Aman announced its Singapore residences project this week, confirming 2026 delivery for Sky Villas inside The Skywaters development, a twin-tower structure in the central business district. The units sit above the 220-meter mark. Each residence includes a private pool, floor-to-ceiling glazing, and direct lift access. Four-bedroom configurations start at 380 square meters. Aman operates the ground-floor arrival sequence, the spa, and the members' club. The developer is Pontiac Land, which previously delivered Capella Singapore on Sentosa.
This marks Aman's third residential play in Asia-Pacific, following Tokyo in 2014 and Niseko in 2023. The Singapore project layers onto the brand's accelerating residences pipeline: New York added four units to its Crown Building inventory in March 2025, pushing total Manhattan Homes to 22. Nha Trang, Vietnam, broke ground in January with 24 villas. Miami Beach goes vertical in 2026 with 50 residences. The cadence has tightened. Between 1988 and 2020, Aman opened 34 properties. Since 2021, the brand has announced or delivered 12 new projects, six of them residences-led.
The Singapore move matters because it confirms what allocators have been modeling since the Tokyo sale-through: Aman residences perform as uncorrelated luxury assets in primary cities where ultra-high-net-worth populations are clustering, not dispersing. Tokyo's residences sold out in 14 months despite an average price per square meter above $18,000. Niseko's 15 units cleared in nine months, even as Hokkaido's broader second-home market softened. The New York expansion followed a secondary-market observation: Crown Building residences were trading 22% above purchase price within 18 months of close, outpacing comparable Central Park South inventory by 9 percentage points. Singapore's timing exploits a gap. The city has 91 branded-residence projects in pipeline or delivered as of Q1 2025, per CBRE, but only three operate above the 200-meter threshold with dedicated pools per unit. Wallich Residence and Marq on Paterson sit lower. The third, a Ritz-Carlton property on Beach Road, delivered in 2023 but used smaller floor plates and shared amenity decks.
Operators and allocators should watch three follow-on signals. First, pricing guidance will emerge by Q3 2025, and the spread between Aman's entry and Wallich's current resale average—roughly $6,400 per square meter—will indicate whether the brand believes it has pricing power independent of location fundamentals. Second, whether Aman Singapore includes a sellable club membership structure separate from residency, as Tokyo and Niseko did not, but as New York tacitly enabled. That decision has downstream effects on how family offices model liquidity and estate planning around these assets. Third, whether Vietnam's Nha Trang project, which was announced with less fanfare but faster timelines, actually delivers before Singapore. If it does, Aman will have tested a Southeast Asia beachfront model ahead of a Singapore vertical one, de-risking the latter's operational complexity.
Pontiac Land's involvement is not incidental. The group delivered Capella Singapore, which Aman's parent, DLF, does not own but which shares design language and guest overlap. The Skywaters' twin-tower structure allows Aman to control one building and leave the second to a yet-unnamed operator, a hedging structure that limits brand dilution if the broader market softens but preserves upside if demand exceeds 100 units. Construction milestones are set for Q4 2025, with interiors beginning in Q2 2026.
The takeaway
Aman Singapore confirms the brand's residences model now scales vertically in primary cities, with **2026** delivery and pricing guidance due by Q3 **2025**.
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