D02 - Chinatown / Tanjong Pagar
Key milestones for Sky Everton.
A landmark development that brings together an unbeatable location and trusted developer pedigree.
Outram Park station is about 445m away and is an interchange between the East-West Line, the North-East Line and the Thomson-East Coast Line - three lines at one station, which is among the best rail positions in Singapore. Cantonment Primary School is 198m away on the other side.
Sky Everton is freehold, which is rare in District 2 where most of the surrounding stock is 99-year leasehold. For a buyer with a long holding horizon, avoiding lease decay in a district that has been steadily re-rating is the substance of the case.
The tower looks over Spottiswoode Park to the north and across conserved heritage shophouses to the south. Both outlooks are protected by planning and conservation rather than by an accident of current development, which is a meaningful difference for a 36-storey tower where a view is a large part of the value.
The Outram medical campus centred on Singapore General Hospital - roughly 43 hectares of hospitals, specialist centres and academic medicine - sits immediately to the north-west. Together with the Greater Southern Waterfront directly to the south, these are the two largest structural projects in the area and both are within walking distance.
The development is a single 36-storey tower of 262 units with a four-storey car park and basement, designed by ADDP Architects. A single tower means every unit shares the same core and lift provision, and it keeps the footprint small enough to leave room for a full facility deck at ground level.
The ground-level facility deck - The Garden Oasis - includes an arrival plaza and lounge, an atrium, a tree courtyard, an arrival water court, a pool deck, a banquet lawn and a 50m by 7m lap pool, with a tennis court and a further suite of facilities. A tennis court is something most central developments of this size have dropped.
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D02 - Chinatown / Tanjong Pagar
Sky Everton is a freehold development of 262 units at 50 Everton Road, District 2, developed by Sustained Land together with Ho Lee Group, Kwong Lee Land and Penjuru Capital, and designed by ADDP Architects. It is a single tower of 36 storeys with a four-storey car park and a basement, and it obtained its Temporary Occupation Permit in September 2024. URA records all 262 units as taken up.
The site is one of the better-positioned in District 2. To the north the tower looks over Spottiswoode Park; to the south, across conserved heritage shophouses. Both outlooks are protected - one by parkland, the other by conservation - which matters considerably in a district where most recent development is high-rise and where unblocked views are usually temporary. The location sits between two of the largest structural projects in Singapore: the Outram medical campus, roughly 43 hectares of hospitals and academic medicine centred on Singapore General Hospital, immediately to the north-west, and the Greater Southern Waterfront directly to the south.
The ground-level facility deck is called The Garden Oasis and includes an arrival plaza and arrival lounge, an atrium, a tree courtyard, an arrival water court, a pool deck, a banquet lawn and a 50m by 7m lap pool, along with a tennis court and a further suite of communal facilities. For a 262-unit single-tower development, a tennis court and a 50-metre lap pool represent a fuller programme than most comparable central projects now offer.
Connectivity is the strongest argument. Outram Park station is about 445m away and is an interchange across three lines - the East-West Line, the North-East Line and the Thomson-East Coast Line - which makes both the city and the eastern and north-eastern corridors directly reachable without a change of train. Maxwell station is about 812m, Tanjong Pagar about 871m and Chinatown about 1.2km. The completion of Circle Line Stage 6 adds Cantonment station to the loop, putting the Tanjong Pagar and Marina Bay districts within walking distance. On schooling, Cantonment Primary School is about 198m away. Tanjong Pagar Plaza is about 549m, Amara Shopping Centre about 609m, 100 AM about 610m and Pearls Centre about 693m, with a FairPrice at 541m, a Don Don Donki at 610m and a FairPrice Finest at 610m.
Sustained Land Pte Ltd is a Singapore-based property development company involved in residential projects. The group focuses on developing quality homes across Singapore.
A closer look at the factors that make this development a compelling opportunity.
The rail position is genuinely exceptional. Outram Park station is about 445m away and is an interchange across three lines - the East-West Line, the North-East Line and the Thomson-East Coast Line - which puts the Central Business District, Marina Bay, Chinatown, the north-east corridor and the east coast all within direct reach. Very few addresses in Singapore have a three-line interchange within a five-minute walk. Maxwell station at about 812m and Tanjong Pagar at about 871m add the Thomson-East Coast Line and the East-West Line respectively, and the completion of Circle Line Stage 6 brings Cantonment station into the loop, putting the Tanjong Pagar and Marina Bay districts within walking distance. Beyond rail, the location sits between two of the largest structural projects in the country: the Outram medical campus, roughly 43 hectares centred on Singapore General Hospital and the academic medical cluster, immediately to the north-west, and the Greater Southern Waterfront to the south. Road access via Cantonment Road, the Central Expressway and the Ayer Rajah Expressway is straightforward. The surrounding district is a mix of conserved shophouses, newer offices and residential towers, which gives it an established, mixed character rather than a purely new-build one.
Everyday provision is solid and improving. Tanjong Pagar Plaza is about 549m away, with its market, food centre and shops, and Amara Shopping Centre at about 609m, 100 AM at about 610m and Pearls Centre at about 693m. A FairPrice is about 541m, a Don Don Donki about 610m and a FairPrice Finest about 610m, with a Cold Storage about 701m. The Tanjong Pagar and Chinatown food and market culture is among the best in Singapore and within walking distance, and the Duxton and Everton Park areas add further eating options. On schooling, Cantonment Primary School is about 198m away, one of the closest primary-school placements in central Singapore, though there is no secondary school inside the kilometre. Within the development, The Garden Oasis at ground level provides an arrival plaza and lounge, atrium, tree courtyard, arrival water court, pool deck, banquet lawn and a 50m by 7m lap pool, plus a tennis court and a further suite of facilities - a fuller programme than most 262-unit central developments supply.
This is one of the strongest rental positions in Singapore, for reasons that are structural rather than cyclical. The three-line interchange at Outram Park within 445m covers the Central Business District, Marina Bay, Chinatown, the north-east and the east coast, so almost any tenant's workplace is reachable directly. The Outram medical campus immediately to the north-west supplies a large and steady professional tenant base - doctors, nurses, researchers and administrators, together with patients' families on medium-term stays - which is exactly the tenancy profile that central District 2 tends to attract. The Tanjong Pagar and Marina Bay office clusters are within walking distance or a stop away, and freehold tenure plus a 262-unit count means an owner competes against relatively few comparable units in the same building. The caveats are entry price and supply: District 2 pricing means gross yields are modest in absolute terms, and the district has seen substantial new residential supply around Tanjong Pagar, Anson Road and the Marina Bay fringe. Buyers should underwrite capital preservation, tenancy quality and the freehold scarcity premium rather than headline yield.
The transformation of this part of District 2 is underway on a scale that few other areas of Singapore can match, and Sky Everton sits between two of its largest components. The first is the Outram medical campus - roughly 43 hectares centred on Singapore General Hospital, with the new Emergency Medicine Building, the Elective Care Centre and the academic medicine and research facilities being progressively built out. That cluster is expected to support thousands of additional healthcare and research jobs and will reinforce the district's professional tenancy base. The second is the Greater Southern Waterfront, the plan to redevelop the former port and industrial land along the southern coastline from Pasir Panjang and Tanjong Pagar through Keppel and Marina Bay into a continuous waterfront district with housing, offices and public space - a multi-decade project that will change the character of the area immediately south of Everton Road. Closer to the development, the completion of Circle Line Stage 6 closes the Circle Line loop and adds Cantonment station within walking distance, and the continued redevelopment of older commercial buildings along Anson Road, Tanjong Pagar Road and Cantonment Road is steadily replacing low-rise and light industrial stock with offices and residential towers. For an owner at Sky Everton, the reasonable expectation is that this stretch of District 2 becomes denser, more valuable and better connected over the coming decade, while the conservation of the Everton Road and Spottiswoode shophouses protects the immediate streetscape.
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Everything you need to know about Sky Everton.
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| Tenure | Freehold | Freehold | Freehold | Freehold | Freehold | Freehold | 99 YEARS | 99 Years | 99 years lease commencing from 04/11/2024 | 99 Years | Freehold | Freehold |
| TOP | Dec 2017 | TOP Obtained | Sep 2022 | Jul 2017(TOP+CSC Obtained) | Dec 2028 | Jan 2024 | 2013(TOP+CSC Obtained) | Mar 2014(TOP+CSC Obtained) | Apr 2031 | Q2 2029 | 20 November 2025 | 23 Nov 2022 |
| 1 BR | 1 Bedroom $2,288,000 - $2,805,000 592 - 861 sqft $3,258 - $3,865 psf 1 Bedroom (Double Volume) $2,563,000 - $2,649,000 872 - 904 sqft $2,930 - $2,939 psf 1 Bedroom + 1 $2,750,000 - $3,341,000 710 - 990 sqft $3,375 - $3,873 psf | 1 Bedroom $1,718,000 527 - 700 sqft $3,260 psf | 1BR+STUDY $1,658,000 - $1,930,000 549 - 635 sqft $3,020 - $3,039 psf | 1 BEDROOM DELUXE $1,227,000 463 sqft $2,650 psf 1 BEDROOM EXECUTIVE $1,010,000 - $1,133,000 409 sqft $2,469 - $2,770 psf 1 BEDROOM GARDEN $1,245,000 506 sqft $2,460 psf | 1 BR $2,496,720 - $3,106,000 775 - 893 sqft $2,940 - $3,562 psf 1 BR + STUDY $3,053,000 - $3,633,000 1,087 - 1,173 sqft $2,753 - $3,184 psf | 1 Bedroom $1,763,500 581 - 614 sqft $3,035 psf 1 Bedrooms $1,431,500 - $1,857,380 495 - 785 sqft $2,096 - $3,200 psf | ||||||
| 2 BR | 2 Bedrooms (Attic) $6,484,000 1,981 sqft $3,273 psf 2 Bedrooms (Loft) $5,330,000 - $5,909,000 1,604 - 1,765 sqft $3,133 - $3,684 psf 2 Bedrooms (Loft) + Study $5,303,000 - $5,957,000 1,808 - 1,841 sqft $2,915 - $3,295 psf | 2BR $2,115,000 - $2,268,000 689 - 732 sqft $3,050 - $3,292 psf 2BR+STUDY $2,486,000 - $2,644,000 807 sqft $3,081 - $3,276 psf | 2 Bedroom $3,838,000 1,066 sqft $3,600 psf | 2 BEDROOM DELUXE $1,644,000 - $1,822,000 667 - 678 sqft $2,425 - $2,687 psf 2 BEDROOM EXECUTIVE $1,334,000 - $1,499,000 549 sqft $2,430 - $2,730 psf 2 BEDROOM LOFT $2,350,000 - $3,265,000 936 - 1,335 sqft $2,446 - $2,511 psf 2 BEDROOM PREMIUM $1,726,000 - $2,225,000 667 - 850 sqft $2,588 - $2,618 psf | 2 Bedroom + Study $4,811,100 - $5,522,760 1,313 sqft $3,664 - $4,206 psf | 2 BR + STUDY $4,838,000 1,335 - 1,442 sqft $3,355 psf 3 BR $4,340,250 - $4,649,400 1,313 - 1,991 sqft $2,602 - $2,787 psf | 2 Bedroom $1,788,000 - $1,902,000 614 sqft $2,912 - $3,098 psf | 2 Bedroom $1,770,000 - $2,096,000 635 - 710 sqft $2,730 - $3,091 psf | 2 Bedroom Apartment $10,000,000 3,197 sqft $3,128 psf | $2,260,000 807 sqft $2,800 psf | ||
| 3 BR | 3 Bedrooms (Loft) $8,338,000 - $8,777,000 2,422 sqft $3,443 - $3,624 psf | 3BR+STUDY $4,363,000 - $4,415,000 1,389 sqft $3,141 - $3,179 psf | 3 Bedroom (Loft) $10,045,287 2,583 sqft $3,889 psf | 3 Bedroom $7,061,000 - $7,500,000 1,776 sqft $3,976 - $4,223 psf | $4,383,000 1,905 sqft $2,301 psf 3 + Study Penthouse $7,195,000 - $7,553,000 3,391 sqft $2,122 - $2,227 psf 3 bedroom Penthouse $6,167,000 - $6,229,000 2,939 sqft $2,098 - $2,119 psf 3BR $3,523,000 - $4,257,000 1,679 - 2,971 sqft $1,910 - $2,235 psf 3BR+STUDY $7,195,000 - $7,253,000 3,391 sqft $2,122 - $2,139 psf | 3 Bedroom $2,639,900 - $3,154,500 1,001 sqft $2,637 - $3,151 psf | 3 Bedrooms $3,416,000 - $3,500,200 1,410 - 1,432 sqft $2,423 - $2,446 psf | |||||
| 4 BR | 4 BR $6,887,700 - $7,379,100 2,648 sqft $2,601 - $2,787 psf 4 BR + STUDY $6,959,000 - $7,873,000 2,099 - 2,282 sqft $3,249 - $3,499 psf SKY SUITE $13,348,000 3,272 - 4,446 sqft $4,079 psf | $4,101,930 - $5,471,705 1,442 - 1,798 sqft $2,845 - $3,043 psf 4 Bedroom $4,080,510 - $4,534,835 1,442 sqft $2,830 - $3,145 psf 4 Bedroom Premium $5,186,105 - $5,723,390 1,798 sqft $2,884 - $3,183 psf | ||||||||||
| 5 BR | 5 Bedroom $9,726,890 - $12,498,122 2,863 - 3,251 sqft $3,397 - $3,844 psf | $58,575,000 10,452 sqft $5,604 psf |