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Sky Green

Macpherson Road · District 13 · Rest of Central Region (RCR) · Freehold

Sky Green is a condominium development in District 13 (RCR). Based on 51 URA-recorded transactions from 20212026, its median price is $1,335,000, with prices moving about 3.5%/yr and a gross rental yield near 3.9%.

The verdict · for an investor

Sky Green · Condominium · District 13 · Freehold

Sky Green 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 7 min on foot; 8 supermarkets, 3 food & retail spots nearby.
  • Rentable~3.9% gross yield; transport and schools nearby keep tenants coming.

And what makes it better

  • Every unit type has risen — 4-bed +20.1%, 2-bed +18.5%, 1-bed +16.1% since 2021.
  • A Primary-1 priority school within 1km — a real family draw.

What's holding it back

  • The market's near the top of its cycle — mind your entry price.
  • Larger units — entry starts around $1.54M, not an easy first step.

Should I buy?

A mixed picture

There's a case — weigh the caveats first.

Rental yield

3.9%

gross, on this project

Priced vs nearby

Cheapest nearby

priced under the walkable neighbours.

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.

~$1,757/sqft
12 sold here

What 797 sqft (3-bed) units go for here

$1.32Mmiddle ~$1.40M$1.48M

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 797 sqft sales

Jun 2026797 sqft · fl 11-15$1.54M$1,932 psf
Jul 2025797 sqft · fl 01-05$1.49M$1,868 psf
Oct 2024797 sqft · fl 06-10$1.45M$1,820 psf
The rentWhat would it earn?

What it rents for — and if that works

Real rental history — the going median here is about $6.09 psf / month (URA), filled in for your size. Change it if you have a specific number.

The rent you’d get

/mo
4.2% gross yield
Stronggenuinely rentable, and rare at this price. At a typical 75% loan, the rent covers ~99% of the mortgage — you’d top up ~$50/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

$1.40M

Aim at the middle or below. A patient buyer has been getting closer to $1.35M.

If you’re selling

~$1.46M

List at the top of fair; realistic close is $1.40M–$1.42M 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$1.98M
Paper gain+$0.57M

Our blunt read: ~$575k 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 Sky Green — an opinion to decide and negotiate with, never a valuation and never financial advice.

If you’re buying — the outlook

Sky Green

Rest of Central Region (RCR) · District 13 · ~$1,859 psf · 3.9% 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 Sky Green, 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 roughly even.

!

What it means for you: At ~$1,859 psf, Sky Green is priced about level with similar new projects nearby — no bargain, but you're not overpaying versus 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 (Sky Green)

About neutral

Sky Green's own prices have gone flat over the latest year.

Your area vs the rest

About neutral

The city fringe (RCR) sits in the middle of the three areas on long-run growth.

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 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

Holds prices back · small effect

Foreign buyers are almost gone since the 60% tax (~1.4% of buyers) — a small drag on the city fringe.

1.4% foreign
Rents at this project

About neutral

Rents at Sky Green 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? ~$1,859 psf is ~8% below similar nearby projects (~$2,024). about right

(The whole city fringe average is ~$1,830 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.

Sky Green has grown ~3.5%/yr over ~5 years. Similar nearby: The Woodleigh Residences 4.4%, The Tre Ver 2.1%, Bartley Ridge 7%, Park Colonial 2.1%, The Poiz Residences 2.2% — a 2.17%/yr spread (most around 2.2%).

market ~4.6%
Sky 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
Later — around year 5
Sell earliest (yr 4):at its own ~3.5%/yr, ~$2,133/sqft by year 4 — still short of $2,150.
Likely hits it:about year 5 at its own ~3.5%/yr pace.
Best case:if it ran like its best neighbour (Bartley Ridge, ~7%/yr), about year 3.

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

$1,335,000

2021–2026 (URA)

Appreciation

3.5%/yr

median trend

Gross yield

3.9%

~$6.09/psf rent

Lease

Freehold

Sky Green median price per sqft, by year

2021$1,581 psf
2022$1,589 psf+0.5%
2023$1,737 psf+9.3%
2024$1,798 psf+3.5%
2025$1,843 psf+2.5%
2026$1,859 psf+0.9%

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

Does Sky Green 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 Sky Green

Questions people ask about Sky Green

Is Sky Green freehold or leasehold?

Sky Green is a freehold development in District 13 (Rest of Central Region (RCR)). Freehold means there is no lease running down.

How much does Sky Green cost per square foot?

Recent transactions at Sky Green are around $1,859 psf. Across its record, transacted prices range from $730,000 to $3,000,000.

Which primary schools are near Sky Green?

Within 1 km (top Primary 1 priority): Canossa Catholic Primary School (0.79 km). Within 1–2 km: Cedar Primary School, Maris Stella High School, Geylang Methodist School (primary). Distances are straight-line — the basis MOE uses for P1 priority.

Which MRT station is nearest Sky Green?

The nearest MRT is Tai Seng MRT, about 380 m away (straight-line).

Has Sky Green gone up in value?

Across 51 URA-recorded transactions (2021–2026), prices at Sky Green have moved about 3.5% a year on average, with a gross rental yield near 3.9%. That is a past record, not a forecast.

What condos are comparable to Sky Green?

Within a short walk: The Antares, Bartley Vue, Bartley Ridge. These are the honest yardstick for its price and growth — closer and more alike than any whole-market average.

Is Sky Green a good buy?

Sky Green sits in Rest of Central Region (RCR). 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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