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Skies Miltonia

Miltonia Close · District 27 · Outside Central Region (OCR) · 99 yrs lease commencing from 2012

Skies Miltonia is a condominium development in District 27 (OCR). Based on 159 URA-recorded transactions from 20212026, its median price is $1,000,000, with prices moving about 3.5%/yr and a gross rental yield near 4.1%.

The verdict · for an investor

Skies Miltonia · Condominium · District 27 · Leasehold

Skies Miltonia is a mixed picture — a real case, with real caveats.

There's a genuine case here, but weigh the caveats below before you commit — the fundamentals and the record don't all point the same way.

HeadwindsMixedTailwinds

Why it's pushing up

What matters most for you

  • ConvenientMRT about 26 min on foot; 7 supermarkets, 2 food & retail spots nearby.
  • Rentable~4.1% gross yield; schools nearby keep tenants coming.

And what makes it better

  • 1-bed, 2-bed, 3-bed, 4-bed have risen since 2021.
  • A Primary-1 priority school within 1km — a real family draw.
  • Inside Woodlands Regional Centre — a government-committed long-term catalyst.

What's holding it back

  • The 5-bed has lagged (−7.0%).
  • MRT is a real walk — Khatib MRT, about 26 min.
  • The market's near the top of its cycle — mind your entry price.

Should I buy?

A mixed picture

There's a case — weigh the caveats first.

Rental yield

4.1%

gross, on this project

Priced vs nearby

Above 4 of 6

mid-priced for the immediate area.

See if it fits my budget →

Independent research, not advice. A fair price still isn’t automatically a good buy — the call is always yours.

The priceIs my price fair?

Pick your exact unit — then check your price

Your unit’s exact size

Every real size that has sold here (URA caveats). Pick yours — or the closest.

~$1,467/sqft
24 sold here

What 484 sqft (1-bed) units go for here

$0.67Mmiddle ~$0.71M$0.75M

The price they’re asking

Type the price they’re quoting — we’ll judge it against what this exact size really sold for. No opinion until you do.

Recent 484 sqft sales

Aug 2026484 sqft · fl 11-15$0.71M$1,467 psf
Feb 2026484 sqft · fl 01-05$0.67M$1,380 psf
Dec 2025484 sqft · fl 11-15$0.71M$1,467 psf
The rentWhat would it earn?

What it rents for — and if that works

Real rental history — the going median here is about $4.37 psf / month (URA), filled in for your size. Change it if you have a specific number.

The rent you’d get

/mo
3.5% gross yield
Healthyfor a Singapore condo, the rent is doing real work here. At a typical 75% loan, the rent covers ~85% of the mortgage — you’d top up ~$400/mo from your pocket.
Our readSo what should I do?

The price to fight for — and the endgame

No agent, no listing, no one paying us — so we’ll say it plainly, whichever side of the table you’re on, for the size you picked.

If you’re buying

$0.71M

Aim at the middle or below. A patient buyer has been getting closer to $0.69M.

If you’re selling

~$0.74M

List at the top of fair; realistic close is $0.71M–$0.72M unless it’s a high floor.

Why no rush either way: Seller’s Stamp Duty means a buyer can’t sell penalty-free for ~4 years — so you’re holding regardless. That’s your leverage to negotiate down now, not overpay.

The reality check — does the gain even make sense?

Likely worth then$1.00M
Paper gain+$0.29M

Our blunt read: ~$292k over 10 years at this project’s own pace. It works — but forward from a cycle top, treat it as a maybe, not a promise. This is our own POV, not a forecast — the pace is the project’s own (~3.5%/yr), and past pace never promises the future.

Built from URA transactions for Skies Miltonia — an opinion to decide and negotiate with, never a valuation and never financial advice.

If you’re buying — the outlook

Skies Miltonia

Outside Central Region (OCR) · District 27 · ~$1,276 psf · 4.1% yield

own price

Prices are near the top of the cycle, and the government is still cooling it — but cheap loans and steady immigration are holding them up. For Skies Miltonia, its own prices have been flat lately. Over a 4-year hold, expect sideways-to-modest — not a big jump.

◀ HeadwindsTailwinds ▶

On balance, the wind is leaning to your favour.

!

What it means for you: At ~$1,276 psf, Skies Miltonia is priced below similar new projects nearby — good value against its peers. Its own prices are still climbing (~3.5%/yr over ~5 years). You'd also be buying near the top of the cycle, so entry price matters. So — negotiate, don't overpay, and plan to hold past the 4-year stamp-duty window before selling.

The signals behind it

Dots show how much weight each one carries.

Where we are in the cycle

Holds prices back

Prices are near the top — up 33% in 5 years, well above the 4.6%/year long-run pace. Less room left to climb.

This project (Skies Miltonia)

About neutral

Skies Miltonia's own prices have gone flat over the latest year.

Your area vs the rest

Holds prices back

The suburbs (OCR) grew fastest since 2004 — a lot of that gain is already in, so there's more risk it cools from here.

Government cooling measures

Holds prices back

The government is still cooling the market — the latest was SSD back to 4 years at 16/12/8/4% (2025). That caps how fast prices can run.

Home-loan rates

Supports prices

Loan rates are cheap right now (~1.08%) and falling. Easy to carry — which supports prices, but also means more buyers competing with you.

Prices vs salaries

Supports prices

Against salaries, prices aren't expensive by past standards — people can still afford to buy.

New people moving in

Supports prices

Lots of new people keep moving to Singapore (non-residents up ~16% over 5 years) — steady demand for homes and rentals.

New supply nearby

About neutral

A moderate amount of new supply is coming to this district (~1,252 units).

1.3k units
New launches selling

Supports prices

New launches in this district are selling well — 3 recent ones are around 100% sold, so buyer demand here is healthy right now.

100% sold
New land being released

Holds prices back · small effect

The government keeps releasing a lot of new land (~9,200 units this half-year) — more future supply that can weigh on prices years down the road.

Foreign buyers

About neutral · small effect

Foreign buyers are almost gone since the 60% tax (~1.4% of buyers), but the suburbs never leaned on them — so it barely affects you here.

1.4% foreign
Rents at this project

About neutral

Rents at Skies Miltonia have been flat over the last couple of years.

Money ready to spend

Supports prices · small effect

There's more CPF money sitting ready to put toward a home than a few years back — a small support in the background.

The wider economy

Supports prices · small effect

The economy is growing (5% last year) and jobs are steady (1.9% unemployment) — no alarm bells.

Building costs

Supports prices · small effect

Building costs are high (up ~39% since 2010) and still creeping up — developers can't build cheap, which puts a floor under new-launch prices.

Supports pricesHolds prices backNeutral

Built from real public data (URA price index back to 1975, plus rates, immigration, rents, the economy). It prepares you — it never promises a price.

How far could it go — and when?

Is the price high? ~$1,276 psf is ~18% below similar nearby projects (~$1,549). good value

(The whole suburbs average is ~$1,534 psf — but that lumps in older stock, so we compare like with like, not against that.)

What’s realistic here? Its own record and its real neighbours — not the market.

Skies Miltonia has grown ~3.5%/yr over ~5 years. Similar nearby: North Gaia 2.7%, The Watergardens At Canberra 2.9%, Canberra Crescent Residences 1.6%, The Visionaire 8.1%, The Brownstone 8.4% — a 1.68.4%/yr spread (most around 2.9%).

market ~4.6%
Skies 3.5%
0%/yr4%8%/yr

You can’t sell for ~4 years without a penalty. Seller’s Stamp Duty is 16/12/8/4% in years 1–4, then 0% — so the honest question is what happens from year 4 on.

What price per sqft are you hoping to sell at one day?

$psf
Yes, by the time you can sell
Sell earliest (yr 4):at its own ~3.5%/yr, ~$1,464/sqft by year 4 — already past your target.
Likely hits it:about year 4 at its own ~3.5%/yr pace.
Best case:if it ran like its best neighbour (The Brownstone, ~8.4%/yr), about year 2.

Our own read, not financial advice. We don’t predict a price — we show what your target would need, and when, against what this project and its real neighbours have actually done.

Median price

$1,000,000

2021–2026 (URA)

Appreciation

3.5%/yr

median trend

Gross yield

4.1%

~$4.37/psf rent

Lease

~85 yrs left

leasehold

Skies Miltonia median price per sqft, by year

2021$1,088 psf
2022$1,123 psf+3.2%
2023$1,233 psf+9.8%
2024$1,196 psf-3%
2025$1,270 psf+6.2%
2026$1,276 psf+0.5%

Median PSF of actual URA transactions each year, with year-on-year change.

Does Skies Miltonia fit your budget?

GrowKaki models the real take-home — net of stamp duty, agent fee, mortgage interest and CPF — for the exact unit your budget reaches, then hands you to an agent when you’re ready.

Plan your purchase →

Units for sale at Skies Miltonia

Questions people ask about Skies Miltonia

Is Skies Miltonia freehold or leasehold?

Skies Miltonia is on a 99-year lease that began in 2012, so about 85 years remain. It sits in District 27 (Outside Central Region (OCR)).

How much does Skies Miltonia cost per square foot?

Recent transactions at Skies Miltonia are around $1,276 psf. Across its record, transacted prices range from $590,000 to $3,500,000.

Which primary schools are near Skies Miltonia?

Within 1 km (top Primary 1 priority): Northland Primary School (0.79 km), Naval Base Primary School (0.95 km). Within 1–2 km: Huamin Primary School, North View Primary School, Peiying Primary School. Distances are straight-line — the basis MOE uses for P1 priority.

Which MRT station is nearest Skies Miltonia?

The nearest MRT is Khatib MRT, about 1.6 km away (straight-line).

Has Skies Miltonia gone up in value?

Across 159 URA-recorded transactions (2021–2026), prices at Skies Miltonia have moved about 3.5% a year on average, with a gross rental yield near 4.1%. That is a past record, not a forecast.

What condos are comparable to Skies Miltonia?

Within a short walk: The Criterion, The Miltonia Residences, Signature At Yishun, The Canopy, The Wisteria. These are the honest yardstick for its price and growth — closer and more alike than any whole-market average.

Is Skies Miltonia a good buy?

Skies Miltonia sits in Outside Central Region (OCR). Whether it is right for you depends on your budget, purpose and holding period — GrowKaki models the net take-home after stamp duty, agent fee and CPF. This is independent research, not advice, and a fair price is not automatically a good buy.

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