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Singapore Property News, Insights and Analysis

Completed 2011

Waterfront Waves

D16 · Bedok / Upper East Coast · 766 Bedok Reservoir Road

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

79 yrs
Lease left
$1,656
Avg $psf, 12 months
9
Sales, 12 months
2011
Completed

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.

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Get a second opinion
02 — Prices

Waterfront Waves prices

Last 12 months
9
Sales
$1,656
Average $psf
$1,503 – $1,782
$psf range
$1.49M – $5M
Price range
By bedroom type
Last 12 months
TypeSalesAvg $psfPrice rangeSize
3-Bedroom4 sales$1,662 psf$2.09M – $2.28M1,292–1,346 sq ft
4-Bedroom3 sales$1,717 psf$2.67M – $5M1,572–2,992 sq ft

Prices by bedroom type are based on matching sales to unit sizes.

By unit size
Last 12 months
SizeSalesAvg $psfAvg pricePrice range
900–1,099 sq ft2 sales$1,552 psfAvg $1.52M$1.49M – $1.55M
1,100–1,299 sq ft1 sale$1,616 psf$2.09M
1,300–1,599 sq ft5 sales$1,703 psfAvg $2.43M$2.2M – $2.8M
2,500–3,499 sq ft1 sale$1,671 psf$5M
Average $psf by year
In 2025, sales here averaged $1,630 psf, 3% below the D16 average of $1,689 psf for private homes (condos, apartments and ECs).
This condoD16 average
Show as a table
YearThis condoD16 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$1,136
Sales by year
669 sales since 2008; the busiest year was 2009 with 207. The 2026 bar covers Jan–Nov.
New saleSub saleResale
Show as a table
YearNew saleSub saleResaleTotal
20260077
2025001515
2024001515
2023001111
2022001818
2021002929
2020001616
20190077
2018001212
2017001717
2016001313
20150088
20140077
20130235
2012025025
2011057057
20103729066
200920520207
200813400134
Sales in the last two years
22 sales, newest first. Units show the floor only.
DateUnitSizePrice$psfType
13 Oct 2026#15-XX2,992 sq ft · 4-Bedroom$5M$1,671 psfResale
15 Sep 2026#04-XX1,292 sq ft · 3-Bedroom$2.09M$1,616 psfResale
2 Sep 2026#11-XX1,324 sq ft · 3-Bedroom$2.22M$1,677 psfResale
30 Jul 2026#01-XX990 sq ft$1.49M$1,503 psfResale
19 Jun 2026#06-XX1,324 sq ft · 3-Bedroom$2.2M$1,662 psfResale
17 Mar 2026#05-XX969 sq ft$1.55M$1,600 psfResale
5 Mar 2026#13-XX1,572 sq ft · 4-Bedroom$2.8M$1,782 psfResale
15 Dec 2025#13-XX1,346 sq ft · 3-Bedroom$2.28M$1,695 psfResale
2 Dec 2025#03-XX1,572 sq ft · 4-Bedroom$2.67M$1,699 psfResale
15 Oct 2025#11-XX1,346 sq ft · 3-Bedroom$2.26M$1,678 psfResale
Show all 22 sales
Compared with nearby condos

Prices by bedroom type are based on matching sales to unit sizes.

Source: URA caveats, Nov 2026. The 2026 averages cover Jan–Nov.

03 — Rent

Waterfront Waves rent

Leases starting Sep 2025–Aug 2026
27
Leases
$5,500
Median rent a month
$2.48M
Avg sale price, 12 months
2.7%
Est. gross yield

D16 median rent: $3,925 a month; est. gross yield 2.3%.

By bedroom type
TypeLeasesMedian rentMiddle halfD16 medianEst. yield
2-Bedroom8 leases$4,000 median$3,925 – $4,088D16 $3,800– yield
3-Bedroom12 leases$5,500 median$5,100 – $5,500D16 $4,8003.0% yield
4-Bedroom7 leases$6,300 median$6,200 – $6,700D16 $6,5452.2% yield
Rent and yield compared with nearby condos

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

04 — Lease
79years left of 99
2007Ends 2106

99-year lease from 31 Oct 2007. About 79 years remain as of Nov 2026.

Source: Condo master (URA caveats)

05 — Unit mix

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

06 — Location

Near Waterfront Waves

MRT stations
DT Bedok Reservoir 640 m · 8 min walk
DT Bedok North 1.6 km · 20 min walk
DT Tampines West 1.8 km · 22 min walk
EW Bedok 2.0 km · 24 min walk

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.

Primary schools
Within 1 km
Yu Neng Primary School 530 m · 6 min walk
Red Swastika SchoolPopular 680 m · 9 min walk
Fengshan Primary School 960 m · 14 min walk
Within 2 km
Damai Primary School 1.0 km · 14 min walk
St. Anthony's Canossian Primary School 1.3 km · 19 min walk
Junyuan Primary School 1.5 km · 27 min walk
St. Hilda's Primary SchoolPopular 1.5 km · 30 min walk
Bedok Green Primary School 1.9 km · 27 min walk

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.

Everyday amenities
Park Bedok Town Park 130 m · 2 min
Clinic LUSUMU Family Clinic 770 m · 9 min
Supermarket Cold Storage / Giant 640 m · 8 min
Hawker centre Kaki Bukit 511 Market and Food Centre 610 m · 7 min
Map of the area around Waterfront Waves, with nearby MRT stations and primary schools
Map data © OpenStreetMap contributors

Source: OneMap walking routes, Nov 2026

07 — Nearby

Condos and supply around Waterfront Waves

Upcoming supply
New Upper Changi Road1.4 km · about 983 units · 3.16 ha Awarded · $16,545 psm GFA · Sep 2026
Bedok Rise2.3 km · about 361 units · 2.03 ha Awarded · $14,315 psm GFA · Dec 2025
Bayshore Road2.9 km · about 490 units · 1.05 ha Awarded · $14,945 psm GFA · Mar 2025

Source: URA transactions; URA land sales; OneMap distances, Nov 2026

08 — From Stacked

Read more about Waterfront Waves

3 more articles mention Waterfront Waves.

Source: Stacked Homes editorial

09 — FAQ

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