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FairComparisons
D04 Harbourfront

SKYLINE RESIDENCES

TELOK BLANGAH ROAD · District 04 · Freehold

Median Price

S$2.0M

64 transactions

Price Range

S$1.0M - S$3.8M

Tenure

Freehold

Avg Rent

S$5.60 psf

per month

SKYLINE RESIDENCES Price Analysis

SKYLINE RESIDENCES is a freehold development on TELOK BLANGAH ROAD in District 04 (Harbourfront). According to URA transaction records, 64 private residential transactions have been recorded at this development, with a median price of S$1,974,444. Prices range from S$1.0M for the smallest units to S$3.8M for premium configurations.

The development offers units across 4 size categories. The most traded segment is studio (<50 sqm) at a median of S$1,060,000. Larger units (4-bed (130-170 sqm)) trade at S$3,365,000, reflecting the premium for additional space.

Floor level significantly impacts pricing at SKYLINE RESIDENCES. High-floor units (06-10) command a median of S$2,904,000, while low-floor units (01-05) sell for S$1,399,440. That is a 108% premium for higher floors, worth S$1.5M in absolute terms. Buyers with flexibility on floor preference can save significantly by choosing mid-range levels.

On the rental side, SKYLINE RESIDENCES commands an average of S$5.60 per square foot per month. At the median purchase price, this implies a gross rental yield of approximately 2.9%.

Price Trend

Median transaction price by contract month.

Source: URA Private Residential Property Transactions

Price by Floor Level

06-10
S$2.9M
16 txns
11-15
S$2.3M
16 txns
21-25
S$1.9M
13 txns
16-20
S$1.9M
11 txns
01-05
S$1.4M
8 txns

Price by Unit Size

Size BandMedian PriceAvg SizeTransactions
Studio (<50 sqm)S$1.1M45 sqm14
2-Bed (70-100 sqm)S$1.8M77 sqm20
3-Bed (100-130 sqm)S$2.9M123 sqm14
4-Bed (130-170 sqm)S$3.4M150 sqm16

FAQ

What is the average price of SKYLINE RESIDENCES?

The median transaction price at SKYLINE RESIDENCES is S$1,974,444, based on 64 URA-recorded transactions. Prices range from S$1.0M to S$3.8M.

Does floor level affect prices at SKYLINE RESIDENCES?

Yes. High-floor units (06-10) sell for a median of S$2,904,000, while low-floor units (01-05) sell for S$1,399,440. That is a 108% premium for higher floors.

What is the rental rate at SKYLINE RESIDENCES?

The average rental rate at SKYLINE RESIDENCES is approximately S$5.60 per square foot per month, based on URA median rental data.

Source: URA Private Residential Property Transactions. Analysis by FairComparisons.