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Waterbay: home insurance and value

Waterbay is a executive condominium in Punggol, District 19: 99-year lease, lease from 2012, 84 years of lease left. What its homes are worth on recent sales, and the home insurance we recommend.

Prices as of 28 Oct 2026, GST included.

In short

  • 19 sales in the last 12 months, at a median of S$1,505 psf (S$1,469 psf to S$1,544 psf).
  • A typical home of about 106 m² is worth S$1,759,000 to S$1,812,000.
  • We recommend condo home insurance with S$60,000 for your belongings: from S$73.58 a year for an owner at Sompo, S$58.86 for a tenant.

Recommended home insurance

The cheapest plan at each insurer for an owner insuring S$60,000 of belongings, a year, GST included. Cover is as the plan states it.
InsurerPremiumRenovationLiability
SompoHomeVital for condo owners (your contents sum, plus renovations S$60,000)S$73.58S$60,000S$500,000
AIGHomes Essential (HDB and condominium only)S$75.76S$150,000S$400,000
MSIGHomeEasy Gold (owner or landlord)S$99.84S$120,000S$1,000,000
UOIUniHome Insurance, condominium or apartment (contents only, no renovation cover, no building cover)S$107.15Not includedS$1,000,000
Great EasternValueS$119.90S$70,000S$500,000
ECICSHome Contents Insurance for owners (1-year; S$30,000 renovations; 4-room or larger unit)S$125.35S$30,000S$500,000
EtiqaTiq Home Insurance (condominium, owner)S$128.96S$100,000S$1,000,000
FWDFWD Home Insurance, condo (renovations S$80,000 included; 2/3-bedroom pricing)S$130.19S$80,000S$500,000

Every insurer, and the same for a tenant.

Addresses at Waterbay

43 Edgefield Plains (828709), 45 Edgefield Plains (828710), 45A Edgefield Plains (828711), 45B Edgefield Plains (828712), 47 Edgefield Plains (828713), 47A Edgefield Plains (828714), 47B Edgefield Plains (828715).

Prices and values from HomeQuant, from URA sale records; indicative estimates, not formal valuations. Compare home insurance for your own home.

Questions people ask

How much is a home at Waterbay worth?

A typical home of about 106 m² is worth S$1,759,000 to S$1,812,000 on 6 comparable sales, an indicative estimate from HomeQuant, not a formal valuation.

How much is home insurance at Waterbay?

For an owner insuring S$60,000 of belongings, from S$73.58 a year at Sompo on today's prices, GST included; for a tenant, from S$58.86.

Does a more valuable home cost more to insure?

No. The insurers we compare price home insurance on the type of home, whether you own or rent and the cover for your belongings, not on what the home would sell for.