RPS · Resale Project Scorecard
Water Place — Grade D
RPS score 4.38/10 · D15 · East Coast, Marine Parade · 437 units · scored across 7 weighted factors — methodology published.
99YR · Frasers Property · TOP 2004
Weak project — significant gaps in multiple factors. Standout strengths: MRT access, project size. Key weaknesses: schools, future transformation.
Factor breakdown
- Project's Historical Performance25% weight
- 2/10
- Primary School Effect20% weight
- 1/10
- Project Size16% weight
- 8/10
- MRT Proximity13% weight
- 10/10
- Rental Yield10% weight
- 4/10
- Tenure10% weight
- 7/10
- Future Transformation6% weight
- 0/10
Avg Ann. of +2.75% — bottom 14% within its 2004-era cohort. Weak capital appreciation, even when judged against vintage peers.
No primary schools within 1km — school access is limited, particularly for parents prioritising Primary 1 registration.
437 units — good project size supporting active resale market and adequate facilities.
110m from Tanjong Rhu Mrt Stn (TE23) — direct, walk-in MRT access. Strong commuter appeal.
Rental yield of 2.99% — below-average income return.
99YR tenure — about 71 years remaining; some long-term decay exposure but not imminent.
No URA Masterplan transformation zone or upcoming MRT station within 3.5km of this project — minimal forward-looking infrastructure tailwind.
The verdict· Scores updated September 2026
Water Place scores 4.38 out of 10 on the TRIBE Resale Project Scorecard, Grade D, ranking 2218th of 2,357 resale condos scored in Singapore and 423rd of 436 in District 15 (East Coast, Marine Parade). Its strongest factors are MRT Proximity (10/10) and Project Size (8/10); its weakest is Future Transformation (0/10). Weak project — significant gaps in multiple factors. Standout strengths: MRT access, project size. Key weaknesses: schools, future transformation.
See all 436 scored condos in District 15 (East Coast, Marine Parade) →
RPS · Resale Project Scorecard
Recent resale transactions at Water Place
12 months to September 2026 (Oct 2025 – Sep 2026): 11 resale transactions, median $1,915 psf, median price $2.45M. Median PSF is up 4.9% on the previous 12 months (Oct 2024 – Sep 2025, $1,826 psf).
| Period | Transactions | Median PSF | Median price |
|---|---|---|---|
| Oct–Dec 2025 | 3 | $1,915 psf | $2.35M |
| Jan–Mar 2026 | 2 | $1,992 psf | $2.77M |
| Apr–Jun 2026 | 5 | $1,873 psf | $2.47M |
| Jul–Sep 2026 | 1 | $1,795 psf | $2.44M |
| 12-month total | 11 | $1,915 psf | $2.45M |
Aggregates of URA REALIS resale caveats (data to September 2026). A specific unit's value depends on floor, size, facing and condition — for a unit-level read, use the Resale Price Check.
Water Place: frequently asked questions
Answers generated from the scorecard data — RPS rank 2218th of 2,357, scores updated September 2026.
- Is Water Place a good buy in 2026?
- Water Place scores 4.38/10 on the TRIBE Resale Project Scorecard (Grade D), which places it 2218th of 2,357 Singapore resale condos and 423rd of 436 in District 15 (East Coast, Marine Parade). Weak project — significant gaps in multiple factors. Standout strengths: MRT access, project size. Key weaknesses: schools, future transformation. RPS scores project-level demand fundamentals — not a specific unit or its asking price — so read the grade as a screen: it tells you whether the drivers of resale demand are present, and the price you pay still decides the outcome.
- What is the average PSF at Water Place?
- In the 12 months to September 2026 (Oct 2025 – Sep 2026), URA REALIS records 11 resale transactions at Water Place, at a median of $1,915 psf and a median price of $2.45M (range $1,795 psf to $1,997 psf). The median PSF is up 4.9% on the previous 12 months (Oct 2024 – Sep 2025, $1,826 psf). Figures are aggregates of caveats lodged with URA; a specific unit's value depends on floor, size, facing and condition.
- How far is Water Place from the nearest MRT station?
- Water Place is about 110m from Tanjong Rhu MRT (TE23), scoring 10/10 on the MRT Proximity factor (13% of the RPS score). Distances are straight-line, and confirmed upcoming stations are also considered.
- How does Water Place compare with Five Nine?
- Five Nine is the project scored next to Water Place on the District 15 ranking: 4.39 (Grade D) against Water Place's 4.38 (Grade D). Water Place scores higher on Project Size (8 vs 3) and MRT Proximity (10 vs 6); Five Nine scores higher on Project's Historical Performance (2 vs 5) and Tenure (7 vs 10).
- What is the tenure of Water Place, and how big is the project?
- Water Place is 99-year leasehold, completed in 2004, has 437 units, developed by Frasers Property. 99YR tenure — about 71 years remaining; some long-term decay exposure but not imminent. 437 units — good project size supporting active resale market and adequate facilities. Tenure carries 10% of the RPS score and Project Size 16%.
Scored either side of Water Place in East Coast, Marine Parade
The projects immediately above and below it on the Resale Project Scorecard — the comparison a buyer is usually actually making.
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