Sentosa Cove inviting bids for 6 seafront bungalow sites

Sentosa Cove is launching six seafront bungalow land parcels for sale this Saturday.They are part of its gated Southern Residential Precinct.The sites range from about 750 square metres to over 1,700 square metres.

Sentosa Cove has set the minimum reserve price at $890 per square foot.

Earlier this month, it had sold six seafront bungalow parcels for between $942 and $1,130 psf.

Sentosa Cove has also launched its final two islands to developers in what is known as ‘The Island Collection’.

It says 19 luxury villas can be developed on each island.

The two islands are also located in the gated Southern Residential Precinct.

Developers can bid for Sandy Island alone, or for both Sandy and Pearl Islands.

The two islands have a total land area of 28,352 sqm, and a minimum reserve price of $403 psf.

Sandy Island alone has a land area of 13,512 sqm, with a minimum reserve price of $410 psf. 

Source: Channel NewsAsia, 31 October 2006

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