A three-bedroom home in Seascape is for sale for $4.7 million
A three-bedroom apartment located at Seascape located in Sentosa Cove will go up for auction on the 20th of July with a suggested price that is the sum of 4.7 million. This is an owner’s auction according to Mok Sze Ming, Singapore Realtors Inc.’s (SRI) director of auctions who will be handling the auction.
The unit on the ground floor is 2,336 square feet, which means that the estimated price amounts to $2,012 per square foot in the floor space. The property has direct views of the sea and a private elevator lobby. It is currently rented out until September 2024, and the owner seeking for a buyer to purchase the property and the tenancy that is currently in place.
Seascape Seascape an 99-year leasehold condominium along Cove Way, completed in 2011 by Ho Bee Land and IOI Properties Group. They also co-developed Cape Royal, a luxury condo Cape Royal, an exclusive condo with 302 units at Sentosa Cove, which was completed in the year 2013.
The Seascape comprises 151 units. Seascape includes two eight-storey blocks of residential units comprising an assortment of four and three-bedroom homes ranging from 2,164 sq ft to 4,069 square feet. Also, 18 penthouses for four bedrooms with 3,380 sq ft up to 4,252 sq feet, as well as two villas with five bedrooms, which span 9,665 sq feet and 6,631 sq feet and 6,631 sq ft, respectively.
The most recent unit to change ownership at Seascape is the 3,380 square feet duplex penthouse that was purchased to the buyer for $5.5 million ($1,627 per square foot) on the 28th of April. Based on caveats that were lodged by the seller, the buyer bought the property directly from its developer for $9.6 million in November 2011. That’s an $4.1 million loss from the deal.
SRI’s Mok states that units at Seascape will appeal to those looking for the lifestyle of a resort, thanks to the location and unobstructed sea views. The development is close to F&B stores and retail options in Quayside Isle as well as One Degree 15 Marina Sentosa Cove. Other facilities for leisure and recreation close by include Resorts World Sentosa Tanjong Golf Course, and malls such as VivoCity as well as Harbourfront Centre. In addition, the CBD is just a 10 minute drive from the CBD.