Supersized penthouse at The Arc at Draycott for $43.8 mil

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A rare penthouse located in the prestigious Draycott-Ardmore Park enclave is now on the market. It was created by amalgamating two penthouses and offers 360-degree city views.

Amalgamating two apartments, or a penthouse and a typical unit, is not unheard of. What is rare is amalgamating two penthouses in a luxury condo. But that is exactly what an owner did a decade ago at The Arc at Draycott.
The 58-unit, high-end condo was developed by BS Capital and launched in October 2005. There were only two duplex penthouses in the 36-storey residential tower at The Arc at Draycott. Both penthouses had a strata area of 4,144 sq ft each and were a mirror image of each other. They spanned the 35th and 36th floors of the tower, which was completed in 2008.
The amalgamated 8,299 sq ft penthouse at The Arc at Draycott has unblocked views towards MacRitchie Reservoir (Pictures Credit: List SIR)
The owner, believed to be a foreigner, purchased one of the penthouses shortly after it was launched, and paid $7.25 million ($1,749 psf) for it, according to a caveat lodged in December 2005. Four months later, he bought the second penthouse from the developer, paying $7.5 million ($1,810 psf) for the unit.

Two in one

Subsequent to the purchases of both penthouses, the owner proceeded to obtain the approvals needed from the relevant authorities to amalgamate the two penthouses into one and to reconfigure the property. He spent about US$1.5 million in reconfiguring and planning the space of the unit, including relocation of cabinets and wardrobes as well as rewiring and putting in a Bang & Olufsen sound system in the rooms. Including construction, interior design and fitting out the apartment with customised furniture from B&B Italia, the owner is said to have spent about US$3.5 million in total.
The result is an 8,299 sq ft, seven-bedroom, uber penthouse. On the first level is a spacious living...