Media Circle One-North is a luxurious condominium complex located in the heart of Singapore’s prime district, Buona Vista. The development is situated close to the MRT station, several shopping malls, and a variety of other entertainment options. The development has been designed to offer its residents a luxurious living experience that is both convenient and comfortable.
The government of Singapore regularly offers land sales programmes to encourage private developers to build properties in the country. The Media Circle One-North development was developed under the government’s land sales programme. This programme offers developers attractive land prices, as well as a number of incentives to encourage them to build more properties in the country.
The Media Circle One-North development offers potential buyers attractive land prices, as well as a range of other benefits. These benefits include tax incentives, stamp duty relief, and property tax rebates. In addition, the development also offers potential buyers a range of different types of apartments. These include one-bedroom apartments, two-bedroom apartments, and three-bedroom apartments. Each apartment is equipped with modern appliances and fixtures, as well as luxurious furnishings.
The complex also offers a range of different amenities, including a swimming pool, gym, tennis courts, and a playground for children. Residents can also take advantage of the 24-hour security, which ensures that the complex is always safe and secure.
The Media Circle One-North development is a great example of how the government’s land sales programme can encourage private development in the country. With its attractive land prices, as well as its range of amenities and benefits, the Media Circle One-North development is sure to be an attractive option for potential buyers.
During the past couple of weeks I have received quite a few emails from people asking me about the Government Land Sales Programme on Media Circle Condo One-North. Some of them are wondering how the programme will work, and others are simply curious about where this new housing development will be located. This is a very important question because I know that there are many buyers who are considering buying into this new development, and I want to help them make a well informed decision.
Location
Currently, Media Circle Condo One-North is on the Confirmed List of the Government Land Sales Programme. The Confirmed List comprises five private residential sites and an executive condominium site. These are launched for sale on pre-determined dates. When the minimum price is accepted by the Government, the site will be put up for tender.
Located in the heart of the One-North District, this condominium offers a variety of facilities and amenities. These include restaurants, shops, and parks. The area is also well connected to the rest of Singapore through public transport. Moreover, the condo is surrounded by lush greenery.
Known as the Mediapolis, this area houses a number of businesses in the media and technology sectors. The complex is equipped with state-of-the-art infrastructure to support the needs of the industry. The nearby Buona Vista MRT station serves the Circle Line and East-West Line. The area is also home to many academic institutions and small businesses.
Schools
Currently, Media Circle Condo One-North is a confirmed site under the Government Land Sales Programme 1H2023 list. This will alleviate pent-up demand in the area.
This development is a mix of commercial and residential units. It comprises two blocks of 13 and 15 floors. It will feature six retail units on the ground floor. This usually commands a higher price than residential space.
Aside from the shopping and dining facilities, the area is also well connected by public transportation. The Buona Vista MRT station, which serves the Circle Line, is within walking distance. The East-West Line is also nearby. This makes the area accessible for both residents and visitors. The area is also near the One-North Park.
The area is expected to continue growing in years to come. The residential properties in the area fetch healthy average rental yields of 3.2 to 3.5%. This is comparable to the prime District 9 areas.
Heritage buildings blend in
Amongst the countless condo and loft complexes to be found in Singapore’s urban core, One-North is one of the few to offer residents and workers a true urban oasis atop the city. Indeed, this neo-retro-meets metropolis offers residents a whopping 20 minutes of non-stop retail and dining at The Metropolis, as well as several short-term and long-term residential and commercial projects. The most prominent feature is the One-North Centre, which is a mixed-use development with a whopping 2,000 condos, suites and penthouses. The rest of the project is comprised of four office buildings, two service apartment buildings, and a number of other residential and commercial projects. The project has been lauded as one of the top 10 mixed-use developments in Asia.
Rental yield
Whether you are looking to own, rent or trade, you should know the government land sales program has got your back. You can see the latest GLS announcements on the URA website. While most land parcels are sold through tenders, a few sites are set aside for the lucky few.
One of the better ones is a small mixed commercial and residential development near Buona Vista MRT station. It has 6 retail units on level one and a whopping 165 apartments, penthouses and penthouse duplexes on the upper floors. The aforementioned site is also a short walk to one of the busiest lines in town – the Circle Line.
The latest GLS announcements include a handful of worthy contenders. The aforementioned entrants are a few sites that could be a good fit for your next gaffoony.
Future plans
Currently, Media Circle Condo is on the confirmed list of the 1H2023 Government Land Sales Programme. These land sites are slated for release for private development through a tender process.
In addition, Media Circle Condo is surrounded by lush greenery and offers a wide range of amenities. These include the outdoor gym, yoga deck, children’s play area, and 50-metre lap pool. The condominium also offers stunning views of the city. It is close to academic institutions and other shopping and dining options.
One-North Eden is situated within a mixed-use business park. The Eden development aims to provide affordable homes to residents. It is part of the wider plan to transform One-North into a mixed-use business district. The Eden site is located near the Ministry of Education, Unilever Four Acres Campus, and INSEAD.