Watercolours

Watercolours is a leasehold (99 yrs from 2012) executive condominium completed in 2014. It is developed by HUGE DEVELOPMENT PTE LTD. The development occupies a land area of 18,605 sqm and a Gross Floor Area of 39,070 sqm. It consists of 416 units. According to records, buyers of this development are Singaporean 91.7%, PR 8.3%, Foreigner 0.0%, Company 0.0%.

WATERCOLOURS is located along Pasir Ris Link in Pasir Ris, in District 18. It is accessible through the nearest MRTs including Pasir Ris East CR4 and Pasir Ris EW1. The nearest schools are PASIR RIS CREST SECONDARY SCHOOL and CASUARINA PRIMARY SCHOOL.

Based on transaction data in the last 12 months, sale prices range from S$ 744 psf to S$ 1,056 psf at an average of S$ 913 psf. Its highest recorded transaction was S$ 1,056 psf in Jul 2022 for a 786-sqft unit. Its lowest recorded transaction was S$ 581 psf in Aug 2012 for a 1,292-sqft unit. Its current rental yield is at 4.1%.

Other nearby amenities include: 3 Childcare Centre(s): MY FIRST SKOOL, SUNFLOWER PRESCHOOL @ PASIR RIS PTE. LTD., GROW & GLOW @ PASIR RIS 21 CENTRE, and 3 Grocerie(s): RAW MARKET PTE. LTD., NTUC FAIRPRICE CO-OPERATIVE LTD, COLD STORAGE SINGAPORE (1983) PTE LTD, and 3 Kindergarten(s): Shalom Kindergarten, Riverlife Kindergarten, Pentecost Methodist Church Kindergarten, and 1 Shopping Mall: DOWNTOWN EAST - E!HUB.

Buyers and tenants are attracted to District 18, which is comprised of Simei, Tampines and Pasir Ris. Simei is home to country clubs such as Tanah Merah Country Club and Laguna National Golf & Country Club. Nearby, the Singapore Expo complex annually holds international concerts, exhibitions and conventions. Tampines is Singapore's third largest new town by area, spanning over 289ha of land. Originally covered by forests and swamps, Tampines has evolved into a modern township with three shopping malls: Tampines 1, Century Square and Tampines mall, located in the heart of the regional centre. In 2006, IKEA opened its second outlet in Singapore at Tampines Retail Park, adjacent to two other mega retail warehouse stores by Courts and Giant. From its early days as a kampung, Pasir Ris has evolved to become a lively housing estate surrounded by the beach and sea. Another natural landmark in the neighbourhood is Pasir Ris Park, which houses a 6ha mangrove forest. Pasir Ris is also popular for its chalets and resorts in Downtown East.

With a land area of 11,000ha, the East Region is the smallest and second most densely populated of the five regions in Singapore. The region is a key aviation hub, housing the Paya Lebar Air Base and Changi Naval Base. Major airlines such as Singapore Airlines, Scoot and Jetstar also has their head offices in the area. Other major economic activity includes manufacturing, with industrial estates in Bedok, Changi, Pasir Ris, Tampines and Paya Lebar. Changi Business Park also hosts a number of MNCs such as Standard Chartered and IBM. Going forward, the government has plans to create more semi-conductor and aviation-related jobs at Tampines North, Pasir Ris and Changi. Aside from the bustling economic activity, residents benefit from a wide variety of green and play spaces in the region. Residents will also enjoy increased connectivity to other parts of Singapore with the upcoming Cross Island Line and Thomson-East Coast Line.