S P Setia sets new benchmark

An early design of the unique Sky Lounge in Sapphire By The Gardens.

PREMIER Malaysian property developer S P Setia Bhd Group will set a new benchmark for Australia’s most expensive apartment with the impending sale of a 650sq m luxury penthouse on top of Melbourne’s hottest new address, Sapphire By The Gardens.

Taking the crown of Australia’s most expensive apartment, the A$29mil (RM95.18mil) penthouse is conveniently located in the central business district (CBD) and will boast spectacular 360-degree views of Melbourne, overlooking the Unesco World Heritage-listed Royal Exhibition Building and surrounding Carlton Gardens.