One North Area In Singapore Fast Taking Shape
One North area is fast taking shape with the new Star Vista Mall.
Singapore (I-Newswire) October 4, 2012 - Star Vista Mall, one of the first major mall in Buona Vista area, has been completed. It will have about 100 shops and is located within the Vista Xchange. This cluster is next to the Buona Vista MRT station that also houses Rochester Mall, Park Avenue Rochester Hotel and the upcoming office cum retail space, The Metropolis.
The One North Area, roughly defined by the boundary of Buona Vista and Dover, is near the Buona Vista and one-north MRT stations. It is a well know for the concentration of science and research clusters such as Biopolis and Fusionpolis. Besides the research and science clusters, the Ministry of Education is also located in the area.
The One North development will be finished in about 15 years. It is an area still under transformations. But the upcoming changes are already boosting prices of private condominiums in the area. Investment potential is good because the area’s limited supply of residential projects, and its great accessibility. As far as current information is available, there is no more residential projects launched in the One North area and there are also no government land sales there this year.
The long term outlook for residential properties there is promising. The work live play concept is also rapidly taking shape and private homes are expected to gather more interest with future developments in the Biopolis, Fusionpolis and Mediapolis clusters. It is also an exclusive area because of its proximity to Holland Village and Rochester Park.
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Published On:October 4, 2012
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