Historical coverage. This summary was prepared after the original event. Rules, prices and conditions may have changed; consult the dated original source and current official guidance.

At a glance

  • HDB awarded the 99-year executive condominium parcel to a three-company group, with an estimated yield of 185 homes.[1]

What was announced

HDB awarded the Canberra Drive executive condominium site to SNC3 Realty Pte. Ltd., HS Invesco Pte. Ltd. and Kay Lim Realty Pte. Ltd. on 15 October 2026. The tender price was S$163.903 million.[1]

The site has an area of 11,535.4 sq m and a maximum gross floor area of 18,457 sq m. HDB estimated about 185 housing units, while noting that the actual number proposed by the developer could differ. The stated project completion period was 60 months from acceptance of tender.[1]

Context & interpretation

Why it matters

The land award does not open an EC sales application. Unit availability, buyer eligibility, prices and the sales timetable require a subsequent project announcement.

Sources & further reading

  1. Canberra Drive EC site awarded for S$163.903 million ↗Housing & Development Board · 15 Oct 2026 · Accessed 1 Nov 2026

This is an original AI-assisted summary, not a reproduction of the source article. Context is our interpretation. Editorial policy · Report an issue