Timing is everything when it comes to investing in property. But there’s a way for you to make good on your investment no matter when you decide to take the plunge. By investing for the future, you can seize opportunities in the property market regardless of how the market is doing. It’s smart to think long-term, and here are some reasons to start planning now for your future investments.

Think ahead

To get the best returns on your future investment, consider buying properties in neighbourhoods with high growth potential.

URA, singapore map
Commercial and industrial clusters by 2030 from Urban Redevelopment Authority

In the eastern part of Singapore, for instance, residents can expect a brand new cineplex that is scheduled to open in Bedok by 2018. In Marine Parade, the future Marine Parade MRT Station on the Thomson-East Coast Line, which will be completed in 2023, will also have an underground retail mall next to the station. Singapore’s first integrated community and lifestyle hub in Tampines, comprising a five-storey regional library, retail and hawker centre as well as swimming pools and badminton courts, opened its doors in end-2016 and will be fully completed by August 2017. 

Savvy investors may want to consider properties in Tanah Merah, which is located close by to these amenities and is a bustling neighbourhood in its own right. The Glades at Tanah Merah, a condominium jointly developed by Keppel Land and China Vanke, is just one MRT stop from Bedok MRT Station and two stops from Tampines MRT Station, or less than 10 minutes’ drive to both areas. Homeowners of The Glades at Tanah Merah can also enjoy the development’s many facilities, such as spa pools, a forest trail and a wellness clubhouse. 

the glades, tanah merah, bedok rise, condominium, swimming pool, forest trail, waterfall

Live the lush life at The Glades at Tanah Merah.

Other upcoming developments are expected to revitalise other parts of Singapore. Punggol will have a new Creative Cluster and Learning Corridor that includes a tertiary institution, green links to the waterfront and a central market village with shops, restaurants and leisure attractions. Woodlands is also earmarked to become a major employment hub in Singapore.

punggol cluster

Artist’s impression of Punggol Creative Cluster from Urban Redevelopment Authority. Read More

Not just the East, look South too

It’s not just the eastern part of Singapore that’s getting a makeover. By 2027, the government plans to transform the southern part of the island into an expanded waterfront city-within-a-city with many unique districts. Prime land in Tanjong Pagar and Pasir Panjang will be freed up for development when port activities currently located in those neighbourhoods are relocated to Tuas in 2027.

The new Greater Southern Waterfront region will have new housing, commercial, cultural and entertainment spaces. A continuous, uninterrupted 30km-long waterfront route for walking, running and cycling is also in the works.

Reap long-term benefits by investing in properties in the area now. Waterfront developments such as Corals at Keppel Bay and Reflections at Keppel Bay by Keppel Land will maintain their status as prime luxury addresses.

Research before you invest

With Singapore’s landscape slated for dramatic changes in the next decade, doing some research will help you to maximise the returns of your investment in the property market. Some factors to consider before taking the plunge include the types of properties and amenities that have already been built in the neighbourhood, and the slated developments in the vicinity in the near future.

A good resource is the Urban Redevelopment Authority’s masterplan, which will provide insights into Singapore’s upcoming infrastructure and development projects and how they might change property values in the various neighbourhoods. As Singapore continues to create more connected and liveable spaces across the island, investing in the property market makes good sense.