10 Apr '15, 2am

#GlobalREBubble #Singapore China buyer snaps up penthouse at record price @SGPropertyGuru

#GlobalREBubble #Singapore China buyer snaps up penthouse at record price @SGPropertyGuru

Comment E-mail to friend Bookmark & Share A penthouse in one of Australia’s tallest residential buildings has been sold for a record A$25 million to an unnamed businessman from China. At A$33,000 psm, the 750 sqm penthouse may be the most expensive apartment ever sold in Australia. The unit is spread across the entire top floor of the future Australia 108, which is being built by Aspial Corporation Limited’s property arm, World Class Land. Set to be completed by 2019, the Melbourne development is set to be the tallest tower in the Southern Hemisphere. In a filing to SGX, Aspial said the penthouse sale was negotiated by CBRE and KM Sales & Marketing. Andrew Leoncelli, Managing Director, CBRE Residential Projects, said that over 90 percent of the 1,105 apartments at Australia 108 found buyers. “The extraordinary sale of the Australia 108 penthouse sets a new benchmark for pr...

Full article: http://www.propertyguru.com.sg/property-management-news/2...

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Comment E-mail to friend Bookmark & Share Luxury project Le Nouvel Ardmore’s lone penthouse has been sold for a whopping $...

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Comment E-mail to friend Bookmark & Share Luxury project Le Nouvel Ardmore’s lone penthouse has been sold for a whopping $...

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