Water Place
Water Place is a 99-year lease (71 yrs left) condominium development in District 15 (Marine Parade / Katong / Joo Chiat). It has 92 recorded private transactions. Latest sale: $2,380,000 (Jun 2026, 113 sqm, floors 11-15). Median $1,683/sqft. Prices up 31.4% over the period. 71 years lease remaining.
Where Water Place ranks in District 15
All 274 projects ›Median psf over time
Estimate a unit at Water Place
Based on URA transactions for this development. Pick a floor band and unit size.
Projection blends market growth with Bala's Table lease decay. Past growth does not guarantee future performance. Not financial advice.
Lease decay
99-year leasehold. Under Bala's Table (SLA's leasehold relativity model), value decays faster as the lease shortens — currently about 0.33% a year.
Price by floor
| Floor band | Median psf | Transactions |
|---|---|---|
| 01-05 | $1,603 | 24 |
| 06-10 | $1,629 | 28 |
| 11-15 | $1,688 | 30 |
| 16-20 | $1,855 | 10 |
Recent transactions
| Date | Floor | Type | Area | Price | psf |
|---|---|---|---|---|---|
| Jun 2026 | 11-15 | Resale | 113 sqm | $2,380,000 | $1,957 |
| May 2026 | 16-20 | Resale | 119 sqm | $2,520,000 | $1,967 |
| May 2026 | 01-05 | Resale | 113 sqm | $2,200,000 | $1,809 |
| Apr 2026 | 11-15 | Resale | 126 sqm | $2,470,000 | $1,821 |
| Apr 2026 | 11-15 | Resale | 126 sqm | $2,540,000 | $1,873 |
| Feb 2026 | 06-10 | Resale | 145 sqm | $3,100,000 | $1,986 |
| Feb 2026 | 16-20 | Resale | 114 sqm | $2,450,000 | $1,997 |
| Dec 2025 | 11-15 | Resale | 114 sqm | $2,350,000 | $1,915 |
| Nov 2025 | 11-15 | Resale | 145 sqm | $3,000,000 | $1,922 |
| Oct 2025 | 01-05 | Resale | 113 sqm | $2,235,000 | $1,838 |
| Aug 2025 | 06-10 | Resale | 113 sqm | $2,380,000 | $1,957 |
| Aug 2025 | 01-05 | Resale | 113 sqm | $2,170,000 | $1,784 |
| Aug 2025 | 06-10 | Resale | 126 sqm | $2,508,000 | $1,849 |
| Aug 2025 | 06-10 | Resale | 114 sqm | $2,280,000 | $1,858 |
| Jul 2025 | 16-20 | Resale | 119 sqm | $2,610,000 | $2,038 |
| Jun 2025 | 11-15 | Resale | 113 sqm | $2,250,888 | $1,851 |
| Jun 2025 | 11-15 | Resale | 114 sqm | $2,250,000 | $1,834 |
| Jun 2025 | 11-15 | Resale | 135 sqm | $2,650,000 | $1,824 |
| May 2025 | 06-10 | Resale | 113 sqm | $2,128,000 | $1,750 |
| May 2025 | 01-05 | Resale | 113 sqm | $2,150,000 | $1,768 |
| May 2025 | 11-15 | Resale | 84 sqm | $1,820,000 | $2,013 |
| Apr 2025 | 11-15 | Resale | 119 sqm | $2,588,888 | $2,021 |
| Mar 2025 | 01-05 | Resale | 113 sqm | $2,100,000 | $1,727 |
| Feb 2025 | 11-15 | Resale | 84 sqm | $1,800,000 | $1,991 |
| Feb 2025 | 06-10 | Resale | 113 sqm | $2,100,000 | $1,727 |
Private condos and apartments closest to Water Place, with their median resale psf. Useful for comparing what Water Place costs per square foot against nearby developments.
About Water Place
Prices at Water Place in District 15 (Marine Parade / Katong / Joo Chiat) have risen sharply, up about 31.4% over the data window (around 5.7% a year). Its $1,683 psf median tracks close to the District 15 median. It has a regular flow of transactions, with 92 sales between 2021-07 and 2026-06, ranging from $1,260,000 to $3,100,000. The most recent transaction was a 113 sqm unit (floors 11-15) at $2,380,000 in Jun 2026, and the median is $1,683 psf. Higher floors carry a premium, with the 16-20 band about 16% per square foot above the 01-05 band. On Bala's Table (the SLA leasehold valuation model), the relativity ratio at 71 years remaining is 0.9131, an annual lease decay of about 0.33%. All transaction data is sourced from the Urban Redevelopment Authority (URA) and updated regularly.
How much does a unit at Water Place cost?
The most recent transaction at Water Place was $2,380,000 for a 113 sqm unit in 2026-06. The median price is $1,683 per square foot across 92 transactions, ranging from $1,260,000 to $3,100,000. Data sourced from URA.
Is Water Place freehold or leasehold?
Water Place is on a 99-year lease commencing in 1998, with approximately 71 years remaining. Under Bala's Table, the annual lease decay at this point is about 0.33%.
What is the price per square foot (psf) at Water Place?
The median price at Water Place is $1,683 psf, with transactions ranging from $1,188 to $2,038 psf. This is based on 92 URA-recorded transactions in District 15.
Have prices at Water Place gone up or down?
Prices at Water Place have increased by approximately 31.4% over the data period (around 5.7% a year). The median price is currently $1,683 psf, with the most recent sale at $2,380,000 in 2026-06.