Home New Launch Projects3 Bedrooms North Gaia – Yishun (Executive Condo)

North Gaia – Yishun (Executive Condo)

by Singapore Property

North Gaia (EC) – Yishun

North Gaia is a new executive condominium development located in Yishun, Singapore. Here are some reasons why you might want to consider buying a unit in this development:

  1. Prime Location: North Gaia is situated in a highly sought-after location in Yishun, near the junction of Yishun Avenue 9 and Yishun Avenue 6. The development is conveniently located near a variety of amenities, including shopping malls, supermarkets, schools, and parks.
  2. Well-Connected: North Gaia is well-connected to the rest of Singapore, with easy access to the Central Expressway (CTE) and Seletar Expressway (SLE). The development is also within walking distance to Yishun MRT station and the future Canberra MRT station on the North-South Line, making it easy to get around.
  3. Quality Facilities: The development offers a wide range of facilities, including a swimming pool, clubhouse, gymnasium, and tennis court. There are also facilities for children, such as a playground and a kid’s pool.
  4. Affordable Pricing: As an executive condominium, North Gaia offers a more affordable option for buyers who are not eligible to purchase private properties. Additionally, buyers of executive condominiums are eligible for government subsidies and grants, making it even more accessible.
  5. Potential for Capital Appreciation: As with all properties, there is always the potential for capital appreciation. Yishun is a rapidly developing area, with many new developments and infrastructure projects in the pipeline, which could drive up property values in the future.

Overall, North Gaia offers a great combination of location, connectivity, quality facilities, affordability, and potential for capital appreciation, making it a smart choice for buyers looking for an executive condominium in Yishun.

Available Units

3 Bedroom 969sqft from $1,167,000

4 Bedroom 1313sqft from $1,635,000

5 Bedroom 1593sqft from $2,139,000

 

North Gaia (EC) – Location

Why buy Singapore Executive Condominiums (ECs)?

Singapore Executive Condominiums (ECs) offers a unique opportunity for homebuyers who are looking for affordable yet luxurious housing options. Here are some reasons why you should consider buying an EC in Singapore:

  1. Affordable pricing: ECs are priced lower than private condominiums, but they come with many of the same amenities and facilities.
  2. Eligibility: ECs are designed for Singaporeans who are eligible for public housing, but they offer a higher standard of living than HDB flats. You must meet certain eligibility criteria to buy an EC, such as having a household income that falls within a certain range and fulfilling the five-year minimum occupation period (MOP).
  3. Great investment potential: ECs can provide a great investment opportunity, as their prices tend to appreciate over time, and they are more affordable than private condominiums. They also come with a 10-year minimum occupation period, which means you can only sell the unit to Singapore citizens and permanent residents after this period.
  4. Luxury amenities: ECs offer luxurious amenities such as swimming pools, gyms, tennis courts, and more. These amenities are similar to those found in private condominiums.
  5. Design and quality: ECs are known for their modern and sophisticated design, and they are built with high-quality materials. They offer a comfortable and luxurious living environment that is perfect for families.
  6. Location: ECs are often located in prime areas with good connectivity to public transportation and other amenities such as schools, shopping malls, and parks.

Overall, buying an EC in Singapore is a great investment option for those who want to enjoy a luxurious lifestyle at an affordable price. With their excellent design, quality, and amenities, ECs offer a great balance of comfort and value for money.

Executive Condominium Eligibility

Family nucleus You will need to qualify for the EC under one of these eligibility schemes:

  • Public Scheme
  • Fiancé/Fiancée Scheme
  • Orphans Scheme
  • Joint Singles Scheme
Citizenship
  • You must be a Singapore Citizen
  • At least 1 other applicant must be a Singapore Citizen or Singapore Permanent Resident
  • All singles must be Singapore Citizens if applying under the Joint Singles Scheme
Age
  • At least 21 years old
  • At least 35 years old, if applying under the Joint Singles Scheme
Income ceiling Your household income must not exceed the ^$16,000 income ceiling.
Property ownership
  • You do not own other property overseas or locally or have not disposed of any within the last 30 months
  • You have not bought a new HDB/ DBSS flat or EC, or received a CPF Housing Grant before; or, have only bought 1 of these properties/ received 1 CPF Housing Grant thus far
^Applicable for Option to Purchase granted by the property developer on or after 11 September 2019. For Option to Purchase granted before 11 September 2019, the income ceiling is $14,000

North Gaia

* If you have any questions pertaining to your existing property-related matters, please do not hesitate to call or drop a mail with a non-obligated discussion *

North Gaia Sales Team

For Residential clients looking for resale and rental units within the vicinity, please feel free to contact us too.

For Business clients looking for resale and rental units within the vicinity or other sizes, please feel free to contact us too or click here to find your desire industrial listings in any part of Singapore.

Owners and Landlords who wish to list with us, feel free to contact us too.

 

Whatsapp / Hotline (65) 6100 1441

To view appointments and Brochures CLICK HERE

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