07/11/2015
In very simple layman explanation, whatever has happened or is happening to Jurong will similarly happen to Woodlands in the next 5-10 years.
At that time, there was only Jurong Point, which expanded to Jurong Point 2 before the current super mega Jurong Point shopping mall. The Jurong entertainment centre at Jurong East MRT was hopelessly boring with the ice skating ring being the anchor tenant. Other than plenty of coffeeshops, there were nothing much to see or do. When compared to the East Coast, Jurong was really many class below & surrounded by factories.
Fast forward just 7 years since the masterplan 2008 identified Jurong as a commerical hub & subsequently masterplan 2014 adding on more transformation, the Jurong today is totally different. It's like 女大十八变。Ugly duckling turning to a beautiful swan. Private property prices in Jurong went up by > 250% in 7 years, from $4xxpsf to >$1100psf. HDBs also easily doubled or tripled in prices.
Take a look at this picture. Masterplan 2014 have also identified Woodlands to be the next commercial node. Together with the upcoming Thomson MRT line + KTM to JB & the North-South expressway, the Jurong story will be retold again in Woodlands.
Missed the opportunity in the Jurong bull run? Don't miss it again in Woodlands, where the bull has barely started running. Catch the first wave.
Real estate investment can be very simple.
"Find an undervalued property in a good location, buy & forget about it. Let time do it's magic"