SKYWATERS RESIDENCES
UrbanLens Analysis
SKYWATERS RESIDENCES commands $6,100 PSF -- NaN% below what District 01 typically fetches ($0 PSF). Tanjong Pagar MRT sits just 292m away (4-min walk), a clear connectivity win.
Prices have essentially flatlined over two years (+0.0%), suggesting a market in equilibrium. Just 3 transactions in two years -- thin liquidity means pricing carries wide confidence intervals.
Leasehold tenure -- buyers should verify the remaining lease and assess CPF/LTV implications before committing. Rental data is too thin to calculate a reliable yield. Treat this as a capital-appreciation play and verify rental demand independently.
The 146-unit size hits a practical sweet spot -- enough scale for decent facilities without the oversupply risk of mega-developments. In the Core Central region, buyers expect premium finishes and brand cachet -- any shortfall directly impacts resale velocity.
PSF Trend
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