Five penthouses are being sold collectively for $138m.
If you’re looking for the best residential space in Singapore, a new prime listing has just opened up.
Luxury real estate agency Tristar Properties Pte. Ltd. is offering an exclusive opportunity to own a super-scaled penthouse; but there’s one catch: You have to be crazy rich.
The five penthouses located in the 50th to 55th floors of Marina Bay Residences are being sold collectively by Tristar for $138m. The buyer may opt to remove the non-structural walls and connect these penthouses into one massive residential space.
When combined, it has a total area of 28,258 sq. ft. across five floors.
Tristar associate director Edwin Yip said this offer was created in response to the demand from ultra-high net worth (UHNW) overseas buyers in the recent months.
Acquiring residential properties such as landed housing in Singapore is limited to Singapore citizens. This drives the demand for private condominiums, such as Marina Bay Residences, among foreigners in their goal to acquire a Singaporean address.
Yip said that four of these penthouses were formerly used as a family office, whilst one was owned by a private investor.
The largest of the penthouses is a triplex penthouse which features a double-volume ceiling and has full-height glass windows. Standing alone, it has a total of 11,012 sq ft.
The duplex penthouse is located at the 52nd and 53rd floors, whilst the simplex penthouses are located in the 50th, 51st, and 52nd floors.
Tristar told the media that it sought advice from Meinhardt Group, known for being the consultant for the five high-rise towers at Marina Bay Financial Centre, in conceptualizing the space.
On the other hand, LivSpace helped create the visual interiors of this 24-bedroom penthouse.
This is not the first time that this has been done. In the 38th and 39th floors of the building, four-bedroom units have been connected via internal staircases.
Marina Bay Residences has a 99-year leasehold, and all its penthouses are serviced by two private lifts.
Among the highlights of this listing is the 270-degree view of Marina Bay Sands, Gardens By the Bay, and the Central Business District (CBD), which can be enjoyed from the prime location of this super-sized penthouse.
Photo courtesy of Tristar Properties Pte. Ltd.