Skywaters Residences Developer

Skywaters Residences is developed by Shenton Residential Property Pte. Ltd., and The Skywaters is developed by a consortium led by Perennial Holdings Private Limited, as the developer’s project site states.

Perennial Holdings and Skywaters Residences

Perennial Holdings is a Singapore real estate group with a portfolio of integrated developments, offices, malls, hotels and homes. In Singapore its projects include Capitol Singapore with Eden Residences Capitol, CHIJMES, Chinatown Point and Perennial Business City; in China it develops large integrated projects at high-speed rail hubs such as Chengdu, Kunming and Xi’an. Its executive chairman and chief executive is Pua Seck Guan.

DeveloperShenton Residential Property Pte. Ltd.

Consortium leadPerennial Holdings Private Limited

Consortium members reportedAlibaba Group; Chip Eng Seng; SingHaiyi Group (EdgeProp, April 2022)

Design architectSkidmore, Owings & Merrill (SOM)

Project architectDCA Architects

Aman Residences interiorsKerry Hill Architects (developer)

SOM design partnerMustafa Abadan (SOM release, 2022)

Green ratingBCA Green Mark Platinum, awarded 2022 (Perennial)

Sources: the developer’s project site; Perennial Holdings (website and annual report 2025); URA, 14 November 2024; EdgeProp, 8 April 2022 and 31 May 2024.

Skywaters Residences Design Team

Skidmore, Owings & Merrill, the American practice whose towers include the Burj Khalifa, designed The Skywaters with DCA Architects of Singapore. In the URA’s account, the design takes its cue from a bamboo forest, with curved edges and bay windows on nearly every floor, and it aims to cut embodied and operational carbon, in part by reusing the old tower’s basement and foundations.

Kerry Hill Architects, the practice long associated with Aman resorts, is named by the developer for the interiors of the Aman Residences. Perennial reports a BCA Green Mark Platinum award for the development and about 10,000 square metres of greenery through the building.

Skywaters Residences, artist’s impression: the office arrival hall of The Skywaters, with a timber ceiling, planting and a car at the entrance — The office arrival hall of The Skywaters. Artist’s impression.

How Skywaters Residences Replaced the AXA Tower

The site carried the AXA Tower, a 50-storey office building. Alibaba Group bought a half share in 2020, and in 2022 Singapore groups including Chip Eng Seng and SingHaiyi took stakes in the Perennial-led side of the consortium, according to EdgeProp. The redevelopment, one of the first under the URA’s CBD Incentive Scheme, came with a new 99-year lease that runs to 30 October 2122. The tower is targeted for completion in 2028.

The project details page lists every confirmed particular of Skywaters Residences, and the latest updates record each step since.

Now selling

Request the Skywaters Residences Price List

Skywaters Residences is open for sale, and the Sales Concierge sends the current price list with the homes still available in the tower. Showflat viewings are arranged by appointment through the Sales Concierge.