Shun Tak makes a splash in its Singapore property debut, selling a duplex penthouse at Park Nova for a record US$26 million

//Shun Tak makes a splash in its Singapore property debut, selling a duplex penthouse at Park Nova for a record US$26 million

Shun Tak makes a splash in its Singapore property debut, selling a duplex penthouse at Park Nova for a record US$26 million

Shun Tak Holdings, one of the flagship companies controlled by the clan that dominates Macau’s gambling industry, has smashed Singapore’s price record for luxury homes with its high-profile entry into the city state’s high-end property market.Park Nova, a collection of 54 large apartments in a high-rise tower about 10 minutes’ walk from the Orchard Road shopping belt, set a record when a penthouse measuring 5,899 sq ft (548 square metres) sold for S$34.38 million (US$26 million). Translating to…

Article by [author-name] (c) Business - South China Morning Post - Read full story here.

By | 2021-06-10T00:30:00+00:00 June 10th, 2021|Business|Comments Off on Shun Tak makes a splash in its Singapore property debut, selling a duplex penthouse at Park Nova for a record US$26 million