Canberra Residences

Canberra Residences has been sold out for a few years, but we still get enquiries from interested parties who like the concept of low-rise housing with condominium facilities. If you fall in the same category, why not go a step further, and considered cluster landed housing instead? We have a couple of these being released soon, the Belgravia Green launch, and the Parkwood Collection launch.

We will present the Belgravia Green launch here first, and follow up with a separate article on Parkwood Collection.

About the Belgravia Green Launch

::

::
Belgravia Green sits at the fringe of the Seletar Hills estate, but is accessed from Belgravia Drive off Ang Mo Kio Avenue 5, a short drive from its exit off the CTE (Central Expressway). It is a mid-size 81-unit cluster housing developments, and is on freehold land, which is something of a rarity. That’s because most cluster housing developments, especially freehold ones, are typically from en-bloc sales of landed property, and so tend to be much smaller land parcels. Typically they would range around 10 units to perhaps 25.

Getting a unit on this much larger parcel of land offers several advantages. One of which is of course, you get a lot more land for communal facilities, so you can have a decent-sized pool and gym, clubhouse and outdoor dining pavilions, gardens and so on. The kids also have a lot more space to roam around safely in, without getting in the way of vehicles.

The other advantage is that there are more units to share the maintenance costs, and the pay for the guards and so on, so generally maintenance fees per unit are lower than for smaller cluster home projects. Because the beauty of cluster housing developments is that, while you get to enjoy the spaciousness and privacy of normal landed houses, you also have less maintenance hassles to worry about.

Most landed homeowners say that one of the biggest drawbacks of living in a typical landed home is having to maintain the garden and the building envelope. It gets rather tiring after a while. In the case of cluster housing like at Belgravia Green, all that is done for you. You still have to maintain the interior yourself of course, but that’s more than half the work taken care of.

The Belgravia Green floor plan layouts are really well designed too. Unlike the previous Belgravia Villas, the bedrooms here are bigger, especially the master bedroom that is almost twice the size here.

The Belgravia Green showflat could be opening for viewing appointments in late September or early October 2018. Do sign up if you would like to be kept updated on that, or to have the floor plans emailed to you.

As mentioned in the above article, the other low-rise housing development that will be launching around the September / October 2018 timeframe, is the Parkwood Collection launch. Like Belgravia Green, this is a landed cluster development as well. So it shares several similarities, but differs in other aspects.

Similarities

Like Belgravia Green, the Parkwood Collection launch is in the same general vicinity. Both are in roughly the same corner of Singapore, in the north-east region.

Parkwood Collection is also on a good sized parcel of land. In fact it numbers around 53 units, so it shares the same advantages of economies of scale in maintenance costs.

It also has a decent range of communal facilities and expanse of garden and landscaping. Because that is the main advantage of cluster housing over typical landed housing. That you enjoy landed living, and having a pool and gym and so on on your doorstep, without the hassle or costs of building and maintaining one for yourself.

The Parkwood Collection Launch . Location

Differences

One main difference is that Parkwood Collection is a lot more conveniently located. It is situated at Realty Park Estate, which is within 10 minutes walk of Hougang Town Centre and MRT station. The town centre comes complete with a couple of Fairprice Supermarkets, and Hougang Mall, that houses shops and banks, and cafes and fast food joints, as well as neighbourhood shops. Most landed housing tend to be located deep within residential estates, and so don’t have that kind of convenience.

The other main difference is that it is on 99-year leasehold land, while Belgravia Green is freehold. This is actually not such a drawback as it might appear at first glance. That is because, for strata residential properties such as condominiums and cluster houses, the land is jointly owned. Which means that it can, as it ages, be eventually sold collectively in an en-bloc sale to a developer, so long as at least 80{a123bb6555f693614fc959ad4247842e934cf1a00bd5bc53f6c102fed28d40bd} of the residents agree.

And in such as case as this where the plot is close to amenities and an MRT station, the chances of that happening are good. So there is less need for concern over what happens when the lease runs down. Which is different for typical landed housing on 99 year leases, as these can’t be sold collectively unless 100{a123bb6555f693614fc959ad4247842e934cf1a00bd5bc53f6c102fed28d40bd} of the owners agree. Such a threshold is much harder to achieve.

So it all really comes down to what is more important to you. If you prefer freehold property and a more secluded ambience in a completely private residential estate, then go for Belgravia Green. Otherwise if convenience to amenities is more important, then consider the Parkwood Collection launch.

The Parkwood Collection showflat will be taking viewing appointments anytime soon. So just send us an email, if you are keen to view, and we will keep you posted, and send you the floor plans once they are finalised.