FreeholdRCRDistrict 12 (Novena)

Skysuites17

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

Skysuites17 is a freehold apartment in District 12 (Novena) that obtained TOP in 2014, with 115 units across 1 block. Across 188 transactions on record, units have recently transacted around S$1.15M (S$1,852 psf, ~614 sqft).

1

What are the key facts about Skysuites17?

Key Takeaway

Skysuites17 is a freehold apartment in District 12 (Novena) that obtained TOP in 2014, with 115 units across 1 block.

Tenure
Freehold
TOP / Completion
2014
Developer
EL DEVELOPMENT (BALESTIER) PTE LTD
Total units
115
Blocks
1
District / Area
District 12 (Novena)
Market segment
RCR
Median PSF
S$1,852 psf
Last transacted
Jun 2026
Remaining lease
Freehold
2

What is the price and PSF at Skysuites17?

Key Takeaway

Units have recently transacted around S$1.15M (S$1,852 psf), at a gross rental yield of about 2.7% (URA caveat data).

Recent median price

S$1.15M

recent · 188 sales on record

Median PSF

S$1,852 psf

recent transactions

Median rent (monthly)

S$2,561

716 rentals on record

Gross rental yield

2.7%

indicative, gross

Source: URA caveat data, through Jun 2026.

3

What has recently sold at Skysuites17?

Key Takeaway

Skysuites17 has 188 recorded sales; the most recent transacted at S$735,000 in Jun 2026 (URA caveat data).

DatePriceSize (sqft)PSF
Jun 2026S$735,000377S$1,951 psf
Feb 2026S$1,200,000614S$1,956 psf
Aug 2025S$1,170,000614S$1,907 psf
May 2025S$730,888355S$2,058 psf
Apr 2025S$1,256,000678S$1,852 psf
Mar 2025S$718,000355S$2,021 psf
Nov 2024S$680,000355S$1,914 psf
Oct 2024S$1,168,000678S$1,722 psf
Sept 2024S$1,110,000614S$1,809 psf
Aug 2024S$1,145,000678S$1,688 psf
Jul 2024S$1,185,000678S$1,747 psf
Jun 2024S$1,165,000678S$1,718 psf

188 sales and 716 rentals on record since Apr 2011. Source: URA.

4

Are prices at Skysuites17 rising?

Key Takeaway

The median transacted PSF at Skysuites17 has risen 33% over the past 9 years (20172026), from S$1,467 psf to S$1,951 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2026S$1,951 psfS$735k2+2.3%
2025S$1,907 psfS$731k4+5.4%
2024S$1,809 psfS$1.09M12-1.1%
2023S$1,830 psfS$690k3+3.2%
2022S$1,774 psfS$1.04M9+3.3%
2021S$1,717 psfS$998k9+20.4%
2020S$1,426 psfS$1.46M5-10.0%
2019S$1,585 psfS$1.07M4-8.6%
2018S$1,735 psfS$640k10+18.3%
2017S$1,467 psfS$900k9

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 Skysuites17?

Key Takeaway

6,316 CEA-registered agents closed at least one recorded deal in District 12 — where Skysuites17 sits — in the last 12 months, across all property types.

Active agents · 12mo

6,316

District 12 · closed ≥1 deal

Deals on record

24,253

all-time · all property types

Source: CEA public transaction records, attributed to District 12across HDB, condo and landed (agent activity isn't published at project level). Browse the agent directory or compare every market segment.

6

Where is Skysuites17 and what's nearby?

Key Takeaway

Skysuites17 is located in Novena, in the Central Region of Singapore.

Skysuites17 is a freehold apartment completed in 2014. It was developed by EL DEVELOPMENT (BALESTIER) PTE LTD. The development has 115 residential units. It sits on a land area of 2,538 sqm and has a gross floor area of 7,108 sqm. The plot ratio is 2.8.

SKYSUITES17 is located at 17 Jalan Rajah, Singapore 329137. It is part of District 12, Balestier / Toa Payoh / Serangoon, Novena. The project falls within the Central Region and the RCR market segment.

The nearest rail connection is Toa Payoh MRT, approximately 556m away, around 9 minutes on foot. Nearby amenities include Square 2 for shopping, NTUC Fairprice Co-operative Ltd for groceries, Blks 91/92 Whampoa Drive # for food options, and Toa Payoh Town Pk for greenery and recreation. Facilities in the development include Barbeque Area, Clubhouse, Fitness corner, Gymnasium room, Jacuzzi, and Lap pool.

7

Who built Skysuites17 and how big is the development?

Key Takeaway

Skysuites17 was developed by EL DEVELOPMENT (BALESTIER) PTE LTD, with 115 units.

Developer
EL DEVELOPMENT (BALESTIER) PTE LTD
Blocks
1
Land area
2,538 sqm (27,319 sqft)
Gross floor area
7,108 sqm (76,510 sqft)
Plot ratio
2.80
8

How far is Skysuites17 from MRT and schools?

Key Takeaway

The nearest MRT/LRT to Skysuites17 is Toa Payoh MRT, about 556 m away (~9 min walk). 2 schools are 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.

  • Chij Secondary (Toa Payoh)Secondary schoolwithin 1 km720 m
  • Chij Primary (Toa Payoh)Primary schoolwithin 1 km · P1 priority855 m
  • Kheng Cheng SchoolPrimary school1.1 km
  • St. Joseph's Institution JuniorPrimary school1.1 km
  • Hong Wen SchoolPrimary school1.3 km
  • Northlight SchoolSecondary school1.3 km
  • Pei Chun Public SchoolPrimary school1.4 km
  • Catholic Junior CollegeJunior college1.4 km

Shops, food & parks

Mall: Square 2 · 859 mSupermarket: NTUC Fairprice Co-operative Ltd · 138 mHawker centre: Blks 91/92 Whampoa Drive # · 858 mPark: Toa Payoh Town Pk · 330 m

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

9

What facilities does Skysuites17 have?

Key Takeaway

Skysuites17 has 9 facilities, including Barbeque Area, Clubhouse, Fitness corner, Gymnasium room, and more.

Barbeque AreaClubhouseFitness cornerGymnasium roomJacuzziLap poolPlaygroundSteam bathWading pool
10

What does it cost to own a unit at Skysuites17?

Key Takeaway

Buying a unit at Skysuites17 (~S$1.15M) needs about S$8,382/mo in income and S$3,856/mo in repayments, after S$30,400 stamp duty and a S$286k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$1.15M) 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$30,400

BSD, tiered

Downpayment (25%)

S$286k

cash + CPF

Monthly instalment

S$3,856/mo

30y @ 3.5%

Income required

S$8,382/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 Skysuites17? Ask before you commit.

A fair-value read, recent comps and what a unit really costs — from Skysuites17's own transactions.

PropKaki
Is Skysuites17 a good buy, and what are units selling for?

Recent units at Skysuites17 sold close to their fair value — solid, no obvious overpay.

Ask anything about Singapore property…
11

Frequently asked questions about Skysuites17

How much does a unit at Skysuites17 cost?

Units at Skysuites17 have recently transacted around S$1.15M (S$1,852 psf), from 188 sales on record (URA caveats). The exact price depends on size, floor and facing.

How much do I need to earn to buy at Skysuites17?

For a unit around S$1.15M as a first home, you'd need roughly S$8,382/mo in income (assessed at the stress-test rate), with repayments near S$3,856/mo after a S$286k (25%) downpayment and S$30,400 Buyer's Stamp Duty.

Is Skysuites17 a good investment?

Gross rental yield is about 2.7%; median PSF has risen about 33% since 2017. 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 Skysuites17 going up?

The median transacted PSF at Skysuites17 has risen about 33% between 2017 and 2026, based on URA caveats. Year-by-year figures are in the price-trend table above.

Is Skysuites17 freehold or leasehold?

Skysuites17 is freehold — ownership does not expire.

When was Skysuites17 built and who developed it?

Skysuites17 obtained TOP in 2014, developed by EL DEVELOPMENT (BALESTIER) PTE LTD, with 115 units across 1 block.

What is the nearest MRT to Skysuites17?

The nearest MRT/LRT station to Skysuites17 is Toa Payoh MRT, about 556 m away (~9 min walk).

Which primary schools are within 1 km of Skysuites17?

Chij Primary (Toa Payoh) is within 1 km of Skysuites17 — homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

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