Singapore Property | A brand new Executive condominium of 525 units, Signature at Yishun, will be accepting online applications from 11th of September to the 20th of September 2015. The condominium is located at street 51 at Yishun Avenue 1. This project will be the landmark of Yishun in District 27.
This is a JBE Holdings, project that features two, three and four bedroom units with an area of 764 sq. ft. to 1302 sq. feet on leasehold of 99 years.
It is designed on the lines of SG50 EC and will boast exclusive amenities inspired by the opulent Singaporean tradition and legacy that include a Chapteh Terrace and Sepak Takraw Pavillion. The frontage of the project will accentuate a pineapple design which emphasizes the heritage of Yishun as the region used to have pineapple and pepper plantations in the past. The developer of the project has not issued the tariff yet but promises to keep the launching price in the affordable range.
Patrick Lam, the CEO of the firm that is running Signature at Yishun, said in an interview that their target it to make it the most affordable Executive Condominium of the year 2015 which is in line with the Golden Jubilee celebrations and the government's vision of providing high-quality home on ownership basis to the citizens.
He also said that the prices will be revealed a couple of days before 26th September, which is the day of booking. He was hopeful that the homebuyers will take advantage of the opportunity and make their dreams come true at the most affordable prices for the home that have a true Singaporean essence.
According to the data available with the URA (Urban Redevelopment Authority) the launch prices of EC have crossed $800 PSF in the current year (2015).
The government has recently increased the income ceilings of ECs to S$14,000 from S$12,000 allowing the families with higher income to be able to get an EC. Analysts believe that this governmental move will encourage EC projects like Sol Acres. At the same time, the town of Yishun, is developing in the terms of infrastructure and entertainment projects such as the North Park Residences which is a mixed development, an Integrated Transport Hub, the largest retail mall and the recently completed Seletar Aerospace Park.
~ Click on these links to read more on new launching soon developments: ~