30 Aug '11, 12am

Overseas buyer signs up to pay record $19m for 4-bedroom apartment at The Marq on Paterson Hill

Overseas buyer signs up to pay record $19m for 4-bedroom apartment at The Marq on Paterson Hill

The price for the 3,003 sq ft apartment at The Marq on Paterson Hill works out to just under $6,400 per sq foot. The buyer is believed to be from overseas. -- ST PHOTO: NURIA LING By Cheryl Lim A buyer has signed up to pay a record-breaking $19 million for a four-bedroom apartment at The Marq on Paterson Hill. The posh project near Orchard Road already holds the record in terms of price per square foot but this deal will easily trump it - no mean feat given the softer market for high-end homes. It is understood the buyer - who is from overseas - has inked a deal to purchase the 3,003 sq ft unit for just under $6,400 per square foot (psf). The previous record of $5,842 psf was set in May with the sale of a similarly sized four-bedroom unit at The Marq on Paterson Hill, which was built by SC Global Developments. Please enable JavaScript to view the comments powered by Disqus...

Full article: http://www.straitstimes.com/BreakingNews/Singapore/Story/...

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