Introduction
6 Yishun Street 21 Singapore 768610 is a prominent residential address in the heart of Yishun, a vibrant and rapidly developing neighborhood in the northern region of Singapore. This comprehensive guide provides an in-depth overview of this address, exploring its location, amenities, demographics, and potential investment opportunities.
Location and Accessibility
6 Yishun Street 21 is strategically situated within the Yishun Central subzone and enjoys excellent connectivity. It is just a 5-minute walk from the Yishun MRT station, a major interchange connecting the North-South Line and the Canberra Line, offering seamless access to the rest of Singapore. The area is also served by an extensive bus network, ensuring convenient transportation for residents.
Amenities and Infrastructure
The immediate surroundings of 6 Yishun Street 21 offer a wide range of amenities to cater to the daily needs of residents. Within a short walking distance, residents can find a plethora of dining options, including restaurants, cafes, and hawker centers. There are also several convenience stores, grocery stores, and retail shops nearby.
Additionally, the area boasts excellent educational institutions, including Yishun Junior College, Yishun Secondary School, and Northland Primary School. The presence of these reputable schools makes this address particularly attractive to families with school-going children.
Demographics
According to the 2020 Singapore Census, the population of Yishun Central, where 6 Yishun Street 21 is located, is approximately 25,000 residents. The largest ethnic group in the area is Chinese, followed by Malay and Indian. The median age of residents is 39.2 years, slightly higher than the national average.
Investment Potential
6 Yishun Street 21 presents a compelling investment opportunity due to its strategic location and strong rental demand. The area has witnessed consistent property price appreciation in recent years, making it an attractive option for both homeowners and investors. The proximity to the MRT station and the abundance of amenities ensure high rental yields and long-term capital appreciation.
Table of Amenities
| Amenity | Distance |
|---|---|
| Yishun MRT Station | 5-minute walk |
| Yishun Bus Interchange | 5-minute walk |
| Northpoint Shopping Centre | 10-minute walk |
| Yishun Town Square | 5-minute walk |
| Khoo Teck Puat Hospital | 15-minute drive |
Table of Educational Institutions
| Institution | Level | Distance |
|---|---|---|
| Yishun Junior College | Pre-university | 5-minute walk |
| Yishun Secondary School | Secondary | 10-minute walk |
| Northland Primary School | Primary | 5-minute walk |
| Yishun Innova Junior College | Pre-university | 15-minute walk |
Table of Population Demographics
| Demographic | Value |
|---|---|
| Population | 25,000 |
| Ethnic Group (largest) | Chinese |
| Median Age | 39.2 years |
| Percentage of Residents Aged 65 and Above | 9.3% |
Table of Rental Yields
| Property Type | Rental Yield |
|---|---|
| 3-Room Flat | 3.5% – 4.5% |
| 4-Room Flat | 3% – 4% |
| 5-Room Flat | 2.5% – 3.5% |
Pros and Cons of Investing in 6 Yishun Street 21
Pros
- Excellent location with convenient access to MRT station and bus interchange
- Abundance of amenities within walking distance
- Strong rental demand due to proximity to educational institutions
- High potential for capital appreciation
- Affordable property prices compared to other central regions of Singapore
Cons
- Limited car parking spaces
- Occasional traffic congestion during peak hours
- Some residents may find the area too crowded or noisy
- Lack of certain luxury amenities, such as a swimming pool or gym, within the immediate vicinity
Strategies for Maximizing Investment Value
- Consider long-term investment: Hold the property for at least 7-10 years to ride out market fluctuations and benefit from long-term capital appreciation.
- Invest in renovation: Enhance the value of the property through strategic renovations, such as upgrading the kitchen or bathrooms.
- Seek professional advice: Consult with a real estate agent or financial advisor to make informed investment decisions and stay abreast of market trends.
- Consider renting out: Generate rental income to offset mortgage payments or earn a passive income.
- Explore government schemes: Utilize government schemes, such as the Enhanced CPF Housing Grant, to make homeownership more affordable.
Conclusion
6 Yishun Street 21 Singapore 768610 is an attractive address for both homeowners and investors seeking a convenient and well-connected living environment. Its proximity to the MRT station, abundance of amenities, strong rental demand, and potential for capital appreciation make it a compelling investment opportunity. By understanding the demographics, amenities, and investment strategies associated with this address, prospective buyers can make informed decisions to maximize their investment value.
