Waterway Banks

Cover-Artist's impression
Artist's impression

About Waterway Banks

Waterway Banks is a 99 years leasehold HDB development located at Edgefield Plains in District 19. Completed in 2015, it has a total of 13 blocks within the development and comprises a total of 1016 units. This HDB project's MOP year is 2020. It is within walking distance to MRT stations such as Damai LRT and Oasis LRT, which provide residents easy access to other areas of Singapore. For young couples or families with children, Waterway Banks is also close to schools like MOE Kindergarten @ Oasis, Oasis Primary School and Punggol Secondary School. If you're wondering about what you can do around the area, residents can head to nearby supermarkets like Sheng Siong Supermarket (Punggol Central) and Prime Supermarket for groceries and household products. Never worry about your health emergencies or regular health checkups with access to nearby clinics such as Avenue K Clinic @ Punggol. Singapore Post - Punggol Branch is the nearest post office where you can get your postal services done. For your leisure and entertainment, head down to the local park - Punggol Waterway Park, to enjoy some fresh air.

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Key Property Details

Project Name

Waterway Banks

Address

673 Edgefield Plains · 820673
Go to location widgetView on map

Nearest MRT

Damai LRT · 6 min walk

TOP date

1 Jan 2015

Tenure

99 YEARS

Project Size

Large (1016 units)

Number of Units

1016

Bedrooms

1, 2, 3

District

D19

Neighbourhood

Punggol

Blocks

13

Floors

18

Property type

HDB

Developer

HDB

Buildings in Waterway Banks

  • 671 Edgefield Plains820671
  • 671A Edgefield Plains821671
  • 671B Edgefield Plains822671
  • 672 Edgefield Plains820672

Floor Plans

Waterway Banks has a total of 1016 units, from 1 Bed - 1 Bath to 3 Beds - 2 Bath units. There are 3 types of floor plan from 474 sqft to 969 sqft

Total floor plans

3 Types

Bedroom type

1, 2, 3

Floor plans for Waterway Banks

All

1

2

3

Unit mix of Waterway Banks

Bedroom type

Price range (indicative)

Psf range (indicative)

Area range

No. of units

Floor plans

1 room 2-room hdb

-

-

44 sqm 474 sqft

158

1 floorplans

2 room 3-room hdb

-

-

65 sqm 700 sqft

252

1 floorplans

3 room 4-room hdb

-

-

90 sqm 969 sqft

606

1 floorplans

Data is sourced from URA, the official developer brochure, and the 99.co database

Site Plans

Waterway Banks has 68 stacks, 13 blocks and up to 18 storeys.

Total blocks

13 Blocks

Total units

1016 Units

Site plans and elevation charts for Waterway Banks

Waterway Banks Hdb Site Plan in Punggol by HDB - Photo 0

Site Plan

Location

Location of Waterway Banks

Waterway Banks is located at 671 Edgefield Plains in District 19. The nearest MRT station to Waterway Banks is Damai LRT.

Taxi

Public Transport

Driving

Add locations your travel to frequently to calculate travel time

Changi Airport

3 Transfers

55 mins

S$ 1.66

Raffles Place

3 Transfers

44 mins

S$ 1.87

Orchard Road

3 Transfers

44 mins

S$ 1.87

Amenities nearby Waterway Banks

Schools

Distance

MOE Kindergarten @ Oasis

3 mins (189 m)

Oasis Primary School

4 mins (239 m)

Punggol Secondary School

583 m

MRT Stations

Distance

Damai

7 mins (444 m)

Oasis

513 m

Punggol Coast

8 mins (559 m)

Supermarkets

Distance

FairPrice - Punggol Drive Block 612

6 mins (396 m)

Sheng Siong Supermarket (Punggol Central)

682 m

Sheng Siong - Punggol Central Supermarket

689 m

Parks

Distance

Punggol Waterway Park

8 mins (536 m)

Roundabout Tree @ Punggol Periwinkle

739 m

Oceanus Common Green

996 m

Property Insights

Sale price trend overtime

1M

3M

6M

1Y

5Y

10Y

Last 6 months S$693.27 Avg. psf
Last 1 year S$717.53 Avg. psf

Data Source: URA, Realis and 99.co

Powered by 99.co Researcher

Jun 25Jul 25Aug 25Sep 25Oct 25Nov 25Dec 25Jan 26Feb 26Mar 26Apr 26S$ 0S$ 100kS$ 200kS$ 300kS$ 400kS$ 500kS$ 600kS$ 700kAvg. transaction price0246810Transaction volumeTransaction volumeAvg. transaction price

Rent price trend overtime

1M

3M

6M

1Y

5Y

10Y

Last 6 months S$3.89 Avg. psf
Last 1 year S$3.95 Avg. psf

Data Source: URA, Realis and 99.co

Powered by 99.co Researcher

May 25Jun 25Jul 25Aug 25Sep 25Oct 25Nov 25Dec 25Jan 26Feb 26Mar 26Apr 26May 26S$ 0S$ 500S$ 1kS$ 2kS$ 2kS$ 3kS$ 3kS$ 4kAvg. transaction price0246810Transaction volumeTransaction volumeAvg. transaction price

Compared To Near Blocks

Project
Tenure
TOP
MRT Distance
Price range (Sale)
Avg. Price (Sale)
Price range (Rent)
Avg. Price (Rent)
Rental Yield
Waterway Banks99 yrs2015
PE 7
Walk Icon6 mins (447m)
Damai LRT
616.49 - 820.44 psf683.05 psf3,500 /mo3,500 /mo6.59%
Waterway View99 yrs2018
PE 6
Walk Icon4 mins (293m)
Oasis LRT
639.8 - 759.24 psf699.66 psf800 - 950 /mo870 /mo5.62%
Waterway Brooks99 yrs2016
PE 7
Walk Icon3 mins (189m)
Damai LRT
609.39 - 806.53 psf737.28 psf800 - 4,200 /mo1,520 /mo5.1%
Waterway Ridges99 yrs2016
PE 6
Walk Icon5 mins (325m)
Oasis LRT
646.77 - 803.28 psf707.91 psf850 - 3,600 /mo1,816.67 /mo5.65%
Punggol Breeze99 yrs2013
PE 6
Walk Icon2 mins (111m)
Oasis LRT
627.37 - 727.27 psf680.17 psf850 - 3,700 /mo2,643.33 /mo5.48%
Punggol Spring99 yrs2012
PE 7
Walk Icon4 mins (290m)
Damai LRT
656.57 - 715.15 psf679.69 psf900 - 3,500 /mo1,575 /mo5.5%
Damai Grove99 yrs2012
PE 7
Walk Icon2 mins (102m)
Damai LRT
599.4 - 749.25 psf681.93 psf800 - 1,200 /mo950 /mo5.76%
Punggol Lodge99 yrs2012
PE 7
Walk Icon3 mins (173m)
Damai LRT
659.34 psf659.34 psf850 - 950 /mo900 /mo5.7%
Treelodge@Punggol99 yrs2010
PE 7
Walk Icon3 mins (178m)
Damai LRT
688.31 - 979.77 psf772.61 psf3,600 /mo3,600 /mo5.5%

Nearby HDB Listings

All sale listings

Any

1 BR

2 BR

3 BR

Project Review

Waterway Banks reviews
4.5
16 reviews
  • Muhammad Nurhaikal

    2 years ago

    The blocks here look rundown despite being only 5~ years old. The paint on the facade look extremely mouldy and discoloured. Estate doesn't look well mantained too, with trash and leaves laying around.

  • Samira Peiris

    3 years ago

    My first home in Singapore. Will always have fond memories of this place.

  • tampines kovan

    4 years ago

    I found that there are many structural flaws in the HDB flats in that area

  • Celsa Tow

    7 years ago

    The cleanliness are maintained by the cleaners. Thank you

FAQs

General FAQs

What is the Built Year of Waterway Banks?

The Built Year of Waterway Banks is 2015.

What is the address of Waterway Banks?

The address of Waterway Banks is 673 Edgefield Plains.

What is the nearest MRT Station to Waterway Banks?

The nearest MRT station to Waterway Banks is Damai.

What are the schools nearby Waterway Banks?

The schools located near Waterway Banks are MOE Kindergarten @ Oasis, Oasis Primary School and Punggol Secondary School.

What is the sale price of Waterway Banks?

The average sale price of Waterway Banks in the past 6 months is S$ 551.25K.

What is the rental price of Waterway Banks?

The average rental price of Waterway Banks in the past 6 months is S$ 2.88K.

What is the postal code of Waterway Banks?

The postal code of Waterway Banks is 820673.

Located FAQs

Which school is located near to Waterway Banks?

Some of the nearest schools from Waterway Banks are MOE Kindergarten @ Oasis, Oasis Primary School and Punggol Secondary School, providing families with quality education close to home.

What is the nearest MRT Station to Waterway Banks?

Waterway Banks is well-served by nearby MRT/LRT stations, such as Damai which is close to the development.

Where are the bus stops near Waterway Banks?

Several bus stops can be found near Waterway Banks, such as Blk 672A, Blk 670A and Opposite Blk 612A which is located close to the development.

Price FAQs

What is the price range of units in Waterway Banks?

The price range of units for sale in Waterway Banks is S$ 388,888 ~ S$ 695,000. The prices depend on size, location within the development, and the overall demand in the new launch market.

What is the average PSF for Waterway Banks?

The current price per square foot (PSF) at Waterway Banks averages around S$ 616 psf ~ S$ 820 psf, depending on the unit type, floor, and view.

Investment & Finance FAQs

What is the rental yield at Waterway Banks??

The latest data puts the average gross rental yield at ≈ 7%..

What is the current Loan-to-Value (LTV) cap for bank-financed resale HDB?

First-loan buyers can borrow up to 75% of the purchase price/valuation. The remaining 25% is the minimum down-payment.

How much upfront cash/CPF do I need for a S$ 388,888 unit?

At a 75% LTV, the down-payment is S$ 97,222(25%), of which at least S$ 19,444 (5%) must be in cash; the balance can come from CPF OA savings.

What is the Total Debt Servicing Ratio (TDSR) and why does it matter?

Banks will only grant a home loan if your total monthly debt obligations—including the new mortgage—stay within 25% of your gross monthly income.

Can I use CPF to pay for the purchase and monthly instalments?

Yes. CPF Ordinary Account savings can be used for: (i) part of the 25% down-payment above the mandatory 5% cash, (ii) Buyer/Seller stamp duties, and (iii) monthly mortgage repayments, subject to CPF usage limits depending on the remaining lease. (No ABSD can be paid with CPF.) Source: CPF housing rules.

What property-tax rates apply if I rent out my unit?

Non-owner-occupied residential property is taxed on a progressive scale of 12%–36% of Annual Value (AV) from 2026. Owner-occupiers enjoy lower 0%–32% rates.

How long does the resale HDB completion take?

A standard resale HDB sale completes in 8 to 12 weeks after the Option to Purchase is exercised.

About the information on this page

The information on this page contains the latest available details about this development which is a mix of information generated by the 99.co team and facts obtained from official developer sources. This includes, and is not limited to, the official developer brochure, to bring you the most accurate information to help with your choice of condo. 

If any of the information is inaccurate, please contact us and we will amend the details as soon as possible. If you have any queries, compliments, or feedback on how we can learn to serve you better, please also feel free to reach out to us. We’re listening!

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This page on Waterway Banks was last updated on .

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