All condo units are not equal. Penthouse units are considered the most expensive, exclusive and luxurious units in any condo development.
A penthouse is a unit located on the highest floor of a block. Nowadays, many penthouse units are built over more than one storey and tend to be much larger than the other units in the development.
Other than condos, penthouse units can also be found in various different building types. Examples include HDB flats in the form of penthouse maisonettes and HDB lofts, office buildings and shopping malls.
A penthouse unit costs a pretty penny indeed, and their sales sometimes make the news. In late October 2021, someone dropped $75 million on a Les Maisons Nassim penthouse; the following month, the sole penthouse atop CanningHill Piers sold for $48 million.
Because of their high costs, only those with a sizeable income can afford to buy penthouse units, especially the luxurious ones. But despite this, luxury home sales in the pricey central region reached a 10-year high in Q2 last year, with luxury apartment sales doubling year-on-year in 2021. Yes, even the pandemic can’t stop the frenzied demand for high-end properties.
Even the Singapore government has noticed this, which likely influenced the upward revisions on personal income tax on those with a chargeable income of $500,000 and above. Other steps to tax the wealthy include higher property tax rates for residential properties.
Whether you’re in the market for a luxury penthouse condo or you’re just here to browse, check out these luxury penthouse condo units in Singapore.
Luxury Penthouse Condo Units in Singapore
Luxury penthouses are like bungalows in the sky, offering breathtaking views from the comfort of a cavernous home.
Whether you’re shopping for a luxury penthouse of your own or just want to marvel at these opulent homes, we’ve compiled a list of six such properties priced at $10 million and over.
Luxury Penthouse Units in Singapore
Reflections at Keppel Bay
Les Maisons Nassim
Skyline @ Orchard Boulevard
The Tate Residences
All penthouses listed were available at the time of writing. If the listing is no longer available, it is likely that the ad may have been taken down and the property sold.
1. Reflections at Keppel Bay Penthouse: $68,000,000
This 13,293 sq ft, fully furnished super penthouse at 99-year leasehold condo Reflections at Keppel Bay is housed in a striking building designed by world-famous architect Daniel Libeskind. It has seven bedrooms and enjoys stunning views of the marina from certain rooms.
Comprising six glass towers, it boasts six bedrooms across three levels, with a stunning unblocked sea view, a well-designed interior and even a complimentary three-year Marina at Keppel Bay membership (the club is just next door).
With a shuttle bus to Harbourfront MRT station/Vivocity and Telok Blangah MRT station, you’ll never miss out on shopping and amenities from your peaceful abode. You’re also well-positioned in the Greater Southern Waterfront area, which is set to become a bustling business, residential, entertainment and nature hub from 2040.
Bonus: Reflections at Keppel Bay has a PropertyGuru Green Score of “good”, thanks to its accessibility to public transport and Gold BCA Green Mark certification (2007). The project, which received its Temporary Occupation Permit (TOP) in 2013, also has shared facilities for residents that include a barbeque area, gymnasium room, playground, tennis courts, clubhouse, Jacuzzi and swimming pool.
2. Les Maisons Nassim Penthouse: $69,999,888
At the beginning of this article, we mentioned a buyer dropped $75 million on a Les Maisons Nassim penthouse. If you feel FOMO, we found a penthouse listing in this same sought-after luxury development that’s set to TOP in 2023, but at a slightly discounted of about $70 million.
Partially furnished, with a floor area of 12,078 sq ft, this freehold penthouse property provides a bespoke luxury living experience. Don’t expect sweeping views of the city skyline or nearby greenery though – this exclusive project is just four storeys high, but the draw lies in its limited number of units and the privacy the development offers. The whole development only has 14 units, each with its own dedicated lift lobbies, of which just two are super penthouses.
The high-end property has a wide 21m frontage that is column-free, and homeowners can decide if they want to design their entire unit from scratch or choose from three ID designs. When stage three of the Thomson-East Coast MRT Line begins operation later this year, homeowners will have easy access to Napier MRT (650m) and Orchard Boulevard MRT (750m) stations for a seamless connection to Singapore’s most famous shopping belt.
3. One Chatsworth Penthouse: $55,000,000
Old is gold when you’re looking at the freehold penthouse at One Chatsworth. Though it TOP was issued in 1976, this partially furnished penthouse near Orchard Road has a massive floor area of 13,000 sq ft that spans two levels. There are balconies all around the three living rooms, six bedrooms and one helper’s room. It is one of the 45 exclusive units in this development that form one tall block.
Turning up the appeal is this penthouse’s high ceilings and a 360-degree panoramic view off Grange Road. Due to the large windows, plenty of natural light enters the space and the home is well-ventilated.
The facilities are also well-maintained, comprising a swimming pool, sauna, tennis court and playground. Just like the upcoming Les Maisons Nassim development, One Chatsworth is just 5 minutes’ walk from the upcoming Orchard Boulevard MRT station.
4. Skyline @ Orchard Boulevard Penthouse: $54,115,002
Orchard seems to be the de facto area for luxury super penthouses, for obvious reasons. Receiving its TOP in 2015, with a floor area of 9,494 sq ft, this freehold duplex Skyline @ Orchard Boulevard penthouse is a stone’s throw from Orchard and Somerset MRT stations on the North-South line.
Towering 33 levels above Central Singapore, this five-bedroom home has a balcony overlooking bustling Orchard Road. There’s even a private pool, in addition to the usual communal facilities that a total of just 40 households have exclusive access to.
5. The Tate Residences Penthouse: $40,000,000
This 4-bedroom, 5,963 sq ft penthouse is located in a 99-year leasehold mixed-use development with a shopping mall and theatre on the lower floors. Residential lifts connect directly to City Hall MRT. The unit, whose living room is more than nine metres wide, enjoys unblocked views of Saint Andrew’s Cathedral and Marina Bay Sands.
Situated on Stamford Road just 1 minute’s walk from City Hall MRT and 5 minutes’ walk from Bras Basah MRT, Eden Residences Capitol is truly in the heart of the city. It is a stone’s throw from popular malls like Raffles City Shopping Centre and Funan Shopping Mall. For those who work in the CBD, Raffles Place is just 14 minutes’ walk away.
Its location is also ideal for culture vultures, with the National Gallery, National Museum of Singapore, Singapore Art Museum, Peranakan Museum, National Library main branch and Esplanade all located a quick walk away.
6. One Shenton Penthouse: $30,000,000
Completed in 2011, the 99-year leasehold One Shenton boasts a fine, full-furnished 9,139 sq ft two-storey penthouse in the heart of the Central Business District, at Marina Bay. There’s a lap pool and a jet pool on the open roof garden, with four bedrooms ensuite.
This 341-unit, 50-storey-high development is perfect for those concerned about their carbon footprint, as it has a PropertyGuru Green Score of Excellent. Not only is it in a fantastic location, being equidistant between the bay and the Singapore River, with nightlife and the office within easy reach, developer CDL is also a reputed socially responsible corporation that champions green and environmentally-aware initiatives and projects.
A beauty of a property, One Shenton was designed by world-famous architect Carlos Ott, with captivating views of the Singapore skyline – itself making up part of it.
7. Concourse Skyline Penthouse: $29,999,000
Concourse Skyline at Beach Road was completed in 2014, with a total of 360 units and 39 floors. The central location of this 99-year leasehold condo is a boon, but what’s even better are the expansive, unblocked vistas of the Singapore River and Marina Bay sea view.
In particular, this fully furnished triplex penthouse that’s newly renovated with branded furniture and appliances has a floor area of 11,128 sq ft, seven bedrooms and six bathrooms. There’s also a private lift within the house, taking its occupants to the various floors.
Level one houses the living room and dining hall, the wet and dry kitchen, and four bedrooms (two ensuites and two with balconies). Level two allows you access to the private pool and jacuzzi, and three adjoining bedrooms that can be combined into a presidential suite. On level three, you have a roof terrace with a barbecue pit.
The communal facilities are top-notch too, comprising a barbeque area, gymnasium room, lap pool, spa pool, clubhouse, jacuzzi and lounge. Nicoll Highway MRT station is a short 3-minute walk from the development, while Bugis MRT station is just 650m away.
8. Nassim 9 Penthouse: $13,000,000
4+1 bedrooms and four bathrooms make up this 3,420 sq ft partially furnished two-storey penthouse at Nassim 9 with a terrace for entertaining on the second floor. Completed in 2003, this swanky freehold property is just one of the eight units in this low-rise (four-storey high), boutique development that promises exclusivity and privacy for its well-heeled residents.
Read more here.
Facilities in the development include a swimming pool, barbecue pits, gym and 24-hour security. You’ll also be within walking distance of Singapore’s renowned Unesco World Heritage Singapore Botanic Gardens and the bustling Orchard Road strip.
Luxury Property in Singapore: Penthouse Units, Sentosa Cove Properties, Good Class Bungalows, and More
Last year, COVID-19 seems to have nothing on the luxury property market in Singapore, with luxury apartment sales doubling last year on the back of low interest rates during the pandemic. Affluent buyers seem to be optimistic about Singapore’s post-pandemic economic recovery, with properties in Sentosa Cove seeing renewed interest and transaction volumes of Good Class Bungalow (GCBs) hitting a record high.
However, analysts feel that we may not see such a robust 2022. Aside from rising interest rates expected in 2022 and beyond, the recent property cooling measures, which saw an increase in Additional Buyer’s Stamp Duty (ABSD) rates, will likely deter locals and foreigners alike looking to buy property for investment purposes.
Nevertheless, the ultra-rich are still on the move in the luxury property market, while they can. According to PropertyGuru’s Singapore Property Market Report Q1 2022, private property sale prices are expected to continue rising in the upcoming quarter. A dip in demand for investment properties is predicted in the first half of 2022, as the full extent of the new cooling measures kicks in.
If you’re interested in buying a penthouse unit, you can browse all penthouse properties for sale on PropertyGuru.
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