Land tender stage 10-yr MOP · no DPS
Canberra Drive: The First EC Site Under the New Rules Just Set a Land Price Record
The first EC site tendered under the tighter rules drew 13 bids, the most in eight years. The top bid of about $825 psf ppr would be an EC land record if awarded. It comes with a 10-year MOP, no DPS and the higher $18,000 income ceiling.
Three things that matter
- $825 psf ppr top bid, 13 biddersThe rules were meant to cool EC land prices, but the first site under them drew a record bid. Developers still expect strong demand.
- 10-year MOP, no DPSThis is the new normal. Compare it with the last five old-rule ECs before you decide to wait.
- $18,000 income ceilingHouseholds earning up to $18k can apply here. That ceiling does not apply to the five old-rule ECs.
Key Facts
| Location | Sembawang (Canberra Drive) |
|---|---|
| District | D27 |
| Developer | Not yet confirmed |
| Estimated units | ~185 |
| Land price | $825 psf ppr |
| Land tender closed | 1 Oct 2026 |
| Launch timing | Not before 2027 - award pending |
| Rule set | New rules + $18k ceiling (tender closed from 24 Aug 2026) |
| Minimum occupation period | 10 years |
| Deferred Payment Scheme | Not allowed |
| Household income ceiling | $18,000 / month |
Can You Afford Canberra Drive EC?
Questions About Canberra Drive EC
Does Canberra Drive EC have the Deferred Payment Scheme?
No. Canberra Drive EC falls under the 2026 rules, which do not allow DPS.
What is the MOP for Canberra Drive EC?
10 years from key collection, under the new EC rules.
What is the income ceiling for Canberra Drive EC?
$18,000 average gross monthly household income.
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We will send one message when the preview or e-application dates are announced.
Last checked 21 Oct 2026. Details marked "reported" are not yet confirmed by the developer and may change.
Compare With
Land tender stage 10-yr MOP · no DPS
Admiralty Walk EC
Sembawang (Admiralty Walk)
- Units
- TBC
- Land
- TBC
- Timing
- Tender closes 17 Dec 2026
Land tender stage 10-yr MOP · no DPS
Jurong East Avenue 1 EC
Jurong East (Jurong East Avenue 1)
- Units
- ~735
- Land
- TBC
- Timing
- On the 2H 2026 GLS Confirmed List
The award is pending. We will update this page when it is confirmed.