When Property Meets Paradise
Imagine stepping into a slice of heaven right in the middle of Singapore’s buzzing streets, and that’s exactly what happens when you own a home at Orchard. The whole place screams opulence, and once you choose the right spot, the world feels a bit smaller and a lot more comfortable.
The Big Move: Four Units, One Epic Purchase
- 3 Orchard By‑The‑Park – the address that’s practically a luxury label.
- A single Chinese buyer snatched four units in one swoop.
- Total cost? Roughly $60 million.
- Per square foot? Around $3,600 to $3,700 – putting buyers in the exclusivity league.
Size Matters (and the Price Tag Reflects It)
The four gems aren’t just any apartments – they’re on the larger side, packed with space to move around without feeling cramped.
- Three of the units hit the sweet spot of about $12 million each.
- The last one, pumping up the drama, snapped up for a cool $20 million+.
Home Sweet Home: Freehold & Exclusivity
Built in 2017, the development has just 77 premium residences divided into three 25‑storey blocks. That means each home enjoys privacy, luxury, and the exclusive perk of freehold ownership.
Why It Matters
Owning a freehold property in such a coveted location is like having a VIP pass to the best part of a city, all while keeping your own little palace.
<img alt="" data-caption="The interior of a four-bedroom loft unit with a pool.
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The Inside Scoop on Singapore’s Elite Condo Market
Who’s Behind the Deals?
A YTL Group spokesperson let us in on the latest transaction: PropNex pulled the strings, and the buyer walked into a freshly‑furnished unit—no need for a paint‑and‑fix‑up spree. The deed? Straight‑up, move‑in‑ready.
Why It’s Hiding From the URA List
Surprisingly, the purchase didn’t pop up on the Urban Redevelopment Authority’s (URA) portal. The culprit? A missing caveat. While not mandatory, a caveat acts as a safety net for buyers. Think of it as a “not‑to‑be‑slipped‑over” flag – sometimes the devil’s in the details.
Still Snap‑Chance Units?
Lianhe Zaobao reports that at least ten units from this project remain on the market. If you’re a high‑income household or simply fancy a splash of luxury, why not take a virtual stroll through 3 Orchard By‑The‑Park? The images alone might give you a quick heart‑throb.
The Big‑Money Moment: Canning Hill Piers
Back in June 2022, a Chinese investor from Fujian splashed out $85 million on 20 condominium units at Canning Hill Piers, nestled by the Singapore River. Talk about a splash—literally.
A Record‑Setting Penthouse
Fast forward to October 2021: a penthouse at Les Maisons Nassim changed hands for $75 million, a new record for the most expensive penthouse ever sold in Singapore. The Business Times celebrated the feat, and the price still feels like a giant leap.
Takeaway
If you’ve got the wallet for splurging, the high‑end Singapore condo market offers a dazzling array of options—from move‑in‑ready units to deal‑making milestones. Just remember to keep an eye on caveats—lest the deal slip through unnoticed!
