Sentosa Cove invites offers for 4 bungalow land parcels

If you fancy seafront living on Sentosa, time is running out for you to snare a prized plot of land there.

Sentosa Cove has started inviting offers for one of the final batches of seafront bungalow parcels available in the gated Southern Residential Precinct.

The four bungalow land parcels that are on offer are literally located at the edge of the water.

These land parcels range in size from 904.1sq m to 993.3sq m. With a maximum permissible gross plot ratio of 0.77, the maximum permissible gross floor area for the land parcels could range from 696.2sq m to 764.8sq m.

Twenty-one of the 29 prime seafront bungalow land parcels available in the Southern Residential Precinct have already been released and sold.

To date, more than 83 per cent of Sentosa Cove land has been sold, and around 70 families have moved into their new homes in the exclusive residential enclave.

The current benchmark price for a seafront bungalow land parcel stands at $1,308 per square foot (psf). This record was set in October last year.

The parcels on offer have a minimum reserve price of $1,000psf. Interested parties would have to submit their offers by May 22. The decision on the sale will depend solely on price.

Source: Weekend Today, 12 May 2007

Email [email protected] for more information.

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