Sky Green

D13 (RCR) Freehold
District 13 ·Freehold ·Completed 2016
~$1,802 Avg PSF (12-month)
2.7% Rental yield
176 Total units
Category Ratings
Facilities
5.5
Unit size & layout
6.5
Value for money
7.0
Neighbourhood
6.5
MRT accessibility
7.5
Lease remaining
10.0

Overview & Key Facts

Sky Green is one of those compact freehold developments that tends to fly under the radar — and that’s part of its appeal. Completed in 2016 by Unique Realty Pte Ltd and designed by SAA Architects, this 176-unit condominium at 568–570 Macpherson Road sits in District 13’s RCR belt, tucked between the rapidly transforming Tai Seng industrial-to-commercial corridor and the established Paya Lebar hub. Two 15-storey towers on a modest 6,623 sqm site — there is no pretence of being a mega-development here. What Sky Green offers instead is a genuine freehold title at a PSF that significantly undercuts most of its leasehold neighbours.

The development’s buyer profile tells a clear story: 87.9% Singaporean, 8.8% PR, and just 3.3% foreign buyers. This is overwhelmingly a local owner-occupier and small-portfolio investor play — people who understand the value of freehold tenure in a district that URA’s Master Plan has earmarked for substantial transformation. At an average of S$1,802 psf over the last twelve months, Sky Green trades at a meaningful discount to nearby 99-year peers like Park Colonial (S$2,135 psf) and Woodleigh Residences (S$2,225 psf).

The freehold advantage is not merely theoretical. When the Paya Lebar Air Base relocates after 2030 and height restrictions lift across the broader Macpherson–Tai Seng corridor, surrounding land values are widely expected to appreciate. Sky Green’s perpetual tenure means owners capture that upside without the lease-decay drag that will increasingly weigh on 99-year competitors as they age past the 40-year mark.

Developer
UNIQUE REALTY PTE LTD
Tenure
Freehold
Total units
176
TOP year
2016
District
13 — RCR
Street
MACPHERSON ROAD

Location & Connectivity

Sky Green’s location along Macpherson Road places it at the confluence of three MRT stations: Tai Seng (CC11) at just 0.42 km, Mattar (DT25) at 0.72 km, and MacPherson (CC10/DT26) at 0.79 km. The Tai Seng walk is genuinely comfortable — roughly five minutes at a steady pace — and MacPherson is a Circle Line–Downtown Line interchange, giving residents access to two separate MRT networks without a bus ride. For a freehold condo in the RCR, this triple-MRT proximity is a rare selling point.

For drivers, access is equally straightforward. The Pan Island Expressway (PIE), Kallang-Paya Lebar Expressway (KPE), and Central Expressway (CTE) are all reachable within minutes, placing the CBD about 15 minutes away in off-peak conditions. Orchard Road is around 12–15 minutes by car, and Changi Airport roughly 20 minutes via the PIE.

The immediate neighbourhood is in the midst of a visible evolution. URA’s Paya Lebar Central masterplan has already delivered Paya Lebar Quarter, SingPost Centre, and Paya Lebar Square — all within a short MRT hop or a 10-minute drive. The Tai Seng stretch itself has seen older industrial buildings give way to mixed-use developments like 18 Tai Seng and BreadTalk IHQ. Daily amenities are well-covered: Sheng Siong and FairPrice are nearby, while the Paya Lebar Quarter mall and NEX at Serangoon offer more comprehensive retail options.

Paya Lebar Air Base relocation
The confirmed relocation of Paya Lebar Air Base from 2030 onward is expected to lift the current building height restrictions across this corridor. For Sky Green, this is a significant long-term catalyst — surrounding sites could be redeveloped at greater density, driving land values upward and potentially attracting higher-end commercial and residential projects to the immediate vicinity.

Schools within convenient reach include Paya Lebar Methodist Girls’ School (0.50 km), Macpherson Primary (0.67 km), and Red Swastika School (0.84 km). Canossa Catholic Primary and Cedar Primary are also within the 1–2 km band. For families doing the P1 registration calculus, the primary school proximity is a genuine practical advantage.


Schools & Education

2 primary schools within the 1 km Priority Phase balloting radius.

Nearby Schools
SchoolTypeDistance
Paya Lebar Methodist Girls' SchoolsecondaryWithin 1 km
Macpherson Primary SchoolprimaryWithin 1 km
Red Swastika SchoolprimaryWithin 1 km
Bartley Secondary Schoolsecondary~1.4 km

Facilities

Let’s be direct: with 176 units on a 6,623 sqm site, Sky Green was never going to rival a mega-development’s amenity count. What Unique Realty and SAA Architects have done is make intelligent use of limited space by distributing facilities across multiple levels rather than concentrating them on one deck. The result is a development that feels more thoughtfully appointed than its unit count would suggest.

The ground and lower levels host the essentials: a 30-metre lap pool, party pool and deck, children’s pool, indoor gym, children’s playground, BBQ area, and tennis court. A cascading waterfall feature and aroma garden provide visual interest around the pool deck. Level 3 introduces an outdoor fitness zone with a sit-and-reach station, broad jump area, and chess corner — functional rather than flashy, but usable.

The standout is the Level 16 sky garden, which houses the spa pool, viewing deck, function room, and function deck. At 15 storeys, the rooftop offers genuinely expansive views across the low-rise Macpherson streetscape — a feature that larger developments in the area, hemmed in by surrounding towers, often cannot match. The spa pool and hydro neck massage facilities add a wellness dimension that residents appreciate for unwinding after work.

“The rooftop facilities are the highlight — the sky terrace gives you a sense of space that you wouldn’t expect from a boutique condo. The lap pool is a decent size for morning swims.”

— Owner feedback via EdgeProp

The honest caveat: there is no clubhouse, no indoor sports hall, and no function room beyond the rooftop space. Residents who want badminton courts, karaoke rooms, or large event spaces will need to look elsewhere. For a development of this scale, however, the multi-level facility distribution is a sensible design choice that avoids the “one crowded pool deck” trap common to small condos.


Unit Sizes & Layout

Sky Green’s unit mix is heavily weighted toward smaller configurations — a deliberate strategy for a Macpherson Road site targeting investors and young professionals. One-bedroom units (474–495 sqft) account for 68 of the 176 units — nearly 39% of the development. Two-bedrooms range from 614 to 1,033 sqft (52 units), three-bedrooms from 1,152 to 1,163 sqft (38 units), and there are 13 four-bedroom dual-key units at 1,496 sqft plus four penthouses at 2,207–2,293 sqft.

The one-bedroom and compact two-bedroom layouts are the investment workhorses. At S$838,000–S$1,100,000, these units sit at a quantum that appeals to first-time buyers and landlords chasing the Tai Seng–Paya Lebar tenant pool. The dual-key four-bedroom units deserve a closer look for investors: at 1,496 sqft, the format allows owners to live in one portion while renting out the other — or rent both portions separately for higher combined yield.

Unit size context
Sky Green’s 1-bedroom units at 474–495 sqft are on the compact side but not unusually so for a 2016-era development. The 3-bedrooms at 1,152–1,163 sqft are more generous than many newer launches in the RCR, where 3-bedders have shrunk below 1,000 sqft. Buyers prioritising space should look at the 3-bedroom and dual-key stacks.

The two tower blocks are oriented to maximise cross-ventilation along the Macpherson Road axis. Higher-floor units on the south-facing stacks enjoy relatively unobstructed views toward the low-rise industrial streetscape — views that may improve substantially once the Paya Lebar Air Base height restrictions are lifted. North-facing units look toward the HDB estate along Circuit Road. Interior finishings are functional and mid-market: marble flooring in common areas, timber strips in bedrooms, and branded sanitary fittings. Buyers should expect to budget for kitchen and bathroom upgrades if aiming for a premium rental positioning.

Unit Mix (from transaction data)
BedroomsTransactionsAvg PSFAvg Price
0 BR17$1,725$803,699
1 BR2$1,636$1,012,500
2 BR19$1,723$1,342,346
3 BR13$1,633$1,875,299
4 BR4$1,649$2,467,000

Pricing & Market Position

Based on 55 recorded transactions, sale prices range from $730,000 to $3,000,000, averaging $1,371,625 (~$1,802 psf).

Rents range from $1,800 to $6,500 per month across 461 rental transactions. Current rental yield sits at approximately 2.7%.


Price Appreciation

From 2021 to 2026, the average PSF has appreciated by 11.2% (from $1,591 to $1,769 psf).

2024
+3.9%
$1,799 psf
2025
+0.7%
$1,813 psf
2026
-2.4%
$1,769 psf

Neighbourhood Comparison

The competitive landscape around Sky Green is dominated by larger, younger leasehold developments — and that contrast is precisely where Sky Green carves its niche. Woodleigh Residences (S$2,225 psf, 99-year from 2017, 667 units) offers a direct MRT link and significantly more facilities, but at a 23% PSF premium with a depreciating lease. Park Colonial (S$2,135 psf, 99-year from 2017, 805 units) is similarly positioned at Woodleigh and commands an 18% premium over Sky Green for a leasehold title.

The Tre Ver (S$1,917 psf, 99-year from 2018, 729 units) across the Kallang River in Potong Pasir is the closest PSF comparison at a 6% premium, but again with leasehold tenure and a less convenient MRT walk. Bartley Ridge (S$1,702 psf, 99-year from 2012, 868 units) trades below Sky Green on PSF but is an older development with fewer remaining lease years. The Poiz Residences (S$1,862 psf, 99-year from 2014, 731 units) offers integrated commercial space and Potong Pasir MRT adjacency at a 3% premium.

The pattern is clear: Sky Green is the only freehold option in this competitive set, and it trades at a discount to most of its leasehold peers. For a buyer running a 20-year investment horizon, the math favours Sky Green — its freehold status means zero lease decay while every competitor loses 20 years of tenure. The trade-off is facilities breadth and development scale. Buyers who want a resort-style condo with extensive amenities should look at Woodleigh Residences or Park Colonial. Buyers who want perpetual ownership at a competitive entry price in a transforming district — that is Sky Green’s sweet spot.

District 13 Comparables
DevelopmentTenureTOPUnits~Avg PSF
SKY GREENFreehold2016176$1,802
THE WOODLEIGH RESIDENCES99 yrs lease commencing from 20172021667$2,229
THE TRE VER99 yrs lease commencing from 20182021729$1,919
BARTLEY RIDGE99 yrs lease commencing from 20122018868$1,708
PARK COLONIAL99 yrs lease commencing from 20172021805$2,145
THE POIZ RESIDENCES99 yrs lease commencing from 20142019731$1,867

ShiokNest Scores

Our proprietary scoring system evaluates SKY GREEN across multiple dimensions.

Walkability
63/100
MRT: 25/25, School: 20/20, Hawker: 10/15, Mall: 0/15, Park: 5/10, Supermarket: 0/10, Clinic: 3/5
Investment
67/100
+2.1% YoY ·4.3% yield ·6 txns/yr ·Freehold ·0.42 km to MRT ·+2.4% district YoY ·En-bloc 35/100
Profitability
64/100
Win rate: 93 — 15 transaction pairs, 93% profitable, avg +$108,379
En-Bloc Potential
35/100
Verdict: Low
Overall ShiokNest Score
62/100 — composite of walkability, investment, profitability, en-bloc, and market trend factors.

What Residents Say

“Freehold located at convenient area near to food joints. Walking distance to Circle Line and Downtown Line at Macpherson.”

— Resident review via EdgeProp

“Quiet development, not too many units so you don’t feel crowded at the pool or gym. The rooftop spa is a nice touch. Location is great for getting anywhere by MRT.”

— Owner feedback via Singapore Expats

“Good for investment — tenants love the Tai Seng MRT proximity and freehold status makes it easier to sell. But the units are on the small side if you’re used to older condos.”

— Landlord feedback via PropertyGuru

The resident sentiment around Sky Green clusters around a few consistent themes. Singapore Expats rates it 10/10 based on limited reviews, which flatters a development that is genuinely well-liked but not without flaws. Owners appreciate the freehold peace of mind, the walkable MRT access, and the relatively low-key community feel that comes with 176 units. The rooftop facilities are repeatedly singled out as a highlight.

On the less positive side, residents note that the smaller unit sizes — particularly the one-bedrooms — can feel tight for extended stays. The Macpherson Road frontage generates some traffic noise for lower-floor units facing the road, and the surrounding streetscape still carries the industrial grit of the Tai Seng corridor despite ongoing transformation. Several owners have flagged that the function room is the only bookable entertaining space, which can be limiting for larger gatherings.


Strengths & Weaknesses

Strengths
  • Freehold tenure — rare for a sub-$1,900 PSF condo in D13 RCR
  • Triple MRT access — Tai Seng (0.42 km), Mattar (0.72 km), MacPherson (0.79 km)
  • Rooftop sky garden with spa pool and panoramic viewing deck
  • Significant PSF discount vs leasehold neighbours (18–23% cheaper than Park Colonial, Woodleigh)
  • Multi-level facility distribution avoids overcrowding common in boutique condos
  • Dual-key 4-bedroom units offer flexible investment configurations
  • Paya Lebar Air Base relocation (post-2030) as long-term upside catalyst
  • Strong rental demand from Tai Seng–Paya Lebar commercial corridor tenants
  • Three primary schools within 1 km for P1 registration
  • Well-connected to PIE, KPE, and CTE expressways
Weaknesses
  • Compact 176-unit development — limited facilities compared to larger neighbours
  • One-bedroom units at 474–495 sqft feel tight for extended owner-occupation
  • No clubhouse, indoor sports hall, or large event space
  • Macpherson Road frontage generates traffic noise on lower floors
  • Industrial-adjacent streetscape still in transition — not as polished as Woodleigh or Potong Pasir
  • PSF trend shows slight softening in most recent period ($1,813 → $1,769)
  • Gross yield at 2.7% lags some leasehold competitors with higher rental efficiency
  • Smaller MCST fund means less financial buffer for major maintenance works
  • Single function room limits entertaining options for residents
Best for — Freehold seekers in RCR MRT-dependent commuters Small-portfolio investors Young professionals / couples Dual-key rental strategy Long-term capital appreciation Families needing 3+ bedrooms Buyers wanting resort-style facilities

Verdict

Sky Green’s proposition boils down to one question: how much do you value freehold tenure in a transforming district? At S$1,802 psf, you are acquiring a perpetual-title asset in the RCR for less than what most 99-year competitors in the Macpherson–Paya Lebar belt command. Woodleigh Residences asks S$2,225 psf, Park Colonial S$2,135, and even The Tre Ver — across the river in Potong Pasir — trades at S$1,917. All are leasehold. That pricing gap is the core of Sky Green’s investment thesis.

The development is not without trade-offs. Facilities are adequate for a boutique condo but will not impress buyers accustomed to mega-development amenity lists. The 176-unit count means a smaller MCST fund and less bargaining power for maintenance contracts. The PSF trend — S$1,635 rising to S$1,813 before a slight dip to S$1,769 — shows healthy appreciation but hints at a price ceiling in the current cycle. And the Macpherson Road frontage, while well-connected, retains an industrial-adjacent character that some buyers may find less polished than Woodleigh or Potong Pasir.

For the right buyer — a pragmatic investor or owner-occupier who values freehold tenure, MRT proximity, and district upside over resort-style facilities — Sky Green represents genuinely competitive value. The Paya Lebar Air Base relocation is a rising tide that will lift all boats in this corridor, but freehold boats float indefinitely. That is Sky Green’s enduring edge.

Frequently Asked Questions

Is Sky Green freehold or leasehold?
Sky Green is a freehold development — one of the few freehold condos in the Macpherson–Tai Seng corridor of District 13. This means there is no lease expiry and no lease decay affecting property value over time.
How far is Sky Green from the nearest MRT station?
Tai Seng MRT (Circle Line) is just 0.42 km away — about a 5-minute walk. Mattar MRT (Downtown Line) is 0.72 km, and MacPherson MRT (Circle Line / Downtown Line interchange) is 0.79 km. Residents have access to both the Circle Line and Downtown Line within walking distance.
What is the average PSF price at Sky Green?
Based on the last 12 months of transactions, the average PSF at Sky Green is approximately S$1,802, with prices ranging from S$1,500 to S$2,005 psf depending on unit type, floor level, and facing.
How does Sky Green compare to nearby condos like Park Colonial and Woodleigh Residences?
Sky Green trades at S$1,802 psf (freehold) versus Park Colonial at S$2,135 psf and Woodleigh Residences at S$2,225 psf (both 99-year leasehold). Sky Green offers a lower entry price with perpetual tenure, while the larger developments provide more extensive facilities and newer finishings.
What unit types are available at Sky Green?
Sky Green offers 1-bedroom (474–495 sqft), 2-bedroom (614–1,033 sqft), 3-bedroom (1,152–1,163 sqft), 4-bedroom dual-key (1,496 sqft), and penthouse (2,207–2,293 sqft) units across 176 total units in two 15-storey towers.
Will the Paya Lebar Air Base relocation benefit Sky Green?
Yes. The confirmed relocation from 2030 onward will lift building height restrictions across the Macpherson–Paya Lebar corridor. This is expected to increase land values and attract higher-density redevelopment in surrounding sites, benefiting existing freehold owners like those at Sky Green.