Canberra Crescent Residences Pricing Breakdown: A Price Comparison With Nearby Condos
Canberra Crescent Residences presents some challenges when it comes to a pricing review. At Stacked, our goal is always to provide a clear sense of fair value, but this project brings a few unique considerations to the table.
For one, it is surrounded by several Executive Condominiums (ECs) that were launched at subsidised prices. As points of comparison, these are often misleading due to the inherent discount ECs receive at launch. In this pricing review, we will unpack these nuances and provide a clearer picture of where Canberra Crescent Residences stands in the broader market context.
Table of contents
- Canberra Crescent Residences indicative launch prices
- Overall performance in the district
- D27 performance across different regions, the CCR, RCR, and OCR
- How Canberra Crescent Residences compare to resale condos around
- D27 resale condos analysis by bedroom types
- D27 resale condo size analysis
- Comparing The Commodore and The Watergardens at Canberra
- Floor plans comparison with Canberra Crescent Residences
- How Canberra Crescent Residences compare against other new launches
- Why Canberra Crescent Residences could look attractive in today’s new launch context
- Canberra Crescent Residences exit strategy
- Potential future developments that could affect returns at Canberra Crescent Residences
- Concluding points about Canberra Crescent Residences prices
Canberra Crescent Residences indicative launch prices
| Unit type | Estimated size (sqft) | Indicative starting price | Estimated starting $PSF |
| 1-Bedroom | |||
| 1 Bedroom | 409 | $880,000 | $2,152 |
| 2-Bedrooms | |||
| 2 Bedroom Compact | 570 | $1,110,000 | $1,950 |
| 2 Bedroom Premium | 667 | ||
| 3-Bedrooms | |||
| 3 Bedroom Compact | 797 – 883 | $1,530,000 | $1,920 |
| 3 Bedroom Premium | 990 | ||
| 4-Bedrooms | |||
| 4 Bedroom Compact | 1163 – 1173 | $2,200,000 | $1,880 |
| 4 Bedroom Standard | 1216 | ||
| 4 Bedroom Premium | 1324 |
Note that Canberra Crescent Residences is a post-GFA-harmonisation project, so the square footage excludes elements like air-con ledges. A notable detail is that three-bedder compact units can go for under $1.6 million, which is a good price point for HDB upgraders (But for reference, a 4-room flat is around 960 sq ft, so the three-bedder compact is smaller).
