Michael Koh
CEO
Project Name | THE WATERGARDENS AT CANBERRA |
---|---|
Road | CANBERRA DRIVE |
Location | Local |
District | D27 - YISHUN, SEMBAWANG |
Region | North Region |
Broad Region | Outside Central Region (OCR) |
Country | Singapore |
Category | NON-LANDED RESIDENTIAL |
Model | CONDO |
Developer | United Venture Development (2020) Pte. Ltd. |
Expected Top | 30 JUNE 2026 |
Tenure | 99 YEARS LEASEHOLD |
Unit Type | No. of Units | Floor Area (sqm) | Floor Area (sqft) |
---|---|---|---|
2BR | 80 | 60 - 63 | 646 - 678 |
2BR Premium | 119 | 67 - 87 | 721 - 936 |
2BR Premium + Study | 20 | 74 - 90 | 797 - 969 |
3BR | 94 | 84 - 108 | 904 - 1163 |
3BR + Study | 10 | 94 - 112 | 1012 - 1206 |
3BR Premium + Study | 65 | 103 - 123 | 1109 - 1324 |
4BR Premium | 60 | 121 - 142 | 1302 - 1528 |
Total Units | 448 |
No.of rooms | Unit Type | Sqm | Sqft | No. of units | Stack | Price Min. | Price Max. |
---|---|---|---|---|---|---|---|
2BR | 2C1 | 60 | 646 | 20 | 14, 17, 20, 23 | SOLD | SOLD |
2C2 | 63 | 678 | 25 | 04, 78, 79, 87, 88 | $1,031,000 | $1,031,000 | |
2C3 | 63 | 678 | 10 | 11, 29 | $1,041,000 | $1,041,000 | |
2C4 | 63 | 678 | 15 | 47, 58, 63 | $1,022,000 | $1,071,000 | |
2C5 | 63 | 678 | 10 | 01, 07 | $1,014,000 | $1,041,000 | |
2BR Premium | 2P1 | 67 | 721 | 16 | 16, 19, 21, 24 | SOLD | SOLD |
2P1-PH | 81 | 872 | 4 | 16, 19, 21, 24 | SOLD | SOLD | |
2P2 | 70 | 753 | 16 | 02, 77, 89, 90 | $1,125,000 | $1,125,000 | |
2P2-PH | 86 | 926 | 4 | 02, 77, 89, 90 | $1,182,000 | $1,182,000 | |
2P3 | 70 | 753 | 15 | 05, 27, 31, 64 | $1,093,000 | $1,093,000 | |
2P3-PH | 86 | 926 | 4 | 05, 27, 31, 64 | $1,182,000 | $1,182,000 | |
2P4 | 70 | 753 | 8 | 84, 91 | $1,120,000 | $1,120,000 | |
2P4-PH | 87 | 936 | 2 | 84, 91 | $1,200,000 | $1,200,000 | |
2P5 | 70 | 753 | 24 | 08, 26, 50, 55, 66, 83 | $1,104,000 | $1,152,000 | |
2P5-PH | 81 | 872 | 6 | 08, 26, 50, 55, 66, 83 | $1,173,000 | $1,201,000 | |
2P6 | 70 | 753 | 8 | 75, 82 | $1,120,000 | $1,120,000 | |
2P6-PH | 84 | 904 | 2 | 75, 82 | $1,195,000 | $1,195,000 | |
2P7 | 70 | 753 | 8 | 32, 43 | $1,162,000 | $1,183,000 | |
2P7-PH | 83 | 893 | 2 | 32, 43 | $1,233,000 | $1,240,000 | |
2BR Premium + Study | 2PS1 | 74 | 797 | 8 | 80, 86 | SOLD | SOLD |
2PS1-PH | 90 | 969 | 2 | 80, 86 | $1,253,000 | $1,253,000 | |
2PS2 | 74 | 797 | 8 | 09, 10 | SOLD | SOLD | |
2PS2-PH | 90 | 969 | 2 | 09, 10 | SOLD | SOLD | |
3BR | 3C1 | 84 | 904 | 8 | 18, 25 | SOLD | SOLD |
3C1-PH | 100 | 1076 | 2 | 18, 25 | SOLD | SOLD | |
3C2 | 89 | 958 | 39 | 03, 13, 15, 22, 28, 45, 49, 56, 57, 65 | $1,361,000 | $1,442,000 | |
3C2-PH | 108 | 1163 | 10 | 03, 13, 15, 22, 28, 45, 49, 56, 57, 65 | $1,454,000 | $1,531,000 | |
3C3 | 89 | 958 | 20 | 12, 30, 46, 59, 62 | $1,421,000 | $1,449,000 | |
3C3-PH | 107 | 1152 | 5 | 12, 30, 46, 59, 62 | $1,467,000 | $1,529,000 | |
3C4 | 89 | 958 | 8 | 06, 76 | $1,405,000 | $1,405,000 | |
3C4-PH | 108 | 1163 | 2 | 06, 76 | $1,502,000 | $1,502,000 | |
3BR + Study | 3CS1 | 94 | 1012 | 8 | 81, 85 | SOLD | SOLD |
3CS1-PH | 112 | 1206 | 2 | 81, 85 | $1,574,000 | $1,574,000 | |
3BR Premium + Study | 3PS1 | 103 | 1109 | 12 | 48, 60, 61 | $1,559,000 | $1,652,000 |
3PS1-PH | 123 | 1324 | 3 | 48, 60, 61 | $1,691,000 | $1,729,000 | |
3PS2 | 103 | 1109 | 30 | 37, 38, 52, 53, 68, 69, 72, 73 | $1,554,000 | $1,628,000 | |
3PS2-P | 103 | 1109 | 2 | 37, 38 | $1,614,000 | $1,614,000 | |
3PS2-PH | 123 | 1324 | 8 | 37, 38, 52, 53, 68, 69, 72, 73 | $1,671,000 | $1,712,000 | |
3PS3 | 103 | 1109 | 8 | 34, 41 | $1,606,000 | $1,648,000 | |
3PS3-PH | 122 | 1313 | 2 | 34, 41 | $1,722,000 | $1,722,000 | |
4BR Premium | 4P1 | 121 | 1302 | 32 | 36, 39, 51, 54, 67, 70, 71, 74 | $1,798,000 | $1,929,000 |
4P1-PH | 142 | 1528 | 8 | 36, 39, 51, 54, 67, 70, 71, 74 | $1,968,000 | $2,020,000 | |
4P2 | 121 | 1302 | 16 | 33, 35, 40, 42 | $1,855,000 | $1,929,000 | |
4P2-PH | 142 | 1528 | 4 | 33, 35, 40, 42 | $2,004,000 | $2,020,000 |
Spot: Available | District: 19 | Category: Condo |
Fri, 17 Sep 2021 16:15:32 GMT |
THE FLORENCE RESIDENCES | D19 | 2 Bedroom Deluxe | 667sqft | #14-14 | $1,811.00psf | $1,208,000 |
BARTLEY VUE | D19 | 2 Bedroom Premium | 732sqft | #05-05 | $1,835.00psf | $1,343,000 |
SENGKANG GRAND RESIDENCES | D19 | 2 Bedroom Premium + Study | 764sqft | #13-44 | $1,890.00psf | $1,444,080 |
PARKWOOD RESIDENCES | D19 | 3 BEDROOM | 936sqft | #05-05 | $1,600.00psf | $1,497,300 |
THE FLORENCE RESIDENCES | D19 | 2 Bedroom Deluxe | 797sqft | #18-14 | $1,598.00psf | $1,274,000 |
PARKWOOD RESIDENCES | D19 | 3 BEDROOM | 936sqft | #05-05 | $1,600.00psf | $1,497,300 |
BARTLEY VUE | D19 | 2 Bedroom Premium | 732sqft | #05-05 | $1,835.00psf | $1,343,000 |
SENGKANG GRAND RESIDENCES | D19 | 2 Bedroom Premium + Study | 764sqft | #13-44 | $1,890.00psf | $1,444,080 |
BARTLEY VUE | D19 | 2 Bedroom Premium | 732sqft | #05-05 | $1,835.00psf | $1,343,000 |
PARKWOOD RESIDENCES | D19 | 3 BEDROOM | 936sqft | #05-05 | $1,600.00psf | $1,497,300 |
SENGKANG GRAND RESIDENCES | D19 | 2 Bedroom Premium + Study | 764sqft | #13-44 | $1,890.00psf | $1,444,080 |
THE FLORENCE RESIDENCES | D19 | 2 Bedroom Deluxe | 667sqft | #14-14 | $1,811.00psf | $1,208,000 |
THE FLORENCE RESIDENCES | D19 | 2 Bedroom Deluxe | 667sqft | #14-14 | $1,811.00psf | $1,208,000 |
BARTLEY VUE | D19 | 2 Bedroom Premium | 732sqft | #05-05 | $1,835.00psf | $1,343,000 |
SENGKANG GRAND RESIDENCES | D19 | 2 Bedroom Premium + Study | 764sqft | #13-44 | $1,890.00psf | $1,444,080 |
PARKWOOD RESIDENCES | D19 | 3 BEDROOM | 936sqft | #05-05 | $1,600.00psf | $1,497,300 |
PARKWOOD RESIDENCES | D19 | 3 BEDROOM | 936sqft | #05-05 | $1,600.00psf | $1,497,300 |
THE FLORENCE RESIDENCES | D19 | 2 Bedroom Deluxe | 797sqft | #18-14 | $1,598.00psf | $1,274,000 |
SENGKANG GRAND RESIDENCES | D19 | 2 Bedroom Premium + Study | 764sqft | #13-44 | $1,890.00psf | $1,444,080 |
BARTLEY VUE | D19 | 2 Bedroom Premium | 732sqft | #05-05 | $1,835.00psf | $1,343,000 |
SINGAPORE, 15 September 2021 – Overall private new home sales in August 2021 eased up compared to the previous month. While sales activity was quieter, August’s sales volume of more than 1,200 units was considered relatively healthy. It demonstrated the market’s resiliency in spite of the lack of new launches, the Hungry Ghost month as well as the Phase 2 Heightened Alert Restrictions from 22 July to 18 August. Based on caveats lodged, developers sold 1,215 new private homes (excluding Executive Condos) in August 2021 – 23.6% lower than the 1,591 units transacted in July. The month of July was considered to be an exceptional month, driven by the impressive sales in the OCR which was led by the launch of Pasir Ris 8. When compared to last year in August 2020 where 1,258 units were transacted – home sales in August was down by 3.4%.
In terms of sales volume, the month of August was on par with other months, namely March and April, where sales volumes were slightly more than 1,200 units. Examining the take-up ratio (see Table 1), computed by taking the units (excl. EC) sold in the month against units launched, the take-up ratio was 1.45 for August – faring better than most of the months this year, except for in February and May where there were no new launches, resulting in a higher take-up ratio, due to the lower launch volumes in those months
New homes sales in the Outside Central Region (OCR) recorded almost two thirds of total sales in August with 720 units. A bulk of the sales in the OCR were from The Watergardens @ Canberra which launched in the later part of August. The project managed to move almost 60% of its units, selling an impressive 267 units out of its total inventory of 448 units, at a median price of $1,469 psf. The OCR sales in August was also boosted by other previously launched OCR projects such as The Florence Residences (66 units) and Midwood (62 units) which continued to move units steadily in the month.
In the Rest of Central Region (RCR), 343 new homes were transacted in August 2021. The RCR sold 21.7% less units in August compared to the previous month. Its sales were boosted by Normanton Park which sold 131 units at a median price of $1,828 psf. While in the Core Central Region (CCR), 152 new homes were sold, 7.8% more units in August compared to July. Leedon Green was the best-selling CCR project in August, with 32 units transacted, at a median price of $2,718 psf.
In the EC segment, developers sold 107 new units in August 2021 despite a lack of new EC launches – down by 31% from the 155 new ECs transacted in June. In August 2021, Ola was the best-selling EC project, moving 57 units at a median price of $1,152psf. The EC market has been relatively quiet since the last EC launch, Provence Residences in May. EC sales are expected to pick up following the launch of Parc Greenwich in September.
In terms of units launched, developers placed 836 new private homes (ex. ECs) on the market in August – 24.3% less than the 1,104 units (ex. ECs) launched in the previous month. All of the units placed on the market in August were mostly from previously launched projects and two new project launches, namely The Watergardens at Canberra with 300 units and Klimt Cairnhill with 138 units.
Mr Ismail Gafoor, CEO of PropNex Realty:
“For the month of August, about 22% of the month’s
new home sales (excl. ECs) comprised of units at the Watergardens @ Canberra, while the rest (78%) were units from previously launched projects. Owing to the lack of new launches, buyers continued to pick up new homes from past projects due to their attractive pricing in comparison to recent launches which have higher benchmark prices. Buyers have also felt more compelled to enter the market now due to news of anticipated rising prices for
future project launches – fuelled by high land bid prices at recent land tenders and as well as increasing construction costs.
It was observed that 7 out of the top 10 best-selling projects in August were OCR projects (see table 2), indicative of some residual pent-up demand for suburban homes from HDB upgraders, which will continue to sustain the market till the end of the year. Sales in the RCR segment should pick up slightly in the coming months, supported by two upcoming RCR launches – Bartley Vue and Canninghill Piers – the former was launched on the first weekend of September while the latter is scheduled to be launched in the third quarter of this year. For the CCR segment, it is expected to gain some momentum towards the end of the year as border restrictions slowly ease up together with some new project launches in the pipeline including Perfect Ten and Jervois Mansion.
In September, the new home sale market is projected to achieve a sales volume of about 800 to 900 units – sales are expected to be driven mainly by past launched projects due to the lack of major new launches during the month. For the whole of 2021, we project that new private home sales (ex. ECs) could exceed 12,000 units, barring any unforeseen events and new cooling measures.”
Thinking of renting an apartment? Here are the key things to note before you make the move.
By PropNex Research and editorial
While renting a home may seem straightforward enough at first, it could get complicated when one gets to the nuts and bolts. Identifying a choice location and ascertaining the rental budget are just the initial steps of the leasing process.
In addition, it is also important to allocate sufficient time for the home hunting process, from reviewing listings to shortlisting properties and viewing the units. Ideally, one should set aside at least two to three weeks to sift through the options available. Increasingly, many property agents also make use of digital platforms to conduct virtual tours of units, which will also help to save time in narrowing down and shortlisting of choice properties.
Here’s a checklist on some of the main factors to note before leasing a home in Singapore.
Do the math and decide on the budget for rent. Be sure to consider other financial commitments and expenses when doing the sums to ensure that one is not financially-stretched. The key is: rent within your means - there should be some funds left from your monthly income to go into savings and investment after accounting for rental and expenses.
Having the budget sorted out, it is time to consider the lease period. In Singapore, the current minimum rental period for private residential properties is three months, while that of HDB flats is six months. These days, most people would sign either a one- or two-year contract, which gives them the flexibility to re-negotiate the lease terms upon renewal or move to a different property.
Make a list of the neighbourhoods that one likes or prefers to live in, and why they have been selected. Consider factors such as: price; convenience; transport connectivity; availability of amenities within walking distance; commuting time to work or school; privacy; and its surroundings (for example, is there major construction works going on nearby?)
For private residential properties, they can be grouped into three main sub-markets – Core Central Region (CCR) in the prime city area, Rest of Central Region (RCR) or the city fringe, and Outside Central Region which refers to the suburban areas. Naturally, rents in CCR are higher than the other two sub-markets.
In Q4 2020, data showed that the median rent in CCR at $3.96 psf is below the $4.05 psf in Q4 2019. Meanwhile, the median rent for RCR and OCR in Q4 2020 at $3.46 psf and $2.76 psf respectively have exceeded their corresponding figure from a year ago.
There are various types of properties for rent with the two common ones being private condos and HDB flats. Which to opt for will depending on the budget, lifestyle preference, and housing needs. Typically, renting an HDB flat is cheaper than leasing private condo in a given area. However, public housing is unlike gated private apartments as they do not come with facilities. So, if things like a gym, swimming pool, tennis courts, function rooms and BBQ pits are important, then opt for private condos.
In 2020, there were a total of 86,567 non-landed private home leasing contracts (excluding executive condos), representing a 2% decline from the 88,116 contracts in 2019. Some of the areas that are popular with tenants last year were in the prime Districts 9 and 10 in the city. Some tenants likely took the opportunity to move to the CCR as the pandemic weighed on rental rates.
Meanwhile, a total of 38,798 HDB flats were approved for rent in 2020 – down from 48,195 leases in the previous year. Among the flats rented out, 4-room units were the most popular, accounting for over a-third of the total rental approved in 2020.
Once the ideal property has been selected, the prospective tenant who may have concerns such as noise level could choose to visit the unit again on a different day and at a different time. This could help to better assess the living environment - for instance, there may be more traffic noise or the roads may be more congested on weekday mornings than during the weekends.
Do not be afraid to ask questions. If one is only leasing a room, find out if cooking is permissible in the kitchen, or if visitors are allowed. Other questions can include whether pets are permitted, whether the unit will come unfurnished, partially furnished, or fully furnished. Do note that fully furnished apartments will cost more to rent.
Before signing off on the agreement, be sure to evaluate the lease terms carefully and clarify any points that are unclear. It is advisable to engage a professional property agent to help you with the leasing process. They will be able to give recommendations on ideal locations, navigate the negotiation process, and assess the contractual terms. Some of these issues could be relating to the security deposit, or the diplomatic clause in the case of foreigners renting homes here.
Would-be tenants should also check with the landlord on the process to address matters such as maintenance and repairs during the tenancy period. This includes how the landlord can be contacted, the response time, and who would bear the cost of repairs, for instance.
Once the unit has been selected and leased, the tenant ought to clearly document the original condition of the house in writing, supported with photos/videos. Such documentation will minimise potential disputes in the future when the unit is returned upon lease expiry.
D27 and D28 are my childhood and schooling days places while D22 and D23 are places I have since stayed. Being a local and a property investor, I update myself constantly on Singapore transformations and connectivity to build a comfy home in a secured and stable nation. Your trusted and reliable salesperson who strive to handle your property needs just like how I handled my own 100% with faith and responsibility. Let's connect now all Propnex Friends!
Disclaimer:
PropNex Realty Pte Ltd or its salespersons will not be responsible for any errors or omissions or for the results obtained from the use of this information. All information is provided with no guarantee of accuracy. If in doubt, kindly seek appropriate advice from your financial advisors or bankers before you make any property investment decision.