{"id":18419,"date":"2018-07-25T09:13:32","date_gmt":"2018-07-25T01:13:32","guid":{"rendered":"https:\/\/www.99.co\/blog\/singapore\/?p=18419"},"modified":"2022-07-01T04:57:30","modified_gmt":"2022-06-30T20:57:30","slug":"canberra-property-location-watch","status":"publish","type":"post","link":"https:\/\/www.99.co\/singapore\/insider\/canberra-property-location-watch\/","title":{"rendered":"5 reasons why Canberra is the property location to watch"},"content":{"rendered":"
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Located between Sembawang and Yishun HDB towns, Canberra had barely been populated (with a cluster of landed homes) until the Singapore government decided to open up land for housing in the last decade. In 2012, Canberra Residences<\/a> became the first of many condos \u2014 both private and ECs \u2014 to be launched there. Hot on its heels, HDB released 2,453 build-to-order (BTO) flats across four projects in 2013.<\/p>\n

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Eastlink II @ Canberra HDB BTO project. Credits: Google<\/figcaption><\/figure>\n

All new estates have their teething problems, and Canberra is no exception. As the condos and flats were completed and new residents moved in, many found their new estate lacking in amenities (there’s even a long-running online forum thread about how Canberra is a ghost town<\/a>). Thankfully, the government has no intention of letting Canberra stay this way. Let’s look at the upcoming amenities Canberra residents will be able to enjoy in the near future; these are not just piecemeal initiatives, but concrete, big budget plans that could cause a real uplift in property value:<\/strong><\/p>\n

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    Canberra MRT station <\/b><\/h3>\n<\/li>\n<\/ol>\n
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    Artist impression of Canberra MRT station. Credits: Land Transport Authority (LTA)<\/figcaption><\/figure>\n

    In what must’ve been the worst kept secret in the North at the time, the government in 2014 announced the addition of a MRT station along the North South MRT Line that would serve Canberra residents. Currently in the later stages of construction, Canberra MRT Station is on schedule to open in December 2019<\/strong>. Eventually, about 17,000 households will be walking distance of the MRT station, enabling commuting to and from the CBD by train in just over 30 minutes, as well as easy access to the sprawling Northpoint City mall just one stop away at Yishun!<\/span><\/p>\n

    [Check out properties on sale at Canberra here<\/a>.]<\/p>\n

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      Bukit Canberra<\/b><\/h3>\n<\/li>\n<\/ol>\n
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      An artist impression of Bukit Canberra. Credits: Sport Singapore<\/figcaption><\/figure>\n

      Combining sports facilities with nature is something our government hasn’t done \u2014 until it unveiled its plans for a $1.5 billion sports and community hub in Canberra in July 2018. Called Bukit Canberra, the hub will cover a massive area of about 20 football fields (12 hectares).<\/strong> Here’s a rundown on what residents can enjoy at the hub when it progressively opens in 2020:<\/p>\n