Location and Features of North Gaia EC
North Gaia EC is a highly anticipated executive condominium situated in the emerging North Sector of Singapore. It boasts a prime location next to the scenic Khatib Bongsu nature park, offering residents a green and serene living environment. The development overlooks Sungei Khatib and Johor straits, providing captivating views and a tranquil ambiance.
One of the key attractions of North Gaia EC is its proximity to several nature parks, allowing residents to immerse themselves in the beauty of nature. Additionally, the convenience of transportation is enhanced by its location, with only 3 bus stops away from Yishun MRT station and Integrated Transport Hub. This accessibility makes traveling to other parts of Singapore a breeze.
For shopping enthusiasts, North Gaia EC is just a 6 minutes' walk to Junction Nine, where a plethora of shopping malls can be found within easy access.Moreover, the region offers an abundance of lifestyle amenities, including SAFRA Yishun Country Club, Orchid Country Club, and various recreational options. Families with children will also appreciate the close proximity to many schools, ensuring quality education for their little ones.
Furthermore, the transformation of the North Region presents promising property investment potential. The development is also near the new Rapid Transit System (RTS), which will link directly to Johor, opening up even more opportunities for connectivity and cross-border travel. Investors will find North Gaia EC attractive due to its attractive entry price, offering relatively low land cost compared to recent record land sale prices.
Property Fact Sheet
Developer: Sing Holdings (Yishun) Pte Ltd.
Type: Executive Condominium
Total Units: 616 (Eleven 14-storey blocks)
Site Area: 21,514 m² (231,576 sq ft)
Gross Floor Area: 60,239.2 m² (648,414 sq ft)
Plot Ratio: 2.8
Expected TOP: June 2027
Address: Along Yishun Close Singapore
District: D27 - Sembawang / Yishun
Tenure: 99 Years
Carpark: 616 carpark lots + 11 accessible lots + 103 bicycle spaces
Developer Profile: Sing Holdings Limited
Sing Holdings Limited is the developer behind North Gaia EC. Established in Singapore in 1964, Sing Holdings is a property development and investment holding firm listed on the Mainboard of the Singapore Exchange. The company has a diverse portfolio of property developments, encompassing landed houses, apartments, condominiums, offices, industrial buildings, factories, and warehouses.
Sing Holdings boasts a track record of successful residential projects such as BelleRive in the Bukit Timah neighborhood, The Laurels at Cairnhill, Waterwoods in Punggol, and Robin Residences at Robin Drive. The company's commitment to delivering quality developments has been recognized through various awards, including the prestigious FIABCI Singapore Property Award and the BCA Green Mark Award (Gold Plus).
With their extensive experience and credibility in the industry, Sing Holdings has garnered the trust of homebuyers and investors alike. Their commitment to excellence and innovation ensures that North Gaia EC is a development of exceptional quality.
Pricing Analysis and Comparative Market Review
On the launch day, units at North Gaia EC were sold at an average price of $1,302 per square foot (PSF). The cheapest option available was a 3-bedder starting from $1,140,000 ($1,177 PSF). It is important to note that these prices may vary, and interested parties should contact the developer for the latest pricing information.
Comparatively, North Gaia's selling prices are similar to Parc Central Residences executive condominium located in Tampines, which was launched for sale in January 2020 and had a marginally higher land rate of $578 PSF per plot ratio (PPR). Another nearby executive condominium, Provence Residence at Canberra Crescent, had a lower land price of $566 PSF PPR and has been selling between $1,022 PSF and $1,304 PSF.
When considering the pricing of North Gaia EC, it is important to factor in the potential for capital appreciation. With the latest EC land tender for Bukit Batok Avenue 8 hitting a new record of $662 PSF PPR, North Gaia presents an attractive opportunity to secure a property at an attractive entry price due to its relatively lower land rate.
Design Features and Surrounding Infrastructure
North Gaia EC incorporates several thoughtful design features aimed at enhancing the living experience for its residents. The blocks are tilted in a 22.5-degree north-south orientation towards the west, avoiding direct fronting of Symphony Suites at the southwest. Additionally, the location of the blocks is planned to provide larger landscape spaces between them, minimizing overlooking issues and ensuring privacy. Towers situated along Yishun Avenue 8 have an additional setback of 15m to mitigate traffic noise.
Furthermore, dis-amenities such as the tennis court are sunken at the basement level to reduce noise impact. The pavilions are strategically placed away from residential tower blocks along Yishun Avenue 8, providing residents with a peaceful and harmonious living environment.
In terms of surrounding infrastructure, North Gaia EC enjoys an excellent location. It is situated near the 40-hectare Khatib Bongsu Nature Park, allowing residents to embrace nature and enjoy the tranquility it offers. The development is approximately 1.6km from the Yishun integrated transport hub (ITH), which seamlessly links bus interchanges, MRT stations, and commercial developments such as shopping malls. Northpoint City, the largest shopping mall in the north, is just 3 bus stops away from the integrated transport hub.
Additionally, North Gaia EC is strategically integrated into the Yishun URA Masterplan. Future developments in the area include a new polyclinic, MRT station, park connector, and the North Coast Innovation Corridor. These developments are set to enhance the value of properties in the area, including North Gaia EC, making it an ideal investment option.
In conclusion, North Gaia EC offers a prime location, thoughtful design features, and promising property investment potential in the North Region. With its close proximity to nature parks, amenities, and excellent connectivity, this executive condominium presents an attractive opportunity for homebuyers and investors alike. Interested parties are advised to act fast to secure their units in this highly sought-after development.
For Enquiry & Viewing, Please Contact Official Developer Appointed Sales Team at +65 9048 0660
Contact Via Whatsapp @ +65 9048 0660
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