembawang on the North-South line for a start. There will also be the addition of the North-South Expressway, as pointed out, which will greatly reduce the amount of commuting time between the city and outlying destinations near Westwood Residences, as it will connect towns along the corridor of the north-south, such as Bishan, Sembawang, Ang Mo Kio, Woodlands, Yishun and Toa Payoh, to connect to the centre of the city via 16 ramps going into the city and 17 ramps leading out. 2013 saw the beginning of progressive advancement work that will allow major construction to begin by 2016.
Westwood Residences EC
One more focal point will be Sembawang’s Neighbourhood One new network of roads that is aimed to serve the area’s new developments.”