Swire Properties sells all 20 units of Eden for S$293m

SWIRE Properties of Hong Kong announced on Thursday night that it has sold all 20 units at its completed freehold luxury residential development, Eden, at 2 Draycott Park in Singapore for S$293 million. (see amendment note)

The price works out to S$4,827 per square foot. All 20 apartments in the project are four-bedroom units of over 3,000 sq ft, each of them occupying an entire floor.

Earlier in the day, the grapevine had estimated the sale price at about $300 million, which works out to around $4,900 psf.

The deal is said to have been brokered through private treaty by Sandra Yiap of Huttons, in association with Savills.

Huttons declined to comment when contacted by The Business Times.

The 22-storey development was completed in 2019. Its facilities include a swimming pool, a children's pool, a landscaped garden and a sky garden.

Amendment note: Swire Properties of Hong Kong announced on Thursday night that it has sold all 20 units at its completed freehold luxury residential development, Eden, at 2 Draycott Park in Singapore for S$293 million.