Property News · June 24, 2019

Singapore’s luxury penthouse deals fuelled by Chinese buyers


An 11,098 square foot, triplex penthouse at Boulevard Vue sold recently for S$52 million (US$4,686 per square foot) to a buyer believed to be a Chinese national. This latest transaction means the 28-unit ultra-luxury condo by Far East Organization is fully sold to date.There has been a rash of big-ticket purchases of luxury penthouses in the prime districts, driven predominantly by Chinese buyers.At Boulevard 88, a penthouse of 6,049 sq ft, which is also the biggest in the ultra-luxury condo,…

Source : South China Morning Post
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