In a 12 months the place the Outdoors of Central Area (OCR) new launches are more and more breaching S$2,300 psf, Canberra Crescent Residences’ indicative worth of S$1,880 psf presents a robust worth proposition. Is that this undertaking probably the greatest picks this 12 months for price-conscious patrons?
Let’s dive into the small print!
Desk of contents
Canberra Crescent Residences launching on August 2
With gross sales bookings beginning on August 2, the preview of Canberra Crescent Residences drew greater than 4,000 guests over its first opening weekend. It alerts sturdy pent-up demand for brand spanking new initiatives within the space since 2021. Enticing pricing additionally performs an element on this hype.
How? The 376-unit Canberra Crescent Residences is more likely to be among the many most reasonably priced new personal condominiums launched in 2025, with one of many lowest entry costs for a brand new suburban undertaking. This pricing technique positions Canberra Crescent Residences as a mid-range but upscale alternative for owners looking for personal condominium dwelling with out straining their price range.
Builders Kheng Leong and Low Keng Huat have a confirmed fame for delivering premium residential initiatives, which has helped construct confidence amongst potential patrons. The undertaking’s design and way of life choices, significantly the three,000-sqm Canberra Membership, are drawing consideration from each buyers and households.
Canberra Crescent Residences is predicted to obtain its Non permanent Occupation Allow (TOP) in April 2030.
Interested by different launches this 12 months? Try the full listing of latest apartment launches in 2025.
Indicative pricing at Canberra Crescent Residences
The undertaking’s indicative pricing begins at S$1,880 psf, which is aggressive in comparison with many OCR launches this 12 months. As an illustration, ELTA in Clementi launched earlier in Q1 2025 at a mean of S$2,537 psf. Parktown Residences in Tampines additionally achieved effectively above the value, at S$2,360 psf on common.
Canberra Crescent Residences, then again, is positioning itself as one of many extra reasonably priced choices with out compromising on high quality.
Right here’s a fast have a look at the indicative pricing for Canberra Crescent Residences:
- 1-bedroom (409 sqft) – from S$880,000 (S$2,152 psf)
- 2-bedroom (570–667 sqft) – from S$1.11 million (S$1,1950 psf)
- 3-bedroom (797–990 sqft) – from S$1.53 million (S$1,1920 psf)
- 4-bedroom (1,163–1,324 sqft) – from S$2.2 million (S$1,880 psf)
The worth technique appeals to HDB upgraders, who now face a narrowing hole between resale flats and new personal condos. At this worth level, Canberra Crescent Residences presents each worth for cash and long-term upside, significantly with its sturdy location and way of life choices.
What makes this pricing much more enticing is the broader market pattern. The rise in OCR pricing, and even Remainder of Central Area (RCR) initiatives inching nearer to S$3,000 psf, is pushing patrons to rethink their priorities. Many now see District 27 (Sembawang/Canberra/Yishun) as a rising star by way of affordability and progress potential.
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Value evaluation: The way it stacks up towards close by initiatives
The encircling Canberra space is a mixture of HDBs, government condos (ECs), and personal condos, lots of which nonetheless provide resale costs under S$1,500 psf. This implies Canberra Crescent Residences, whereas is attractively priced in comparison with different new launches in 2025, can not compete purely on worth with its surrounding. Its worth proposition lies in its fashionable design, premium finishes, and new amenities.
Wanting on the EC counterpart, initiatives like Provence Residence are rising as notable opponents. Based mostly on URA knowledge (as of July 2025), Provence Residence’s 3-bedders are averaging round S$1,492 psf, with 4-bedders going for S$1,223 psf. As soon as Provence Residence hits its MOP in 2030, we are able to count on Canberra Crescent Residences items to hit the resale market as effectively, presenting severe competitors by way of affordability in the long term.
By way of personal property, see the latest pricing of comparable initiatives within the space:
| Mission | TOP | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| The Nautical | 2015 | S$707,472 | S$969,667 | S$1,236,294 | S$1,997,481 |
| Kandis Residence | 2021 | S$715,000 | S$1,046,736 | S$1,430,000 | – |
| The Watergardens | 2024 | – | S$1,235,343 | S$1,641,378 | S$2,330,000 |
| The Commodore | 2024 | S$895,000 | S$1,298,778 | S$1,895,000 | S$2,250,000 |
Canberra Crescent Residences worth insights by unit sort
1-bedroom items
With solely three 1-bedroom items at Canberra Crescent Residences ranging from S$880,000 (S$2,152 psf), demand is predicted to be intense. Costs listed below are on par with The Commodore’s newer 1-bedders, however notably increased than older inventory like The Nautical. The shortage issue virtually ensures these will promote shortly.
2-bedroom items
Beginning at S$1.11 million (S$1,950 psf), the 2-bedders are barely under The Commodore’s entry-level pricing, which crosses S$1.3 million. Whereas older condos like Kandis Residence hover across the similar quantum, Canberra Crescent’s fashionable layouts and brand-new situation give it an edge, particularly for younger households and upgraders.
3-bedroom items
Priced from S$1.53 million (S$1,920 psf), these items are corresponding to The Watergardens and The Commodore. They continue to be costlier than close by EC choices (ranging S$1.3–S$1.4 million), however for patrons prioritising brand-new finishes and practical layouts, the pricing is aligned with present OCR new-launch norms.
4-bedroom items
The beginning worth of round S$2.2 million (S$1,880 psf) locations these 4-bedders on par with the biggest items at The Watergardens and The Commodore. Notice that that is roughly double what you’d pay for an EC of the identical dimension. Nevertheless, patrons searching for spacious OCR household houses with new amenities will discover this worth level sensible for a contemporary launch.
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Canberra Crescent Residences highlights
One of many strongest promoting factors of Canberra Crescent Residences is The Canberra Membership, a 3,000 sqm way of life clubhouse that anchors the event’s amenities. It features a 50‑metre lap pool, a youngsters’s splash pool, health and wellness studios, and co‑working lounges designed for at the moment’s hybrid work life.
Giant 3- and 4-bedroom layouts cater on to multi-generational households. With Wellington Main College inside 1km and several other others together with Sembawang, Canberra, and Chongfu Main inside a 2km radius, the event clearly targets households searching for area and stability. Facilities like BBQ pavilions, operate rooms, and plush landscaping improve the resort-style dwelling expertise.
Location assessment
By way of native facilities, Canberra Plaza presents retail and F&B simply minutes away, whereas Bukit Canberra brings a state-of-the-art sports activities and group hub to the doorstep of residents. Northpoint Metropolis, a significant mall, lies only one cease away. In the meantime, leisure choices like Sembawang Park and waterfront trails improve livability.
District 27 itself has morphed from a quiet peripheral space to a quick‑rising residential hub. Canberra MRT, round 800m from the brand new launch, connects residents on to Orchard in below half-hour. The upcoming North‑South Hall (NSE) can even minimize down journey occasions even additional.
Market outlook
This space evolution attracts younger households and first‑time patrons, who’re drawn to high quality dwelling at affordable costs. In some ways, it’s secure to say that Canberra now rivals the East or West areas — however at a a lot decrease entry worth. City planning initiatives, just like the North Coast Innovation Hall and growth of Woodlands Regional Centre, sign rising financial exercise within the North, which ought to assist housing demand.
Wanting again, District 27’s older 99-year lease apartment launches have loved important worth progress over the past 5 years. Canberra Residences (TOP 2015), as an example, recorded over a 40% enhance in common psf since 2020 alone. With restricted new personal apartment provide, Canberra Crescent Residences could get pleasure from related upside, particularly as OCR costs climb additional. Traders who enter early can profit from each resale flexibility and dwelling in a maturing area with excessive demand.
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