BELLEWATERS Review

Condo Review 4 min read Last reviewed
District 19 · 99 yrs lease commencing from 2013 · Completed 2017
~$1,498Avg PSF (12-month)
651Total units
Category Ratings
Walkability
6.5
Investment
7.4
En-Bloc Potential
1.7
ShiokNest Score
5.1

Overview & Key Facts

BELLEWATERS is a 99 yrs lease commencing from 2013 condominium at ANCHORVALE CRESCENT in District 19 (OCR), developed by QINGJIAN REALTY (ANCHORVALE) PTE LTD, comprising 651 units, completed in 2017.

Developer
QINGJIAN REALTY (ANCHORVALE) PTE LTD
Tenure
99 yrs lease commencing from 2013
Total units
651
TOP year
2017
District
19 — OCR
Street
ANCHORVALE CRESCENT
Lease remaining
~86 years (of 99)

Location & Connectivity

BELLEWATERS is approximately 340m from Farmway MRT station, with 13 stations within 1.5 km.

MRT stations near BELLEWATERS
StationLineDistance
FarmwaySengkang LRT340m
Cheng LimSengkang LRT430m
Soo TeckPunggol LRT980m
SengkangNorth-East Line1 km
SengkangSengkang LRT1 km
KupangSengkang LRT1.1 km

Schools & Education

19 schools within 2 km (3 within 1 km priority zone).

Schools near BELLEWATERS
SchoolTypeDistance
Compassvale Secondary SchoolSecondary800m
Sengkang Green Primary SchoolPrimary910m
Anchor Green Primary SchoolPrimary1 km
Greendale Primary SchoolPrimary1.1 km
Greendale Secondary SchoolSecondary1.1 km
Compassvale Primary SchoolPrimary1.1 km
Sengkang Secondary SchoolSecondary1.2 km
Seng Kang Primary SchoolPrimary1.2 km

Unit Mix & Pricing

Unit mix for BELLEWATERS
TypeSalesAvg PSFAvg Price
2 BR28$1,316 psf$1,218,103
3 BR257$1,303 psf$1,492,299
4 BR37$1,226 psf$1,836,182

Market Position

BELLEWATERS has recorded 322 sales at an average price of $1,507,970.

BELLEWATERS sits at the 40th percentile of District 19 condo PSF.
$1,498 psf
Avg PSF (12mo)
$1,507,970
Avg Price
3.6%
Gross Yield
322
Total Sales

Rental Yield by Bedroom Type

Blended yield hides the spread between unit sizes — smaller units at BELLEWATERS typically rent harder per dollar of purchase price:

Per-bedroom gross yield at BELLEWATERS
TypeAvg RentAvg PriceGross Yield
3 BR$4,243/mo$1,492,2993.41%
4 BR$4,910/mo$1,836,1823.21%

Loading chart data...


Price Appreciation

PSF trend for BELLEWATERS
YearSalesAvg PSFYoY
20218$1,036 psf
2022144$1,189 psf↑ 14.7%
202362$1,305 psf↑ 9.8%
202443$1,378 psf↑ 5.6%
202548$1,477 psf↑ 7.2%
202617$1,559 psf↑ 5.5%

Loading chart data...

BELLEWATERS prices sit at a fresh series high after a 5.5% gain on the prior period, now 50.4% above the 2021 starting level.

Price Index Check

The ShiokNest Price Index for District 19 reads 137.0 as of June 2026 — up 2.0% year-on-year. 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.

Loading chart data...


Neighbourhood Comparison

District 19 competitors
CondoTenureAvg PSFSales
CHUAN PARK99 yrs lease commencing from 2024$2,596 psf883
THE FLORENCE RESIDENCES99 yrs lease commencing from 2018$1,751 psf869
RIVERFRONT RESIDENCES99 yrs lease commencing from 2018$1,595 psf642
AFFINITY AT SERANGOON99 yrs lease commencing from 2018$1,699 psf602
SERANGOON GARDEN ESTATEFreehold$1,757 psf487

Lease Analysis

With 86 years remaining on its 99-year lease, BELLEWATERS still qualifies for full bank financing and CPF usage.

Who This Actually Suits

Buyers most likely to be happy here: mrt-walkable commuters, nature / park-fronting, yield-focused investors and foreign / absd-aware buyers. MRT proximity is the standout commute feature for daily transit users.


Verdict

BELLEWATERS is a 99 yrs lease commencing from 2013 development in District 19 (OCR), with 651 units, offering a gross yield of 3.6%.

At ~$1,498 psf, it represents a competitive entry point in the OCR segment.

Explore the full BELLEWATERS dashboard for interactive analytics.

HDB Alternatives Nearby

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

  • Sengkang — 4-room average $658,294 (120m away), an upgrader gap of about $850,000
  • Punggol — 4-room average $686,521 (200m away), an upgrader gap of about $800,000
  • Hougang — 4-room average $630,510 (1.7 km away), an upgrader gap of about $900,000

FAQ

What is the average PSF for BELLEWATERS?
The 12-month average is approximately $1,498 psf.
Is BELLEWATERS freehold?
BELLEWATERS has a 99 yrs lease commencing from 2013 tenure with ~86 years remaining.
What is the rental yield for BELLEWATERS?
The estimated gross yield is 3.6%.
Which MRT is nearest to BELLEWATERS?
The nearest is Farmway MRT at 340m.

Sources & Next Steps

Methodology & Sources

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

Transaction data sourced from URA REALIS.

  • Sales data: 322 transactions
  • Rental data: 64 leases
  • Source: URA REALIS

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

Data as of June 2026

Latest recorded data point: Jun 2026 · 322 records analysed · Source: URA private-sale caveats

👍Helpful0💡Insightful0📅Outdated0
Related Properties: