>

JUST SOLD: Sentosa Cove luxury condo sold above $3,700 psf

By Tan Chee Yuen

/ The Edge Property |

April 14, 2016 3:14 PM SGT

A 4,241 sq ft luxury condominium unit at Seven Palms Sentosa Cove changed hands for $15.78 million, or $3,721 psf in March 2016. This marks the second highest per square foot (psf) transacted price in the project.

The most expensive transaction in psf terms took place in 2014. It involved two adjacent units on the third floor with a combined area of 6,910 sq ft, which fetched $28.55 million, or $4,131 psf. Prices at the development have never fallen below $3,000 psf based on historical transaction.

Seven Palms Sentosa Cove is a 99-year-leasehold condominium project by SC Global Developments.

Median price of non-landed property in Sentosa Cove fell 8.7% from $1,670 psf in 2013 to $1,525 psf in 2015. The number of transactions inched up from 24 in 2013 to 26 in 2015.

Seven Palms Sentosa Cove is a 99-year-leasehold condominium project by SC Global Developments. The 41-units beachfront condominium was completed in 2013.

Tags:

just sold Seven Palms Sentosa Cove

Follow our channels to receive property news updates 24/7 round the clock.

Subscribe to our newsletter

Top Articles

1

Emerald of Katong hits 99% sales at launch, averaging $2,621 psf

2

Kingsford sells 76% of Chuan Park units at an average price of $2,579 psf

3

Is it a Good Deal?: $1.03 million for a four-room HDB flat in District 10

4

Sim Lian Group’s Emerald of Katong: Will it be another top-seller?

5

CDL sells 20% of Union Square Residences at an average price of $3,200 psf

Our Site

Property Research

Condos

HDBs

Landed

Commercial

Industrial

Properties For Sale

Properties For Rent

Edgeprop.sg (previously known as The Edge Property Singapore) is the best property portal for real estate agents, investors, home-seekers and sellers alike in Singapore. On EdgeProp, you will be able to find the latest and hottest property news, property listings, and access tools for your research and analysis.

Whether you are looking to buy, sell or rent apartments, condominiums, executive condos, HDBs, landed houses, commercial properties or industrial properties, we bring you Singapore’s most comprehensive and up-to-date property news and thousands of listings to facilitate your property decisions. Click into any listing to check out the new AI Redesign tool to envision your property based on your preferred style, be it Scandinavian, Minimalist or many others.

Make data-driven property decisions with our easy-to-use free and paid tools. The Edge Fair Value tool lets users calculate the fair value of a property, while the En Bloc Calculator helps to determine the probability of a Singapore project being put up for collective sale. Our whole new Research tool provides you data on past transactions, price trends, and more for condos, HDBs, landed houses, commercial properties and industrial properties.

Aside from that, EdgeProp also offers a market trends tracker that lets you access historical property data, sales volume and compare how similar properties are selling, a heatmap that shows you where Singapore’s most popular property sales locations are, a HDB lease tool to calculate your HDB tenure, an affordability calculator, and property alerts to track your preferred Singapore property by project or location, as well as information on new launches.

On the lookout for undervalued property or looking to rent? EdgeProp’s powerful search filters will let you personalise your property-seeking experience – whether you are looking for a property near MRT stations, amenities like schools, or within a HDB Estate or District – so that you find exactly what you are looking for.