Canberra Crescent Residences, a development by Kheng Leong Co. and Low Keng Huat, attracted a large crowd of over 4,000 visitors at its preview over the weekend of July 19-20. The project, consisting of 376 private condominium units, is set to launch on August 2.Located on Canberra Crescent in the northern region, the 99-year leasehold development covers 219,985 sq ft and comprises four 12-storey blocks. It offers a variety of one- to four-bedroom units, with only three one-bedroom units (409 sq ft) situated on the first storey of three blocks. Prices for the one-bedroom units start from $880,000, or $2,152 psf.Read also: Kheng Leong and Low Keng Huat JV to preview Canberra Crescent Residences at prices from $1,880 psfAdvertisementAdvertisementA total of 94 units (25%) are made up of one- and two-bedroom units, including 23 two-bedroom compact units (570 sq ft) and 68 two-bedroom premium units (667 sq ft). Prices for these units start from $1.11 million, or $1,950 psf.Three-bedroom units, which make up the majority of the project with 198 units (52.7%) in total, include 141 standard units (797 to 883 sq ft) and 57 premium units (990 sq ft). Prices start from $1.53 million, or $1,920 psf.Four-bedroom units account for 84 units (22.3%) and are available in three different sizes – compact (1,163 sq ft), standard (1,216 sq ft), and premium (1,324 sq ft). Prices for these units start from $2.2 million, or $1,880 psf.Crowd queuing to visit the two-bedroom premium showflat Condo amenities at Canberra Crescent Residences include a clubhouse, three swimming pools, six barbecue pavilions, and a 100m sky garden that connects two of the blocks. A childcare centre will also be located within the development.The project is conveniently situated just a 12-minute walk from the Canberra MRT Station, which opened in November 2019. It is also in close proximity to green spaces such as Sembawang Park, Montreal Green, and Sembawang Beach. The private condo is also situated near the Northern Explorer Loop, a park connector network that links 11 parks and nature areas across the North, including Woodlands Town Garden, Admiralty Park and Woodlands Waterfront, making it an ideal location for nature lovers and outdoor enthusiasts.Canberra Crescent Residences is also set to benefit from future developments such as the redevelopment of Sembawang Shipyard into a mixed-use waterfront lifestyle district, the Seletar Line which will connect the northern region to the Greater Southern Waterfront, and the upcoming North-South Corridor, which will enhance connectivity for residents in Sembawang to the city centre.Read also: Kheng Leong’s 21 Anderson caters to ultra-high net worth buyers with $58 mil penthouses and generous, freehold units AdvertisementAdvertisementTo find out more about the latest listings and price trends for properties at Canberra Crescent Residences, visit Ask Buddy.
.
One of the advantages of investing in a condo is the opportunity to leverage its value for future investments. This means that investors can use their condo as collateral to secure additional financing for new investments, allowing them to expand their real estate portfolio. While this approach can potentially generate higher returns, it also carries certain risks. Therefore, it is essential to have a well-defined financial plan and carefully consider the potential impact of market fluctuations on your condo investment.