All about the North Gaia EC in Yishun

The EC land parcel at Yishun Ave 9 attracted a higher-than-expected leading quote rate of $373.5m from Singapore-listed property designer Sing Holdings. The rate equates to a land price of $576 per sqft per plot ratio. The bid price is much better than market assumptions that array 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 next, as well as it will certainly be at some point in 2021 or 2022, which is six to seven years after the last 2 EC tasks were introduced.

North Gaia, District 27, is a residential sanctuary for the routine city slicker. Positioned along Yishun Ave 9, the new North Gaia EC at Yishun is a suburban oasis for the routine city dweller. The locals will certainly take pleasure in the closeness to rich greenery at Sungei Khatib, which offers homeowners a scenic view and is a definite plus point for nature fans. It is close to Sungei Khatib with its lush greenery that will certainly appeal to nature enthusiasts trying to find a scenic view. The new executive condo has an unblocked view of the water and the nature park.

This land is an Executive Condominium (EC) land parcel, located at the intersection of Yishun Avenue 8 and 9, beside the Harmony Suites apartment. In Addition To Nine Residences, located about 600 metres away, the various other houses right here are HDB flats. Like lots of other EC websites, it's fairly far 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 year 2015, the last being The Signature and The Criterion.


Source: North Gaia EC https://north-gaia.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 5 year Minimum Occupation Period (MOP). Real estate experts believe prospective buyers are easy to find for resale ECs-- only the first 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 highly-sought-after property types. ECs are a cross between public and private housing; they are only HDB properties for the 1st few years, and are privatised after that.

The Seletar Aerospace Park – providing 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.

Yishun, formerly known as Nee Soon, is a town 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, as well as Seletar and Sengkang to its east.