946-yearOCRDistrict 17 (Pasir Ris)

Bluwaters 2

Reviewed by Nathan TangUpdated 24 September 2026Data through May 2026 (URA)
Quick Summary

Bluwaters 2 is a 946-year condominium in District 17 (Pasir Ris) that obtained TOP in 2010, with 71 units across 1 block. Across 142 transactions on record, units have recently transacted around S$1.13M (S$1,120 psf, ~958 sqft). There are 11 units for sale from S$1.20M to S$2.80M. The lease has approximately 858 years remaining.

Key facts about Bluwaters 2
Tenure946-year leasehold from 1938 (≈858 years left)
TOP year2010
DeveloperNOVELTY CAPITAL PTE LTD
Units71 in 1 block
District and areaDistrict 17 · Pasir Ris · OCR
Latest median psfS$1,120 psf, last 12 URA caveats to May 2026
1

What's for sale and for rent at Bluwaters 2?

Key Takeaway

Bluwaters 2 has 11 units listed for sale, asking S$1.20M to S$2.80M (median S$1,267 psf), and 0 units for rent.

For sale

11 listings

S$1.20M – S$2.80M

For rent

0 listings

no asking rents

BedroomsFor saleAsking priceMedian PSF
1-bedroom1S$2.80M–S$2.80M
2-bedroom1S$1.30M–S$1.30M
3-bedroom6S$1.20M–S$1.45MS$1,267 psf
4-bedroom3S$1.70M–S$1.80MS$1,136 psf

Asking prices of units currently listed on property portals, not transacted prices.

2

What are the floor plans and unit sizes at Bluwaters 2?

Key Takeaway

Floor plans for Bluwaters 2 aren't in PropKaki's library yet. Across 142 URA caveats, units range from 840 sqft to 3,122 sqft, and the middle half are 872 sqft to 1,206 sqft.

Unit typeSizes listed for saleAsking from
1-bedroom2,700 sqftS$2.80M
2-bedroom872 sqftS$1.30M
3-bedroom947 sqft to 1,109 sqftS$1.20M · S$1,267 psf
4-bedroom1,496 sqftS$1.70M · S$1,136 psf

Check the Floor Plan Finder for Bluwaters 2 →

Unit sizes from URA caveats. Listed sizes from current property listings.

3

What is the price and PSF at Bluwaters 2?

Key Takeaway

Units have recently transacted around S$1.13M (S$1,120 psf), at a gross rental yield of about 2.9% (URA caveat data).

Recent median price

S$1.13M

recent · 142 sales on record

Median PSF

S$1,120 psf

recent transactions

Median rent (monthly)

S$2,760

191 rentals on record

Gross rental yield

2.9%

indicative, gross

Units currently for sale are asking a median of S$1,267 psf — about 13% above the most recent transacted PSF.

Source: URA caveat data, through May 2026.

4

What has recently sold at Bluwaters 2?

Key Takeaway

Bluwaters 2 has 142 recorded sales; the most recent transacted at S$1,130,000 in May 2026 (URA caveat data).

DatePriceSize (sqft)PSF
May 2026S$1,130,000872S$1,296 psf
Aug 2025S$1,110,000872S$1,273 psf
Apr 2025S$1,133,000872S$1,299 psf
Mar 2025S$1,028,000872S$1,179 psf
Dec 2024S$1,228,0001,109S$1,108 psf
Sept 2024S$1,820,0001,776S$1,025 psf
Aug 2024S$1,038,888872S$1,192 psf
Aug 2023S$1,188,0001,109S$1,072 psf
Jul 2023S$1,100,000958S$1,148 psf
Apr 2023S$2,080,0002,045S$1,017 psf
Jun 2022S$1,350,0001,206S$1,120 psf
Mar 2022S$1,360,0001,496S$909 psf

142 sales and 191 rentals on record since Jun 2007. Source: URA.

5

Are prices at Bluwaters 2 rising?

Key Takeaway

The median transacted PSF at Bluwaters 2 has risen 39% over the past 10 years (20152025), from S$918 psf to S$1,273 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2025S$1,273 psfS$1.11M3+14.9%
2024S$1,108 psfS$1.23M3+3.4%
2023S$1,072 psfS$1.19M3+17.9%
2022S$909 psfS$1.35M4+13.6%
2021S$800 psfS$990k10+24.8%
2020S$641 psfS$1.60M5-28.6%
2018S$898 psfS$860k4-5.5%
2017S$950 psfS$830k6+23.2%
2016S$771 psfS$905k3-16.0%
2015S$918 psfS$1.03M3

Yearly median transacted PSF and price; years with at least 2 recorded sales. Source: URA caveat data.

6

Is Bluwaters 2 a good investment?

Key Takeaway

Of 71 units at Bluwaters 2 that were bought and later resold (bought from 2007, resold up to 2026), 85% sold for more than they were bought for, with a median gain of 17% over a median 5.6-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 2.9%. Units listed now ask about 13% more per square foot than recent sales. Past resale results don't predict future returns, and this is not financial advice.

Sold for more than bought

85%

of 71 resales here

Median gain

17%

gross, before costs

Median hold

5.6 years

bought to resold

Every unit at Bluwaters 2 with a purchase and a later resale on record, matched from URA caveats. Check the odds for your unit size and holding period →

7

Where is Bluwaters 2 and what's nearby?

Key Takeaway

Bluwaters 2 is located in Pasir Ris, in the East Region of Singapore.

Bluwaters 2 is a 946-year condominium completed in 2010. It was developed by NOVELTY CAPITAL PTE LTD. The development has 71 residential units. It sits on a land area of 4,496 sqm and has a gross floor area of 6,295 sqm. The plot ratio is 1.4.

BLUWATERS 2 is located at 205 Jalan Loyang Besar, Singapore 509456. It is part of District 17, Loyang / Changi, Pasir Ris. The project falls within the East Region and the OCR market segment.

Nearby amenities include Downtown East for shopping and RAW MARKET PTE. LTD. for groceries. Facilities in the development include Barbeque Area, Gymnasium room, 24 hours security, Swimming pool, and Wading pool.

8

How far is Bluwaters 2 from MRT and schools?

Key Takeaway

2 schools are within 1 km, including 1 primary school.

Schools nearby

Homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

  • Pasir Ris Primary SchoolPrimary schoolwithin 1 km · P1 priority857 m
  • Pasir Ris Crest Secondary SchoolSecondary schoolwithin 1 km926 m
  • Casuarina Primary SchoolPrimary school1.1 km
  • Hai Sing Catholic SchoolSecondary school1.2 km
  • White Sands Primary SchoolPrimary school1.6 km
  • Loyang View Secondary SchoolSecondary school1.7 km

Shops, food & parks

Mall: Downtown East · 1.0 kmSupermarket: Raw Market Pte. Ltd. · 602 m

Straight-line distances from the development. Source: PropKaki amenities data.

9

Who built Bluwaters 2 and how big is the development?

Key Takeaway

Bluwaters 2 was developed by NOVELTY CAPITAL PTE LTD, designed by JGP ARCHITECTURE (S) PTE LTD, with 71 units over up to 5 storeys.

Developer
NOVELTY CAPITAL PTE LTD
Architect
JGP ARCHITECTURE (S) PTE LTD
Main contractor
NOVELTY BUILDERS PTE LTD
Floors
5 storeys
Blocks
1
Land area
4,496 sqm (48,394 sqft)
Gross floor area
6,295 sqm (67,759 sqft)
Plot ratio
1.40
10

What facilities does Bluwaters 2 have?

Key Takeaway

Bluwaters 2 has 5 facilities, including Barbeque Area, Gymnasium room, 24 hours security, Swimming pool, and more.

Barbeque AreaGymnasium room24 hours securitySwimming poolWading pool
11

What does it cost to own a unit at Bluwaters 2?

Key Takeaway

Buying a unit at Bluwaters 2 (~S$1.13M) needs about S$8,294/mo in income and S$3,816/mo in repayments, after S$29,920 stamp duty and a S$283k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$1.13M) as their first home — 25% down, 30-year loan at 3.5% p.a. Rates as of May 2026. Run it for your own profile →

Buyer's Stamp Duty

S$29,920

BSD, tiered

Downpayment (25%)

S$283k

cash + CPF

Monthly instalment

S$3,816/mo

30y @ 3.5%

Income required

S$8,294/mo

TDSR @ stress rate

Read how to tell if a condo is profitable →

12

How many property agents are active around Bluwaters 2?

Key Takeaway

3,942 CEA-registered agents closed at least one recorded deal in District 17 — where Bluwaters 2 sits — in the last 12 months, across all property types.

Active agents · 12mo

3,942

District 17 · closed ≥1 deal

Deals on record

11,981

all-time · all property types

Source: CEA public transaction records, attributed to District 17 across HDB, condo and landed (agent activity isn't published at project level). Browse the agent directory or compare every market segment.

Keep going in the PropKaki app

Thinking about Bluwaters 2? Ask before you commit.

A fair-value read, recent comps and what a unit really costs — from Bluwaters 2's own transactions.

PropKaki
Is Bluwaters 2 a good buy, and what are units selling for?

Recent units at Bluwaters 2 sold close to their fair value — solid, no obvious overpay.

Ask anything about Singapore property…
13

Frequently asked questions about Bluwaters 2

Is Bluwaters 2 freehold?

No. Bluwaters 2 is on a 946-year lease that started in 1938, with about 858 years left.

How old is Bluwaters 2?

Bluwaters 2 was completed (obtained TOP) in 2010, so it is about 16 years old.

Is Bluwaters 2 a good investment?

Of 71 units at Bluwaters 2 that were bought and later resold (bought from 2007, resold up to 2026), 85% sold for more than they were bought for, with a median gain of 17% over a median 5.6-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 2.9%. Units listed now ask about 13% more per square foot than recent sales. Past resale results don't predict future returns, and this is not financial advice.

Is Bluwaters 2 an EC?

No. Bluwaters 2 is a private condominium, not an executive condominium (EC).

Who is the developer of Bluwaters 2?

Bluwaters 2 was developed by NOVELTY CAPITAL PTE LTD.

What is the price of a condo at Bluwaters 2?

Units at Bluwaters 2 have recently sold for around S$1.13M (S$1,120 psf), the median of the last 12 URA caveats to May 2026. The price depends on size, floor and facing. 11 units are listed for sale from S$1.20M to S$2.80M.

Where is Bluwaters 2 located?

Bluwaters 2 is at 205 Jalan Loyang Besar, Singapore 509456, in Pasir Ris (District 17).

How many units are there in Bluwaters 2?

Bluwaters 2 has 71 units in 1 block, up to 5 storeys high.

How much do I need to earn to buy at Bluwaters 2?

For a unit around S$1.13M as a first home, you'd need roughly S$8,294/mo in income (assessed at the stress-test rate), with repayments near S$3,816/mo after a S$283k (25%) downpayment and S$29,920 Buyer's Stamp Duty.

Are prices at Bluwaters 2 going up?

The median price per square foot at Bluwaters 2 has risen about 39% between 2015 and 2025, based on URA caveats. The year-by-year figures are in the price-trend table above.

Which primary schools are within 1 km of Bluwaters 2?

Pasir Ris Primary School is within 1 km of Bluwaters 2. Homes within 1 km of a primary school get priority in Primary 1 (P1) registration.