One Canberra EC

May 6, 2013

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One Canberra EC , this New Executive Condo is located at Yishun Ave 7 . near future Canberra MRT (N-S Line).

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One Canberra EC was launched on Mid of  2012 . Till May 2013 , 80% of units were sold .

Call 98311650 or Feedback Showflat Viewing ! Viewing Showflat

Or Feedback to us for One Canberra Prices and One Canberra Brochure / Floor Plan .

Updated Info:

  • 6/ 5 – Up Till 6th of May , 80% were sold . 532 units out of total 665 units .

Note:  One Canberra not affected by the new cooling measures, where

  • ABSD is not applicable

  • Dual Key units not affected by the multi-generation requirements 

  • Up to 80% loan still applicable under Deferred Payment Scheme

 

ONE CANBERRA EC DESCRIPTIONS

Development Name

One Canberra

Developer

MCC Land (Singapore) Pte Ltd

Location

Yishun Ave 7 / Canberra Drive

District

27

Property Type

13 blocks of 12/ 13 storey Executive Condominium development with facilities and basement car park

Unit Mix

•3 Bedroom (Compact)
•3 Bedroom (Standard)
•3 Bedroom (Dual Key)
•4 Bedroom (Standard)

 

unit type still available are :

  • 2room Dual Key

  • 3room

  • Penthouse

Tenure

99 years leasehold

No. Of Units

665

Estimated T.O.P.

2016

New Exec Condo EC @ Canberra Drive!

One Canberra – New executive condo by MCC Land launching in Canberra Drive (Yishun Ave 7)

This EC development in Yishun Town is located right next to Sungei Simpang. Amenities like Sembawang Shopping Centre, Northpoint and Yishun MRT Station are also within close proximity. Upcoming Simpang (Canberra) MRT is also in the pipeline. Located nearby are major expressways such as Seletar Expressway (SLE), Kranji Expressway (KJE), Bukit Timah Expressway (BKE) providing easy access to other parts of Singapore.

 

ONE CANBERRA EC LOCATION

It is located at Yishun Ave 7 and mins to Yishun MRT .

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ONE CANBERRA EC GALLERY

One Canberra Building Models and showflat photo .

 

 

CALL 98311650   or feedback for a non obligation discussion on the property you like .

We will send you the latest informations on VVIP Preview, launch date, floor plans and brochure .

CALL 98311650 or Email to us .

Verification

EC Frequent ask question (FAQ)

Q1: How do I know if I am eligible for EC?

Answer:

You must be a Singapore Citizen, at least 21 years old. Either 1st-timer or 2nd-timer applicant and form a proper family nucleus for your purchase (comprise of another Singapore Citizen or Singapore Permanent Resident).

Q2: How do I benefit from being a 1st-timer applicant?

Answer:

You are eligible for grant up to $30,000.

Q3: I currently own a HDB flat. Can I still apply for  EC?

Answer:

Yes, you may, provided you have attained MOP (Minimal Occupation Period) of your current flat at the point of application of the Punggol EC. You are also required to sell your flat within 6 months of TOP.

Q4: What is the booking sequence of EC ?

Answer:

Booking sequence of EC is by way of balloting. The HDB balloting system has been adopted. Interested buyers are required to do an eligibility-check during the E-Application period in order to generate a balloting number.

Q5: I am keen on EC. How do I apply?

Answer:

Simply fill up the Online E-application and get your photocopied NRIC ready and our Developer Sales Team will contact you as soon as we have received your application.

Q6: I would like to have the floor plan. Can you send it to me?

Answer:

Yes. Kindly fill up the feedback form with your enquiries, contact number and
email address. Our Developer Sales Team will send the floor plan to you within the shortest time if we have latest informations .

Q7: How long must I wait before I can sell my EC?

Answer:

You can sell after meeting the MOP (Minimal Occupation Period) of 5 years, to Singapore Citizen or Singapore Permanent Resident (SPR). After 10 years (privatised), you can sell to foreigners.

Q8: Will there be any ABSD and/ or RESALE LEVY incurred?

Answer:

No. There will not be any ABSD or Resale Levy incurred for buyers. They have to meet the terms and conditions of buying an EC. HDB upgraders need not pay any resale levy as well.

Q9: A Singaporean married couple wants to apply for the EC. Husband is a first-timer while wife has
previously bought a HDB flat and is considered a second-timer.

Will they be eligible for the housing grant?

Answer:

CPF housing grant is only applicable for 1st timers. In this case, they are eligible for half-grant . However, they are considered a second-timer.

Q10: Peter and his parents bought a private condominium. He is planning to get married and buy an EC with his wife Jane. Is he eligible to buy?

Answer:

He is eligible to buy only 30 months after his name has been withdrawn from the private property.

Q11: A newly married couple bought a new EC. Can they add the names of their children as
occupiers eventually?

Answer:

Yes. They can do so after they have met the MOP (minimal occupation period).

Q12: Why should I buy new EC ?

Answer:

Latest new ECs is launched by renowned developer in Singapore with excellent
track records. Hence you can expect good designs with quality finished comparable to private condominiums. New EC also comes with basement carpark as well as full condo facilities.

Executives Condominiums can be sold after the MOP (Minimal Occupation Period of 5 years), and privatised after 10 years. The selling price then will usually match that of a private condominium.

Comparative Market Analysis (CMA) of the private new launches has shown that average pricing is approximate $950-$1100psf. For new EC, indicative prices are normally from $750psf. You can potentially shave off $200K-$300K per unit price which is the range of 20-30% lesser, compared to a private condominium.

Of course, new EC is subjected to resale constraints.