A blend of hyper-exclusive properties and outstanding amenities with great connectivity and a certain discretion synonymous with the lives of a discerning elite. Singapore is seeing more family funds transferring their money into Singapore including those from Hong Kong who take a strategic view of their investments.
Swire Properties just announced that it has sold all 20 units at its ultra-luxury condo, Eden at 2 Draycott Park.The apartments were sold en bloc for $293 million or $4,827 psf. The sale will be completed by May 26, 2021, subject to the fulfilment of the purchase agreement.
Word on the street is that all 20 units at Swire Properties’ luxury condo Eden at 2 Draycott Park have been sold to a single buyer. The buyer is believed to be a Chinese family. The purchase price is said to be $300 million, which translates to $4,800 psf, according to sources.
EDEN is adjacent to The Tanglin Club and right opposite The American Club, in prime district 10. The Draycott Park, Draycott Drive and Ardmore Park enclave is also renowned as the “billionaires’ belt”. Nearby at Ardmore Park is Abelia, an 11-storey condominium owned by Singaporean tycoon and investor Peter Lim with his family, together with his wine and car collection.