Everybody’s talking about the Greater Southern Waterfront (GSW). But what does it really mean for homebuyers and investors?
Over the next 10 years, GSW will be transformed into a major gateway and location for urban living along Singapore’s southern coast. Already, industry observers are speculating who will gain the most from the development. One of the most hotly-contested topics is the potential “lottery effect” that HDB BTO flats in the area stand to enjoy.
Some experts liken GSW flats to those at [email protected], which has become synonymous with million-dollar resale HDB transactions. New private residential projects, as well as existing commercial and retail developments are also expected to benefit from the GSW.
What else is in store and how will the GSW change Singapore’s real estate market? Here’s what 99.co knows so far.
The GSW is going to open up a slew of opportunities going forward, and many of them are worth waiting for. Transformation on this scale is rare even in fast-moving Singapore; and the GSW is the kind of urban renewal that will redraw the map (metaphorically and literally).
How do you think the Greater Southern Waterfront will lift our real estate market? Voice your thoughts in our comments section or on our Facebook community page.
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