SUPER CHEAP! CANBERRA RESIDENCE $150K RENO – GOOD LOCATION, MUST SELL!!!

In the increasingly competitive Singapore property market, finding a super cheap condominium in a prime location is no longer easy. However, Canberra Residence at 523 Canberra Drive emerges as a rare opportunity for buyers who are searching for a well-renovated, family-friendly condominium near MRT and amenities. Priced attractively at $2,180,000, this spacious unit delivers exceptional value in District 27 Sembawang / Yishun, making it a must-sell property that serious buyers should not miss.

This listing is not just another condominium on the market. It represents a fully renovated, move-in-ready home with a $150,000 renovation value, excellent layout efficiency, and proximity to Canberra MRT (NS12) and Sembawang MRT (NS11). With a generous size of 1,905 sqft and a competitive $1,144 psf, Canberra Residence stands out as one of the best-value condominiums in Northern Singapore today.

Why Canberra Residence Is Considered SUPER CHEAP in Today’s Market

In the current Singapore real estate landscape, properties offering large floor areas, full renovation, and MRT accessibility rarely come at this price point. Canberra Residence is priced significantly lower on a per-square-foot basis compared to many newer developments in nearby regions. At $1,144 psf, buyers are securing a spacious condominium unit at a price typically seen in older or less well-maintained developments.

The $150K renovation investment further enhances the value proposition. Buyers save time, money, and stress by acquiring a fully renovated condo that requires minimal additional work. This makes Canberra Residence a super cheap luxury option, especially for families who want immediate occupancy without the hassle of renovation delays.

Prime Location in District 27 Sembawang / Yishun

Location remains one of the most critical factors in property investment, and Canberra Residence excels in this area. Situated at 523 Canberra Drive, the development is strategically positioned within District 27, a region that has seen consistent growth due to infrastructure development and enhanced transport connectivity.

The property enjoys close proximity to Canberra MRT Station (NS12), which is part of the North-South Line, offering direct access to major business hubs such as Orchard, Raffles Place, and Marina Bay. Additionally, Sembawang MRT (NS11) is also easily accessible, providing residents with multiple commuting options and increased convenience.

Minutes Walk to MRT and Amenities

One of the strongest selling points of Canberra Residence is that it is located within minutes’ walking distance to MRT stations and daily amenities. This feature significantly enhances both lifestyle convenience and long-term property value.

Residents can enjoy seamless access to Canberra Plaza, supermarkets, food courts, clinics, and essential services. This makes Canberra Residence an ideal home for families, professionals, and multi-generational households who value accessibility and time efficiency in their daily routines.

Spacious 1,905 sqft Layout – Perfect for Families

Space is a luxury in Singapore, and Canberra Residence offers it generously. With a total area of 1,905 sqft, this condominium unit provides a rare large-format living space that is increasingly difficult to find in newer developments.

The efficient layout ensures that every square foot is usable, without wasted corridors or awkward angles. The open living and dining areas are designed to accommodate family gatherings, social events, and comfortable daily living, making this unit particularly appealing for families who enjoy hosting.

3 Bedrooms, 3 Bathrooms – Ideal Family Configuration

This Canberra Residence unit features 3 spacious bedrooms and 3 bathrooms, a configuration that perfectly supports family living and guest accommodation. Each bedroom is thoughtfully designed to ensure privacy, comfort, and ample natural light.

The master bedroom offers a luxurious retreat with an en-suite bathroom, while the additional bedrooms provide flexibility for children, guests, or home office setups. The presence of three bathrooms enhances daily convenience, especially for larger households or families with elderly members.

Full Renovation – $150K Value Already Done

One of the most attractive aspects of this property is the full renovation worth approximately $150,000, already completed and well-maintained. Buyers often underestimate the time, cost, and coordination required for renovation, making a fully renovated condo an invaluable advantage.

The renovation emphasizes modern aesthetics, functional design, and durability, ensuring that the home remains stylish and practical for years to come. This level of renovation significantly boosts the perceived and actual value of Canberra Residence, making it a smart purchase for both homeowners and investors.

Well Maintained and Ready to Move In

Canberra Residence is not only renovated but also well maintained, reflecting the owners’ care and attention to detail. The condition of the unit allows buyers to move in immediately, eliminating the typical waiting period associated with renovations or repairs.

This move-in-ready status is especially appealing for families relocating within Singapore or buyers who need a ready home without delay. It also makes the property suitable for immediate rental income if purchased as an investment.

Good for Hosting and Family Gatherings

The spacious living and dining areas in Canberra Residence are designed to support hosting and social gatherings. The layout flows seamlessly, creating an inviting environment for family events, festive celebrations, or casual entertaining.

Large windows enhance natural ventilation and lighting, contributing to a warm and welcoming atmosphere. For homeowners who value community, family bonding, and social interaction, Canberra Residence offers an ideal setting.

Within 1KM to Schools – Excellent for Families with Children

Education proximity is a top priority for families, and Canberra Residence delivers in this aspect. The development is located within 1KM of reputable schools, increasing its appeal to families with school-going children.

Living close to schools reduces daily commuting stress and enhances children’s safety and time management. This feature also contributes to strong resale demand, as properties near schools consistently attract buyer interest in Singapore’s property market.

Efficient Layout Maximizes Livable Space

The efficient layout of this Canberra Residence unit ensures optimal utilization of the 1,905 sqft area. Unlike many modern developments that sacrifice space for design trends, this unit prioritizes functionality, flow, and comfort.

The absence of wasted space translates into larger bedrooms, more storage, and better living areas, which is particularly valuable for families planning long-term occupancy.

99-Year Leasehold with Strong Long-Term Potential

Canberra Residence is a 99-year leasehold condominium with TOP in 2013, meaning it still retains a healthy remaining lease tenure. For buyers concerned about lease decay, this provides reassurance and supports long-term value preservation.

The continued development of the Canberra and Sembawang region, coupled with government investment in infrastructure, further strengthens the long-term appreciation potential of this property.

Competitive Pricing Compared to Nearby Condominiums

When compared to other condominiums in District 27 and surrounding areas, Canberra Residence offers exceptional price competitiveness. Many nearby developments with smaller unit sizes and fewer features command higher psf prices.

At $2,180,000 for 1,905 sqft, buyers are effectively securing a large, renovated, well-located condo at a price that is difficult to replicate in today’s market.

Strong Appeal for Both Own Stay and Investment

This Canberra Residence unit is suitable for both owner-occupiers and property investors. Families benefit from the space, location, and readiness of the home, while investors can leverage the property’s rental appeal and resale value.

The proximity to MRT stations, amenities, and schools ensures sustained demand from tenants, while the competitive pricing supports healthy rental yields relative to capital investment.

Northern Singapore Growth and Future Upside

Northern Singapore has undergone significant transformation in recent years, with Canberra emerging as a growth node. Infrastructure upgrades, new commercial developments, and enhanced public transport have increased the area’s attractiveness.

Owning a property like Canberra Residence positions buyers to benefit from future upside potential, as demand for well-located family condominiums continues to rise.

Why This Is a MUST SELL Opportunity

The seller has priced this unit competitively to reflect a must-sell situation, creating a rare opportunity for buyers to secure a premium property below market value. Properties with this combination of size, renovation, and location rarely remain available for long.

Serious buyers should act quickly to avoid missing out on this super cheap Canberra Residence listing, as market demand for such properties remains strong.

Key Property Details at a Glance

  • Property Name: Canberra Residence
  • Address: 523 Canberra Drive
  • Postal Code: 768135
  • District: D27 Sembawang / Yishun
  • Property Type: Condominium
  • TOP: 2013
  • Tenure: 99 Years
  • Size: 1,905 sqft
  • Price: $2,180,000
  • Price per sqft: $1,144 psf
  • Bedrooms: 3
  • Bathrooms: 3
  • Furnishing: Fully Furnished
  • MRT: Canberra (NS12), Sembawang (NS11)

Final Thoughts: A Rare Gem You Should Not Miss

In summary, this SUPER CHEAP Canberra Residence condominium represents one of the best value-for-money opportunities in Singapore’s current property market. With its $150K full renovation, excellent location near MRT and amenities, family-friendly layout, and competitive pricing, it stands out as a must-buy property.

Call Now for Immediate Information

Call 8938 4151 for immediate information and viewing arrangements.

Do not miss this chance to own a super cheap, fully renovated, well-located Canberra Residence condominium in District 27.

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