One buyer pays S$293 million for all 20 units of ultra-luxury Orchard condominium

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Singapore – All 20 apartment units of an ultra-luxury condominium in Orchard were sold to 'one exclusive buyer.' Swire Properties announced on Thursday evening (Mar 25) that all units of its ultra-luxury condo, Eden at 2 Draycott Park, have been sold.

Singapore – All 20 apartment units of an ultra-luxury condominium in Orchard were sold to “one exclusive buyer.”announced on Thursday evening that all units of its ultra-luxury condo, Eden at 2 Draycott Park, have been sold.“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.

Eden was designed by multi-award-winning architect Thomas Heatherwick of London-based Heatherwick Studio in collaboration with Swire Properties. It was completed in 2019. Each of the 20 apartments occupies an entire floor spanning over 3,000 square feet, and includes four en suite bedrooms. Each apartment has a vertical landscape of hanging gardens designed as its own “lush, private garden-in-the-sky,” notedIt was reported that one of the conditions for developing the apartments was exclusivity and privacy. “Residents can walk freely around their apartment without worrying about their privacy.

“We’re seeing more family funds coming in, including those from Hong Kong who take a strategic view of their investments.” For the ultra-high net worth individual, Eden’s purchase price “is not too much of an investment outlay – whether you’re buying for the residence of an extended family or with your friends, and it’s very exclusive,” said Ms Ong./TISG

 

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