Source: PropertyGuru A new record price psf of land area has been set after a Sentosa Cove bungalow was sold for S$32.5 million, or S$3,214 psf on the land area of 10,111 sq ft. The Ocean Drive property was reportedly bought by a Malaysian citizen from a Singaporean investor, Continue reading
Source: PropertyGuru Sales of bungalows at Sentosa Cove have picked up significantly in recent weeks, rebounding from the effects of the additional buyer’s stamp duty (ABSD), reported The Business Times. Owners of around 12 bungalows issued options to potential buyers in the past two months, with interest coming mostly Continue reading
Source: PropertyGuru Although the bungalow market opened the year on a quiet note, activity is now starting to look more favourable, according to a report by The Business Times. In the GCBA (Good Class Bungalow Area) segment, a two-storey bungalow located at Bishopsgate was sold for S$27 million, which Continue reading
The bungalow at Sentosa Cove sold for a record S$39 million was once owned by Deepak Sharma, Chairman at Citi Private Bank and his wife Susan Lim, a well-known surgeon, reported The Business Times. The sea-fronting property achieved the highest selling price ever for a bungalow on Sentosa Cove, Continue reading
Source: PropertyGuru After several weeks of stagnation, the bungalow market is starting to move again, as the stock market becomes more solid and the Eurozone crisis has shown improvement of late. “The market is surprisingly getting back its momentum and buyers are making offers for units which are reasonably Continue reading
Source: The Edge Good Class Bungalow (GCB) transactions in the prestigious Tanglin Hill are very rare. The most recent, according to a caveat lodged on Nov 3, was for a 21-year-old GCB on a freehold site of 34,585 sq ft. It was sold for $57 million ($1,648 psf) in Continue reading
Source: Straits Times They form biggest group of foreign purchasers there this year; many snap up landed homes. BUYERS from China now comprise the largest group of foreign buyers in the exclusive residential enclave of Sentosa Cove. In the first half of this year, Chinese buyers accounted for nearly Continue reading
Source: Straits Times $13.6 million sale price is well below estimated valuation of $17 million A LUXURY bungalow in Sentosa Cove with a grim past has been sold for $13.6 million – a bargain price, well below its valuation. A caveat has just been lodged for the sale of Continue reading
By Colin Tan, head of Research and Consultancy at real estate consultancy Chesterton Suntec International. Exclusivity is a major attraction I was asked recently for my comments on pricey homes in Singapore and my thoughts on Sentosa homes compared to those on the mainland. When I tried to explain Continue reading
Source: Business Times Top-end home sells defines gravity in a cautious property market Amid the caution that has crept into the market for mainstream condos since last month, a record price has been set for a top-end bungalow on Sentosa Cove. The property at Paradise Island changed hands in Continue reading