Under Construction

Skywaters Residences

Singapore · Mixed-Use

Skywaters Residences crowns The Skywaters at 8 Shenton Way, a Skidmore, Owings & Merrill–designed, 305-metre supertall in Singapore's Downtown Core developed by Perennial Holdings with Alibaba on the site of the former AXA Tower.

Official Website
Last verified Jul 13, 2026
2.4 yrs to delivery
51%
AnnouncedBreaking GroundConstructionOpening SoonNow Open
2023
Start
2028
Completion
215
Units
63
Floors
Scroll for details
The story so far
Announced Jul 2022Redevelopment of former AXA Tower announced July 2022; tower construction began 2023 (corrects start 2025) with record penthouse sale in 2024.
en.wikipedia.org
Financing secured Nov 2022S$3B green loan (one of Asia's largest) from an 8-bank syndicate; OCBC Bank facility & security agent, incl. DBS, UOB, Maybank, Bangkok Bank
worldconstructionnetwork.com
Broke ground 2023
Under construction
Expected opening 2028
Milestones are dated to when they actually happened and linked to their source. This record fills in over time as TMW tracks the project.
About the project

Skywaters Residences crowns The Skywaters at 8 Shenton Way, a Skidmore, Owings & Merrill–designed, 305-metre supertall in Singapore's Downtown Core developed by Perennial Holdings with Alibaba on the site of the former AXA Tower. On track to become Singapore's tallest building and first supertall, the 63-storey tower stacks Grade-A offices, retail and ultra-luxury residences with Aman — bringing an Aman Singapore hotel, Aman-branded residences and an invitation-only Aman Club to the city, with interiors by Kerry Hill Architects. Residents take in sweeping views across Marina Bay and the CBD alongside a wellness-led amenity suite of spa floors, infinity-edge pools and signature dining.

Developer & design
The Singapore market 18 · Balanced supplyDowntown Core 5-project pipeline · 958 residences and keys · peak Late ’28 Explore the market →
Common questions

Frequently asked

Where is Skywaters Residences located?

Skywaters Residences is located in Singapore.

When will Skywaters Residences be completed?

Skywaters Residences is under construction, with completion expected in 2028.

Who is developing Skywaters Residences?

Perennial Holdings, Alibaba is the developer behind Skywaters Residences.

Who designed Skywaters Residences?

Skywaters Residences was designed by Skidmore, Owings & Merrill.

How big is Skywaters Residences?

Skywaters Residences rises 63 stories with 215 residences.