12-10-2021, 09:16 PM
The Yishun Avenue 9 EC site received seven bids. The top bid of S$373.5 million, or S$576 psf ppr, was submitted by Sing Holdings, pipping the second-placed Maximus Residential Pte Ltd (JV between CDL and MCL) by 8.9%. It is estimated by Colliers that the developer could launch the North Gaia project at S$1,050-1,100 psf. The Yishun Avenue 9 site is located at the edge of the Yishun town, around 2km from the Yishun MRT station. North Gaia is the newest EC in this area since 2014 after The Criterion and Signature at Yishun.