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Skywaters Residences

Apartment · District 01 (Raffles Place / Marina / Cecil) · Core Central Region · 99-year lease (96 yrs left) · Updated May 2026

Skywaters Residences is a 99-year lease (96 yrs left) apartment development in District 01 (Raffles Place / Marina / Cecil). It has 5 recorded private transactions. Latest sale: $14,480,000 (May 2026, 269 sqm, floors 36-40). Median $5,947/sqft. 96 years lease remaining.

Latest Sale
$14,480,000
May 2026 · 269 sqm
Median Price
$5,947/sqft
$14,480,000 typical unit
Transactions
5
$5,001–$6,502 psf
Price Trend
Too few periods

Where Skywaters Residences ranks in District 01

All 15 projects ›
Median psf
Top 7%
#1 / 15 Top 7%
Typical unit price
Top 7%
#1 / 15 Top 7%
Most recent sale
Top 7%
#1 / 15 Top 7%

Median psf over time

Estimate a unit at Skywaters Residences

Based on URA transactions for this development. Pick a floor band and unit size.

Estimated value
Project forward
Market growth +3%/yr
Lease decay −0.13%/yr
Growth scenario
In 5 years

Projection blends market growth with Bala's Table lease decay. Past growth does not guarantee future performance. Not financial advice.

Lease decay

96 yrs
Remaining lease
0.13%
Annual decay (Bala's Table)
2023
Lease commenced

99-year leasehold. Under Bala's Table (SLA's leasehold relativity model), value decays faster as the lease shortens — currently about 0.13% a year.

Price by floor

Floor bandMedian psfTransactions
26-30 $6,225 2
36-40 $5,001 1
51-55 $5,841 1
56-60 $6,100 1

Recent transactions

DateFloorType AreaPricepsf
May 2026 36-40 New Sale 269 sqm $14,480,000 $5,001
Apr 2026 26-30 New Sale 195 sqm $12,482,340 $5,947
Oct 2025 26-30 New Sale 167 sqm $11,687,000 $6,502
Jun 2025 51-55 New Sale 491 sqm $30,870,000 $5,841
May 2024 56-60 New Sale 721 sqm $47,342,000 $6,100
Showing 5 of 5 transactions
Source: URA (Urban Redevelopment Authority), under the Open Data Licence.
Primary schools nearby

Skywaters Residences is inside the 1 km Primary 1 priority zone for 1 primary school. When a school is oversubscribed, MOE ballots by home–school distance, and homes within 1 km are drawn first.

Compare homes near every primary school
Distances are straight-line (aerial) from the development, the same basis MOE uses for Home–School Distance priority. Being inside a priority zone improves but does not guarantee a place.
Where this home sits, and its schools
1 school in the 1 km top-priority zone
  • This home
  • School within 1 km
  • School 1–2 km
  • 1km ring, top priority
  • 2km ring, next tier

Straight-line distances, the basis MOE uses for Home–School Distance priority. Tap a school to open it. Map © OneMap, SLA.

Nearby comparable homes

Private condos and apartments closest to Skywaters Residences, with their median resale psf. Useful for comparing what Skywaters Residences costs per square foot against nearby developments.

More condos in District 01
Distances are straight-line estimates from this home, indicative only. Prices are medians of recorded resale transactions, not asking prices.

About Skywaters Residences

Skywaters Residences is among the pricier projects in District 01 (Raffles Place / Marina / Cecil), with a median of $5,947 psf that runs above about 99% of developments there. It has a relatively light transaction record, with 5 sales between 2024-05 and 2026-05, ranging from $11,687,000 to $47,342,000. The most recent transaction was a 269 sqm unit (floors 36-40) at $14,480,000 in May 2026, and the median is $5,947 psf. On Bala's Table (the SLA leasehold valuation model), the relativity ratio at 96 years remaining is 0.9632, an annual lease decay of about 0.13%. All transaction data is sourced from the Urban Redevelopment Authority (URA) and updated regularly.

How much does a unit at Skywaters Residences cost?

The most recent transaction at Skywaters Residences was $14,480,000 for a 269 sqm unit in 2026-05. The median price is $5,947 per square foot across 5 transactions, ranging from $11,687,000 to $47,342,000. Data sourced from URA.

Is Skywaters Residences freehold or leasehold?

Skywaters Residences is on a 99-year lease commencing in 2023, with approximately 96 years remaining. Under Bala's Table, the annual lease decay at this point is about 0.13%.

What is the price per square foot (psf) at Skywaters Residences?

The median price at Skywaters Residences is $5,947 psf, with transactions ranging from $5,001 to $6,502 psf. This is based on 5 URA-recorded transactions in District 01.