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Water Place

Condominium · in Kallang, District 15, Singapore · 99 yrs from 02/03/1998 · Completed 2004

Data through 13 July 2026

Water Place site plan and project gallery

Site plan of Water Place in SingaporeWater Place property photo 1 in SingaporeWater Place property photo 2 in SingaporeWater Place property photo 3 in Singapore

Site plan is shown first when available. Scroll to view more project images.

Intro: Water Place offers a relaxed residential setting in Tanjong Rhu, where you are just a short walk from the Tanjong Rhu MRT station for seamless city connectivity 🚆.
Good to know: Located just steps from the Tanjong Rhu MRT station for easy travel 🚇; Comprises 437 units with a strong focus on spacious three-bedroom floor plans 🏡; Completed in 2004 within the scenic Kallang planning area 🌊.
Practical note: With a heavy emphasis on three-bedroom units, this project is particularly well-suited for families or those needing extra space, though those seeking smaller, compact units may find fewer options here.

D15RCRCentralKallang
On this pageSite plan & photosProject detailsNearby MRT & LRTPrices & transactionsRental trendsFAQs
REALSCOREⓘ
Profitability rank across Singapore
3.5
Annual Returns
Avg annualized profit (past 1y)
4.4%
< 1km
MRT Station
> 1K
MOPs in Town
Mega
Development
< 10y
Property Age
Near
$1M+ HDB
100%
Profitable
Top 20
Schools
50+
Deals Past Yr

Water Place project details

Street
Tanjong Rhu Road
Property Type
Condominium
Completion
2004
Total Units
437
Plot Ratio
2.8
Unit Size
732 - 4,241 sqft
Tenure
99 yrs from 02/03/1998
Lease Remaining
71 yrs
Postal Sector
43

GLS Site

Land Use
Residential (Non-Landed)
Development Type
Condominium
Site Area
20919.90
Plot Ratio
2.80
Permissible GFA
58576.00
GLS Launch
09-07-1997
Tender Closed
10-09-1997
Awarded
04-11-1997
Awarded To
Orchard Terminal Pte Ltd
Bids
6
Winning Tender
174148000.00
Land Rate (GFA)
2973.03
Land Rate (ppr)
276.20
Max GFA (Est.)
58576.00

MRT and LRT stations near Water Place

  • Tanjong Rhu68 m · MRTTE23
  • Stadium663 m · MRTCC6
  • Nicoll Highway959 m · MRTMRT
See details on nearby stations

Water Place price, PSF and transaction trends

24%
HDB Buyers
$1.3B+
Total Transacted
01-01-2001
First Transacted
13-07-2026
Last Transacted
976
Total Transactions

Water Place transaction volume

Water Place transaction volume01020302019 · Resale: 1120192020 · Resale: 920202021 · Resale: 2220212022 · Resale: 2020222023 · Resale: 2120232024 · Resale: 1520242025 · Resale: 2020252026 · Resale: 82026
New SaleSub SaleResale

Among the latest 12 recorded sales for Water Place, the median price was S$2,442,500 and the median PSF was S$1,894 psf. The newest record shown is from 13 July 2026. The annual project median was 44.3% higher in 2026 than in 2019; unit mix can affect year-to-year comparisons.

Recent Water Place transactions

DateSale typePricePSFSize
13 July 2026ResaleS$2,435,000S$1,795 psf1,356 sqft
9 June 2026ResaleS$2,380,000S$1,957 psf1,216 sqft
19 May 2026ResaleS$2,200,000S$1,809 psf1,216 sqft
7 May 2026ResaleS$2,520,000S$1,967 psf1,281 sqft
30 April 2026ResaleS$2,470,000S$1,821 psf1,356 sqft

Water Place median transaction PSF (S$)

Water Place median transaction PSF (S$)05001.0K1.5K2.0K2019 · Median PSF: 1.3K20192020 · Median PSF: 1.2K20202021 · Median PSF: 1.3K20212022 · Median PSF: 1.5K20222023 · Median PSF: 1.6K20232024 · Median PSF: 1.8K20242025 · Median PSF: 1.8K20252026 · Median PSF: 1.9K2026

Water Place annual price trend

YearMedian priceMedian PSFRecorded sales
2026S$2,460,000S$1,915 psf8
2025S$2,250,444S$1,843 psf20
2024S$2,350,000S$1,806 psf15
2023S$2,000,000S$1,644 psf21
2022S$1,935,500S$1,535 psf20
2021S$1,650,000S$1,320 psf22
2020S$1,588,000S$1,239 psf9
2019S$1,660,000S$1,327 psf11
92.5%
% Profitable
506
Profitable
43
Unprofitable
185
> 6% Annualized
7.1 yrs
Avg Holding
$216.7M
Total Profits

Water Place annualized profit %

Water Place annualized profit %0.0%1.5%3.0%4.5%6.0%2019 · Average Annualized Profit: 2.5%20192020 · Average Annualized Profit: 1.3%20202021 · Average Annualized Profit: 2.2%20212022 · Average Annualized Profit: 2.6%20222023 · Average Annualized Profit: 3.8%20232024 · Average Annualized Profit: 4.3%20242025 · Average Annualized Profit: 4.6%20252026 · Average Annualized Profit: 4.0%2026
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Water Place rental prices and estimated yield

Past 1 month
$4.77
Avg PSF Rental
42
No. of Rentals
3.0%
Est. Rental Yield

Among the latest 12 recorded rental contracts for Water Place, the median monthly rent was S$6,050, with records ranging from S$5,000 to S$7,300.

Recent Water Place rental contracts

Lease dateBedroomsMonthly rentEst. PSFArea
1 July 20262 BRS$5,000S$5 psf900-1000
1 July 20263 BRS$6,600S$5 psf1400-1500
1 July 20263 BRS$5,500S$4 psf1200-1300
1 July 20263 BRS$6,200S$5 psf1300-1400
1 July 20263 BRS$6,000S$5 psf1200-1300

Water Place rental volume

Water Place rental volume0501001502019 · Rentals: 11220192020 · Rentals: 9820202021 · Rentals: 10220212022 · Rentals: 9420222023 · Rentals: 8720232024 · Rentals: 7820242025 · Rentals: 7820252026 · Rentals: 422026
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Frequently asked questions about Water Place

How much do units at Water Place cost?

The latest 12 recorded sales show a median price of S$2,442,500 and a median of S$1,894 psf. Actual prices vary by floor, size, facing, condition and sale date.

What are the rental price and estimated yield at Water Place?

The latest recorded median monthly rent is S$6,050 and the estimated rental yield based on the past six months is 3.0%. Rental yield is indicative and can vary by unit and costs.

Is Water Place freehold or leasehold?

Water Place has a tenure of 99 yrs from 02/03/1998.

When was Water Place completed?

Water Place was completed in 2004 and the project has 437 units.

Which MRT or LRT station is nearest to Water Place?

Tanjong Rhu is the nearest station shown, at an estimated straight-line distance of 68 metres.

Data sources and methodology

Sale and rental records are based on URA private residential property market data. REALSMART calculates project-level medians, chart groupings, profitability indicators, straight-line distances and estimated rental yields. Data on this page runs through 13 July 2026. Figures are indicative and do not constitute financial advice.

Compare Water Place with similar properties

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Discussion about Water Place

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ShyHoopoe4Beautiful place, next to MRT
9 March 20260
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