Water Place: 6 Units for Rent
The Water Place apartments are leased property of ninety-nine years old. The apartments are located at Tanjong Rhu road. The location of the apartments is very close to two MRT stations. The MRT station's name is Nicoll Highway MRT CS5 and Tanjong Rhu MRT TE23. The project was completed in 2004. The territory of apartments comes under the jurisdiction of District 15. The name of the district is East Coast, Marine Parade. There are many shopping centers and restaurants that are available to fulfill the needs of the apartment’s residents according to the taste and needs. The water place amenities are very close to the building of apartments. Leisure Park on a very short drive. The residents can go there for entertainment. The developer of the building is the Far east organization. The organization is known for its projects either government or private. The organization has collaborated with international construction companies also. There are more than 437 units. The large towers have 20 stories. The apartments are well equipped with all the materials and decorated. The rooms have enough capacity for large families. The apartments are available from 1 bedroom to 5 bedrooms. The kitchen and lounge area is also there. Each room has its own attached bathroom. The apartments are available for sale as well as for rent. There are entertainment sites as well as education centers near the location. The Educational centers include Stamford Primary School, Hong Wen School and School of the Art, Singapore. The two major roads that are linked with the location of the apartments are Nicoll Highway and Kallang Paya Lebar Expressway. The MRT station is 13 minutes away from the location of the apartments. The Pebble Bay Mini Mart supermarket is only three minutes away from the apartments. There are more than 20 bus stops nearby the location of the apartments either private or public transportation. There are also clinics and hospitals at the time of emergency like Unity Hyper Sports Hub is only 11 minutes away on the drive. The amenities related to entertainment is there like Film Garde theater is 13 minutes walking distance away from the apartments Brewerkz Indoor StadiumThai Village RestaurantPrimo Cuisine Pte LtdJoyden TreasuresBasil Thai Kitchen - Kallang Wave MallPoulet - Kallang Wave Mall School of Outdoor LearningMind Champs Pre-School @ Leisure Park KallangLittle Red Dot MontessoriTennis Central SGStar Golf Pte LtdKINO GOLF Kallang Wave MallLeisure Park KallangCold Storage Kallang Leisure ParkFairPrice Xtra Sporthub Water Place contains a total of 20 floors. It has 437 units in total and mostly the units are made up of 2, 3 and 5 bedrooms. The units with three bedrooms have built-up areas ranges from 1216 sq. ft. to 1561 sq. ft. The built-up area of all the unit’s ranges from 904 sq. ft. to 4241 sq. ft. Project Name: Water PlaceType: CondominiumDistrict: 15Configuration: 437 units Unit types: 2-bedrooms (904 sqft)3-bedrooms (1,216 - 1,561 sqft)5-bedrooms (4,241 sqft) The following projects are by the same developer as Water Place:AltezAlbaCyanSilverseaSeahill The following developments are in the same neighborhood as Water Place:Amber ParkMeyer MansionSeaside ResidencesSilverseaAmber 45Frankel Estate
DeveloperFar East Organization
Explore PropertyGuru
Drawing on 30 days of PropertyGuru search activity, the project maintains notable traction in local search behaviour, recording a 1.26% share within the East Coast / Marine Parade district. This level of visibility suggests that the development remains a consistent point of interest for rental seekers exploring the area. Recent data places the project among the more actively browsed options in the area, with a 1.26% search share.
Most-searched Units: 3-BedroomPopular preferences: Balcony, Air-Conditioning, Maidsroom, Tennis Court, Corner Unit, Private Pool, Renovated
Pricing by Unit Types:
- Room Rental Units:
- Avg Asking Price: S$ 2K
- Avg PSF: S$ 17 psf (55.13% higher compared to East Coast / Marine Parade average of S$ 11 psf)
- Available Units: 1
- 3-Bedroom Units:
- Avg Asking Price: S$ 6K
- Avg PSF: S$ 5 psf (14.62% lower compared to East Coast / Marine Parade average of S$ 6 psf)
- Available Units: 4
Location & Lifestyle Highlights — Water Place 120m (1 min) to TANJONG RHU MRT STATION — This station on the Thomson-East Coast Line provides a direct and speedy link to the Central Business District and Orchard Road. Water Place offers a unique waterfront living experience where the calm of Tanjong Rhu meets the high-energy lifestyle of the nearby Singapore Sports Hub. It is a home that perfectly balances spacious family-sized layouts with the convenience of having major transit and retail malls just a short walk away. Nearby hotspots: MRT Stations:
- STADIUM MRT STATION (906m, 10-11 mins) — Access the Circle Line easily for quick trips to Paya Lebar or the Marina Bay area.
- FOUNDERS' MEMORIAL MRT STATION (1036m, 12-13 mins) — Another convenient rail option connecting residents to future cultural landmarks and the city network.
- OPPOSITE PEBBLE BAY (0m, 0 min) — Right at your doorstep for an effortless daily commute around the Tanjong Rhu precinct.
- TANJONG RHU EXIT 1 (132m, 1-2 mins) — Handy stop providing additional bus services for residents heading towards the city or East Coast.
- MULBERRY LEARNING CENTRE @ KALLANG PTE LTD (614m, 7-8 mins) — A well-regarded preschool nearby that is very convenient for parents with young children.
- LORNA WHISTON PRE-SCHOOL (953m, 11-12 mins) — Quality early childhood education located within the nearby leisure hub for easy drop-offs.
- INTERNATIONAL MANAGEMENT AND SPORTS COLLEGE (953m, 11-12 mins) — Specialized private institution nearby focusing on sports and management studies.
- THE BALMORAL CLINIC (862m, 10-11 mins) — Reliable medical facility nearby to handle the family's primary healthcare needs and check-ups.
- KALLANG WAVE MALL (832m, 9-10 mins) — A major lifestyle destination featuring a wide array of retail brands and active lifestyle shops.
- COLD STORAGE (835m, 10-11 mins) — Premium supermarket nearby making it very easy to pick up fresh groceries and daily essentials.
- FAIRPRICE XTRA (995m, 11-12 mins) — Large hypermarket providing a massive selection of household goods and affordable groceries for the family.
- THAI VILLAGE SEAFOOD RESTAURANT (562m, 6-7 mins) — Famous local dining spot perfect for family gatherings and quality seafood dinners.
- STARBUCKS (718m, 8-9 mins) — Familiar spot for a quick coffee break or a casual weekend morning catch-up.
- ASTONS (756m, 9-10 mins) — Popular value-for-money western dining option located within a short walk for a fuss-free meal.
Market & Rental Insights
Water Place demonstrates a dynamic rental market with varied performance across different unit types and significant capital value movement.
- Median Rental Appreciation: 2-bedroom units saw rents rise from $4,500 /mo to $4,550 /mo (1.11%), 3-bedroom units increased from $6,000 /mo to $6,100 /mo (1.67%), while 4-bedroom units decreased from $7,700 /mo to $6,675 /mo (-13.31%) over the last one year.
- Transactions:26 rental transactions in the last 6 months showing steady rental activity levels.
- PG Pulse Insight: Rental activity remains steady with positive rent growth in 2 and 3-bedroom segments, complemented by a significant upward trend in project PSF values.
Published date: October 16, 2026