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Singapore penthouse on sale for $72 million, a test for luxury market's recovery

Reuters  |  SINGAPORE 

By Aradhana Aravindan and Masayuki KitanoSINGAPORE (Reuters) - The asking price for a new three-storey Singapore penthouse, complete with a private pool on the 64th floor, has reached a dizzying $72 million.Due to be formally unveiled later this year, Wallich Residence's penthouse is in the tallest building in Singapore, the island of well-heeled stability that attracts the super-rich from its less-developed Southeast Asian neighbours, as well as multi-millionaires from mainland China.The 'bungalow in the sky' penthouse in the GuocoLand -developed Tanjong Pagar Centre, is likely to become ...

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First Published: Thu, July 13 2017. 04:33 IST
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