The Watergardens At Canberra
Developer: United Venture Development (2020) Pte. Ltd.
Developer License No: C1402
UEN No: 202007100W
Mukim Lot: 04067X MK19 Canberra Drive
Expected TOP: 30 June 2026
Expected CSC: 30 June 2029
Developed By:
UOL Top Bid Canberra Drive Residential Site At $270.2 million
UOL Group had top bid Canberra Drive Residential Site At $270.2 million, translating to $650 psf ppr. The residential site project name to be known as The Watergardens at Canberra.
MCC Land (Singapore) and Greatview Group came up the second-highest bid at $257.9 million. CSC Land Group (Singapore) had the lowest bid at $240 million.
Under the Government Land Sale (GLS) programme, the two sites supposedly to be on sale as a single plot. It was later split into two plots to be digestible appealing to property developers.
Parcel B is larger than Parcel A, potentially yielding up to 455 apartment units. Parcel A can yield 220 apartment units. Both of the sites are attractive since both are close to the Canberra MRT station, Sembawang Shopping Centre and Sun Plaza.
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