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Singapore Property News, Insights and Analysis

New launch

Skywaters Residences

D01 · Boat Quay / Raffles Place / Marina · Shenton Way

A 146-unit apartment on Shenton Way. Developed by Shenton Residential Property Pte. Ltd.

Source: Condo master (URA caveats); URA transactions, Nov 2026

7 of 146
Units sold
$5,824
Avg $psf so far
190 m
Tanjong Pagar MRT
146
Units

What brings you to Skywaters Residences?

Buying here? Get a second opinion. The median sale price here over the last 12 months was $13.481M, across 4 sales. Our consultants can run the numbers against your budget: which stack, what to pay, what to avoid. Free for buyers of private property.

Stacked works with licensed property agents.

Get a second opinion
02 — Prices

Skywaters Residences prices

Sales since launch, May 2024
7
Units sold
$5,824
Average $psf
$11.48M – $47.34M
Price range
By unit size
Sales since launch
SizeSalesAvg $psfAvg pricePrice range
1,600–1,999 sq ft1 sale$6,501 psf$11.69M
2,000–2,499 sq ft2 sales$5,723 psfAvg $11.98M$11.48M – $12.48M
2,500–3,499 sq ft2 sales$5,441 psfAvg $15.91M$14.48M – $17.34M
3,500+ sq ft2 sales$5,971 psfAvg $39.11M$30.87M – $47.34M
Average $psf by year
In 2025, sales here averaged $6,171 psf, 126% above the D01 average of $2,729 psf for private homes (condos, apartments and ECs).
This condoD01 average
Show as a table
YearThis condoD01 average
2026$5,582$2,671
2025$6,171$2,729
2024$6,100$2,416
Sales by year
7 sales since 2024; the busiest year was 2026 with 4. The 2026 bar covers Jan–Nov.
Show as a table
YearNew saleTotal
202644
202522
202411
Sales in the last two years
6 sales, newest first. Units show the floor only.
DateUnitSizePrice$psfType
10 Sep 2026#28-XX2,088 sq ft$11.48M$5,498 psfNew sale
17 Jul 2026#54-XX2,949 sq ft$17.34M$5,880 psfNew sale
20 May 2026#39-XX2,896 sq ft$14.48M$5,001 psfNew sale
10 Apr 2026#30-XX2,099 sq ft$12.48M$5,947 psfNew sale
8 Oct 2025#30-XX1,798 sq ft$11.69M$6,501 psfNew sale
19 Jun 2025#55-XX5,285 sq ft$30.87M$5,841 psfNew sale
Compared with nearby condos

Prices by bedroom type are based on matching sales to unit sizes.

Source: URA caveats, Nov 2026. The 2026 averages cover Jan–Nov.

03 — Rent

Skywaters Residences rent and yield estimate

No leases yet · estimated from 5 nearby condos, leases starting Sep 2025–Aug 2026
$4,600
Nearby median rent a month
$13.95M
Avg price, 12 months
0.4%
Implied gross yield
An estimate, not a forecast. Skywaters Residences has no rental record yet. The implied yield sets what the nearby condos below let for against Skywaters Residences's average sale price over the last 12 months. It is an estimate, not a forecast: new units often let for more than older ones nearby, and actual rents will depend on the unit, the market when it completes, and costs such as fees, tax and vacancy. Speak with us before relying on it.
By bedroom type
TypeNearby median rentFromAvg price, 12 months
1-Bedroom$4,300 nearby median5 condos– avg price
2-Bedroom$6,000 nearby median5 condos– avg price
3-Bedroom$8,800 nearby median5 condos– avg price
4-Bedroom$14,500 nearby median5 condos– avg price
Rent and yield compared with nearby condos

Implied gross yield: a year of the nearby median rent (leases starting Sep 2025–Aug 2026) over the average price of its sales in the last 12 months, before costs. Rents and sale prices both cover roughly the last 12 months, so read the yield as a guide to that year rather than an exact figure. A higher yield often reflects a lower price, such as an older lease, rather than a better buy.

Source: URA rental contracts, Aug 2026

04 — Launch progress
5%
Sold
7
Units sold
139
Unsold
Developer sales by month
Dec 2025No sales3 of 146 total
Jan 2026No sales3 of 146 total
Feb 2026No sales3 of 146 total
Mar 2026No sales3 of 146 total
Apr 20261 sold4 of 146 total$5,947 psf avg
May 20261 sold5 of 146 total$5,001 psf avg
Jun 2026No sales5 of 146 total
Jul 20261 sold6 of 146 total$5,880 psf avg
Aug 2026No sales6 of 146 total
Sep 20261 sold7 of 146 total$5,498 psf avg
Oct 2026No sales7 of 146 total
Nov 2026No sales7 of 146 total

Source: URA caveats, Nov 2026

05 — Location

Near Skywaters Residences

MRT stations
EW Tanjong Pagar 190 m · 2 min walk
CC Prince Edward Road 610 m · 7 min walk
TE Maxwell 700 m · 8 min walk
TE Shenton Way 920 m · 11 min walk

Walking times and distances are estimates from OneMap walking routes; a station without a walking time shows the straight-line distance. Check OneMap for your exact route.

Primary schools
Within 1 km
Cantonment Primary School 810 m · 13 min walk

Distances are straight-line, which is what the 1 km and 2 km bands refer to; walking times are estimates from OneMap walking routes. Check the MOE website for confirmation.

Everyday amenities
Park Tanjong Pagar Park 100 m · 1 min
Clinic DA Clinic @ Anson 190 m · 2 min
Supermarket Cold Storage / Giant 560 m · 7 min
Hawker centre Amoy Street Food Centre (Telok Ayer Food Centre) 430 m · 5 min
Map of the area around Skywaters Residences, with nearby MRT stations and primary schools
Map data © OpenStreetMap contributors

Source: OneMap walking routes, Nov 2026

06 — Nearby

Condos and supply around Skywaters Residences

Upcoming supply
Cross Street730 m · about 161 units · 0.23 ha Available for application
Marina Gardens Lane1.8 km · about 373 units · 0.6 ha Awarded · $13,379 psm GFA · Oct 2026
Morrison Lane2.0 km · about 205 units · 0.66 ha Available for application
Zion Road (Parcel B)2.4 km · about 578 units · 0.93 ha Awarded · $14,040 psm GFA · Aug 2024

Source: URA transactions; URA land sales; OneMap distances, Nov 2026

07 — From Stacked

Read more about Skywaters Residences

12 more articles mention Skywaters Residences.

Source: Stacked Homes editorial

08 — FAQ

Questions about Skywaters Residences

What is the tenure of Skywaters Residences?

99-year lease from 2023.

How many units does Skywaters Residences have?

146 units.

How many units have been sold?

7 of 146 as of Nov 2026, at an average of $5,824 psf, from $11.48M to $47.34M.

What did the latest sale go for?

A 2,088 sq ft unit sold for $11.48M ($5,498 psf) on 10 Sep 2026.

What is the nearest MRT station?

Tanjong Pagar (EW), a 2-minute walk (190 m). Prince Edward Road (CC) is 610 m away.

Which primary schools are within 1 km?

Cantonment Primary School, 810 m away.

Who is the developer?

Shenton Residential Property Pte. Ltd.

Answers generated from the data on this page, Nov 2026