Home Properties Chinese language Purchaser Snaps Up A Singapore Duplex Condo at Klimt Cairnhill for S$30m

Chinese language Purchaser Snaps Up A Singapore Duplex Condo at Klimt Cairnhill for S$30m

Chinese language Purchaser Snaps Up A Singapore Duplex Condo at Klimt Cairnhill for S$30m

Singapore’s property information grapevine has discovered that the duplex penthouse house, which takes up the higher two flooring of the 36-storey luxurious condominium Klimt Cairnhill, is being bought for near S$30 million (approx US$ 22.5 million).

The sophisticated facade of Klimt Cairnhill
The delicate facade of Klimt Cairnhill. Picture: Bai Jiwen.

For the 5,920 sq. foot freehold unit, the worth comes out to nearly S$5,000 per sq. foot (psf); the strata space consists of about 800 sq ft of a void that gives a double-volume area within the residing space. In line with rumors, the client is from China. The client beat the rise within the purchaser’s stamp obligation fee for residential properties revealed within the Price range on February 14; the choice to buy is believed to have been given final week. The subsequent day, the revised charges grew to become efficient.

The 5 bedrooms within the duplex house are all en suite. There’s a walk-in closet in the primary bed room. The house has two research areas as nicely, and the balcony off the lounge will quickly have a small jacuzzi. One different penthouse on degree 36 of the Low Keng Huat property growth complicated was bought in November 2021 for S$26 million, or S$5,308 per sq. foot on a strata space of 4,898 sq. toes. There are six flats in that duplex.

Klimt at Cairnhill Road
Klimt at Cairnhill Highway. Picture: Bai Jiwen.

Like all the items within the constructing, the 2 penthouses have been bought with out comfortable furnishings however with the addition of cooking home equipment, wardrobes, sanitary ware, and flooring. A mainboard-listed govt director at Low Keng Huat (Singapore) Restricted named Alvin Teo refused to touch upon the penthouse offers. He did level out that 35 of the 138 flats within the growth have been bought. When the group previewed the challenge in August 2021, the primary unit was bought; nevertheless, Teo famous that the Covid safe-management measures made it difficult to show a high-end product in a showflat. The reopening of China is helpful, however different Asians additionally buy.

Klimt at Cairnhill Road
Artist rendering of Klimt at Cairnhill Highway. Picture: Bai Jiwen.

The group up to date the Klimt Cairnhill showflat and relaunched the challenge early this month after the authorities eliminated the final of the Covid restrictions on entry to showflats final October. When quizzed concerning the nationalities of the consumers of the 35 items bought up to now, Teo opined, “Whereas China opening its borders in January has helped Klimt Cainrhill draw some consumers, we even have a good bit of consumers from Singapore and Southeast Asia.”

Along with the 2 penthouses, the items within the growth fluctuate in dimension from two to 4 bedrooms.


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