North Gaia EC Showflat Update
North Gaia showflat is new upcoming condominium for advance booking is required for viewing slots at the North Gaia showflat. launched for sale in 7 April 2022. North Gaia showflat location is located near Yishun Ave 9, Singapore 880703.
North Gaia Showflat Date
Showflat Viewing Slots: 7 to 19 April 2022
E-Application Period: 7 to 19 April 2022
Price List Release: 20 to 21 April 2022
Pre-Balloting Day: 22 April 2022
Booking Day: 23 April 2022
Advance booking is required for viewing slots at the North Gaia showflat.
North Gaia Showflat Types
3 Bedroom . Type C3 . 969 sq ft
3 Bedroom + Study / Utility + Yard . Type CS5b . 1,076 sq ft
4 Bedroom . Type D4-H . 1,389 sq ft
North Gaia EC
In April 2022, the upcoming North Gaia EC will be launched for sale as a new executive condominium in Singapore’s north. Given the lack of new EC developments in Yishun for six years, there will be a lot of pent-up demand. At the junction of Yishun Avenue 9 and Avenue 8, local developer Sing Holdings Limited is constructing the North Gaia executive condominium. The 40-hectare Khatib Bongsu Natural Reserve, located on Singapore’s northeastern coast, has a commanding view of the park.
With 616 units, from three-bedroom to five-bedroom apartments, North Gaia EC is a huge, executive residential complex. Because of its tranquil atmosphere, proximity to nearby amenities, and reasonable sale price, North Gaia is situated in the peaceful and charming North-Eastern section of Yishun at Yishun Avenue 9. The beautiful scenery of the Khatib Bongsu Nature Park, as well as the easy connection to well-connected highways and expressways, sets North Gaia apart from other executive condominiums in the region.
With pleasant and homey interiors, North Gaia provides excellent space and functional condominium living. Units in this development are valued at a certain price as compared to comparable developments. A huge outdoor swimming pool, a clubhouse, and a tennis court are among the other amenities and facilities available. Due to the lack of EC launches in the region for more than 5 years, there is a pent-up demand set for the launch. During the initial launch, all 616 units are anticipated to be released, and they will be offered for purchase on a first-come, first-served basis.
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North Gaia Floor Plans
Sixteen-story high residential towers with 616 flats, two levels of basement parking, two 50m long swimming pools, landscape deck, tennis court, clubhouse, and other common amenities make up the construction.
To meet the needs of young couples, families with children, and extended or multigenerational families who want to dwell together, the project will include a variety of three to five-bedroom apartments.
Several of the higher-floor apartments will have unobstructed views of the park and the bay. Families may go over to the property for leisure activities like kayaking.
- Bedrooms – 3, 4 and 5
- Showflat address – i dont have exact address but it’s along Canberra Road (beside Assyafaah Mosque)
- Facilities – bbq, fitness corner, fun pool, fuSeveral of the higher-floor apartments will have unobstructed views of the park and the bay. Families may go over to the property for leisure activities like kayaking.nction rooTo meet the needs of young couples, families with children, and extended or multigenerational families who want to dwell together, the project will include a variety of three to five-bedroom apartments.m, gym, games room, fountain, jet pool, jogging track, lap pool, meeting room, multi purpose hall, parking, playground, pool deck, security, spa pool, steam room.
North Gaia Site Plan
North Gaia site area of 231,576 sq ft (231.6 Sqm) makes it the largest site area in north singapore when compare to other commercial and residential districts with an average site area of 30-50SqM. North Gaia is like a home away from home for families big or small as it catered them all by providing facilities such as indoor play areas, community hall, fitness centre / gymnasiums for children & adults..
In reality, it has a huge expanse of greenery to its north-east along Yishun Avenue 8. Seletar Island, which faces the Johor Straits, is covered in greenery that extends all the way to the sea. The Khatib Bongsu mangrove reserve is currently protected by 40 hectares of land, which is a reserve site.
North Gaia Price
The estimated breakeven for this Yishun site is around $1,000 to $1,050 PSF, assuming that all regulatory, development, financing, and marketing costs are accounted for. We could be heading towards a $1,100 PSF price tag for the launch.
North Gaia Location
North Gaia EC is a shopping mall located in Yishun Avenue 9 with Junction 8 shopping mall nearby. The mall will be opened by 2021 and it is expected to have 500 shops within the retail podium building, as well as outdoor commercial space for different merchants like massage centre, kopitiams.
North Gaia primary schools within 1km includes: the sing holdings (chongfu primary school) and yishun town schools.
Northpoint city has been well-received in north singapore. It is the latest development from north point city to improve north point city’s offering and attract more residents. The retail mall which houses over 400 tenants like JB Hi-Fi, Uniqlo, IKEA and many others provides a great shopping experience for locals too!
Northpoint mail provides a transportation hub that connects yishun mrt to other parts of Singapore. North Point City is the largest mall in north and also links directly via an underpass to yishun mrt station which has 500 dining & retail outlets. It integrates public library, community club and town plaza located at Yishun Central 4 bus stops away from ang mo kio wetlands area where one can reach future delkei lrt connections ( North Point City, Ang Mo Kio Wetlands).
Frequently Asked Questions (FAQ)
Is North Gaia Worth Buying?
The total price of a North Gaia EC can range from $400,000 to $1.2 million depending on the area and size of the unit.
The most expensive North Gaia units are located in blocks of 12 and 13 storeys with prices
The prices of ECs are typically lower than private properties.
However, there is a large difference in the size and amenities offered between them. The same amount of money can buy you much more space and luxury if you choose to buy an EC.
Here are some reasons why North Gaia is worth buying?
The fact that pricing on ECs can be 20 to 25 percent lower than comparable properties is the reason for an EC being a value buy. Since its inception in the 1990s, ECs have always been extremely popular among the sandwiched class. In order to purchase a brand new executive condominium, several criteria must be satisfied, making it difficult for investors to participate in this market and at a certain time of the cycle. After 5 or 10 years, ECs may also be resold in the private market, giving original EC owners a huge advantage due to their low starting price.
North Gaia is also located on the northernmost site between them and Symphony Suites, therefore the spectacular vistas of Khatib Bongsu Nature Park are not obscured by Symphony Suites, but rather the other way around. As we begin comparing to adjacent developments in the region, it becomes clear that North Gaia is likewise situated on a site between them and Symphony Suites.
In addition, at this time, there are less than 1,000 apartments available in Symphony Suites and Junction Nine Residences in this section of Yishun, which is private residential supply. When North Gaia is also built on the northernmost location between them and Symphony Suites, the stunning views of Khatib Bongsu Nature Park will not be obscured by Symphony Suites, but rather the other way around. North Gaia is likewise located on a site between them, as we shall see as we compare it to surrounding developments in the area, and Symphony Suites obtains its TOP, making it around 6 years younger than its neighbors.
The reason for an EC being a value buy is the fact that pricing on ECs may be 20 to 25% lower than comparable properties. ECs have always been extremely popular among the sandwiched class since their inception in the 1990s. Many requirements must be met before an investor can participate in this market, and many of them are difficult to meet at a certain time in the cycle. Because of their low starting price, ECs may be resold after 5 or 10 years in the private market, giving original EC owners a significant advantage.
Am I Eligible to Buy an EC?
You are eligible to buy a unit at North Gaia EC if you are a Singapore citizen, Singapore Permanent Resident (PR), or a Singaporean, and you are a member of the Public Provident Fund (PPF) or Central Provident Fund (CPF) Scheme, which is administered by the Central Provident Fund Board (CPF Board).
Singles can purchase new ECs through the Joint Singles Scheme, but they will need to form a household of 2, 3, or 4 singles, all of whom must be Singapore citizens and at least 35 years old. ECs are significantly more expensive than HDB flats.
The EC for North Gaia EC is a new development that will offer three and five bedroom homes with a maximum income of $16,000, and there would be no additional buyer stamp fees. The EC will have its own office, car park, and clubhouse – all of which can be used by residents at no extra cost.
