PROJECT DETAILS/ AMENITIES

LOCATION

FACILITIES and SITE PLAN

The Facilities and Site Plan of the Mixed development along Yishun Avenue 4 are currently seeking approval from relevant authorities. If you would like to be updated on first hand information for the Upcoming Mixed development in Yishun avenue 4, Please Register HERE for more information!!

RESIDENTIAL FLOOR PLANS

Please Register HERE for Brochure, Floor plans and pricing!!

COMMERCIAL FLOOR PLANS

Please Register HERE for your 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:

1. From Seletar West Link to CTE;
2. From CTE to Seletar West Link;
3. From Seletar West Link to Yio Chu Kang Road;
4. From Yio Chu Kang Road to Seletar West Link; and
5. 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

WON TOP BID FOR LAND PARCEL TO BE DEVELOPED INTO MIXED DEVELOPMENT SITE

SINGAPORE — A mixed commercial and residential plot of land in Yishun attracted lukewarm interest from developers, with a joint bid by Northern Resi and Northern Retail of S$185.1 million beating four other bids at the close of tender today (Jan 13).

The 99-year mixed-development leasehold site in Yishun Avenue 4 – the first Government Land Sales tender to close this year - has an area of about 105,055 sq ft, and a maximum allowable gross floor area of 294,156 sq ft based on a plot ratio of 2.8. The top bid translates to a unit price of S$629.24 per square feet per plot ratio and is less than 2 per cent higher than the second-best bid, Housing and Development Board data showed.

Ms Chia Siew Chuin, director of Research & Advisory at property firm Colliers International, said the tender price is within expectations, given the subdued state of the residential market.

“The level of interest garnered for this site is similar to that seen for the tender for the mixed commercial and residential site at Yishun Avenue 2/ Yishun Central 1, which also attracted five participants when the tender closed in September 2013,” she said.

“The muted interest among the contenders in the current site is likely to have been the result of weakened sentiment in the private residential property market as well as the requirement for the commercial component of the subject development to be held under a single strata lot to be vested in a single owner at all times,” she added.

“This disallows any strata subdivision of the commercial component during the lease term, which could have prompted a more cautious stance and bidding strategy among developers due to the more restrictive investment exit options available,” she said.

The expected breakeven price for the residential component is estimated at S$950 to S$1,000 per sq ft, and the selling price could be between S$1,050 and S$1,150 per sq ft, Ms Chia said. For the retail component, the overall expected achievable monthly gross rents may range from S$6.00 to S$12.00 per sq ft depending on the size of the space leased, she added.

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