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The biggest penthouse unit at Park Nova, a new luxury freehold condo located at 18 Tomlinson Road, has been sold for a staggering S$34.4 million.

Park Nova boasts three penthouses, all located on the top-most floors. There are also 2- to 3-bedroom units with study, and 4-bedroom units.

On the 14th floor is a sky garden, hot spa, an outdoor deck, lap pool and jacuzzi.

Duplex penthouse sold for S$34.4m

Sales for Park Nova began at 2pm on May 7 for the duplex penthouses, Edgeprop reported. Bookings for typical units started from 7pm.

By the end of the evening, five units had been sold: two 5-room penthouses as well as three other 4-bedroom units. All the 4-bedroom units were sold above S$14 million.

The smallest penthouse of 3,229 sq ft was sold for over S$17 million.

The biggest 5-bedroom penthouse, at 5,899 sq ft, had garnered interest from more than one party, Head of luxury at PropNex, Dominic Lee told Mothership.

Lee explained that the sale will be decided via balloting if there is a contest for a unit.

However, in the end, only one buyer prevailed as one of the interested buyers decided to go for another penthouse instead.

Lee shared that all the buyers of the five units are ultra-high net worth individuals, who are foreigners.

He was also quoted by Edgeprop saying that price was "no object" for these buyers, who zoomed in on the best units (i.e. the largest units on the topmost floors) of the property.

Top photo via Shun Tak Holdings.