99-yearOCRDistrict 19 (Punggol)

Waterbay

Reviewed by Nathan TangUpdated 10 August 2026Data through Jun 2026 (URA)
Quick Summary

Waterbay is a 99-year executive condominium in District 19 (Punggol) that obtained TOP in 2016, with 383 units across 7 blocks. Across 574 transactions on record, units have recently transacted around S$1.68M (S$1,507 psf, ~1,098 sqft). There are 10 units for sale from S$1.80M to S$2.95M. The lease has approximately 85 years remaining.

1

What are the key facts about Waterbay?

Key Takeaway

Waterbay is a 99-year executive condominium in District 19 (Punggol) that obtained TOP in 2016, with 383 units across 7 blocks.

Tenure
99-year
TOP / Completion
2016
Developer
QINGJIAN REALTY (EDGEFIELD PLAINS) PTE LTD
Total units
383
Blocks
7
District / Area
District 19 (Punggol)
Market segment
OCR
Median PSF
S$1,507 psf
Last transacted
Jun 2026
Remaining lease
≈ 85 years
2

What is the price and PSF at Waterbay?

Key Takeaway

Units have recently transacted around S$1.68M (S$1,507 psf), at a gross rental yield of about 2.9% (URA caveat data).

Recent median price

S$1.68M

recent · 574 sales on record

Median PSF

S$1,507 psf

recent transactions

Median rent (monthly)

S$4,076

110 rentals on record

Gross rental yield

2.9%

indicative, gross

Source: URA caveat data, through Jun 2026.

3

What has recently sold at Waterbay?

Key Takeaway

Waterbay has 574 recorded sales; the most recent transacted at S$1,685,000 in Jun 2026 (URA caveat data).

DatePriceSize (sqft)PSF
Jun 2026S$1,685,0001,098S$1,535 psf
May 2026S$1,678,8881,098S$1,529 psf
May 2026S$1,105,000753S$1,467 psf
May 2026S$2,070,0001,259S$1,644 psf
Apr 2026S$2,060,0001,259S$1,636 psf
Apr 2026S$2,200,0001,410S$1,560 psf
Apr 2026S$2,158,0001,496S$1,442 psf
Apr 2026S$1,955,0001,259S$1,552 psf
Apr 2026S$1,620,0001,098S$1,476 psf
Apr 2026S$1,620,0001,076S$1,505 psf
Apr 2026S$1,655,0001,098S$1,507 psf
Apr 2026S$1,650,0001,098S$1,503 psf

574 sales and 110 rentals on record since Feb 2012. Source: URA.

4

Are prices at Waterbay rising?

Key Takeaway

The median transacted PSF at Waterbay has risen 100% over the past 14 years (20122026), from S$753 psf to S$1,505 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2026S$1,505 psfS$1.68M14+3.6%
2025S$1,453 psfS$1.72M21+4.2%
2024S$1,394 psfS$1.56M27+11.9%
2023S$1,246 psfS$1.59M20+7.7%
2022S$1,157 psfS$1.38M29+15.5%
2021S$1,002 psfS$1.11M100+4.9%
2020S$955 psfS$1.06M3+27.5%
2014S$749 psfS$875k4+1.1%
2013S$741 psfS$843k241-1.6%
2012S$753 psfS$862k114

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

5

How many property agents are active around Waterbay?

Key Takeaway

11,111 CEA-registered agents closed at least one recorded deal in District 19 — where Waterbay sits — in the last 12 months, across all property types.

Active agents · 12mo

11,111

District 19 · closed ≥1 deal

Deals on record

72,282

all-time · all property types

Source: CEA public transaction records, attributed to District 19across HDB, condo and landed (agent activity isn't published at project level). Browse the agent directory or compare every market segment.

6

What bedroom types are available at Waterbay?

Key Takeaway

Waterbay has 10 units listed for sale, spanning 3–4-bedroom layouts.

Based on units currently listed for sale.

BedroomsFor salePrice rangeMedian PSF
3-bedroom3S$1.80M–S$1.80M
4-bedroom7S$1.98M–S$2.95M
7

Where is Waterbay and what's nearby?

Key Takeaway

Waterbay is located in Punggol, in the North-East Region of Singapore.

Waterbay is a 99-year executive condominium completed in 2016. It was developed by QINGJIAN REALTY (EDGEFIELD PLAINS) PTE LTD. The development has 383 residential units. It sits on a land area of 13,232 sqm and has a gross floor area of 39,696 sqm. The plot ratio is 3.0.

WATERBAY is located at 47A Edgefield Plains, Singapore 828709. It is part of District 19, Serangoon Garden / Hougang / Punggol, Punggol. The project falls within the North-East Region and the OCR market segment.

The nearest rail connection is Cove LRT, approximately 312m away, around 5 minutes on foot. Nearby amenities include Waterway Point for shopping, COLD STORAGE SINGAPORE (1983) PTE LTD for groceries, and One Punggol Hawker Centre for food options.

8

Who built Waterbay and how big is the development?

Key Takeaway

Waterbay was developed by QINGJIAN REALTY (EDGEFIELD PLAINS) PTE LTD, designed by ADDP ARCHITECTS LLP, with 383 units over up to 17 storeys.

Developer
QINGJIAN REALTY (EDGEFIELD PLAINS) PTE LTD
Architect
ADDP ARCHITECTS LLP
Main contractor
QINGJIAN INTERNATIONAL (SOUTH PACIFIC) GROUP DEVT CO PTE LTD
Floors
17 storeys
Blocks
7
Land area
13,232 sqm (142,428 sqft)
Gross floor area
39,696 sqm (427,284 sqft)
Plot ratio
3.00
9

How far is Waterbay from MRT and schools?

Key Takeaway

The nearest MRT/LRT to Waterbay is Cove LRT, about 312 m away (~5 min walk). 10 schools are within 1 km, including 7 primary schools.

Getting around

Schools nearby

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

  • Edgefield Primary SchoolPrimary schoolwithin 1 km · P1 priority119 m
  • Punggol Secondary SchoolSecondary schoolwithin 1 km163 m
  • Oasis Primary SchoolPrimary schoolwithin 1 km · P1 priority515 m
  • Punggol View Primary SchoolPrimary schoolwithin 1 km · P1 priority552 m
  • Edgefield Secondary SchoolSecondary schoolwithin 1 km602 m
  • Greendale Secondary SchoolSecondary schoolwithin 1 km615 m
  • Horizon Primary SchoolPrimary schoolwithin 1 km · P1 priority618 m
  • Greendale Primary SchoolPrimary schoolwithin 1 km · P1 priority701 m

Shops, food & parks

Mall: Waterway Point · 891 mSupermarket: Cold Storage Singapore (1983) Pte Ltd · 282 mHawker centre: One Punggol Hawker Centre · 905 m

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

10

What does it cost to own a unit at Waterbay?

Key Takeaway

Buying a unit at Waterbay (~S$1.68M) needs about S$12,290/mo in income and S$5,654/mo in repayments, after S$53,544 stamp duty and a S$420k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$1.68M) 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$53,544

BSD, tiered

Downpayment (25%)

S$420k

cash + CPF

Monthly instalment

S$5,654/mo

30y @ 3.5%

Income required

S$12,290/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 →

Keep going in the PropKaki app

Thinking about Waterbay? Ask before you commit.

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

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

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

Ask anything about Singapore property…
11

Frequently asked questions about Waterbay

How much does a unit at Waterbay cost?

Units at Waterbay have recently transacted around S$1.68M (S$1,507 psf), from 574 sales on record (URA caveats). The exact price depends on size, floor and facing.

How much do I need to earn to buy at Waterbay?

For a unit around S$1.68M as a first home, you'd need roughly S$12,290/mo in income (assessed at the stress-test rate), with repayments near S$5,654/mo after a S$420k (25%) downpayment and S$53,544 Buyer's Stamp Duty.

Is Waterbay a good investment?

Gross rental yield is about 2.9%; median PSF has risen about 100% since 2012. 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 Waterbay going up?

The median transacted PSF at Waterbay has risen about 100% between 2012 and 2026, based on URA caveats. Year-by-year figures are in the price-trend table above.

Is Waterbay freehold or leasehold?

Waterbay is 99-year, with approximately 85 years remaining on the lease.

When was Waterbay built and who developed it?

Waterbay obtained TOP in 2016, developed by QINGJIAN REALTY (EDGEFIELD PLAINS) PTE LTD, with 383 units across 7 blocks.

How many units are for sale at Waterbay?

There are 10 units for sale at Waterbay, from S$1.80M to S$2.95M.

What is the nearest MRT to Waterbay?

The nearest MRT/LRT station to Waterbay is Cove LRT, about 312 m away (~5 min walk).

Which primary schools are within 1 km of Waterbay?

Edgefield Primary School, Oasis Primary School, Punggol View Primary School, Horizon Primary School are within 1 km of Waterbay — homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

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