Swee Homes

Watercolours

Watercolours is an executive condominium in District 18 (Tampines / Pasir Ris), in the Outside Central Region. In the 12 months to August 2026, the median price was S$1,222 psf from 28 sales.

At a glance

District
District 18 (Tampines / Pasir Ris)
Region
Outside Central Region
Type
Executive Condominium
Tenure
99-year lease from 2012, about 85 years left
Completed
2014, about 12 years old

What the prices say

The median home in Watercolours sold for S$1,200,000: the middle of 28 sales in the 12 months to August 2026.

That is noticeably below the middle condo project in District 18 (Tampines / Pasir Ris), which sold at S$1,407 psf across 41 projects: about 13% lower. By price per square foot it ranks 30th of the 40 projects in the district that have a price to show, where 1st is the highest.

Year by year, the median was S$880 psf in 2021 (59 sales) and S$1,219 psf in 2026 so far (21 sales), up about 39%. The highest year in the record was 2025 at S$1,258 psf.

Lower floors sold for less here: floors 11 to 15 at S$1,152 psf against S$1,220 psf on floors 1 to 5, about 6% less per square foot (24 months).

By unit size (24 months): 600 to 899 sq ft at S$1,208 psf, 900 to 1,199 sq ft at S$1,257 psf, 1,200 to 1,499 sq ft at S$1,226 psf and 1,500 sq ft and over at S$1,062 psf. Smaller homes cost more per square foot than larger ones.

Against similar projects in the district

This project and the three others in District 18 (Tampines / Pasir Ris) whose median over the last 12 months is closest to Watercolours' S$1,222 psf. They are chosen by price per square foot, not by distance, so they may not be neighbours.

Their middle figure is S$1,222 psf, the same as Watercolours.

Projects in District 18 (Tampines / Pasir Ris) closest in price to Watercolours, 12 months to August 2026
ProjectMedian price per sq ftSales
WatercoloursS$1,222 psf28
Oasis @ EliasS$1,222 psf7
Tropical SpringS$1,219 psf12
ModenaS$1,227 psf10

What sells here

28 homes sold in the last 12 months, down from 37 in the 12 months before.

The most common size was 900 to 1,199 sq ft, with 35 of the 65 sales in the last 24 months, close to half.

None of the 65 sales in the last 24 months were first sales of new units: all 65 were resales.

The first new sale in our records was in June 2012.

Rents and yield

Rental contracts that began in the 12 months to August 2026 had a median rent of S$3,600 a month (29 contracts). That is the same as the district's S$3,600.

Over the 24 months the median rent was S$3,600 (62 contracts), the same as the latest 12 months.

By bedrooms: 2 bedrooms S$3,200 (8) and 3 bedrooms S$3,750 (20). The figure in brackets is the number of contracts.

Setting rent against price for 900 to 1,199 sq ft homes (19 rentals and 17 resale or sub-sale transactions) gives a gross yield estimate of 3.8%: a median rent of S$3,700 a month against a median price of S$1,168,000. It is before maintenance, vacancy, tax and loan costs, and it uses middle values, so a particular home can differ.

Age and lease

22 other projects in District 18 (Tampines / Pasir Ris) were completed within 5 years of Watercolours and have a price. Their middle price was S$1,479 psf, so Watercolours sold well below projects of a similar age: about 17% lower.

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 Watercolours. 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 Watercolours?

S$1,222 psf in the 12 months to August 2026, from 28 sales. For the median home that is S$1,200,000.

How many homes sold in Watercolours?

28 in the last 12 months and 65 in the last 24 months, across all sale types.

What do homes in Watercolours rent for?

The median rent for contracts that began in the 12 months to August 2026 was S$3,600 a month, from 29 contracts.

What is the rental yield in Watercolours?

Between 3.8% and 3.8% 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 Watercolours?

It is a 99-year lease from 2012, which leaves about 85 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

Resale and new-sale prices for Watercolours
PeriodMedian price per sq ftMedian priceSales
Last 12 monthsS$1,222 psfS$1,200,00028
Last 24 monthsS$1,232 psfS$1,218,88865
Last 5 yearsS$1,175 psfS$1,168,000146

Source: URA data. Data as of August 2026.

Price by year

Median price per sq ft by year for Watercolours
YearMedian price per sq ftSales
2021S$880 psf59
2022S$992 psf39
2023S$1,175 psf14
2024S$1,223 psf34
2025S$1,258 psf26
2026 (to August)S$1,219 psf21

Each year is the median over the sales recorded in it. Source: URA data. Data as of August 2026.

Price by floor range

Median price per sq ft by floor range for Watercolours, last 24 months
Floor rangeMedian price per sq ftSales
Floors 1 to 5S$1,220 psf29
Floors 6 to 10S$1,253 psf27
Floors 11 to 15S$1,152 psf9

Price by unit size

Median price per sq ft by unit size for Watercolours, last 24 months
SizeMedian price per sq ftSales
600 to 899 sq ftS$1,208 psf9
900 to 1,199 sq ftS$1,257 psf35
1,200 to 1,499 sq ftS$1,226 psf16
1,500 sq ft and overS$1,062 psf5

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 Watercolours, by size

Rents

Rents for Watercolours
PeriodMedian rentContracts
Last 12 monthsS$3,600 a month29
Last 24 monthsS$3,600 a month62
Rents for Watercolours by bedrooms
BedroomsMedian rent, 12 monthsContractsMedian rent, 24 months
1 bedroomUnder 5 contracts0Under 5 contracts
2 bedroomsS$3,200 a month8S$3,250 a month
3 bedroomsS$3,750 a month20S$3,650 a month
4 or more bedroomsUnder 5 contracts1Under 5 contracts

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

What could a unit here sell for?

Condo Atlas can give an indicative value for a unit in Watercolours, with a likely range and the recent sales behind it. Sign in is free.

Open Watercolours in Condo Atlas

Other condos in District 18 (Tampines / Pasir Ris)

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.