Overview Rating
Overall, Sky Everton scores well in most factors except for Sale PSF price where it falls slightly behind the average PSF prices for condos in CCR region. Therefore, I would give it an overall score rating of 7.5/10.
Tenure
Sky Everton has a freehold tenure which gives the owner the full ownership of the property without any restrictions. This makes it more attractive to potential buyers and adds value to the property.
Amenities
Sky Everton scores high in this factor as it is within walking distance to MRT stations like Cantonment MRT and Outram Park MRT, supermarkets such as FairPrice – Tanjong Pagar and FairPrice Finest – Finest Amara, and schools like Cantonment Primary School.
Future Development
There are no current plans by URA for future developments around Sky Everton which could affect its appreciation value over time but there are ongoing developments nearby such as Rail Corridor (Central) where residents can enjoy outdoor recreational activities with friends and family members while enjoying nature’s serenity.
Sale PSF Price
The average PSF price for Sky Everton ranges from $2,581 to $3,225 which is higher than the average PSF prices for condos in OCR and RCR but slightly lower than that of CCR.
Resale Potential
Sky Everton has good resale potential due to its prime location in District 2, freehold tenure, and proximity to amenities such as schools and MRT stations which can attract potential buyers or renters in the future.
Rental Yield
The average rental yield in Singapore is around 3%. Based on its location and amenities nearby, Sky Everton has a good potential rental yield which could be higher than this average value.
Sky Everton is a freehold condominium development located at 50 Everton Road, in the Bukit Merah district of Singapore. The development comprises one block with a total of 262 units, ranging from 1 bedroom to 6 bedrooms, and was completed in 2023. The condo offers a variety of amenities, including fitness corner, function room, gym, hammocks, infinity pool, jet pool, lap pool and lounge.
Location:
Sky Everton is situated in the mature estate of Tanjong Pagar. One advantage of its location is its proximity to public transportation with two MRT stations – Cantonment MRT and Outram Park MRT nearby. These stations provide easy access for residents traveling to other areas such as the Central Business District (CBD) or Orchard Road shopping belt.
There are also several schools in close proximity to Sky Everton such as Cantonment Primary School which is just a three-minute walk away. For groceries and household products, there are supermarkets like FairPrice – Tanjong Pagar and FairPrice Finest – Finest Amara nearby.
For leisure activities and outdoor enthusiasts, residents can head down to Tanjong Pagar RICOH Park which is just around the corner from Sky Everton.
Units:
The Sky Everton development offers a variety of unit sizes ranging from 463 sqft for one-bedroom units up to 2,228 sqft for six-bedroom penthouse units. All units are designed with practicality and functionality in mind while still exuding an air of luxury. The smaller units have been cleverly designed to maximize space while still maintaining functionality. Premium finishes such as marble flooring in the living areas add an extra touch of elegance.
Price:
Pricing at Sky Everton ranges from $1.36 million for a one-bedroom unit to $5.87 million for a five-bedroom unit or penthouse. Prices per square foot range from $2,581 psf up to $3,225 psf, depending on the unit size and location within the development.
When compared to similar properties in the area, Sky Everton’s pricing is competitive. The condo offers a range of amenities, quality finishes, and proximity to public transportation that make it an attractive investment opportunity.
Conclusion:
Sky Everton provides residents with luxurious living in a convenient location. The development offers a wide array of amenities for residents to enjoy, including both indoor and outdoor facilities. Its strategic location allows for easy access to places like the CBD and Orchard Road via public transportation.
Unit sizes are practical and functional while still providing an element of luxury with premium finishes. Prices at Sky Everton are competitive when compared to other similar properties in the area, making it an ideal investment opportunity for those looking for luxurious living in a central location.
