Condo data

Water Place

Tanjong Rhu Road99-year leaseholdURA data to Oct 2026

The development

Type
Condominium
Tenure
99-year leasehold from 1998, about 71 years left
Address
Tanjong Rhu Road
District
District 15: Katong, Joo Chiat, Marine Parade
Market segment
RCR (Rest of Central Region)
Deals on record
86 since Oct 2021: 0 new sales, 86 resales and sub sales

Prices at Water Place by unit size

1,100 to 1,499 sqftS$2,442,500S$1,894 psf, 8 deals in 12 months
1,500 sqft and upS$3,050,000S$1,954 psf, 2 deals in 12 months

Median price by strata area, in the last 12 months. Bulk purchases of several units are left out.

Launch price vs resale, by year

YearNew sale psfResale psfDeals
2021-S$1,3432
2022-S$1,53520
2023-S$1,64421
2024-S$1,80615
2025-S$1,84420
2026-S$1,9158

Price by floor

FloorMedian psfDeals
01-05S$1,64322
06-10S$1,64427
11-15S$1,80927
16-20S$1,85510

Resales and sub sales since Oct 2021.

Latest transactions

MonthSizeFloorPriceType
Jul 20261,356 sqft01-05S$2,435,000
S$1,795 psf		Resale
Jun 20261,216 sqft11-15S$2,380,000
S$1,957 psf		Resale
May 20261,216 sqft01-05S$2,200,000
S$1,809 psf		Resale
May 20261,281 sqft16-20S$2,520,000
S$1,967 psf		Resale
Apr 20261,356 sqft11-15S$2,540,000
S$1,873 psf		Resale
Apr 20261,356 sqft11-15S$2,470,000
S$1,821 psf		Resale
Feb 20261,561 sqft06-10S$3,100,000
S$1,986 psf		Resale
Feb 20261,227 sqft16-20S$2,450,000
S$1,997 psf		Resale
Dec 20251,227 sqft11-15S$2,350,000
S$1,915 psf		Resale
Nov 20251,561 sqft11-15S$3,000,000
S$1,922 psf		Resale
Oct 20251,216 sqft01-05S$2,235,000
S$1,838 psf		Resale
Aug 20251,216 sqft06-10S$2,380,000
S$1,957 psf		Resale
Aug 20251,356 sqft06-10S$2,508,000
S$1,849 psf		Resale
Aug 20251,216 sqft01-05S$2,170,000
S$1,784 psf		Resale
Aug 20251,227 sqft06-10S$2,280,000
S$1,858 psf		Resale
Jul 20251,281 sqft16-20S$2,610,000
S$2,038 psf		Resale
Jun 20251,216 sqft11-15S$2,250,888
S$1,851 psf		Resale
Jun 20251,227 sqft11-15S$2,250,000
S$1,834 psf		Resale
Jun 20251,453 sqft11-15S$2,650,000
S$1,824 psf		Resale
May 2025904 sqft11-15S$1,820,000
S$2,013 psf		Resale

Showing the latest 20 of 86 caveats lodged since Oct 2021.

Rent at Water Place

2-bedroomS$4,650a month, median of 8 leases, S$4,500 to S$5,000
3-bedroomS$6,000a month, median of 52 leases, S$5,300 to S$7,300
4-bedroomS$7,250a month, median of 12 leases, S$6,000 to S$11,500

The median rent in Q2 2026 was S$4.84 psf a month (the middle half of leases ran S$4.66 to S$5.00). Against the median sale price that is a gross yield of about 3.0% before maintenance, property tax and vacancy.

Rental contracts filed with URA over the last four quarters, and URA's quarterly median rent per square foot.

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What is your unit at Water Place worth?

Tell us your unit size and floor. We'll reply with a valuation range from the latest deals here and in nearby projects, and what a sale would leave you after your loan and CPF refund.

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Common questions

How much is a unit at Water Place?

Units at Water Place sold for a median S$2,460,000 (S$1,918 psf) in the last 12 months. The most traded size, 1,100 to 1,499 sqft, went for a median S$2,442,500, from S$2,200,000 to S$2,540,000. Floor, facing, stack and renovation explain most of the gap.

What rent can I get at Water Place?

2-bedroom units rented for a median S$4,650 a month (8 leases); 3-bedroom units rented for a median S$6,000 a month (52 leases); 4-bedroom units rented for a median S$7,250 a month (12 leases), from rental contracts filed with URA between Q4 2025 and Q3 2026.

How many years are left on the lease at Water Place?

Water Place is a 99-year leasehold that started in 1998, so about 71 years are left. Banks and CPF start to limit loans once fewer than 60 years remain.

What is my unit at Water Place worth?

Recent deals at Water Place for the same size and floor band are the best guide. Send us your unit size and floor and we'll reply with a valuation range on WhatsApp.

Condos near Water Place

All condos in District 15 · All districts

Source: URA private residential transactions (caveats lodged from Oct 2021 to Oct 2026) and rental contracts, via the URA Data Service. Not every sale lodges a caveat, so some deals may be missing. Prices are what buyers paid; your unit's value depends on its floor, facing, stack and condition.