Skypark
Located in District 9 (Orchard, Cairnhill, River Valley), Skypark is a freehold condominium in the Core Central Region (CCR). Completed in 2009, the development comprises 56 units. This page tracks recorded sale prices, rental contracts and yield trends from URA data.
Overview & Key Facts
SKYPARK is a freehold condominium at ST. THOMAS WALK in District 9 (CCR), developed by TG PTE LTD, comprising 56 units, completed in 2009.
Location & Connectivity
SKYPARK is approximately 290m from Great World MRT station, with 10 stations within 1.5 km.
| Station | Line | Distance |
|---|---|---|
| Great World | Thomson-East Coast Line | 290m |
| Somerset | North-South Line | 480m |
| Orchard Boulevard | Thomson-East Coast Line | 840m |
| Orchard | North-South Line | 920m |
| Orchard | Thomson-East Coast Line | 920m |
| Havelock | Thomson-East Coast Line | 960m |
Schools & Education
20 schools within 2 km (2 within 1 km priority zone).
| School | Type | Distance |
|---|---|---|
| Kheng Cheng School | Primary | 300m |
| Fairfield Methodist School (Primary) | Primary | 540m |
| ACS (Junior) | Primary | 1.1 km |
| NPS International School | International | 1.2 km |
| St. Anthony's Primary School | Primary | 1.3 km |
| Gan Eng Seng School | Secondary | 1.4 km |
| Gan Eng Seng Primary School | Primary | 1.4 km |
| Outram Secondary School | Secondary | 1.5 km |
Market Position
SKYPARK has recorded 1 sale at an average price of $6,000,000.
Neighbourhood Comparison
| Condo | Tenure | Avg PSF | Sales |
|---|---|---|---|
| IRWELL HILL RESIDENCES | 99 yrs lease commencing from 2020 | $2,731 psf | 585 |
| RIVER GREEN | 99 yrs lease commencing from 2024 | $3,139 psf | 494 |
| RIVER MODERN | 99 years leasehold | $3,243 psf | 427 |
| THE AVENIR | Freehold | $3,191 psf | 323 |
| KOPAR AT NEWTON | 99 yrs lease commencing from 2019 | $2,512 psf | 256 |
What Could Work Against You
- Only 0 transactions were recorded in the past 12 months, so the price figures here rest on a thin sample — a single outlier deal can move the averages.
- At 56 units, this is a boutique development — fewer comparable sales to anchor valuations, and maintenance costs spread across a smaller fee base.
Best suited for
Who This Actually Suits
This is a strong match for mrt-walkable commuters, long-term hold (10+ yr), freehold / generational hold and boutique low-density (<100 units). Located ~292m from Great World MRT, this property is a comfortable daily walk for transit commuters.
yield-focused investors and foreign / absd-aware buyers should treat this as a shortlist candidate, not a default choice.
first-time hdb upgraders should probably look elsewhere. CCR (Core Central Region) pricing sits within reach of HDB upgraders banking proceeds from a mature-estate resale.
One caution flagged here: avoid if mrt-dependent — MRT access is meaningfully constrained — transit-dependent buyers should consider better-connected alternatives.
Verdict
SKYPARK is a freehold development in District 9 (CCR), with 56 units, offering a gross yield of 3.1%.
Explore the full SKYPARK dashboard for interactive analytics.
HDB Alternatives Nearby
Weighing SKYPARK against staying public? These HDB towns sit within walking or short-drive distance:
- Bukit Merah — 4-room average $894,787 (820m away), an upgrader gap of about $5,100,000
- Central Area — 4-room average $1,088,814 (1 km away), an upgrader gap of about $4,900,000
FAQ
What is the average PSF for SKYPARK?
Is SKYPARK freehold?
What is the rental yield for SKYPARK?
Which MRT is nearest to SKYPARK?
Sources & Next Steps
- SKYPARK Dashboard — Live charts and analytics
- URA — Official transaction data
- District 9 (Orchard, Cairnhill, River Valley) — District 9 neighbourhood guide
Methodology & Sources
This analysis covers All available years and refreshes as new data becomes available.
Transaction data sourced from URA REALIS.
- Sales data: 1 transaction
- Rental data: 42 leases
- Source: URA
Median values used to minimise outlier impact. PSF = price per square foot.
Latest recorded data point: Apr 2021 · 1 record analysed · Source: URA private-sale caveats