WATERBANK AT DAKOTA: Geylang Condominium | Details & Reviews

Name: WATERBANK AT DAKOTA
Brand: WATERBANK AT DAKOTA
SKU: WATERBANK AT DAKOTA
Rating: 4.2 (6 reviews)

Waterbank At Dakota

Note: This project has high transaction volume. For performance reasons, a default 5-year time frame has been selected. You may change this in the Report Options above

Sale Price *

Average

S$ 1,887 psf

Range

S$ 1,712 - 2,111 psf

Rental Price **

Average

S$ 5.8 psf pm

Range

S$ 3.2 - 8.3 psf pm

Rental Yield **

3.7%

Rental income expressed as a percentage of the property's value.

Amenities

3.0

Convenience

4.2

Connectivity

Details

No data

*Based on URA sales data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

**Based on URA rental data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

Facilities

0 Facilities Available

Description

Waterbank At Dakota is a leasehold (99 yrs from 2009) condominium completed in 2013. It is developed by UOL DEVELOPMENT (DAKOTA) PTE LTD and designed by CONSORTIUM 168 ARCHITECTS PTE LTD. The development occupies a land area of 17,190 sqm and a Gross Floor Area of 60,164 sqm. It consists of 616 units. According to records, buyers of this development are Singaporean 78.6%, PR 14.3%, Foreigner 6.2%, Company 0.9%.

WATERBANK AT DAKOTA is located along Dakota Crescent in Geylang, in District 14. It is accessible through the nearest MRTs including Dakota CC8 and Mountbatten CC7.

Based on transaction data in the last 12 months, sale prices range from S$ 1,712 psf to S$ 2,111 psf at an average of S$ 1,887 psf. Its highest recorded transaction was S$ 2,111 psf in Sep 2023 for a 1,184-sqft unit. Its lowest recorded transaction was S$ 885 psf in May 2010 for a 1,615-sqft unit. Its current rental yield is at 3.7%. Other nearby amenities include: 3 Grocerie(s): NTUC FAIRPRICE CO-OPERATIVE LTD, FOODIE MARKET PLACE PTE. LTD., NTUC FAIRPRICE CO-OPERATIVE LTD, and 1 Shopping Mall: GUILLEMARD VILLAGE.

Buyers and tenants are attracted to District 14, which covers Eunos, Geylang, Kembangan and Paya Lebar. It is one of the most historically and culturally rich zones. These areas comprise predominantly HDB flats, private non-landed homes and shophouses. Eunos, Kembangan and Aljunied MRT stations serves the district via East-West Line, while Paya Lebar MRT station is the interchange station of East-West Line and Circle-Line. Geylang is one of Singapore's Malay settlements, and is known for its rich Malay heritage. Visitors to Geylang Serai can enjoy the sights of Ramadan lights and various foods at the bazaar during Ramadan. The neighbourhood is also home to many shophouses and a rich nightlife scene. Major shopping malls in this district are Paya Lebar Square and Kallang Wave Mall, which offer a variety of retail and dining options. Separately, Paya Lebar is envisaged to be a new sub-regional centre with industrial, technological and commercial developments.

As a major financial and business hub, the Central Region stands as the dynamic city centre of Singapore. Spanning 13,150ha in land area, the region hosts Singapore's only UNESCO World Heritage Site and is home to many of the country's national monuments, such as the Merlion Park and Statue of Raffles. Although the region is designated mainly for commercial activities, it houses residential developments ranging from HDBs to bungalows. There is also plenty of greenery in the region, linked by 19km of park connectors. According to the Master Plan 2019, Orchard and Downtown will be rejuvenated as a lifestyle hub to include more mixed developments which offer live, work and play opportunities. New housing will be constructed in the Marina South Area with community facilities and amenities. Stage-6 of the Circle Line opening by 2025 will also enhance the Central Region's connectivity.

What they say

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4.6

"This project is located in a very convenient part of Singapore, on the fringe of the CBD. The Dakota MRT station is almost on the doorstep of the development, and amenities such as good schools, shopping centres, eateries, markets, and hawker centres are all either within walking distance or a short drive/ride away. The units facing the river have beautiful views of the landed enclave of Mountbatten as well as views of the sea. If the unit is high enough, you even get to see the islands of Batam and Bintan across the sea. Some of these units also have views of the CBD."

q****g@gmail.com

Owner | 31 Oct 2016

"Nice condo ,must becareful when going up the carpark"

S*** A*****

Google Review | 26 Apr 2022

"I lived here for 3 years. If it was not for COVID which made moving and viewing difficult, I would have moved out of Waterbank much sooner. - The noise from the military jets is unbearable. They are 10x louder than normal airplanes. The jets fly on weekdays and Saturdays, starting from 8am to 9pm. Especially in July and August, the jets fly more frequently due to the National Day rehearsals. If you are working from home in the day, it is impossible to live here. It is just impossible to tolerate the loud noise when you are working or having meetings at home. - The walls are super thin. I live in the #XX-01 unit and have an upstairs neighbour renovating in the #XX-06 unit. Even though they are not directly above me, the renovating noise felt as though they were right next to me. Also, when people close their doors outside or throw their rubbish in the disposal refute, you could hear it loud and clear from your home. The walls are really thin and not insulating at all. - Management team is incredibly lousy and non-responsive. Took them years to change the lift tiles and lift lights. They also do not clean the common areas frequently, resulting in cockroaches and small rats. Like what others have mentioned, they disposed some fish in the nearby river just for convenience sake. The previous management team was so much better. - Walls and wall paints are cracking apart, but I guess that is because of the high humidity from the nearby river. It is really humid so beware of items inside wardrobes or shelves. - No tennis court. There is a basketball court which is not used often by residents. Might as well change it to a tennis court."

L*** G*******

Google Review | 15 Apr 2022

"Beautiful condo. Excellent location - close to MRT, buses and park connector. Good facilities including a nice pool, gym and basketball court. Security staff is friendly"

A***** V**

Google Review | 10 Mar 2022