Category Archives: Developers

Seven Palms Sentosa Cove units sold at record prices

Posted on 7 Oct 2009 | Comments Off on Seven Palms Sentosa Cove units sold at record prices

Mainboard-listed high-end property developer, SC Global, said on Wednesday it has sold six units of its project at Sentosa for record prices.

The units of its Seven Palms Sentosa Cove development were sold at an average price of about S$11 million per residence, with prices ranging between S$3,100 and S$3,400 per square foot.

These are higher than the previous peak of about S$2,734 per square foot for a condominium unit at Sentosa Cove.

SC Global said it released about 10 units of the 41 available in the first phase of its sales through private previews.

Located at the southern-most end of Sentosa Cove, the development stands on an area of about 114,000 square feet.

The four-storey development features three, four and five bedroom units ranging from about 2,700 to 6,800 square feet.

Penthouse units are on the 4th storey and come complete with a private roof terrace, a 10-metre lap pool, and views of the sea, the beach lagoon and the Sentosa golf course. The penthouses range from 4,000 to 8,000 square feet in size.

Source : Channel NewsAsia – 7 Oct 2009

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Posted in Developers, Property Price, Sentosa Property

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Ho Bee prices Trilight at $1,650 psf

Posted on 7 Oct 2009 | Comments Off on Ho Bee prices Trilight at $1,650 psf

Far East sells 12 units at Alba in Cairnhill at average $2,300 psf

HO Bee Investment will preview its Trilight condo at Newton Road this week at an average price of about $1,650 per sq ft, the group’s chairman and CEO Chua Thian Poh told BT yesterday.

Ho Bee will not offer an interest absorption scheme (IAS) for the 30-storey freehold condominium project, located on the highest point in the Newton area.

The $1,650 psf average price will be for an initial batch of 60 units. The condo will have a total 205 units, up from 152 planned initially. The increase results from Ho Bee’s decision to introduce two-bedroom units and reduce the number of four-bedders. Previously Trilight had only three- and four-bedroom apartments.

The latest scheme comprises 104 two-bedroom units ranging from 1,109 to 1,227 sq ft; 74 three-bedders in two sizes (2,099 and 2,110 sq ft) and 24 four-bedroom apartments of 2,336 sq ft. Trilight will have three penthouses – two units of 5,200 sq ft and one of 5,800 sq ft.

The typical two-bedder will cost under $2 million. CB Richard Ellis and DTZ will market the project. Continue reading →

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Posted in Developers, New Launches, Property Market / Real Estate, Property Price

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