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THE WATERDALE

Garlick Avenue · D10 Bukit Timah
Condominium99-year
—
median $psf
—
median rent · psf/mo
—
gross rental yield
—
highest floor
398
total units
—
TOP / completion
29
/ 100
HomeVestor Investor Score
Best for: a balanced mix
Watch out for: Thin transactions, Limited rental data
Data confidence: Low · overall risk: Moderate
Yield—
Cashflow—
Liquidity15
Growth46
Family25
How is this worked out? — the five sub-scores
Yield
Gross rental yield, scored across a 2.0–4.5% band.
Cashflow
Estimated net monthly cash at 75% LTV and today’s floating rate, rented out.
Liquidity
Project size plus sales & rental volume — how easily you could exit.
Growth
URA growth-node, MRT proximity and recent price momentum.
Family
A popular (oversubscribed) primary school within 1 km.
Overall
The average of the five sub-scores (each 0–100, higher = better).
Risk flags
Thin transactions — 0 sales in 12 months, so the price signal is noisy · Limited rental data — 0 rental contracts, so the yield estimate is soft
Note: risk flags are screening signals from the data — not confirmed defects; check each against the actual unit, title & MCST.
A screening heuristic — not financial advice; verify every figure and your own budget before transacting.
Investor verdict

The Waterdale is a 69-yr remaining leasehold project in D10 Bukit Timah with limited yield data, thin liquidity. It sits in no designated growth node.

Best suited for
  • balanced own-stay / investor buyers
Less suited for
  • pure rental-yield investors
  • capital-growth-led investors
Key due-diligence
  • Confirm the exact unit stack, facing and floor — our figures are project medians.
  • Stress-test cashflow at +1–2% interest in the calculator below.
  • Factor lease decay into your exit horizon.

Investment report

A plain-language read on The Waterdale — genuine strengths, honest risks, an independent fair-value range and a Buy / Watch / Avoid position, all from the data above.

Liquidity-thinLease-sensitivesignals — how they're defined
Why this may work
  • Well-sized 398-unit project — larger developments trade at firmer $psf and resell faster.
Why this may fail / what to watch
  • Short remaining lease (~69 yrs) — faster lease decay, plus CPF-usage and financing curbs as it nears 60 yrs.
  • Thin liquidity (0 sales/12 mo) — a slower, choppier exit and a softer price signal.
  • Check nearby new-launch & upcoming TOP supply — a fresh project within walking distance can cap rents and resale for a few years.
Signals screened from the data — strengths and risks, not confirmed facts. For educational purposes only — not financial advice.

Fair-value range

Several independent value bases — more informative than a single median. The combined range weights the project-specific bases most.

D10 district-comparablemedian $psf of all projects in the district$2,176 psf
HomeVestor fair range$2,067–$2,285 psf

See the D10 comparables behind that district base on the map below — switch on “District condos by $psf” in the layers (this project vs cheaper/pricier neighbours).

How is this worked out? — the value bases & combined range
Project median
Recency-filtered median $psf of this project’s own resale caveats (ground & top-floor units excluded).
Same-size comps
Recency-weighted median $psf of caveats within ±25% of the typical unit size (6-mo full, 6–12-mo 70%, 12–24-mo 40%) — the comparable-sales method used in our Valuation tool.
District-comparable
Median $psf across all projects in the same district — a market-level sanity check (a genuinely superior project can sit above it).
Yield-supported
The $psf at which today’s median rent would return a 3.0% target gross yield for a CCR project — anchors price to rental fundamentals.
Combined range
A weighted blend (comps 28%, yield 28%, project median 22%, district 22%); the band width (±5–13%) reflects how far the independent bases disagree, so a genuinely over- or under-priced project sits outside it.
Note: a project-level estimate — a specific unit’s floor, facing and size shift its fair value. Check a specific unit’s price ›
For educational purposes only — not financial advice.
Zeroing in on one unit? Check if it’s fairly priced ›  ·  Work out what to offer ›

Location & neighbourhood

Tap any label below the map to show or hide that layer, or use Show / hide all. On by default: primary schools, MRT stations within 2 km (nearest highlighted), and hawker / malls / supermarkets. Off by default (tap to switch on): Secondary / JC / Poly, international schools, bus stops, healthcare and childcare.

Nearest MRT: Sixth Avenue MRT Station · ~678 m. Amenities © OpenStreetMap contributors (ODbL), tiles © CARTO.

About this project

Project NameTHE WATERDALE
Street NameGarlick Avenue
Property TypeCondominium
Tenure99 yrs from 1996 · ~69 yrs left
District / Planning AreaD10 / Bukit Timah
Completion—
Number of units398 units
Highest floor in the project—
DeveloperAllgreen Properties Limited
Land Area (sqm)—
Master Plan Plot Ratio—

All transactions

No transactions recorded for this project yet.

CalculateMortgage