Last Updated: 16th April 2021

Project Details
Project DetailsParc Canberra Executive Condominium
LocationCanberra Link in Sembawang
DistrictD27
DeveloperHoi Hup Realty and Sunway Group
Site Area194,187 sq ft / 18,040 sqm
No. of Blocks10 Blocks
No. of Storeys11 to 13 Storeys
Site UseResidential Flat Developement
Tenure99-year leasehold
No. of UnitsApprox. 500units
Expected Date of TOPEst. 2023

Parc Canberra EC Price

Hoi Hup Realty and Sunway Group successfully secured the executive condominium (EC) site along Canberra Link. The new EC sits an area of 194,187 square foot (18,040.6 square meter) land parcel and has a plot ratio of 2.5. With the top bid of  S$271 million, it works out to S$558.2 per square foot per plot ratio (psf ppr). According to the Housing and Development Board (HDB), it can yield a maximum of 500 units.

Based on the estimation, the Parc Canberra EC will have a break-even price of S$950 psf ppr and an average selling price of S$1,050 psf.

(All prices for Parc Canberra displayed here are for reference purposes. Prices are subject to change from time to time without prior notice. This webpage cannot be held responsible for any inaccuracies, omissions and/or dispute.)

2 BEDROOM + STUDY

SOLD OUT

829 SQF (1 UNIT)

3 BEDROOM

From $936k

818-926 SQF (77 UNITS – LAST 11)

3 BEDROOM + UTILITY

From $963k

926-947 SQF (168 UNITS)

3 BEDROOM PREMIUM

From $999k

947-1001 SQF (182 UNITS)

4 BEDROOM PREMIUM

From $1.22m

1152-1184 SQF (57 UNITS – LAST 1)

5 BEDROOM PREMIUM

SOLD OUT

1453 SQF (11 UNITS)

Check on unit availability on Balance Units page or review the floor plan of unit type.

Buyer's Stamp Duty

Buyer’s Stamp Duty (BSD)

Purchase Price or Market Value of the Property BSD Rates for Residential Properties BSD Rates for Non-Residential Properties
First $180,000 1% 1%
Next $180,000 2% 2%
Next $640,000 3% 3%
Remaining Amount 4%
Housing Loan Information

Residential Home Loan Regulations (MAS)

First Loan Second Loan Third Loan
Loan Tenure Up to 30 years 31-35 years Up to 30 years 31-35 years Up to 30 years 31-35 years
Age Age used to calculate loan tenure, will be based on income-weighted
Up to 65 Up to 70-75 Up to 70-75 Up to 65 Up to 70-75 Up to 70-75 Up to 65 Up to 70-75 Up to 70-75
Maximum LTV Limit 75% 55% 55% 45% 25% 25% 35% 15% 15%
20% (non-individuals)
Minimum Cash Downpayment 5% 10% 10% 25% 25% 25% 25% 25% 25%
Gaurantors / Co-borrowers All Co-borrowers must be mortgagors.
Guarantors must be co-borrowers if the latter did not pass the TDSR criteria
Mortgage Servicing Ratio N/A
Total Debt Servicing Ratio 60%
Stress Test Interest Rate 3.5%
Normal Payment Scheme

Also known as Progressive Payment Scheme, allows you to service your loan via monthly instalments progressively stage by stage as the property is being built.

Stage Payment Under a Standard Payment Scheme (% of Purchase Price)
Upon the grant of Option to Purchase 5% (Booking Fee)
Upon signing of the Sale & Purchase Agreement or within 8 weeks from the Option date 20% less Booking Fee
Completion of foundation work 10%
Completion of reinforced concrete framework of unit 10%
Completion of partition walls of unit 5%
Completion of roofing/ceiling of unit 5%
Completion of door sub-frames/ door frames, window frames, electrical wiring, internal plastering and plumbing of unit 5%
Completion of car park, roads and drains serving the housing project 5%
Notice of Vacant Possession (TOP) 25%
On Completion date 15%

Parc Canberra EC Location

The new Executive Condominium (EC) is located at Canberra Link, only 300m away from the upcoming Canberra MRT, which will be opened by Dec 2019. Canberra MRT station is part of north-South line, located between Sembawang and Yishun MRT stations.

Canberra MRT Station
Canberra MRT Station

Nearby Canberra Plaza will become the future new generation neighborhood centre which is positioned as a one-stop destination for all generations.  Residents of Parc Canberra EC will enjoy a complete live-work-play-learn environment. Canberra Plaza is expected to be completed in 2019.

Canberra Plaza
Canberra Plaza

Served by the 12 hectare Bukit Canberra (a.k.a Sembawang Sport and Community Hub, open in 2020), Parc Canberra EC is so close to amenities such as hawker centre, indoor and outdoor sport facilities, policlinic, and green spaces for community farming and lifestyle related facilities.

When the new expressway as part of North-South Corridor is ready in 2026, Parc Canberra EC will be directly benefited – commuters then have the choice of faster access to the city area.

north-south-corridor-Concept
North-South Corridor Concept

Amenities @Parc Canberra EC

What's nearby?
CatergoryAmenitesApprox Distance
MRT StationCanberra LRT (SW1)0.30km
Sembawang MRT (NS11)0.85km
Bus StopsBEF YISHUN AVE 2 (58049) Services: 1690.20km
SEMBAWANG INT (58009) Services: 167, 859, 882, 980, 9810.88km
SchoolsSembawang Primary School0.74km
Wellington Primary School0.76km
Sembawang Secondary School1.18km
Ahmad Ibrahim Primary School1.62km
Shopping MallsCanberra Plaza0.60km
Sembawang Shopping Centre0.65km
Sun Plaza0.88km
Parks/SportsBukit Canberra0.50km
Sembawang Park1.85km

Sembawang can look forward to an injection of new life and excitement, with new housing developments and the opening of Bukit Canberra. These developments will also be complemented with new employment opportunities.

Want to know how Sembawang Area is planned with the comprehensive range of facilities to meet the needs of current and future residents? Check out the Sembawang URA Master Plan.

Parc Canberra EC Site Plan

Parc Canberra EC Site Plan

Parc Canberra EC Floor Plan

The Parc Canberra EC is designed to accommodate all your needs, a love nest for younger families or even multi-generational living. Stay tuned for the floor plans of the units available in Parc Canberra EC.

hausonhandycondo-download-pdf

Click the button above to view & download the Full Parc Canberra EC Floor Plan.

How to read Floor Plan

Is floor plan easy to understand? Whereas it is exciting to read floor plans, compare them and hopefully make the decision, sometimes it can be confusing due to the many unfamiliar symbols and different types of lines. Armed with some basic knowledge, you will be able to gain more information from floor plans.

Doors

When reading floor plan, it is easier to first visualise yourself at the main door. That helps you better understand how living room, kitchen, bedrooms are connected.
Doors are quarter-circles on the floor plan. The arc of the door symbol indicates if the door swings inwards or outwards.

Windows

Windows are marked with thin hollow lines. There are two types of windows in Singapore – the sliding window and the casement window. The difference is that casement windows usually come in pairs.

Walls

You can quickly notice these bold lines and normal lines by looking at its thickness from the floor plan.

  • Bold lines are structual walls which cannot be hacked.
  • Normal lines are non-structual walls which usually can be safely removed. Non-structural walls seperate one room from another.

 

* For development using prefabricated structure, walls are indicated as normal lines but they cannot be hacked. You need to check the brochure if it is prefabricated units before planning any renovation work.

Facing

It is important to know the facing of doors and windows. The facing of North is usually indicated at the corner of the floor plan and is easier to tell directions from the site plan.

Symbols of door and windows on the floor plan and Their Meanings

canberra-link-ec-floor-plan-symbols

Parc Canberra EC Showflat

Direct-Developer-Sale

Location, Opening Hours

The Parc Canberra EC showflat is targeted to open in Q1 2020.

Kindly register your interest to receive latest update on showflat opening date and project details.

things-to-check

Things to Take Note Before Visiting Parc Canberra EC Showflat

  • It is advisable to check Eligibility Conditions for Parc Canberra EC purchase.
  • How are you affected by the MSR(Mortgage Servicing Ratio)? You will need to know the bracket you are in. Find out more using the MSR calculator.
  • On the actual launch date, you will need to understand how the Balloting System works.

 

Alternatively, you may simply book an appointment by filling up the form below and let us contact you. Our experienced sales team is able to assist you throughout the process.

Register Interest

Register Interest to view Parc Canberra EC & Get VVIP Discount, or Submit E-Application directly.

Register Interest

Basic EC Eligibility Checklist

SC + SC/SPR
 Family Nucleus
 Household Income below $16,000
 Bought only one subsidised HDB flat or never
 5-year MOP met at Application
 Non-Ownership of Private Property (Local/Overseas)

Step 1 of 2

50%
  • Select your most preferred bedroom size. You can always change your preference later.
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