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Condo prices · D15

The Waterside

Tanjong Rhu Road · D15 · Rest of central region · Condominium

The median sale at The Waterside was $4,215,000 — $1,827 psf — across 72 transactions between Oct 2021 and July 2026. Freehold.

Median price
$4,215,000
72 sales in the window.
Median per sq ft
$1,827 psf
Median unit 2,400 sq ft.
Lease remaining
Freehold
Freehold

What it costs per month of lease

The Waterside 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

The median moved up 37 per cent a square foot between 2021 and 2026. The sale count beside each year is how much evidence that year rests on.

  • 2021five sales$1684
  • 202225 sales$1779
  • 202315 sales$1797
  • 2024eight sales$1954
  • 2025nine sales$2101
  • 202610 sales$2310
Show the figures
YearMedian pricePer sq ftSales
2021$4,038,000$1,684 psf5
2022$3,950,000$1,779 psf25
2023$4,180,000$1,797 psf15
2024$4,271,900$1,954 psf8
2025$5,000,000$2,101 psf9
2026$5,475,000$2,310 psf10

What it rents for

URA’s median of rental contracts lodged at The Waterside in 2026Q3, per square foot per month.

Median rent per sq ft
$3.78
A month. Middle half of contracts ran $3.50 to $3.92.
Gross yield
2.48%
A year of median rent against the median sale price.
Median sale per sq ft
$1,827 psf
The figure the rent is divided into.

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 D15

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.