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Few estates in Singapore get to take pleasure in such a large body of water. Lower Seletar Reservoir at Sunset Yishun has its own medical centers too, consisting of Khoo Teck Puat Health Center and the Yishun Community Health center near the town centre. It is constantly soothing to know that medical assistance is close at hand should the requirement ever arise.
This is the perfect facing that increases cross-ventilation, and minimises heat from the afternoon sun. The project will include a mix of 2 to five-bedroom units, to cater to young couples, families with kids, and extended or multi-generational families who want to live together. One tourist attraction is how close this Yishun EC site is to the upcoming Khatib Bongsu Nature Park.
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A number of the higher flooring systems will get unblocked views of the nature park and water. In addition, a brief section of the Khatib Bongsu Park Port runs ideal next to the website on its south-east.
North Gaia EC Showflat
By the way, this is the only EC in Yishun where every block is within one KM of the popular Chongfu Main School. Yishun Avenue 8, the new road next to the North Gaia EC, connects to Seletar West Link to provide an alternative path to the Tampines, Central, and Seletar expressways. It also leads straight to the Seletar Aerospace Center, an employment centre and possible tenant or buyer swimming pool.
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North Gaia EC Developer
Click to Open/ Close Judging by the recent launches of Provence Residence in Sembawang, and Parc Greenwich at Yio Chu Kang, demand for executive condominiums is still healthy. Interest in the case of North Gaia EC might still be high, as this will be the first EC launch in Yishun in six years.
And those that are, such as in Tengah and Tampines, are set to introduce end 2022 at the earliest. By then, a great deal more need would have Learn here developed. In addition, land expense for the last 2 was higher than for the current batch, though they are not within strolling range of MRT stations too.
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Evaluating North Gaia Executive Condominium as an Investment. Click to Open/ Close If you are checking out North Gaia EC from a financial investment angle, here are some points worth thinking about. Affordability Brand-new executive condos are developed by personal developers, however normally cost 15% to 20% lower than for brand-new private apartments nearby.
And prospective buyers may get up to the maximum 75% real estate loan, income permitting, even for those with impressive house loans. No ABSD payable either. On the other hand, calculations for loan quantum utilizes the 30% MSR (Home Loan Maintenance Ratio), which is just half the TDSR (Total Debt Servicing Ratio) permitted private home loans.
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Resale ECs are treated like any other private apartment, where the greater TDSR limitation of 60% applies. Which implies that should you decide to sell your EC after the MOP (Minimum Profession Duration), your purchasers are able to get a higher loan if needed, and for that reason able to pay a higher quantum.