Water Place
Water Place is a condominium in District 15 (East Coast / Marine Parade), in the Rest of Central Region. In the 12 months to August 2026, the median price was S$1,915 psf from 11 sales.
At a glance
- District
- District 15 (East Coast / Marine Parade)
- Region
- Rest of Central Region
- Type
- Condominium
- Tenure
- 99-year lease from 1998, about 71 years left
- Completed
- 2004, about 22 years old
What the prices say
The median home in Water Place sold for S$2,450,000: the middle of 11 sales in the 12 months to August 2026.
That is noticeably above the middle condo project in District 15 (East Coast / Marine Parade), which sold at S$1,754 psf across 252 projects: about 9% higher. By price per square foot it ranks 35th of the 60 projects in the district that have a price to show, where 1st is the highest.
Year by year, the median was S$1,320 psf in 2021 (22 sales) and S$1,915 psf in 2026 so far (8 sales), up about 45%. The highest year in the record was 2025 at S$1,843 psf.
Higher floors sold for more here: floors 11 to 15 at S$1,894 psf against S$1,790 psf on floors 1 to 5, about 6% more per square foot (24 months).
Against similar projects in the district
This project and the three others in District 15 (East Coast / Marine Parade) whose median over the last 12 months is closest to Water Place's S$1,915 psf. They are chosen by price per square foot, not by distance, so they may not be neighbours.
Their middle figure is S$1,890 psf, about the same as Water Place (within 2%).
| Project | Median price per sq ft | Sales |
|---|---|---|
| Water Place | S$1,915 psf | 11 |
| Haig 162 | S$1,940 psf | 5 |
| Riveredge | S$1,890 psf | 6 |
| St Patrick'S Residences | S$1,870 psf | 6 |
What sells here
11 homes sold in the last 12 months, down from 20 in the 12 months before.
The most common size was 1,200 to 1,499 sq ft, with 26 of the 31 sales in the last 24 months, well over half.
None of the 31 sales in the last 24 months were first sales of new units: all 31 were resales.
The first new sale in our records was in January 2001.
Rents and yield
Rental contracts that began in the 12 months to August 2026 had a median rent of S$6,050 a month (76 contracts). The district's median across every contract was S$4,650, so rents here ran well above it: about 30% higher.
Over the 24 months the median rent was S$6,000 (153 contracts), about the same as the latest 12 months, within 1%.
By bedrooms: 2 bedrooms S$4,650 (8), 3 bedrooms S$6,000 (55) and 4 or more bedrooms S$7,300 (13). The figure in brackets is the number of contracts.
Setting rent against price for 1,200 to 1,499 sq ft homes (57 rentals and 9 resale or sub-sale transactions) gives a gross yield estimate of 3.0%: a median rent of S$6,000 a month against a median price of S$2,435,000. It is before maintenance, vacancy, tax and loan costs, and it uses middle values, so a particular home can differ.
Age and lease
9 other projects in District 15 (East Coast / Marine Parade) were completed within 5 years of Water Place and have a price. Their middle price was S$1,890 psf, about the same as Water Place (within 2%).
The title is a leasehold, so the years remaining shrink each year. The leases and tenure entry in the glossary explains what that means for a buyer.
Leases and tenure in the glossary
What this page cannot tell you
A median is the middle of many different homes in Water Place. It does not describe one unit: its condition, facing, view, renovation, floor or stack can each move a price well away from the middle, and none of them is in the records behind this page.
The figures are recorded transactions, so they describe what has sold and not what is on the market now. They are not a valuation, and they say nothing about future prices.
Questions this page answers
What is the median price per square foot in Water Place?
S$1,915 psf in the 12 months to August 2026, from 11 sales. For the median home that is S$2,450,000.
How many homes sold in Water Place?
11 in the last 12 months and 31 in the last 24 months, across all sale types.
What do homes in Water Place rent for?
The median rent for contracts that began in the 12 months to August 2026 was S$6,050 a month, from 76 contracts.
What is the rental yield in Water Place?
Between 3.0% and 3.0% gross, depending on unit size. It is an estimate before costs, made from the median recorded rent and the median resale or sub-sale price for each size range.
How much lease is left in Water Place?
It is a 99-year lease from 1998, which leaves about 71 years at 2026.
Figures from URA data, 12 months to August 2026. Rents to August 2026. General information, not financial advice.
The figures
Sale prices
| Period | Median price per sq ft | Median price | Sales |
|---|---|---|---|
| Last 12 months | S$1,915 psf | S$2,450,000 | 11 |
| Last 24 months | S$1,837 psf | S$2,380,000 | 31 |
| Last 5 years | S$1,685 psf | S$2,138,000 | 87 |
Source: URA data. Data as of August 2026.
Price by year
| Year | Median price per sq ft | Sales |
|---|---|---|
| 2021 | S$1,320 psf | 22 |
| 2022 | S$1,535 psf | 20 |
| 2023 | S$1,644 psf | 21 |
| 2024 | S$1,806 psf | 15 |
| 2025 | S$1,843 psf | 20 |
| 2026 (to August) | S$1,915 psf | 8 |
Each year is the median over the sales recorded in it. Source: URA data. Data as of August 2026.
Price by floor range
| Floor range | Median price per sq ft | Sales |
|---|---|---|
| Floors 1 to 5 | S$1,790 psf | 8 |
| Floors 6 to 10 | S$1,828 psf | 8 |
| Floors 11 to 15 | S$1,894 psf | 12 |
Price by unit size
| Size | Median price per sq ft | Sales |
|---|---|---|
| 1,200 to 1,499 sq ft | S$1,829 psf | 26 |
The floor is the storey recorded in each sale. Source: URA data. Sales in the 24 months to August 2026. Data as of August 2026.
Rent against price for Water Place, by size
Rents
| Period | Median rent | Contracts |
|---|---|---|
| Last 12 months | S$6,050 a month | 76 |
| Last 24 months | S$6,000 a month | 153 |
| Bedrooms | Median rent, 12 months | Contracts | Median rent, 24 months |
|---|---|---|---|
| 1 bedroom | Under 5 contracts | 0 | Under 5 contracts |
| 2 bedrooms | S$4,650 a month | 8 | S$4,600 a month |
| 3 bedrooms | S$6,000 a month | 55 | S$6,000 a month |
| 4 or more bedrooms | S$7,300 a month | 13 | S$7,200 a month |
Source: URA data, rental contracts. Rents are the median of the contracts that began in the period. Data as of August 2026.
Where to look next
- Work out the stamp duty on a purchase at these prices (Free, no sign-in)
- How buyer stamp duty works
- Loan limits: how much a bank can lend
- The cooling measures, including additional stamp duty
- Other condos in District 15 (East Coast / Marine Parade)
- Rents for every district, by size
- Rent against price for Water Place, by size
- Leases and tenure in the glossary
What could a unit here sell for?
Condo Atlas can give an indicative value for a unit in Water Place, with a likely range and the recent sales behind it. Sign in is free.
Open Water Place in Condo AtlasOther condos in District 15 (East Coast / Marine Parade)
- Wen Yuan Court
- Whitescape
- Woo Mon Chew Court
- Worthington
- 11 Amber Road
- 16 @ Amber
- 38 Amber
- 38 I Suites
- 7 on Chapel
- 77 @ East Coast
- 833 M B Residences
- 8m Residences
About the data
Figures are medians of transactions recorded by URA, over the periods shown, and a figure appears only when at least 5 records sit behind it. Sale figures: data as of August 2026. Rent figures: data as of August 2026. Swee Homes is not affiliated with URA or Condo Atlas. General information, not financial advice.