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Far-flung Yishun is headed for some downtown-style buzz with the completion of two mixed developments, along with more homes and amenities.
The mature town's mushrooming population also means commercial investors can expect good returns from a large catchment of residents living in the area, experts said.
Plans to reinvigorate the town include both amenities and leisure areas.
SINGAPORE — A mixed commercial and residential site in Yishun attracted a top bid of S$1.43 billion from Frasers Centrepoint units at the close of tender yesterday, HDB data showed, well above the competing bids in a provisional result that took analysts by surprise.
The 99-year leasehold site, made available through the Government Land Sales programme, was put up for tender in June. The site sits on 442,234 sq ft of land.
