Initial introduction about North Gaia EC
The tender for the executive condominium (EC) land parcel at Yishun Ave 9 was awarded to Sing Holdings Limited, after it sent the top proposal of $373.5m, said the Real estate as well as Development Board (HDB) on Friday 20 Nov. Introduced offer for sale on 30 Apr, the 99-year leasehold site has an area of 21,514.0 square meter as well as a maximum gross flooring location of 60,240 square meter. It can generate up to 600 real estate units. The tender for the parcel closed on 29 Oct 2020, with seven proposals received.
North Gaia, Area 27, is a household sanctuary for the routine city slicker. Located along Yishun Ave 9, the brand-new North Gaia EC at Yishun is a suburban sanctuary for the regular city slicker. The citizens will take pleasure in the closeness to rich plant at Sungei Khatib, which provides locals a panorama and is a certain plus point for nature lovers. It is close to Sungei Khatib with its rich greenery that will certainly attract nature fans seeking a scenic view. The brand-new exec condominium has an unblocked view of the water and the nature park.
This site is an Exec Condo (EC) parcel, located at the junction of Yishun Ave 8 and also 9, beside the Symphony Suites condominium. Aside From Nine Houses, situated around six hundred metres away, the other residential properties below are HDB flats. Like many various other EC websites, it’s quite 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 at Yishun ave 9 https://north-gaia.com/
The site is surrounded by a wide range of amenities to make it a wonderful place to stay. 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 offers 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.
Why buy North Gaia? Efficient layout & design allows flexibility in customization. Walking distance to the food court, markets and convenient stalls. Great rental potential 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 experts expect that it will build approximate six hundred homes. It’s also expected to enjoy beautiful secene of the Khatib Bongsu nature park, once NParks completes it.
The Seletar Aerospace Park – providing purpose-built land and infrastructure for the aerospace industry – acts as an important 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 made his fortune from the rubber and pineapple plantations he found in this place. 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.