Yishun Ave 9 EC, not to be missed out
The tender for the executive condominium (EC) land at Yishun Ave 9 was granted to Sing Holdings , after it put up the top bid of $373.5 mil, stated the Real estate and Growth Board (HDB) on Friday 20 Nov. Released available for sale on 30 Apr, the 99-year leasehold site has a location of 21,514.0 square meter as well as a maximum gross flooring area of 60,240 sqm. It can generate as much as 600 housing units. The tender for the parcel closed on 29 October, with seven quotes received.
New executive apartment in Yishun Ave 9, District 27, is a property haven for the normal city dweller. Situated along Yishun Avenue 9, the brand-new EC at Yishun is a rural sanctuary for the regular city dweller. The residents will certainly enjoy the closeness to lavish greenery at Sungei Khatib, which provides locals a panorama as well as is a precise plus factor for nature enthusiasts. It is close to Sungei Khatib with its rich plant that will certainly interest nature fans looking for a panorama. The brand-new exec condominium has an unblocked sight of the water and also the nature park.
This parcel is an Executive Condo (EC) land, situated at the junction of Yishun Ave 8 and 9, next to the Symphony Suites condo. In Addition To Nine Residences, situated about six hundred metres away, the other residential properties below are HDB flats. Like lots of other EC sites, 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: Yishun Ave 9 EC www.yishunec-sg.com
The new EC @ Yishun Ave 9 is also an ideal home for families with children as it is nearby 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” right after the five-year Minimum Occupation Period (MOP). Some 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.
The Yishun site is really big, and experts expect that it can yield about 600 homes. It’s also expected to have a good view of the Khatib Bongsu nature park, once NParks completes it.
Yishun, formerly known as Nee Soon, is a area situated 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, and Seletar and Sengkang to the east.