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Why You Should Really Buy A US$47million Penthouse In Singapore (If You Can Afford It)

A recent property report by Billionaire.com, "The Top 10 Most Expensive Penthouses In The World" listed one of our very own, at No.8 on the list, alongside the usual suspects in New York City, London and Monaco. If you haven't heard, its just a measly US$47 Million, small change when you consider No.1 on the list was One Hyde Park in London at an eye popping $227Million.

Probably the 1st ever in Singapore to make it onto the pre-ultimate global list of the super rich, Clermont Residences, perched atop the 951-foot-high Tanjong Pagar Centre, designated to be Singapore's tallest building when completed in 2016, is designed by Skidmore, Owings and Merril, one of the premier architecture firms in the world I understand. The Super Penthouse, one of its kind ever in Singapore, boasts 14,500 square feet of lavish space and promises a spectacular 360 degrees view of the cityscape. What's more, it comes with 24-Hr Concierge service and a private elevator. Located in the heart of Singapore's prestigious Central Business District, Clermont Residences has a location that is truly second to none.

It is perhaps none too surprising given the fact that the developer himself is a billionaire, the Malaysian Quek Leng Chan, owner of the developer Guocoland. Some industry insiders have even suggested that the Super Penthouse was designed for his own use, so that in ever the scenario that it wasn't sold when completed, he would buy it for himself.

What goes then into the price tag of $47Million? And if you are a billionaire somewhere around the world and reading this, should you buy this to add to your collection? Lets see...

First off, the price. At only US$3241 Per Square Foot (Translated into Sing$4213), this penthouse doesn't even come close to the priciest PSF price ever paid for a residential property. That honour goes to The Marq At Paterson Hill, a mind boggling $6850PSF was paid in 2011 for the 2950sqft property in Paterson Road, Off Orchard Road. Units at The Marq and Orchard Residences have periodically surpassed $5000PSF since they were launched for sale.

Would you be assured if what you bought was crafted and designed by 2 of the biggest brands in their class? Skidmore, Owings and Merril, the architecture firm behind the mega project, has built more than 5 of the world's tallest buildings, including the current record holder, Burj Khalifah. SOM has completed over 10,000 projects in more than 50 countries around the world, including many of the major cities such as Birmingham, London, Seoul, Nanjing, Nanjing, Warsaw, Dublin and Lisbon. How about your interiors being designed like a 5-Star hotel? The development helms the Clermont brand, a luxury hotel brand by global hotel chain operator GLH Hotels Management (UK) Limited, a subsidiary of the developer, Guocoleisure Limited. GLH. is the largest owner operator hotel management company in London with over 4,000 hotel rooms. It currently has thirty-six hotels with a total of 8,279 hotel rooms and 337 meeting rooms across the United Kingdom. GLH manages the well-known Thistle brand of hotels and operates The 5-star Royal Horseguards Hotel (renamed The Clermont London), The Grosvenor Hotel, among others. Clermont Residences Singapore brings together the expertise of these 2 global brands in one iconic project. Now that's assuring...

If there's one thing a billionaire needs to shell out $47m for an apartment, it's the need to feel special and pampered. Forget about concierge service! Even Ritz Carlton Residences has that! Private lift and pool? Nah... too common. How about the feeling of walking on air? Now that's special... Featuring for the first time ever in Singapore, Glass Bottom Cantilevered Balconies create the exact sensation. Enjoying the spectacular view from Singapore's only glass observation AirDecks at Apex is well and truly worth all the money in the world. Hope you are not salivating in your mouth at that prospect already.

Our next point brings us to the highest point (Literally) of the entire Singapore. At 290m above sea level, when you look out onto the city lights from your extremely high vantage point in the future, be mindful of the fact that you may well be owning the highest ever apartment in Singapore for many many years to come. Height restrictions were set at 280m but somehow, the developer has attained special permission to build an additional 10m higher, meaning the future penthouse will be above current tallest buildings in Singapore, UOB Plaza, One Raffles Place and Republic Plaza. This may well be a one-off as Guoco Tower or better known as Tanjong Pagar Tower was conceptualized by the Government of Singapore more than 15 years since the last Mega 280m building was constructed. Now that's like hitting the Jackpot alright!

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Architecture Wonder in Singapore

Architecture in Singapore has been influenced by different countries in the style and design of buildings may be for commercial, political and religious purposes. Many a time buildings new and old, whether they are brand new or more than a hundred years old have been designed by architects that are from either neighboring or distant countries.

Numerous buildings also have architecture rooted in European architecture due to the fact that Singapore was once ruled by the British. Britain herself built magnificent and opulent buildings in her own country which were designed by architects form other parts of Europe or local architects who were influenced by architecture from other European countries.

The British made it a point to invest heavily on building lasting and majestic looking buildings to reflect on the glory and power of the British Empire. The British were rather fond of buildings that had interiors with large grand spaces, normally clad in marble. One such building is the former Supreme Court building, which was completed in 1939, just 3 years before World War II came to Singapore. The British colonial government spared no expense in building it. They commissioned an Italian architect by the name of Rudolfo Nolli to design a building reflecting its purpose.

Nolli drew up about 4-5 different plans for the new building, of which only one would be accepted. He was one of the few architects in Singapore at that time that used a revolutionary type of building material. It was known as pre-cast concrete. The new building he designed was consisting of a row of pillars and pediments that needed to be sound in structure. It is also due to the fact that the ground on which the former Supreme Court building stands on is consisting of sea soil. Sea soil is very soft and is unable to take to tremendous weight of any structure that is made of stone. Weather conditions were also put into consideration as the unsuitable building material not matching the local climate could cause the building to collapse or decay after a short while. A wooden building was definitely out of the question as although the soil would be able to take the weight of it, the building would not be able to last for more than 10 years.

Rodolfo Nolli had a pre-cast concrete factory in which he personally supervised the shaping and molding of the capitals, the fluted columns, the lions' heads that act as rain water stoops and the statues that decorate the interior of the central main pediment. There are many more features of this beautiful and stunning looking building. At the top of the building's portico are scenes depicting the founding of modern Singapore with Stamford Raffles signing the treaty in which Singapore was ceded to the British East India Company by the Sultan of Johore. Shown in this depiction also is the Sultan's right-hand man, Temengong Abdul Rahman. Another depiction shows Chinese immigrants in their daily life. In this same depiction is also shows Indian and Arab traders selling their goods. The crowning glory of the whole structure is the building's Renaissance styled dome and the central pediment. The dome is designed on a very similar pattern like that of the Saint Paul's Cathedral in London, United Kingdom.

As for the central pediment, it boasts about 7 pre-cast concrete statues, which depict Justice in the centre and other symbols depicted in human form connected with law. One rather interesting statue that note worthy is a female statue more to the left in the pediment that is shown to be thanking Justice. Rudolfo Nolli was an architect that was rather passionate when it came to sculpting this statue. He needed a human model to depict to human emotion needed for this statue. He decided to ask his very own daughter to model for his statue and she agreed. Imagine the creativity and passion this architect had for his work! Thanks his passion, Singapore now boasts of a fine and prestigious building that she can truly be proud of. The former Supreme Court building along the Padang is one of the buildings built over time that truly gained recognition in the eyes of the beholder.

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Singapore Accommodation - 5 Boutique Hotels in Singapore

There is much more to top interior designers in Singapore then hotels in high-rise buildings. Although these hotels provide stunning views of the city, you may want a little more character.

Singapore has a host of boutique hotels that capture the mould the history and future of this modern metropolitan city. Boutique hotels are excellent alternatives to the big brand hotels and often cater to less than 100 guests. They are close to main tourist attractions and bring you a new funky experience.

Below is a list of the top 5 alternatives when looking for Singapore Accommodation.

Wangz Hotel - Outram Road Wangz Hotel is a sleek and stylish 41 room hotel that combines elegance and functionality. The walls, upholstery, and bedding lend a striking backdrop to the floral and nature-inspired artwork and wall features. It's really close to the bustling China town and is characterized by its barrel shaped architecture.

Hotel 1929 - Keong Saik Road A former converted shop house is the main attraction at 1929 that boasts roof top hot tubs and a suburb restaurant. The exterior is traditional and the interior is modern - a key haunt for traveling hipsters!

New Majestic Hotel - Bukit Pasoah Road The New Majestic is a 30 room hotel with each room individually designed by a local artist. The interior fuses traditional heritage with breakthrough design. There is even a Mirror Room!. The New Majestic can be found in the heart of Chinatown.

Klapsons - How Chiang Road Situated off Tanjong Pager (close to the museums!) is Klapsons. Klapsons is all about celebrating the singular, about being chic and fresh. Stunning architecture and furniture that is a real talking point makes this an ideal spot to enjoy the city.

The Scarlett - Erksine Rd Winner of Singapore's 2008 Best Accommodation Experience, The Scarlet takes every guest on a journey that assaults all the senses. Each of their 5 suites has been designed to take in its own personality and is situated in the heart of the city.

There is so much more to Singapore then the generic high-rise buildings. Hopefully these have given you an idea of what is available - this is only the tip of the iceberg!