Why is North Gaia EC a good buy?

The tender for the executive condominium (EC) land parcel at Yishun Ave 9 was awarded to Sing Holdings Ltd, after it persented the leading proposal of $373.5 million, stated the Real estate and also Advancement Board (HDB) on Friday 20 November. Released available for sale on 30 April, the 99-year leasehold land parcel has an area of 21,514.0 square meter as well as a maximum gross floor area of 60,240 sqm. It can produce approximately six hundred housing units. The tender for the site closed on 29 Oct 2020, with 7 quotes obtained.

The North Gaia in Yishun ave 9 is located in close proximity to a plethora of amenities. It is down the road from Junction Nine and is also surrounded by numerous established schools.

Drivers will find the future North-South Corridor (NSC) that makes travelling into the city a lot faster. The NSC with 21.5 km route will run both underground and above ground from Woodlands to CBD. Express bus services will run along the route on dedicated bus lanes and the cycling trunk route will be established along NSC.

North Gaia EC location map
Source: North Gaia EC north-gaia.com

The site is surrounded by many 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 lots of retail outlets, food and beverage, food courts, additional choices for grocery shopping, clud & library. Future residents of North Gaia EC will enjoy the convenience of amenities with cinemas, restaurants, supermarket, and eateries.

North Gaia EC dummy perspective 3

Why buy North Gaia EC? Efficient layout & design allows flexibility in customization. Walking distance to the food court, markets and convenient stalls. Competitive 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. Developers have confidence in ECs, for the reason that these are some of the highly-sought-after types of properties. ECs are a cross between public and private housing; they are only HDB properties for the first 10 years, and are privatised after that.

The Seletar Aerospace Park – providing purpose-built land and infrastructure for the aerospace industry – plays a vital 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.

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 divided into several 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.

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