Things to know before you consider North Gaia EC
The EC land parcel at Yishun Ave 9 attracted a higher-than-expected top proposal rate of $373.5 million from Singapore-listed home programmer Sing Holdings. The rate converts to a land price of $576 per sqft per plot ratio. The proposal cost is better than market expectations that array from $500 to $550 per sqft per plot ratio. The last 2 ECs launched in Yishun were both in year 2015. The new EC at Yishun, now known as North Gaia, will certainly be the next, as well as it will certainly be at some time in 2022, which is 6 to seven years after the last 2 EC jobs were released.
The The new Yishun 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).
Despite being in a location that is removed from the hustle and bustle of the city centre, the new EC at Yishun is relatively accessible via major expressways such as TPE, CTE & SLE.
Source: North Gaia EC north-gaia.com
The new EC @ Yishun Ave 9 is also an ideal home for families with children because 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.
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. The Yishun site is quite large, and it’s expected that it will build approximate 600 units. 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 – plays 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 minimum occupation period.
The name Yishun is a Mandarin romanisation of Lim Nee Soon, a prominent industrialist who became rich from the rubber and pineapple plantations he had in the area. Yishun planning area is separated into sub-zones covering 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.