Water Place
Water Place is a 99-year condominium in District 15 (Kallang) that obtained TOP in 2004, with 437 units across 5 blocks. Across 975 transactions on record, units have recently transacted around S$2.38M (S$1,915 psf, ~1,227 sqft). There are 40 units for sale from S$1.35M to S$3.10M. The lease has approximately 71 years remaining.
What are the key facts about Water Place?
Water Place is a 99-year condominium in District 15 (Kallang) that obtained TOP in 2004, with 437 units across 5 blocks.
- Tenure
- 99-year
- TOP / Completion
- 2004
- Developer
- TANJONG PROPERTIES PTE LTD
- Total units
- 437
- Blocks
- 5
- District / Area
- District 15 (Kallang)
- Market segment
- RCR
- Median PSF
- S$1,915 psf
- Last transacted
- Jun 2026
- Remaining lease
- ≈ 71 years
What is the price and PSF at Water Place?
Units have recently transacted around S$2.38M (S$1,915 psf), at a gross rental yield of about 2.2% (URA caveat data).
Recent median price
S$2.38M
recent · 975 sales on record
Median PSF
S$1,915 psf
recent transactions
Median rent (monthly)
S$4,328
2,185 rentals on record
Gross rental yield
2.2%
indicative, gross
Units currently for sale are asking a median of S$2,047 psf — about 7% above the most recent transacted PSF.
Source: URA caveat data, through Jun 2026.
What has recently sold at Water Place?
Water Place has 975 recorded sales; the most recent transacted at S$2,380,000 in Jun 2026 (URA caveat data).
| Date | Price | Size (sqft) | PSF |
|---|---|---|---|
| Jun 2026 | S$2,380,000 | 1,216 | S$1,957 psf |
| May 2026 | S$2,200,000 | 1,216 | S$1,809 psf |
| May 2026 | S$2,520,000 | 1,281 | S$1,967 psf |
| Apr 2026 | S$2,470,000 | 1,356 | S$1,821 psf |
| Apr 2026 | S$2,540,000 | 1,356 | S$1,873 psf |
| Feb 2026 | S$2,450,000 | 1,227 | S$1,997 psf |
| Feb 2026 | S$3,100,000 | 1,561 | S$1,986 psf |
| Dec 2025 | S$2,350,000 | 1,227 | S$1,915 psf |
| Nov 2025 | S$3,000,000 | 1,561 | S$1,922 psf |
| Oct 2025 | S$2,235,000 | 1,216 | S$1,837 psf |
| Aug 2025 | S$2,280,000 | 1,227 | S$1,858 psf |
| Aug 2025 | S$2,380,000 | 1,216 | S$1,957 psf |
975 sales and 2,185 rentals on record since Jan 2001. Source: URA.
Are prices at Water Place rising?
The median transacted PSF at Water Place has risen 64% over the past 9 years (2017–2026), from S$1,195 psf to S$1,957 psf (URA caveats).
| Year | Median PSF | Median price | Sales | YoY |
|---|---|---|---|---|
| 2026 | S$1,957 psf | S$2.47M | 7 | +6.5% |
| 2025 | S$1,837 psf | S$2.25M | 20 | +1.7% |
| 2024 | S$1,806 psf | S$2.35M | 15 | +9.9% |
| 2023 | S$1,644 psf | S$2.00M | 21 | +7.9% |
| 2022 | S$1,524 psf | S$1.93M | 20 | +16.5% |
| 2021 | S$1,308 psf | S$1.65M | 22 | +5.6% |
| 2020 | S$1,239 psf | S$1.59M | 9 | -6.6% |
| 2019 | S$1,327 psf | S$1.66M | 11 | +2.2% |
| 2018 | S$1,299 psf | S$1.58M | 30 | +8.7% |
| 2017 | S$1,195 psf | S$1.48M | 20 | — |
Yearly median transacted PSF and price; years with at least 2 recorded sales. Source: URA caveat data.
How many property agents are active around Water Place?
9,526 CEA-registered agents closed at least one recorded deal in District 15 — where Water Place sits — in the last 12 months, across all property types.
Active agents · 12mo
9,526
District 15 · closed ≥1 deal
Deals on record
60,896
all-time · all property types
Source: CEA public transaction records, attributed to District 15across HDB, condo and landed (agent activity isn't published at project level). Browse the agent directory or compare every market segment.
What bedroom types are available at Water Place?
Water Place has 40 units listed for sale, spanning 1–4-bedroom layouts.
Based on units currently listed for sale.
| Bedrooms | For sale | Price range | Median PSF |
|---|---|---|---|
| 1-bedroom | 6 | S$1.35M–S$2.98M | S$1,844 psf |
| 2-bedroom | 4 | S$1.80M–S$1.98M | — |
| 3-bedroom | 22 | S$2.40M–S$3.10M | S$2,047 psf |
| 4-bedroom | 8 | S$2.93M–S$2.98M | S$2,051 psf |
Where is Water Place and what's nearby?
Water Place is located in Kallang, in the Central Region of Singapore.
Water Place is a 99-year condominium completed in 2004. It was developed by TANJONG PROPERTIES PTE LTD. The development has 437 residential units. It sits on a land area of 19,126 sqm and has a gross floor area of 53,552 sqm. The plot ratio is 2.8.
WATER PLACE is located at 179 Tanjong Rhu Road, Singapore 436606. It is part of District 15, Katong / Joo Chiat / Amber Road, Kallang. The project falls within the Central Region and the RCR market segment.
The nearest rail connection is Tanjong Rhu MRT, approximately 94m away, around 2 minutes on foot. Nearby amenities include Kallang Wave Mall for shopping, NTUC Fairprice Co-operative Ltd for groceries, and East Coast Park Area A for greenery and recreation. Facilities in the development include Aerobic pool, Barbeque Area, Covered car park, Fitness corner, Fun pool, and Gymnasium room.
Who built Water Place and how big is the development?
Water Place was developed by TANJONG PROPERTIES PTE LTD, designed by ARCHURBAN ARCHITECTS PLANNERS, with 437 units over up to 20 storeys.
- Developer
- TANJONG PROPERTIES PTE LTD
- Architect
- ARCHURBAN ARCHITECTS PLANNERS
- Main contractor
- WOH HUP (PRIVATE) LIMITED
- Floors
- 20 storeys
- Blocks
- 5
- Land area
- 19,126 sqm (205,870 sqft)
- Gross floor area
- 53,552 sqm (576,428 sqft)
- Plot ratio
- 2.80
How far is Water Place from MRT and schools?
The nearest MRT/LRT to Water Place is Tanjong Rhu MRT, about 94 m away (~2 min walk).
Getting around
- Tanjong Rhu MRT94 m · ~2 min
- Stadium MRT731 m · ~11 min
Schools nearby
- Dunman High SchoolMixed-level school1.2 km
- Broadrick Secondary SchoolSecondary school1.9 km
Shops, food & parks
Straight-line distances from the development. Source: PropKaki amenities data.
What facilities does Water Place have?
Water Place has 13 facilities, including Aerobic pool, Barbeque Area, Covered car park, Fitness corner, and more.
What does it cost to own a unit at Water Place?
Buying a unit at Water Place (~S$2.38M) needs about S$17,422/mo in income and S$8,015/mo in repayments, after S$88,600 stamp duty and a S$595k downpayment.
Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$2.38M) 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$88,600
BSD, tiered
Downpayment (25%)
S$595k
cash + CPF
Monthly instalment
S$8,015/mo
30y @ 3.5%
Income required
S$17,422/mo
TDSR @ stress rate
Weighing it up as an investment? Gauge the odds with the profitability model, or read how to tell if a condo is profitable →
Thinking about Water Place? Ask before you commit.
A fair-value read, recent comps and what a unit really costs — from Water Place's own transactions.
PropKakiRecent units at Water Place sold close to their fair value — solid, no obvious overpay.
Frequently asked questions about Water Place
How much does a unit at Water Place cost?⌄
Units at Water Place have recently transacted around S$2.38M (S$1,915 psf), from 975 sales on record (URA caveats). The exact price depends on size, floor and facing.
How much do I need to earn to buy at Water Place?⌄
For a unit around S$2.38M as a first home, you'd need roughly S$17,422/mo in income (assessed at the stress-test rate), with repayments near S$8,015/mo after a S$595k (25%) downpayment and S$88,600 Buyer's Stamp Duty.
Is Water Place a good investment?⌄
Gross rental yield is about 2.2%, and current asking prices sit about 7% above the most recent transacted PSF; median PSF has risen about 64% since 2017. Whether it suits you depends on your budget, holding period and the unit's size, floor and facing — all summarised on this page from URA data.
Are prices at Water Place going up?⌄
The median transacted PSF at Water Place has risen about 64% between 2017 and 2026, based on URA caveats. Year-by-year figures are in the price-trend table above.
Is Water Place freehold or leasehold?⌄
Water Place is 99-year, with approximately 71 years remaining on the lease.
When was Water Place built and who developed it?⌄
Water Place obtained TOP in 2004, developed by TANJONG PROPERTIES PTE LTD, with 437 units across 5 blocks.
How many units are for sale at Water Place?⌄
There are 40 units for sale at Water Place, from S$1.35M to S$3.10M.
What is the nearest MRT to Water Place?⌄
The nearest MRT/LRT station to Water Place is Tanjong Rhu MRT, about 94 m away (~2 min walk).