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Watertown

Apartment · District 19 (Serangoon Gardens / Hougang / Punggol) · Outside Central Region · 99-year lease (84 yrs left) · Updated Jun 2026

Watertown is a 99-year lease (84 yrs left) apartment development in District 19 (Serangoon Gardens / Hougang / Punggol). It has 267 recorded private transactions. Latest sale: $870,000 (Jun 2026, 49 sqm, floors 06-10). Median $1,588/sqft. Prices up 18% over the period. 84 years lease remaining.

Latest Sale
$870,000
Jun 2026 · 49 sqm
Median Price
$1,588/sqft
$960,000 typical unit
Transactions
267
$1,232–$2,195 psf
Price Trend
▲ 18%
~3.4% a year

Where Watertown ranks in District 19

All 148 projects ›
Median psf
#33 / 148
Typical unit price
#126 / 148
Most recent sale
#133 / 148
Price growth
#85 / 126

Median psf over time

Estimate a unit at Watertown

Based on URA transactions for this development. Pick a floor band and unit size.

Estimated value
Project forward
Market growth +3.4%/yr
Lease decay −0.21%/yr
Growth scenario
In 5 years

Projection blends market growth with Bala's Table lease decay. Past growth does not guarantee future performance. Not financial advice.

Lease decay

84 yrs
Remaining lease
0.21%
Annual decay (Bala's Table)
2011
Lease commenced

99-year leasehold. Under Bala's Table (SLA's leasehold relativity model), value decays faster as the lease shortens — currently about 0.21% a year.

Price by floor

Floor bandMedian psfTransactions
01-05 $1,578 66
06-10 $1,595 118
11-15 $1,593 83

Recent transactions

DateFloorType AreaPricepsf
Jun 2026 06-10 Resale 49 sqm $870,000 $1,650
Jun 2026 06-10 Resale 54 sqm $900,000 $1,548
Jun 2026 11-15 Resale 85 sqm $1,620,000 $1,771
Jun 2026 11-15 Resale 53 sqm $950,000 $1,665
Jun 2026 11-15 Resale 56 sqm $970,000 $1,609
May 2026 11-15 Resale 56 sqm $948,888 $1,574
May 2026 01-05 Resale 56 sqm $1,185,000 $1,966
May 2026 01-05 Resale 53 sqm $930,000 $1,630
Apr 2026 11-15 Resale 54 sqm $938,000 $1,614
Apr 2026 06-10 Resale 127 sqm $2,890,000 $2,114
Mar 2026 06-10 Resale 75 sqm $1,390,000 $1,722
Mar 2026 06-10 Resale 54 sqm $880,000 $1,514
Mar 2026 06-10 Resale 75 sqm $1,430,000 $1,771
Feb 2026 11-15 Resale 126 sqm $2,860,000 $2,109
Feb 2026 06-10 Resale 53 sqm $980,000 $1,718
Feb 2026 01-05 Resale 85 sqm $1,648,000 $1,801
Feb 2026 11-15 Resale 103 sqm $2,408,888 $2,173
Feb 2026 06-10 Resale 127 sqm $3,000,000 $2,195
Jan 2026 06-10 Resale 49 sqm $900,000 $1,706
Jan 2026 11-15 Resale 56 sqm $988,000 $1,639
Jan 2026 01-05 Resale 56 sqm $865,000 $1,435
Jan 2026 06-10 Resale 113 sqm $2,480,000 $2,039
Jan 2026 06-10 Resale 54 sqm $918,000 $1,579
Jan 2026 11-15 Resale 54 sqm $962,800 $1,656
Dec 2025 11-15 Resale 53 sqm $1,040,000 $1,823
Showing 25 of 267 transactions
Source: URA (Urban Redevelopment Authority), under the Open Data Licence.

About Watertown

Watertown is a 99-year leasehold development with its lease commencing in 2011 and about 84 years remaining in District 19 (Serangoon Gardens / Hougang / Punggol), within the Outside Central Region of Singapore. It is among the more actively traded apartment developments in the area, with 267 recorded transactions between 2021-06 and 2026-06, ranging from $750,000 to $3,000,000. The most recent transaction was a 49 sqm unit (floors 06-10) sold for $870,000 in 2026-06, and the median price is $1,588 per square foot. Prices here have risen sharply, by about 18% over the period (around 3.4% a year). Under Bala's Table (the Singapore Land Authority leasehold valuation model), the leasehold relativity ratio at 84 years remaining is 0.9444, an annual lease decay of about 0.21%. All transaction data is sourced from the Urban Redevelopment Authority (URA) and updated regularly.

How much does a unit at Watertown cost?

The most recent transaction at Watertown was $870,000 for a 49 sqm unit in 2026-06. The median price is $1,588 per square foot across 267 transactions, ranging from $750,000 to $3,000,000. Data sourced from URA.

Is Watertown freehold or leasehold?

Watertown is on a 99-year lease commencing in 2011, with approximately 84 years remaining. Under Bala's Table, the annual lease decay at this point is about 0.21%.

What is the price per square foot (psf) at Watertown?

The median price at Watertown is $1,588 psf, with transactions ranging from $1,232 to $2,195 psf. This is based on 267 URA-recorded transactions in District 19.

Have prices at Watertown gone up or down?

Prices at Watertown have increased by approximately 18% over the data period (around 3.4% a year). The median price is currently $1,588 psf, with the most recent sale at $870,000 in 2026-06.