Swire Properties sells all 20 units at EDEN for $293 million – to one buyer

Victor Kang26 Mar 2021

EDEN Swire Properties crop

Each apartment unit occupies over 3,000 sq ft and feature four en-suite bedrooms. 

Swire Properties has sold all 20 units at EDEN – its completed luxury residential project at 2 Draycott Park in District 10 – for $293 million or around $4,827 per sq ft.

With each unit occupying an entire floor spanning over 3,000 sq ft, all 20 apartments feature four en-suite bedrooms and were sold to one buyer only.

Swire Properties expects to complete the sale by 26 May, subject to the fulfilment of the purchase agreement.

“We’re delighted to sell all 20 apartments at EDEN, our phenomenal ultra-luxury residences in the heart of Singapore,” said Guy Bradley, Chief Executive of Swire Properties.

“This is a significant transaction as it reflects EDEN’s distinct design, which has been combined with green living experiences, and also recognises the strength of our residential brand in this new market. Moving forward, we’ll continue to explore Singapore for more opportunities that showcase our brand and fit our business strategy.”

Designed by Thomas Heatherwick of Heatherwick Studio, the development was completed in 2019, with facilities including a swimming pool, children’s pool, BBQ pit, gymnasium, sky garden, landscaped garden, and car parks.

Victor Kang, Digital Content Specialist at PropertyGuru, edited this story. To contact him about this story, email: victorkang@propertyguru.com.sg

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