Quick Overview for Interested Buyers
If you’ve been monitoring high-end real estate in Singapore, you’ll love this noteworthy transaction.
New Price Benchmark at Park Nova
In a remarkable move, the largest penthouse at Park Nova has just been sold at $38.888 million, translating to a strikingly premium $6,593 psf.
According to public filings with URA Realis, the sale was filed on Jan 21. That makes it the most expensive unit at Park Nova so far, both in total quantum and psf terms.
Historic Comparison & Top Local Records
Previously, a 4,499 sq ft penthouse at Park Nova sold in May 2021 for $26.026 million (or $5,784 psf), setting a benchmark that now stands surpassed.
For context, The Marq on Paterson Hill still holds the top spot at $6,650 psf, achieved in 2011 by a 3,089 sq ft four-bedroom unit. Even so, Park Nova’s latest sale cements its standing in the pantheon of local high-end condos.
Part of a High-Profile Collection?
Market sources suggest this penthouse might be associated to the $3 billion money laundering case, as it was reported to have sold for $34.438 million in 2021, before appearing again on the market. Either way, the caveat lodged on Jan 21 stands as the official figure.
Developer’s Sales Surge
The developer also moved a four-bedder on Dec 27, 2024, at $15.99 million, working out to roughly $5,522 psf.
| Date | Unit Size (sq ft) | Price | PSF |
|---|---|---|---|
| Jan 21, 2025 | 5,899 | $38.888 million | $6,593 |
| Jan 17, 2025 | 2,906 | $16.59 million | $5,708 |
| Dec 27, 2024 | 2,896 | $15.99 million | $5,522 |
Prime District Location & Expert Commentary
Nestled at the junction of Orchard Boulevard and Tomlinson Road in District 10, Park Nova’s freehold status and coveted address stand out. After obtaining TOP in November, the 54-unit project has lured property enthusiasts with its blend of convenience and exclusivity.
For those living locally, it’s a short stroll to Orchard’s shopping hub, from iconic malls like ION Orchard to luxury boutiques.
Parktown Residence Preview
Concluding Thoughts for High-Net-Worth Collectors
These recurring premium deals at Park Nova signal unwavering demand for Singapore’s top-tier property segment. For those watching for the next big opportunity, it’s clear that the appetite remains strong.