Two St Regis Residences Singapore Units Sale 64 Mil And 18 Mil Each
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Two luxury units at St Regis Residences Singapore will be up for auction on January 16, according to Knight Frank. The first property is a spacious three-bedroom unit covering 2,594 sq ft, estimated at $6.4 million ($2,467 psf). The second property is a stunning five-bedroom “sky villa” duplex penthouse spanning 6,684 sq ft, with a guide price of $18 million ($2,693 psf).
Located in the prestigious District 10 at the Tanglin area, these two units are highly sought after and represent a unique investment opportunity. Knight Frank’s head of auction and sales, Sharon Lee, shared that this will be the first time either of these units will be available in an auction.
The three-bedroom unit, situated on the sixth floor, boasts luxurious features such as a private lift, an entertainment room, and full marble flooring in the living and dining areas. The current owner acquired this gem from the developer in 2007 for $6.1 million ($2,354 psf).
Meanwhile, the magnificent five-bedroom duplex penthouse on the 22nd and 23rd floors features a private pool and offers a breathtaking 180-degree panoramic view. This property is among the seven exclusive sky villas at St Regis Residences Singapore. According to Lee, this is currently the only sky villa available for purchase. The current owner purchased this unit through a resale in 2011 for $13.2 million ($1,975 psf).
St Regis Residences Singapore, which boasts a 999-year lease, is made up of 173 units across two 23-storey towers. Positioned near the 299-room St Regis Singapore hotel, this development offers various unit types, including three-bedroom units starting from 1,507 sq ft, and four-bedroom units from 2,153 sq ft.
Among the highlights of this development are the seven sky villas, which are located on the 22nd and 23rd floors and range from 5,000 sq ft to 7,200 sq ft. Additionally, there are seven other penthouses or sky suites available on the same floors, comprising a mix of three simplexes and four duplexes.
St Regis Residences Singapore, launched in 2006, paved the way for hotel-branded residences in the luxury segment. One of the perks of owning a unit here is the ability to enjoy hotel services upon request, such as housekeeping, butler, and babysitting services.
Based on the past year’s caveats, units at St Regis Residences Singapore have an average selling price of $2,494 psf, while owners enjoy a monthly rental yield of around $5.80 psf. The project’s prime location is near the Orchard Boulevard MRT Station, on the Thomson-East Coast Line, and within walking distance to the major shopping malls along Tanglin Road and Orchard Road. (Source: EdgeProp LandLens).
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Interested parties can check out the latest listings for St Regis Residences Singapore properties for sale.