Development of Yishun Estate

Development of Yishun Estate

 

Originally known as Nee Soon, Yishun is a suburban town located in the northern part of Singapore. Yishun housing estate development was started in 1976. It was developed as part of the Housing Development Board’s project – ‘Remarking Our Heartland’. The other estates developed under the project were Dawson Estate and East Coast. The Yishun estate consists of Yishun New Town and residential estate, which consists of apartments, flats and community facilities such as a medical center, community centers, shopping mall, clubs, parks and gardens.

Yishun is best described as a family-centered town. It provides you with all necessary amenities for a luxury, comfortable living for any age group or income group. The estate is surrounded by a natural surrounding that consists of several leisure and recreational parks, including Yishun Park and Lower Seletar Reservior.

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Upcoming leasehold condo at Sims Avenue

 

An article from The Business Times that featured upcoming new launch condo, Sims Urban Oasis by GuoccoLand.  Based on the article, Sims Urban Oasis is estimated to be selling between $1,350 to $1,400 psf.  The price of Sims Urban Oasis is expected to be priced relatively competitive to Tre Residences. The Tre Residences which is located close to Sims Urban Oasis, is just standing next to Aljunied MRT station.

 

 

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The Brief Story of Nee Soon, Singapore

The Yishun Estate

Formerly known as Nee Soon, the history of the Yishun estate runs back as far as a century ago. It was named after the Chinese merchant Mr Lim Nee Soon. He was a reputed community leader and a prominent industrialist in Singapore. He made his wealth by trading rubber and pineapple. Mr Lim Nee Soon served on Yishun Rural board during the period 1913 to 1921 and was appointed as a Justice of Peace. He was also a founder of the Chinese High School.

Mr Lim The Nee Soon, bought the land along Seletar River for his rubber plantations. The Nee Soon district was developed into an extended settlement when the Chinese immigrants move to Singapore as labourers to work in the rubber plantations. The immigrants then settled down forming the Nee Soon Village, paying a token amount for the land they rented from Mr Lim Nee Soon.

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