The Skywoods

Condominium · in Bukit Panjang, District 23, Singapore · 99 yrs from 21/12/2012 · Completed 2016

Data through 21 August 2026

The Skywoods project gallery

Site plan is shown first when available. Scroll to view more project images.

Intro: The Skywoods is a 420-unit development in Bukit Panjang that offers a serene, nature-focused lifestyle just a short walk from Hillview MRT station 🌳.
Good to know: Completed in 2016, this 99-year leasehold project features a wide unit mix ranging from one-bedroom plus study units to spacious penthouses 🏠; Residents enjoy convenient proximity to CHIJ Our Lady Queen of Peace, which is located within 1km of the development 🏫; The site is well-connected to the Downtown Line, providing a direct rail link to the city center via Hillview station 🚆.
Practical note: While the project enjoys a peaceful atmosphere, it is best suited for those who appreciate a quieter, nature-adjacent environment over being in the middle of a bustling urban hub 🚶.

D23OCRWestBukit Panjang

REALSCOREⓘ

Profitability rank across Singapore

3.5

Annual Returns

Avg annualized profit (past 1y)

3.8%

< 1km

MRT Station

< 10y

Property Age

Near

$1M+ HDB

> 1K

MOPs in Town

Mega

Development

100%

Profitable

Top 20

Schools

50+

Deals Past Yr

The Skywoods project details

Street

Dairy Farm Heights

Developer

Bukit Timah Green Development Pte Ltd

Property Type

Condominium

Completion

2016

Total Units

420

Plot Ratio

2.1

Unit Size

527 - 1,625 sqft

Tenure

99 yrs from 21/12/2012

Lease Remaining

85 yrs

Postal Sector

GLS Site

Land Use

Residential (Non-Landed)

Development Type

Residential

Site Area

17545.80

Plot Ratio

2.10

Permissible GFA

36847.00

GLS Launch

23-07-2012

Tender Closed

18-09-2012

Awarded

25-09-2012

Awarded To

First Shine Properties Pte Ltd and Meadows Bright Development Pte Ltd

Bids

Winning Tender

244318000.00

Land Rate (GFA)

6630.61

Land Rate (ppr)

616.00

Max GFA (Est.)

36847.00

Estimated Units

390

MRT and LRT stations near The Skywoods

Hillview469 m MRTDT3
Cashew876 m MRTDT2

See details on nearby stations

Primary schools near The Skywoods

Chij Our Lady Queen Of Peace373 m
Bukit Panjang Primary School886 m

See details on nearby schools

The Skywoods price, PSF and transaction trends

52%

HDB Buyers

$680.6M+

Total Transacted

17-09-2013

First Transacted

21-08-2026

Last Transacted

545

Total Transactions

The Skywoods transaction volume

New SaleSub SaleResale

Among the latest 12 recorded sales for The Skywoods, the median price was S$1,720,000 and the median PSF was S$1,694 psf. The newest record shown is from 21 August 2026. The annual project median was 30.5% higher in 2026 than in 2019; unit mix can affect year-to-year comparisons.

Recent The Skywoods transactions

Date	Sale type	Price	PSF	Size
21 August 2026	Resale	S$2,430,000	S$1,648 psf	1,475 sqft
17 July 2026	Resale	S$1,880,000	S$1,617 psf	1,163 sqft
24 June 2026	Resale	S$1,510,000	S$1,732 psf	872 sqft
9 June 2026	Resale	S$1,760,000	S$1,739 psf	1,012 sqft
25 May 2026	Resale	S$1,540,000	S$1,766 psf	872 sqft

The Skywoods median transaction PSF (S$)

The Skywoods annual price trend

Year	Median price	Median PSF	Recorded sales
2026	S$1,760,000	S$1,708 psf	11
2025	S$1,684,000	S$1,689 psf	26
2024	S$1,580,000	S$1,619 psf	19
2023	S$1,525,000	S$1,550 psf	12
2022	S$1,440,000	S$1,444 psf	22
2021	S$1,351,020	S$1,347 psf	37
2020	S$1,256,500	S$1,288 psf	14
2019	S$1,175,000	S$1,309 psf	7

97.3%

% Profitable

142

Profitable

Unprofitable

> 6% Annualized

7.1 yrs

Avg Holding

$36.0M

Total Profits

The Skywoods annualized profit %

View full details

The Skywoods rental prices and estimated yield

Past 1 month

$4.78

Avg PSF Rental

No. of Rentals

3.4%

Est. Rental Yield

Among the latest 12 recorded rental contracts for The Skywoods, the median monthly rent was S$4,350, with records ranging from S$2,900 to S$6,400.

Recent The Skywoods rental contracts

Lease date	Bedrooms	Monthly rent	Est. PSF	Area
1 July 2026	3 BR	S$5,000	S$5 psf	1000-1100
1 July 2026	3 BR	S$5,000	S$5 psf	1000-1100
1 July 2026	4 BR	S$5,500	S$4 psf	1200-1300
1 July 2026	3 BR	S$4,500	S$5 psf	900-1000
1 July 2026	1 BR	S$3,000	S$5 psf	500-600

The Skywoods rental volume

View full details

Frequently asked questions about The Skywoods

How much do units at The Skywoods cost?

The latest 12 recorded sales show a median price of S$1,720,000 and a median of S$1,694 psf. Actual prices vary by floor, size, facing, condition and sale date.

What are the rental price and estimated yield at The Skywoods?

The latest recorded median monthly rent is S$4,350 and the estimated rental yield based on the past six months is 3.4%. Rental yield is indicative and can vary by unit and costs.

Is The Skywoods freehold or leasehold?

The Skywoods has a tenure of 99 yrs from 21/12/2012.

When was The Skywoods completed and who developed it?

The Skywoods was completed in 2016, the developer is Bukit Timah Green Development Pte Ltd, and the project has 420 units.

Which MRT or LRT station is nearest to The Skywoods?

Hillview is the nearest station shown, at an estimated straight-line distance of 469 metres.

Which primary schools are near The Skywoods?

The primary schools shown within the page’s one-kilometre search are Chij Our Lady Queen Of Peace (373 m) and Bukit Panjang Primary School (886 m). Distances are estimates and do not determine school-admission eligibility.

Data sources and methodology

Sale and rental records are based on URA private residential property market data. REALSMART calculates project-level medians, chart groupings, profitability indicators, straight-line distances and estimated rental yields. Data on this page runs through 21 August 2026. Figures are indicative and do not constitute financial advice.