CommercialRESIDENTIALFreeholdDistrict 15 · Kallang

The Waterside

Reviewed by Nathan TangUpdated 10 November 2026Data through Nov 2023

Quick Summary

The Waterside is a commercial building in District 15 · Kallang, on land zoned RESIDENTIAL under the URA Master Plan with a gross plot ratio of 2.1. It is freehold. 1 transaction is on record since 1995, most recently in Nov 2023. ACRA records 1 live company registration at this address.

The facts are here — now get the verdict on The Waterside.

Ask PropKaki

What are the key facts about The Waterside?

Key takeawayThe Waterside is a commercial building in District 15 · Kallang, zoned RESIDENTIAL, held freehold.

Asset class: Commercial
Land-use zone: RESIDENTIAL
Gross plot ratio: 2.1
Tenure: Freehold
District / Area: District 15 · Kallang
Address: 13 Tanjong Rhu Road
Land area: 65,587 sqm
Completed: Not on record
Storeys: Not on record
Strata lots (whole development, MCST): 423
Managing agent: CHAMBERS PROPERTY MANAGEMENT SERVICES PTE LTD
Strata formed: 1994 (MCST 1801)
Submarket: City Fringe
Units with a recorded sale: At least 2
Transactions on record: 1 (records start 1995)
Live listings: None
ACRA registrations: 1

About The Waterside

The Waterside is a mixed-use building in Kallang (District 15). It is located along Tanjong Rhu Road, Singapore 436897.

Under the URA Master Plan it sits on land zoned residential with a gross plot ratio of 2.1.

The site is freehold. It occupies roughly 65,587 sqm of land with about 137,732 sqm of gross floor area.

1 transaction has been recorded here, at a median of S$4,487 psf. The most recent was in November 2023.

1 business is currently registered at this address with ACRA.

The nearest MRT is Katong Park MRT, 287 m away (about a 4-minute walk). The closest bus stop (Opp Dunman High Sch) is 188 m away (about a 3-minute walk).

What is The Waterside zoned as?

Key takeawayThe Waterside sits on land zoned RESIDENTIAL with a gross plot ratio of 2.1.

Land-use zone: RESIDENTIAL
Gross plot ratio: 2.1

Run the full zoning report for this building →

What has The Waterside sold for?

Key takeaway1 transaction is on record since 1995, most recently in Nov 2023 — too few to support a median, so the deals themselves are listed instead.

Date	Use	Price	Area	PSF
Nov 2023	Retail	S$1.55M	344 sqft	$4,487

URA/JTC records from 1995 — that is where the record starts, not when the building was built. Strata and land deals can mix in one building's history; compare like with like. sqm ↔ sq ft converter

What does space at The Waterside rent for?

Key takeawayNo street- or building-level rent is published here. Across District 15 retail, retail space rented at a median of $9.14 psf a month in 2026Q3, with the middle half of leases between $7.55 and $14.01. That is not this building's own rent, and never a quote for a particular unit.

Retail space — District 15 retail

Region band · 2026Q3

25th pct

$7.55

$81.29 psm

Median

$9.14

$98.41 psm

75th pct

$14.01

$150.81 psm

S$ per sq ft per month

A REGION BAND — URA's grid for the whole district or location, not this street or building. Say "across <district/location>, …", never that this building rents for it. The middle of URA's retail grid for District 15 across every floor and size band — a ground-floor shop and an upper-floor unit sit at very different points in it.

Source: URA REALIS retail rental analysis (district × floor × size grid).

Market context around The Waterside

Key takeawayBrokers' retail figures for this part of Singapore — a broker's market figure, not this building's rent.

CBRE, 2Q 2026 (island-wide)

Islandwide: Rent S$28.15 psf/mth

Singapore Figures Q2 2026

Cushman & Wakefield, 2Q 2026

Other City Areas: Rent S$21.21 psf/mth · Vacancy 7.4% (1Q 2026) · Planned / under construction 0.73m sq ft

Singapore Retail MarketBeat Q2 2026

Official series (URA, 2026Q3): Retail vacancy rate (Whole Island) 6.5 (-0.4 pp on the year) · Retail rental index (Central Region) 81.2 (+1.4% on the year).

Brokers draw submarkets and grades differently; each figure is the broker's own, for its own area, cited to its report. Rents are per square foot per month.

How does Tanjong Rhu Road price?

Strata sales on the street (5y)

Too few strata sales on this street to support a median — the count is shown without one.

Street figures cover strata deals only — land and strata PSF are not comparable.

What do commercial rents run near The Waterside?

Key takeawayURA publishes contracted-rent percentile grids quarterly (latest: 2026Q3) — the benchmark evidence an asking rent should be weighed against.

Indicative area yield — District 15 retail

Gross yield (area)

3.7%

3.3% net of property tax

Rent side (median of bands)

$98.41 psm/mo

2026Q3

Price side (strata, 5y)

$2,956 psf

85 sales

An INDICATIVE AREA yield for District 15 retail — NOT this building's yield, and not any unit's. Commercial rents are published as a district percentile grid, so both halves describe the district.

Priced on STRATA sales only: rent is quoted per unit of lettable area, and commercial land PSF runs far above strata — mixing them would shift the ratio sharply.

Net deducts the 10% non-residential property tax ONLY — not vacancy, maintenance, agent fees, financing, or the 9% GST on purchase.

Retail rents — District 15 ($ psm/month, 2026Q3)

Floor level · size band	25th pct	Median	75th pct
B1 & Below · 30 & Below	$121.08	$139.73	$241.82
Level 1 · 30 & Below	$69.23	$85.38	$86.21
Level 2 & 3 · 30 & Below	$47.87	$67.50	$87.18
Level 1 · >30 - 100	$73.94	$87.91	$101.01
Level 2 & 3 · >30 - 100	$57.08	$76.47	$184.13
B1 & Below · >30 - 100	$88.64	$163.41	$259.82
Level 2 & 3 · >100 - 300	$93.30	$107.29	$126.41
Level 1 · >100 - 300	$69.67	$89.53	$113.56

URA REALIS rental-contract percentiles for the district/location — an area benchmark, not this building's own rents. Office and retail are dimensioned differently and are never mixed.

What is near The Waterside?

Key takeawayThe nearest MRT/LRT is Katong Park MRT, about 287 m away — and 2 competing retail premisess operate nearby.

Getting around

Katong Park MRT287 m · ~5 min

Amenities nearby

Educational Institution · 158 mOpp Dunman High Sch · 188 mKatong Park MRT Exit 2 · 225 mKatong Pk · 285 mOne Wellness Clinic · 352 mKatong Community Centre · 421 m

Competing premises nearby

Retail and F&B premises competing for the same footfall — context for an occupier, not a selling point.

Blk 4A Jalan Batu · 619 mKallang Wave Mall · 1.4 km

Straight-line distances. Source: PropKaki amenities data.

Getting there and parking at The Waterside

Key takeawayThe nearest station is Katong Park (TE24), 225 m away — a quiet station, with 7,004 taps in and out on an average weekday. 4 public car parks are within 500 m.

Foot traffic: busier than 6% of retail buildings

nearest MRT/LRT Katong Park (TE24) 225 m, about 7,004 taps a weekday; bus stops within 400 m: 4, about 2,218 taps a weekday; Kallang: 63,333 resident workers (Census 2020, by workplace); about 10,000 residents within 1 km (June 2026); 0 other malls within 1 km. Ranked against 12,856 retail buildings by PropKaki's model: a relative score, not a footfall count.

A relative score from PropKaki's model (station and bus taps nearby, workers and residents around, and competing malls), not a count of people.

Stations within 1 km

Katong Park (TE24)225 m · 7,004 weekday taps

Taps are fare-card taps in and out at the station's gates on an average weekday (Jul 2026 to Sep 2026) — people passing through, not visitors to The Waterside. Transfers between lines don't tap, so interchanges read low.

Bus

4 bus stops within 400 m, with 2,218 boardings and alightings on an average weekday.

Public car parks within 500 m

Fort Rd - East Coast P Ark Hvp (URA)205 m
S$0.60 per half-hour at midday on a weekday · 20 car lots
Blk 14A Kampong Arang Road (HDB)393 m
S$0.60 per half-hour at midday on a weekday · gantry 2.15 m · 288 car lots
Blk 6,12,14 Kampong Arang Road (HDB)418 m
S$0.60 per half-hour at midday on a weekday · 32 car lots
Blk 14 Kampong Arang Road (HDB)430 m
S$0.60 per half-hour at midday on a weekday

HDB season (car): Tier 1 $110/month (a resident's or registered HDB shop/industrial tenant's first car); Tier 2 (other cars, non-residents) $120 Rest of Island, $170 Designated Area, $190 Restricted Zone (sheltered: multi-storey, basement, deck). Industrial-park multi-storey car parks: $110 / $120. Which zone this car park is in is not published as data.

Nearest URA season parking: Tanjong Katong Rd Off St, 1.8 km away, S$90/month.

Public car parks only, by straight-line distance, with the operator's published rates. The Waterside's own car park, if it has one, and its charges are not in the open data.

Who's registered at The Waterside?

Key takeaway1 live company (and LLPs and branches; sole proprietors are not counted) list The Waterside as their registered address. These are registered businesses, not who occupies the space.

Wholesale and retail trade
1

Registered businesses, not who occupies the space: companies, LLPs and branches whose REGISTERED address is this building (ACRA), by industry. Sole proprietors are not counted; no business is named. ACRA, as of 2026-09-16.

Frequently asked questions about The Waterside

Where is The Waterside?⌄

The Waterside is at 13 Tanjong Rhu Road, Singapore 436897, in the Kallang planning area.

What is The Waterside zoned as?⌄

The Waterside sits on land zoned residential under the URA Master Plan, with a gross plot ratio of 2.1.

What is the tenure of The Waterside?⌄

The Waterside is freehold.

What have units at The Waterside sold for?⌄

Across 1 recorded transaction, the median price is S$4,487 psf. The latest was in November 2023.

What is the nearest MRT station to The Waterside?⌄

Katong Park MRT is the closest, 287 m away (about a 4-minute walk).

How many businesses are registered at The Waterside?⌄

1 business is currently registered at this address with ACRA. That is a measure of registered addresses, not of how many businesses physically occupy the building.

For agents · in the PropKaki app

The facts are here — now get the verdict on The Waterside.

Ask what a unit here would fetch, what the zone allows, or how it compares.

Ask PropKaki Try on WhatsApp

PropKaki

Tell me about The Waterside — recent transactions, zoning and what's listed there.

Here's the building's zone, its recorded deals and every live unit — and where the asking prices sit against them.

Ask anything about Singapore property…

This development is also registered as the residential project The Waterside.

Read the figures right

Year of completion is not on record for this building. Building age cannot be stated.

Strata lots: the lot count in the development's MCST (BCA's register) — the whole development, homes included where it is mixed; a single-owner mall or tower can be one lot.

Strata formed: the year the MCST was set up (BCA's register). NOT the year the building was completed — an MCST forms after TOP, sometimes years later. Never state it as the building's age.

Managing agent: as BCA's MCST register names it; it can change between register updates.

Submarket: PropKaki's own map from URA's planning subzones (CBD core, City Hall / Bugis, Orchard, city fringe, regional centres, suburban). Brokers draw these lines differently.

Station taps: average weekday fare-card taps in and out at the nearest MRT/LRT station (LTA DataMall). People passing the station's gates, not people visiting this building.

Foot-traffic score: PropKaki's relative score from nearby MRT and bus taps, workers and residents around (and, for retail, competing malls), ranked against buildings of the same kind. A percentile, not a count of people.

Company REGISTRATIONS at this address (ACRA), not a tenancy schedule. Registration does not mean the company physically occupies space here, and a low count does not mean the building is empty. Do not describe this as occupancy or vacancy.

Unbuilt GFA cannot be computed here — it needs BCA built-GFA, which covers about 5% of commercial buildings and no industrial ones. Zoning and plot ratio are on record; headroom is not.

Reviewed by Nathan Tang

Nathan Tang has over 10 years of property experience across condominiums, HDB flats and commercial property, specialising in property research and finance.

Figures draw on URA and JTC records, URA Master Plan zoning, ACRA registrations and live commercial-portal listings; building facts from BCA's MCST register, PropKaki's submarket map, URA car park data (URA Data Service), LTA DataMall passenger volumes, PropKaki's foot-traffic model — see our methodology. Last updated 10 November 2026. For general information, not financial advice.

Getting there and parking: LTA DataMall passenger volumes and car parks, URA Data Service car park rates, HDB and JTC car park information (data.gov.sg) and HDB's published parking charges, Census of Population 2020 and the Singapore Department of Statistics' June 2026 resident population (Singapore Open Data Licence). The foot-traffic score is PropKaki's own relative model, not a count.

Market context: figures cited from CBRE Research (Singapore Figures) and Cushman & Wakefield (Singapore MarketBeat), each with its quarter and report; flexible-workspace centres from the operators' public location lists; collective sales from marketing agents' announcements and news reports, each linked.

Rents: URA rental statistics for office and retail space by street (IRAS-stamped contracts), JTC J-SPACE rentals by building and by street, JTC price tenders, and URA REALIS rental grids. SLA tender results and JTC posted land rents are held for state and JTC land.