THE WATERGARDENS AT CANBERRA
UrbanLens Analysis
THE WATERGARDENS AT CANBERRA commands $1,741 PSF -- NaN% below what District 27 typically fetches ($0 PSF). Canberra MRT sits just 428m away (5-min walk), a clear connectivity win.
Prices have surged 19.1% in two years. That is strong performance, though buyers entering now face elevated downside risk. 60 transactions over two years gives deep liquidity and reliable pricing signals.
Roughly 93 years of lease remain. That is comfortably long -- no financing haircuts, no CPF restrictions, no urgency to the timeline. Gross yield of 3.0% beats the OCR average of 0.0%. With $4,015/month median rent, income-focused buyers have a real case here.
The 448-unit scale delivers broad facilities and solid transaction depth, but large blocks occasionally create pricing headwinds during softer markets. In the Outside Central region, price sensitivity runs high. The value-for-money equation must be compelling to attract buyers.
PSF Trend
Own a unit here?
Get an instant valuation based on real transaction data for your floor and unit size.