Despite the slowdown in the property market, a penthouse unit of The Sail @ Marina Bay was sold for close to S$15.5 million last month.

The unit, which sits on the 63rd floor, takes up the entire level and measures 5,834 sq ft – almost equivalent to six units of four-room HDB flats. The leasehold unit was sold for S$15.463 million, translating into S$2,650 psf and recording the highest transacted price at The Sail.

Besides a 360 degree view of the Marina Bay area, the penthouse comes with a lap pool, private terrace and four bedrooms.

The Sail will be the tallest residential development in Singapore when completed this year. It comprises another tower of 70 floors and a total of 1,111 units.

Next door at the leasehold Marina Bay Residences, a larger penthouse was sold for S$26.9 million or S$2,446 psf in late 2006.

The current highest transacted price in Singapore is S$28.27 million for a 5,048 sq ft private apartment at The Orchard Residences. The leasehold unit, which sits on the 53rd floor, was sold for approximately S$5,600 psf last year.

Over at The Marq on Paterson Hill, a 19th floor unit was sold for S$31 million but at a lower psf price of S$5,100. The freehold unit was also sold last year.