Thursday, January 11, 2007

Staying near the Casino (or IR)

Could someone please tell me why the hell are people rushing to buy apartments near to the developing Casinos?

I seriously could not understand. I mean you don't see people rushing to buy condos near to Singapore Pools HQ do you?

So what could be the reason for properties around the IR to hit a ridiculous $2000 psf? Sure, there will be crowd there. But how is that going to affect the people who stays around there?

I would wanna stay near to Tampines Interchange because of the shopping and close proximity to the MRT. The IR may be near a MRT station but one don't need to pay bombs to live near Bedok MRT.

Shopping? I think we have enough shopping centres islandwide.

Maybe these group of people really loves to gamble? Which also doesn't make much sense. Just like one who loves to go Geylang doesn't need to stay there, why does a gambler need to live near the doorstep of the IR? Be the first customer of the day?

So why the hell is everyone rushing to live near the IR?? I really do not understand.

1 comment:

Anonymous said...

First of all, thanks for calling my last post meaningful. ha ha. V flattered :)

On this IR thingy, actually I will be kinda involve in this when I get back to work... why everyone wants to stay near IR ah?

- Very, very central
- Just besides the marina bay which will be abuzz (or so we hope) with activities when the marina barrage is up and the water level is constant
The entire area is going to be very happenin'. The Singapore Flyer (like the London Eye) is close by, the new Business Financial Centre is there, the IR is there, The second Singapore Botanical Garden is going to be there, the IR is there... alot of 'big items'

Ha. Actually I can only think of these now.. there should be more reasons... but I think most are buying for investment, hoping that the prices will go further up when these big items are developed. Now economy doing well, many pple got money mah...