CAMELOT BY-THE-WATER Review

Condo Review 4 min read Last reviewed
District 15 · 99 yrs lease commencing from 1996 · Completed 2001
~$1,739Avg PSF (12-month)
99Total units
Category Ratings
Walkability
3.0
Investment
6.1
En-Bloc Potential
6.3
ShiokNest Score
5.7

Overview & Key Facts

CAMELOT BY-THE-WATER is a 99 yrs lease commencing from 1996 condominium at TANJONG RHU ROAD in District 15 (RCR), developed by CENTREPOINT PROPERTIES LTD, comprising 99 units, completed in 2001.

Developer
CENTREPOINT PROPERTIES LTD
Tenure
99 yrs lease commencing from 1996
Total units
99
TOP year
2001
District
15 — RCR
Street
TANJONG RHU ROAD
Lease remaining
~69 years (of 99)

Location & Connectivity

CAMELOT BY-THE-WATER is approximately 590m from Stadium MRT station, with 5 stations within 1.5 km.

MRT stations near CAMELOT BY-THE-WATER
StationLineDistance
StadiumCircle Line590m
Tanjong RhuThomson-East Coast Line600m
Katong ParkThomson-East Coast Line1.1 km
MountbattenCircle Line1.3 km
Nicoll HighwayCircle Line1.3 km

Schools & Education

2 schools within 2 km.

Schools near CAMELOT BY-THE-WATER
SchoolTypeDistance
One World International School (Mountbatten)International1.5 km
St. Andrew's Junior SchoolPrimary2 km

Market Position

CAMELOT BY-THE-WATER has recorded 13 sales at an average price of $4,939,923.

CAMELOT BY-THE-WATER sits at the 67th percentile of District 15 condo PSF.
$1,739 psf
Avg PSF (12mo)
$4,939,923
Avg Price
2.7%
Gross Yield
13
Total Sales

Price Appreciation

PSF trend for CAMELOT BY-THE-WATER
YearSalesAvg PSFYoY
20212$1,441 psf
20225$1,699 psf↑ 17.9%
20232$2,016 psf↑ 18.6%
20242$1,530 psf↓ 24.1%
20251$1,518 psf↓ 0.8%
20261$1,960 psf↑ 29.1%

Loading chart data...

From the 2023 high, CAMELOT BY-THE-WATER prices have given back 2.8% — still 36.1% above the 2021 baseline. The most recent period recovered 29.1%, so the pullback may be finding a floor.

Price Index Check

The ShiokNest Price Index for District 15 reads 117.7 as of June 2026 — down 9.0% 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 15 competitors
CondoTenureAvg PSFSales
GRAND DUNMAN99 yrs lease commencing from 2022$2,536 psf912
EMERALD OF KATONG99 yrs lease commencing from 2023$2,640 psf844
THE CONTINUUMFreehold$2,790 psf781
TEMBUSU GRAND99 yrs lease commencing from 2022$2,467 psf644
AMBER PARKFreehold$2,548 psf396

Lease Analysis

With 69 years remaining on its 99-year lease, CAMELOT BY-THE-WATER still qualifies for full bank financing and CPF usage.

What Could Work Against You

  • The remaining lease of roughly 69 years is comfortable today, though long-horizon owners will sell into a progressively lease-sensitive market.
  • With just 1 sales in the trailing year, pricing signals are indicative rather than definitive; expect wider bid-ask spreads when you negotiate.

Who This Actually Suits

Buyers most likely to be happy here: car-owning households, sports / active lifestyle, sea-view / waterfront and yield-focused investors. Parking and arterial road access matter more here than walking-distance MRT.

It is a weaker fit for short-term flippers (<5 yr) — other options likely serve them better. TOP 2001 keeps the SSD window in mind for buyers exploring the 3-5 year resale-arbitrage strategy.

One caution flagged here: avoid if mrt-dependent — MRT access is meaningfully constrained — transit-dependent buyers should consider better-connected alternatives.


Verdict

CAMELOT BY-THE-WATER is a 99 yrs lease commencing from 1996 development in District 15 (RCR), with 99 units, offering a gross yield of 2.7%.

At ~$1,739 psf, it sits at a city-fringe price point balancing accessibility and value.

Explore the full CAMELOT BY-THE-WATER dashboard for interactive analytics.

HDB Alternatives Nearby

Weighing CAMELOT BY-THE-WATER against staying public? These HDB towns sit within walking or short-drive distance:

  • Kallang/whampoa — 4-room average $882,887 (930m away), an upgrader gap of about $4,050,000
  • Geylang — 4-room average $761,443 (1.3 km away), an upgrader gap of about $4,200,000

FAQ

What is the average PSF for CAMELOT BY-THE-WATER?
The 12-month average is approximately $1,739 psf.
Is CAMELOT BY-THE-WATER freehold?
CAMELOT BY-THE-WATER has a 99 yrs lease commencing from 1996 tenure with ~69 years remaining.
What is the rental yield for CAMELOT BY-THE-WATER?
The estimated gross yield is 2.7%.
Which MRT is nearest to CAMELOT BY-THE-WATER?
The nearest is Stadium MRT at 590m.

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: 13 transactions
  • Rental data: 68 leases
  • Source: URA REALIS

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

Data as of February 2026

Latest recorded data point: Feb 2026 · 13 records analysed · Source: URA private-sale caveats

👍Helpful0💡Insightful0📅Outdated0
Related Properties: