99-yearOCRDistrict 16 (Bedok)

Waterfront Waves

Reviewed by Nathan TangUpdated 10 August 2026Data through Jun 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 665 transactions on record, units have recently transacted around S$2.25M (S$1,662 psf, ~1,324 sqft). There are 30 units for sale from S$1.53M to S$3.08M. The lease has approximately 80 years remaining.

1

What are the key facts about Waterfront Waves?

Key Takeaway

Waterfront Waves is a 99-year condominium in District 16 (Bedok) that obtained TOP in 2011, with 405 units across 5 blocks.

Tenure
99-year
TOP / Completion
2011
Developer
FCL PEAK PTE LTD
Total units
405
Blocks
5
District / Area
District 16 (Bedok)
Market segment
OCR
Median PSF
S$1,662 psf
Last transacted
Jun 2026
Remaining lease
≈ 80 years
2

What is the price and PSF at Waterfront Waves?

Key Takeaway

Units have recently transacted around S$2.25M (S$1,662 psf), at a gross rental yield of about 1.9% (URA caveat data).

Recent median price

S$2.25M

recent · 665 sales on record

Median PSF

S$1,662 psf

recent transactions

Median rent (monthly)

S$3,584

721 rentals on record

Gross rental yield

1.9%

indicative, gross

Units currently for sale are asking a median of S$1,682 psf.

Source: URA caveat data, through Jun 2026.

3

What has recently sold at Waterfront Waves?

Key Takeaway

Waterfront Waves has 665 recorded sales; the most recent transacted at S$2,200,000 in Jun 2026 (URA caveat data).

DatePriceSize (sqft)PSF
Jun 2026S$2,200,0001,324S$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
Jun 2025S$2,250,0001,270S$1,771 psf

665 sales and 721 rentals on record since Jan 2008. Source: URA.

4

Are prices at Waterfront Waves rising?

Key Takeaway

The median transacted PSF at Waterfront Waves has risen 57% over the past 9 years (20172026), from S$1,058 psf to S$1,662 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2026S$1,662 psfS$2.20M3+2.2%
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.

5

How many property agents are active around Waterfront Waves?

Key Takeaway

7,517 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

7,517

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 Waves?

Key Takeaway

Waterfront Waves has 30 units listed for sale, spanning 2–4-bedroom layouts.

Based on units currently listed for sale.

BedroomsFor salePrice rangeMedian PSF
2-bedroom14S$1.53M–S$1.78MS$1,545 psf
3-bedroom15S$2.10M–S$2.38MS$1,730 psf
4-bedroom1S$3.08M–S$3.08M
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

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
9

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.

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$2.25M) needs about S$16,471/mo in income and S$7,578/mo in repayments, after S$82,100 stamp duty and a S$563k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$2.25M) 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$82,100

BSD, tiered

Downpayment (25%)

S$563k

cash + CPF

Monthly instalment

S$7,578/mo

30y @ 3.5%

Income required

S$16,471/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 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…
12

Frequently asked questions about Waterfront Waves

How much does a unit at Waterfront Waves cost?

Units at Waterfront Waves have recently transacted around S$2.25M (S$1,662 psf), from 665 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 Waves?

For a unit around S$2.25M as a first home, you'd need roughly S$16,471/mo in income (assessed at the stress-test rate), with repayments near S$7,578/mo after a S$563k (25%) downpayment and S$82,100 Buyer's Stamp Duty.

Is Waterfront Waves a good investment?

Gross rental yield is about 1.9%; median PSF has risen about 57% 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 Waves going up?

The median transacted PSF at Waterfront Waves has risen about 57% between 2017 and 2026, based on URA caveats. Year-by-year figures are in the price-trend table above.

Is Waterfront Waves freehold or leasehold?

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

When was Waterfront Waves built and who developed it?

Waterfront Waves obtained TOP in 2011, developed by FCL PEAK PTE LTD, with 405 units across 5 blocks.

How many units are for sale at Waterfront Waves?

There are 30 units for sale at Waterfront Waves, from S$1.53M to S$3.08M.

What is the nearest MRT to Waterfront Waves?

The nearest MRT/LRT station to Waterfront Waves is Bedok Reservoir MRT, about 222 m away (~4 min walk).

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 qualify for Primary 1 (P1) registration priority.

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