The Watergardens at Canberra drew a lot of attention during its opening weekend, with 60% of the 448 apartments sold.
Prices for two-bedroom apartments start at around $920,000, $1.3 million for three-bedroom units, and $1.8 million for four-bedroom units.
“This is the first private condominium in the northern region of Singapore in over the last 6 years,” according to Jesline Goh, UOL’s Chief Investment and Asset Officer.
Buyers are drawn to the project because of its excellent product characteristics, abundant vegetation, and closeness to the Canberra MRT station and the planned North Coast Innovation Corridor, according to what we observed.
She pointed out that the majority of the purchasers were homeowners, and that sales were evenly distributed across all unit categories.
The 99-year leasehold project, a joint venture between Kheng Leong Company, UOL, and Singapore Land Group, consists of 16 five-story buildings with a mix of 2- to 4-bedroom apartments.
It is close to Sembawang Hot Spring Park, Sungei Khatib Bongsu, and the Lower and Upper Seletar Reservoirs, among other natural features.
The Watergardens at Canberra will be completed in Q2 2026 and is close to Sembawang Shopping Centre, Canberra Plaza, Chong Pang Wet Market and Food Centre, Northpoint City, and the planned Bukit Canberra integrated hub.
