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RESIDENTIAL | Staff Reporter, Singapore
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Five penthouses at Marina Bay Residences in Singapore up for sale

Luxury real estate agency Tristar offers the sale for $138m.

Penthouses located in the 50th to 55th floors of Marina Bay Residences in Singapore are being put up for sale collectively by luxury real estate agency Tristar Properties Pte. Ltd. for $138m.

Tristar Properties associate director Edwin Yip said this is in response to enquiries from ultra-high net worth (UHNW) overseas buyers in the recent months.

He explained that most UNHW buyers look for Good Class Bungalows (GCBs). However, ownership for these properties is restricted to Singapore citizens as these are considered landed housing. These buyers then become interested in acquiring large-sized penthouses in Singapore.

The five penthouses being collectively sold were initially bought separately. Four of the five penthouses were used as a family office, whilst one was owned by a private investor.

It has a total area of 28,258 sq. ft. across five floors.

The largest of the penthouses is the triplex penthouse with a total of 11,012 sq. ft. It features a double-volume ceiling and has full-height glass windows.

The duplex penthouse is located at the 52nd and 53rd floors. It has a non-structural wall that can be removed in order to convert it to a larger space.

Lastly, the simplex penthouses are located in the 50th, 51st, and 52nd floors.

Tristar told the media that it sought advice from Meinhardt Group in conceptualizing the space.

Meinhardt Group is known for being the consultant for all five high-rise towers at the Marina Bay Financial Centre.

Similarly, Tristar also partnered with LivSpace to create the visual interiors of this 24-bedroom penthouse.

Yip said this is not the first time that this has been done. In the 38th and 39th floors of the building, four-bedroom units have been connected via internal staircases.

Marina Bay Residences has a 99-year leasehold, and all its penthouses are serviced by two private lifts.

Among the main features of this property is that it has a 270-degree view of Marina Bay Sands, Gardens By the Bay, and the Central Business District in Singapore.

Photo courtesy of Tristar Properties Pte. Ltd.
 

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