99-yearOCRDistrict 16 (Bedok)

Waterfront Key

Reviewed by Nathan TangUpdated 10 August 2026Data through Jun 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 693 transactions on record, units have recently transacted around S$2.17M (S$1,715 psf, ~1,216 sqft). There are 34 units for sale from S$1.48M to S$2.95M. The lease has approximately 80 years remaining.

1

What are the key facts about Waterfront Key?

Key Takeaway

Waterfront Key is a 99-year condominium in District 16 (Bedok) that obtained TOP in 2012, with 437 units across 6 blocks.

Tenure
99-year
TOP / Completion
2012
Developer
FCL PEAK PTE LTD
Total units
437
Blocks
6
District / Area
District 16 (Bedok)
Market segment
OCR
Median PSF
S$1,715 psf
Last transacted
Jun 2026
Remaining lease
≈ 80 years
2

What is the price and PSF at Waterfront Key?

Key Takeaway

Units have recently transacted around S$2.17M (S$1,715 psf), at a gross rental yield of about 1.9% (URA caveat data).

Recent median price

S$2.17M

recent · 693 sales on record

Median PSF

S$1,715 psf

recent transactions

Median rent (monthly)

S$3,443

938 rentals on record

Gross rental yield

1.9%

indicative, gross

Units currently for sale are asking a median of S$1,866 psf — about 9% above the most recent transacted PSF.

Source: URA caveat data, through Jun 2026.

3

What has recently sold at Waterfront Key?

Key Takeaway

Waterfront Key has 693 recorded sales; the most recent transacted at S$2,200,000 in Jun 2026 (URA caveat data).

DatePriceSize (sqft)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
Jul 2025S$2,403,2881,313S$1,830 psf
Jun 2025S$1,550,000904S$1,714 psf

693 sales and 938 rentals on record since Jul 2009. Source: URA.

4

Are prices at Waterfront Key rising?

Key Takeaway

The median transacted PSF at Waterfront Key has risen 69% over the past 9 years (20172026), from S$1,032 psf to S$1,746 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2026S$1,746 psfS$2.17M5+1.4%
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.

5

How many property agents are active around Waterfront Key?

Key Takeaway

7,517 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

7,517

District 16 · closed ≥1 deal

Deals on record

34,084

all-time · all property types

Source: CEA public transaction records, attributed to District 16across 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 Waterfront Key?

Key Takeaway

Waterfront Key has 34 units listed for sale, spanning 2–4-bedroom layouts.

Based on units currently listed for sale.

BedroomsFor salePrice rangeMedian PSF
2-bedroom11S$1.48M–S$1.85MS$1,580 psf
3-bedroom16S$2.28M–S$2.52MS$1,866 psf
4-bedroom7S$2.40M–S$2.95MS$2,046 psf
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

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
9

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.

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$2.17M) needs about S$15,877/mo in income and S$7,304/mo in repayments, after S$78,044 stamp duty and a S$542k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$2.17M) 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$78,044

BSD, tiered

Downpayment (25%)

S$542k

cash + CPF

Monthly instalment

S$7,304/mo

30y @ 3.5%

Income required

S$15,877/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 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…
12

Frequently asked questions about Waterfront Key

How much does a unit at Waterfront Key cost?

Units at Waterfront Key have recently transacted around S$2.17M (S$1,715 psf), from 693 sales on record (URA caveats). The exact price depends on size, floor and facing.

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

For a unit around S$2.17M as a first home, you'd need roughly S$15,877/mo in income (assessed at the stress-test rate), with repayments near S$7,304/mo after a S$542k (25%) downpayment and S$78,044 Buyer's Stamp Duty.

Is Waterfront Key a good investment?

Gross rental yield is about 1.9%, and current asking prices sit about 9% above the most recent transacted PSF; median PSF has risen about 69% 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 Waterfront Key going up?

The median transacted PSF at Waterfront Key has risen about 69% between 2017 and 2026, based on URA caveats. Year-by-year figures are in the price-trend table above.

Is Waterfront Key freehold or leasehold?

Waterfront Key is 99-year, with approximately 80 years remaining on the lease.

When was Waterfront Key built and who developed it?

Waterfront Key obtained TOP in 2012, developed by FCL PEAK PTE LTD, with 437 units across 6 blocks.

How many units are for sale at Waterfront Key?

There are 34 units for sale at Waterfront Key, from S$1.48M to S$2.95M.

What is the nearest MRT to Waterfront Key?

The nearest MRT/LRT station to Waterfront Key is Bedok Reservoir MRT, about 186 m away (~3 min walk).

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 qualify for Primary 1 (P1) registration priority.

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