The two developments in eco-town Punggol will bring you the ultimate experience of waterfront living. Located within the Northshore district, Northshore Cove is meant to bring maximise residents’ view of the sea. The development consists of a total of 801 units of 2-room Flexi, 3-, 4-, and 5-room flats in four residential blocks. 
Nestled between Serangoon Reservoir and My Waterway @ Punggol, Waterway Sunrise II offers a total of 1,014 units of 2-room Flexi, 3-, and 4-room flats in seven residential blocks.
The developments are easily accessible through Punggol MRT Station, LRT Stations and bus interchange. Residents enjoy a variety of shopping and dining options at Waterway Point, Punggol Plaza, Rivervale Mall, and Compass One. In addition, nature lovers might be attracted to the lovely parks in Punggol, including Punggol Point Park, Punggol Waterway Park, and Coney Island Park.
Both developments have implemented smart features for a more convenient and comfortable living:
Situated in the Eco-Town Punggol, both developments have introduced eco-friendly features to bring the residents a fresh experience:
))Based on HDB's launch prices, the table below compares affordability across the upcoming BTO launches.
Legend: Red means that income level may not be able to qualify for a mortgage per MAS 30% MSR Rule
| Northshore Cove (HDB 3 Rooms) |
Min: $163,000
Max: $210,000
|
||||||
| Your Household Income (A) |
Median BTO Price (B) |
Downpayment (10%) (C) = 10%(B) |
Enhanced CPF Housing Grant (EHG) (D) |
Housing Loan (Price - Downpayment - EHG) (E) = (B) - (C) - (D) |
Monthly Instalment (F) |
Your CPF OA Contribution (G) = 0.23 x (A) |
Monthly Cash Topup (Instalment - CPF OA) (H) = (F) - (G) |
|---|---|---|---|---|---|---|---|
| $1,000 | $186,500 | $18,650 | $80,000 | $87,850 | $399 | $230 | $169 |
| $1,500 | $186,500 | $18,650 | $80,000 | $87,850 | $399 | $345 | $54 |
| $2,000 | $186,500 | $18,650 | $75,000 | $92,850 | $421 | $460 | $0 |
| Northshore Cove (HDB 4 Rooms) |
Min: $257,000
Max: $365,000
|
||||||
| Your Household Income (A) |
Median BTO Price (B) |
Downpayment (10%) (C) = 10%(B) |
Enhanced CPF Housing Grant (EHG) (D) |
Housing Loan (Price - Downpayment - EHG) (E) = (B) - (C) - (D) |
Monthly Instalment (F) |
Your CPF OA Contribution (G) = 0.23 x (A) |
Monthly Cash Topup (Instalment - CPF OA) (H) = (F) - (G) |
|---|---|---|---|---|---|---|---|
| $3,000 | $311,000 | $31,100 | $65,000 | $214,900 | $975 | $690 | $285 |
| $3,500 | $311,000 | $31,100 | $60,000 | $219,900 | $998 | $805 | $193 |
| $4,000 | $311,000 | $31,100 | $55,000 | $224,900 | $1,020 | $920 | $100 |
| $4,500 | $311,000 | $31,100 | $50,000 | $229,900 | $1,043 | $1,035 | $8 |
| $5,000 | $311,000 | $31,100 | $45,000 | $234,900 | $1,066 | $1,150 | $0 |
| Northshore Cove (HDB 5 Rooms) |
Min: $383,000
Max: $498,000
|
||||||
| Your Household Income (A) |
Median BTO Price (B) |
Downpayment (10%) (C) = 10%(B) |
Enhanced CPF Housing Grant (EHG) (D) |
Housing Loan (Price - Downpayment - EHG) (E) = (B) - (C) - (D) |
Monthly Instalment (F) |
Your CPF OA Contribution (G) = 0.23 x (A) |
Monthly Cash Topup (Instalment - CPF OA) (H) = (F) - (G) |
|---|---|---|---|---|---|---|---|
| $5,000 | $440,500 | $44,050 | $45,000 | $351,450 | $1,594 | $1,150 | $444 |
| $5,500 | $440,500 | $44,050 | $40,000 | $356,450 | $1,617 | $1,265 | $352 |
| $6,000 | $440,500 | $44,050 | $35,000 | $361,450 | $1,640 | $1,380 | $260 |
| $6,500 | $440,500 | $44,050 | $30,000 | $366,450 | $1,662 | $1,495 | $167 |
| $7,000 | $440,500 | $44,050 | $25,000 | $371,450 | $1,685 | $1,610 | $75 |
| $7,500 | $440,500 | $44,050 | $20,000 | $376,450 | $1,708 | $1,725 | $0 |
| Northshore Cove (HDB 2 Rooms) |
Min: $81,000
Max: $140,000
|
||||||
| Your Household Income (A) |
Median BTO Price (B) |
Downpayment (10%) (C) = 10%(B) |
Enhanced CPF Housing Grant (EHG) (D) |
Housing Loan (Price - Downpayment - EHG) (E) = (B) - (C) - (D) |
Monthly Instalment (F) |
Your CPF OA Contribution (G) = 0.23 x (A) |
Monthly Cash Topup (Instalment - CPF OA) (H) = (F) - (G) |
|---|---|---|---|---|---|---|---|
| $1,000 | $110,500 | $11,050 | $80,000 | $19,450 | $88 | $230 | $0 |
The figures show you an estimate of the extra monthly cash instalments you have to fork out after CPF deduction. These estimates take into account the prevailing CPF OA contributions, Enhanced CPF Housing Grant (EHG) and loan interest rate.
Depending on your household income, a cash payment highlighted in red means that it may not be affordable for you to purchase that BTO.
Assumptions:
1. Buyers have sufficient savings for the 10% downpayment.
2. The monthly installment is based on the maximum tenure of 25 years at HDB concessionary interest rate of 2.6% p.a.
3. Buyers apply as a first-timer household under one of the eligibility schemes, and all buyers are Singapore citizens.
4. Buyers fulfil all eligibility criteria e.g. within income ceiling for flat intended, at least 21 years old, do not own other property overseas or locally.
Disclaimer: Calculations provided above for financing are for general reference only. StreetSine Singapore Pte Ltd accepts no liability whatsoever arising from any use of or reliance on the use of these tables.
| Option | Condition | Move-in | Eligible to Sell |
|---|---|---|---|
| BTO | New | 2-4 Years | 7-9 years (incl. 5 years lock-in) |
| HDB Resale | Older | Immediate | 5 years lock-in |
| Median BTO price | Median Resale Price |
|---|
Disclaimer: Calculations provided above are for general reference only. StreetSine Singapore Pte Ltd accepts no liability whatsoever arising from any use of or reliance on the use of these tables.
* Assumes first-timer Singaporean couple living near one of the parents. Refer to HDB's Housing Grant rules if your situation differs.
* Updated based on 2026 Budget wef 20 Feb 2017
Note: Total Debt Servicing Ratio (TDSR) cannot exceed 60% of your net income. Mortgage Servicing Ratio (MSR) cannot exceed 30% of your income. Calculations are done at 3.5% Interest Rate.
| Registration Date | HDB Model | Price | Location | Storey | Size | Built |
|---|---|---|---|---|---|---|
| Sep 25 | 3A | $550K | Punggol Dr | 16-18 | 65 sqm | 2016 |
| Mar 26 | 3A | $545K | Punggol Dr | 16-18 | 65 sqm | 2016 |
| Apr 26 | 3A | $508K | Punggol Dr | 7-9 | 65 sqm | 2016 |
| May 26 | 3A | $555K | Punggol Dr | 10-12 | 65 sqm | 2016 |
| Jun 26 | 3A | $505K | Punggol Dr | 4-6 | 65 sqm | 2016 |
| Feb 26 | 3PA | $597K | Punggol Walk | 16-18 | 67 sqm | 2016 |
| Lease Date | HDB Model | Price | Location | Built |
|---|---|---|---|---|
| Jan 26 | 3RM | $2,700 | Punggol Dr | 2016 |
| Sep 25 | 3RM | $2,500 | Punggol Walk | 2016 |
| Dec 25 | 3RM | $2,900 | Punggol Walk | 2016 |
| Jan 26 | 3RM | $2,800 | Punggol Walk | 2016 |
| Aug 25 | 3RM | $3,000 | Punggol Dr | 2012 |
| Dec 25 | 3RM | $3,000 | Punggol Dr | 2012 |
| HDB Type | Year (purchase) | Year (purchase) | Total Change | Annual Change |
|---|
$790,000 HDB 5 Rooms
$665,000 HDB 4 Rooms
$690,000 HDB 5 Rooms
$680,000 HDB 4 Rooms
$3,800 HDB 5 Rooms
$3,600 HDB 4 Rooms
$1,000 HDB 4 Rooms
$1,200 HDB 4 Rooms
