Shun Tak makes a splash in its Singapore property debut, selling a duplex penthouse at Park Nova for a record US$26 million

Shun Tak Holdings, one of the flagship companies controlled by the clan that dominates Macau’s gambling industry, has smashed Singapore’s price record for luxury homes with its high-profile entry into the city state’s high-end property market.Park Nova, a collection of 54 large apartments in a high-rise tower about 10 minutes walk from the Orchard Road shopping centre, set a record when a penthouse measuring 5,899 square feet (548 square metres) sold for S$34.38 million (US$26 million)…

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