The Canberra Link site was launched for sale under the confirmed list of the H1 2018 GLS programme, while the site in Anchorvale Crescent was released for application under the reserve list. Sites on the reserve list will be put up for tender only when a developer has indicated a minimum price that is accepted by the Government.

The scarcity of land parcels released to build executive condominiums (ECs) could see developers turning their attention to the plots in Canberra Link and Anchorvale Crescent under the Government Land Sales (GLS) programme.

They join a private residential site in Jalan Jurong Kechil, for sale on the confirmed list, and another site in Clementi Avenue 1, under the reserve list. Together, these four sites can yield about 1,920 residential units.

Demand and supply dynamics of the EC market (depleting unsold stock and limited sites for EC development), coupled with proximity to the future Canberra MRT station, which is slated to open by December 2019, are factors that strengthen the attractiveness of the Canberra Link EC, Parc Canberra.

So far this year, only one EC project, Rivercove Residences in Sengkang by Hoi Hup Realty and Sunway Developments, has been launched and it is a near sell-out. Another EC site on the confirmed list, in Tampines Avenue 10, is slated to be launched for tender in October.

Things you might want to know more about Parc Canberra Executive Condominium @ Canberra link District 27

• Parc Canberra @ Canberra link Brochure
• Parc Canberra @ Canberra link Showflat
• Parc Canberra @ Canberra link Location
• Parc Canberra @ Canberra link Price PSF
• Parc Canberra @ Canberra link Floor Plan
• Parc Canberra @ Canberra link Developer Sale
• Parc Canberra @ Canberra link VIP Preview

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