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Sing Holdings won the top bid of S$373.5 million which translates a land rate of S$576psf

Oct 11

Bird Eye View for North Gaia EC At Yishun Ave 9 by Sing Holdings

Sing Holdings Limited won the bid for an North Gaia EC Site at Yishun avenue 9. In a state tender, this bid was one of seven. North Gaia EC has a total area of 231,575 square feet and a plot rate 2.8. Record-breaking bid of S$373.5million received. This is equivalent to S$576 per square ft per plot (psf/r).

 

This North Gaia EC breakeven cost is approximately S$1,000 psf. North Gaia EC launch costs may range between $1,150 to $1,200.

North Gaia is located at the Yishun MRT Station on Yishun avenue 9, just 2km from Yishun Town. After Signature at Yishun 2017, 2018, and 2014, this is the newest EC site in the region to be offered via GLS. It is possible that there will be some demand.

North Gaia can be found at Yishun ave 9 EC. It is located adjacent to Symphony Suites. They were completed in 2018 and sold for an average S$1,118 per sq foot in 2021. Nine Residences is a mixed residential/retail development located on Yishun Avenue 9. It was completed in 2015. In 2021, it was resold for an average of S$1,167/square foot.

Yishun can be described as a family-oriented city. There are many amenities to suit all ages. In the next five years, Yishun will have new malls or hawker centres.

Residents will have easy access to bicycle routes, and the infrastructure for transportation will be upgraded in order to improve connectivity.

Want to know how Yishun Area was planned? And the wide range of facilities that will be made available to residents in the future? The Yishun Area URA Masterplan is available.

Why Invest in North Gaia EC?

  • Design and layout that are efficient allow for customization.
  • Just minutes from the market, food court and convenience stalls.
  • Excellent rental opportunity close to G.E.M.S International school + Seletar Aerospace Park
  • 1-year free shuttle bus to Yishun MRT & Bus Interchange
  • Within 1km Of Yishun Integrated Mall With Interchange / North Point City
  • Nearest Health Care Center: Khoo Teck Puat Hospital and the Yishun Community were remodeled with a three-storey tower for lookout.

North Gaia EC is located approximately 1.6km away from Northpoint City’s Yishun MRT Station. You can reach it by bus in a few minutes. Northpoint City is a 1.33m2 shopping center. It has many amenities, including a regional library, and a community club. The new EC site can be found within 1 km from Khoo Teck Puat General Hospital and Community Hospital, as well as Chong Fu Primary school. This school is ideal for parents with young children.

North Gaia EC families have many lifestyle options, such as kayaking, visiting Yishun Park and joining clubs like Safra Yishun Country Club and Orchid Country Club.

North Gaia was created to fulfill all of your needs. It's a safe haven for young families, and it is multi-generational. Soon. Keep checking for floor plans in North Gaia EC.