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24-12-21, 09:50
A year of outsized deals, where super penthouses commanded the highest prices

EdgeProp Singapore

December 23, 2021

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SINGAPORE (EDGEPROP) - This year, it was the biggest penthouses that fetched the highest premium. Based on caveats lodged from the start of the year to end November, 18 penthouses were sold in the Core Central Region (CCR), raking in a total of $434.18 million. This is almost double the $220.03 million recorded for the top 10 penthouse deals transacted for the whole of 2020.

The average price for the top 10 penthouses for the first 11 months this year was $4,875 psf, up 55% y-o-y compared to the $3,141 psf achieved in 2020.

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Read more at: https://www.edgeprop.sg/property-news/year-outsized-deals-where-super-penthouses-commanded-highest-prices