Northpark Residences

Northpark Residences presents a new mixed development located at Yishun Central Singapore, District 27. This development is thoughtfully developed by Fraser Centrepoint Homes, comprising about 895 residential units and commercial units.

This unique type of mixed development burst the interest of every consumers and developer because of its one of a kind features and accessibility to the various type of amenities. North Park Residences is not just another mixed commercial and residential development, but a perfect investment for both residents and investors.

The best part of this development is that you live right there and never have to walk too far from your home to approach all the facilities. Future residents will enjoy the unique facilities including Indoor Gym, Jacuzzi, Swimming pool, BBQ area, clubhouse, children’s playground and more.

Northpark Residences is advantageously seated in Yishun, an ideal location with an endless option of shopping, dining and entertainment. This alluring mixed development is accessibly close to the leading Shopping malls in towns such as Yishun 10 and Northpoint Mall.

There are also plenty of educational institutes imparting a high standard of learning and knowledge near North Park Residences, making it favorable for future resident. Among the schools nearby are Yishun Town Secondary School, Jiemin Primary School, Peixin Primary School, Yishun Secondary School, Yishun Junior College, North View Secondary School and more.

Northpark Residences Yishun is not just another mixed commercial and residential development, but an ideal investment for both occupants and investors.

 

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Northpark Residences @ Yishun Location

Northpark Residences Singapore is located in an established town of Yishun. It is well accessible through the Yishun Bus interchange and Yishun MRT station. North Park Residences is also well-connected through the nearby Seletar Expressway (SLE) and Central Expressway (CTE).

North Park Residences location is ideal for the mixed commercial and residential area because it is close to several commercial establishments, and as mentioned, it is also surrounded by various amenities.

Location Map

Nearby Attractions at Northpark Residences

 

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Northpark Residences Price / PSF

• Average at $1350psf

Comparative Market Analysis (CMA) Sales

Condos in Yishun has been rising steadily especially since the announcement of Northpark Residences. The current average price for Aug 2014 ranges from $1,054 to $1,181 based on the past 6 month data from March 2014 to Aug 2014. Some of the recent new launches in Yishun Skies Miltonia (average $1,013psf as of Aug 2014), 9 Residences (average $1,181psf as of Aug 2014) and also upcoming Symphony Suites.

Table 1: Yishun Average Transacted Price

 

9 Residences by CEL has been selling well with an average of $1,181psf as of August 2014. This is a mixed development with residential units and commercial retail shops. TOP in 2017

Table 2: 9 Residences Transacted Price

 

Skies Miltonia has been closed to 90% sold with an average of $1,013psf as of May 2014. This is a new development by TG Development that consists of 410 units and 10 townhouses. TOP expected to be in 2016.

Table 3: Skies Miltonia Transacted Price

 

Comparative Market Analysis (CMA) Rental

Some of the new condos in Yishun that just TOP like Canopy and The Estuary are renting with an average of $2.62psf and $3.09psf respectively, which should work out to about 4% rental yield. This should serve as a guide as each rental unit has other considering factors like furniture, rental period, size, condition etc.

Table 4: Yishun Rental Price

 

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Northpark Residences Floor Plan

Northpark Residences Floor Plan consists of around 895 residential units and 359,084 sq ft of commercial space. This mixed development by Fraser Centrepoint intends to build a 12 storey integrated development consist of prime residential units, commercial space and bus interchange. Download Northpark Residences brochure here.

 

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Top 10 Reasons Why Buy Northpark Residences?

• Rare Mixed Commercial and Residential development in prime District 27
• Reputable developer – Fraser Centrepoint Homes
• With a spacious and functional layout
• Feature unique facilities such as Indoor Gym, Jacuzzi, Swimming pool, BBQ area, clubhouse, children’s playground and more
• Close proximity to Yishun MRT stations
• Well-connected via Central Expressway (CTE) and Seletar Expressway (SLE)
• Offers many forms of leisure and sporting activities nearby
• Near to leading Shopping malls in town such as Yishun 10 and Northpoint Mall
• Close to many reputable schools
• Northpark Residences price attractively price to sell

 

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Northpark Residences Project Details

Project	Northpark Residences
Developer	North Gem Development Pte Ltd (Fraser Centrepoint Homes)
Address	Yishun Central 1 Singapore
Description	Rare Mixed development with communal condo facilties with commercial shops and residential units
Units	920
District	27
Tenure	99 years
TOP	2020
Unit Mix	Studio: 431sf 1+1: 549sf 2RM: 700sf – 753sf 3RM: 829 – 1001sf 4RM: 1184 – 1206sf 5RM: 1432sf

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