21 September 2010
The Singapore-Malaysia Land Swop Deal
From my observation, the Malaysian government has gotten two excellent pieces of prime property in the deal. These parcels are next to future MRT stations and thus, of good value. The Marina Bay parcel is, doubtless, a prime piece of land in what would be a future financial district. The Rochor-Ophir parcel may appear at first glance to be slightly out of the way, but given its proximity to a future station and the proximity to the existing Bugis MRT station, this development is highly accessible with a lot of potential.