2 more CDBs

Is this good news or bad news? From the point of generating income, it is good news. The designation of CDBs means charges for parking and car entry into the CBDs should go up. The prices of properties and rentals should also go up. So prices would generally go up. The economy will get a boost. Net effect, many people and organisations would be well positioned to reap a windfall. For the workers, there will be savings for transportations and travelling time, that is if they can relocate or find jobs nearer home.

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