Three-bedroom unit at Watertown for sale at $2.2 mil

At Singapore Realtors’ upcoming auction on August 24, a mortgagee sale of a three-bedroom unit at Watertown, in Punggol Central, will take place. With a guide price of $2.2 million, this works out to $1,747 per square foot (psf). The 1,259 sq ft unit on the 13th floor has a south-facing balcony overlooking one of the condo’s swimming pools, a living and dining room, kitchen, utility room, a yard, a toilet and two common bedrooms, as well as an en suite master bedroom.It is the first time that this unit has been listed for a mortgagee sale.Watertown, a 99-year leasehold condo developed by Far East Organization, Frasers Centrepoint and Sekisui House, is part of the residential component of Waterway Point, an integrated commercial and residential project completed in 2017. The development sits above the six-storey Waterway Point shopping mall and is connected to Punggol MRT Station and Punggol LRT Station.It consists of 11 residential blocks, housing 992 units, ranging from Soho-style to two- and three-bedders, one- and two-bedroom suites, two- and three-bedroom condo units, and Sky Patios with two- to four-bedroom units.Pricing for Watertown has climbed from $1,321 psf in August 2019 to $1,689 psf this month, which is higher than nearby condos such as A Treasure Trove ($1,342 psf) and Parc Centros ($1,401 psf).Based on caveats lodged, two of the most expensive units within Watertown have changed hands this year. A 1,485 sq ft unit on the 11th floor sold for $2.8 million ($1,885 psf), while a 1,356 sq ft unit on the seventh floor was sold for $2.52 million ($1,858 psf).Situated in the heart of Punggol HDB new town, with numerous primary schools nearby, Watertown offers greater convenience and value to those looking for a home to purchase.

Watertown, a 99-year leasehold condo developed by Far East Organization, Frasers Centrepoint and Sekisui House, is up for mortgagee sale on the 24th of August this year at Singapore Realtors Inc.’s upcoming auction. This three-bedroom unit at Watertown, located in Punggol Central, has a guide price of $2.2 million, which works out to $1,747 per square foot (psf).

In terms of features, the 1,259 sq ft unit on the 13th floor features a living and dining room with a south-facing balcony overlooking one of the condo’s swimming pools. Connected to the living and dining room is a kitchen with a utility room, yard and toilet. The unit also has an en suite master bedroom, two common bedrooms, and a common bathroom.

Residents at the Orchard Boulevard Condo can take advantage of the many travel options available to them, ensuring they always arrived at their destination conveniently and timely.

Watertown is part of the residential component of the integrated commercial and residential project, Waterway Point, completed in 2017. It includes 11 residential blocks, consisting of 992 units, ranging from Soho-style to two- and three-bedders, one- and two-bedroom suites, two- and three-bedroom condo units, and Sky Patios containing two- to four-bedroom units. It is linked to the Punggol MRT Station on the North-East Line and Punggol LRT Station.

This mega-development is centrally located within the Punggol HDB new town, shopping mall, and MRT station, with many schools close by, including Edgefield Primary School, Oasis Primary School, Punggol Green Primary School, Punggol View Primary School, and Valour Primary School.

Prices at Watertown have seen a considerable rise from $1,321 psf in August 2019 to $1,689 psf this month, making it more expensive than other nearby 99-year condos such as A Treasure Trove ($1,342 psf) at Punggol Walk and Parc Centros ($1,401 psf) at Punggol Central.

Notable sales within the development this year include a 1,485 sq ft unit on the 11th floor that sold for $2.8 million ($1,885 psf) on July 14, and a 1,356 sq ft unit on the seventh floor that went for $2.52 million ($1,858 psf) on March 30.

For those looking for a great deal of value and convenience, this upcoming mortgagee sale at Watertown offers residents the full package.


Add Comment

Your Email address will not be published