Aman Residences @ The Skywaters Ushers in a New Era of Ultra-Luxury Living

Another Record Broken in Singapore! First Aman-Branded Residence at The Skywaters Sells at $6,501 psf, Setting an All-Time High for 99-Year Leasehold Projects

Singapore's super-luxury property market has once again witnessed a record-breaking transaction. A consortium led by Perennial Holdings has successfully sold the first Aman-branded residence at The Skywaters for an astounding $6,501 psf—setting a new benchmark for 99-year leasehold residential developments in Singapore.

According to a caveat lodged on 8 October, the 1,798 sq ft, three-bedroom unit on the 30th floor was transacted for S$11.69 million. The buyer is a Singapore Permanent Resident (PR).

This transacted price not only highlights the commanding presence of the Aman brand in the global luxury residential arena, but also underscores how Singapore's ultra-prime residential market continues to draw strong interest from high-net-worth individuals.

Aman Makes Its Singapore Debut with Highly Iconic Branded Residences

Earlier this month, Perennial Holdings and its partners officially announced the arrival of Aman Singapore, marking the inaugural foray into Singapore for Aman, one of the world's most prestigious ultra-luxury hospitality brands.

The Aman hotel component will occupy levels 24 to 26 of the 63-storey mixed-use development, while the Aman Residences will sit on levels 28 to 30, offering sweeping panoramic vistas of the city skyline. This record-breaking unit represents the very first transaction among the branded residences.

Within Skywaters Residences, there are a total of 44 Aman-branded units spanning one- to five-bedroom layouts. Residents will also enjoy access to a full floor dedicated to the Aman Spa, complete with an infinity pool and the brand's signature wellness amenities.

Setting Consecutive Records: Singapore's Super-Luxury Market Reaches New Heights

The transaction at $6,501 psf surpasses the previous record of $6,100 psf established in May 2024, when a 7,761 sq ft penthouse on the 57th floor was sold for $47.34 million to a foreign buyer.

Including this latest deal, three units have been sold at Skywaters Residences since last year—

In June 2025, a 5,285 sq ft, five-bedroom unit on the 55th floor was transacted for $30.87 million ($5,841 psf), also purchased by a Singapore PR.

These figures demonstrate that the super-luxury residential segment in Singapore's Core Central Region (CCR) retains formidable appeal.

The Skywaters: A 305-Metre Future Icon and Singapore's Tallest Skyscraper

The Skywaters is far more than just a residential project; it is a defining landmark in Singapore's future skyline.

Designed by world-renowned architectural firm Skidmore, Owings & Merrill (SOM), this iconic mixed-use development is slated for completion in 2028. Soaring to a height of 305 metres, it will stand as the tallest skyscraper in Singapore.

The development comprises: Grade-A international offices from levels 3 to 22, an underground retail podium with direct, sheltered access to Tanjong Pagar MRT station (East-West Line), and luxury residences from levels 31 to 63 comprising 146 units, which together with the 44 Aman-branded residences form an uncompromisingly bespoke ultra-luxury residential tower.

The site, formerly AXA Tower, is undergoing a total transformation to emerge as the quintessential symbol of ultra-luxurious living in the Singapore Central Business District (CBD).

The Aman Brand and Record-Setting Transactions: Redefining Luxury CBD Living

With the arrival of Aman—one of the pinnacle brands in global luxury hospitality—and The Skywaters continually rewriting local market records, the benchmark for prime residential values in Singapore's CBD is being completely redefined.

The Skywaters represents not only the pinnacle of refined living, but also enduring confidence among international high-net-worth investors in the Singapore market.