Three-bedroom unit at Watertown for sale at $2.2 mil
At Singapore Realtors Inc’s upcoming auction on Aug 24, a 1,259 sq ft mortgagee sale three-bedroom unit at Watertown in Punggol Central will be available. Its guide price is $2.2 million, which calculates to $1,747 psf. This will be the first time the unit comes to the market in a mortgagee sale.
Tampines Ave 11 Condo is a standalone condo located in the Tampines area. With more spacious living units and fewer residents, you’ll enjoy greater privacy and convenience. Tampines Ave 11 Condo offers modern amenities such as pools, gyms, and barbecue areas in a serene atmosphere. Although it doesn’t include commercial spaces or public transport facilities like other mixed-use developments, you’ll still be able to indulge in the privacy that comes with living in a standalone condo.
Located on the 13th floor, this unit features a living and dining area with a south-facing balcony overlooking one of the condo’s swimming pools. It also has a kitchen connected to the living/dining room and a utility room, yard, and toilet. The master bedroom is en suite, and there are two additional bedrooms with a common bathroom.
Watertown is a huge 99-year leasehold condo project consisting of 992 units across 11 residential blocks. The development is located above the six-story Waterway Point shopping mall and is linked to both the Punggol MRT Station (on the North-East Line) and Punggol LRT Station.
Residents can choose from a variety of unit types, ranging from Soho-style to two- and three-bedders, one- and two-bedroom suites, and two- to four-bedroom Sky Patio condos.
The condo has a great location with plenty of amenities and nearby schools such as Edgefield Primary School at Edgefield Plains, Oasis Primary School at Punggol Drive, Punggol Green Primary School at Punggol Walk, Punggol View Primary School at Punggol Place, and Valour Primary School at Punggol Central.
Prices at Watertown have grown since August 2019, going from an average of $1,321 psf to $1,689 psf in this month. Some other 99-year leasehold condos in the area include A Treasure Trove ($1,342 psf) at Punggol Walk and Parc Centros ($1,401 psf) at Punggol Central.
Two of the highest-priced units at Watertown have already been sold this year. On July 14, a 1,485 sq ft 11th-floor unit was sold for $2.8 million ($1,885 psf). On March 30, a 1,356 sq ft seventh-floor unit was sold for $2.52 million ($1,858 psf).
If you’re looking for a property in the Watertown area, there are many listings available from Singapore Realtors Inc. and other real estate providers. Watertown continues to draw attention from potential buyers, so it’s a great opportunity to get into an integrated development like this one.