The government has launched a Executive Condominium (EC) Site on Canberra Drive for sale today. This is the first tender for an EC development plot after several changes in the EC scheme came into effect on May 8. Read about the changes in EC ownership in our article here: Singapore’s new EC rules in 2026: 10-year MOP, 15-year privatization timeline and what it means for buyers. The latest EC site for sale is bounded by Canberra Drive and Jalan Sendudok, and the 124,166 sq ft plot can be developed into a new 185-unit EC project. The site is close to the Canberra MRT station on the North-South line. Despite the revised EC measures, bidding activity for Canberra Drive EC plots may still attract reasonable interest from developers, as demand for ECs in general remains good, says Wong Siew Ying, head of research and content at Pronex. This stems from the fact that ECs are still relatively affordable compared to newly launched ECs…
