- 21-03-2023: Provence Residence fully sold.
- 13-05-2021: Provence Sold 217 Units on Preview Day
- 18-11-2019:EC Income Ceiling raised to $16,000.
- 18-11-2019: Provence Residence (Canberra Link EC) launch date is estimated to be in Q1 2021. Bookmark this page to get the update.
- 07-11-2019: Check your loan eligibility by calculating at Max Loan Eligibility Calculator Based on Mortgage Serving Ratio
- 01-11-2019: Location map, nearby amenities, and site view are updated.
- 01-11-2019: Welcome to Provence Residence (Canberra Link EC) website.
|Project Details||Provence Residence Executive Condominium|
|Location||23 - 39 Canberra Crescent|
|Developer||MCC Land (Canberra) Pte. Ltd|
|Site Area||179,651 sqft / 16,690 sqm|
|No. of Blocks & Storeys||5 blocks of 13 storeys, 4 blocks of 11 storeys|
|Site Use||Residential Flat Developement|
|No. of Units||413 units|
|No. of Car Park Lots||418 lots including 5 handicap lots and 70 bicycle lots|
|Expected Date of TOP||Est. 2026|
Provence Residence (Canberra Link EC) Price
MCC Land successfully secured the executive condominium (EC) site along Canberra Link. The new EC sits an area of 179,650 square foot (16,690 square meter) land parcel and has a plot ratio of 2.3. With the top bid of S$233.89 million, it works out to S$566 per square foot per plot ratio (psf ppr). According to the Housing and Development Board (HDB), it can yield a maximum of 385 units.
Based on the estimation, the Provence Residence (Canberra Link EC) will have a break-even price of S$950 psf ppr and an average selling price of S$1,100 psf.
Provence Residence (Canberra Link EC) Price is FULLY SOLD BY NOW. Register your interest to be notified on the DROP OUT UNITS!
883 – 1,066 sqft / 82 – 99 sqm
3 BEDROOM PREMIUM
1,206 – 1,249 sqft / 112 – 116 sqm
1,399 sqft / 130 sqm
Buyer’s Stamp Duty (BSD)
|Purchase Price or Market Value of the Property||BSD Rates for Residential Properties||BSD Rates for Non-Residential Properties|
Residential Home Loan Regulations (MAS)
|First Loan||Second Loan||Third Loan|
|Loan Tenure||Up to 30 years||31-35 years||Up to 30 years||31-35 years||Up to 30 years||31-35 years|
|Age||Age used to calculate loan tenure, will be based on income-weighted|
|Up to 65||Up to 70-75||Up to 70-75||Up to 65||Up to 70-75||Up to 70-75||Up to 65||Up to 70-75||Up to 70-75|
|Maximum LTV Limit||75%||55%||55%||45%||25%||25%||35%||15%||15%|
|Minimum Cash Downpayment||5%||10%||10%||25%||25%||25%||25%||25%||25%|
|Gaurantors / Co-borrowers||All Co-borrowers must be mortgagors.
Guarantors must be co-borrowers if the latter did not pass the TDSR criteria
|Mortgage Servicing Ratio||N/A|
|Total Debt Servicing Ratio||60%|
|Stress Test Interest Rate||3.5%|
Also known as Progressive Payment Scheme, allows you to service your loan via monthly instalments progressively stage by stage as the property is being built.
|Stage||Payment Under a Standard Payment Scheme (% of Purchase Price)|
|Upon the grant of Option to Purchase||5% (Booking Fee)|
|Upon signing of the Sale & Purchase Agreement or within 8 weeks from the Option date||20% less Booking Fee|
|Completion of foundation work||10%|
|Completion of reinforced concrete framework of unit||10%|
|Completion of partition walls of unit||5%|
|Completion of roofing/ceiling of unit||5%|
|Completion of door sub-frames/ door frames, window frames, electrical wiring, internal plastering and plumbing of unit||5%|
|Completion of car park, roads and drains serving the housing project||5%|
|Notice of Vacant Possession (TOP)||25%|
|On Completion date||15%|
Provence Residence (Canberra Link EC) Location
The new Executive Condominium (EC) is located at Canberra Link, only 300m away from the upcoming Canberra MRT, which was opened in Nov 2019. Canberra MRT station is part of north-South line, located between Sembawang and Yishun MRT stations.
Nearby Canberra Plaza will become the future new generation neighborhood centre which is positioned as a one-stop destination for all generations. Residents of Provence Residence (Canberra Link EC) will enjoy a complete live-work-play-learn environment. Canberra Plaza is expected to be completed in 2019.
Served by the 12 hectare Bukit Canberra (a.k.a Sembawang Sport and Community Hub, open in 2020), Provence Residence (Canberra Link EC) is so close to amenities such as hawker centre, indoor and outdoor sport facilities, policlinic, and green spaces for community farming and lifestyle related facilities.
When the new expressway as part of North-South Corridor is ready in 2026, Provence Residence (Canberra Link EC) will be directly benefited – commuters then have the choice of faster access to the city area.
Amenities @Provence Residence (Canberra Link EC)
|MRT Station||Canberra LRT (SW1)||0.30km|
|Sembawang MRT (NS11)||0.85km|
|Bus Stops||BEF YISHUN AVE 2 (58049) Services: 169||0.20km|
|SEMBAWANG INT (58009) Services: 167, 859, 882, 980, 981||0.88km|
|Schools||Sembawang Primary School||0.74km|
|Wellington Primary School||0.76km|
|Sembawang Secondary School||1.18km|
|Ahmad Ibrahim Primary School||1.62km|
|Shopping Malls||Canberra Plaza||0.60km|
|Sembawang Shopping Centre||0.65km|
Sembawang can look forward to an injection of new life and excitement, with new housing developments and the opening of Bukit Canberra. These developments will also be complemented with new employment opportunities.
Want to know how Sembawang Area is planned with the comprehensive range of facilities to meet the needs of current and future residents? Check out the Sembawang URA Master Plan.
Provence Residence (Canberra Link EC) Site Plan
Adapted from French courtyard design aligned with modernism, a place of serenity and romance. It encapsulates its residence with a modern contemporary landscape, with symmetrical walkways accompanied with short to tall hedges, beautiful flowers and scents providing a highly acclaimed and sought after lifestyle experience of fantasy and luxury that is rich in stimulating comfort lends an air of warmth and opulence.
There are spaces that are intimate and engaging making romance the underlying tone of the design. The landscape spaces, formed by interlocking courtyards create outdoor pockets that are romantic, intimate and private.
Provence Residence (Canberra Link EC) Floor Plan
The Provence Residence (Canberra Link EC) is designed to accommodate all your needs, a love nest for younger families or even multi-generational living. Stay tuned for the floor plans of the units available in Provence Residence (Canberra Link EC).
Click the button above to view & download the Full Provence Residence (Canberra Link EC) Floor Plan.
Is floor plan easy to understand? Whereas it is exciting to read floor plans, compare them and hopefully make the decision, sometimes it can be confusing due to the many unfamiliar symbols and different types of lines. Armed with some basic knowledge, you will be able to gain more information from floor plans.
When reading floor plan, it is easier to first visualise yourself at the main door. That helps you better understand how living room, kitchen, bedrooms are connected.
Doors are quarter-circles on the floor plan. The arc of the door symbol indicates if the door swings inwards or outwards.
Windows are marked with thin hollow lines. There are two types of windows in Singapore – the sliding window and the casement window. The difference is that casement windows usually come in pairs.
You can quickly notice these bold lines and normal lines by looking at its thickness from the floor plan.
- Bold lines are structual walls which cannot be hacked.
- Normal lines are non-structual walls which usually can be safely removed. Non-structural walls seperate one room from another.
* For development using prefabricated structure, walls are indicated as normal lines but they cannot be hacked. You need to check the brochure if it is prefabricated units before planning any renovation work.
It is important to know the facing of doors and windows. The facing of North is usually indicated at the corner of the floor plan and is easier to tell directions from the site plan.
Symbols of door and windows on the floor plan and Their Meanings
Provence Residence (Canberra Link EC) Showflat
Location, Opening Hours
The Provence Residence (Canberra Link EC) showflat is targeted to open in Q1 2021.
Kindly register your interest to receive latest update on showflat opening date and project details.
Things to Take Note Before Visiting Provence Residence (Canberra Link EC) Showflat
- It is advisable to check Eligibility Conditions for Provence Residence (Canberra Link EC) purchase.
- How are you affected by the MSR(Mortgage Servicing Ratio)? You will need to know the bracket you are in. Find out more using the MSR calculator.
- On the actual launch date, you will need to understand how the Balloting System works.
Alternatively, you may simply book an appointment by filling up the form below and let us contact you. Our experienced sales team is able to assist you throughout the process.