D15 East Coast

WATER PLACE

TANJONG RHU ROAD · District 15 · 99 yrs lease commencing from 1998

Median Price

S$2.0M

93 transactions

Price Range

S$1.3M - S$3.1M

Tenure

Leasehold

99 yrs lease commencing from 1

Avg Rent

S$4.78 psf

per month

WATER PLACE Price Analysis

WATER PLACE is a leasehold development on TANJONG RHU ROAD in District 15 (East Coast). According to URA transaction records, 93 private residential transactions have been recorded at this development, with a median price of S$2,050,000. Prices range from S$1.3M for the smallest units to S$3.1M for premium configurations.

The development offers units across 4 size categories. The most traded segment is 1-bed (50-70 sqm) at a median of S$1,260,000. Larger units (4-bed (130-170 sqm)) trade at S$2,217,500, reflecting the premium for additional space.

Floor level significantly impacts pricing at WATER PLACE. High-floor units (16-20) command a median of S$2,450,000, while low-floor units (06-10) sell for S$2,000,000. That is a 23% premium for higher floors, worth S$450K in absolute terms. Buyers with flexibility on floor preference can save significantly by choosing mid-range levels.

On the rental side, WATER PLACE commands an average of S$4.78 per square foot per month. At the median purchase price, this implies a gross rental yield of approximately 2.4%.

Price Trend

Median transaction price by contract month.

Source: URA Private Residential Property Transactions

Price by Floor Level

16-20

S$2.5M

9 txns

11-15

S$2.0M

29 txns

01-05

S$2.0M

26 txns

06-10

S$2M

29 txns

Price by Unit Size

Size Band	Median Price	Avg Size	Transactions
1-Bed (50-70 sqm)	S$1.3M	68 sqm	1
2-Bed (70-100 sqm)	S$1.6M	84 sqm	6
3-Bed (100-130 sqm)	S$2.0M	116 sqm	70
4-Bed (130-170 sqm)	S$2.2M	140 sqm	16

Current Listings

4-Bed rent

Helen Wong ·

S$7K

rent

Eng Le Tian · PROPNEX REALTY PTE. LTD.

S$1K

FAQ

What is the average price of WATER PLACE?

The median transaction price at WATER PLACE is S$2,050,000, based on 93 URA-recorded transactions. Prices range from S$1.3M to S$3.1M.

Does floor level affect prices at WATER PLACE?

Yes. High-floor units (16-20) sell for a median of S$2,450,000, while low-floor units (06-10) sell for S$2,000,000. That is a 23% premium for higher floors.

What is the rental rate at WATER PLACE?

The average rental rate at WATER PLACE is approximately S$4.78 per square foot per month, based on URA median rental data.

Source: URA Private Residential Property Transactions. Analysis by FairComparisons.