North Gaia | EC at Yishun Ave 9 in 2022 by Sing Holdings

Posted by Shawnie Walker on November 16th, 2021

North Gaia EC at Yisun ave 9 is expected to break even at around S,000 per square foot. North Gaia EC is expected to cost between ,150 and ,200 when it launches.

Between Yishun Avenue 9 and Yishun Close, North Gaia consists of 11 14-story buildings with a total of 617 units. From the other six bidders, Sing Holdings won the land. There are a variety of flats available, ranging from 3 to 5 bedrooms, to fit any size family.

Construction will begin in the third quarter of 2021, with sales to begin in the first half of 2022. In 2026, the TOP is expected.

North Gaia is around 2 kilometers from the Yishun MRT Station, on Yishun Avenue 9 and Yishun Close. Since 2014, it has been the area\'s newest EC site available on the GLS.

The plot ratio is 2.8 and the land measures 21,514.0 sqm (231,575 sqft). It works out to a record S6psfppr with the top bid of S5.5 million.

This Yishun EC is expected to break even at roughly S,025psf. The launch pricing of North Gaia EC might be anywhere between ,150 and ,250.

Yishun is best defined as a family-friendly town with a wide range of amenities for people of all ages. Yishun will be revitalized over the next five years with new malls, hawker centers, and cycling routes, as well as improved transportation infrastructure for inhabitants.

Sing Holdings Limited, the developer of North Gaia, is a Singapore developer with a long history of developing commercial and industrial buildings, condominiums, and landed residences in the city-state. The developer takes pleasure in providing high-quality products to their customers by attentively overseeing each stage of development to assure the highest level of quality. Property development and investing are Sing Holdings Limited\'s key focuses. They also possess a service hotel in Australia with 291 rooms and a business center in Singapore with around 40 units.

Seven bids were submitted for the public land tender on the Yishun Avenue 9 EC site in 2020. The land, which is 1.4 kilometers from the Yishun MRT station, has the capacity to build 600 housing units. Sing Holdings sold the land for 3.5 million, or 6 per square foot for the plot ratio, in November 2020.

To find out more on this development, view https://www.propertyreview.sg/north-gaia/

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Shawnie Walker

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Shawnie Walker
Joined: September 19th, 2020
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