{"id":13266,"date":"2018-01-17T06:59:52","date_gmt":"2018-01-16T22:59:52","guid":{"rendered":"https:\/\/www.99.co\/blog\/singapore\/?p=13266"},"modified":"2022-07-01T04:46:02","modified_gmt":"2022-06-30T20:46:02","slug":"expensive-best-selling-properties","status":"publish","type":"post","link":"https:\/\/www.99.co\/singapore\/insider\/expensive-best-selling-properties\/","title":{"rendered":"Most expensive and best-selling properties Singaporeans chionged to buy in 2017"},"content":{"rendered":"<div id=\"bsf_rt_marker\"><\/div><p><span style=\"font-weight: 400;\">As we wrap up the first month of 2018, let\u2019s take a look at some of the most expensive and best-selling properties that got Singaporeans (and expats living in Singapore!) extremely excited last year. Plus: we already know that <\/span><a href=\"https:\/\/www.99.co\/singapore\/insider\/property-market-prices-rise-2018\/\"><span style=\"font-weight: 400;\">property prices are expected to rise by 10% in 2018<\/span><\/a><span style=\"font-weight: 400;\">, so if you\u2019re hoping to buy or sell property this year, you\u2019re in for a fun ride! (<a href=\"https:\/\/newlaunch101.com\/wp-content\/uploads\/2017\/07\/Wallich-Residence-at-Tanjong-Pagar-Centre-Facade.jpg\" rel=\"nofollow\">cover image credits<\/a>)<\/span><\/p>\n<h3><b>Most expensive resale properties in 2017:<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">In August 2017, a 10,300 square foot penthouse at <a href=\"https:\/\/www.99.co\/singapore\/condos-apartments\/sculptura-ardmore\">Sculptura Ardmore<\/a> was sold for over $60 million. Rumour has it that the buyer is none other than one of <a href=\"https:\/\/www.99.co\/\">99.co&#8217;s<\/a> investors Eduardo Saverin, but as the deal has been kept fairly hush-hush, no one knows for sure.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In May 2017, a 9,300 square foot resale unit at <a href=\"https:\/\/www.99.co\/singapore\/condos-apartments\/the-nassim\">The Nassim<\/a> was sold for $25.57 million. Again, we don\u2019t know much about the mysterious buyer &#8211; except for the fact that he (or she!) is a foreigner.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Rounding it off, in August 2017, a 7,287 square foot unit at <a href=\"https:\/\/www.99.co\/singapore\/condos-apartments\/gramercy-park\">Gramercy Park<\/a> was sold for $21.86 million. The unit in question is a five bedroom penthouse.<\/span><\/p>\n<p><img decoding=\"async\" class=\"aligncenter wp-image-16282\" src=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2018\/01\/expensive-selling-property-2017.jpg\" alt=\"expensive selling property 2017\" width=\"720\" height=\"405\" srcset=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2018\/01\/expensive-selling-property-2017.jpg 1366w, https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2018\/01\/expensive-selling-property-2017-940x528.jpg 940w\" sizes=\"(max-width: 720px) 100vw, 720px\" \/><\/p>\n<h3><b>Highest asking price for property in 2017:<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">S$100 million. Nope, that\u2019s not a typo &#8211; it\u2019s the asking price for a new three-storey penthouse, which comes complete with a private pool on the 64th floor. This unit is located at <a href=\"https:\/\/www.99.co\/singapore\/condos-apartments\/wallich-residence\">Wallich Residence<\/a> in the GuocoLand-developed Tanjong Pagar Centre, and experts are saying that it\u2019s a \u201ctest for the endurance of demand for luxury property\u201d in Singapore. <\/span><\/p>\n<h3><b>Highest number of units sold by a developer in 2017:<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">1,216 units. The honour goes to Qingjian Realty, with the units comprising of both Executive Condominium (EC) and private residential projects.<\/span><\/p>\n<h3><b>Highest number of ECs sold by a developer in 2017: <\/b><\/h3>\n<p><span style=\"font-weight: 400;\">932 units. Again, this feat was achieved by Qingjian Realty. One of their most popular ECs was <a href=\"https:\/\/www.99.co\/singapore\/condos-apartments\/the-visionaire\">The Visionaire<\/a>, Singapore\u2019s first EC with smart homes, which was fully sold in 2017. In addition, we hear that Qingjian Realty\u2019s <a href=\"https:\/\/www.99.co\/singapore\/condos-apartments\/inz-residence\">iNz Residence<\/a>, which is Singapore\u2019s first Internet-ready smart EC, is also doing exceptionally well.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">If you found this article helpful, 99.co recommends\u00a0<\/span><a href=\"https:\/\/www.99.co\/singapore\/insider\/2017-roundup-property-news\/\">2017 Roundup: 9 property news headlines that took the market by storm<\/a> and\u00a0<a href=\"https:\/\/www.99.co\/singapore\/insider\/property-buying-landscape-millennials\/\">How the property buying landscape is evolving to suit millennials<\/a>.<\/p>\n<p>Find the home of your dreams today at Singapore\u2019s largest\u00a0<a href=\"http:\/\/www.99.co\/?utm_source=blog%20main%20site%20conversion\">property portal 99.co<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>As we wrap up the first month of 2018, let\u2019s take a look at some of the most expensive and best-selling properties that got Singaporeans (and expats living in Singapore!) extremely excited last year. Plus: we already know that property prices are expected to rise by 10% in 2018, so if you\u2019re hoping to buy&hellip;<\/p>\n","protected":false},"author":36,"featured_media":55002,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_relevanssi_hide_post":"","_relevanssi_hide_content":"","_relevanssi_pin_for_all":"","_relevanssi_pin_keywords":"","_relevanssi_unpin_keywords":"","_relevanssi_related_keywords":"","_relevanssi_related_include_ids":"","_relevanssi_related_exclude_ids":"","_relevanssi_related_no_append":"","_relevanssi_related_not_related":"","_relevanssi_related_posts":"","_relevanssi_noindex_reason":"","_lmt_disableupdate":"","_lmt_disable":"","_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[53593,53589,57131],"tags":[54198,54602,54603,54559,53709,53641],"persona":[],"class_list":{"2":"type-post","16":"entry","17":"has-post-thumbnail"},"acf":[],"yoast_head":"<!-- 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