SINGAPORE (July 3): Living above the clouds has lots of appeal, going by how nearly all of the apartments at a 319m-tall skyscraper in the middle of Melbourne have been sold. In 2015, a penthouse on the 100th storey of Australia 108, as the tower on Southbank Boulevard is called, sold for A$25 million. More recently, two remaining penthouse units on the 97th storey were being marketed here by List Sotheby’s International Realty, Singapore for A$12 million ($12.7 million) each.

Have a premium account? Sign in to continue reading.

Unlimited access to all stories from $99.9/year*

The latest reporting and analysis from business and investments to news and views on social issues.

Bonus:

  • Simultaneous logins across all devices
  • Instant access to past digital issues
  • Unlimited access to The Edge Malaysia
  • *For annual subscription plan only. T&Cs apply

Subscribe