173 Tanjong Rhu Road 436932, Tanjong Rhu, Central Region, Singapore
$1,980,000
D15 - Kallang
Tanjong Rhu MRT · 1 min walk
1 January 2005
Medium (437 units)
437 units
5 Blocks, 20 Floors
Tanjong Properties Pte Ltd
Water Place has a total of 437 units, from to units. There are 32 types of floor plans from to .
Water Place has 5 blocks and up to 20 storeys.
Water Place is a 99 years leasehold Generic Condo development located in Kallang, District 15. Completed in 2005, it has a total of 5 blocks within the development and comprises a total of 437 units. It is within walking distance to MRT stations such as Tanjong Rhu MRT and Founder's Memorial MRT, which provide residents easy access to other areas of Singapore. For young couples or families with children, Water Place is also close to schools like Dunman High School, Dunman High School (Secondary) and Dunman High School (Junior College). If you're wondering about what you can do around the area, residents can head to nearby supermarkets like FairPrice Xtra - Hyper Sports Hub and AK Star Minimart for groceries and household products. Never worry about your health emergencies or regular health checkups with access to nearby clinics such as Smile Concept Dental Practice. Singapore Post - Crawford Branch is the nearest post office where you can get your postal services done. For your leisure and entertainment, head down to the local park - Gardens by the Bay Central, to enjoy some fresh air.
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Total Transactions
96
Average Price
S2.0M
Total Value
S191.5M
Calculating fair value from URA transaction data…


License: L3005768D
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Automated Valuation based on 87 URA transactions
Fair Value
S$1.59M
S$1,757 psf
Asking Price
S$1.98M
S$2,190 psf
vs Market
+24.7%
vs Last Done
+18.4%
Tenure
78 yrs
99-year Leasehold · Balance remaining
Confidence
High
87 comps
Nearest MRT
Stadium
776m away · +1% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
87 comparable transactions
S$1,713
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.489
MRT Proximity
Within 500m / 1km
+1%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$1,757
Recent Comparable Transactions
10 shown · 87 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneAug 2025 | TANJONG RHU ROAD Floor 06-10 | 1,356sqft | S$2,508,000 | ▲S$1,849 +5.2% vs FV | 99 yrs lease commencing from 1998 |
Aug 2025 | TANJONG RHU ROAD Floor 06-10 | 1,356sqft | S$2,508,000 | ▲S$1,849 +5.2% vs FV | 99 yrs lease commencing from 1998 |
Aug 2025 | TANJONG RHU ROAD Floor 01-05 | 1,216sqft | S$2,170,000 | ▲S$1,784 +1.5% vs FV | 99 yrs lease commencing from 1998 |
Jul 2025 | TANJONG RHU ROAD Floor 16-20 | 1,281sqft | S$2,610,000 | ▲S$2,038 +16.0% vs FV | 99 yrs lease commencing from 1998 |
Jun 2025 | TANJONG RHU ROAD Floor 11-15 | 1,227sqft | S$2,250,000 | ▲S$1,834 +4.4% vs FV | 99 yrs lease commencing from 1998 |
Jun 2025 | TANJONG RHU ROAD Floor 11-15 | 1,216sqft | S$2,250,888 | ▲S$1,851 +5.4% vs FV | 99 yrs lease commencing from 1998 |
Jun 2025 | TANJONG RHU ROAD Floor 11-15 | 1,453sqft | S$2,650,000 | ▲S$1,824 +3.8% vs FV | 99 yrs lease commencing from 1998 |
May 2025 | TANJONG RHU ROAD Floor 11-15 | 904sqft | S$1,820,000 | ▲S$2,013 +14.6% vs FV | 99 yrs lease commencing from 1998 |
May 2025 | TANJONG RHU ROAD Floor 06-10 | 1,216sqft | S$2,128,000 | ▼S$1,750 -0.4% vs FV | 99 yrs lease commencing from 1998 |
May 2025 | TANJONG RHU ROAD Floor 01-05 | 1,216sqft | S$2,150,000 | ▲S$1,768 +0.6% vs FV | 99 yrs lease commencing from 1998 |
Apr 2025 | TANJONG RHU ROAD Floor 11-15 | 1,281sqft | S$2,588,888 | ▲S$2,021 +15.0% vs FV | 99 yrs lease commencing from 1998 |
TANJONG RHU ROAD
Aug 2025 · Floor 06-10
+5.2% vs FV
TANJONG RHU ROAD
Aug 2025 · Floor 06-10
+5.2% vs FV
TANJONG RHU ROAD
Aug 2025 · Floor 01-05
+1.5% vs FV
TANJONG RHU ROAD
Jul 2025 · Floor 16-20
+16.0% vs FV
TANJONG RHU ROAD
Jun 2025 · Floor 11-15
+4.4% vs FV
TANJONG RHU ROAD
Jun 2025 · Floor 11-15
+5.4% vs FV
TANJONG RHU ROAD
Jun 2025 · Floor 11-15
+3.8% vs FV
TANJONG RHU ROAD
May 2025 · Floor 11-15
+14.6% vs FV
TANJONG RHU ROAD
May 2025 · Floor 06-10
-0.4% vs FV
TANJONG RHU ROAD
May 2025 · Floor 01-05
+0.6% vs FV
TANJONG RHU ROAD
Apr 2025 · Floor 11-15
+15.0% vs FV
HELIOS AI Analysis
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.