60% of The Watergardens at Canberra sold at launch

Victor Kang30 Aug 2021

The 99-year leasehold project by UOL, Kheng Leong Company and Singapore Land Group sold 60% of its 448 units during its weekend launch. Photo: UOL

The Watergardens at Canberra received robust interest during its launch weekend, with 60% of its 448 units sold.

Prices for its two-bedroom units start from below $920,000, below $1.3 million for its 3-bedders and below $1.8 million for its 4-bedders.

“This is the first private development to come to the market in the northern part of Singapore in over six years,” said Jesline Goh, Chief Investment and Asset Officer at UOL.

“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 Innovation Corridor.”

She noted that most of the buyers were homeowners, with sales well spread across all unit types.

A joint venture between UOL, Kheng Leong Company and Singapore Land Group, the 99-year leasehold project comprise 16 five-storey buildings featuring a mix of 2- to 4-bedroom units.

It is located near various nature attractions, including Sungei Khatib Bongsu, Sembawang Hot Spring Park as well as the Lower and Upper Seletar Reservoirs.

Set for completion in Q2 2026, The Watergardens at Canberra is also within the vicinity of Canberra Plaza, Northpoint City, Chong Pang Wet Market and Food Centre, Sembawang Shopping Centre as well as the upcoming Bukit Canberra integrated hub.


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Victor Kang, Digital Content Specialist at PropertyGuru, edited this story. To contact him about this story, email: victorkang@propertyguru.com.sg


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