Information of North Gaia EC
The EC land at Yishun Ave 9 brought in a higher-than-expected top bid rate of $373.5m from Singapore-listed property programmer Sing Holdings. The rate translates to a land rate of $576 per sqft per plot ratio. The proposal price is much better than market expectations that range from $500 to $550 psf ppr. The last 2 ECs introduced in Yishun were both in year 2015. The new EC at Yishun, now known as North Gaia, will be the following, and also it will certainly be at some point in 2021 or 2022, which is six to seven years after the last 2 EC jobs were launched.
North Gaia in Yishun ave 9, District 27, is a domestic haven for the normal city slicker. Situated along Yishun Avenue 9, the new North Gaia EC at Yishun is a rural sanctuary for the normal city dweller. The citizens will certainly enjoy the distance to lavish plant at Sungei Khatib, which offers citizens a panorama as well as is a guaranteed plus point for nature fans. It is close to Sungei Khatib with its lavish greenery that will certainly appeal to nature fans searching for a panorama. The brand-new executive condo has an unblocked view of the water and the nature park.
This land is an Exec Condominium (EC) land parcel, situated at the intersection of Yishun Avenue 8 and 9, alongside the Harmony Suites condominium. Aside From 9 Houses, located about 600 metres away, the various other residential properties here are HDB apartments. Like several various other EC websites, it's fairly 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 https://north-gaia.com/
The site is surrounded by lots of amenities to create a pleasant living environment. 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 provides many 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.
ECs are often said to "make money" immediately after the 5 year Minimum Occupation Period (MOP). Many people 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, believing these are some of the highly-sought-after property types. ECs are a mixture between public and private housing; they are only HDB properties for several years, and are privatised after that.
The Seletar Aerospace Park – offering 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 minimum occupation period.
Yishun, formerly known as Nee Soon, is a residential 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.
North Gaia in Yishun ave 9, District 27, is a domestic haven for the normal city slicker. Situated along Yishun Avenue 9, the new North Gaia EC at Yishun is a rural sanctuary for the normal city dweller. The citizens will certainly enjoy the distance to lavish plant at Sungei Khatib, which offers citizens a panorama as well as is a guaranteed plus point for nature fans. It is close to Sungei Khatib with its lavish greenery that will certainly appeal to nature fans searching for a panorama. The brand-new executive condo has an unblocked view of the water and the nature park.
This land is an Exec Condominium (EC) land parcel, situated at the intersection of Yishun Avenue 8 and 9, alongside the Harmony Suites condominium. Aside From 9 Houses, located about 600 metres away, the various other residential properties here are HDB apartments. Like several various other EC websites, it's fairly 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 https://north-gaia.com/
The site is surrounded by lots of amenities to create a pleasant living environment. 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 provides many 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.
ECs are often said to "make money" immediately after the 5 year Minimum Occupation Period (MOP). Many people 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, believing these are some of the highly-sought-after property types. ECs are a mixture between public and private housing; they are only HDB properties for several years, and are privatised after that.
The Seletar Aerospace Park – offering 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 minimum occupation period.
Yishun, formerly known as Nee Soon, is a residential 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.
