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Foreigners find gems in high-end condos

A HK businessman, a regional executive at Facebook and an Alibaba co-founder have all bought Singapore penthouses this year

POSH RESIDENCES: Hong Kong businessman Mahesh Buxani shelled out S$22.5 million for a penthouse at Nassim Park Residences in April


LUXURY condos in Singapore priced at S$10 million and above have drawn a host of interesting buyers, mostly foreigners, this year.

Besides Alibaba co-founder Sun Tongyu, who paid S$51 million for the sole penthouse at Wing Tai's Le Nouvel Ardmore freehold project in April