Want a house in Yishun? Learn the upcoming EC at Yishun Avenue 9

The EC parcel at Yishun Avenue 9 drew in a higher-than-expected top quote cost of $373.5 mil from Singapore-listed residential property programmer Sing Holdings. The price translates to a land rate of $576 per sqft per plot ratio. The quote price is far better than market expectations that range from $500 to $550 per sqft per plot ratio. The last 2 ECs released in Yishun were both in 2015. The brand-new EC at Yishun will certainly be the next, and it will be at some time in 2022, which is 6 to 7 years after the last 2 EC tasks were launched. The Yishun EC project is located in close proximity to a plethora of amenities. The project is a few minutes' walk away from Yishun and Khatib MRT Station. The rest of Singapore is also highly accessible via TPE, SLE, CTE, and the future North-South Corridor (NSC). Despite being in a location that is removed from the hustle and bustle of the city centre, the new EC at Yishun is relatively accessible via major expressways such as TPE, CTE & SLE.
Source: New EC in Yishun www.yishunec-sg.com

The new EC @ Yishun Ave 9 is also family-friendly as it is close to Chongfu Primary School, Northland Primary School, Chung Cheng High School and Yishun Junior College. Khoo Teck Puat Hospital and a community hospital nearby will help to fulfill the healthcare needs of the residents. ECs are often said to "make money" immediately after the five-year Minimum Occupation Period (MOP). Real estate experts believe prospective buyers are easy to find for resale ECs-- only the 1st batch of buyers are faced with the MOP, and the theory is that any buyers would be purchasing closer to the date of full privatisation.

Developers have always been confident about ECs, because these are some of the more in-demand property types. ECs are a mixture between public and private housing; they are only HDB properties for the first 10 years, and are fully private after that. Yishun, originally known as Nee Soon, is a place located in the northeastern corner of the North Region of Singapore, bordering Simpang and Sembawang to the north, Mandai to the west, the Central Water Catchment to its southwest, Ang Mo Kio to its south, and Seletar and Sengkang to its east.