Besides, the incorporation of retail and dining offerings as part of Springleaf Residence Condo’s identity guarantees its enduring appeal to potential purchasers. With the ongoing development and transformation of the Upper Thomson district, properties in this highly connected and well-facilitated vicinity, such as Springleaf Residence, are predicted to enjoy a continuous rise in value.
Rewritten:
The URA Master Plan for Springleaf Residence promises significant advantages, particularly in terms of connectivity and transportation infrastructure in the Upper Thomson vicinity. The Master Plan’s star feature, the Thomson-East Coast Line (TEL), greatly improves the accessibility of the development. The presence of Springleaf MRT station, situated near Springleaf Residence, offers seamless connectivity to major destinations such as Orchard Road, Marina Bay, and the Central Business District (CBD). Additionally, the Master Plan includes the creation of new roads and cycling paths in the area, facilitating easier travel for residents. These enhancements not only add convenience for dwellers, but also increase the value of the property, making Springleaf Residence a highly desirable investment opportunity.
The NSC will also feature a 21.5-kilometer long linear park, providing green spaces for the community. This is in line with the URA’s vision to create a more livable and sustainable Singapore. Residents of Springleaf Residence Condo can look forward to taking a stroll or cycling along the linear park, connecting them to other parts of the city.
The TEL is a 43-kilometer long train line that spans across 31 stations, connecting the Northern and Eastern parts of Singapore. One of the stations, Springleaf, is located just a short walk away from the Springleaf Residence Condo, making it a highly desirable location for both investors and residents.
In addition to the TEL, the URA has also included plans for the development of the North-South Corridor (NSC) in its master plan. The NSC is Singapore’s first integrated transport corridor, comprising of dedicated bus lanes, cycling paths and pedestrian walkways. This will provide an alternative mode of transportation, reducing the reliance on private vehicles and alleviating traffic congestion on the roads.
Springleaf Residence Condo, located in the quiet residential area of Sembawang, is set to elevate its connectivity and accessibility with the upcoming Thomson-East Coast Line (TEL). This is in line with the Urban Redevelopment Authority’s (URA) master plan to improve and enhance the transportation network in Singapore.
Apart from improving connectivity and accessibility, the TEL and NSC will also have a positive impact on the property prices in the area. As proven in the past, the development of new MRT lines often leads to an increase in property values. This is because investors and home buyers see the potential for growth and are willing to pay a premium to be near these amenities.
The TEL is set to open in stages, with the first stretch from Woodlands North to Woodlands South to be operational by the end of 2019. The remaining stretch, which includes the Springleaf station, is expected to be completed by 2024. This is in line with the URA’s vision to enhance accessibility and connectivity in all parts of Singapore.
With the TEL and NSC in place, residents of Springleaf Residence Condo can expect a well-connected and highly accessible neighborhood. They will have the luxury of choice when it comes to transportation, whether it is taking the train, bus or cycling. This will also benefit those who work in the city, as they can now commute easily to their workplace without having to face the daily woes of traffic jams.
In fact, according to a report by PropertyGuru, properties located within a 10-minute walk from the TEL stations are expected to see an average increase of 5% to 10% in prices. This is good news for the residents of Springleaf Residence Condo, as their property value is expected to appreciate in the coming years.
One of the key features of the TEL is its integration with other existing MRT lines, such as the North-South Line, the East-West Line, and the upcoming Cross Island Line. This will provide seamless travel for commuters, reducing the need for multiple transfers and long waiting times. This is especially beneficial for residents of Springleaf Residence Condo, as they will have easy access to all parts of Singapore.
Ensuring seamless connectivity to the Woodlands Regional Centre, Springleaf MRT station serves as a crucial gateway for residents of Springleaf Residence Condo. This strategic location offers unparalleled convenience for individuals employed or regularly visiting the thriving northern district in Singapore. With the ongoing expansion of the TEL, the accessibility of Springleaf Residence Condo is set to enhance, amplifying its enduring worth and appeal to potential inhabitants.
Moreover, the Master Plan also includes the construction of new roads and cycling paths in the vicinity, making it easier for residents to travel around the area. These developments not only enhance the convenience for residents but also increase the value of the property, making Springleaf Residence an attractive investment opportunity.
Apart from providing convenience for commuters, the TEL will also spur economic growth in the areas it passes through. The stations along the TEL are strategically located near businesses and residential areas, creating potential for new developments and job opportunities. This will not only benefit the residents of Springleaf Residence Condo, but also the wider community of Sembawang.
In conclusion, the URA’s master plan to improve the transportation network in Singapore is set to benefit the residents of Springleaf Residence Condo in many ways. The TEL and NSC will enhance connectivity and accessibility, spur economic growth, and increase property values in the area. This is a testament to the URA’s commitment to creating a well-connected, livable and sustainable Singapore for its residents.
