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D16 Bedok

WATERFRONT WAVES

BEDOK RESERVOIR ROAD · District 16 · 99 yrs lease commencing from 2007

Median Price

S$1.8M

80 transactions

Price Range

S$970K - S$4.3M

Tenure

Leasehold

99 yrs lease commencing from 2

Avg Rent

S$4.03 psf

per month

WATERFRONT WAVES Price Analysis

WATERFRONT WAVES is a leasehold development on BEDOK RESERVOIR ROAD in District 16 (Bedok). According to URA transaction records, 80 private residential transactions have been recorded at this development, with a median price of S$1,815,950. Prices range from S$970K for the smallest units to S$4.3M for premium configurations.

The development offers units across 4 size categories. The most traded segment is 2-bed (70-100 sqm) at a median of S$1,150,000. Larger units (5+ bed (170+ sqm)) trade at S$4,280,000, reflecting the premium for additional space.

Floor level significantly impacts pricing at WATERFRONT WAVES. High-floor units (11-15) command a median of S$1,885,000, while low-floor units (01-05) sell for S$1,650,000. That is a 14% premium for higher floors, worth S$235K in absolute terms. Buyers with flexibility on floor preference can save significantly by choosing mid-range levels.

On the rental side, WATERFRONT WAVES commands an average of S$4.03 per square foot per month. At the median purchase price, this implies a gross rental yield of approximately 2.3%.

Price Trend

Median transaction price by contract month.

Source: URA Private Residential Property Transactions

Price by Floor Level

11-15
S$1.9M
24 txns
06-10
S$1.9M
23 txns
01-05
S$1.6M
33 txns

Price by Unit Size

Size BandMedian PriceAvg SizeTransactions
2-Bed (70-100 sqm)S$1.1M90 sqm14
3-Bed (100-130 sqm)S$1.8M121 sqm49
4-Bed (130-170 sqm)S$2.3M143 sqm16
5+ Bed (170+ sqm)S$4.3M276 sqm1

FAQ

What is the average price of WATERFRONT WAVES?

The median transaction price at WATERFRONT WAVES is S$1,815,950, based on 80 URA-recorded transactions. Prices range from S$970K to S$4.3M.

Does floor level affect prices at WATERFRONT WAVES?

Yes. High-floor units (11-15) sell for a median of S$1,885,000, while low-floor units (01-05) sell for S$1,650,000. That is a 14% premium for higher floors.

What is the rental rate at WATERFRONT WAVES?

The average rental rate at WATERFRONT WAVES is approximately S$4.03 per square foot per month, based on URA median rental data.

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