99-yearOCRDistrict 19 (Punggol)

Watertown

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

Watertown is a 99-year apartment in District 19 (Punggol) that obtained TOP in 2017, with 992 units across 12 blocks. Across 1,429 transactions on record, units have recently transacted around S$949k (S$1,600 psf, ~603 sqft). There are 155 units for sale from S$900k to S$3.60M. The lease has approximately 84 years remaining.

Key facts about Watertown
Tenure99-year leasehold from 2011 (≈84 years left)
TOP year2017
DeveloperEMERALD STAR PTE LTD/FC RETAIL TRUSTEE PTE LTD
Units992 in 12 blocks
District and areaDistrict 19 · Punggol · OCR
Nearest MRTPunggol LRT, 154 m (~2 min walk)
Latest median psfS$1,600 psf, last 12 URA caveats to Aug 2026
1

What's for sale and for rent at Watertown?

Key Takeaway

Watertown has 155 units listed for sale, asking S$900k to S$3.60M (median S$1,687 psf), and 87 units for rent at a median of S$3,399 a month.

For sale

155 listings

S$900k – S$3.60M

For rent

87 listings

S$2,950 – S$5,800 a month

BedroomsFor saleAsking priceMedian PSF
0-bedroom1S$988k–S$988k
1-bedroom74S$900k–S$1.46MS$1,687 psf
2-bedroom61S$935k–S$2.00MS$1,741 psf
3-bedroom16S$1.54M–S$2.68MS$2,146 psf
4-bedroom2S$3.60M–S$3.60M
Unspecified1S$988k–S$988k

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

2

What are the floor plans and unit sizes at Watertown?

Key Takeaway

Floor plans for Watertown aren't in PropKaki's library yet. Across 1,000 URA caveats, units range from 527 sqft to 1,582 sqft, and the middle half are 581 sqft to 958 sqft.

Unit typeSizes listed for saleAsking from
0-bedroom581 sqftS$988k
1-bedroom527 sqft to 807 sqftS$900k · S$1,687 psf
2-bedroom570 sqft to 958 sqftS$935k · S$1,741 psf
3-bedroom925 sqft to 1,378 sqftS$1.54M · S$2,146 psf
4-bedroom1,485 sqftS$3.60M

Check the Floor Plan Finder for Watertown →

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

3

What is the price and PSF at Watertown?

Key Takeaway

Units have recently transacted around S$949k (S$1,600 psf), at a gross rental yield of about 3.4% (URA caveat data).

Recent median price

S$949k

recent · 1,429 sales on record

Median PSF

S$1,600 psf

recent transactions

Median rent (monthly)

S$2,667

3,126 rentals on record

Gross rental yield

3.4%

indicative, gross

Units currently for sale are asking a median of S$1,687 psf — about 5% above the most recent transacted PSF.

Source: URA caveat data, through Aug 2026.

4

What has recently sold at Watertown?

Key Takeaway

Watertown has 1429 recorded sales; the most recent transacted at S$3,028,888 in Aug 2026 (URA caveat data).

DatePriceSize (sqft)PSF
Aug 2026S$3,028,8881,356S$2,233 psf
Jul 2026S$930,000581S$1,600 psf
Jul 2026S$950,000603S$1,576 psf
Jul 2026S$960,000603S$1,593 psf
Jun 2026S$900,000560S$1,608 psf
Jun 2026S$930,000603S$1,543 psf
Jun 2026S$900,000581S$1,548 psf
Jun 2026S$1,620,000915S$1,771 psf
Jun 2026S$970,000603S$1,609 psf
Jun 2026S$950,000570S$1,665 psf
Jun 2026S$870,000527S$1,649 psf
May 2026S$948,888603S$1,574 psf

1,429 sales and 3,126 rentals on record since Jan 2012. Source: URA.

5

Are prices at Watertown rising?

Key Takeaway

The median transacted PSF at Watertown has risen 24% over the past 9 years (20172026), from S$1,327 psf to S$1,649 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2026S$1,649 psfS$960k30-4.0%
2025S$1,718 psfS$985k45+5.6%
2024S$1,627 psfS$960k43+0.4%
2023S$1,620 psfS$980k44+7.5%
2022S$1,507 psfS$870k74+7.9%
2021S$1,397 psfS$820k72+2.4%
2020S$1,364 psfS$815k28+1.0%
2019S$1,351 psfS$780k47-0.1%
2018S$1,353 psfS$808k57+2.0%
2017S$1,327 psfS$790k37

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

6

Is Watertown a good investment?

Key Takeaway

Of 471 units at Watertown that were bought and later resold (bought from 2012, resold up to 2026), 93% sold for more than they were bought for, with a median gain of 18% over a median 7.6-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 3.4%. Units listed now ask about 5% 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

93%

of 471 resales here

Median gain

18%

gross, before costs

Median hold

7.6 years

bought to resold

Every unit at Watertown 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 Watertown and what's nearby?

Key Takeaway

Watertown is located in Punggol, in the North-East Region of Singapore.

Watertown is a 99-year apartment completed in 2017. It was developed by EMERALD STAR PTE LTD/FC RETAIL TRUSTEE PTE LTD. The development has 992 residential units. It sits on a land area of 29,999 sqm and has a gross floor area of 125,997 sqm. The plot ratio is 4.2.

WATERTOWN is located at 67 Punggol Central, Singapore 828754. 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 Punggol LRT, approximately 154m away, around 2 minutes on foot. Nearby amenities include Waterway Point for shopping, NTUC Fairprice Co-operative Ltd for groceries, One Punggol Hawker Centre for food options, and Punggol Waterway Pk for greenery and recreation. Facilities in the development include Fitness Corner, Gym, Parking, and Security.

8

How far is Watertown from MRT and schools?

Key Takeaway

The nearest MRT/LRT to Watertown is Punggol LRT, about 154 m away (~2 min walk). 9 schools are within 1 km, including 6 primary schools.

Getting around

Schools nearby

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

  • Punggol View Primary SchoolPrimary schoolwithin 1 km · P1 priority349 m
  • Valour Primary SchoolPrimary schoolwithin 1 km · P1 priority366 m
  • Punggol Green Primary SchoolPrimary schoolwithin 1 km · P1 priority656 m
  • Edgefield Secondary SchoolSecondary schoolwithin 1 km666 m
  • Yusof Ishak Secondary SchoolSecondary schoolwithin 1 km677 m
  • Punggol Cove Primary SchoolPrimary schoolwithin 1 km · P1 priority684 m
  • Punggol Secondary SchoolSecondary schoolwithin 1 km913 m
  • Edgefield Primary SchoolPrimary schoolwithin 1 km · P1 priority945 m

Shops, food & parks

Mall: Waterway Point · 30 mSupermarket: NTUC Fairprice Co-operative Ltd · 30 mHawker centre: One Punggol Hawker Centre · 392 mPark: Punggol Waterway Pk · 562 m

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

9

Who built Watertown and how big is the development?

Key Takeaway

Watertown was developed by EMERALD STAR PTE LTD/FC RETAIL TRUSTEE PTE LTD, with 992 units over up to 14 storeys.

Developer
EMERALD STAR PTE LTD/FC RETAIL TRUSTEE PTE LTD
Floors
14 storeys
Blocks
12
Land area
29,999 sqm (322,906 sqft)
Gross floor area
125,997 sqm (1,356,219 sqft)
Plot ratio
4.20
10

What facilities does Watertown have?

Key Takeaway

Watertown has 4 facilities, including Fitness Corner, Gym, Parking, Security.

Fitness CornerGymParkingSecurity
11

What does it cost to own a unit at Watertown?

Key Takeaway

Buying a unit at Watertown (~S$949k) needs about S$6,946/mo in income and S$3,196/mo in repayments, after S$23,067 stamp duty and a S$237k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$949k) 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$23,067

BSD, tiered

Downpayment (25%)

S$237k

cash + CPF

Monthly instalment

S$3,196/mo

30y @ 3.5%

Income required

S$6,946/mo

TDSR @ stress rate

Read how to tell if a condo is profitable →

12

How many property agents are active around Watertown?

Key Takeaway

11,112 CEA-registered agents closed at least one recorded deal in District 19 — where Watertown 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 Watertown? Ask before you commit.

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

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

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

Ask anything about Singapore property…
13

Frequently asked questions about Watertown

Is Watertown freehold?

No. Watertown is on a 99-year lease that started in 2011, with about 84 years left.

How old is Watertown?

Watertown was completed (obtained TOP) in 2017, so it is about 9 years old.

Is Watertown a good investment?

Of 471 units at Watertown that were bought and later resold (bought from 2012, resold up to 2026), 93% sold for more than they were bought for, with a median gain of 18% over a median 7.6-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 3.4%. Units listed now ask about 5% more per square foot than recent sales. Past resale results don't predict future returns, and this is not financial advice.

Is Watertown an EC?

No. Watertown is a private apartment development, not an executive condominium (EC).

Who is the developer of Watertown?

Watertown was developed by EMERALD STAR PTE LTD/FC RETAIL TRUSTEE PTE LTD.

What is the price of a condo at Watertown?

Units at Watertown have recently sold for around S$949k (S$1,600 psf), the median of the last 12 URA caveats to Aug 2026. The price depends on size, floor and facing. 155 units are listed for sale from S$900k to S$3.60M.

Where is Watertown located?

Watertown is at 67 Punggol Central, Singapore 828754, in Punggol (District 19). The nearest MRT station is Punggol LRT, about 154 m away.

How many units are there in Watertown?

Watertown has 992 units in 12 blocks, up to 14 storeys high.

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

For a unit around S$949k as a first home, you'd need roughly S$6,946/mo in income (assessed at the stress-test rate), with repayments near S$3,196/mo after a S$237k (25%) downpayment and S$23,067 Buyer's Stamp Duty.

Are prices at Watertown going up?

The median price per square foot at Watertown has risen about 24% 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 Watertown?

Punggol View Primary School, Valour Primary School, Punggol Green Primary School, Punggol Cove Primary School are within 1 km of Watertown. Homes within 1 km of a primary school get priority in Primary 1 (P1) registration.