99-yearOCRDistrict 16 (Bedok)

Waterfront Key

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

Waterfront Key is a 99-year condominium in District 16 (Bedok) that obtained TOP in 2012, with 437 units across 6 blocks. Across 695 transactions on record, units have recently transacted around S$2.18M (S$1,727 psf, ~1,216 sqft). There are 25 units for sale from S$1.48M to S$2.55M. The lease has approximately 80 years remaining.

Key facts about Waterfront Key
Tenure99-year leasehold from 2007 (≈80 years left)
TOP year2012
DeveloperFCL PEAK PTE LTD
Units437 in 6 blocks
District and areaDistrict 16 · Bedok · OCR
Nearest MRTBedok Reservoir MRT, 186 m (~3 min walk)
Latest median psfS$1,727 psf, last 12 URA caveats to Aug 2026
1

What's for sale and for rent at Waterfront Key?

Key Takeaway

Waterfront Key has 25 units listed for sale, asking S$1.48M to S$2.55M (median S$1,739 psf), and 13 units for rent at a median of S$5,500 a month.

For sale

25 listings

S$1.48M – S$2.55M

For rent

13 listings

S$4,400 – S$6,999 a month

BedroomsFor saleAsking priceMedian PSF
2-bedroom14S$1.48M–S$1.85MS$1,736 psf
3-bedroom11S$2.28M–S$2.55MS$1,960 psf

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

2

What are the floor plans and unit sizes at Waterfront Key?

Key Takeaway

Floor plans for Waterfront Key aren't in PropKaki's library yet. Across 695 URA caveats, units range from 829 sqft to 3,035 sqft, and the middle half are 1,033 sqft to 1,442 sqft.

Unit typeSizes listed for saleAsking from
2-bedroom850 sqft to 1,076 sqftS$1.48M · S$1,736 psf
3-bedroom1,163 sqft to 1,227 sqftS$2.28M · S$1,960 psf

Check the Floor Plan Finder for Waterfront Key →

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

3

What is the price and PSF at Waterfront Key?

Key Takeaway

Units have recently transacted around S$2.18M (S$1,727 psf), at a gross rental yield of about 1.9% (URA caveat data).

Recent median price

S$2.18M

recent · 695 sales on record

Median PSF

S$1,727 psf

recent transactions

Median rent (monthly)

S$3,449

948 rentals on record

Gross rental yield

1.9%

indicative, gross

Units currently for sale are asking a median of S$1,739 psf.

Source: URA caveat data, through Aug 2026.

4

What has recently sold at Waterfront Key?

Key Takeaway

Waterfront Key has 695 recorded sales; the most recent transacted at S$2,850,000 in Aug 2026 (URA caveat data).

DatePriceSize (sqft)PSF
Aug 2026S$2,850,0001,518S$1,878 psf
Jul 2026S$2,368,0001,313S$1,803 psf
Jun 2026S$2,200,0001,216S$1,809 psf
Jun 2026S$2,168,8881,173S$1,849 psf
Apr 2026S$1,400,000840S$1,667 psf
Apr 2026S$2,180,0001,249S$1,746 psf
Feb 2026S$2,068,0001,206S$1,715 psf
Oct 2025S$2,100,0001,216S$1,727 psf
Oct 2025S$2,018,0001,216S$1,659 psf
Sept 2025S$2,460,0001,442S$1,706 psf
Aug 2025S$2,270,0001,324S$1,715 psf
Jul 2025S$2,880,0001,518S$1,898 psf

695 sales and 948 rentals on record since Jul 2009. Source: URA.

5

Are prices at Waterfront Key rising?

Key Takeaway

The median transacted PSF at Waterfront Key has risen 75% over the past 9 years (20172026), from S$1,032 psf to S$1,803 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2026S$1,803 psfS$2.18M7+4.7%
2025S$1,722 psfS$2.15M14+4.2%
2024S$1,652 psfS$2.16M12+10.6%
2023S$1,494 psfS$1.77M15+9.5%
2022S$1,364 psfS$1.46M22+14.4%
2021S$1,192 psfS$1.50M30+2.5%
2020S$1,163 psfS$1.60M18-1.4%
2019S$1,179 psfS$1.41M12-0.1%
2018S$1,180 psfS$1.44M23+14.3%
2017S$1,032 psfS$1.27M19

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

6

Is Waterfront Key a good investment?

Key Takeaway

Of 284 units at Waterfront Key that were bought and later resold (bought from 2009, resold up to 2026), 97% sold for more than they were bought for, with a median gain of 35% over a median 6.0-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 1.9%. Past resale results don't predict future returns, and this is not financial advice.

Sold for more than bought

97%

of 284 resales here

Median gain

35%

gross, before costs

Median hold

6.0 years

bought to resold

Every unit at Waterfront Key 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 Waterfront Key and what's nearby?

Key Takeaway

Waterfront Key is located in Bedok, in the East Region of Singapore.

Waterfront Key is a 99-year condominium completed in 2012. It was developed by FCL PEAK PTE LTD. The development has 437 residential units. It sits on a land area of 19,336 sqm and has a gross floor area of 48,341 sqm. The plot ratio is 2.5.

WATERFRONT KEY is located at 772 Bedok Reservoir Road, Singapore 479250. It is part of District 16, Bedok / Upper East Coast, Bedok. The project falls within the East Region and the OCR market segment.

The nearest rail connection is Bedok Reservoir MRT, approximately 186m away, around 3 minutes on foot. Nearby amenities include Bedok Mall for shopping, COLD STORAGE SINGAPORE (1983) PTE LTD for groceries, Blk 511 Bedok North Street 3 for food options, and Bedok Town Pk for greenery and recreation. Facilities in the development include Covered car park, Clubhouse, Fitness corner, Fun pool, Jacuzzi, and Jogging track.

8

How far is Waterfront Key from MRT and schools?

Key Takeaway

The nearest MRT/LRT to Waterfront Key is Bedok Reservoir MRT, about 186 m away (~3 min walk). 5 schools are within 1 km, including 3 primary schools.

Getting around

Schools nearby

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

  • Damai Secondary SchoolSecondary schoolwithin 1 km396 m
  • Yu Neng Primary SchoolPrimary schoolwithin 1 km · P1 priority398 m
  • Bedok Green Secondary SchoolSecondary schoolwithin 1 km568 m
  • Red Swastika SchoolPrimary schoolwithin 1 km · P1 priority596 m
  • Fengshan Primary SchoolPrimary schoolwithin 1 km · P1 priority824 m
  • Damai Primary SchoolPrimary school1.1 km
  • St. Anthony's Canossian Primary SchoolPrimary school1.2 km
  • St. Anthony's Canossian Secondary SchoolSecondary school1.3 km

Shops, food & parks

Mall: Bedok Mall · 1.4 kmSupermarket: Cold Storage Singapore (1983) Pte Ltd · 446 mHawker centre: Blk 511 Bedok North Street 3 · 436 mPark: Bedok Town Pk · 791 m

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

9

Who built Waterfront Key and how big is the development?

Key Takeaway

Waterfront Key was developed by FCL PEAK PTE LTD, designed by DP ARCHITECTS PTE LTD, with 437 units over up to 15 storeys.

Developer
FCL PEAK PTE LTD
Architect
DP ARCHITECTS PTE LTD
Main contractor
DEENN ENGINEERING PTE LTD
Floors
15 storeys
Blocks
6
Land area
19,336 sqm (208,131 sqft)
Gross floor area
48,341 sqm (520,338 sqft)
Plot ratio
2.50
10

What facilities does Waterfront Key have?

Key Takeaway

Waterfront Key has 16 facilities, including Covered car park, Clubhouse, Fitness corner, Fun pool, and more.

Covered car parkClubhouseFitness cornerFun poolJacuzziJogging trackLap poolLoungePlaygroundReflexology Path24 hours securitySpa poolSteam bathSwimming poolTennis courtsWading pool
11

What does it cost to own a unit at Waterfront Key?

Key Takeaway

Buying a unit at Waterfront Key (~S$2.18M) needs about S$15,958/mo in income and S$7,342/mo in repayments, after S$78,600 stamp duty and a S$545k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$2.18M) 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$78,600

BSD, tiered

Downpayment (25%)

S$545k

cash + CPF

Monthly instalment

S$7,342/mo

30y @ 3.5%

Income required

S$15,958/mo

TDSR @ stress rate

Read how to tell if a condo is profitable →

12

How many property agents are active around Waterfront Key?

Key Takeaway

7,518 CEA-registered agents closed at least one recorded deal in District 16 — where Waterfront Key sits — in the last 12 months, across all property types.

Active agents · 12mo

7,518

District 16 · closed ≥1 deal

Deals on record

34,135

all-time · all property types

Source: CEA public transaction records, attributed to District 16 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 Waterfront Key? Ask before you commit.

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

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

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

Ask anything about Singapore property…
13

Frequently asked questions about Waterfront Key

Is Waterfront Key freehold?

No. Waterfront Key is on a 99-year lease that started in 2007, with about 80 years left.

How old is Waterfront Key?

Waterfront Key was completed (obtained TOP) in 2012, so it is about 14 years old.

Is Waterfront Key a good investment?

Of 284 units at Waterfront Key that were bought and later resold (bought from 2009, resold up to 2026), 97% sold for more than they were bought for, with a median gain of 35% over a median 6.0-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 1.9%. Past resale results don't predict future returns, and this is not financial advice.

Is Waterfront Key an EC?

No. Waterfront Key is a private condominium, not an executive condominium (EC).

Who is the developer of Waterfront Key?

Waterfront Key was developed by FCL PEAK PTE LTD.

What is the price of a condo at Waterfront Key?

Units at Waterfront Key have recently sold for around S$2.18M (S$1,727 psf), the median of the last 12 URA caveats to Aug 2026. The price depends on size, floor and facing. 25 units are listed for sale from S$1.48M to S$2.55M.

Where is Waterfront Key located?

Waterfront Key is at 772 Bedok Reservoir Road, Singapore 479250, in Bedok (District 16). The nearest MRT station is Bedok Reservoir MRT, about 186 m away.

How many units are there in Waterfront Key?

Waterfront Key has 437 units in 6 blocks, up to 15 storeys high.

How much do I need to earn to buy at Waterfront Key?

For a unit around S$2.18M as a first home, you'd need roughly S$15,958/mo in income (assessed at the stress-test rate), with repayments near S$7,342/mo after a S$545k (25%) downpayment and S$78,600 Buyer's Stamp Duty.

Are prices at Waterfront Key going up?

The median price per square foot at Waterfront Key has risen about 75% 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 Waterfront Key?

Yu Neng Primary School, Red Swastika School, Fengshan Primary School are within 1 km of Waterfront Key. Homes within 1 km of a primary school get priority in Primary 1 (P1) registration.