All about the North Gaia EC in Yishun
The EC land parcel at Yishun Avenue 9 drew in a higher-than-expected leading proposal rate of $373.5 mil from Singapore-listed property programmer Sing Holdings. The price equates to a land price of $576 per sqft per plot ratio. The bid rate is far better than market expectations that range from $500 to $550 per square foot per plot ratio. The last 2 ECs released in Yishun were both in year 2015. The brand-new EC at Yishun, now known as North Gaia, will be the following, as well as it will certainly be at some point in 2021, which is 6 to 7 years after the last 2 EC tasks were released.
The The new Yishun ave 9 EC North Gaia 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).
Drivers will find the future North-South Corridor (NSC) that makes travelling into the city a lot faster. The NSC with 21.5 km route will run both underground and above ground from Woodlands to CBD. Express bus services will run along the route on dedicated bus lanes and the cycling trunk route will be established along NSC.
Source: North Gaia EC north-gaia.com
The site is surrounded by a wide range of amenities to create a pleasant living environment. A short drive to Northpoint City, the latest mega integrated mixed development and transportation hub in Northern Singapore, a favourite haunt for the nearby residents. It provides lots of retail outlets, food and beverage, food courts, additional choices for grocery shopping, community club and public library. The residents will enjoy the convenience of amenities with cinemas, restaurants, supermarket, and eateries.
Why buy North Gaia? Efficient layout & design allows flexibility in customization. Walking distance to the food court, markets and convenient stalls. Attactive 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. Developers have confidence in ECs, believing these are some of the more in-demand property types. ECs are in between public and private housing; they are only HDB properties for several years, and are privatised after that.
The Seletar Aerospace Park – which offers purpose-built land and infrastructure for the aerospace industry – acts as an important role to supporting the country’s vision to become 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.
Yishun, formerly known as Nee Soon, is a residential area situated 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, as well as Seletar and Sengkang to its east.