North Park Residences Condo | North Park Residences Facilities, Features & Amenities | Book North Park Residences ( VIP / VVIP Preview ) | North Park Residences Price ( psf )

You have landed on this page because you been searching on the internet and asking this question “How much or What is the North Park Residences Price?”

Before we start to look at the North Park Residences Price, let me take you on a journey to discover the North Park Residences Project Information Factsheet.

Features: 24-Hrs Security System, Barbeque Area, Car parks, Children Pool, Gymnasium, Hydro Spa Pool, Playground, Swimming Pool

North Park Residences Price Consideration: EXCELLENT LOCATION

North Park Residences is located adjacent to the existing North Point Shopping Mall and the upcoming new Bus-Interchanged with Air-conditioned, the land parcel is well positioned to be an attractive mixed commercial and residential development. North Park Residences is also close proximity to established HDB housing estates in Yishun, Sembawang, Yio Chu Kang, Woodlands which will provide a ready catchment of residents for the commercial activities in the future development.

North Park Residences Price Consideration: EASY ACCESS

North Park Residences is integrated with bus-interchange and connections to North Point Shopping, Yishun Library and Yishun MRT Station, that will provide seamless access to public transport. These provide convenience to the residents of Yishun which will enjoy much shorter travelling time provided by future North-South Express (NSE come 2020) and Thomson Line (2021).

North Park Residences will be connected to the key precincts in the city centre such as Orchard, Bugis and Marina Bay areas via an efficient public transportation system.

North Park Residences Price Consideration: RECREATIONAL FACILITIES, AMENITIES AND SCHOOLS

North Park Residences will be an ideal home for families with school-going children with many schools in its vicinity like Jiemin Pri, HuaMin Pri, Yishun Town Sec, Chung Cheng High, GEMS Wold Academy (u/c), etc.

Residents can also have access to the wide range of recreational facilities offered by the nearby Yishun Reservoir Park, Yishun Town Garden, Nee Soon Community Club, future Town Plaza (u/c), Orchid Country Club.

North Park Residences Price · Market Update

This mixed-use residential & commercial land sale at Yishun Central 1 drew a top bid of $1.4 billion, or $1,077 per square foot per plot ratio (psf ppr), from subsidiaries of Frasers Centrepoint Ltd (FCL).

Christopher Tang, chief executive officer of Frasers Centrepoint Commercial, said that Frasers’ bid “… demonstrates our confidence in the suburban mall sector, and is line with our strategy to strengthen our foothold in the Yishun area”.

The site of North Park Residences is right next to Northpoint mall, which is under Frasers Centrepoint portfolio. Winning the bid for North Park was therefore very much a strategic move. In addition to strengthening their presence, the 2 sites can operate in synergy.

As Mr Tang noted: “The integration with Northpoint will create synergies and operating economies for both retail malls, through an improved tenant mix and enlarged offerings for shoppers.”

He also says that “… this is one of the last remaining mixed-use sites within the Yishun central area, which has the potential to become one of the largest integrated developments in Singapore.”
VALUE FOR MONEY

The exact North Park Residences price will not be available till the actual VIP Preview itself.

In the meantime, analyst’s expectations span a wide range – from $1,5xx PSF (assuming 10% profit margin), to around $14xx PSF (breakeven), to $1,3xx PSF (if Frasers chooses to sell at a bargain, slightly below cost).

Please drop us a note below if you wish to be updated once the indicative North Park Residences Price are released.