UOL To Preview Watergardens at Canberra on 17 July 2021
The UOL Group has announced that the Preview of this much awaited project, The Watergardens at Canberra, will commence on 17-July-2021.
This project will be developed by joint venture partners UOL Group, Singapore Land Group and Kheng Leong Company. The joint venture successfully bid thee won the tender in March 2019 with a top bid of $270.2 million. this worked out to be $650 psf per plot ratio.
In summary, the development will have a total of 16 blocks of 5-storey apartment housing 448 units. The unit mix is from 2-bedroom to 4-bedrooms. It is noted that this is the first private residential development in this upcoming Canberra locale and with the larger-sized apartments to be on offer, it expects high demand to be coming from the upgraders in the neighbouring HDB estates as well as young couples, amongst others.
According to early information released by the developer, price likely to start from $1382 psf. In short, 2-bedroom units will start from $920,000, 3-bedroom starting near to $1.3 million whilst 4-bedroom from $1.8 million.
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