Thursday, May 01, 2008

Unexpected Abundance


Law of Attractions and Vibrations - yes, that is what all our life evolve around with.  What you think about is what you become.  And, what we truly seek, is what we will get.

Making that calculated choice to be in Jurong East - we relied only on our priorities but unknown with the unexpected twist of luck, brings along with a piece of good news as announced by the National Development Ministry. 

We didn't expect that Jurong East would "undergo a transformation that could propel the estate to the forefront of the suburban property market" as reported in Sunday Times April 13.  It makes our choice a good investment for our future.

Not that we are planning to sell and make a profit - and the time allowed by HDB to sell is after five years,  but it will definitely give us a better opportunity and comfortable economic outlook for our old age. 

Property experts feel that Jurong East public flats have strong potential upside and an increase of five to 10 percent in the next two years.  Surely, when the whole Master Plan for the estate is completed, prices would increase significantly too.

When the transformation is completed, it becomes the largest commercial hub outside the Central Business Distriction and rivals Marina Bay in size.  It will outsize Tampines, now Singapore's biggest suburban commercial hub, with its size of 360ha. 

The transformation involves the building of new waterways, 1,000 private homes and 2,800 hotel rooms as well as the addition of 500,000 sq m of office space and 250,000 of retail space.

This is the least unexpected abundance that greets us so early with our plan to move.  And, there is so much to look forward.

Ministry of National Development Plan of Jurong Lake District: - from Sunday Times, 13 April


Some of my friends called me when they heard about this news:

"Hey, did you know about this before you bought your place?"

No.  We just want to be thankful that the government is doing such thing.  Indeed, we feel very fortunate.  When we purchased the unit, the property market has also softened a little.

It reminds me of the time we bought Hertford too.

"Wow, both of you are very lucky!"
"It is a good move!"

Thank you.  We are grateful for all these.  We have made some plans for our old age and one of it is to have an early retirement.  I envision that the property in Jurong East will pick up, just like Toa Payoh and Bishan, and it will make us confident to have a comfortable old age.
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We are very grateful! Thank You!






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