Is another EC in Yishun worth buying? North Gaia
The tender for the executive condo (EC) site at Yishun Ave 9 was awarded to Sing Holdings Ltd, after it put up the top proposal of $373.5 million, stated the Housing as well as Development Board (HDB) on Friday 20 Nov. Launched for sale on 30 Apr, the 99-year leasehold land parcel has a location of 21,514.0 square meter as well as an optimum gross floor area of 60,240 sqm. It can produce approximately 600 real estate units. The tender for the parcel closed on 29 October, with 7 quotes got.
North Gaia, Area 27, is a residential place for the normal city dweller. Situated along Yishun Ave 9, the brand-new North Gaia EC at Yishun is a rural sanctuary for the regular city dweller. The locals will enjoy the proximity to rich greenery at Sungei Khatib, which supplies citizens a scenic view as well as is a precise plus factor for nature enthusiasts. It is close to Sungei Khatib with its lavish plant that will certainly attract nature lovers searching for a panorama. The new exec condo has an unblocked sight of the water and also the nature park.
This land is an Executive Condominium (EC) land, situated at the crossway of Yishun Ave 8 and 9, beside the Symphony Suites condominium. Apart from Nine Residences, situated around 600 metres away, the various other houses below are HDB apartments. Like lots of various other EC websites, it's quite much from the MRT station-- roughly 1.6 km. However, it is within 700 metres (nine minutes' walk) of the Junction 9 shopping mall. This is the first EC launch in Yishun in 2015, the last being The Signature and The Criterion.
Source: North Gaia EC https://north-gaia.com/
The site is surrounded by many amenities to make it a wonderful place to stay. A short drive to Northpoint City, the latest mega integrated mixed project and transportation hub in Northern Singapore, a favourite haunt for the nearby residents. It offers lots of retail outlets, food and beverage, food courts, additional choices for grocery shopping, clud & library. The residents will enjoy the convenience of amenities with cinemas, restaurants, supermarket, and eateries.
Why invest in North Gaia EC? Efficient layout & design allows flexibility in customization. Minutes walk to the food court, markets and convenient stalls. Competitive rental with close proximity to G.E.M.S International School + Seletar Aerospace Park. Free 1 Year Shuttle Bus To Yishun MRT & Bus Interchange. Within 1km To Yishun Integrated Mall with Interchange/ North Point City. Near Health care center; Khoo Teck Puat Hospital, the Yishun Community and Yishun Pond was revamped with a three-storey lookout tower. The Yishun site is quite large, and experts predict that it will build about 600 homes. It's also expected to enjoy beautiful secene of the Khatib Bongsu nature park, once NParks completes it.
The Seletar Aerospace Park – which offers purpose-built land and infrastructure for the aerospace industry - acts as a vital role to supporting the country's vision for being a global aviation hub. These growth areas are key employment nodes which can potentially provide a healthy tenant pool for future residents who wish to lease North Gaia EC units out - after fulfilling the required MOP.
The name Yishun is a Mandarin romanisation of Lim Nee Soon, a prominent industrialist who made his fortune from the rubber and pineapple plantations he had in the area. Yishun planning area is separated into several zones namely Khatib, Lower Seletar, Nee Soon, North Land, Springleaf, Yishun Central, Yishun East, Yishun South and Yishun West. Springleaf and Nee Soon subzones are private housing estates in Yishun.
