FreeholdCCRDistrict 9 (River Valley)

Skypark

Reviewed by Nathan TangUpdated 10 August 2026Data through Apr 2021 (URA)
Quick Summary

Skypark is a freehold apartment in District 9 (River Valley) that obtained TOP in 2010, with 56 units across 1 block. Across 69 transactions on record, units have recently transacted around S$3.80M (S$1,572 psf, ~2,648 sqft).

1

What are the key facts about Skypark?

Key Takeaway

Skypark is a freehold apartment in District 9 (River Valley) that obtained TOP in 2010, with 56 units across 1 block.

Tenure
Freehold
TOP / Completion
2010
Developer
TG (2003) PTE LTD
Total units
56
Blocks
1
District / Area
District 9 (River Valley)
Market segment
CCR
Median PSF
S$1,572 psf
Last transacted
Apr 2021
Remaining lease
Freehold
2

What is the price and PSF at Skypark?

Key Takeaway

Units have recently transacted around S$3.80M (S$1,572 psf), at a gross rental yield of about 4.2% (URA caveat data).

Recent median price

S$3.80M

recent · 69 sales on record

Median PSF

S$1,572 psf

recent transactions

Median rent (monthly)

S$13,391

151 rentals on record

Gross rental yield

4.2%

indicative, gross

Source: URA caveat data, through Apr 2021.

3

What has recently sold at Skypark?

Key Takeaway

Skypark has 69 recorded sales; the most recent transacted at S$6,000,000 in Apr 2021 (URA caveat data).

DatePriceSize (sqft)PSF
Apr 2021S$6,000,0003,348S$1,792 psf
Jul 2020S$1,000,000700S$1,429 psf
Jul 2020S$3,740,0002,497S$1,498 psf
May 2019S$1,000,000700S$1,429 psf
May 2019S$3,800,0002,648S$1,435 psf
Nov 2017S$6,000,0003,348S$1,792 psf
Sept 2017S$1,100,000700S$1,572 psf
Aug 2017S$4,400,0002,648S$1,662 psf
Nov 2015S$1,000,000700S$1,429 psf
Nov 2015S$4,500,0002,648S$1,699 psf
Jan 2013S$5,859,0003,348S$1,750 psf
Jan 2012S$6,026,4003,348S$1,800 psf

69 sales and 151 rentals on record since Dec 2006. Source: URA.

4

Are prices at Skypark rising?

Key Takeaway

The median transacted PSF at Skypark has fallen 10% over the past 14 years (20062020), from S$1,584 psf to S$1,429 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2020S$1,429 psfS$1.00M2+0.0%
2019S$1,429 psfS$1.00M2-14.0%
2017S$1,662 psfS$4.40M3+16.3%
2015S$1,429 psfS$1.00M2-28.5%
2011S$2,000 psfS$5.30M7+8.0%
2009S$1,851 psfS$1.61M6-0.2%
2008S$1,855 psfS$4.87M7+6.9%
2007S$1,736 psfS$3.86M32+9.6%
2006S$1,584 psfS$1.28M4

Yearly median transacted PSF and price; years with at least 2 recorded sales. Source: URA caveat data.

5

How many property agents are active around Skypark?

Key Takeaway

8,303 CEA-registered agents closed at least one recorded deal in District 9 — where Skypark sits — in the last 12 months, across all property types.

Active agents · 12mo

8,303

District 9 · closed ≥1 deal

Deals on record

67,358

all-time · all property types

Source: CEA public transaction records, attributed to District 9across HDB, condo and landed (agent activity isn't published at project level). Browse the agent directory or compare every market segment.

6

Where is Skypark and what's nearby?

Key Takeaway

Skypark is located in River Valley, in the Central Region of Singapore.

Skypark is a freehold apartment completed in 2010. It was developed by TG (2003) PTE LTD. The development has 56 residential units. It sits on a land area of 2,706 sqm and has a gross floor area of 7,578 sqm. The plot ratio is 2.8.

SKYPARK is located at 22 St. Thomas Walk, Singapore 238107. It is part of District 09, Orchard / Cairnhill / River Valley, River Valley. The project falls within the Central Region and the CCR market segment.

The nearest rail connection is Great World MRT, approximately 447m away, around 7 minutes on foot. Nearby amenities include 111 Somerset for shopping, NTUC Fairprice Co-operative Ltd for groceries, Zion Riverside Food Centre for food options, and Orchard Fountain Corner for greenery and recreation.

7

Who built Skypark and how big is the development?

Key Takeaway

Skypark was developed by TG (2003) PTE LTD, designed by M K P L ARCHITECTS, with 56 units over up to 29 storeys.

Developer
TG (2003) PTE LTD
Architect
M K P L ARCHITECTS
Main contractor
THYE CHUAN ENGINEERING CONSTRUCTION CO PTE LTD
Floors
29 storeys
Blocks
1
Land area
2,706 sqm (29,127 sqft)
Gross floor area
7,578 sqm (81,569 sqft)
Plot ratio
2.80
8

How far is Skypark from MRT and schools?

Key Takeaway

The nearest MRT/LRT to Skypark is Great World MRT, about 447 m away (~7 min walk). 1 school is within 1 km, including 1 primary school.

Getting around

Schools nearby

Homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

  • River Valley Primary SchoolPrimary schoolwithin 1 km · P1 priority332 m
  • St. Margaret's School (Primary)Primary school1.3 km
  • School Of The Arts, SingaporeMixed-level school1.4 km
  • Alexandra Primary SchoolPrimary school1.5 km
  • Anglo-Chinese School (Junior)Primary school1.5 km
  • Gan Eng Seng SchoolSecondary school1.6 km
  • Zhangde Primary SchoolPrimary school1.8 km

Shops, food & parks

Mall: 111 Somerset · 362 mSupermarket: NTUC Fairprice Co-operative Ltd · 273 mHawker centre: Zion Riverside Food Centre · 767 mPark: Orchard Fountain Corner · 517 m

Straight-line distances from the development. Source: PropKaki amenities data.

9

What does it cost to own a unit at Skypark?

Key Takeaway

Buying a unit at Skypark (~S$3.80M) needs about S$27,817/mo in income and S$12,798/mo in repayments, after S$167,600 stamp duty and a S$950k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$3.80M) as their first home — 25% down, 30-year loan at 3.5% p.a. Rates as of May 2026. Run it for your own profile →

Buyer's Stamp Duty

S$167,600

BSD, tiered

Downpayment (25%)

S$950k

cash + CPF

Monthly instalment

S$12,798/mo

30y @ 3.5%

Income required

S$27,817/mo

TDSR @ stress rate

Weighing it up as an investment? Gauge the odds with the profitability model, or read how to tell if a condo is profitable →

Keep going in the PropKaki app

Thinking about Skypark? Ask before you commit.

A fair-value read, recent comps and what a unit really costs — from Skypark's own transactions.

PropKaki
Is Skypark a good buy, and what are units selling for?

Recent units at Skypark sold close to their fair value — solid, no obvious overpay.

Ask anything about Singapore property…
10

Frequently asked questions about Skypark

How much does a unit at Skypark cost?

Units at Skypark have recently transacted around S$3.80M (S$1,572 psf), from 69 sales on record (URA caveats). The exact price depends on size, floor and facing.

How much do I need to earn to buy at Skypark?

For a unit around S$3.80M as a first home, you'd need roughly S$27,817/mo in income (assessed at the stress-test rate), with repayments near S$12,798/mo after a S$950k (25%) downpayment and S$167,600 Buyer's Stamp Duty.

Is Skypark a good investment?

Gross rental yield is about 4.2%; median PSF has fallen about 10% since 2006. Whether it suits you depends on your budget, holding period and the unit's size, floor and facing — all summarised on this page from URA data.

Are prices at Skypark going up?

The median transacted PSF at Skypark has fallen about 10% between 2006 and 2020, based on URA caveats. Year-by-year figures are in the price-trend table above.

Is Skypark freehold or leasehold?

Skypark is freehold — ownership does not expire.

When was Skypark built and who developed it?

Skypark obtained TOP in 2010, developed by TG (2003) PTE LTD, with 56 units across 1 block.

What is the nearest MRT to Skypark?

The nearest MRT/LRT station to Skypark is Great World MRT, about 447 m away (~7 min walk).

Which primary schools are within 1 km of Skypark?

River Valley Primary School is within 1 km of Skypark — homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

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