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The Watergardens At Canberra (D27), Apartment - For Sale

1,302 sqft | $1,381 psf (Built)
$1,798,000
4 Beds
4 Baths
Estimated mortgage $X,XXX monthly
CEA: R013933I | L3002382K
Hi I'm Lawrence Ang C H
Enquire Now
The watergardens at canberra in the north after more than 6 years.

THE Watergardens at Canberra moved about 60 per cent of its 448 units - which works out to roughly 268 units - over its launch weekend on Aug 28 and 29.Prices started from below S$920,000 or S$1,424 per square foot (psf) for the two-bedroom units, below S$1.3 million or S$1,438 psf for the three-bedroom units, and below S$1.8 million or S$1,382 psf for four-bedroom units.

UOL told The Business Times (BT) that the per-square-foot (psf) pricing for “typical units sold” ranged from S$1,400 psf to almost S$1,550 psf.
On monday estimated that the overall selling price at the 99-year leasehold condominium stood at around S$1,450 to S$1,500 psf, within the research team’s expectations and higher than the S$1,100 to S$1,200 psf achieved at nearby projects.
The price range of S$1,450 to S$1,500 psf would translate to a profit-before-tax margin of 14-17 per cent, based on breakeven of S$1,240 psf and revalued net asset value (RNAV) accretion of 0.3-0.4 per cent, according to Citi’s estimates.
However, the sale volume "may have fallen slightly short of selected investors' expectations" following Pasir Ris 8's 85 per cent take-up last month, and given that The Watergardens is only the second major non-executive condominium mass-market project to be launched this year, Mr Lee added.
Located in the Sembawang/Yishun area, The Watergardens is the first private residential development in the northern part of Singapore to come to the market in more than six years.
UOL Group chief investment and asset officer Jesline Goh said in a statement that the buyers at the launch weekend were mostly homeowners, and the sales were "well spread across all unit types". More than 85 per cent of the buyers were Singaporeans, the company told BT.Ms Goh noted: "Based on what we observed, buyers are particularly attracted to the project's strong product attributes, lush greenery, as well as its proximity to Canberra MRT station and the future North Coast
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Lawrence Ang C H
CEA: R013933I
CEA: R013933I | L3002382K
Hi I'm Lawrence Ang C H
Enquire Now
About this property
Address
Canberra Drive
Property Type
Apartment
Model
Apartment
Bedrooms
4
Bathrooms
4
Tenure
LEASEHOLD/99 years
Developer
United Venture Development (2020) Pte. Ltd. (UOL/ UIC/ Kheng Leong Company)
No. of Units
448
Asking
$1,798,000
Size
1,302 sqft (Built-up)
PSF
$1,381 psf (Built-up)
Tenancy Status
Not tenanted
Date Listed
1633266539
What's in this area?
All
Trains (MRT & LRT)
Schools
Shopping Malls
Groceries & Supermarts
Trains (MRT & LRT)
CANBERRA MRT
NS12
YISHUN MRT
NS13
SEMBAWANG MRT
NS11
Primary Schools
Ahmad Ibrahim Primary
0.9 km
Yishun Primary
0.96 km
Sembawang Primary
1.0 km
Secondary Schools
Ahmad Ibrahim Secondary
0.44 km
Yishun Secondary
1.3 km
Yishun Town Secondary
1.34 km
Shopping Malls
Sembawang Shopping Centre
0.45 km
Sun Plaza
1.36 km
Northpoint Shopping Centre
1.39 km
Groceries & Supermarts
Giant(Sembawang)
0.45 km
Giant(Yishun Avenue 5)
1.02 km
Giant(Yishun Street 22)
1.14 km
Google Map
Tap to Zoom
Bus/MRT
- mins
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- mins
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CANBERRA MRT
NS12
0.49 km
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YISHUN MRT
NS13
1.37 km
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- mins
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SEMBAWANG MRT
NS11
1.4 km
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Ahmad Ibrahim Primary
0.9 km
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- mins
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Yishun Primary
0.96 km
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- mins
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- mins
Sembawang Primary
1.0 km
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Ahmad Ibrahim Secondary
0.44 km
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- mins
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- mins
Yishun Secondary
1.3 km
Bus/MRT
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- mins
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- mins
Yishun Town Secondary
1.34 km
Bus/MRT
- mins
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- mins
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Sembawang Shopping Centre
0.45 km
Bus/MRT
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- mins
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- mins
Sun Plaza
1.36 km
Bus/MRT
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Northpoint Shopping Centre
1.39 km
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- mins
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- mins
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- mins
Giant(Sembawang)
0.45 km
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- mins
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- mins
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Giant(Yishun Avenue 5)
1.02 km
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Giant(Yishun Street 22)
1.14 km
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Home Price Insights
SRX estimates the market price of this unit at $XXXXXX
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