H2O RESIDENCES Review

Condo Review 5 min read Last reviewed
District 28 · 99 yrs lease commencing from 2010 · Completed 2015
~$1,468Avg PSF (12-month)
521Total units
Category Ratings
Walkability
6.3
Investment
7.0
En-Bloc Potential
2.0
ShiokNest Score
4.9

Overview & Key Facts

H2O RESIDENCES is a 99 yrs lease commencing from 2010 condominium at FERNVALE LINK in District 28 (OCR), developed by IMPAC HOLDINGS PTE LTD, comprising 521 units, completed in 2015.

Developer
IMPAC HOLDINGS PTE LTD
Tenure
99 yrs lease commencing from 2010
Total units
521
TOP year
2015
District
28 — OCR
Street
FERNVALE LINK
Lease remaining
~83 years (of 99)

Location & Connectivity

H2O RESIDENCES is approximately 60m from Layar MRT station, with 7 stations within 1.5 km.

MRT stations near H2O RESIDENCES
StationLineDistance
LayarSengkang LRT60m
FernvaleSengkang LRT470m
KupangSengkang LRT670m
TongkangSengkang LRT730m
ThanggamSengkang LRT780m
FarmwaySengkang LRT1.1 km

Schools & Education

14 schools within 2 km (4 within 1 km priority zone).

Schools near H2O RESIDENCES
SchoolTypeDistance
Fernvale Primary SchoolPrimary310m
Chongfu SchoolPrimary320m
North Vista Primary SchoolPrimary530m
North Vista Secondary SchoolSecondary530m
Anchor Green Primary SchoolPrimary1.2 km
Nan Chiau Primary SchoolPrimary1.4 km
Sengkang Secondary SchoolSecondary1.4 km
Seng Kang Primary SchoolPrimary1.6 km

Unit Mix & Pricing

Unit mix for H2O RESIDENCES
TypeSalesAvg PSFAvg Price
1 BR5$1,320 psf$696,000
2 BR81$1,235 psf$1,009,567
3 BR51$1,292 psf$1,482,684
4 BR13$1,416 psf$2,005,444

Market Position

H2O RESIDENCES has recorded 150 sales at an average price of $1,246,284.

H2O RESIDENCES sits at the 44th percentile of District 28 condo PSF.
$1,468 psf
Avg PSF (12mo)
$1,246,284
Avg Price
3.0%
Gross Yield
150
Total Sales

Rental Yield by Bedroom Type

Blended yield hides the spread between unit sizes — smaller units at H2O RESIDENCES typically rent harder per dollar of purchase price:

Per-bedroom gross yield at H2O RESIDENCES
TypeAvg RentAvg PriceGross Yield
1 BR$2,420/mo$696,0004.17%
2 BR$2,982/mo$1,009,5673.54%
3 BR$3,733/mo$1,482,6843.02%
4 BR$4,148/mo$2,005,4442.48%

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Price Appreciation

PSF trend for H2O RESIDENCES
YearSalesAvg PSFYoY
202137$1,091 psf
202233$1,194 psf↑ 9.4%
202324$1,303 psf↑ 9.1%
202420$1,355 psf↑ 4.0%
202528$1,452 psf↑ 7.1%
20268$1,523 psf↑ 4.9%

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H2O RESIDENCES prices sit at a fresh series high after a 4.9% gain on the prior period, now 39.6% above the 2021 starting level.

Price Index Check

The ShiokNest Price Index for District 28 reads 163.6 as of June 2026 — down 1.7% 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.

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Neighbourhood Comparison

District 28 competitors
CondoTenureAvg PSFSales
PARC GREENWICH99 yrs lease commencing from 2020$1,234 psf496
HIGH PARK RESIDENCES99 yrs lease commencing from 2014$1,486 psf418
THE TOPIARY99 yrs lease commencing from 2012$1,224 psf403
PARC BOTANNIA99 yrs lease commencing from 2016$1,595 psf214
SELETAR HILLS ESTATE999 yrs lease commencing from 1879$1,507 psf203

Lease Analysis

With 83 years remaining on its 99-year lease, H2O RESIDENCES still qualifies for full bank financing and CPF usage.

Who This Actually Suits

This is a strong match for families with young children, mrt-walkable commuters, pet owners and yield-focused investors. Family-suitable layout and OCR (Outside Central Region) location with established school catchments nearby.


Verdict

H2O RESIDENCES is a 99 yrs lease commencing from 2010 development in District 28 (OCR), with 521 units, offering a gross yield of 3.0%.

At ~$1,468 psf, it represents a competitive entry point in the OCR segment.

Explore the full H2O RESIDENCES dashboard for interactive analytics.

HDB Alternatives Nearby

Weighing H2O RESIDENCES against staying public? These HDB towns sit within walking or short-drive distance:

  • Sengkang — 4-room average $658,294 (100m away), an upgrader gap of about $600,000
  • Hougang — 4-room average $630,510 (650m away), an upgrader gap of about $600,000
  • Punggol — 4-room average $686,521 (1.5 km away), an upgrader gap of about $550,000

FAQ

What is the average PSF for H2O RESIDENCES?
The 12-month average is approximately $1,468 psf.
Is H2O RESIDENCES freehold?
H2O RESIDENCES has a 99 yrs lease commencing from 2010 tenure with ~83 years remaining.
What is the rental yield for H2O RESIDENCES?
The estimated gross yield is 3.0%.
Which MRT is nearest to H2O RESIDENCES?
The nearest is Layar MRT at 60m.

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: 150 transactions
  • Rental data: 410 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 · 150 records analysed · Source: URA private-sale caveats

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