BLUWATERS

Condo Profile 5 min read Last reviewed
For: First-time buyersInvestorsHDB upgraders
Source: URA REALIS
TL;DR
BLUWATERS is a 946 yrs lease commencing from 1938 condominium in D17 (Outside Central Region), developed by NOVELTY DEVELOPMENT PTE LTD, completed in 2007. Average price: $1,309,967. Gross yield: 3.0%.

We track 15 sales and 43 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the BLUWATERS dashboard.

Data as of July 2026
Key Takeaways
  • Average sale price: $1,309,967 across 15 transactions
  • Estimated gross rental yield: 3.0%
  • District 17 PSF ranking: Mid-range (top 63%)
  • 946 yrs lease commencing from 1938 · OCR · D17 · 45 units

About BLUWATERS

BLUWATERS is a 946 yrs lease commencing from 1938 condominium, located at JALAN LOYANG BESAR in District 17 (Changi, Loyang) (Outside Central Region), developed by NOVELTY DEVELOPMENT PTE LTD, comprising 45 residential units, completed in 2007.

With approximately 11 years remaining on its 99-year lease, buyers should be aware of significant financing restrictions.

D17
District
OCR
Outside Central Region
45
Total Units
2007
TOP Year
11 yrs
Lease Left
3.0%
Gross Yield

Unit Mix Distribution

Transaction data breakdown by bedroom type at BLUWATERS:

Unit mix for BLUWATERS
TypeSalesAvg PSFAvg Price
2 BR6$1,163 psf$999,333
3 BR6$1,114 psf$1,288,333
5+ BR3$777 psf$1,974,500
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Sales Market Overview

$1,309,967
Avg Price
$818,000
Lowest Sale
$2,308,000
Highest Sale
15
Total Sales

BLUWATERS has recorded 15 sale transactions with an average transaction price of $1,309,967, ranging from $818,000 to $2,308,000.

Price & PSF trend for BLUWATERS
YearSalesAvg PSFAvg PriceYoY
20214$909 psf$1,075,875
20223$1,034 psf$1,476,000↑ 13.7%
20232$1,205 psf$1,165,000↑ 16.5%
20243$1,150 psf$1,243,333↓ 4.6%
20252$1,046 psf$1,664,000↓ 9.0%
20261$1,304 psf$1,530,000↑ 24.7%

BLUWATERS ranks in the top 63% of condos in District 17 by average PSF.

Compared to the OCR average of $1,550 psf, BLUWATERS trades 31.2% below the segment benchmark.

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Rental Market Overview

$3,269/mo
Avg Rent
$2,200/mo
Lowest
$4,600/mo
Highest
43
Total Leases

BLUWATERS has recorded 43 rental transactions with monthly rents averaging $3,269/mo.

Rental rates by bedroom for BLUWATERS
TypeLeasesAvg RentMinMax
2 BR25$3,098/mo$2,200/mo$3,600/mo
3 BR18$3,506/mo$2,200/mo$4,600/mo
Rental trend for BLUWATERS
YearLeasesAvg Rent
20218$2,531/mo
20229$3,267/mo
202311$3,605/mo
20248$3,394/mo
20257$3,443/mo

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🧮Estimate Rental Yield for BLUWATERS

Investment Analysis

Based on average rents and sale prices, BLUWATERS delivers an estimated gross rental yield of 3.0%. This is below the 3% benchmark, suggesting stronger capital appreciation potential.

Investment Verdict: Below Average Yield
BLUWATERS offers a gross rental yield of 3.0% in District 17.

Competing Condos in District 17

Side-by-side comparison against the most actively traded condos in District 17 (Changi, Loyang):

District 17 condo comparison
CondoTenureUnitsAvg PSFSales
COASTAL CABANA99 years leasehold748$1,792 psf601
THE JOVELL99 yrs lease commencing from 2018428$1,395 psf269
KASSIAFreehold276$2,032 psf226
HEDGES PARK CONDOMINIUM99 yrs lease commencing from 2010501$1,153 psf195
PARC KOMOFreehold276$1,628 psf178

Location Map

Map shows BLUWATERS (centre marker) with nearby MRT stations and schools. Drag to pan, scroll to zoom.

  • BLUWATERS
  • Pasir Ris Crest Secondary School
  • Stamford American International School
  • Meridian Primary School

Nearby Schools

There are 9 schools within 2 km of BLUWATERS.

Schools near BLUWATERS
SchoolTypeDistance
Pasir Ris Crest Secondary SchoolSecondary1.5 km
Stamford American International SchoolInternational1.5 km
Meridian Primary SchoolPrimary1.5 km
Pasir Ris Primary SchoolPrimary1.5 km
Meridian Secondary SchoolSecondary1.5 km
Elias Park Primary SchoolPrimary1.6 km
Brighton College (Singapore)International1.7 km
Pasir Ris Secondary SchoolSecondary1.7 km
White Sands Primary SchoolPrimary1.8 km

FAQ

What is the average price for BLUWATERS?
The average transaction price is $1,309,967 across 15 sales.
What is the rental yield for BLUWATERS?
The estimated gross yield is 3.0%.
Is BLUWATERS freehold or leasehold?
BLUWATERS has a 946 yrs lease commencing from 1938 tenure with approximately 11 years remaining.

Methodology & Sources

This analysis covers All available years and refreshes as new data becomes available.

Transaction data sourced from URA REALIS.

  • Sales data: 15 transactions analysed
  • Rental data: 43 lease records analysed
  • Gross yield = (avg monthly rent × 12) / avg sale price

Median values used to minimise outlier impact. PSF = price per square foot.

View Live Data for BLUWATERS

Access the full interactive dashboard with real-time sales trends, rental yields, and investment calculators.

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New Sale vs Resale Mix

Of the 969 condo transactions recorded in District 17 over the last 12 months, 67% new sale, 33% resale. A resale-heavy mix points to an established market trading on fundamentals; a new-sale-heavy mix means developer launches are setting the price benchmarks.

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Price Index Check

The ShiokNest Price Index for District 17 reads 148.0 as of June 2026. The index tracks repeat-sales price movement, so it is less distorted by shifts in what happens to be transacting than a raw average PSF.

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HDB Alternatives Nearby

Weighing BLUWATERS against staying public? These HDB towns sit within walking or short-drive distance:

  • Pasir Ris — 4-room average $655,465 (590m away), an upgrader gap of about $650,000
  • Tampines — 4-room average $683,199 (1.9 km away), an upgrader gap of about $650,000
🧮Affordability Calculator
Can you afford BLUWATERS? Average price: $1,309,967
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