175 Tanjong Rhu Road 436606, Tanjong Rhu, Central Region, Singapore
$2,980,000
C H E A P. C H E A P . C H E A P . WATER PLACE — HIGH FLOOR | UNBLOCKED | 1453 SQFT Rare 3 Bedroom Study / Family Layout in Tanjong Rhu WHY THIS UNIT STANDS OUT • Spacious 1453 sqft layout rarely seen in today’s newer launches • Functional 3 Bedroom Study / Family layout ideal for growing families or work-from-home lifestyle • Includes utility room, yard and helper’s WC — features increasingly hard to find in modern condos • Efficient squarish layout with minimal wasted space • Large living and dining area allows comfortable family living and entertaining • High-floor unblocked facing with good natural light, privacy and ventilation • Quiet stack positioning with open outlook PRIME TANJONG RHU LOCATION • Located within the established Tanjong Rhu city fringe enclave • Minutes to Marina Bay, CBD, Suntec and East Coast • Near Katong Park MRT and Tanjong Rhu MRT on the Thomson-East Coast Line • Easy access to ECP, MCE and KPE LIFESTYLE & AMENITIES • Near East Coast Park, cycling routes and waterfront lifestyle options • Close to Leisure Park Kallang, Kallang Wave Mall, Parkway Parade and Marina Square • Surrounded by cafes, restaurants, supermarkets and daily conveniences • Full condo facilities with resort-style environment SCHOOLS • Near Dunman High School • Accessible to international schools and enrichment centres nearby VALUE PROPOSITION • Upcoming Tanjong Rhu GLS land was awarded at $1,455 psf ppr with estimated breakeven already around $2,619 psf • This means future new launch pricing in the area is expected to exceed $2,500 psf comfortably • Water Place currently offers an estimated entry about $650 psf cheaper than upcoming launches nearby • Buyers enjoy significantly larger liveable space at a much lower psf compared to future compact new launch layouts For buyers seeking genuine space, city fringe convenience and long-term value, Water Place presents a rare opportunity in today’s market.
The following locations are within radius of this property, with distance shown in kilometers.
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Total Transactions
96
Average Price
S2.0M
Total Value
S191.5M
Calculating fair value from URA transaction data…
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Automated Valuation based on 80 URA transactions
Fair Value
S$2.55M
S$1,757 psf
Asking Price
S$2.98M
S$2,051 psf
vs Market
+16.8%
vs Last Done
+10.9%
Tenure
78 yrs
99-year Leasehold · Balance remaining
Confidence
High
80 comps
Nearest MRT
Stadium
776m away · +1% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
80 comparable transactions
S$1,724
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 · 80 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.