Penthouse at The Boulevard Residence may set new benchmark

Market-watchers are expecting to see fierce bidding for a high-end luxurious penthouse near Orchard Road.

The unit at The Boulevard Residence is scheduled to be up for auction next month.

It is the last of only two super penthouse units at the premium freehold project developed by SC Global Developments and Guocoland.

The auction is by invitation only and will be jointly conducted by Christie’s Great Estates exclusive affiliate Ken Jacobs and Colliers International.

According to some estimates, the price could reach some S$5,000 per square foot, which translates to S$35 million for the unit.

The 7,000 square feet penthouse sits at the top of a 36-storey building and boasts a 360-degree panoramic view of Singapore.

It comes with a private 11-metre lap pool overlooking the city skyline and an open rooftop terrace garden.

Source: Channel NewsAsia, 17 April 2007

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