Watten Residences
Watten Residences is a freehold condominium located in District 11 (Watten Estate, Novena, Thomson), part of the Core Central Region (CCR). The development was completed in 2012 and comprises 59 units. Sale and rental figures on this page are compiled from URA transaction records.
WATTEN RESIDENCES
Over the 12 months to Aug 2023, Watten Residences recorded 6 rental contracts at a median $10,750/mo. Source: URA caveat data, as of Aug 2023.
| Date | Price | PSF | Size (sqft) | Floor | Type |
|---|---|---|---|---|---|
| Aug-23 | $4,750,000 | $1,186 psf | 4,004 sqft | - | 5BR |
| Sep-22 | $4,550,000 | $1,112 psf | 4,090 sqft | - | 5BR |
| Jun-22 | $3,900,000 | $1,322 psf | 2,949 sqft | - | 5BR |
| Feb-22 | $4,750,000 | $985 psf | 4,822 sqft | - | 5BR |
| Oct-21 | $3,850,000 | $962 psf | 4,004 sqft | - | 5BR |
| Oct-21 | $4,208,000 | $1,051 psf | 4,004 sqft | - | 5BR |
| Oct-21 | $4,288,800 | $1,071 psf | 4,004 sqft | - | 5BR |
| Sep-21 | $4,390,000 | $910 psf | 4,822 sqft | - | 5BR |
En-Bloc Potential
A heuristic read of land/redevelopment fundamentals — not a prediction that a collective sale will happen. Whether one succeeds hinges on owner consent, reserve-price expectations, and market timing. Only ~1 in 10 en-bloc attempts complete, and realised premiums have averaged ~14% (owners often expect 40%+). For an ageing leasehold, weigh this against near-certain lease decay while you wait.