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Home/District 27 - Sembawang, Yishun/SKYPARK RESIDENCES

SKYPARK RESIDENCES

District 27OCR99 yrs lease commencing from 2013PropertyGuru

Project Details

Address
SEMBAWANG CRESCENT
Property Type
Executive Condominium
Total Units
506
Est. TOP
2017
Developer
Oasis Development Pte Ltd
Tenure
99 yrs lease commencing from 2013
Price by Bedroom (median, 3yr)
3-Bed
$1,541,888
30 txns
4-Bed
$1,868,000
27 txns
5-Bed
$2,200,000
15 txns
Median PSF (3yr)
$1365
72 transactions
Lease too short to normalize meaningfully (under 40yr remaining).

About this number

Normalized PSF uses Bala's Table - the Singapore Land Authority differential premium reference for valuing leasehold against freehold. Bala values a fresh 99-year lease at 96% of freehold; the curve drops non-linearly, reaching ~75% at 50 years remaining and ~60% at 30 years.

Below 40 years remaining we stop normalizing because the curve diverges from market reality once CPF withdrawal restrictions and bank LTV cliffs dominate.

A separate 5% adjustment applies to projects whose lease commenced before 2023, reflecting the older strata-area measurement convention (which counted air-con ledges and bay windows).

Source: Singapore Land Authority differential premium reference (Bala's Table).

Investment Signals

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PSF Trend

Transaction prices per square foot

More projects in District 27 - Sembawang, Yishun ->
Last 3 years
  • SKYPARK RESIDENCESOCR
    May 2026 · D27 · 4-Bed · 1,302 sqft · fl 01-05
    $2,000,000
    $1,536 psf
    — norm
    Resale
  • SKYPARK RESIDENCESOCR
    Feb 2026 · D27 · 4-Bed · 1,582 sqft · fl 01-05
    $2,180,000
    $1,378 psf
    — norm
    Resale
  • SKYPARK RESIDENCESOCR
    Feb 2026 · D27 · 3-Bed · 1,152 sqft · fl 01-05
    $1,500,000
    $1,302 psf
    — norm
    Resale
  • SKYPARK RESIDENCESOCR
    Feb 2026 · D27 · 4-Bed · 1,302 sqft · fl 01-05
    $1,868,000
    $1,434 psf
    — norm
    Resale
  • SKYPARK RESIDENCESOCR
    Feb 2026 · D27 · 4-Bed · 1,313 sqft · fl 01-05
    $1,860,000
    $1,416 psf
    — norm
    Resale
  • SKYPARK RESIDENCESOCR
    Jan 2026 · D27 · 4-Bed · 1,302 sqft · fl 11-15
    $2,100,000
    $1,612 psf
    — norm
    Resale
  • SKYPARK RESIDENCESOCR
    Dec 2025 · D27 · 3-Bed · 1,238 sqft · fl 01-05
    $1,820,000
    $1,470 psf
    — norm
    Resale
  • SKYPARK RESIDENCESOCR
    Oct 2025 · D27 · 5-Bed · 1,593 sqft · fl 11-15
    $2,380,000
    $1,494 psf
    — norm
    Resale
  • SKYPARK RESIDENCESOCR
    Oct 2025 · D27 · 4-Bed · 1,302 sqft · fl 11-15
    $2,158,000
    $1,657 psf
    — norm
    Resale
  • SKYPARK RESIDENCESOCR
    Oct 2025 · D27 · 4-Bed · 1,302 sqft · fl 01-05
    $1,875,000
    $1,440 psf
    — norm
    Resale
  • SKYPARK RESIDENCESOCR
    Sep 2025 · D27 · 5-Bed · 1,593 sqft · fl 11-15
    $2,500,000
    $1,569 psf
    — norm
    Resale
  • SKYPARK RESIDENCESOCR
    Sep 2025 · D27 · 5-Bed · 1,722 sqft · fl 06-10
    $2,475,000
    $1,437 psf
    — norm
    Resale
  • SKYPARK RESIDENCESOCR
    Sep 2025 · D27 · 4-Bed · 1,313 sqft · fl 06-10
    $2,038,888
    $1,553 psf
    — norm
    Resale
  • SKYPARK RESIDENCESOCR
    Sep 2025 · D27 · 4-Bed · 1,302 sqft · fl 06-10
    $1,908,000
    $1,465 psf
    — norm
    Resale
  • SKYPARK RESIDENCESOCR
    Aug 2025 · D27 · 3-Bed · 1,141 sqft · fl 01-05
    $1,590,000
    $1,394 psf
    — norm
    Resale
  • SKYPARK RESIDENCESOCR
    Aug 2025 · D27 · 3-Bed · 1,238 sqft · fl 01-05
    $1,728,888
    $1,397 psf
    — norm
    Resale
  • SKYPARK RESIDENCESOCR
    Jul 2025 · D27 · 5-Bed · 1,593 sqft · fl 01-05
    $2,130,000
    $1,337 psf
    — norm
    Resale
  • SKYPARK RESIDENCESOCR
    Jul 2025 · D27 · 5-Bed · 1,593 sqft · fl 11-15
    $2,230,000
    $1,400 psf
    — norm
    Resale
  • SKYPARK RESIDENCESOCR
    Jun 2025 · D27 · 5-Bed · 1,593 sqft · fl 01-05
    $2,180,000
    $1,368 psf
    — norm
    Resale
  • SKYPARK RESIDENCESOCR
    May 2025 · D27 · 3-Bed · 1,152 sqft · fl 06-10
    $1,628,888
    $1,414 psf
    — norm
    Resale
ProjectDistRegionBedFloorAreaPricePSF99yr NormDateType
SKYPARK RESIDENCES27OCR401-051,302$2,000,000$1,536—May 2026Resale
SKYPARK RESIDENCES27OCR401-051,582$2,180,000$1,378—Feb 2026Resale
SKYPARK RESIDENCES27OCR301-051,152$1,500,000$1,302—Feb 2026Resale
SKYPARK RESIDENCES27OCR401-051,302$1,868,000$1,434—Feb 2026Resale
SKYPARK RESIDENCES27OCR401-051,313$1,860,000$1,416—Feb 2026Resale
SKYPARK RESIDENCES27OCR411-151,302$2,100,000$1,612—Jan 2026Resale
SKYPARK RESIDENCES27OCR301-051,238$1,820,000$1,470—Dec 2025Resale
SKYPARK RESIDENCES27OCR511-151,593$2,380,000$1,494—Oct 2025Resale
SKYPARK RESIDENCES27OCR411-151,302$2,158,000$1,657—Oct 2025Resale
SKYPARK RESIDENCES27OCR401-051,302$1,875,000$1,440—Oct 2025Resale
SKYPARK RESIDENCES27OCR511-151,593$2,500,000$1,569—Sep 2025Resale
SKYPARK RESIDENCES27OCR506-101,722$2,475,000$1,437—Sep 2025Resale
SKYPARK RESIDENCES27OCR406-101,313$2,038,888$1,553—Sep 2025Resale
SKYPARK RESIDENCES27OCR406-101,302$1,908,000$1,465—Sep 2025Resale
SKYPARK RESIDENCES27OCR301-051,141$1,590,000$1,394—Aug 2025Resale
SKYPARK RESIDENCES27OCR301-051,238$1,728,888$1,397—Aug 2025Resale
SKYPARK RESIDENCES27OCR501-051,593$2,130,000$1,337—Jul 2025Resale
SKYPARK RESIDENCES27OCR511-151,593$2,230,000$1,400—Jul 2025Resale
SKYPARK RESIDENCES27OCR501-051,593$2,180,000$1,368—Jun 2025Resale
SKYPARK RESIDENCES27OCR306-101,152$1,628,888$1,414—May 2025Resale

Normalized via Bala's Table (SLA differential premium curve). Fresh 99yr lease ≈ 96% of freehold; below 40yr we don't normalize.

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