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.
RPSResale Project Scorecard
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.