The potential of the EC in Yishun

The tender for the exec condo (EC) land parcel at Yishun Avenue 9 was awarded to Sing Holdings Limited, after it persented the leading quote of $373.5 million, claimed the Real estate and also Development Board (HDB) on Friday 20 November. Launched available on 30 Apr, the 99-year leasehold parcel has a location of 21,514.0 square meter and also an optimum gross flooring area of 60,240 sqm. It can yield as much as six hundred real estate units. The tender for the land parcel closed on 29 Oct 2020, with seven bids got. The Yishun EC project is located in close proximity to a plethora of amenities. The project is a few minutes' walk away from Yishun and Khatib MRT Station. The rest of Singapore is also highly accessible via TPE, SLE, CTE, and the future North-South Corridor (NSC). 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.
Source: Yishun EC www.yishunec-sg.com

The new EC @ Yishun Ave 9 is also an ideal home for families with children since 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 5 year Minimum Occupation Period (MOP). Some believe prospective buyers are easy to find for resale ECs-- only the 1st 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 quite large, and experts predict 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, originally known as Nee Soon, is a town located 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 its east.