Water Place rent and sale price
D15 / Katong, Joo Chiat, Amber Road
Address 177 Tanjong Rhu Road Water Place Singapore 436607
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Condominium, Non-Landed Properties 523 transactions 99-year leasehold from 1998 Latest records Jun 2026
Similar projects nearby
Project read
Quick summary about Water Place
Water Place is a 99-year leasehold condominium in D15 / Katong, Joo Chiat, Amber Road. The page currently tracks 431 rentals and 92 sales. Water Place is near TANJONG RHU MRT STATION (TE23), about 0.19 km away.
For rent checks, start with the project median of $5,800 per month and compare it with the observed size-band range of $3,300 to $28,500. For sale checks, start with the median sale price of $2,100,000 and median sale PSF of $1,683 psf, then compare floor-band evidence from $2,040,000 to $2,485,000 and PSF from $1,603 psf to $1,855 psf.
- Typical rent is $5,800 per month, with bedroom and floor-area splits below for a closer unit-level view.
- Typical sale price is $2,100,000, with median sale PSF at $1,683 psf and total recorded sale value of $195.3M.
- Rent is down 0.8% over the last 3 months. Sale PSF is down 1.8% over the last 3 months.
Water Place Market Position
How this project compares with the wider D15 market before you read the detailed tables.
Rent vs D15 +31.8%
Rents above district median
Water Place's median rent is $5,800 compared with the D15 median of $4,400. Use this as the district-level check before narrowing by bedroom and area band.
Sale PSF vs D15 -22.7%
Sale PSF below district median
Water Place's median sale PSF is $1,683 psf versus the D15 median of $2,176 psf. A premium should be explained by tenure, condition, floor, view or scarcity.
Rent support 3.31%
Rent support above district screen
Gross yield is roughly 3.31% versus a D15 screen of 2.36%. Treat this as a first-pass rent support signal before costs, vacancy and financing.
Rent stability 16.7% spread
Rent has some movement
Recent rents moved enough that bedroom count, area band and latest contracts matter.
Market activity -19.0%
Activity is steady
Recent transaction volume is close to the prior 6-month view.
Tenure lens 99-year leasehold
Leasehold comparison needed
99-year leasehold from 1998 matters most on sale price. Compare Water Place against nearby projects with similar tenure before treating a PSF gap as cheap or expensive.
Water Place Decision Snapshot
Fast checks for rent fairness, purchase pricing, stable rent and transaction activity before you dig into the tables.
Median rent $5,800
Is the asking rent fair?
$5,500 to $6,100 is the first fair-rent band to check. Above $6,100 should have a visible reason.
Median sale PSF $1,683 psf
Is the purchase price fair?
$2,040,000 to $2,160,000 and $1,630 to $1,730 psf are the first sale checks before adjusting for floor, size, view and condition.
3 bed rent $5,800
Are similar units renting for more?
3 bed and 1,200 to 1,300 sqft give the closest unit-size checks.
Rent stability 16.7% spread
Is rent stable here?
Rent has some movement. Recent rents moved enough that bedroom count, area band and latest contracts matter.
Transaction volume -19.0%
Is activity rising?
Activity is steady. Recent transaction volume is close to the prior 6-month view.
Run Water Place numbers
Use the typical rent and sale price from this project page as a starting point, then adjust the calculator assumptions.
Rental yield $5,800/mo Test gross and net yield against typical rent. Buy vs rent $2.1M Compare ownership cost against renting. Mortgage $2.1M Estimate monthly payment from the sale price. Stamp duty $1,683 psf Estimate buyer stamp duty before offer math. Purchase timeline Offer steps Map the option fee, exercise date, stamp duty and completion.
Water Place Project Facts
Project-level details from URA records and local enrichment.
Tenure 99-year leasehold from 1998
Property type Condominium, Non-Landed Properties
Sales 92 resale transactions
Total sold value $195.3M
Water Place Data Coverage
Use this to judge whether the project has enough rent, sale and recent transaction depth for a confident comparison.
Rentals 431 Jun 2021 to May 2026
Sale transactions 92 Jul 2021 to Jun 2026
Rent trend -0.8% Last 3 months
Sale PSF trend -1.8% Last 3 months
Water Place Location
Nearest transport, schools and daily conveniences around the project.
Project MRT School Amenities
Nearby
Approximate distance from the project. Walking, driving and transit routes may differ.
Closest MRT
TANJONG RHU MRT STATION (TE23) 0.19 km away
STADIUM MRT STATION (CC6) 0.83 km away
NICOLL HIGHWAY MRT STATION (CC5) 1.06 km away
Schools nearby
BRIGHTON MONTESSORI INTERNATIONAL PRE-SCHOOL @ FORT 1.54 km away
ETONHOUSE INTERNATIONAL RESEARCH PRE-SCHOOL 1.66 km away
BROADRICK SECONDARY SCHOOL 2.03 km away
ETONHOUSE INTERNATIONAL SCHOOL (BROADRICK) 2.21 km away
Amenities
51 OLD AIRPORT ROAD FOOD CENTRE AND SHOPPING MALL Mall / retail · 2.02 km away
FAIRPRICE FINEST THE CENTREPOINT Daily needs · 3.69 km away
GEYLANG PARK CONNECTOR Park / green link · 2.43 km away
JALAN BATU HAWKER CENTRE Food centre · 1.47 km away
Water Place Rent and Sale PSF Trends
Recent rent, sale PSF and contract activity for this project.
Latest median rent $6,000 107 rentals in view
Latest median sale PSF $1,957 psf 27 sales in view
Month Rent contracts Median rent Sale transactions Median sale PSF Median sale
Jun 2026 0 - 1 $1,957 psf $2,380,000
May 2026 3 $6,000 2 $1,888 psf $2,360,000
Apr 2026 8 $5,975 2 $1,847 psf $2,505,000
Mar 2026 3 $6,750 0 - -
Feb 2026 7 $5,900 2 $1,992 psf $2,775,000
Jan 2026 6 $6,050 0 - -
Dec 2025 2 $6,100 1 $1,915 psf $2,350,000
Nov 2025 8 $5,750 1 $1,922 psf $3,000,000
Oct 2025 10 $6,000 1 $1,837 psf $2,235,000
Sept 2025 4 $6,250 0 - -
Aug 2025 5 $6,100 4 $1,854 psf $2,330,000
Jul 2025 5 $6,000 1 $2,038 psf $2,610,000
Projects Similar to Water Place
Same district, ranked by similar rent, sale PSF and transaction depth.
99-year leasehold from 2001 Cote D'Azur 3.5 km away 756 transactions
- Median rent
- $5,200
- Median sale PSF
- $1,714 psf
- Median rent
- $5,750
- Median sale PSF
- $1,638 psf
- Median rent
- $5,600
- Median sale PSF
- $1,488 psf
- Median rent
- $6,000
- Median sale PSF
- $1,720 psf
- Median rent
- $6,000
- Median sale PSF
- $1,843 psf
- Median rent
- $5,400
- Median sale PSF
- $1,684 psf
Water Place Rent by Bedrooms
Monthly rent by recorded bedroom count.
Bedrooms Median rent Average rent Transactions
1 bed $3,300 $3,233 3
2 bed $4,400 $4,183 39
3 bed $5,800 $5,502 322
4 bed $6,500 $6,630 65
5 bed $28,500 $28,500 2
Water Place Rent by Size
Monthly rent by recorded URA floor area band.
Area band Median rent Average rent Transactions
700 to 800 sqft $3,300 $3,233 3
800 to 900 sqft $5,200 $5,200 2
900 to 1,000 sqft $4,400 $4,139 33
1,100 to 1,200 sqft $6,000 $5,350 11
1,200 to 1,300 sqft $5,650 $5,415 251
1,300 to 1,400 sqft $6,000 $5,754 48
1,400 to 1,500 sqft $6,100 $5,805 37
1,500 to 1,600 sqft $7,000 $6,674 36
Water Place Sale PSF by Floor
Median sale price and PSF by recorded floor band.
Floor band Median sale Median PSF Transactions
01 to 05 $2,095,000 $1,603 psf 24
06 to 10 $2,040,000 $1,629 psf 28
11 to 15 $2,102,500 $1,688 psf 30
16 to 20 $2,485,000 $1,855 psf 10
Water Place Latest Transactions
Most recent URA rentals and sales for this project.
Rentals
Sales
How to use this data
Practical guidance for renters, buyers and sellers. This is not a valuation, it is a starting point for comparing real transactions.
Rent negotiation
If you are renting
Water Place shows a typical monthly rent of $5,800 across 431 rentals. Use that as the first anchor, then check the bedroom and floor-area bands before accepting an asking rent.
Median rent $5,800
Rentals 431
Rent signal Strong
- If the asking rent is above the median, look for a clear reason such as larger size, newer condition, furnishings or a better stack.
- If it is below the median, check whether the unit is smaller, older, lower floor or has a shorter lease term.
Offer check
If you are buying
Recent sales at Water Place point to a typical sale price of $2,100,000 and $1,683 psf. Treat those as the first comparable range, then adjust for floor, size, condition and tenure.
Median sale $2,100,000
Median PSF $1,683 psf
Sale signal Strong
- Compare the unit against the sale by floor table before deciding whether a premium makes sense.
- 99-year leasehold from 1998 should be part of the buying decision, especially when comparing against newer leasehold or nearby freehold projects.
Listing position
If you are selling
For sellers, the cleanest starting point is the project median PSF, then the latest sales and nearby project comps. Water Place has 92 sales on this page, so pricing should be checked against actual recent contracts before listing.
Sale signal Strong
Total sold value $195.3M
Latest record Jun 2026
- Use the latest sales table to avoid anchoring to stale prices when the most recent month moved differently.
- If you want to price above recent PSF, the listing needs a visible reason such as renovation, view, layout, floor or scarcity.
District context
Use D15 to compare Water Place against the wider area.
About this data
How to read the rental and sale figures on this page.
Rental figures come from URA private residential rent data. Rent is shown as monthly rent.
Sale figures come from private residential sale data. PSF and total selling value are shown where the needed fields are available.
Rental floor level is not available from this source, so rental analysis is split by bedroom count and floor area band.
Sale floor band is available for many sale transactions, so sale prices can be grouped by recorded floor band.
Water Place FAQ
Quick answers for renters, buyers and owners comparing this project.
What is the typical rent at Water Place?
Water Place has a median monthly rent of $5,800 across 431 rentals.
What is the typical sale price at Water Place?
The median sale price for Water Place is $2,100,000, based on 92 sales on this page.
What is the median sale PSF at Water Place?
The median sale price per square foot for Water Place is $1,683 psf. The average sale PSF is $1,672 psf.
Is Water Place freehold or leasehold?
Water Place is listed as 99-year leasehold from 1998. Tenure is tied to the project and is most relevant when reviewing sale transactions.
Where is Water Place located?
Water Place is located at 177 Tanjong Rhu Road Water Place Singapore 436607 in D15 / Katong, Joo Chiat, Amber Road.
How current is the Water Place transaction data?
The project page uses the latest records currently loaded on PropertySmartSG. Treat it as research evidence and check the latest transaction rows before using it for pricing.