In Singapore’s prime residential market, fewer than 10 units have breached the $6,000 psf mark. The latest addition to this exclusive list is a unit at Sculptura Ardmore, which now ranks as the eighth most expensive transaction in terms of price psf among all apartments and condos in Singapore.
It was achieved by a 3,326 sq ft, four-bedroom unit on the 26th floor of Sculptura Ardmore. The 36-storey luxury residential tower is located at the corner of Ardmore Park and Draycott Drive in prime District 10. The unit fetched $20 million ($6,013 psf), according to a caveat lodged on June 25. The buyer is a Singapore Permanent Resident (PR), based on Realis data.
The 34-unit freehold condo was developed by niche luxury property developer SC Global Developments, owned by property mogul Simon Cheong and completed in 2014. Designed by New York-based architect Carlos Zapata, the 36-storey tower stands out against the skyline for its four private cantilevered 15m swimming pools.
Based on caveats lodged, six transactions at Sculptura Ardmore have been sold to date. However, in 2017, the super penthouse at Sculptura Ardmore – a 10,300 sq ft duplex penthouse with a private pool and roof terrace – fetched over $60 million or $5,825 psf. That would be the second-highest psf price transacted at Sculptura Ardmore to date.
The latest transaction at Sculptura Ardmore, at $6,013 psf, still ranks it eighth among the priciest apartments and condos in Singapore to date, based on per sq ft price. The ranking is based on caveats lodged as of July 5, 2025.
The 66-unit The Marq on Paterson Hill was developed by SC Global Developments and was completed in 2011 (Photo: Samuel Isaac Chua/EdgeProp Singapore)
1. The Marq on Paterson Hill – $.650 psf (November 2011)
However, that’s not the highest transaction in terms of psf price recorded among luxury condos in Singapore to date. The all-time high was for a 3,089 sq ft, four-bedroom unit at SC Global’s The Marq on Paterson Hill, which fetched $20.542 million or $6,650 psf, in November 2011.
The 66-unit freehold The Marq on Paterson Hill was launched in June 2007 and was long held as the epitome of the ultra-luxury condo segment. A 6,232 sq ft unit on the 19th floor fetched $31.4 million, or $5,038 psf in July 2007, marking the first freehold condo where prices crossed the $5,000 psf threshold in Singapore.
The Marq on Paterson Hill is located near the One Tree Hill landed housing estate and Orchard Road shopping malls (Source: EdgeProp Landlens)
Designed by Chan Soo Khian, founding principal and design director of SCDA Architects, The Marq on Paterson Hill features two 24-storey towers. The Premier Tower offers four-bedroom units of 3,089 sq ft, while the Signature Tower features four-bedroom units of 6,232 sq ft, each with a double-volume ceiling and a private lap pool. The project was completed in 2011.
The 54-unit Park Nova was developed by Shun Tak Holdings and was completed in 2H2024 (Photo: Shun Tak Holdings)
2. Park Nova – $6,593 psf (January 2025)
At Park Nova, the largest penthouse, measuring 5,899 sq ft, fetched $38.888 million, or $6,593 psf, according to a caveat lodged on January 21, 2025. It became the second-highest all-time psf price achieved to date.
The penthouse transaction was even higher than the $34.438 million ($5,838 psf) it had achieved at launch in May 2021. The buyer is said to be a Singapore PR.
It was the biggest of three penthouses on the 20th floor of the 54-unit luxury condo developed by the Hong Kong-listed conglomerate Shun Tak Holdings, controlled by Pansy Ho, group executive chairman and managing director, as well as the daughter of the late Macau casino tycoon Stanley Ho.
Park Nova is located at the junction of Tomlinson Road and Orchard Boulevard (Source: EdgeProp Landlens)
The project was designed by London-based PLP Architects and was completed in late 2024.
Another caveat lodged on January 17, 2025, saw a 2,906 sq ft, four-bedroom unit on the 19th floor sold for $16.588 million ($5,708 psf). According to URA caveats, the buyer is a foreign national.
Marq on Paterson Hill saw two units change hands for above $6,000 psf to date (Photo: Samuel Isaac Chua/EdgeProp Singapore)
3. The Marq on Paterson Hill – $6,215 psf (August 2011)
In third place is another 3,089 sq ft, four-bedroom unit at The Marq on Paterson Hill, this time located on the 22nd floor, which sold for $19.2 million ($6,215 psf) in August 2011.
The most recent transaction at The Marq on Paterson Hill was for a 3,057 sq ft unit on the fifth floor that changed hands for $13 million ($4,253 psf) in April 2024. It was slightly below its purchase price of $13.9 million ($4,547 psf) in September 2011.
The 14-unit Les Maisons Nassim developed by Shun Tak Holdings, and was completed in 2023 (Photo: Les Maisons Nassim website)
4. Les Maisons Nassim – $6,210 psf (October 2011)
At Les Maisons Nassim, a 14-unit freehold boutique development by Shun Tak Holdings, the super penthouse of 12,077 sq ft fetched $75 million ($6,210 psf) in October 2021.
Units at Les Maisons Nassim started from 6,049 sq ft, and were sold at prices starting from $30.765 million ($5,050 psf).
Les Maisons Nassim is situated in the prime Nassim Road neighbourhood in District 10 (Source: EdgeProp Landlens)
Designed by Singapore-based WOHA Architects, Les Maisons Nassim has three 5-storey blocks. Six of the 14 units feature private sunken lap pools on their outdoor terraces. The project was fully sold and completed in December 2023.
The 190-unit Skywaters Residences is perched on the 27th to 63rd storeys of the 305m tower developed a Perennial Holdings-led consortium (Picture: SOM/Bezier)
5. Skywaters Residences – $6,100 psf (May 2024)
At Skywaters Residences, a 7,761 sq ft penthouse was sold for $47.34 million ($6,100 psf) in May 2024 — the highest psf price ever recorded for a 99-year leasehold residential development in Singapore.
A second unit – a 5,285 sq ft, five-bedroom apartment on the 55th floor — fetched 30.87 million, translating to $5,841 psf, according to a caveat lodged on June 19. Realis data shows the buyer is a Singapore Permanent Resident (PR)
Located at 1 Prince Edward Road in prime District 1 within the CBD, the 190-unit Skywaters Residences occupies the 27th to 63rd storeys of the tower. Below the residences sits the ultra-luxury Aman Hotel, spanning the 24th to 26th floors, while the Aman-branded residences are located on the 28th to 30th floors.
Skywaters Residences is part of the integrated mixed-use project that is a redevelopment of the former AXA Tower at 8 Anson Road (Source: EdgeProp Landlens)
Part of an integrated mixed-use development, The Skywaters is a redevelopment of the former AXA Tower by a consortium led by Perennial Holdings, with partners including Chinese tech giant Alibaba (which is taking the office component) and real estate group SingHaiyi.
Designed by Singapore-based DCA Architects in collaboration with global architecture firm Skidmore, Owings & Merrill (SOM), the 63-storey tower will rise to 305 metres, making it the tallest building in Singapore upon its expected completion in 2028.
Six of the 14 units at Les Maisons Nassim feature a private lap pool at the outdoor terrace (Photo: Innovez Engineering website)
6. Les Maisons Nassim – $6,057 psf (October 2022)
While the super penthouse of 12,077 sq ft fetched $75 million ($6,100 psf) at Les Maisons Nassim, the second penthouse of 11,227 sq ft went for $68 million ($6,057 psf) in October 2022.
The 20-unit Eden was developed by Swire Properties and was completed in 2019 (Photo: Samuel Isaac Chua/EdgeProp Singapore)
7. Eden – $6,024 psf (March 2021)
At Eden, a luxury condominium at Draycott Park developed by Hong Kong-listed Swire Properties, all 20 units were sold en bloc to the Tsai family, founders of the Taiwanese food and beverage conglomerate Want Want Group.
The Tsais paid $18.287 million ($6,024 psf) for the 3,035 sq ft penthouse on the 20th floor and $261.644 million ($4,789 psf) for the remaining 19 units. The two transactions brought the total to $293 million, or an average of $4,827 per square foot for the entire tower, as announced by Swire Properties on March 25, 2021.
Eden is located at the junction of Draycott Park and Draycott Drive in prime District 10 (Source: EdgeProp Landlens)
Completed in 2019, Eden was designed by award-winning architect Thomas Heatherwick of London-based Heatherwick Studio. The tower is notable for its vertical landscape of hanging gardens, with each four-bedroom apartment occupying an entire floor and spanning over 3,000 sq ft.
The 34-unit Sculptura Ardmore developed by SC Global Developments and completed in 2014 (Photo: Samuel Isaac Chua/EdgeProp Singapore)
8. Sculptura Ardmore – $6,013 psf (Jun 2025)
The latest entry on the list — and SC Global’s third project among Singapore’s priciest condos above $6,000 psf — Sculptura Ardmore reinforces the developer’s stronghold in the ultra-luxury residential segment.
Another larger unit on the 19th floor of Sculptura Ardmore was also said to be recently sold, although the transaction has not yet been lodged. According to market sources, the price exceeded the latest sale in June, both in absolute terms and on a psf basis. However, the deal is reportedly bound by a non-disclosure agreement.
This brings the total to at least nine known transactions above $6,000 psf, excluding others for which no caveats have been lodged.
Sculptura Ardmore is located at the corner of Ardmore Park and Draycott Drive in prime District 10 (Source: EdgeProp Landlens)
“The spike in transactions at projects such as Park Nova and Sculptura Ardmore is largely due to the limited supply of move-in-ready, high-quality luxury developments,” says Bruce Lye, founder and managing partner of SRI.
According to the Singapore Department of Statistics, the country’s population grew from 5.9 million in 2023 to 6.04 million in 2024. Over the same period, the permanent resident (PR) population increased by 6,336 — from 538,595 to 544,931.
“A certain percentage of these are high-net-worth individuals granted PR status under the Global Investor Programme,” Lye notes. “For them, obtaining PR in Singapore is like finding Willy Wonka’s golden ticket. Their Additional Buyer’s Stamp Duty (ABSD) drops from 60% as a foreigner to just 5% as a PR — effective immediately. As a result, many are eager to enter the property market.”
This helps explain why, despite global market uncertainties, demand remains strong for trophy assets in Singapore — particularly from foreign ultra-high-net-worth individuals who have recently secured PR status.
