{"id":45086,"date":"2021-11-08T12:49:53","date_gmt":"2021-11-08T04:49:53","guid":{"rendered":"https:\/\/www.99.co\/singapore\/insider\/?p=45086"},"modified":"2022-06-13T17:30:09","modified_gmt":"2022-06-13T09:30:09","slug":"75m-penthouse-les-maisons-nassim","status":"publish","type":"post","link":"https:\/\/www.99.co\/singapore\/insider\/75m-penthouse-les-maisons-nassim\/","title":{"rendered":"Les Maisons Nassim penthouse sold for S$75m, possibly the most expensive apartment ever sold in Singapore"},"content":{"rendered":"<div id=\"bsf_rt_marker\"><\/div><p class=\"p1\">Someone has paid more than James Dyson to buy a penthouse in Singapore, making it the most expensive in Singapore. According to <a href=\"https:\/\/www.businesstimes.com.sg\/real-estate\/penthouse-at-les-maisons-nassim-sells-for-s75-million\" target=\"_blank\" rel=\"noopener noreferrer\">Business Times<\/a>, a penthouse unit at <a href=\"https:\/\/www.99.co\/singapore\/condos-apartments\/les-maisons-nassim\" target=\"_blank\" rel=\"noopener\">Les Maisons Nassim<\/a> was sold for S$75 million in late October.<\/p>\n<p class=\"p1\">At the quantum price of S$75 million, this has beaten the <a href=\"https:\/\/www.99.co\/singapore\/insider\/james-dyson-has-bought-singapores-biggest-most-expensive-penthouse\/\" target=\"_blank\" rel=\"noopener\">S$73.8 million reportedly paid by James Dyson<\/a> for the super penthouse at <a href=\"https:\/\/www.99.co\/singapore\/condos-apartments\/wallich-residence\" target=\"_blank\" rel=\"noopener\">Wallich Residence<\/a> in 2019. (James Dyson later <a href=\"https:\/\/www.99.co\/singapore\/insider\/core-central-region-ccr-condos-is-dysons-11-8-million-loss-a-warning-sign\/\" target=\"_blank\" rel=\"noopener\">sold it in 2020 at an S$11.8 million loss<\/a> to Leo KoGuan, the third-largest individual shareholder of Tesla.)<\/p>\n<p class=\"p1\">The Business Times quoted List Sotheby\u2019s International Realty executive director Lewis Cha that this transaction may have set the record for being the most expensive penthouse ever sold in Singapore, based on known transactions in the past two decades.<\/p>\n<figure id=\"attachment_45089\" aria-describedby=\"caption-attachment-45089\" style=\"width: 600px\" class=\"wp-caption alignnone\"><a href=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2021\/11\/les-maisons-nassim-pool.jpeg\" class=\"img-link media-img img-link media-img\"><img decoding=\"async\" class=\"wp-image-45089\" src=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2021\/11\/les-maisons-nassim-pool.jpeg\" alt=\"Artist's impression of the pool at Les Maisons Nassim\" width=\"600\" height=\"400\" srcset=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2021\/11\/les-maisons-nassim-pool.jpeg 960w, https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2021\/11\/les-maisons-nassim-pool-150x100.jpeg 150w\" sizes=\"(max-width: 600px) 100vw, 600px\" \/><\/a><figcaption id=\"caption-attachment-45089\" class=\"wp-caption-text\">Artist&#8217;s impression of the pool at Les Maisons Nassim.<\/figcaption><\/figure>\n<p class=\"p1\">Spanning around 12,077 sq ft, this translates to S$6,210 psf. A quick search on our portal found <a href=\"https:\/\/www.99.co\/singapore\/sale\/property\/les-maisons-nassim-condo-w2XiJWBMKiKjwdgUCi3S8P\" target=\"_blank\" rel=\"noopener\">the unit had been listed<\/a> as a five-bedder with an asking price of S$80 million. In terms of price psf, it\u2019s beaten the S$5,930 psf set by a S$39 million unit sold in the same luxury condo in early May.<\/p>\n<p class=\"p1\">On the other hand, the current record for the highest price psf may still be held by a 3,089 unit from <a href=\"https:\/\/www.99.co\/singapore\/condos-apartments\/the-marq-on-paterson-hill\" target=\"_blank\" rel=\"noopener\">The Marq on Paterson Hill<\/a>, sold back in 2011. According to caveats lodged, the unit was sold for around S$20.5 million, or S$6,650 psf.<\/p>\n<p class=\"p1\">Looking at the transactions over the past 10 years in District 2 (where Wallich Residence is), District 9 (where The Marq on Paterson Hill is) and District 10 (where Les Maisons Nassim is), condos in District 9 have generally fetched a higher average price psf.<\/p>\n<figure id=\"attachment_45090\" aria-describedby=\"caption-attachment-45090\" style=\"width: 600px\" class=\"wp-caption alignnone\"><a href=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2021\/11\/d2-d9-d10-price-trends-10-years.png\" class=\"img-link media-img img-link media-img\"><img decoding=\"async\" class=\"wp-image-45090\" src=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2021\/11\/d2-d9-d10-price-trends-10-years.png\" alt=\"Price trends over the past 10 years in D2, D9 and D10\" width=\"600\" height=\"615\" srcset=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2021\/11\/d2-d9-d10-price-trends-10-years.png 780w, https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2021\/11\/d2-d9-d10-price-trends-10-years-150x154.png 150w\" sizes=\"(max-width: 600px) 100vw, 600px\" \/><\/a><figcaption id=\"caption-attachment-45090\" class=\"wp-caption-text\">Condos in District 10 have the highest price appreciation of 31.67% over the past 10 years.<\/figcaption><\/figure>\n<p class=\"p1\">On the other hand, condos in District 10 have experienced the highest price appreciation of 31.67% over the last 10 years, compared to the 29.32% in District 2 and 1.82% in District 9.<\/p>\n<h2 class=\"p3\"><b>What do you think of this S$75 million transaction for a penthouse? Let us know in the comments section below or on our Facebook <a href=\"https:\/\/www.facebook.com\/99dotco\/posts\/2135829469903856\" target=\"_blank\" rel=\"noopener\">post<\/a>.\u00a0<\/b><\/h2>\n<p class=\"p1\">If you found this article helpful, 99.co recommends <a href=\"https:\/\/www.99.co\/singapore\/insider\/5-things-undecided-homebuyers-must-do-cooling-measures-announced\/\" target=\"_blank\" rel=\"noopener\">5 things every on-the-fence homebuyer must do if new cooling measures are suddenly announced<\/a> and <a href=\"https:\/\/www.99.co\/singapore\/insider\/freehold-residential-tower-high-point-up-for-public-tender\/\" target=\"_blank\" rel=\"noopener\">Freehold residential tower High Point up for public tender<\/a>.<\/p>\n<p class=\"p1\">Looking for a property? Find the home of your dreams today on Singapore\u2019s fastest-growing <a href=\"https:\/\/www.99.co\/?utm_source=blog%20main%20site%20conversion\" target=\"_blank\" rel=\"noopener\">property portal 99.co<\/a>! If you would like to estimate the potential value of your property, check out <a href=\"https:\/\/www.99.co\/singapore\/property-value-tool\" target=\"_blank\" rel=\"noopener\">99.co&#8217;s Property Value Tool<\/a> for free. Meanwhile, if you have an interesting property-related story to share with us, drop us a message <a href=\"mailto:marketing@99.co\" target=\"_blank\" rel=\"noopener\">here<\/a> \u2014 and we\u2019ll review it and get back to you.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Someone has paid more than James Dyson to buy a penthouse in Singapore, making it the most expensive in Singapore. According to Business Times, a penthouse unit at Les Maisons Nassim was sold for S$75 million in late October. At the quantum price of S$75 million, this has beaten the S$73.8 million reportedly paid by&hellip;<\/p>\n","protected":false},"author":111,"featured_media":45088,"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":"no","_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":[53601,53602,53593,57131],"tags":[54900,56807,54917,55950,56805,56806,55634,53680],"persona":[],"class_list":{"2":"type-post","19":"entry","20":"has-post-thumbnail"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v25.7.1 (Yoast SEO v25.7) - 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