Earlier in April, the launch of North Park Residences located in District 27’s Yishun Central Singapore, saw a massive response from the people in its preview day. This residential and commercial project comprising of 895 units and being developed by Fraser Centrepoint Homes, was always very much in demand right from its very inception.
Almost all of the units that have been so far released under Phase I had been wrapped up by buyers during the balloting process that lasted about 4 hours. In fact, the response from the people turned out to be so huge, that a certain number of units which were meant for Phase II were also released by the developers. Approximately, as many as 300 units or more, were sold out on the launch date.
Going for roughly about $1350 per square feet, North Park Residences did go on to set a new benchmark for Yishun. Such a high price is obvious, considering that the project has been integrated into Northpoint City Shopping Center and also, the Yishun MRT. Compared to other condominiums that are present in the area, North Park does happen to be a rare gem indeed.
North Park now boasts of including everything under one roof, when it comes to going to the MRT station or dining and shopping options for its residents. With this, it also happens to be the sixth integrated development project in Singapore, which had five of them prior to North Park’s recent launch.
Besides this, North Park also has good connectivity via Singapore’s major expressways and other MRTs as well. The availability of a number of closely located schools and basic amenities has also contributed to the interest of the people. Being a mixed development project, North Park has also seen a number of investors show interest, besides residence seekers.