Water Place

A 99-year leasehold condominium in District 15 (Rest of Central Region), completed in 2004.

12 months to Sep 2026

  • Median psf $1,915
  • Sales 11
  • Atlas score 50 out of 100

The project

Project facts

Developer
Far East Organization
Total units
437
Storeys
20
TOP
2004
Tenure
99-year leasehold from 1998
Property type
Condominium
District
District 15
Market segment
Rest of Central Region (RCR)
Street
Tanjong Rhu Road
Units sold at least once
426

PLB Atlas

Atlas score

50 out of 100

From 10 of 10 parts, each scored 1 to 5.

  • Bala's Curve3 out of 5
  • District disparity2 out of 5
  • Exit audience1 out of 5
  • Land size / density2 out of 5
  • MRT proximity5 out of 5
  • Quantum2 out of 5
  • Region disparity3 out of 5
  • Rental demand3 out of 5
  • Parents' attraction1 out of 5
  • Volume3 out of 5

The Atlas score is PLB's own reading of how well a project may hold its value when it is sold on: the parts' total as a share of the most they could score. It is an estimate, not advice or a valuation.

Last five years

Price per square foot, month by month

In the 12 months to Sep 2026: 11 sales, median $1,915 psf.

Median price per square foot at Water Place each month, Oct 2021 to Sep 2026. Sales of more than one unit are left out. Median price per square foot for Water Place each month from Oct 2021 to Sep 2026. Lowest $1,336 in Feb 2022; highest $2,038 in Jul 2025; latest $1,795 in Jul 2026. 16 months had no sales. Nov 2021: median $1,436 psf, 1 saleJan 2022: median $1,422 psf, 4 salesFeb 2022: median $1,336 psf, 1 saleMar 2022: median $1,505 psf, 3 salesApr 2022: median $1,522 psf, 2 salesMay 2022: median $1,557 psf, 1 saleJun 2022: median $1,493 psf, 2 salesJul 2022: median $1,561 psf, 2 salesAug 2022: median $1,587 psf, 1 saleOct 2022: median $1,614 psf, 1 saleNov 2022: median $1,554 psf, 1 saleDec 2022: median $1,571 psf, 2 salesMar 2023: median $1,721 psf, 1 saleApr 2023: median $1,654 psf, 2 salesMay 2023: median $1,664 psf, 2 salesJun 2023: median $1,635 psf, 4 salesJul 2023: median $1,611 psf, 5 salesAug 2023: median $1,805 psf, 1 saleOct 2023: median $1,690 psf, 1 saleNov 2023: median $1,603 psf, 1 saleJan 2024: median $1,607 psf, 1 saleMar 2024: median $1,809 psf, 3 salesMay 2024: median $2,012 psf, 1 saleJul 2024: median $1,748 psf, 4 salesAug 2024: median $1,892 psf, 2 salesSep 2024: median $1,524 psf, 1 saleOct 2024: median $1,812 psf, 1 saleDec 2024: median $1,806 psf, 1 saleJan 2025: median $1,768 psf, 2 salesFeb 2025: median $1,859 psf, 2 salesMar 2025: median $1,727 psf, 1 saleApr 2025: median $2,021 psf, 1 saleMay 2025: median $1,768 psf, 3 salesJun 2025: median $1,834 psf, 3 salesJul 2025: median $2,038 psf, 1 saleAug 2025: median $1,854 psf, 4 salesOct 2025: median $1,837 psf, 1 saleNov 2025: median $1,922 psf, 1 saleDec 2025: median $1,915 psf, 1 saleFeb 2026: median $1,992 psf, 2 salesApr 2026: median $1,847 psf, 2 salesMay 2026: median $1,888 psf, 2 salesJun 2026: median $1,957 psf, 1 saleJul 2026: median $1,795 psf, 1 sale
Median price per square foot at Water Place each month, Oct 2021 to Sep 2026. Sales of more than one unit are left out.
Show these numbers as a table
Median price per square foot at Water Place each month, Oct 2021 to Sep 2026. Sales of more than one unit are left out.
MonthMedian psfSales
Jul 2026$1,7951
Jun 2026$1,9571
May 2026$1,8882
Apr 2026$1,8472
Feb 2026$1,9922
Dec 2025$1,9151
Nov 2025$1,9221
Oct 2025$1,8371
Aug 2025$1,8544
Jul 2025$2,0381
Jun 2025$1,8343
May 2025$1,7683
Apr 2025$2,0211
Mar 2025$1,7271
Feb 2025$1,8592
Jan 2025$1,7682
Dec 2024$1,8061
Oct 2024$1,8121
Sep 2024$1,5241
Aug 2024$1,8922
Jul 2024$1,7484
May 2024$2,0121
Mar 2024$1,8093
Jan 2024$1,6071
Nov 2023$1,6031
Oct 2023$1,6901
Aug 2023$1,8051
Jul 2023$1,6115
Jun 2023$1,6354
May 2023$1,6642
Apr 2023$1,6542
Mar 2023$1,7211
Dec 2022$1,5712
Nov 2022$1,5541
Oct 2022$1,6141
Aug 2022$1,5871
Jul 2022$1,5612
Jun 2022$1,4932
May 2022$1,5571
Apr 2022$1,5222
Mar 2022$1,5053
Feb 2022$1,3361
Jan 2022$1,4224
Nov 2021$1,4361
Median price per square foot at Water Place by year
YearMedian psfSales
2026$1,9158
2025$1,84320
2024$1,80814
2023$1,64617
2022$1,53520
2021$1,33221
2020$1,2399
2019$1,32711
2018$1,30530
2017$1,19720
2016$1,23318
2015$1,24816
2014$1,23618
2013$1,30316
2012$1,20858
2011$1,17156
2010$1,09341
2009$96629
2008$1,25018
2007$1,019139
2006$77355
2005$73240
2004$66948
2003$64443
2002$64688
2001$718116

Newest first

Each sale

The date the sale was agreed, the range of floors the home is on, its area, price and price per square foot, and whether it was bought from the developer (new sale), before completion from another buyer (sub sale) or after completion (resale).

Sales at Water Place, newest first
DateFloorsArea (sq ft)PricePrice psfType of sale
13 Jul 20261 to 51,356$2,435,000$1,795Resale
9 Jun 202611 to 151,216$2,380,000$1,957Resale
19 May 20261 to 51,216$2,200,000$1,809Resale
7 May 202616 to 201,281$2,520,000$1,967Resale
30 Apr 202611 to 151,356$2,470,000$1,821Resale
22 Apr 202611 to 151,356$2,540,000$1,873Resale
26 Feb 202616 to 201,227$2,450,000$1,997Resale
5 Feb 20266 to 101,561$3,100,000$1,986Resale
29 Dec 202511 to 151,227$2,350,000$1,915Resale
20 Nov 202511 to 151,561$3,000,000$1,922Resale
16 Oct 20251 to 51,216$2,235,000$1,837Resale
27 Aug 20256 to 101,227$2,280,000$1,858Resale
25 Aug 20256 to 101,216$2,380,000$1,957Resale
22 Aug 20251 to 51,216$2,170,000$1,784Resale
11 Aug 20256 to 101,356$2,508,000$1,849Resale
28 Jul 202516 to 201,281$2,610,000$2,038Resale
16 Jun 202511 to 151,216$2,250,888$1,851Resale
6 Jun 202511 to 151,453$2,650,000$1,824Resale
2 Jun 202511 to 151,227$2,250,000$1,834Resale
29 May 20251 to 51,216$2,150,000$1,768Resale
29 May 20256 to 101,216$2,128,000$1,750Resale
26 May 202511 to 15904$1,820,000$2,013Resale
3 Apr 202511 to 151,281$2,588,888$2,021Resale
7 Mar 20251 to 51,216$2,100,000$1,727Resale
4 Feb 20256 to 101,216$2,100,000$1,727Resale
3 Feb 202511 to 15904$1,800,000$1,991Resale
27 Jan 202511 to 151,561$2,850,000$1,826Resale
7 Jan 20256 to 101,216$2,080,000$1,710Resale
16 Dec 20246 to 101,356$2,450,000$1,806Resale
23 Oct 20241 to 51,356$2,458,000$1,812Resale
23 Sep 20241 to 51,453$2,215,000$1,524Resale
12 Aug 202411 to 151,356$2,538,000$1,871Resale
6 Aug 20246 to 101,281$2,450,000$1,913Resale
25 Jul 202416 to 201,561$2,720,000$1,743Resale
23 Jul 202416 to 201,281$2,540,000$1,983Resale
15 Jul 20241 to 51,216$2,050,000$1,685Resale
8 Jul 20246 to 101,227$2,150,000$1,752Resale
21 May 202416 to 201,281$2,577,000$2,012Resale
27 Mar 20241 to 51,356$2,350,000$1,733Resale
13 Mar 20246 to 10904$1,650,000$1,825Resale
8 Mar 202411 to 151,216$2,200,000$1,809Resale
4 Jan 202411 to 151,216$1,955,000$1,607Resale
3 Nov 20231 to 51,216$1,950,000$1,603Resale
20 Oct 202311 to 151,216$2,055,000$1,690Resale
11 Aug 20236 to 101,227$2,215,000$1,805Resale
26 Jul 202311 to 151,216$1,950,000$1,603Resale
25 Jul 20236 to 101,216$2,000,000$1,644Resale
14 Jul 202316 to 201,281$2,208,000$1,724Resale
3 Jul 20236 to 101,216$1,960,000$1,611Resale
3 Jul 20231 to 51,216$1,950,000$1,603Resale

Show all 969 sales

Rents

Rents by bedrooms

Median monthly rent at Water Place by quarter and bedrooms, with the number of leases
Quarter2 bedrooms3 bedrooms4 bedroomsAll
Jul to Sep 2026Fewer than 3 leases, or none$6,200 (14)Fewer than 3 leases, or noneNot shown
Apr to Jun 2026$4,600 (3)$6,000 (13)$6,850 (4)$6,050 (20)
Jan to Mar 2026Fewer than 3 leases, or none$6,100 (11)$6,750 (3)Not shown
Oct to Dec 2025Fewer than 3 leases, or none$6,000 (14)$7,550 (4)Not shown
Jul to Sep 2025Fewer than 3 leases, or none$6,000 (11)Fewer than 3 leases, or noneNot shown
Apr to Jun 2025Fewer than 3 leases, or none$6,000 (21)Fewer than 3 leases, or noneNot shown
Jan to Mar 2025Fewer than 3 leases, or none$5,950 (20)Fewer than 3 leases, or noneNot shown
Oct to Dec 2024Fewer than 3 leases, or none$5,500 (11)$6,800 (5)Not shown

Median monthly rent, with the number of leases in brackets. A figure is shown only where 3 or more leases were signed in the quarter.

Gross rental yield, estimate: 3.0%

PLB's own estimate, and approximate. It is before costs such as maintenance fees, property tax and vacant months.

About the data

Where these figures come from

  • Sales and rents: URA's records. Floors are shown as 5-storey ranges; unit numbers are never shown.
  • Medians leave out sales of more than one unit in a single transaction.
  • Project facts are from PLB's project records. Where they give no TOP year, the completion year in the sale records is used.
  • The Atlas score and the gross rental yield are PLB's estimates.

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