← Back to all projects

Skywaters Residences

by Perennial Holdings
πŸ“ 8 Shenton Way
SOLD OUT CCR Apartment 99-year Leasehold 100% Sold (190 units) TOP 2028 πŸ‘¨β€πŸ‘©β€πŸ‘§β€πŸ‘¦ Family-Centric Layout (No 1-Bedders) πŸš† Transit-Oriented: 2 mins walk to Tanjong Pagar MRT
Indicative Starting From
From $11,480,000
Indicative launch estimate · Subject to confirmation
4 - 5Bedrooms
1798–7761 sqftSizes
99-year LeaseholdTenure
2028TOP Year
190 UnitsTotal
100% SoldStatus
190 Lots (1:1)Car Park Lots

πŸ“Š Land Economics & Sales Performance

GLS land tender valuation and current sales take-up for Skywaters Residences.

Land Rate (GLS)
99-Year Leasehold
Developer acquisition cost
Current Status
SOLD OUT
All Units Transacted
Sales Progress
100% Sold (Fully Sold Out)
Based on developer inventory & URA caveats
Pricing Benchmark
$5,824 PSF
Transacted URA Caveats Benchmark
πŸš†
191m (2 min walk) to Tanjong Pagar MRT (EW15)
CondoWatch Intelβ„’

Independent Investment & Valuation Analysis

Objective algorithmic evaluation grounded in transacted URA caveats and land economics.

ANALYST VERDICT

Skywaters Residences sets a new benchmark for ultra-luxury pricing in Singapore's CBD, with average PSF of $5,878 and quantum exceeding $11.6M, targeting a narrow pool of ultra-high-net-worth buyers; while the 99-year leasehold tenure and lack of immediate school/transit data raise questions, the project's scarcity and prime location may justify the premium for those seeking a trophy asset.

βœ“ Key Strengths & Upside
  • β€’ Prime CCR location at 8 Shenton Way, in the heart of Singapore's financial district, offering unparalleled connectivity to Raffles Place and Marina Bay.
  • β€’ Ultra-luxury positioning with only 190 units, ensuring exclusivity and potential for price appreciation in a supply-constrained market.
  • β€’ Large format units (1,798 to 7,761 sqft) cater to affluent families and investors seeking spacious residences in a land-scarce market.
  • β€’ Strong developer track record by Perennial Holdings, known for integrated developments like Capitol Singapore, which may enhance project quality and resale value.
! Prudent Risks & Watch-Outs
  • β€’ 99-year leasehold tenure in CCR may deter buyers seeking freehold assets for long-term wealth preservation, potentially impacting resale value as the lease decays.
  • β€’ Extremely high entry price (average $5,878 PSF) limits the buyer pool to ultra-high-net-worth individuals, reducing liquidity and increasing holding risk.
  • β€’ Lack of immediate data on transit and schools within 1-2km raises concerns about family-friendliness and rental demand from expatriate families with children.
Ideal Buyer Profile

Ultra-high-net-worth individuals or family offices seeking a prestigious address in Singapore's CBD, with a long-term investment horizon (10+ years) and no reliance on rental yield for returns; suitable for own-stay executives who value proximity to work and exclusivity.

Exit Strategy & TOP Horizon

Resale liquidity will be thin due to the ultra-luxury quantum, but scarcity of large units in CCR may attract a niche pool of wealthy buyers. Rental yields are likely to be low (below 3%) given the high capital values, so capital preservation depends on Singapore's continued status as a global wealth hub. Investors should be prepared for longer holding periods and potential price volatility in the ultra-luxury segment.

Instant WhatsApp Property Intelligence
Have a specific question about Skywaters Residences?

Tap any prompt below to query our connected Project Core Team bot on WhatsApp for instant numbers & floorplans:

Quick Take

  • Skywaters Residences trades at $5,824psf, 132% above the D01 average of $2,506psf.
  • πŸš† Transit-Oriented: 2 mins walk to Tanjong Pagar MRT.
  • Best suited to own-stay families needing space.

Skywaters Residences Unit Mix & Indicative Pricing

Based on transacted URA caveats for this project β€” not an official developer price list.

TypeSizeTransactionsAvg PSFAvg Price
4 BedroomMost traded 1798 sqft 1 $6,501 $11,687,000
Penthouse 2088 sqft 1 $5,498 $11,480,000
Penthouse 2099 sqft 1 $5,947 $12,482,340
Penthouse 2896 sqft 1 $5,001 $14,480,000
Penthouse 2949 sqft 1 $5,880 $17,343,000
Penthouse 5285 sqft 1 $5,841 $30,870,000
Penthouse 7761 sqft 1 $6,100 $47,342,000

πŸ‘¨β€πŸ‘©β€πŸ‘§β€πŸ‘¦ Family-Centric Layout (No 1-Bedders)

This development's smallest unit type is a 2-Bedroom β€” there are no 1-Bedroom units.

  • Penthouse86%
  • 4 Bedroom14%

Based on transacted URA caveats for this project, plus the development's own bedroom-type range.

Skywaters Residences Location, Transit & Neighbourhood Amenities

Nearby MRT Stations

  • EW15 Tanjong Pagar 191m Β· 2 min
  • TE19 Shenton Way 360m Β· 5 min
  • TE18 Maxwell 610m Β· 8 min
  • DT17 Telok Ayer 650m Β· 8 min
  • DT16 Downtown 693m Β· 9 min
  • NS27 CC32 TE20 Marina Bay 798m Β· 10 min

Nearby Malls

  • 100 AM476m
  • Marina Square514m
  • Chinatown Point1009m
  • People's Park Complex1023m
  • People's Park Centre1116m
  • Marina Bay Sands1665m

Supermarkets

  • Little Farms256m
  • Atas Palate284m
  • Japanholic284m
  • Cold Storage396m
  • Ap430m
  • Fairprice Finest459m

Straight-line distances, sourced from OneMap. Approximate β€” actual walking routes may differ.

Skywaters Residences Master Plan & Location Map

Skywaters Residences and MRT stations within walking distance.

Skywaters Residences Mortgage & Affordability Calculator

Indicative monthly instalment β€” adjust the rate to match your bank's package.

Max 75% for a first housing loan, tenure ≀30yr not past age 65.
Indicative only β€” actual rates depend on lender, profile and TDSR.
Estimated Monthly Instalment
S$ 0
Loan: β€”
Down payment: β€”
Estimates only. Down payment shown as total β€” cash vs CPF split varies. Consult a mortgage advisor for binding figures.

Stamp Duty & Affordability

Indicative BSD/ABSD payable and a TDSR affordability check.

Car loans, personal loans, other mortgages, credit card min. sums, etc.
Buyer's Stamp Duty (BSD)
S$ 0
Additional Buyer's Stamp Duty (ABSD)
S$ 0
Total stamp duty: β€”
TDSR: β€”
β€”
Indicative only, based on IRAS BSD/ABSD rates and MAS's 55% TDSR threshold. Actual duties/eligibility depend on your full financial profile β€” consult a conveyancing lawyer or mortgage advisor.

Skywaters Residences URA Transaction History & PSF Trends

Caveat transactions filed with URA for this project.

Date Floor Size (sqft) Size (sqm) Price PSF PSM Type Sale
Sep-26 26-30 2088 194 $11,480,000 $5,498 $59,175 Strata New Sale
Jul-26 51-55 2949 274 $17,343,000 $5,880 $63,296 Strata New Sale
May-26 36-40 2896 269 $14,480,000 $5,001 $53,829 Strata New Sale
Apr-26 26-30 2099 195 $12,482,340 $5,947 $64,012 Strata New Sale
Oct-25 26-30 1798 167 $11,687,000 $6,501 $69,982 Strata New Sale
Jun-25 51-55 5285 491 $30,870,000 $5,841 $62,872 Strata New Sale
May-24 56-60 7761 721 $47,342,000 $6,100 $65,662 Strata New Sale
Page 1 of 1
🌟 Direct Project Core Team Access
Project Core Team Specialists
Official Advisory · +65 8881 7756

Direct showflat preview registration, latest developer balance units, floorplans & VIP pricing discounts.

πŸ’¬ Chat with CondoWatch

Frequently Asked Questions about Skywaters Residences

Key facts, pricing benchmarks, closest MRT connectivity, and Primary 1 school registration details.

What is the price and average PSF of Skywaters Residences?

Units at Skywaters Residences have indicative prices starting from From $11,480,000, with transacted URA caveats averaging $5,824 PSF. Official prices vary depending on stack, floor level, and layout configuration.

Which MRT station is closest to Skywaters Residences?

The nearest MRT station to Skywaters Residences is Tanjong Pagar MRT (EW15), located approximately 191m (2 min walk) from the development.

What is the tenure and estimated TOP date for Skywaters Residences?

Skywaters Residences is a 99-year Leasehold Apartment development with an estimated Temporary Occupation Permit (TOP) date of 2028.

Who is the developer of Skywaters Residences?

Skywaters Residences is developed by Perennial Holdings.

Are there primary schools within 1km of Skywaters Residences?

There are currently no primary schools within 1km of Skywaters Residences. However, multiple primary schools are situated within the 1–2km supplementary zone.

Where can I get the official floor plans and e-brochure for Skywaters Residences?

You can download the official floor plans, unit mix breakdown, and developer e-brochure directly on CondoWatch.sg via the E-Brochure request form.

Explore Singapore Condos by Category

Similar Developments & Nearby Alternatives to Skywaters Residences

Geographically nearest and comparable new launch developments within the District D01 & CCR corridor.