Insights

One Canberra resale review: EC status and due diligence

A current guide to buyer eligibility, unit and MCST checks, matched transactions and total ownership cost.

Published 20 March 2023

Updated September 2026. The old “soon-to-be privatised” framing is no longer used; buyers must verify the project's exact status and their eligibility at the transaction date.

Review One Canberra as a mature resale development

Assess the selected unit's layout, floor, facing, privacy, noise, condition and access to transport and amenities. Dual-key or unusual layouts should be compared against units with similar usable space and configuration, not a broad project average.

Verify EC status and buyer eligibility

HDB's current resale EC guidance explains that eligibility changes with the period from TOP. Marketing shorthand such as “privatised” does not replace confirmation of the TOP date, title and purchaser profile by the conveyancing lawyer.

Inspect the MCST and physical estate

  • AGM minutes, accounts, sinking fund and maintenance contributions.
  • Major repair plans, insurance, by-laws and disputes.
  • Common-property condition, lifts, façades, roofs and services.
  • Unit alterations, defects and realistic renovation budget.
  • Peak-hour access, walking routes and future construction nearby.

Use current, matched evidence

URA's private residential property data includes transactions and rentals for private homes and ECs. Match evidence by project, size, floor, layout, condition and date, then model stamp duties, financing, maintenance, renovation and exit costs. Neither EC history nor full privatisation guarantees appreciation or rental performance.