Seven Palms Sentosa Cove units sold at record prices

Seven PalmsMainboard-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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