SKY VUE
UrbanLens Analysis
SKY VUE trades at $2,148 PSF, sitting 25% above the District 20 median of $1,718 PSF. The 3-minute walk to Bishan MRT (224m) is a tangible lifestyle and resale advantage. JADESCAPE fetches $2,239 PSF nearby -- that 4% gap frames SKY VUE's relative value proposition.
A 10.6% appreciation over two years is healthy without looking frothy. 44 transactions over two years gives deep liquidity and reliable pricing signals. For context, THE PANORAMA has gained 8.1% over the same period.
Roughly 86 years of lease remain. That is comfortably long -- no financing haircuts, no CPF restrictions, no urgency to the timeline. Gross yield of 3.1% lags the RCR segment average of 3.5%. Investors here are betting on price growth over rental returns.
The 694-unit scale means deep amenities and low per-unit maintenance, but mass listings during market dips can weigh on pricing.
Nearby Comparables
| Development | Median PSF | Yield | 2Y Change |
|---|---|---|---|
| JADESCAPE | $2,239 | 3.2% | +6.9% |
| BRADDELL VIEW | $1,029 | — | +2.4% |
| THE PANORAMA | $1,994 | 3.0% | +8.1% |
| SKY HABITAT | $1,844 | 2.8% | +6.1% |
| THE GARDENS AT BISHAN | $1,733 | 2.6% | +18.2% |
PSF Trend
Own a unit here?
Get an instant valuation based on real transaction data for your floor and unit size.