homequant
condo · 436607

Water Place

Project page · 99-year lease from 1998

Indicative value range
S$2,215,376 – S$2,404,326
Indicative mid S$2,310,266 · S$1,883 psf

Based on 4 sales in this project, last 6 months. Search did not need to widen. See the comparable sales.

No storey entered, so sales were not adjusted for height

Comparable sales

Each price per area is scaled to Q2 2026 by the published index for the quarter it sold in.

SoldWhereFloorSizePricePer sqftIndex ×Adjusted
Jul 2026Water Place01-051,356 sqftS$2,435,000S$1,795 psf×1.000S$1,795 psf
Jun 2026Water Place11-151,216 sqftS$2,380,000S$1,957 psf×1.000S$1,957 psf
May 2026Water Place01-051,216 sqftS$2,200,000S$1,809 psf×1.000S$1,809 psf
May 2026Water Place16-201,281 sqftS$2,520,000S$1,967 psf×1.000S$1,967 psf

How accurate is this estimate for Water Place?

We re-ran the estimate as of Q4 2025 on what was known at the time, then compared it with the 9 sales in Water Place since.

Median error
1.9%

Half the estimates came closer than this to what the home actually fetched, half missed by more.

A thin test: 9 sales, so read the figure as a hint, not a verdict.

What the rent says

What this home earns against what it costs, set beside what homes like it earn.

3.12% gross yield

S$72,000 of rent a year against the estimate above · 0.17 points below flats like it

Leases signed here within a quarter of this size run about S$6,000 a month, the middle of 87 of them.

In the rest of the central region, leasehold flats with 70 to 79 years of lease left yield 3.29%, from 27 projects.

A yield above the mark means the flat rents well for what it costs, which can point to a keen rental patch or a price the sales alone have not caught up with. Below it, buyers are paying for something a tenant will not, such as the address itself.

Recent leases signed here

SignedSizeBedsTypeRent a month
Q3 20262200-2300 sqft4Non-landed PropertiesS$11,500
Q3 20262200-2300 sqft4Non-landed PropertiesS$11,500
Q3 20261600-1700 sqft3Non-landed PropertiesS$7,300
Q3 20261200-1300 sqft3Non-landed PropertiesS$7,200
Q3 20261200-1300 sqft3Non-landed PropertiesS$7,200
Q3 20261500-1600 sqft4Non-landed PropertiesS$7,100
Q3 20261400-1500 sqft3Non-landed PropertiesS$6,600
Q3 20261400-1500 sqft3Non-landed PropertiesS$6,600

median of 87 URA rental contracts at Water Place within a quarter of 114 sqm, since 2025Q4.

Buying or selling at S$2,310,266?

Buying: Stamp duty on S$2,310,266 · Cash and CPF needed on S$2,310,266 · How much can I borrow · Monthly repayment on a 75% loan · Property tax on this rent.

Selling: Net proceeds from selling on S$2,310,266.

Each opens with this figure filled in; change anything there.

Past transactions

Recorded sales
DateDetailAreaPricePer area
Jul 2026
Water Place · 01-05 · Condominium · 71 years left
1,356 sqftS$2,435,000S$1,795 psf
Jun 2026
Water Place · 11-15 · Condominium · 71 years left
1,216 sqftS$2,380,000S$1,957 psf
May 2026
Water Place · 16-20 · Condominium · 71 years left
1,281 sqftS$2,520,000S$1,967 psf
May 2026
Water Place · 01-05 · Condominium · 71 years left
1,216 sqftS$2,200,000S$1,809 psf
Apr 2026
Water Place · 11-15 · Condominium · 71 years left
1,356 sqftS$2,470,000S$1,821 psf
Apr 2026
Water Place · 11-15 · Condominium · 71 years left
1,356 sqftS$2,540,000S$1,873 psf
Feb 2026
Water Place · 16-20 · Condominium · 71 years left
1,227 sqftS$2,450,000S$1,997 psf
Feb 2026
Water Place · 06-10 · Condominium · 71 years left
excluded: outlier
1,561 sqftS$3,100,000S$1,986 psf
Dec 2025
Water Place · 11-15 · Condominium · 71 years left
1,227 sqftS$2,350,000S$1,915 psf
Nov 2025
Water Place · 11-15 · Condominium · 71 years left
excluded: outlier
1,561 sqftS$3,000,000S$1,922 psf
Oct 2025
Water Place · 01-05 · Condominium · 71 years left
1,216 sqftS$2,235,000S$1,838 psf
Aug 2025
Water Place · 06-10 · Condominium · 71 years left
1,227 sqftS$2,280,000S$1,858 psf
Aug 2025
Water Place · 01-05 · Condominium · 71 years left
1,216 sqftS$2,170,000S$1,784 psf
Aug 2025
Water Place · 06-10 · Condominium · 71 years left
1,356 sqftS$2,508,000S$1,849 psf
Aug 2025
Water Place · 06-10 · Condominium · 71 years left
1,216 sqftS$2,380,000S$1,957 psf
Jul 2025
Water Place · 16-20 · Condominium · 72 years left
1,281 sqftS$2,610,000S$2,038 psf
Jun 2025
Water Place · 11-15 · Condominium · 72 years left
1,453 sqftS$2,650,000S$1,824 psf
Jun 2025
Water Place · 11-15 · Condominium · 72 years left
1,227 sqftS$2,250,000S$1,834 psf
Jun 2025
Water Place · 11-15 · Condominium · 72 years left
1,216 sqftS$2,250,888S$1,851 psf
May 2025
Water Place · 01-05 · Condominium · 72 years left
1,216 sqftS$2,150,000S$1,768 psf
May 2025
Water Place · 06-10 · Condominium · 72 years left
1,216 sqftS$2,128,000S$1,750 psf
May 2025
Water Place · 11-15 · Condominium · 72 years left
904 sqftS$1,820,000S$2,013 psf
Apr 2025
Water Place · 11-15 · Condominium · 72 years left
1,281 sqftS$2,588,888S$2,021 psf
Mar 2025
Water Place · 01-05 · Condominium · 72 years left
1,216 sqftS$2,100,000S$1,727 psf
Feb 2025
Water Place · 06-10 · Condominium · 72 years left
1,216 sqftS$2,100,000S$1,727 psf
Feb 2025
Water Place · 11-15 · Condominium · 72 years left
904 sqftS$1,800,000S$1,991 psf
Jan 2025
Water Place · 11-15 · Condominium · 72 years left
1,561 sqftS$2,850,000S$1,826 psf
Jan 2025
Water Place · 06-10 · Condominium · 72 years left
1,216 sqftS$2,080,000S$1,710 psf
Dec 2024
Water Place · 06-10 · Condominium · 72 years left
1,356 sqftS$2,450,000S$1,806 psf
Oct 2024
Water Place · 01-05 · Condominium · 72 years left
1,356 sqftS$2,458,000S$1,812 psf
Sept 2024
Water Place · 01-05 · Condominium · 72 years left
1,453 sqftS$2,215,000S$1,524 psf
Aug 2024
Water Place · 11-15 · Condominium · 72 years left
1,356 sqftS$2,538,000S$1,871 psf
Aug 2024
Water Place · 06-10 · Condominium · 72 years left
excluded: outlier
1,281 sqftS$2,450,000S$1,913 psf
Jul 2024
Water Place · 01-05 · Condominium · 73 years left
1,216 sqftS$2,050,000S$1,685 psf
Jul 2024
Water Place · 06-10 · Condominium · 73 years left
1,227 sqftS$2,150,000S$1,752 psf
Jul 2024
Water Place · 16-20 · Condominium · 73 years left
1,561 sqftS$2,720,000S$1,743 psf
Jul 2024
Water Place · 16-20 · Condominium · 73 years left
excluded: outlier
1,281 sqftS$2,540,000S$1,983 psf
May 2024
Water Place · 16-20 · Condominium · 73 years left
excluded: outlier
1,281 sqftS$2,577,000S$2,012 psf
Mar 2024
Water Place · 01-05 · Condominium · 73 years left
1,464 sqftS$2,220,000S$1,517 psf
Mar 2024
Water Place · 11-15 · Condominium · 73 years left
1,216 sqftS$2,200,000S$1,809 psf
Mar 2024
Water Place · 01-05 · Condominium · 73 years left
1,356 sqftS$2,350,000S$1,733 psf
Mar 2024
Water Place · 06-10 · Condominium · 73 years left
904 sqftS$1,650,000S$1,825 psf
Jan 2024
Water Place · 11-15 · Condominium · 73 years left
1,216 sqftS$1,955,000S$1,607 psf
Nov 2023
Water Place · 01-05 · Condominium · 73 years left
1,216 sqftS$1,950,000S$1,603 psf
Oct 2023
Water Place · 11-15 · Condominium · 73 years left
1,216 sqftS$2,055,000S$1,690 psf
Aug 2023
Water Place · 06-10 · Condominium · 73 years left
1,227 sqftS$2,215,000S$1,805 psf
Jul 2023
Water Place · 11-15 · Condominium · 74 years left
1,216 sqftS$1,950,000S$1,603 psf
Jul 2023
Water Place · 06-10 · Condominium · 74 years left
1,216 sqftS$2,000,000S$1,644 psf
Jul 2023
Water Place · 16-20 · Condominium · 74 years left
1,281 sqftS$2,208,000S$1,724 psf
Jul 2023
Water Place · 06-10 · Condominium · 74 years left
1,216 sqftS$1,960,000S$1,611 psf
Jul 2023
Water Place · 01-05 · Condominium · 74 years left
1,216 sqftS$1,950,000S$1,603 psf
Jun 2023
Water Place · 01-05 · Condominium · 74 years left
1,356 sqftS$2,280,000S$1,681 psf
Jun 2023
Water Place · 01-05 · Condominium · 74 years left
excluded: outlier
1,453 sqftS$1,926,000S$1,325 psf
Jun 2023
Water Place · 11-15 · Condominium · 74 years left
1,216 sqftS$2,050,000S$1,685 psf
Jun 2023
Water Place · 01-05 · Condominium · 74 years left
1,356 sqftS$2,150,000S$1,585 psf
May 2023
Water Place · 06-10 · Condominium · 74 years left
904 sqftS$1,520,000S$1,681 psf
May 2023
Water Place · 16-20 · Condominium · 74 years left
1,227 sqftS$2,020,000S$1,646 psf
Apr 2023
Water Place · 11-15 · Condominium · 74 years left
1,216 sqftS$2,050,000S$1,685 psf
Apr 2023
Water Place · 11-15 · Condominium · 74 years left
1,356 sqftS$2,200,000S$1,622 psf
Mar 2023
Water Place · 01-05 · Condominium · 74 years left
732 sqftS$1,260,000S$1,721 psf
Jan 2023
Water Place · 01-05 · Condominium · 74 years left
1,227 sqftS$1,970,000S$1,605 psf
Jan 2023
Water Place · 01-05 · Condominium · 74 years left
1,227 sqftS$1,960,000S$1,597 psf
Jan 2023
Water Place · 11-15 · Condominium · 74 years left
1,216 sqftS$1,935,888S$1,592 psf
Dec 2022
Water Place · 06-10 · Condominium · 74 years left
1,216 sqftS$1,900,000S$1,562 psf
Dec 2022
Water Place · 06-10 · Condominium · 74 years left
1,227 sqftS$1,938,000S$1,579 psf
Nov 2022
Water Place · 06-10 · Condominium · 74 years left
1,281 sqftS$1,990,000S$1,554 psf
Oct 2022
Water Place · 06-10 · Condominium · 74 years left
1,453 sqftS$2,345,678S$1,614 psf
Aug 2022
Water Place · 06-10 · Condominium · 74 years left
1,216 sqftS$1,930,000S$1,587 psf
Jul 2022
Water Place · 06-10 · Condominium · 75 years left
1,356 sqftS$2,138,000S$1,576 psf
Jul 2022
Water Place · 06-10 · Condominium · 75 years left
1,281 sqftS$1,980,000S$1,546 psf
Jun 2022
Water Place · 01-05 · Condominium · 75 years left
1,496 sqftS$2,090,000S$1,397 psf
Jun 2022
Water Place · 11-15 · Condominium · 75 years left
1,216 sqftS$1,933,000S$1,589 psf
May 2022
Water Place · 11-15 · Condominium · 75 years left
1,227 sqftS$1,910,000S$1,557 psf
Apr 2022
Water Place · 16-20 · Condominium · 75 years left
1,227 sqftS$1,900,000S$1,548 psf
Apr 2022
Water Place · 06-10 · Condominium · 75 years left
1,216 sqftS$1,820,000S$1,496 psf
Mar 2022
Water Place · 11-15 · Condominium · 75 years left
1,216 sqftS$1,830,000S$1,505 psf
Mar 2022
Water Place · 16-20 · Condominium · 75 years left
1,227 sqftS$1,870,000S$1,524 psf
Mar 2022
Water Place · 11-15 · Condominium · 75 years left
1,453 sqftS$2,150,000S$1,480 psf
Feb 2022
Water Place · 01-05 · Condominium · 75 years left
1,572 sqftS$2,100,000S$1,336 psf
Jan 2022
Water Place · 11-15 · Condominium · 75 years left
1,227 sqftS$1,816,000S$1,480 psf
Jan 2022
Water Place · 01-05 · Condominium · 75 years left
1,216 sqftS$1,690,000S$1,389 psf
Jan 2022
Water Place · 06-10 · Condominium · 75 years left
1,561 sqftS$2,270,000S$1,454 psf
Jan 2022
Water Place · 06-10 · Condominium · 75 years left
1,453 sqftS$1,940,000S$1,335 psf
Nov 2021
Water Place · 06-10 · Condominium · 75 years left
1,216 sqftS$1,520,000S$1,250 psf
Nov 2021
Water Place · 06-10 · Condominium · 75 years left
1,281 sqftS$1,840,000S$1,436 psf
See more

Showing 85 of 86.

Sale prices as filed in caveats.

Where the lease takes this

About 70 years of the 99-year lease remain. Every figure below lets the lease run down on the decay measured from private resales in this market, then applies the price path in that column. The paths are scenarios to choose between, not forecasts.

From nowLease leftPrices flatPrices 2% a yearPrices 4% a yearThis market's record, 4.09% a yearmeasured
5 years65 yearsS$2,258,735S$2,493,826S$2,748,097S$2,760,008
10 years60 yearsS$2,160,940S$2,634,173S$3,198,718S$3,226,508
20 years50 yearsS$1,903,772S$2,828,905S$4,171,399S$4,244,193

On a flat market the lease alone costs 18% over 20 years. Prices would need to rise about 0.97% a year to cancel that out.

The measured column repeats what this market did between Q1 2015 and Q2 2026, which was 4.09% a year. Past growth is not a promise of future growth.

Horizons we have not measured are left out rather than guessed at, so a short lease shows fewer rows.

Indicative estimate from comparable caveats. Not a formal valuation.