It used to be a faraway place which many shunned because of the lack of accessibility and amenities. But over the years, Yishun, previously a new town, and now perhaps an older estate recently revamped to include new private condominiums, hospitals and integrated developments, may be standing out for different reasons.
Besides the Khoo Teck Puat Hospital which was completed in 2010, another Yishun Community Hospital is being built and it may even trump other older estates such as Bishan or Ang Mo Kio because of its proximity to healthcare. And with Northpoint City, an integrated mixed-use development coming up in 2018, Yishun might not be so secluded anymore.
Private condominiums in the area which will be ready within the next few years include North Park Residences and Nine Residences, Skies Miltonia and Symphony Suites. And some 5,000 new HDB flats have been released in Yishun over the last couple of years, including the rare dual-key units for extended families.
Though property analysts are yet unsure about how investing in residential properties in this area may profit the buyer through rental yields, the value of properties here may be stronger than once considered, as its proximity to outdoor and lifestyle amenities such as the Seletar Reservoir and Orchid Country Club may attract young families and professionals. Businesses may also be looking into buying units here as the Seletar Aerospace hub is just a stone’s throw away.
Thus the once sleepy town may not be so quiet anymore. For good reasons.