Swee Homes

Waterfront Key

Waterfront Key is a condominium in District 16 (Bedok / Upper East Coast), in the Outside Central Region. In the 12 months to August 2026, the median price was S$1,746 psf from 11 sales.

At a glance

District
District 16 (Bedok / Upper East Coast)
Region
Outside Central Region
Type
Condominium
Tenure
99-year lease from 2007, about 80 years left
Completed
2012, about 14 years old

What the prices say

The median home in Waterfront Key sold for S$2,168,888: the middle of 11 sales in the 12 months to August 2026.

That is noticeably above the middle condo project in District 16 (Bedok / Upper East Coast), which sold at S$1,534 psf across 56 projects: about 14% higher. By price per square foot it ranks 9th of the 36 projects in the district that have a price to show, where 1st is the highest.

Year by year, the median was S$1,194 psf in 2021 (30 sales) and S$1,777 psf in 2026 so far (8 sales), up about 49%. The highest year in the record was 2025 at S$1,725 psf.

Floor made little difference: floors 11 to 15 sold at S$1,722 psf against S$1,729 psf on floors 1 to 5 (24 months).

Against similar projects in the district

This project and the three others in District 16 (Bedok / Upper East Coast) whose median over the last 12 months is closest to Waterfront Key's S$1,746 psf. They are chosen by price per square foot, not by distance, so they may not be neighbours.

Their middle figure is S$1,705 psf, about the same as Waterfront Key (within 3%).

Projects in District 16 (Bedok / Upper East Coast) closest in price to Waterfront Key, 12 months to August 2026
ProjectMedian price per sq ftSales
Waterfront KeyS$1,746 psf11
The GladesS$1,731 psf37
Parbury Hill CondominiumS$1,705 psf8
Waterfront GoldS$1,678 psf12

What sells here

11 homes sold in the last 12 months, down from 13 in the 12 months before.

The most common size was 1,200 to 1,499 sq ft, with 15 of the 24 sales in the last 24 months, well over half.

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

The first new sale in our records was in July 2009.

Rents and yield

Rental contracts that began in the 12 months to August 2026 had a median rent of S$5,100 a month (50 contracts). The district's median across every contract was S$3,903, so rents here ran well above it: about 31% higher.

Over the 24 months the median rent was S$5,000 (100 contracts), about the same as the latest 12 months, within 2%.

By bedrooms: 2 bedrooms S$4,000 (18), 3 bedrooms S$5,400 (23) and 4 or more bedrooms S$6,300 (9). The figure in brackets is the number of contracts.

Setting rent against price for 1,200 to 1,499 sq ft homes (18 rentals and 7 resale or sub-sale transactions) gives a gross yield estimate of 3.1%: a median rent of S$5,700 a month against a median price of S$2,180,000. It is before maintenance, vacancy, tax and loan costs, and it uses middle values, so a particular home can differ.

Age and lease

13 other projects in District 16 (Bedok / Upper East Coast) were completed within 5 years of Waterfront Key and have a price. Their middle price was S$1,646 psf, so Waterfront Key sold a little above projects of a similar age: about 6% higher.

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 Waterfront Key. 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 Waterfront Key?

S$1,746 psf in the 12 months to August 2026, from 11 sales. For the median home that is S$2,168,888.

How many homes sold in Waterfront Key?

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

What do homes in Waterfront Key rent for?

The median rent for contracts that began in the 12 months to August 2026 was S$5,100 a month, from 50 contracts.

What is the rental yield in Waterfront Key?

Between 3.1% and 3.1% 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 Waterfront Key?

It is a 99-year lease from 2007, which leaves about 80 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 Waterfront Key
PeriodMedian price per sq ftMedian priceSales
Last 12 monthsS$1,746 psfS$2,168,88811
Last 24 monthsS$1,735 psfS$2,190,00024
Last 5 yearsS$1,476 psfS$1,770,00085

Source: URA data. Data as of August 2026.

Price by year

Median price per sq ft by year for Waterfront Key
YearMedian price per sq ftSales
2021S$1,194 psf30
2022S$1,365 psf22
2023S$1,494 psf15
2024S$1,661 psf12
2025S$1,725 psf14
2026 (to August)S$1,777 psf8

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 Waterfront Key, last 24 months
Floor rangeMedian price per sq ftSales
Floors 1 to 5S$1,729 psf8
Floors 6 to 10S$1,792 psf7
Floors 11 to 15S$1,722 psf9

Price by unit size

Median price per sq ft by unit size for Waterfront Key, last 24 months
SizeMedian price per sq ftSales
1,200 to 1,499 sq ftS$1,722 psf15

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 Waterfront Key, by size

Rents

Rents for Waterfront Key
PeriodMedian rentContracts
Last 12 monthsS$5,100 a month50
Last 24 monthsS$5,000 a month100
Rents for Waterfront Key by bedrooms
BedroomsMedian rent, 12 monthsContractsMedian rent, 24 months
1 bedroomUnder 5 contracts0Under 5 contracts
2 bedroomsS$4,000 a month18S$4,000 a month
3 bedroomsS$5,400 a month23S$5,300 a month
4 or more bedroomsS$6,300 a month9S$6,300 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

What could a unit here sell for?

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

Open Waterfront Key in Condo Atlas

Other condos in District 16 (Bedok / Upper East Coast)

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.