99-yearOCRDistrict 19 (Punggol)

Waterbay

Reviewed by Nathan TangUpdated 24 September 2026Data through Aug 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 578 transactions on record, units have recently transacted around S$1.69M (S$1,535 psf, ~1,098 sqft). There are 29 units for sale from S$1.20M to S$2.96M. The lease has approximately 85 years remaining.

Key facts about Waterbay
Tenure99-year leasehold from 2012 (≈85 years left)
TOP year2016
DeveloperQINGJIAN REALTY (EDGEFIELD PLAINS) PTE LTD
Units383 in 7 blocks
District and areaDistrict 19 · Punggol · OCR
Nearest MRTCove LRT, 312 m (~5 min walk)
Latest median psfS$1,535 psf, last 12 URA caveats to Aug 2026
1

What's for sale and for rent at Waterbay?

Key Takeaway

Waterbay has 29 units listed for sale, asking S$1.20M to S$2.96M (median S$1,636 psf), and 15 units for rent at a median of S$1,100 a month.

For sale

29 listings

S$1.20M – S$2.96M

For rent

15 listings

S$950 – S$3,500 a month

BedroomsFor saleAsking priceMedian PSF
2-bedroom2S$1.20M–S$1.25MS$1,660 psf
3-bedroom12S$1.70M–S$1.90MS$1,575 psf
4-bedroom15S$1.97M–S$2.96MS$1,466 psf

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

2

What are the floor plans and unit sizes at Waterbay?

Key Takeaway

Floor plans for Waterbay aren't in PropKaki's library yet. Across 578 URA caveats, units range from 753 sqft to 2,669 sqft, and the middle half are 1,098 sqft to 1,259 sqft.

Unit typeSizes listed for saleAsking from
2-bedroom753 sqftS$1.20M · S$1,660 psf
3-bedroom1,076 sqft to 1,399 sqftS$1.70M · S$1,575 psf
4-bedroom1,141 sqft to 2,304 sqftS$1.97M · S$1,466 psf

Check the Floor Plan Finder for Waterbay →

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

3

What is the price and PSF at Waterbay?

Key Takeaway

Units have recently transacted around S$1.69M (S$1,535 psf), at a gross rental yield of about 2.9% (URA caveat data).

Recent median price

S$1.69M

recent · 578 sales on record

Median PSF

S$1,535 psf

recent transactions

Median rent (monthly)

S$4,077

111 rentals on record

Gross rental yield

2.9%

indicative, gross

Units currently for sale are asking a median of S$1,636 psf — about 7% above the most recent transacted PSF.

Source: URA caveat data, through Aug 2026.

4

What has recently sold at Waterbay?

Key Takeaway

Waterbay has 578 recorded sales; the most recent transacted at S$1,600,000 in Aug 2026 (URA caveat data).

DatePriceSize (sqft)PSF
Aug 2026S$1,600,0001,098S$1,457 psf
Aug 2026S$1,108,800753S$1,472 psf
Jul 2026S$1,750,0001,098S$1,594 psf
Jul 2026S$1,685,0001,098S$1,535 psf
Jun 2026S$1,685,0001,098S$1,535 psf
May 2026S$1,105,000753S$1,467 psf
May 2026S$1,678,8881,098S$1,529 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

578 sales and 111 rentals on record since Feb 2012. Source: URA.

5

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$1.68M18+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.

6

Is Waterbay a good investment?

Key Takeaway

Of 207 units at Waterbay that were bought and later resold (bought from 2012, resold up to 2026), 100% sold for more than they were bought for, with a median gain of 44% over a median 8.4-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 2.9%. Units listed now ask about 7% 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

100%

of 207 resales here

Median gain

44%

gross, before costs

Median hold

8.4 years

bought to resold

Every unit at Waterbay 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 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

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.

9

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
10

What does it cost to own a unit at Waterbay?

Key Takeaway

Buying a unit at Waterbay (~S$1.69M) needs about S$12,335/mo in income and S$5,675/mo in repayments, after S$53,850 stamp duty and a S$421k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$1.69M) 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$53,850

BSD, tiered

Downpayment (25%)

S$421k

cash + CPF

Monthly instalment

S$5,675/mo

30y @ 3.5%

Income required

S$12,335/mo

TDSR @ stress rate

Read how to tell if a condo is profitable →

11

How many property agents are active around Waterbay?

Key Takeaway

11,112 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

11,112

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 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…
12

Frequently asked questions about Waterbay

Is Waterbay freehold?

No. Waterbay is on a 99-year lease that started in 2012, with about 85 years left.

How old is Waterbay?

Waterbay was completed (obtained TOP) in 2016, so it is about 10 years old.

Is Waterbay a good investment?

Of 207 units at Waterbay that were bought and later resold (bought from 2012, resold up to 2026), 100% sold for more than they were bought for, with a median gain of 44% over a median 8.4-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 2.9%. Units listed now ask about 7% more per square foot than recent sales. Past resale results don't predict future returns, and this is not financial advice.

Is Waterbay an EC?

Yes. Waterbay is an executive condominium (EC).

Who is the developer of Waterbay?

Waterbay was developed by QINGJIAN REALTY (EDGEFIELD PLAINS) PTE LTD.

What is the price of a condo at Waterbay?

Units at Waterbay have recently sold for around S$1.69M (S$1,535 psf), the median of the last 12 URA caveats to Aug 2026. The price depends on size, floor and facing. 29 units are listed for sale from S$1.20M to S$2.96M.

Where is Waterbay located?

Waterbay is at 47A Edgefield Plains, Singapore 828709, in Punggol (District 19). The nearest MRT station is Cove LRT, about 312 m away.

How many units are there in Waterbay?

Waterbay has 383 units in 7 blocks, up to 17 storeys high.

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

For a unit around S$1.69M as a first home, you'd need roughly S$12,335/mo in income (assessed at the stress-test rate), with repayments near S$5,675/mo after a S$421k (25%) downpayment and S$53,850 Buyer's Stamp Duty.

Are prices at Waterbay going up?

The median price per square foot at Waterbay has risen about 100% between 2012 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 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 get priority in Primary 1 (P1) registration.