We track 28 sales and 92 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the THE WATERLINE dashboard.
- Average sale price: $1,528,667 across 28 transactions
- Estimated gross rental yield: 3.0%
- District 19 PSF ranking: Mid-range (top 60%)
- Freehold tenure · OCR · D19 · 103 units
About THE WATERLINE
THE WATERLINE is a freehold condominium, located at POH HUAT ROAD WEST in District 19 (Punggol, Hougang, Serangoon Gardens) (Outside Central Region), comprising 103 residential units.
As a freehold property, THE WATERLINE does not face lease decay concerns.
Unit Mix Distribution
Transaction data breakdown by bedroom type at THE WATERLINE:
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| 1 BR | 3 | $1,344 psf | $694,296 |
| 2 BR | 6 | $1,279 psf | $1,111,333 |
| 3 BR | 12 | $1,333 psf | $1,567,148 |
| 4 BR | 3 | $1,330 psf | $2,040,000 |
| 5+ BR | 4 | $1,087 psf | $2,281,500 |
Sales Market Overview
THE WATERLINE has recorded 28 sale transactions with an average transaction price of $1,528,667, ranging from $640,000 to $2,500,000.
| Year | Sales | Avg PSF | Avg Price | YoY |
|---|---|---|---|---|
| 2021 | 11 | $1,159 psf | $1,319,899 | — |
| 2022 | 3 | $1,197 psf | $1,883,333 | ↑ 3.3% |
| 2023 | 2 | $1,206 psf | $1,710,000 | ↑ 0.7% |
| 2024 | 5 | $1,370 psf | $1,521,600 | ↑ 13.6% |
| 2025 | 5 | $1,485 psf | $1,563,378 | ↑ 8.4% |
| 2026 | 2 | $1,509 psf | $1,894,444 | ↑ 1.6% |
THE WATERLINE ranks in the top 60% of condos in District 19 by average PSF.
Compared to the OCR average of $1,550 psf, THE WATERLINE trades 17% below the segment benchmark.
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Rental Market Overview
THE WATERLINE has recorded 92 rental transactions with monthly rents averaging $3,855/mo.
| Type | Leases | Avg Rent | Min | Max |
|---|---|---|---|---|
| 1 BR | 20 | $2,535/mo | $1,800/mo | $3,000/mo |
| 2 BR | 20 | $3,183/mo | $2,500/mo | $3,700/mo |
| 3 BR | 37 | $3,941/mo | $2,700/mo | $6,800/mo |
| 4 BR | 15 | $6,300/mo | $4,600/mo | $7,500/mo |
| Year | Leases | Avg Rent |
|---|---|---|
| 2021 | 19 | $2,921/mo |
| 2022 | 18 | $4,225/mo |
| 2023 | 13 | $3,965/mo |
| 2024 | 17 | $4,203/mo |
| 2025 | 18 | $4,069/mo |
| 2026 | 7 | $3,836/mo |
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Investment Analysis
Based on average rents and sale prices, THE WATERLINE delivers an estimated gross rental yield of 3.0%. This is above the Singapore-wide benchmark of approximately 3%.
Competing Condos in District 19
Side-by-side comparison against the most actively traded condos in District 19 (Punggol, Hougang, Serangoon Gardens):
| Condo | Tenure | Units | Avg PSF | Sales |
|---|---|---|---|---|
| CHUAN PARK | 99 yrs lease commencing from 2024 | 916 | $2,596 psf | 868 |
| THE FLORENCE RESIDENCES | 99 yrs lease commencing from 2018 | 1410 | $1,746 psf | 849 |
| RIVERFRONT RESIDENCES | 99 yrs lease commencing from 2018 | 1451 | $1,590 psf | 629 |
| AFFINITY AT SERANGOON | 99 yrs lease commencing from 2018 | 1012 | $1,699 psf | 597 |
| SERANGOON GARDEN ESTATE | Freehold | — | $1,742 psf | 467 |
Location Map
Map shows THE WATERLINE (centre marker) with nearby MRT stations and schools. Drag to pan, scroll to zoom.
- THE WATERLINE
- Kovan MRT
- Yangzheng Primary School
- Rosyth School
- Xinghua Primary School
Nearby MRT Stations
THE WATERLINE is 1.2 km from Kovan MRT (North-East Line).
| Station | Code | Line | Distance |
|---|---|---|---|
| Kovan | NE13 | North-East Line | 1.2 km |
Nearby Schools
There are 21 schools within 2 km of THE WATERLINE, including 7 within the 1 km priority zone.
| School | Type | Distance |
|---|---|---|
| Yangzheng Primary School | Primary | 250m |
| Rosyth School | Primary | 310m |
| Xinghua Primary School | Primary | 420m |
| Xinmin Secondary School | Secondary | 740m |
| Xinmin Primary School | Primary | 770m |
| Townsville Primary School | Primary | 790m |
| Serangoon Secondary School | Secondary | 950m |
| Presbyterian High School | Secondary | 1.0 km |
| Serangoon Garden Secondary School | Secondary | 1.0 km |
| Holy Innocents' High School | Secondary | 1.1 km |
| Holy Innocents' Primary School | Primary | 1.2 km |
| Cedar Primary School | Primary | 1.2 km |
FAQ
What is the average price for THE WATERLINE?
What is the rental yield for THE WATERLINE?
Is THE WATERLINE freehold or leasehold?
Methodology & Sources
This analysis covers All available years and refreshes as new data becomes available.
Transaction data sourced from URA REALIS.
- Sales data: 28 transactions analysed
- Rental data: 92 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 THE WATERLINE
Access the full interactive dashboard with real-time sales trends, rental yields, and investment calculators.