BLUWATERS 2

Condo Profile 5 min read Last reviewed
For: First-time buyersInvestorsHDB upgraders
Source: URA REALIS
TL;DR
BLUWATERS 2 is a 946 yrs lease commencing from 1938 condominium in D17 (Outside Central Region), developed by NOVELTY CAPITAL PTE LTD, completed in 2010. Average price: $1,283,673. Gross yield: 3.2%.

We track 22 sales and 52 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the BLUWATERS 2 dashboard.

Data as of July 2026
Key Takeaways
  • Average sale price: $1,290,658 across 22 transactions
  • Estimated gross rental yield: 3.2%
  • District 17 PSF ranking: Value tier (top 82%)
  • 946 yrs lease commencing from 1938 · OCR · D17 · 71 units

About BLUWATERS 2

BLUWATERS 2 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 CAPITAL PTE LTD, comprising 71 residential units, completed in 2010.

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

D17
District
OCR
Outside Central Region
71
Total Units
2010
TOP Year
11 yrs
Lease Left
3.2%
Gross Yield

Unit Mix Distribution

Transaction data breakdown by bedroom type at BLUWATERS 2:

Unit mix for BLUWATERS 2
TypeSalesAvg PSFAvg Price
2 BR9$1,087 psf$964,099
3 BR5$1,068 psf$1,171,180
4 BR3$869 psf$1,443,629
5+ BR5$756 psf$1,906,160
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Sales Market Overview

$1,290,658
Avg Price
$833,000
Lowest Sale
$2,100,800
Highest Sale
22
Total Sales

BLUWATERS 2 has recorded 22 sale transactions with an average transaction price of $1,290,658, ranging from $833,000 to $2,100,800.

Price & PSF trend for BLUWATERS 2
YearSalesAvg PSFAvg PriceYoY
20219$824 psf$1,239,287
20224$947 psf$1,378,750↑ 15.0%
20233$1,079 psf$1,456,000↑ 13.9%
20243$1,108 psf$1,362,296↑ 2.7%
20253$1,251 psf$1,090,333↑ 12.9%

BLUWATERS 2 ranks in the top 82% of condos in District 17 by average PSF.

Compared to the OCR average of $1,550 psf, BLUWATERS 2 trades 36.9% below the segment benchmark.

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Rental Market Overview

$3,453/mo
Avg Rent
$2,000/mo
Lowest
$8,000/mo
Highest
52
Total Leases

BLUWATERS 2 has recorded 52 rental transactions with monthly rents averaging $3,453/mo.

Rental rates by bedroom for BLUWATERS 2
TypeLeasesAvg RentMinMax
2 BR42$3,039/mo$2,000/mo$3,900/mo
3 BR10$5,188/mo$2,650/mo$8,000/mo
Rental trend for BLUWATERS 2
YearLeasesAvg Rent
202112$2,940/mo
20225$3,130/mo
202312$3,496/mo
202412$3,775/mo
20259$3,794/mo
20262$3,600/mo

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🧮Estimate Rental Yield for BLUWATERS 2

Investment Analysis

Based on average rents and sale prices, BLUWATERS 2 delivers an estimated gross rental yield of 3.2%. This is above the Singapore-wide benchmark of approximately 3%.

Investment Verdict: Moderate Yield
BLUWATERS 2 offers a gross rental yield of 3.2% 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 2 (centre marker) with nearby MRT stations and schools. Drag to pan, scroll to zoom.

  • BLUWATERS 2
  • Pasir Ris Crest Secondary School
  • Meridian Primary School
  • Stamford American International School

Nearby Schools

There are 9 schools within 2 km of BLUWATERS 2.

Schools near BLUWATERS 2
SchoolTypeDistance
Pasir Ris Crest Secondary SchoolSecondary1.5 km
Meridian Primary SchoolPrimary1.6 km
Stamford American International SchoolInternational1.6 km
Pasir Ris Primary SchoolPrimary1.6 km
Meridian Secondary SchoolSecondary1.6 km
Elias Park Primary SchoolPrimary1.7 km
Brighton College (Singapore)International1.7 km
Pasir Ris Secondary SchoolSecondary1.8 km
White Sands Primary SchoolPrimary1.9 km

FAQ

What is the average price for BLUWATERS 2?
The average transaction price is $1,290,658 across 22 sales.
What is the rental yield for BLUWATERS 2?
The estimated gross yield is 3.2%.
Is BLUWATERS 2 freehold or leasehold?
BLUWATERS 2 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: 22 transactions analysed
  • Rental data: 52 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 2

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

  • Pasir Ris — 4-room average $655,465 (640m away), an upgrader gap of about $650,000
  • Tampines — 4-room average $683,199 (2 km away), an upgrader gap of about $600,000
🧮Affordability Calculator
Can you afford BLUWATERS 2? Average price: $1,283,673
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