FreeholdOCRDistrict 19 (Hougang)

The Waterline

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

The Waterline is a freehold condominium in District 19 (Hougang) that obtained TOP in 2013, with 103 units. Across 147 transactions on record, units have recently transacted around S$1.40M (S$1,462 psf, ~1,152 sqft). There are 18 units for sale from S$838k to S$2.90M.

Key facts about The Waterline
TenureFreehold
TOP year2013
DeveloperGLL VENTURES PTE LTD
Units103
District and areaDistrict 19 · Hougang · OCR
Latest median psfS$1,462 psf, last 12 URA caveats to Jul 2026
1

What's for sale and for rent at The Waterline?

Key Takeaway

The Waterline has 18 units listed for sale, asking S$838k to S$2.90M (median S$1,616 psf), and 4 units for rent at a median of S$2,700 a month.

For sale

18 listings

S$838k – S$2.90M

For rent

4 listings

S$2,700 – S$4,300 a month

BedroomsFor saleAsking priceMedian PSF
1-bedroom7S$838k–S$998kS$1,621 psf
3-bedroom8S$1.88M–S$2.80MS$1,616 psf
4-bedroom3S$2.90M–S$2.90MS$1,367 psf

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

2

What are the floor plans and unit sizes at The Waterline?

Key Takeaway

Floor plans for The Waterline aren't in PropKaki's library yet. Across 147 URA caveats, units range from 517 sqft to 3,208 sqft, and the middle half are 1,012 sqft to 1,496 sqft.

Unit typeSizes listed for saleAsking from
1-bedroom517 sqft to 829 sqftS$838k · S$1,621 psf
3-bedroom1,173 sqft to 2,045 sqftS$1.88M · S$1,616 psf
4-bedroom2,121 sqftS$2.90M · S$1,367 psf

Check the Floor Plan Finder for The Waterline →

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

3

What is the price and PSF at The Waterline?

Key Takeaway

Units have recently transacted around S$1.40M (S$1,462 psf), at a gross rental yield of about 2.9% (URA caveat data).

Recent median price

S$1.40M

recent · 147 sales on record

Median PSF

S$1,462 psf

recent transactions

Median rent (monthly)

S$3,328

247 rentals on record

Gross rental yield

2.9%

indicative, gross

Units currently for sale are asking a median of S$1,616 psf — about 11% above the most recent transacted PSF.

Source: URA caveat data, through Jul 2026.

4

What has recently sold at The Waterline?

Key Takeaway

The Waterline has 147 recorded sales; the most recent transacted at S$1,400,000 in Jul 2026 (URA caveat data).

DatePriceSize (sqft)PSF
Jul 2026S$1,400,000883S$1,586 psf
Jun 2026S$1,287,0001,152S$1,117 psf
Apr 2026S$1,738,8881,173S$1,482 psf
Apr 2026S$2,050,0001,335S$1,536 psf
Dec 2025S$1,708,0001,173S$1,456 psf
Oct 2025S$1,715,0001,173S$1,462 psf
Oct 2025S$1,718,8881,163S$1,479 psf
Jun 2025S$1,400,000883S$1,586 psf
May 2025S$1,275,000883S$1,445 psf
Oct 2024S$720,000517S$1,394 psf
Aug 2024S$2,430,0001,636S$1,485 psf
Aug 2024S$863,000786S$1,098 psf

147 sales and 247 rentals on record since Jul 2010. Source: URA.

5

Are prices at The Waterline rising?

Key Takeaway

The median transacted PSF at The Waterline has risen 83% over the past 9 years (20172026), from S$812 psf to S$1,482 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2026S$1,482 psfS$1.40M4+1.4%
2025S$1,462 psfS$1.71M5+2.7%
2024S$1,424 psfS$1.47M5+22.2%
2023S$1,165 psfS$1.10M2-8.1%
2022S$1,268 psfS$1.58M3+12.0%
2021S$1,132 psfS$1.38M13+6.3%
2020S$1,065 psfS$1.25M4-10.1%
2019S$1,185 psfS$1.56M4-0.5%
2018S$1,191 psfS$1.17M5+46.7%
2017S$812 psfS$1.41M2

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

6

Is The Waterline a good investment?

Key Takeaway

Of 48 units at The Waterline that were bought and later resold (bought from 2010, resold up to 2026), 75% sold for more than they were bought for, with a median gain of 10% over a median 8.8-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 2.9%. Units listed now ask about 11% 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

75%

of 48 resales here

Median gain

10%

gross, before costs

Median hold

8.8 years

bought to resold

Every unit at The Waterline 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 The Waterline and what's nearby?

Key Takeaway

The Waterline is located in Hougang, in the North-East Region of Singapore.

The Waterline is a freehold condominium completed in 2013. It was developed by GLL VENTURES PTE LTD. The development has 103 residential units. It sits on a land area of 7,348 sqm and has a gross floor area of 10,287 sqm. The plot ratio is 1.4.

THE WATERLINE is located at 163 Poh Huat Road West, Singapore 546692. It is part of District 19, Serangoon Garden / Hougang / Punggol, Hougang. The project falls within the North-East Region and the OCR market segment.

Nearby amenities include Hougang 1 for shopping, NTUC Fairprice Co-operative Ltd for groceries, and Parry Rd Pg for greenery and recreation. Facilities in the development include Gymnasium room and Swimming pool.

8

How far is The Waterline from MRT and schools?

Key Takeaway

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

Schools nearby

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

  • Bowen Secondary SchoolSecondary schoolwithin 1 km425 m
  • Rosyth SchoolPrimary schoolwithin 1 km · P1 priority691 m
  • Serangoon Garden Secondary SchoolSecondary schoolwithin 1 km826 m
  • Xinmin Primary SchoolPrimary schoolwithin 1 km · P1 priority914 m
  • Xinmin Secondary SchoolSecondary schoolwithin 1 km990 m
  • Zhonghua Primary SchoolPrimary school1.0 km
  • Peicai Secondary SchoolSecondary school1.1 km
  • Anderson Serangoon Junior CollegeJunior college1.2 km

Shops, food & parks

Mall: Hougang 1 · 1.1 kmSupermarket: NTUC Fairprice Co-operative Ltd · 489 mPark: Parry Rd Pg · 164 m

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

9

Who built The Waterline and how big is the development?

Key Takeaway

The Waterline was developed by GLL VENTURES PTE LTD, designed by TEAM DESIGN ARCHITECTS PTE LTD, with 103 units.

Developer
GLL VENTURES PTE LTD
Architect
TEAM DESIGN ARCHITECTS PTE LTD
Main contractor
HONG KIAT CONSTRUCTION PTE LTD
Land area
7,348 sqm (79,093 sqft)
Gross floor area
10,287 sqm (110,728 sqft)
Plot ratio
1.40
10

What facilities does The Waterline have?

Key Takeaway

The Waterline has 2 facilities, including Gymnasium room, Swimming pool.

Gymnasium roomSwimming pool
11

What does it cost to own a unit at The Waterline?

Key Takeaway

Buying a unit at The Waterline (~S$1.40M) needs about S$10,248/mo in income and S$4,715/mo in repayments, after S$40,600 stamp duty and a S$350k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$1.40M) 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$40,600

BSD, tiered

Downpayment (25%)

S$350k

cash + CPF

Monthly instalment

S$4,715/mo

30y @ 3.5%

Income required

S$10,248/mo

TDSR @ stress rate

Read how to tell if a condo is profitable →

12

How many property agents are active around The Waterline?

Key Takeaway

11,112 CEA-registered agents closed at least one recorded deal in District 19 — where The Waterline sits — in the last 12 months, across all property types.

Active agents · 12mo

11,112

District 19 · closed ≥1 deal

Deals on record

72,395

all-time · all property types

Source: CEA public transaction records, attributed to District 19 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 The Waterline? Ask before you commit.

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

PropKaki
Is The Waterline a good buy, and what are units selling for?

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

Ask anything about Singapore property…
13

Frequently asked questions about The Waterline

Is The Waterline freehold?

Yes. The Waterline is freehold, so ownership does not run out.

How old is The Waterline?

The Waterline was completed (obtained TOP) in 2013, so it is about 13 years old.

Is The Waterline a good investment?

Of 48 units at The Waterline that were bought and later resold (bought from 2010, resold up to 2026), 75% sold for more than they were bought for, with a median gain of 10% over a median 8.8-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 2.9%. Units listed now ask about 11% more per square foot than recent sales. Past resale results don't predict future returns, and this is not financial advice.

Is The Waterline an EC?

No. The Waterline is a private condominium, not an executive condominium (EC).

Who is the developer of The Waterline?

The Waterline was developed by GLL VENTURES PTE LTD.

What is the price of a condo at The Waterline?

Units at The Waterline have recently sold for around S$1.40M (S$1,462 psf), the median of the last 12 URA caveats to Jul 2026. The price depends on size, floor and facing. 18 units are listed for sale from S$838k to S$2.90M.

Where is The Waterline located?

The Waterline is at 163 Poh Huat Road West, Singapore 546692, in Hougang (District 19).

How many units are there in The Waterline?

The Waterline has 103 units.

How much do I need to earn to buy at The Waterline?

For a unit around S$1.40M as a first home, you'd need roughly S$10,248/mo in income (assessed at the stress-test rate), with repayments near S$4,715/mo after a S$350k (25%) downpayment and S$40,600 Buyer's Stamp Duty.

Are prices at The Waterline going up?

The median price per square foot at The Waterline has risen about 83% between 2017 and 2026, based on URA caveats. The year-by-year figures are in the price-trend table above.

Which primary schools are within 1 km of The Waterline?

Rosyth School, Xinmin Primary School are within 1 km of The Waterline. Homes within 1 km of a primary school get priority in Primary 1 (P1) registration.