Waterbay Executive Condominium
The Waterbay Executive Condominium is conveniently located 7-minutes walk from the Punggol MRT. As Punggol 21 has gotten much attention and interest in the past several years, all executive condominiums and private ones in the region have been snapped up pretty well as many sees potential for upside appreciation in years to come. The waterfront which will have water sport facilities and parks completed in it will be a pull factor for many planning to reside there or invest in a property in the vicinity. As the purchase of an EC is also subsidized by the Government and will assume the status of a private condominium in 10 years, many buyers have been attracted to owning one. As compared to surrounding condominium developments, the Waterbay averages at about $750 psf which is between $100 to $500 psf lower. This is in comparison to the Watertown, averaging at $1300 psf and the Parc Centros, averaging at $950 psf.
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Current average ratings.