Tag Archives: Sentosa Cove

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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Local projects garner global accolades

Posted on 24 Sep 2009 | Comments Off on Local projects garner global accolades

Singaporean developments put up a respectable showing this year picking up regional and international awards

REAL estate companies in Singapore and the rest of Asia are now placing greater emphasis on winning awards that give their projects – as well as the developer the award-winning properties are associated with – an international stamp of quality.

Top quality: (From above onwards) The Quayside Isle Collection at Sentosa Cove, Mapletree Business City and Far East Organization’s Orchard Scotts are just some of the projects that have done Singapore proud

One of the most prestigious international awards a developer can win for his property is the FIABCI Prix d’Excellence. FIABCI is the French acronym for the International Real Estate Federation, which organises the annual Prix d’Excellence to recognise excellence in property development.

Singaporean projects put up a respectable showing this year. Orchard Scotts, by Far East Organization, came up tops in the residential category, while Newton Suites, by UOL Group, took second spot. The St Regis Singapore, by City Developments, Hong Leong Holdings and TID Pte Ltd, won in the hotel category.

Entrants are evaluated on five criteria: global concept, architecture and design, development and construction, community benefit and environmental impact, and financials and marketing. The FIABCI award is especially prized as a project has to do well in all five categories to win acclaim.

Singapore developments have performed well in the FIABCI competition over the past few years, ever since City Developments’ Republic Plaza became the first project to bag the FIABCI Prix d’Excellence overall winner prize in 1997. Other top winners over the years include Suntec City, Prudential Tower, Caribbean at Keppel Bay, the Esplanade Theatres on the Bay, 1 Moulmein Rise and One Raffles Quay. Continue reading →

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Posted in Developers, Luxury Property, Property Market / Real Estate, Sentosa Property

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