Overseas property buyers and investors from Singapore are among the top five Asian nationalities buying units in a new development in Boston, United States of America.
More than 70 percent of units have been sold in Millennium Tower Boston in the four months since it launched, and Singapore buyers, along with those from China, Hong Kong,Taiwan and Thailand, represent the top five Asian buying nationalities to date.
Opening next year, the 60-storey Millennium Tower Boston was conceived and designed to be the city’s most luxurious residential offering with 360-degree views of the city.
“We are thrilled with the initial sales momentum of Millennium Tower Boston and how the project has been embraced by the local community,” said Richard Baumert, partner at Millennium Partners.
“Millennium Tower Boston promises to be a significant influence, not only in the evolution of luxury living in Boston, but also in the transformation of one of the oldest established neighbourhoods in the country to a newly vibrant, energetic urban centre.”
Designed by Blake Middleton of Handel Architects, the Millennium Tower Boston will comprise 442 luxury residences with a mix of one-, two- and three-bedroom City Residences, Grand Residences and Penthouses that range in size from 821 to 12,846 sq ft.
Residences range in price from US$1.15 million upwards to US$37.5 million for a 12,846-sq ft penthouse occupying the entire 60th floor.
Andrew Batt, International Group Editor of PropertyGuru Group, wrote this story. To contact him about this or other stories email andrew@propertyguru.com.sg
