Singapore’s High Speed Rail terminus will be located at Jurong East

Jurong East area would be a good choice for investment as our Prime Minister Lee Hsien Loong today has confirmed the site to be our High Speed Railway station. However, is it a good time to enter the market now? Rushing in to buy a unit before the price goes up in this area again? I would think twice. Property market goes in cycle. Right now, we are at the peak and is coming down. Given that there is no time frame for completion, we would need to go through a few property ups and downs before the project will be completed. My humble opinion is to research on the area now, wait for the property market to correct and enter at the right time.. Do your homework diligently, save & invest wisely.. Existing clients will be given priority on my research and analysis on the area & condos to sniff out good deals and bargains.. ========================================================================================================================== The initial target of completion of the High Speed Rail project - which was the year 2020 - needs to be re-assessed due to the scale and complexity of the project, said the Prime Ministers of Singapore and Malaysia. No new time frame has been provided. SINGAPORE: The Republic's terminus for the Singapore-Kuala Lumpur High Speed Rail will be located at Jurong East. Prime Minister Lee Hsien Loong announced this on Tuesday (May 5) after the Leaders' Retreat with his Malaysian counterpart Najib Razak. Jurong East was chosen as it dovetails with Singapore's overall plans to transform the area into a second Central Business District, according to a statement. Malaysia had earlier identified five terminus stations: Kuala Lumpur (at Bandar Malaysia), Seremban, Melaka, Muar, Batu Pahat, Nusajaya and [...]