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Briefs: Eden bulk purchase rumoured to be $300 mil; Singaporean charged for nickel scam

The Edge Singapore
The Edge Singapore3/26/2021 7:0 AM GMT+08  • 7 min read
Briefs: Eden bulk purchase rumoured to be $300 mil; Singaporean charged for nickel scam
Bulk purchase at luxury condo Eden rumoured to be $300 million and other news this week.
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Quoteworthy: "Looks like we might be here for a little bit." –— Julianne Cona, in her Instagram caption. The 400m-long ultra-large container ship Ever Given, right in front of her, is wedged sideways across the Suez Canal. Cona, who posts as “fallenhearts17”, is second assistant engineer onboard Maersk Denver, which was sailing right behind the Ever Given.

Bulk purchase at Eden rumoured to be $300 mil

Word on the street is that all 20 units at Swire Properties’ luxury condo Eden at 2 Draycott Park have been sold to a single buyer. The buyer is believed to be a Chinese family. The purchase price is said to be $300 million, which translates to $4,800 psf, according to sources. The deal is said to be brokered by Sandra Yiap, associate division head of Huttons Asia, who was formerly with Savills Residential before the two entities were merged last September. Yiap declined to comment for this story as did Huttons Asia and Savills Singapore.

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