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Singapore Property News, Insights and Analysis

Completed 2012

Waterfront Key

D16 · Bedok / Upper East Coast · 780 Bedok Reservoir Road

A 437-unit condo in D16, completed in 2012, on a 99-year lease from 2007 with about 80 years left. Developed by Far East Organisation.

Source: Condo master (URA caveats); URA transactions, Sep 2026

80 yrs
Lease left
$1,778
Avg $psf, 12 months
11
Sales, 12 months
2012
Completed
Waterfront Key
02 — Prices

Waterfront Key prices

Last 12 months
11
Sales
$1,778
Average $psf
$1,659 – $1,950
$psf range
$1.4M – $2.85M
Price range
By unit size
Last 12 months
SizeSalesAvg $psfAvg pricePrice range
700–899 sq ft2 sales$1,709 psfAvg $1.44M$1.4M – $1.49M
1,100–1,299 sq ft7 sales$1,779 psfAvg $2.17M$2.02M – $2.46M
1,300–1,599 sq ft2 sales$1,841 psfAvg $2.61M$2.37M – $2.85M
Average $psf by year
In 2025, sales here averaged $1,744 psf, 3% above 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$1,796$2,325
2025$1,744$1,689
2024$1,659$1,535
2023$1,515$1,588
2022$1,359$1,414
2021$1,185$1,185
2020$1,152$1,123
2019$1,180$1,110
2018$1,166$1,182
2017$1,048$1,205
2016$1,078$1,160
2015$1,191$1,136
Sales by year
696 sales since 2009; the busiest year was 2009 with 192. The 2026 bar covers Jan–Sep.
New saleSub saleResale
Show as a table
YearNew saleSub saleResaleTotal
20260099
2025001414
2024001212
2023001515
2022002222
2021003030
2020001818
2019001212
2018002323
2017001919
2016001010
20150099
20140044
2013013417
2012254056
20117023093
2010122190141
200919200192
Sales in the last two years
25 sales, newest first. Units show the floor only.
DateUnitSizePrice$psfType
10 Sep 2026#09-XX1,259 sq ft$2.46M$1,950 psfResale
28 Aug 2026#05-XX850 sq ft$1.49M$1,750 psfResale
5 Aug 2026#07-XX1,518 sq ft$2.85M$1,878 psfResale
27 Jul 2026#05-XX1,313 sq ft$2.37M$1,803 psfResale
29 Jun 2026#13-XX1,216 sq ft$2.2M$1,809 psfResale
4 Jun 2026#14-XX1,173 sq ft$2.17M$1,849 psfResale
23 Apr 2026#04-XX840 sq ft$1.4M$1,667 psfResale
17 Apr 2026#06-XX1,249 sq ft$2.18M$1,746 psfResale
23 Feb 2026#03-XX1,206 sq ft$2.07M$1,715 psfResale
10 Oct 2025#11-XX1,216 sq ft$2.1M$1,727 psfResale
Show all 25 sales
Compared with nearby condos

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

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

03 — Rent

Waterfront Key rent

Leases starting Sep 2025–Aug 2026
50
Leases
$5,100
Median rent a month
$2.12M
Avg sale price, 12 months
2.9%
Est. gross yield

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

By bedroom type
TypeLeasesMedian rentMiddle halfD16 median
2-Bedroom18 leases$4,000 median$3,888 – $4,112D16 $3,800
3-Bedroom23 leases$5,400 median$5,000 – $5,800D16 $4,800
4-Bedroom9 leases$6,300 median$6,150 – $7,000D16 $6,545
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
80years left of 99
2007Ends 2106

99-year lease from 31 Oct 2007. About 80 years remain as of Sep 2026.

Source: Condo master (URA caveats)

05 — Unit mix

Waterfront Key floor plans by bedroom type

19 layouts. Pick a type to see its floor plans.

Source: Developer floor plans; bedroom counts read by Stacked

06 — Location

Near Waterfront Key

MRT stations
DT Bedok Reservoir 460 m · 6 min walk
DT Tampines West 1.3 km
EW Bedok 1.5 km
DT Bedok North 1.5 km

Walking times are estimates based on OneMap walking routes; stations without one are straight-line distances. Check OneMap for your exact route.

Primary schools
Within 1 km
Yu Neng Primary School 400 m
Red Swastika SchoolPopular 500 m
Fengshan Primary School 860 m
Within 2 km
St. Anthony's Canossian Primary School 1.1 km
Damai Primary School 1.2 km
Junyuan Primary School 1.4 km
St. Hilda's Primary SchoolPopular 1.5 km
Bedok Green Primary School 1.7 km
Tampines Primary School 2.0 km

Based on straight-line distance only. Check the MOE website for confirmation.

Everyday amenities
Park Bedok Town Park 620 m · 7 min
Clinic Island Family Clinic (Bedok) 700 m · 8 min
Supermarket Cold Storage / Giant 1.1 km · 13 min
Hawker centre Kaki Bukit 511 Market and Food Centre 1.1 km · 13 min
Map of the area around Waterfront Key, with nearby MRT stations and primary schools
Map data © OpenStreetMap contributors

Source: OneMap walking routes, Sep 2026

07 — Nearby

Condos and supply around Waterfront Key

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, Sep 2026

08 — From Stacked

Read more about Waterfront Key

5 more articles mention Waterfront Key.

Source: Stacked Homes editorial

09 — FAQ

Questions about Waterfront Key

How many years are left on the lease at Waterfront Key?

About 80 years. It is a 99-year lease from 2007.

When was Waterfront Key completed?

2012.

How many units does Waterfront Key have?

437 units, up to 13 storeys.

What is the price psf at Waterfront Key?

11 sales in the last 12 months averaged $1,778 psf, ranging from $1,659 to $1,950 psf.

What did the latest sale go for?

A 1,259 sq ft unit sold for $2.46M ($1,950 psf) on 10 Sep 2026.

How much is the rent at Waterfront Key?

Leases starting Sep 2025–Aug 2026 had a median rent of $5,100 a month ($4,000 for a 2-bedroom, $5,400 for a 3-bedroom and $6,300 for a 4-bedroom). That is an estimated gross yield of about 2.9%, before costs.

What is the nearest MRT station?

Bedok Reservoir (DT), a 6-minute walk (460 m). Tampines West (DT) is 1.3 km away.

Which primary schools are within 1 km?

Yu Neng Primary School, 400 m away, Red Swastika School, 500 m away and Fengshan Primary School, 860 m away.

Who developed Waterfront Key?

Far East Organisation.

Answers generated from the data on this page, Sep 2026