Overview Rating
In summary, while The Watergardens At Canberra has favorable factors such as its proximity to amenities and future development plans in the area, it also has certain limitations such as its leasehold tenure and sale PSF price. However, it still remains a promising property for resale potential and rental yield.
Tenure
The Watergardens At Canberra has a 99-year leasehold tenure, which may be less attractive to some buyers compared to freehold properties. However, it is important to note that most new developments in Singapore are built with a leasehold tenure.
Amenities
The condo is within walking distance of Canberra MRT Station, which provides easy access to other areas in Singapore. There are also nearby supermarkets for groceries and household products. Schools like Ahmad Ibrahim Secondary School, Sir Manasseh Meyer International School, and Sembawang Primary School are also located close by.
Future Development
The Urban Redevelopment Authority (URA) has plans for future development in the surrounding area of The Watergardens At Canberra which could increase appreciation over time.
Sale PSF Price
The sale PSF price for The Watergardens At Canberra ranges from $1,432 to $1,751 psf. This falls within the average PSF price for condos in the OCR region (Outside Central Region). However, it is slightly lower than the average PSF prices for condos in RCR (Rest of Central Region) and CCR (Core Central Region).
Resale Potential
The location of The Watergardens At Canberra near MRT stations and schools makes it an attractive property for resale. Additionally, upcoming developments in the area could increase demand for the property.
Rental Yield
Based on current market conditions and average rental yields in Singapore, there is potential for good rental yield at The Watergardens At Canberra.
The Watergardens At Canberra is a new condominium development located in Sembawang, District 25. Completed in 2026, the development comprises a total of 448 units spread across 16 blocks. The condo offers an impressive range of amenities and facilities, making it an attractive option for families and individuals looking for a comfortable and convenient living environment.
Location:
One of the main advantages of The Watergardens At Canberra’s location is its proximity to public transport. The development is within walking distance of the Canberra MRT station, which offers easy access to other areas of Singapore. The area also has several bus routes that connect residents to nearby shopping centers and amenities.
In terms of amenities, residents have access to several supermarkets such as Giant Hyper – Sembawang Shopping Centre for groceries and household products. There are also clinics such as H S Lee Clinic & Surgery nearby for health check-ups or emergencies.
However, some potential downsides to the location include limited dining options, as well as limited entertainment venues in the immediate vicinity.
Units:
The Watergardens At Canberra offers a variety of unit types ranging from two-bedroom units up to four-bedroom penthouses. The units are well-designed with practical layouts that maximize space utilization. Each unit boasts luxurious finishes and high-quality appliances that make them both functional and aesthetically pleasing.
One downside could be that some units may not receive direct sunlight due to their orientation within the building.
Price:
The price point for units at The Watergardens At Canberra ranges from $1.13M up to $1.97M, with an average PSF between $1,432 ~ $1,751. This puts it in line with similar properties in the area and represents good value for money considering the high-quality finishes, extensive amenities on offer, and prime location next to public transportation.
Conclusion:
Overall, The Watergardens At Canberra is an excellent choice for those looking for a luxurious and convenient living experience. The development’s proximity to public transportation, quality finishes, and variety of amenities make it an attractive investment opportunity. However, potential residents should also take note of the limited dining options and entertainment venues in the immediate vicinity. Overall, this is a great option for families or individuals looking for a comfortable and convenient lifestyle.
