An interchange station, Bishan is within 20 minutes’ commuting time from major commercial nodes — City Hall and Raffles Place via the North-South Line as well as Paya Lebar and Buona Vista growth corridors via the Circle Line. Projects near public transport systems can cast their net wider in the rental market to include expats who do not drive.
Attesting to their unparalleled location, tenders for the sites of Sky Habitat and Sky Vue drew 19 and 9 bids respectively. Meanwhile, the projects are near reputable schools including Catholic High School and Raffles Institution.
Located next to each other, Sky Vue and Sky Habitat appear to be two competing projects, but they were customised for different profiles of buyers.
Sky Vue and Sky Habitat are just a three-minute walk from Bishan MRT station and Junction 8 mall
Sky Vue — Affordable living in a premium location
Last November, CapitaLand launched the balance 182 units in Sky Vue, with discounts of up to $150,000. The launch was met with keen interest and buyers have since snapped up at least 120 units, including three penthouses. This elevated the project’s take-up rate to 90% and sales have since continued to gather momentum.
CapitaLand attributed the strong sales to a confluence of factors — a premium location, affordable price quantum and nearing TOP date, estimated at year-end.
Prices for the smaller two-bedroom units, for example, averaged $1.1 million, based on URA caveats since November. Separately, one-bedroom units cost $850,000 on average. It comes as no surprise that Sky Vue appeals to young buyers in their 30s or early 40s.
In addition, the balance units at Sky Vue are located on the 28th floor and above, collectively branded as “The Sky Collection”, where residents enjoy the panoramic view of the surroundings including Bishan Park.
Sky Vue comprises 694 units housed in two sleek 37-storey towers. Its extensive range of facilities include a 50m lap pool and four Sky Lounges on the 37th floor for residents’ enjoyment and for entertaining guests.
The affordable price quantum at Sky Vue appeals to young buyers
Sky Vue comprises 694 units housed in two sleek 37-storey towers
Sky Habitat — Landed living in the sky
While Sky Vue attracts younger buyers because of its lower entry price, Sky Habitat appeals to buyers who appreciate its bespoke architecture and spacious living.
From afar, the bold and eye-catching architecture of Sky Habitat by famed architect Moshe Safdie breaks the monotony of the skyline around it. Safdie’s design is characterised by a dramatic stepping form, creating a three-dimensional matrix of homes, private terraces and public gardens.
The design also provides for lush vertical greenery, optimal orientation relative to the sun, naturally ventilated units and generous views. The development is open, allowing air to breeze through and lights to penetrate. Residents can enjoy panoramic views from any of the three sky bridges on the 14th, 26th and 38th floors.
The bold and eye-catching architecture of Sky Habitat by Moshe Safdie breaks the monotony of the skyline
Most of the balance units at Sky Habitat come with outdoor terraces where residents can host dinner parties, spend family time and tend to a garden; it is also a space for pets to roam. As a thoughtful detail, CapitaLand erected covered trellis for all the terraces to shield users from the elements.
Residents get an unsurpassed experience of landed living in the sky with generous space. The balance two-bedroom units, for example, start from 1,066 sq ft; the three- and four-bedroom units start from 1,399 sq ft and 1,550 sq ft respectively. There are also penthouses measuring 2,551 to 3,671 sq ft.
As part of his community-centric design, Safdie incorporated three sky bridges linking the two towers at Sky Habitat. The bridges on the 14th and 26th floors were designed as sky gardens with a range of facilities such as a gymnasium, an outdoor exercise area, a karaoke room, a movie screening room and reading/games lounge. The highest bridge — on the 38th floor — features a Sky Pool with a panoramic view of the city and park.
With prices starting from $1,380 psf, Sky Habitat offers a value proposition for a city-fringe project. Completed in 2015, the 509- unit project has also attracted 153 rental contracts, according to the latest URA rental statistics. Monthly rents for the larger two-bedroom units averaged $3,600 whereas those for three-bedroom units ranged from $3,900 to $6,500 depending on the size.
Whether you desire luxury living or simply a space to call your own, Sky Habitat and Sky Vue offer a home in an unparalleled address.
Most of the balance units at Sky Habitat come with outdoor terraces, where residents can host dinner parties or spend family time
For more information, call 6713 3928, or visit skyhabitat.com.sg and skyvue.com.sg