Singapore
A CHINESE citizen is understood to have been granted an option to buy a five-bedroom penthouse at YTL Land & Development's 3 Orchard By-The-Park project for S$31.5 million.
This works out to S$4,805 per square foot for the 6,555 sq ft triplex unit. The psf price is the highest registered so far among the units which YTL has sold to date in the completed freehold development near the upcoming Orchard Boulevard MRT Station.
The condominium has a total of 77 residences in three 25-storey towers.
Since last year, YTL has released one tower, Wood Tower, which has 30 units comprising two bedders, four bedders and the penthouse that has just been transacted.
Out of these 30 units, more than half...