SKYLINE 360 @ SAINT THOMAS WALK

ST. THOMAS WALK
RESALE CONDODistrict 09
Great World MRT · 6 min walk (464m)CCRFreehold
Total Units
61
2Y PSF Change
-100.0%
0 txns in 24m
Median PSF
2,460
15.6% QoQ
Total Sales
4
since 2021-05
Price Range
$4.0M$10.2M
all-time
Unit Size
2,382 sqft
Floors 631
PSF MOVEMENT ALERT — 2023-Q1
Median PSF rose 15.6% quarter-on-quarter (from $2,279 in 2022-Q1 to $2,635 in 2023-Q1). Only 2 transactions this quarter — the move likely reflects thin volume rather than a trend shift.

UrbanLens Analysis

SKYLINE 360 @ SAINT THOMAS WALK commands $0 PSF -- NaN% below what District 09 typically fetches ($2,215 PSF). Great World MRT is 464m away (6-min walk), functional but not a headline selling point. Against THE ROBERTSON OPUS at $3,359 PSF, the 100% discount is worth examining closely.

A 100.0% drop in two years is a genuine correction. Bargain hunters take note, but only with clear conviction about the recovery thesis. Just 0 transactions in two years -- thin liquidity means pricing carries wide confidence intervals. For context, SOPHIA HILLS has gained 3.6% over the same period.

Being freehold means zero lease-decay anxiety. Full CPF eligibility, maximum LTV, and a universally bankable asset. Rental data is too thin to calculate a reliable yield. Treat this as a capital-appreciation play and verify rental demand independently.

The 61-unit size hits a practical sweet spot -- enough scale for decent facilities without the oversupply risk of mega-developments.

Nearby Comparables

DevelopmentMedian PSFYield2Y Change
RIVER GREEN$3,1250.0%
THE ROBERTSON OPUS$3,3590.0%
THE COLLECTIVE AT ONE SOPHIA$2,7670.0%
SOPHIA HILLS$2,1283.9%+3.6%
HILL HOUSE$3,081+1.3%

PSF Trend

Quarterly
2,290
2021-Q2
2,279
2022-Q1
2,635
2023-Q1

Recent Transactions

Data refreshed monthly · Last transaction: Mar 2023
DatePriceSizePSFFloor
Mar 2023$5,700,0002,131 sqft$2,67421-25
Feb 2023$10,200,0003,929 sqft$2,59631-35
Jan 2022$3,950,0001,733 sqft$2,27906-10
May 2021$3,968,8881,733 sqft$2,29011-15
Showing 4 of 4 transactions

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