Waterfront Waves
A 405-unit condo in D16, completed in 2011, on a 99-year lease from 2007 with about 79 years left. Developed by Fcl Peak Pte Ltd.
Source: Condo master (URA caveats); URA transactions, Nov 2026
What brings you to Waterfront Waves?
Buying here? Get a second opinion. 3-bedders here sold for $2.088M to $2.28M over the last 12 months. Our consultants can run the numbers against your budget: which stack, what to pay, what to avoid. Free for buyers of private property.
Stacked works with licensed property agents.
Own a unit here? See what it’s worth. Units here sold at a median $1,671 psf over the last 12 months, across 9 sales. Find out where yours sits, and what your options are.
Stacked works with licensed property agents.
Comparing condos? Units here sold at a median $1,671 psf over the last 12 months, against $2,524 psf across D16 condos. Send us your shortlist and we’ll lay the numbers side by side. Free for buyers of private property.
Stacked works with licensed property agents.
Waterfront Waves prices
Prices by bedroom type are based on matching sales to unit sizes.
Show as a table
| Year | This condo | D16 average |
|---|---|---|
| 2026 | $1,644 | $2,295 |
| 2025 | $1,630 | $1,689 |
| 2024 | $1,532 | $1,535 |
| 2023 | $1,445 | $1,588 |
| 2022 | $1,260 | $1,414 |
| 2021 | $1,140 | $1,185 |
| 2020 | $1,110 | $1,123 |
| 2019 | $1,060 | $1,110 |
| 2018 | $1,136 | $1,182 |
| 2017 | $1,045 | $1,205 |
| 2016 | $1,044 | $1,160 |
| 2015 | $1,082 | $1,136 |
Show as a table
| Year | New sale | Sub sale | Resale | Total |
|---|---|---|---|---|
| 2026 | 0 | 0 | 7 | 7 |
| 2025 | 0 | 0 | 15 | 15 |
| 2024 | 0 | 0 | 15 | 15 |
| 2023 | 0 | 0 | 11 | 11 |
| 2022 | 0 | 0 | 18 | 18 |
| 2021 | 0 | 0 | 29 | 29 |
| 2020 | 0 | 0 | 16 | 16 |
| 2019 | 0 | 0 | 7 | 7 |
| 2018 | 0 | 0 | 12 | 12 |
| 2017 | 0 | 0 | 17 | 17 |
| 2016 | 0 | 0 | 13 | 13 |
| 2015 | 0 | 0 | 8 | 8 |
| 2014 | 0 | 0 | 7 | 7 |
| 2013 | 0 | 2 | 3 | 5 |
| 2012 | 0 | 25 | 0 | 25 |
| 2011 | 0 | 57 | 0 | 57 |
| 2010 | 37 | 29 | 0 | 66 |
| 2009 | 205 | 2 | 0 | 207 |
| 2008 | 134 | 0 | 0 | 134 |
Show all 22 sales
Prices by bedroom type are based on matching sales to unit sizes.
Source: URA caveats, Nov 2026. The 2026 averages cover Jan–Nov.
Waterfront Waves rent
D16 median rent: $3,925 a month; est. gross yield 2.3%.
Estimated gross yield: a year of median rent (leases starting Sep 2025–Aug 2026) over the average sale price of the last 12 months, before costs. No yield is shown with fewer than 3 sales in the year. Rents and sale prices both cover roughly the last 12 months, so read the yield as a guide to that year rather than an exact figure. A higher yield often reflects a lower price, such as an older lease, rather than a better buy.
Source: URA rental contracts, Aug 2026
99-year lease from 31 Oct 2007. About 79 years remain as of Nov 2026.
Source: Condo master (URA caveats)
Waterfront Waves floor plans by bedroom type
20 layouts, from a 1,313 sq ft 3-bedroom to a 3,014 sq ft penthouse. Pick a type to see its floor plans.
Source: Developer floor plans; bedroom counts read by Stacked
Near Waterfront Waves
Walking times and distances are estimates from OneMap walking routes; a station without a walking time shows the straight-line distance. Check OneMap for your exact route.
Distances are straight-line, which is what the 1 km and 2 km bands refer to; walking times are estimates from OneMap walking routes. Check the MOE website for confirmation.

Source: OneMap walking routes, Nov 2026
Condos and supply around Waterfront Waves
Source: URA transactions; URA land sales; OneMap distances, Nov 2026
Read more about Waterfront Waves
Dec 2025
How A Once “Ulu” Condo Launched In 1997 Became A Top Performer
Sep 2026
Simei Tops East Side Condo Rental Yields Among 62 Projects
Sep 2026
Laguna Green Tops Best Performing Two-Bedroom Condos In Bedok
Mar 2023
The Ultimate List Of 220 Condos With Sea/Waterfront Views
Sep 2021
A First-Time Homebuyer’s Journey: My Search For Waterfront Views + Review Of Waterfront Isle
Jun 2021
Units Of The Week Issue #66
3 more articles mention Waterfront Waves.
Source: Stacked Homes editorial
Questions about Waterfront Waves
How many years are left on the lease at Waterfront Waves?
About 79 years. It is a 99-year lease from 2007.
When was Waterfront Waves completed?
2011.
How many units does Waterfront Waves have?
405 units, up to 15 storeys.
What sizes are the 3-bedroom units?
1,313 to 1,367 sq ft across five layouts.
What is the price psf at Waterfront Waves?
9 sales in the last 12 months averaged $1,656 psf, ranging from $1,503 to $1,782 psf.
What did the latest sale go for?
A 2,992 sq ft unit sold for $5M ($1,671 psf) on 13 Oct 2026.
How much is the rent at Waterfront Waves?
Leases starting Sep 2025–Aug 2026 had a median rent of $5,500 a month ($4,000 for a 2-bedroom, $5,500 for a 3-bedroom and $6,300 for a 4-bedroom). That is an estimated gross yield of about 2.7%, before costs.
What is the nearest MRT station?
Bedok Reservoir (DT), an 8-minute walk (640 m). Bedok North (DT) is 1.6 km away.
Which primary schools are within 1 km?
Yu Neng Primary School, 530 m away, Red Swastika School, 680 m away and Fengshan Primary School, 960 m away.
Who developed Waterfront Waves?
Fcl Peak Pte Ltd.
Answers generated from the data on this page, Nov 2026