UOL: launch The Watergardens in Canberra

For immediate release

PRESS RELEASE

UOL TO LAUNCH CANBERRA WATER GARDENS

• The preview begins July 17 for private development inspired by nature in the water garden sanctuary
• Prices from under $ 1,400 psf; and well connected with less than 5 minutes walk to Canberra MRT, which is 10 stops from Orchard MRT station
• Another lush and high quality residential project by award-winning developer

Singapore, July 15, 2021 – UOL Group Limited will open its latest residential development in preview on July 17 and ballot on July 31. The Canberra Water Gardens along Canberra Drive is a private, nature-inspired development strategically located near the Canberra MRT station and the future North Coast Innovation Corridor.

The 448-unit “water garden sanctuary”, so described for the many water features, including seven swimming pools that surround the lush landscape, comprises 16 five-story buildings. It is located near a low-rise private subdivision and next to a park connector. The development is also the winner of the Architecture Multiple Residence Singapore award at the Asia Pacific Property Awards 2021 for its architectural excellence.

A joint venture between UOL, Singapore Land Group and Kheng Leong Company, The Watergardens in Canberra offers a mix of two to four bedroom apartments ranging from 646 square feet to 1,528 square feet. Prices will start at under $ 1,400 psf. A two-bedroom unit starts at under $ 920,000; a three-bedroom unit starts at under $ 1.3 million; and a four-bedroom unit starts at under $ 1.8 million.

Jesline Goh, Director of Investments and Assets at UOL, said: “We believe The Watergardens in Canberra will be the most affordable new launch in 2021 on the doorstep of an MRT station. Surrounded by greenery and a abundant nature, the project is less

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Just a five minute walk from the Canberra MRT station, which is 10 stops from the Orchard MRT station.

“We expect strong demand as The Watergardens in Canberra is the first private development to launch in Sembawang after the Canberra MRT station opened in November 2019, and the first private development to hit the market in the northern part of Singapore for over six years. ”

Ms Goh said The Watergardens in Canberra is in a region with high growth potential, close to the future North Coast Innovation Corridor, the project is likely to attract both homebuyers and investors. .

“This latest project follows our successful launch of Clavon on Clementi Avenue 1 last December, which sold 70% of the 640 total units on day one. It was also the best-selling project for 2020 in terms of units sold on the first weekend of a launch. We have designed another high quality project with The Watergardens in Canberra which is suitable for the area.

Residents of The Watergardens in Canberra will enjoy more than 60 facilities spread across lush green grounds including several swimming pools, picturesque gardens, and areas where residents can grow fresh vegetables or herbs. There is also an early childhood development center.

The development is located close to the future North Coast Innovation Corridor, which stretches from Woodlands to Punggol and is expected to transform the region into a major economic zone. Comprised of a mix of offices, retail, business parks and industrial spaces, the vast infrastructure project will bring many job opportunities to residents living in the North. Natural attractions such as Sembawang Hot Spring Park, Sungei Khatib Bongsu, and Lower and Upper Seletar Reservoirs are also nearby.

Canberra Water Gardens are also close to Canberra Plaza, Sembawang Mall, Chong Pang Wet Market & Food Hub, Northpoint City and the future integrated Bukit Canberra hub. In addition, the project is well connected to other

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parts of the island via the Seletar Expressway and the future north-south corridor, which will cut travel times to the central business district to around 20 to 25 minutes when ready by 2026.

Canberra Water Gardens are expected to be completed in the second quarter of

2026.

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About UOL Group Limited

UOL Group Limited (UOL) is one of Singapore’s leading listed real estate companies with total assets of approximately $ 20 billion. The Company has a diversified portfolio of development and investment properties, hotels and serviced suites in Asia, Oceania, Europe and North America. With over 50 years of experience, UOL strongly believes in product excellence and quality service in all of its business ventures. UOL, through its hotel subsidiary Pan Pacific Hotels Group Limited, owns three renowned brands, namely “Pan Pacific”, PARKROYAL COLLECTION and PARKROYAL. The Singapore-listed real estate subsidiary of the Singapore-listed Company, Singapore Land Group Limited, has an extensive portfolio of prime commercial assets and hotels in Singapore.

For media and analyst questions, please contact:

Sarah ng

Manager, Corporate Communications and Investor Relations

DONE: (65) 6350 5175

E-mail: ng.sarah@uol.com.sg

Catherine Ong

Catherine Ong Partners

Mobile: (65) 9697 0007

E-mail: cath@catherineong.com

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CANBERRA WATER GARDENS FACT SHEET

DEVELOPMENT DETAILS

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UOL Group Limited published this content on July 15, 2021 and is solely responsible for the information it contains. Distributed by Public, unedited and unmodified, on July 15, 2021 09:08:04 AM UTC.