PROJECT DETAILS/ AMENITIES
North Park Residences is an upcoming mixed development located in Yishun Central, Northern Region of Singapore. This development is strategically located next to Northpoint Shopping Centre and opposite of Yishun Train Station. This land parcel is within Yishun Planning area. North Park Residences is a 99 years leasehold project that has a site area of approximately 442,397 square feet. Upon completion it will comprise of an estimated 890 residential units and 359,084 square feet of commercial space.
The residential development comprises of 12 blocks of 920 units comprising studio - 5 bedroom units catering to singles as well as large families, investors and owner occupiers alike. The residential and commercial carparks are segregated. All units have North-South orientation and there is a huge landscape deck of facilities, size equivalent to 3 football fields, including 50m lap pool, for residents to enjoy. There are 10 thematic gardens, 8 main pools and 8 pavilions amidst 50 named facilities offering residents a great variety of facilities to enjoy.
North Park Residences is planned to connect with the Yishun North South Train Station which is located just across in Yishun Avenue 2. It have direct integration with the new fully air conditioned Yishun bus interchange. North Park Residences’s future residents will have convenient access to the comprehensive public transportation system allowing them to enjoy fast and efficient travel to downtown Singapore and parts of island for work and leisure. The Orchard Shopping Area is about 17 minutes of drive away from North Park Residences and it will take 19 minutes’ drive to the Central Business District. North Park Residences is near to the Seletar Expressway (SLE) which offers a conduit of convenience in getting its residents to parts of the island. North Park Residences is also well linked 2 other expressways such as the Central Expressway (CTE) and the Tampines Expressway (TPE).
The convenience of having Northpoint next door and also situated right in Yishun Town Central allows North Park Residences’s future residents of getting a wide array of retail, dining and entertainment facilities right at their door steps. The commercial area just below the North Park Residences which will be converted into a modern shopping mall will provide Yishun’s residents and North Park Residences’s future residents a total shopping, eating and dining experience. North Park Residences is also near to Chong Pang Market & Food Centre and the upcoming Yishun Food Centre which offers lots of choice to its residents when it comes to local food, market product and basic necessities.
North Park Residences will make an ideal home for families with school going children. There are a wide selection of established education facilities within its nearby radius such as Peixin Primary School, Jiemin Primary School, Ahmad Ibrahim Primary School, Yishun Primary School, Huamin Primary School, Northland Primary School, Chongfu Primary School, Peiying Primary School, Naval Base Primary School, North View Primary School, Yishun Town Secondary School, Yishun Secondary School, Northland Secondary School, North View Secondary School, Ahmad Ibrahim Secondary School, Chung Cheng High School (Yishun), Naval Base Secondary School, Northbrooks Secondary School, Orchid Park Secondary School and Yishun Junior College. Childcare centres and kindergartens are also readily available which parents with young children can comfortably leave their child at while they are at work.
When it comes to recreation, North Park Residences’s residents can engage in many leisure and sporting activities being offered nearby. For North Park Residences’s future residents who likes golf, they can take a short ride down to the Orchid Country Club which offers them a game of 18 hole. The Lower Seletar Reservoir Park also offers North Park Residences’s future residents a place where they can enjoy the lush greenery, scenery and serenity. Other recreation facilities includes the SAFRA Yishun and the Yishun Sports Hall.
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| Project | NorthPark Residences |
| Developer | Fraser Centrepoint |
| Location | Yishun Central |
| District | 27 |
| Tenure | 99 years lease |
| Site Area | Approx. |
| GFA: | Approx. |
| Plot Ratio | |
| Expected TOP: | TBA |
| Total Units | |
| Total Carpark | |
| Development | Integrated Development of |
| Unit Type: | |
| Architect | |
| Eligibility | Local / PRs / Foreigners can buy |
Amenities Near North Park Residences
| Category | Important Amenities Near North Park Residences | Approximate Distance |
| Train Stations | Yishun (NS13) | 0.1km |
| Bus Stop | Aft Northpoint (Bus: 169, 804, 806, 856, 858, 859, 965, 969) Yishun Stn (Bus: 169, 858, 965, 969) Yishun Int (Bus: 39, 85, 171, 800, 804, 806, 811, 812, 851, 852, 853, 853C, 854, 854E, 855, 856, 857, 859, 860) |
0.1km 0.1km 0.1km |
| Supermarkets | Cold Storage NTUC Sheng Siong Giant |
0.1km 0.1km 0.1km 0.5km |
| Shopping Malls | Northpoint Shopping Centre Yishun 10 Sembawang Shopping Centre |
0.1km 0.1km 1.8km |
| Education Institutions | Preschool | |
| PCF Nee Soon Central Blk 737-738 Iman Kindergarten (Yishun) PCF Nee Soon East Blk 312 PCF Nee Soon East Blk 227-223-225-234 Kidszone Kindergarten PCF Nee Soon Central Blk 646-644 First Step Montessori House PCF Chong Pang Blk 107 PCF Nee Soon Central Blk 367 PCF Nee Soon East Blk 408 |
0.3km 0.3km 0.7km 0.7km 0.8km 0.8km 0.8km 1.1km 1.1km 1.4km |
|
| Primary | ||
| Peixin Primary School Jiemin Primary School Ahmad Ibrahim Primary School Yishun Primary School Huamin Primary School Northland Primary School Chongfu Primary School Peiying Primary School Naval Base Primary School North View Primary School |
0.6km 0.6km 0.6km 1.0km 1.0km 1.0km 1.2km 1.3km 1.4km 1.5km |
|
| Secondary | ||
| Yishun Town Secondary School Yishun Secondary School Northland Secondary School North View Secondary School Ahmad Ibrahim Secondary School Chung Cheng High School (Yishun) Naval Base Secondary School Northbrooks Secondary School Orchid Park Secondary School |
0.5km 0.7km 1.0km 1.0km 1.0km 1.1km 1.2km 1.3km 1.5km |
|
| Junior College | ||
| Yishun Junior College | 0.8km | |
| Tertiary | ||
| Republic Polytechnic | 5.9km | |
| International | ||
| Chatsworth International (Jalan Kayu) | 5.8km | |
| Food Centre | Chong Pang Market & Food Centre Yishun Food Centre (U/C) |
0.9km 1.0km |
| Lifestyle | Yishun Town Park Nee Soon Central Community Park Yishun Park SAFRA Yishun Yishun Neighbourhood Park Yishun Stadium Bottle Tree Park Orchid Country Club Lower Seletar Reservoir Park |
0.1km 0.3km 0.7km 0.8km 1.0km 1.7km 1.9km 2.0km 2.0km |
FACILITIES AND SITE PLAN
The North Park Residences Facilities and Site plan is currently under finalisation and seeking approval from relevant authorities. If you would like to be updated on first hand information for North Park Residences, such as the site plan, floor plans, Please Register with Us
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COMMERCIAL FLOOR PLANS
YISHUN MASTER PLAN
Best described as a family-oriented town, Yishun in the North Region of Singapore, provides a comprehensive suite of amenities for all ages. Over the next 5 years, Yishun will be reinvigorated with new malls, hawker centres and cycling paths while the transport infrastructure will be enhanced to improve connectivity for residents
Housing: More amenities for better living
With its wide range of facilities and pleasant neighbourhoods, Yishun continues to attract many new residents. In the coming years, new housing areas in the southern and eastern parts of Yishun will be developed progressively, providing greater options for potential home owners. More facilities will also be added to create a better living environment for residents:
- An integrated transport hub in the town centre that will incorporate a bus interchange, shopping mall, community club and a town plaza
- A community hospital, which will complement Khoo Teck Puat Hospital next door
- Two new nursing homes along Yishun Central and Yishun Ring Road will serve the needs of our elderly residents
- A new hawker centre next to Yishun Park will provide more places for eating out
- More childcare facilities
- Retail shops and eating houses will be conveniently located near housing estates
- A foreign system school will be developed at Yishun Avenue 6
Leisure: New reasons to love the outdoors
Already enjoying easy access to Lower Seletar Reservoir, Yishun Park and a number of smaller parks, Yishun residents can look forward to more green spaces for recreation as well as better connections between the many parks within Yishun and other green spaces further away:
- The Round Island Route will provide residents with fresh ways to explore the nature spots of other towns island-wide
- The new Springleaf Park will serve those living in Yishun South
- The addition of more neighbourhood parks and green spaces
- The expansion of the park connector network in Yishun will link residents to more parks
Transport: Faster, alternative routes
Travelling downtown or to other regions of Singapore will be faster with the following road improvements and enhancements to public transport, including:
- The new Springleaf MRT station along the upcoming Thomson Line will give residents in Springleaf Estate direct access to MRT network
- The new road, Yishun Avenue 8, will connect to Seletar West Link to provide an alternative route to the Central, Tampines and Seletar expressways
- The junction of Lentor Avenue and Yishun Avenue1 will be improved to enable smoothertraffic flow
- The extensive cycling routes will enable convenient access to the town centre, MRT stations, amenities and nearby towns
*Expansion of CTE/TPE/SLE interchange and construction of road between TPE and Yishun Ave 6
Completion Date: 4th quarter 2015
The expansion of Central Expressway (CTE), Tampines Expressway (TPE), and Seletar Expressway (SLE) Interchange is the first phase of the project. This project will improve connectivity between Yishun Town, the new Seletar Aerospace Park (SAP) and the expressway network.
Four new flyovers will also be constructed.
In addition, we will create five new road connections to improve the connectivity between the expressway and the road network:
- From Seletar West Link to CTE;
- From CTE to Seletar West Link;
- From Seletar West Link to Yio Chu Kang Road;
- From Yio Chu Kang Road to Seletar West Link; and
- From TPE (Westbound) to Seletar West Link
The Yio Chu Kang Flyover will also be widened from three lanes to four lanes in both directions. On top of that, an additional lane will be added in both directions for the stretch of TPE between Seletar Flyover and SAP, and for the stretch of SLE between Seletar Flyover and Lentor Avenue.
The new road link between Yishun Avenue 1 to Yishun Avenue 6 and the widening of Seletar West Link is the second phase of the project. As part of this new road link, we will remark a stretch of Yishun Avenue 1 from dual 1-lane to three lanes in the direction towards TPE and two lanes in the direction towards Yishun. We will widen the existing Seletar West Link from dual 1-lane to dual 3-lanes.
Once completed, motorists who travel from Yishun Town to CTE, for instance, could save up to 10 minutes of travelling time. There will also be better traffic conditions along Lentor Avenue and Yishun Avenue 2.
Economy: More jobs near home
Residents of Yishun will benefit from employment opportunities in future developments close to home:
- Integrated transport hub at Yishun town centre and mixed-use development at Yishun Avenue 9
- Industrial developments along Yishun Avenue 6 and Gambas Avenue
FRASERS' TOP BID FOR YISHUN CENTRAL SITE NEXT TO MRT
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 and has a maximum permissible gross floor area of almost 1.33 million sq ft. The top bid from North Gem Development and FC North Gem Trustee works out to S$1,077 per sq ft per plot ratio.
The development, next to Yishun MRT Station and to be integrated with the future Yishun bus interchange, can yield about 890 homes, with a maximum of 522,000 sq ft for commercial use. About 43,000 sq ft has to be set aside for a community club.
The top bid is 47.4 per cent higher than the second-best bid of S$969.3 million from a Far East Organisation-led consortium, with the other three bids of S$930 million, S$875 million and S$704.5 million coming from Zenlead Investments, Sim Lian and Yorkshire respectively.
“The wide price gap illustrated Frasers Centrepoint’s determination to protect its market position in the Yishun area as Northpoint Shopping Centre, the current shopping mall at Yishun Central, is managed by Frasers Centrepoint Trust,” said Mr Nicholas Mak, Executive Director of Research and Consultancy at SLP International Property Consultants.
Mr Ku Swee Yong, Chief Executive Officer of International Property Advisor, said Frasers would enjoy a strategic advantage as it will be able to integrate the new development with Northpoint, but he was still surprised by the gulf between the top two bids.
“Frasers will enjoy many synergies and besides the heavy footfall in the area, they will be able to drive traffic to their Northpoint to increase returns. But I thought it would be at most 20 to 30 per cent over the second bid,” he said.
“It’s clear they needed certainty of winning the bid,” he added.
Mixed developments next to MRT stations have been a proven success formula, noted ERA Executive Officer Eugene Lim.
Still he noted that “the other mixed use site at Yishun Ring Road had CEL Property as the highest bidder at S$212.1 million or S$794 psf ppr. The tender attracted 13 bidders in January. This makes the current site 35.6 per cent more expensive than the Yishun Ring Road site.”
He estimated the break-even price at just below S$1,500 psf, saying the developers would have to sell at S$1,600 to S$1,800 psf to account for profit.
Mr Ku said the synergy and the enhanced value to the commercial elements of the project will allow the developer to price the residential component at about S$1,300 psf.