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 275 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 | 06-10 | Resale | 126 sqm | $2,508,000 | $1,849 |
| Aug 2025 | 01-05 | Resale | 113 sqm | $2,170,000 | $1,784 |
| 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 |
About Water Place
Water Place is a 99-year leasehold development with its lease commencing in 1998 and about 71 years remaining in District 15 (Marine Parade / Katong / Joo Chiat), within the Rest of Central Region of Singapore. It sees regular transaction activity, with 92 recorded condominium transactions 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) sold for $2,380,000 in 2026-06, and the median price is $1,683 per square foot. Prices here have risen sharply, by about 31.4% over the period (around 5.7% a year). Under Bala's Table (the Singapore Land Authority leasehold valuation model), the leasehold 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.