Luxury penthouse apartment at Bishopsgate Residences up for sale at S$25m indicative price

Sep 21, 2021

A LUXURY penthouse apartment at Bishopsgate Residences condominium has been put up for sale via private treaty with an indicative price of about S$25 million, said marketing agent OrangeTee Advisory.

Occupying a floor area of 5,974 square feet, the penthouse unit consists of four bedrooms with a family area, two kitchens, a balcony, a swimming pool and a roof terrace. At the indicative price, it translates to about S$4,185 per square foot.

According to OrangeTee Advisory, the owners are ultra high net worth individuals based overseas who bought the unit some five years back. They are looking to sell the apartment as they rarely visit Singapore.

The penthouse is currently being leased under a contract which will end in the first quarter of 2023, added OrangeTee.

Completed in 2012 by Japanese developer Kajima, Bishopsgate Residences holds 31 luxury apartments.

The development is located at District 10, adjacent to several Good Class Bungalows (GCBs). It is also a short drive away from several embassies, such as that of Indonesia, Malaysia, Brunei, China and the United Kingdom.

International schools such as EtonHouse International School Orchard, Invictus International School and Furen International School are also just a stone's throw away, noted OrangeTee.

Chew Wen Hui, senior manager of OrangeTee Advisory, said, "This penthouse is a unique product in this prestigious, low-density estate, and we believe that it will appeal to ultra high net worth individuals, particularly foreigners looking for a home or to invest in a stable income-producing asset."