PROPERTY owners big and small are on track to reap big benefits, thanks to the opening of 11 new stations on the Circle Line, according to a report. Industrial landlords such as Ascendas Reit (A-Reit), Mapletree Logistics Trust (MapletreeLog) and Suntec Reit own large properties around these stations and will see gains from the new transport route, said Credit Suisse. Its report also showed that property...
Circle Line
TRAVELLING by train between the north-east and Central Business District gets easier from today. Eleven stations on Singapore's newest train line, the Circle Line (CCL), will be open to commuters from 5.37am. The stations - Tai Seng, MacPherson, Paya Lebar, Dakota, Mountbatten, Stadium, Nicoll Highway, Promenade, Esplanade, Bras Basah and Dhoby Ghaut - extend the reach of the first five Circle Line...
The opening of the second phase of the Circle Line MRT in April is definitely something to look forward to for residents living nearby. But those looking to sell or rent their homes are set to benefit as well. Property agents said the opening of the 11 new stations along the Circle Line is likely to push property prices up. Agents MediaCorp spoke to estimate home prices will increase by 10 per cent while...
The second phase of the Circle Line will open to passengers on April 17. The 11-station stretch, from Bartley to Dhoby Ghaut stations, will start operations almost a year after the first five stations were opened to the public last May. With this new opening, about half the Circle Line or about 16 stations will connect commuters to places like the new Sports Hub through Stadium Station, to Suntec via...
The next phase of the Circle Line – Stages 1 and 2 – will start operations in the first half of 2010. Transport Minister Raymond Lim revealed this at a dialogue session in Bukit Panjang on Sunday. Its exact opening date, however, will only be finalised after engineers complete the necessary tests. The first five stations on the Circle Line opened for service on May 28. Even though ridership has not...
The civil works contract (C901) for the Circle Line Marina Bay Station has been awarded to Hock Lian Seng Infrastructure (Pte Ltd). The S$348.4 million contract is for the construction and completion of the Circle Line Marina Bay Station and tunnels. It includes alteration and addition works to the current North South Line (NSL) Marina Bay station, diversions of the East Coast Parkway and demolition of a...
* Radical plan for parallel rail lines * Extensions to Tuas, Marina South * Earlier opening of two stations THE problem is a familiar one: The passenger squeeze in MRT trains. The solution is radical — at least in the Singaporean context: Build two new lines that run parallel to the present routes at a cost of $20 billion. One will run from Marina Bay and end at Woodlands, very...
In a massive new investment, the government will pump in another S$20 billion on new rail lines and extensions islandwide, Transport Minister Raymond Lim announced Friday. This is over and above the S$20 billion the government has already committed for the on-going Boon Lay extension, the Circle Line and the Downtown Line. Mr Lim said the new and extended lines will go to places as diverse as Marine...