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SG Property Intel
Condominium99-yearRest of Central RegionInvestment score 59

Water Place

TANJONG RHU ROAD · D15

Median PSF · 12m

S$1,915

Median price · 12m

S$2.45M

Latest sale

S$2.44M

Jul 2026

1-year change

+4.9%

Sales · 12m

11

87 all time

Gross yield

3.61%

65 leases

Price history

How this development has traded

Median transacted price and price per square foot by quarter, from every sale on record here.

Change over window
+28.0%
Annualised
+4.8%
Transactions
87
1 year
+4.9%
3 years p.a.
+5.9%
5 years p.a.
+6.4%
Median size
1,227 sqft

Against the neighbourhood

How it compares within D15

Katong, Joo Chiat, Amber Road, Marine Parade. All figures are medians over the last 12 months for private homes in this district.

District analytics
MeasureWater PlaceD15 medianDifference
Median PSFS$1,915S$1,833+4.5%
Median priceS$2.45MS$2.14M+14.5%
Gross rental yield3.61%4.13%-0.5 pts
1-year price change+4.9%+2.3%+2.6 pts

This development trades about 4% above the D15 median price per square foot.

Rental

Rent and yield

From URA private residential rental contracts.

Median monthly rent

S$6,000

Contracts · 12m

65

Implied annual rent

S$72K

Gross yield

3.61%

Unit typeContractsMedian rent
3 bedroom46S$6,000
4 bedroom11S$7,200
2 bedroom8S$4,650

Investment analysis

Investment score 59 / 100

Each component is a percentile rank against every other private development in the database. This is an analytical indicator, not financial advice.

59/100

100% of the scoring weight measurable

Every bar is a percentile rank, so 70 means this development sits above roughly 70% of its peers on that factor. Factors we cannot measure are excluded and the remaining weights are rebalanced, rather than scored as zero.

  • Liquidityweight 15%92

    Transactions in the last 12 months — how easily it trades.

  • Price momentumweight 18%76

    Three-year annualised change in median PSF, or one year where three is unavailable.

  • Rental yieldweight 20%67

    Gross yield against every other development in its segment.

  • Locationweight 15%60

    Distance to the nearest rail station, plus schools within 1 km. Nearest is Tanjong Rhu MRT at 340 m.

  • Valuationweight 22%36

    How its median price per square foot compares with its own district.

  • Supply riskweight 10%8

    Upcoming units recorded in the same district. Higher score means less competing supply.

The investment score is an analytical indicator computed from transaction and location data. It is not a recommendation, a forecast, or financial advice.

Location

Nearby amenities

Rail stations

  • Tanjong Rhu MRT340 m
  • Stadium MRT630 m
  • Katong Park MRT1.1 km
  • Founders' Memorial MRT1.1 km

Schools within 2 km

  • Dunman High Schoolmixed level (s1-jc2)760 m
  • Broadrick Secondary Schoolsecondary (s1-s5)1.6 km
  • Chung Cheng High School (Main)secondary (s1-s4)1.9 km
  • Kong Hwa Schoolprimary2.0 km

Distances are straight-line. Proximity does not determine school admission eligibility.

Supply

Upcoming competition

  • ARINA EAST RESIDENCESZACD LV Development Pte Ltd107 units910 m
  • Meyer BlueUnited Venture Development (Meyer) Pte Ltd · TOP 2028226 units1.7 km
  • MEYER BLUEUNITED VENTURE DEVELOPMENT (MEYER) PTE. LTD.226 units1.7 km

High upcoming supply nearby may increase competition for tenants and buyers.

The record

Transactions at this development

Browse all transactions
MonthTypePriceSizePSFFloorLease left
Jul 2026CondominiumS$2,435,0001,356 sqftS$1,79501-0570 yr 6 mo
Jun 2026CondominiumS$2,380,0001,216 sqftS$1,95711-1570 yr 7 mo
May 2026CondominiumS$2,520,0001,281 sqftS$1,96716-2070 yr 8 mo
May 2026CondominiumS$2,200,0001,216 sqftS$1,80901-0570 yr 8 mo
Apr 2026CondominiumS$2,540,0001,356 sqftS$1,87311-1570 yr 9 mo
Apr 2026CondominiumS$2,470,0001,356 sqftS$1,82111-1570 yr 9 mo
Feb 2026CondominiumS$3,100,0001,561 sqftS$1,98606-1070 yr 11 mo
Feb 2026CondominiumS$2,450,0001,227 sqftS$1,99716-2070 yr 11 mo
Dec 2025CondominiumS$2,350,0001,227 sqftS$1,91511-1571 yr 1 mo
Nov 2025CondominiumS$3,000,0001,561 sqftS$1,92211-1571 yr 2 mo
Oct 2025CondominiumS$2,235,0001,216 sqftS$1,83801-0571 yr 3 mo
Aug 2025CondominiumS$2,508,0001,356 sqftS$1,84906-1071 yr 5 mo
Aug 2025CondominiumS$2,380,0001,216 sqftS$1,95706-1071 yr 5 mo
Aug 2025CondominiumS$2,280,0001,227 sqftS$1,85806-1071 yr 5 mo
Aug 2025CondominiumS$2,170,0001,216 sqftS$1,78401-0571 yr 5 mo
Jul 2025CondominiumS$2,610,0001,281 sqftS$2,03816-2071 yr 6 mo
Jun 2025CondominiumS$2,650,0001,453 sqftS$1,82411-1571 yr 7 mo
Jun 2025CondominiumS$2,250,8881,216 sqftS$1,85111-1571 yr 7 mo
Jun 2025CondominiumS$2,250,0001,227 sqftS$1,83411-1571 yr 7 mo
May 2025CondominiumS$2,150,0001,216 sqftS$1,76801-0571 yr 8 mo
May 2025CondominiumS$2,128,0001,216 sqftS$1,75006-1071 yr 8 mo
May 2025CondominiumS$1,820,000904 sqftS$2,01311-1571 yr 8 mo
Apr 2025CondominiumS$2,588,8881,281 sqftS$2,02111-1571 yr 9 mo
Mar 2025CondominiumS$2,100,0001,216 sqftS$1,72701-0571 yr 10 mo
Feb 2025CondominiumS$2,100,0001,216 sqftS$1,72706-1071 yr 11 mo
Feb 2025CondominiumS$1,800,000904 sqftS$1,99111-1571 yr 11 mo
Jan 2025CondominiumS$2,850,0001,561 sqftS$1,82611-1572 yrs
Jan 2025CondominiumS$2,080,0001,216 sqftS$1,71006-1072 yrs
Dec 2024CondominiumS$2,450,0001,356 sqftS$1,80606-1072 yr 1 mo
Oct 2024CondominiumS$2,458,0001,356 sqftS$1,81201-0572 yr 3 mo
Sep 2024CondominiumS$2,215,0001,453 sqftS$1,52401-0572 yr 4 mo
Aug 2024CondominiumS$2,538,0001,356 sqftS$1,87111-1572 yr 5 mo
Aug 2024CondominiumS$2,450,0001,281 sqftS$1,91306-1072 yr 5 mo
Jul 2024CondominiumS$2,720,0001,561 sqftS$1,74316-2072 yr 6 mo
Jul 2024CondominiumS$2,540,0001,281 sqftS$1,98316-2072 yr 6 mo
Jul 2024CondominiumS$2,150,0001,227 sqftS$1,75206-1072 yr 6 mo
Jul 2024CondominiumS$2,050,0001,216 sqftS$1,68501-0572 yr 6 mo
May 2024CondominiumS$2,577,0001,281 sqftS$2,01216-2072 yr 8 mo
Mar 2024CondominiumS$2,350,0001,356 sqftS$1,73301-0572 yr 10 mo
Mar 2024CondominiumS$2,220,0001,464 sqftS$1,51701-0572 yr 10 mo

Showing the 40 most recent of 87 recorded transactions.

Important

Property values shown are estimates generated from available transaction and market data and are not official valuations. Actual transaction prices may differ. Data availability and accuracy depend on the underlying source datasets. Users should conduct their own due diligence and seek professional advice where appropriate.