What is the most expensive condo in Singapore?

James Dyson, the inventor of the Dyson vacuum cleaner, paid $54.2 million for the Wallich penthouse in July 2019. The purchase set a record for the most expensive condo ever sold in Singapore. He sold it at a loss in October 2020, for $47 million.

What is the most expensive property in Singapore?

8 Most Expensive Mansions in Singapore

  • Cluny Hill GCB, $110 million. Floor size. …
  • Cluny Road GCB, $108 million. Floor size. …
  • Nassim Area GCB, $98 million. Floor size. …
  • Bukit Timah GCB, S90 million. …
  • Yarwood Avenue GCB, $90 million. …
  • Queen Astrid Park GCB, $90 million. …
  • Holland GCB, $83.8 million. …
  • Queen Astrid Park GCB, $81.88 million.

Why is Singapore so rich?

Today, the Singapore economy is one of the most stable in the world, with no foreign debt, high government revenue and a consistently positive surplus. The Singapore economy is mainly driven by exports in electronics manufacturing and machinery, financial services, tourism, and the world’s busiest cargo seaport.

Will private property price drop in Singapore?

Supply in the pipeline continued to shrink. As end-March 2021, it totalled 48,139 uncompleted private residential units, excluding ECs, down 2.4 per cent from the supply of 49,307 units by the end of 2020. Overall private residential properties’ prices could increase by up to 5 per cent this year, Mr Lee predicted.

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