Above Market· 46.4% above market
+7View all
IMAGES GALLERY
Nearest MRT Station
Property Details
Description
CHEAP 1 Study Condo with Immediate Rental Income at Punggol Central Step into this beautifully designed 1-bedroom study, 1-bathroom condominium at 69 Punggol Central, located within the Watertown development—an integrated retail‑residential complex seamlessly built above Waterway Point mall and directly connected to Punggol MRT/LRT Station, offering unmatched convenience. With a spacious 527 sqft layout, this well‑maintained unit offers modern style, functionality, and ease of living in one of Singapore’s most vibrant neighbourhoods. Currently tenanted at $3,100/month until May 2026, enjoy immediate rental income from Day 1. Ideal for buyers seeking both capital appreciation and attractive yield. Property Highlights: * 1 Bedroom Study | 1 Bathroom | 527 sqft * Efficient layout with modern interiors * Private balcony for outdoor relaxation * Bright and airy living space with full air‑conditioning * 24‑hour security for peace of mind Prime Location within Watertown / Waterway Point: * Direct access to Punggol MRT/LRT from the development—just minutes of walking within the mall or overhead walkway. * Integrated with Waterway Point Mall offering retail, dining, F\&B, cinema, supermarket and shared civic plaza space. * Connected to Punggol Temporary Bus Interchange and nearby LRT stations (Cove, Damai, etc.) for full public transport coverage Nearby Amenities: * Waterway Point Mall (ground‑floor and above podium) – retail, FairPrice Finest supermarket, cinemas, F\&B, enrichment centres * FairPrice Supermarket within the development complex * One Punggol - town hub integrated with library, community club and hawker centre * Punggol Regional Sports Centre slated to open by 2026—will house a 5,000‑seater stadium, swimming complex, indoor sports hall, tennis & futsal courts, water sports centre and more * Educational institutions Located in a family‑friendly waterfront neighbourhood with excellent amenities, transport connectivity, and future growth potent Pls contact Pei @ Propnex 9710XXXX
Development Information
District & Area
D19 - Punggol
Nearest MRT
Punggol MRT/LRT · 1 min walk
Tenure
99 yearsTOP Date
1 January 2017
Project Size
Medium (992 units)
992 units
Building Structure
12 Blocks, 14 Floors
Developer
Emerald Star Pte Ltd (Frasers Centrepoint Homes, Far East Organization, Sekisui House)
Unit Configuration
Bedroom Types1, 2, 3, 4 Bedroom
Floor Plan Details
Watertown has a total of 992 units, from 1 Bed - 1 Bath to 3 Bed - 2 Bath units. There are 27 types of floor plans from 540 sqft to 823 sqft.
Site Plan
Watertown has 12 blocks and up to 14 storeys.
Development Facilities
Fitness CornerGymParkingSecurity
About This Development
Watertown is a 99 years leasehold Condo Apartment located in Punggol, District 19. Completed in 2017, it has a total of 12 blocks within the development and comprises a total of 992 units. It is within walking distance to MRT stations such as Punggol MRT/LRT and Punggol MRT/LRT, which provide residents easy access to other areas of Singapore. For young couples or families with children, Watertown is also close to schools like Valour Primary School, MOE Kindergarten @ Punggol and MOE Kindergarten @ Punggol View. If you're wondering about what you can do around the area, residents can head to nearby supermarkets like Ang Mo Supermarket and U Stars Mega Mart @ 218 for groceries and household products. Never worry about your health emergencies or regular health checkups with access to nearby clinics such as Etern Medical Clinic. Post Box is the nearest post office where you can get your postal services done. For your leisure and entertainment, head down to the local park - Punggol Linear Park, to enjoy some fresh air.
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Features & Amenities
Fitness corner
Security
Balcony
Parking
Gym
Location
69 Punggol Central 828754, Punggol Town Centre, North-east Region, SingaporeLoading map...
Mortgage Calculation
S$
20 yrs
410203035
75 %
1020406075
4 %
0.1123456
Mortgage calculation on 4% interest rate
S$ 0
Loan Amount (75%)
Downpayment (25%)
S$ 0
S$ 0
/month
Principal
S$ 0
Interest
S$ 0
Total Transactions
280
Average Price
S1.2M
Total Value
S328.7M
Sales Timeline
Home Report · AVM Fair Value
Automated Valuation based on 1531 URA transactions · 7 outliers removed (IQR)
Fair Value
S$676,429
S$1,284 psf
Asking Price
S$990,000
S$1,879 psf
vs Market
+46.4%
Above Market
Confidence
High
1531 comps
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
1531 comparable transactions
S$1,284
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×1.000
MRT Proximity
Within 500m / 1km
0%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$1,284
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.
Tan Pei Cheng (Pei)
License: L3008022J