Fastest car in Singapore sold for $5.3 million

SINGAPORE - The Koenigsegg Agera S hypercar boasting a 420kmh top speed and a $5.3 million price tag was revealed to 200 VIPs and guests at a private launch event at the Ritz-Carlton, Millenia hotel.

Get the full story from The Straits Times.

SINGAPORE - The most expensive car in Singapore was bought by wife of investor Denis Chua, Ms Angela Tan at $5.3 million reported The Straits Times.

Not only the priciest, the Koenigsegg Agera S hypercar is also the fastest car in the island nation.

It was unveiled to 200 VIPs and guests at a private launch event at the Ritz Carlton Millenia hotel on June 14.

Hand-crafted by skilled artisans in Sweden, the Agera S model is the first Koenigsegg to zoom into Singapore. It was introduced to the global market in 2012.

The hypercar was unveiled by Motorway Group of Companies, a pre-owned luxury specialist and rental car company. Motorway also announced its appointment as the official distributor of Koenigsegg brand of hypercars during the unveiling of the Agera.

In a statement to the media, Motorway revealed that the Agera S, designed with enhanced aerodynamics, has an incredible top speed of over 400 km/h. It runs on regular petrol and comes with a newly developed 1,040 horse power twin turbo engine. The Agera S is available in left- or right-hand drive.

Present to grace the event is the founder of Koenigsegg Automotive AB, Mr Christian von Koenigsegg.

Michael Lim, Chief Executive Officer of Motorway, said: "We are deeply honoured to be the first in Singapore to present the Koenigsegg to the market. It was not an easy task to secure the production and transportation of the car. It took us more than a year to do so. Being appointed by Koenigsegg to represent them in Singapore is a perfect gift for Motorway as we celebrate our 21st year of establishment this month."

"I'm also delighted to say that we have secured a buyer for the first Koenigsegg in Singapore and we are eyeing to sell more Koenigseggs in the near future," he added. In line with this, Motorway has invested in equipments and tools and training a team of dedicated mechanics for after-sales and maintenance services of Koenigsegg hypercars.

Christian von Koenigsegg said: "It is with great pleasure that we launch the first Koenigsegg in Singapore today. Today's launch means a lot to us as Koenigsegg has evolved from being a small and unknown car developer, to becoming a household name, revered for excellence and performance - competing head to head with the strongest brands in the industry."

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