99-yearOCRDistrict 16 (Bedok)

Waterfront Waves

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

Waterfront Waves is a 99-year condominium in District 16 (Bedok) that obtained TOP in 2011, with 405 units across 5 blocks. Across 666 transactions on record, units have recently transacted around S$2.20M (S$1,636 psf, ~1,324 sqft). There are 33 units for sale from S$1.53M to S$3.08M. The lease has approximately 80 years remaining.

Key facts about Waterfront Waves
Tenure99-year leasehold from 2007 (≈80 years left)
TOP year2011
DeveloperFCL PEAK PTE LTD
Units405 in 5 blocks
District and areaDistrict 16 · Bedok · OCR
Nearest MRTBedok Reservoir MRT, 222 m (~4 min walk)
Latest median psfS$1,636 psf, last 12 URA caveats to Jul 2026
1

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

Key Takeaway

Waterfront Waves has 33 units listed for sale, asking S$1.53M to S$3.08M (median S$1,692 psf), and 28 units for rent at a median of S$6,200 a month.

For sale

33 listings

S$1.53M – S$3.08M

For rent

28 listings

S$1,430 – S$6,500 a month

BedroomsFor saleAsking priceMedian PSF
2-bedroom14S$1.53M–S$1.78MS$1,639 psf
3-bedroom13S$2.10M–S$2.38MS$1,858 psf
4-bedroom6S$2.88M–S$3.08MS$1,844 psf

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

2

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

Key Takeaway

Floor plans for Waterfront Waves aren't in PropKaki's library yet. Across 666 URA caveats, units range from 969 sqft to 2,992 sqft, and the middle half are 1,259 sqft to 1,496 sqft.

Unit typeSizes listed for saleAsking from
2-bedroom969 sqft to 1,001 sqftS$1.53M · S$1,639 psf
3-bedroom1,248 sqft to 1,324 sqftS$2.10M · S$1,858 psf
4-bedroom1,517 sqft to 1,604 sqftS$2.88M · S$1,844 psf

Check the Floor Plan Finder for Waterfront Waves →

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

3

What is the price and PSF at Waterfront Waves?

Key Takeaway

Units have recently transacted around S$2.20M (S$1,636 psf), at a gross rental yield of about 2.0% (URA caveat data).

Recent median price

S$2.20M

recent · 666 sales on record

Median PSF

S$1,636 psf

recent transactions

Median rent (monthly)

S$3,586

724 rentals on record

Gross rental yield

2.0%

indicative, gross

Units currently for sale are asking a median of S$1,692 psf — about 3% above the most recent transacted PSF.

Source: URA caveat data, through Jul 2026.

4

What has recently sold at Waterfront Waves?

Key Takeaway

Waterfront Waves has 666 recorded sales; the most recent transacted at S$1,488,000 in Jul 2026 (URA caveat data).

DatePriceSize (sqft)PSF
Jul 2026S$1,488,000990S$1,503 psf
Jun 2026S$2,200,0001,324S$1,662 psf
Mar 2026S$1,550,000969S$1,600 psf
Mar 2026S$2,800,0001,572S$1,782 psf
Dec 2025S$2,280,0001,346S$1,695 psf
Dec 2025S$2,670,0001,572S$1,699 psf
Oct 2025S$2,258,1001,346S$1,678 psf
Oct 2025S$2,370,0001,518S$1,562 psf
Aug 2025S$2,300,0001,292S$1,781 psf
Jul 2025S$2,160,0001,346S$1,605 psf
Jun 2025S$2,080,0001,324S$1,571 psf
Jun 2025S$2,060,0001,259S$1,636 psf

666 sales and 724 rentals on record since Jan 2008. Source: URA.

5

Are prices at Waterfront Waves rising?

Key Takeaway

The median transacted PSF at Waterfront Waves has risen 51% over the past 9 years (20172026), from S$1,058 psf to S$1,600 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2026S$1,600 psfS$1.55M4-1.6%
2025S$1,626 psfS$2.25M15+4.5%
2024S$1,556 psfS$2.11M15+6.3%
2023S$1,464 psfS$1.85M11+16.7%
2022S$1,254 psfS$1.60M18+8.4%
2021S$1,157 psfS$1.50M29+3.2%
2020S$1,121 psfS$1.45M16+5.0%
2019S$1,068 psfS$1.07M7-5.7%
2018S$1,133 psfS$1.52M12+7.1%
2017S$1,058 psfS$1.30M17

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

6

Is Waterfront Waves a good investment?

Key Takeaway

Of 272 units at Waterfront Waves that were bought and later resold (bought from 2008, resold up to 2026), 97% sold for more than they were bought for, with a median gain of 34% over a median 5.9-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 2.0%. Units listed now ask about 3% 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

97%

of 272 resales here

Median gain

34%

gross, before costs

Median hold

5.9 years

bought to resold

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

Key Takeaway

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

Waterfront Waves is a 99-year condominium completed in 2011. It was developed by FCL PEAK PTE LTD. The development has 405 residential units. It sits on a land area of 19,239 sqm and has a gross floor area of 48,099 sqm. The plot ratio is 2.5.

WATERFRONT WAVES is located at 760 Bedok Reservoir Road, Singapore 479245. 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 222m away, around 4 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 Barbeque Area, Clubhouse, Gymnasium room, Jogging track, Lap pool, and Multi-purpose hall.

8

How far is Waterfront Waves from MRT and schools?

Key Takeaway

The nearest MRT/LRT to Waterfront Waves is Bedok Reservoir MRT, about 222 m away (~4 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 km354 m
  • Yu Neng Primary SchoolPrimary schoolwithin 1 km · P1 priority404 m
  • Bedok Green Secondary SchoolSecondary schoolwithin 1 km596 m
  • Red Swastika SchoolPrimary schoolwithin 1 km · P1 priority615 m
  • Fengshan Primary SchoolPrimary schoolwithin 1 km · P1 priority816 m
  • Damai Primary SchoolPrimary school1.0 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 · 439 mHawker centre: Blk 511 Bedok North Street 3 · 422 mPark: Bedok Town Pk · 747 m

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

9

Who built Waterfront Waves and how big is the development?

Key Takeaway

Waterfront Waves was developed by FCL PEAK PTE LTD, designed by DP ARCHITECTS PTE LTD, with 405 units over up to 15 storeys.

Developer
FCL PEAK PTE LTD
Architect
DP ARCHITECTS PTE LTD
Main contractor
HYTECH BUILDERS PTE LTD
Floors
15 storeys
Blocks
5
Land area
19,239 sqm (207,087 sqft)
Gross floor area
48,099 sqm (517,733 sqft)
Plot ratio
2.50
10

What facilities does Waterfront Waves have?

Key Takeaway

Waterfront Waves has 9 facilities, including Barbeque Area, Clubhouse, Gymnasium room, Jogging track, and more.

Barbeque AreaClubhouseGymnasium roomJogging trackLap poolMulti-purpose hallPlaygroundSteam bathTennis courts
11

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

Key Takeaway

Buying a unit at Waterfront Waves (~S$2.20M) needs about S$16,105/mo in income and S$7,409/mo in repayments, after S$79,600 stamp duty and a S$550k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$2.20M) 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$79,600

BSD, tiered

Downpayment (25%)

S$550k

cash + CPF

Monthly instalment

S$7,409/mo

30y @ 3.5%

Income required

S$16,105/mo

TDSR @ stress rate

Read how to tell if a condo is profitable →

12

How many property agents are active around Waterfront Waves?

Key Takeaway

7,518 CEA-registered agents closed at least one recorded deal in District 16 — where Waterfront Waves 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 Waves? Ask before you commit.

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

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

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

Ask anything about Singapore property…
13

Frequently asked questions about Waterfront Waves

Is Waterfront Waves freehold?

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

How old is Waterfront Waves?

Waterfront Waves was completed (obtained TOP) in 2011, so it is about 15 years old.

Is Waterfront Waves a good investment?

Of 272 units at Waterfront Waves that were bought and later resold (bought from 2008, resold up to 2026), 97% sold for more than they were bought for, with a median gain of 34% over a median 5.9-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 2.0%. Units listed now ask about 3% more per square foot than recent sales. Past resale results don't predict future returns, and this is not financial advice.

Is Waterfront Waves an EC?

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

Who is the developer of Waterfront Waves?

Waterfront Waves was developed by FCL PEAK PTE LTD.

What is the price of a condo at Waterfront Waves?

Units at Waterfront Waves have recently sold for around S$2.20M (S$1,636 psf), the median of the last 12 URA caveats to Jul 2026. The price depends on size, floor and facing. 33 units are listed for sale from S$1.53M to S$3.08M.

Where is Waterfront Waves located?

Waterfront Waves is at 760 Bedok Reservoir Road, Singapore 479245, in Bedok (District 16). The nearest MRT station is Bedok Reservoir MRT, about 222 m away.

How many units are there in Waterfront Waves?

Waterfront Waves has 405 units in 5 blocks, up to 15 storeys high.

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

For a unit around S$2.20M as a first home, you'd need roughly S$16,105/mo in income (assessed at the stress-test rate), with repayments near S$7,409/mo after a S$550k (25%) downpayment and S$79,600 Buyer's Stamp Duty.

Are prices at Waterfront Waves going up?

The median price per square foot at Waterfront Waves has risen about 51% 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 Waves?

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