North Gaia, which is located between Yishun Avenue 9 and Yishun Close, is made up of 11 14-story blocks with a total of 617 units. Sing Holdings beat out the other six bidders for the land. Units ranging in size from 3 to 5 bedrooms are available to suit various household sizes.

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

North Gaia is about 2 kilometers from the Yishun MRT Station, near Yishun Avenue 9 and Yishun Close, on the outskirts of Yishun town. Since 2014, it has become the newest EC site in the area to be sold on the GLS.

The plot ratio is 2.8 and the land has an area of 21,514.0sqm (231,575sqft). It works out to a record of S$576psfppr with the top bid of S$375.5 million.

The breakeven cost of this Yishun EC is anticipated to be around S$1,025psf. The North Gaia EC launch price could be anything between $1,150 and $1,250.

Yishun is best defined as a family-oriented 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 to increase connectivity for inhabitants.

Sing Holdings Limited, the developer of North Gaia, is a Singapore developer with a long history of producing commercial and industrial buildings, condominiums, and landed residences. The developer takes pleasure in providing high-quality products to their customers, ensuring that each step of the development process is meticulously managed to ensure the highest level of quality. The major focus of Sing Holdings Limited is property development and investing. They also possess a 291-room service hotel in Australia and around 40 units in Singapore's BizTech Center.

With seven offers, the public land tender on the Yishun Avenue 9 EC site in 2020 aroused a lot of interest. The location is 1.4 kilometers from the Yishun MRT station and has the capacity to build 600 homes. Sing Holdings sold the land in November 2020 for $373.5 million, which comes out to a land value of $576 per square foot for the plot ratio.

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