THE SKYWOODS
UrbanLens Analysis
THE SKYWOODS commands $1,663 PSF -- 13% above what District 23 typically fetches ($1,471 PSF). Hillview MRT is 483m away (6-min walk), functional but not a headline selling point. Against HILLHAVEN at $2,133 PSF, the 22% discount is worth examining closely.
Prices are up 14.6% over two years, reflecting genuine buyer interest without bubble-level exuberance. 47 transactions over two years gives deep liquidity and reliable pricing signals. For context, LUMINA GRAND has lost 0.6% over the same period.
With ~85 years on a 99-year lease, financing and CPF remain fully unconstrained. Lease decay is a non-issue at this stage. Gross yield of 3.6% tracks the OCR average of 3.4%. At $4,988/month median rent, income is market-rate -- neither a standout nor a weakness.
With 420 units, amenities are comprehensive and resale liquidity is generally healthy, though price compression can occur when too many sellers list simultaneously.
Nearby Comparables
| Development | Median PSF | Yield | 2Y Change |
|---|---|---|---|
| LUMINA GRAND | $1,517 | — | -0.6% |
| SOL ACRES | $1,467 | — | +7.7% |
| THE BOTANY AT DAIRY FARM | $2,010 | — | -2.4% |
| THE MYST | $2,071 | — | -0.4% |
| HILLHAVEN | $2,133 | — | +3.3% |
PSF Trend
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