At the quantum price of S$75 million, this has beaten the S$73.8 million reportedly paid by James Dyson for the super penthouse at Wallich Residence in 2019. (James Dyson later sold it in 2020 at an S$11.8 million loss to Leo KoGuan, the third-largest individual shareholder of Tesla.)
Spanning around 12,077 sq ft, this translates to S$6,210 psf. A quick search on our portal found the unit had been listed as a five-bedder with an asking price of S$80 million. In terms of price psf, it’s beaten the S$5,930 psf set by a S$39 million unit sold in the same luxury condo in early May.
On the other hand, the current record for the highest price psf may still be held by a 3,089 unit from The Marq on Paterson Hill, sold back in 2011. According to caveats lodged, the unit was sold for around S$20.5 million, or S$6,650 psf.
Considering the recent record deal, this makes Cairnhill 16 Pricing a steal. Cairnhill 16 Condo is located in the prestigious Cairnhill estate under the Central URA Masterplan and only 5 minutes to Newton MRT station (DT11/NS21) with wide array of amenities surrounding the development.
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