The unfiltered view of this Penthouse before you decide if it is worth your time.
If you are a affluent own-stay buyer, right-sizer, or foreign FTA-qualified buyer evaluating the last direct-developer Penthouse at Zyon Grand, read on.
★ PROJECT SNAPSHOT
Project: Zyon Grand (Penthouse Collection)
Address: 5 Kim Seng Road
District: District 3 (Alexandra / Commonwealth / Tiong Bahru / River Valley fringe)
Developer: CDL-MFA Altair Property Pte Ltd (City Developments Limited and Mitsui Fudosan Asia Joint Venture)
Tenure: 99-year Leasehold
Total Units in Project: 706 (across 2 x 62-storey residential towers + 1 x 36-storey serviced apartment tower)
Nearest MRT: Havelock MRT (Thomson-East Coast Line) direct access from the development. 1 stop to Outram Interchange (EWL + NEL + TEL), 2 stops to Orchard, 4 stops to Marina Bay
Estimated TOP: Q3 2032
The Unit: Absolute last Penthouse direct from the developer, 5 Bedroom Penthouse with Private Lift, 2,756 sqft, single-floor plate, from $11,000,000
★ THE HONEST CASE FOR THIS PENTHOUSE
1️⃣Single-Floor Plate at 2,756 sqft: Most buyers shopping in this size and price bracket default-assume Penthouses mean duplex layouts with internal staircases and wasted private terraces. This Penthouse is a single-floor plate, no internal staircase eating into floor area, no fragmented spatial flow between levels, no awkward duplex geometry. The full 2,756 sqft lives as cohesive, single-level luxury, which is genuinely friendly for multigenerational households, entertaining, and mobility-impaired residents.
2️⃣Havelock MRT Direct Access on the TEL: The Penthouse benefits from the same direct MRT access as the rest of the development. Havelock is one stop from Outram Interchange (a three-line MRT node: EWL + NEL + TEL) and four stops from Marina Bay. For a $11M own-stay Penthouse, this level of transit convenience is rare in freehold or leasehold luxury at this quantum in Singapore.
3️⃣The CDL and Mitsui Fudosan Blue-Chip Pairing at a 62-Storey Apex: This Penthouse sits at the top of a 62-storey residential tower delivered by the joint venture between CDL and Mitsui Fudosan Asia. Both developers carry decades of premium project delivery track record, which materially matters for a Penthouse purchase held over 20+ years where warranty execution, build quality, and long-term asset management define resale value.
★ WORTH FLAGGING (THE REAL TALK)
1️⃣99-Year Leasehold at Upper Quantum: At $11M for a 99-year leasehold Penthouse, this is a legacy own-stay or long-hold asset, not a yield play. If your priority is generational freehold legacy across 100+ years, freehold Penthouses in D9, D10, or D15 are the correct alternative. The trade-off: the entry PSF at $3,991 PSF is materially below comparable freehold luxury Penthouse quantum in CCR, and the single-floor plate layout combined with direct MRT access is a combination freehold alternatives simply do not match.
2️⃣The Q3 2032 TOP Timeline: Handover is 6 years out, meaning you commit $11M today for physical occupancy in 2032. Standard pre-completion realities apply progressive payment schedule, no immediate occupancy, and market timing considerations at TOP. The trade-off: 6 years is a genuine capital planning window, letting you coordinate a clean exit from your current property, structure financing against future income, or align the purchase with generational wealth transfer timelines.
3️⃣Mega-Development Context at the Apex: Zyon Grand has 706 residential units across two 62-storey towers plus a serviced apartment tower. At the Penthouse level, you are structurally buffered from the ground-level density, but the estate itself remains a large mixed-use community. If your ideal is a boutique freehold 30-unit low-rise Penthouse with total exclusivity, this is the wrong product profile. The trade-off: extensive four-zone facilities (Arrival Sanctuary, Social Habitat, Relaxation Lagoon, Wellness Oasis) that only a mega-project can sustain, and Penthouse elevation that positions you above the everyday density.
★ WHO THIS WORKS WELL FOR
1️⃣Affluent Own-Stay Families: Buyers wanting Penthouse-scale luxury in D3 without the maintenance burden of a landed property. The 2,756 sqft single-floor layout suits multigenerational households, extensive entertaining, and residents who value spatial flow over vertical drama. The 62-storey apex position delivers view profile that lower-floor units cannot replicate.
2️⃣Right-Sizers From Landed: Local owners moving out of an oversized landed property or aged GCB who want to keep prestige addressing in a mature Singapore corridor, shed the maintenance burden, and unlock significant capital from the sale. The 2,756 sqft single-floor Penthouse delivers landed-style spatial grandeur with security, concierge, and lock-up-and-leave convenience.
3️⃣Foreigners (FTA 0% ABSD Qualified): International buyers holding citizenship from the USA (US Citizens only, Green Card holders do not qualify), or citizens of Switzerland, Norway, Iceland, and Liechtenstein qualify for the 0% ABSD remission under Free Trade Agreements. On this $11M Penthouse purchase, this represents approximately $6.6M in saved ABSD versus the standard 60% foreigner rate. This is the single largest financial argument in the listing for qualifying buyers, and materially closes the gap versus freehold alternatives at similar quantum.
4️⃣Legacy Asset Buyers Comfortable With Leasehold Structure: Families who want a Penthouse in a top-developer asset at a defined D3 address and view the 99-year lease structure as acceptable in exchange for the PSF entry point, single-floor layout, and direct MRT access. The asset profile suits multi-decade own-stay with eventual transfer to the next generation.
★ PROFESSIONAL SUPPORT FOR FOREIGN BUYERS
My desk coordinates directly with trusted Senior Private Bankers, Conveyancing Lawyers, Immigration Specialists, Singapore Family Office Consultants, and International School Enrolment Specialists. Inquiries in English or 中文 are welcome.
★ CONTACT
Contact me before booking a viewing slot. I will send you the full Penthouse floor plan (single-floor plate spatial breakdown, ceiling heights, private lift access details, room configuration), exact orientation and view profile from the 62-storey apex, comparable D3 luxury transactions for pricing context, FTA ABSD documentation guidance if applicable, and a progressive payment schedule projection over the 6-year completion window. Let's make sure the visit is worth your time.
Willy Ng | ERA Realty Pte Ltd
WhatsApp / Call: +65 9623 XXXX | WeChat: WillyNg1688
The city, from the top of the river.
Disclaimer: Visuals and floor plans are for reference only. Prices subject to change. Buyers do not pay commission.