SKYWATERS RESIDENCES

PRINCE EDWARD ROAD
RESALE CONDODistrict 01
Tanjong Pagar MRT · 4 min walk (292m)CCR99 years leasehold
Total Units
146
2Y PSF Change
+0.0%
3 txns in 24m
Median PSF
6,147
11.3% QoQ
Total Sales
3
since 2024-05
Price Range
$11.7M$47.3M
all-time
Unit Size
4,948 sqft
Floors 2656
PSF MOVEMENT ALERT — 2025-Q4
Median PSF rose 11.3% quarter-on-quarter (from $5,841 in 2025-Q2 to $6,501 in 2025-Q4). Only 1 transaction this quarter — the move likely reflects thin volume rather than a trend shift.

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

Quarterly
6,100
2024-Q2
5,841
2025-Q2
6,501
2025-Q4

Recent Transactions

Data refreshed monthly · Last transaction: Oct 2025
DatePriceSizePSFFloor
Oct 2025$11,687,0001,798 sqft$6,50126-30
Jun 2025$30,870,0005,285 sqft$5,84151-55
May 2024$47,342,0007,761 sqft$6,10056-60
Showing 3 of 3 transactions

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