Three large units at Marina Bay Residences sold at over S$3,000 psf

Singapore

THREE units of four-bedroom apartments on the higher levels at Marina Bay Residences have changed hands in recent weeks at prices well above S$3,000 psf.

However, market watchers said that this does not signal a reversal of the current lull in the high-end market, which has been hit by the absence of foreign buyers due to the additional buyer's stamp duty.

"These latest transactions at Marina Bay Residences can be seen as one-off and specific to the type of units, which are the most sought-after apartm…