A super penthouse at Singapore’s Marina Bay Residences is selling for $80.24 million.
Spanning the top three floors of Marina Bay Residences, a 54-story condo overlooking Singapore’s Marina Bay, the Super Penthouse will combine three penthouse units and a duplex unit, listed agent Edwin Yip said. tree star properties told the insider.
Super Penthouse in Singapore 10,000 square feet. This 23,263 square foot apartment blows that metric out of the water.
Initially, Yip to combine 5 apartments A single-family home worth $137 million. Yip sold one out of five units after trying to market the house for a year. S$19.34 million ($13.94 million) in September, Environment records of the building.
The remaining four homes are still on the market, and Yip dreams of combining them and selling them as the largest penthouse in Singapore.
“It’s almost impossible to find a house of this size in Singapore, which is almost 2.5 times the size of a super penthouse,” he said. “A house of this size wouldn’t be a single apartment, but our idea comes from the fact that we can control four units that can connect to 23,000 square feet of space.”
Marina Bay Residences are luxury condos located near the city’s Central Business District (CBD).
The building was completed in 2010 with 428 units per real estate platform. edge prop. it overlooks Marina Bay AreaIt is home to famous Singapore landmarks such as Marina Bay Sands and the Merlion statue.
Like many other houses in Singapore 99 year rental property: After 99 years, ownership of the property returns to the state, the original owner of the land.
Units available in the building start at S$145 million per real estate platform. PropertyGuru.
But there are pitfalls. Units are only combined after purchase, and the buyer has to bear the cost of the retrofit, Yip said.
Yip said the price tag is set at S$111,111,111 because “1” is the owner’s favorite number. The price does not include renovation fees.
The photo in this article is a design proposed by Studio IF, a design firm responsible for penthouse interiors. Lead designer Gwen Tan said the renovation would only take place after consulting with the new owners. channel news asia in April.
Tan did not immediately respond to Insider’s request for comment.
Each floor of the three-story super penthouse will be dedicated to a specific use, such as sleep, work and entertainment, and well-being, Yip said.
The bedroom is on the 52nd floor according to Studio IF’s design. The 53rd floor is a space for work and entertainment, with a living room, dining area, home office, and conference room. On the highest floor there is a swimming pool, sauna and gym.
The mezzanine floor of the Super Penthouse houses a boardroom and home office according to the design plan.
“Many of our customers say they need space for their home office and hospitality,” Yip said.
The interior design firm has decided to incorporate a full-fledged office into the house, along with a cigar room and bar where residents can entertain guests, Yip added.
The top floor will be dedicated to wellness and will include a sauna, massage room and gym, Yip said.
“It’s a 5,000 square foot wellness space for residents. Everything is there. You don’t even have to leave the house to relax,” Yip said.
Of course, with all these plans there is one important emergency. That someone has to buy the property first.
The goal is to sell all four homes as one super penthouse, but Yip said they can be sold individually or in different combinations if the price is right. He will not sell the unit if it interferes with the other 3 connections.
Yip is marketing residences at super high prices.
Yip said many UHNWIs want to combine home, work and play in their residences, and this has inspired the proposed housing arrangement.
“In the current COVID-19 world, Singapore has proven to be probably one of the safest and best destinations in the world,” Yip said. “In this kind of climate where everything is losing value, whether it be cryptocurrencies or stocks, assets are still going strong, so it makes sense for these individuals to want to buy real estate here.”