99-yearOCRDistrict 19 (Punggol)

Watertown

Reviewed by Nathan TangUpdated 8 November 2026Data through Sept 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 1,437 transactions on record, units have recently transacted around S$960k (S$1,600 psf, ~581 sqft). There are 145 units for sale from S$913k 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 Sep 2026
1

What's for sale and for rent at Watertown?

Key Takeaway

Watertown has 145 units listed for sale, asking S$913k to S$3.60M (median S$1,741 psf), and 63 units for rent at a median of S$3,400 a month.

For sale

145 listings

S$913k – S$3.60M

For rent

63 listings

S$2,000 – S$5,600 a month

BedroomsFor saleAsking priceMedian PSF
0-bedroom1S$988k–S$988k—
1-bedroom63S$913k–S$1.46MS$1,687 psf
2-bedroom58S$935k–S$2.00MS$1,741 psf
3-bedroom18S$1.54M–S$2.68MS$2,088 psf
4-bedroom4S$3.38M–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

PropKaki has 22 layouts on record for Watertown, from 3 to 4 bedrooms.

BedroomsLayoutsSizes
3 Bedroom11—
4 Bedroom1—
Other layouts10—

PropKaki holds 12 floor plans for Watertown.

See Watertown's floor plans — ask PropKaki.Ask PropKakisqm ↔ sq ft converter

Layouts digitised from developer brochures.

3

What is the price and PSF at Watertown?

Key Takeaway

Units have recently transacted around S$960k (S$1,600 psf), at a gross rental yield of about 3.4% (URA caveat data).

Recent median price

S$960k

recent · 1,437 sales on record

Median PSF

S$1,600 psf

recent transactions

Median rent (monthly)

S$2,712

3,201 rentals on record

Gross rental yield

3.4%

indicative, gross

Units currently for sale are asking a median of S$1,741 psf — about 9% above the most recent transacted PSF.

Source: URA caveat data, through Sept 2026.

4

What has recently sold at Watertown?

Key Takeaway

Watertown has 1437 recorded sales; the most recent transacted at S$1,350,000 in Sept 2026 (URA caveat data).

DatePriceSize (sqft)PSF
Sept 2026S$1,350,000926S$1,458 psf
Sept 2026S$1,050,000570S$1,841 psf
Sept 2026S$1,640,888915S$1,793 psf
Sept 2026S$973,000570S$1,706 psf
Sept 2026S$1,360,000807S$1,685 psf
Sept 2026S$905,000527S$1,716 psf
Sept 2026S$908,000581S$1,562 psf
Sept 2026S$904,888581S$1,557 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

1,437 sales and 3,201 rentals on record since Jan 2012. Source: URA.

5

Are prices at Watertown rising?

Key Takeaway

The median transacted PSF at Watertown has risen 25% over the past 9 years (2017–2026), from S$1,327 psf to S$1,656 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2026S$1,656 psfS$963k38-3.6%
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 479 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 19% over a median 7.7-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 3.4%. Units listed now ask about 9% 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 479 resales here

Median gain

19%

gross, before costs

Median hold

7.7 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$960k) needs about S$7,027/mo in income and S$3,233/mo in repayments, after S$23,400 stamp duty and a S$240k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$960k) 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$23,400

BSD, tiered

Downpayment (25%)

S$240k

cash + CPF

Monthly instalment

S$3,233/mo

30y @ 3.5%

Income required

S$7,027/mo

TDSR @ stress rate

Read how to tell if a condo is profitable →

12

How many property agents are active around Watertown?

Key Takeaway

11,875 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

11,875

District 19 · closed ≥1 deal

Deals on record

74,158

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 479 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 19% over a median 7.7-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 3.4%. Units listed now ask about 9% 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$960k (S$1,600 psf), the median of the last 12 URA caveats to Sep 2026. The price depends on size, floor and facing. 145 units are listed for sale from S$913k 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$960k as a first home, you'd need roughly S$7,027/mo in income (assessed at the stress-test rate), with repayments near S$3,233/mo after a S$240k (25%) downpayment and S$23,400 Buyer's Stamp Duty.

Are prices at Watertown going up?⌄

The median price per square foot at Watertown has risen about 25% 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.