While it has taken a beating from the government’s property cooling measures in recent years, luxury home prices in Singapore are now showing signs of recovery. Sales of luxury condominiums in the prime districts have been picking up in the past year, a continuation of a trend that began towards the second half of 2016.
In this article, we will look at six of the most expensive homes to sold in our little red dot, based on transactions between 2013 to 2017. Spoiler: Eduardo Saverin reportedly owns one of them.
1) An unnamed unit at Sculptura Ardmore, >$60 million (2017)
Where: D10 – Ardmore Park
Sold for: Over $60 million ($5,825 psf) in August 2017
The recent purchase of a super penthouse at SC Global Development’s ultra- luxurious Sculptura Ardmore for over $60 million has set a record price for the most expensive home to have ever been sold in Singapore. The 34-unit Sculptura Ardmore stands out for its cantilevered swimming pools.
Word on the street is that the buyer of the 10,300 sq ft super penthouse unit at the development is Facebook co-founder and one Singapore’s richest men, Eduardo Saverin. He married Singapore-based Indonesian Chinese Elaine Andriejanssen in 2015.
Sculptura Ardmore employs an architectural language that delicately balances the need for generous well designed internal living spaces with the aesthetic need for beauty.
The 36-storey development in the exclusive residential enclave of Ardmore Park comprises luxury four-bedroom units ranging between 2,800 sq ft and 4,000 sq ft, and four units with private lap pools ranging between 4,200 sq ft and 10,300 sq ft.
Facilities include concierge service, 30m lap pool with jacuzzi & children’s pool, two sky terraces replete with private clubhouse, indoor and outdoor entertainment areas, gymnasium and sky gardens.
2) A 32nd floor penthouse unit at Le Nouvel Ardmore, $51 million (2015)
Where: D10 – Ardmore Park
Sold for: $51 million ($3757 psf) in April 2015
Le Nouvel Ardmore is Wing Tai’s trophy development in collaboration with globally renowned architect, Jean Nouvel. The exclusive 33-storey single-tower freehold condominium development sits on Ardmore Road, and is Nouvel’s first residential landmark in Singapore and in Asia.
Inspired by the Rubik’s cube, Nouvel presents an opportunity to provoke confrontations of orientations, textures, lights and unlikely techniques, such that the Le Nouvel Ardmore maximizes the views and quality of its modular internal spaces.
The development comprises just 43 units, with each exceeding 3,800 sq ft. In April 2015, a 13,573 sq ft penthouse unit comprising the top two levels of the development was reportedly sold to Mr Sun Tongyu, one of the founders of the Alibaba Group, for $51 million ($3757 psf). Sun was also formerly the president of Alibaba’s consumer-focused e-commerce platform, Taobao, but now invests in start-ups.
More Info: sg.finance.yahoo.com
Categories: Current Affairs