The Water Edge
Lorong 38 Geylang · D14 · Rest of central region · Apartment
The median sale at The Water Edge was $700,000 — $1,548 psf — across 21 transactions between Nov 2021 and Oct 2026. Freehold.
What it costs per month of lease
The Water Edge is freehold, so there is no lease to divide by and no expiry to discount towards. That is the whole of what a buyer is paying the freehold premium for. It runs about a tenth over leasehold on resales in the core central region and in the suburbs, and the city fringe reads the other way. Why that is, and why the national figure is bigger and worse.
Year by year
Too few sales in one or both ends of the window to quote a change, so the years are given as they are.
- 2021three sales$1476
- 2022five sales$1514
- 2023four sales$1632
- 2024one sale$1538
- 2025five sales$1677
- 2026three sales$1545
Show the figures
| Year | Median price | Per sq ft | Sales |
|---|---|---|---|
| 2021 | $650,000 | $1,476 psf | 3 |
| 2022 | $652,000 | $1,514 psf | 5 |
| 2023 | $669,000 | $1,632 psf | 4 |
| 2024 | $745,000 | $1,538 psf | 1 |
| 2025 | $750,000 | $1,677 psf | 5 |
| 2026 | $780,000 | $1,545 psf | 3 |
What it rents for
URA’s median of rental contracts lodged at The Water Edge in 2026Q3, per square foot per month.
Gross, and the word is doing work. It is before property tax, maintenance and sinking fund, agent commission on each new tenancy, the months between tenants, income tax on the rent, and the mortgage. A net figure would need assumptions about a particular buyer that this site does not get to make.
Other developments in D14
- Parc Esta · $2,203 psf
- Sims Urban Oasis · $1,807 psf
- Euhabitat · $1,394 psf
- Penrose · $2,037 psf
- Park Place Residences At Plq · $2,237 psf
- Simsville · $1,364 psf
- The Antares · $1,997 psf
- Vacanza @ East · $1,459 psf
Transactions from the Urban Redevelopment Authority, covering Oct 2021 to Oct 2026. URA publishes a rolling five-year window; months before it are held in this site’s own archive. A caveat is lodged after a sale is agreed, so the most recent weeks are always incomplete.