The Coast’s Management Corporation Strata Title (MCST) is taking legal action against the developer for alleged defects including termite-infested pool decking and flooded staircases at the high-end condominium.

The Coast was developed by Ho Bee Cove, a subsidiary of Ho Bee Investment. Completed in April 2009, The Coast boasts 249 units of three- and four-bedroom apartments as well as luxury penthouses, 41 private berthing facilities and views of the South China Sea. It is one of Ho Bee’s five developments on the exclusive enclave of Sentosa Cove.

In a statement to clarify media reports on the matter, Ho Bee Investment says it has received a letter from solicitors representing the MCST, demanding that the developer fix defects identified by their building experts.

The cost of rectification is estimated to be over S$2 million.

Ho Bee adds that it then hired building expert, Robinson Jones & Associates (RJA) to conduct an independent assessment of the alleged defects.

RJA found that most defects were not genuine building defects but due to fair wear and tear or lack of adequate and proper maintenance, says Ho Bee.

RJA’s view is that the cost of the rectification works as far as genuine defects are concerned would not exceed S$200,000, adds Ho Bee.

The developer also says that it has repeatedly offered to rectify genuine building defects, but the MCST had been “non-responsive and non-committal” to the offers.

Ho Bee Cove has also maintained that it is responsible and committed to the MCST to rectify the genuine defects throughout the entire process.

The developer says “Ho Bee Cove will vigorously defend the MCST’s claims as many of the alleged defects are, in their and RJA’s view, frivolous and the alleged cost of rectification is simply inflated”.

Source : Channel NewsAsia – 10 Sep 2013

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Ho Bee has denied some of the claims, said its Executive Director Desmond Woon. “We’re looking into the matter. The amount they are suing us for is not quantified yet. It’s very common to claim for defects… some claims are natural wear and tear; it’s not just the termites,” he said.

The property managers of The Coast filed papers in the High Court on July 31.

Ho Bee is represented by Mr Ling Tien Wah of Rodyk & Davidson while the homeowners are represented by Mr Edwin Lee of Eldan Law.

Court documents showed that the contractors being sued are Kim Seng Heng Engineering Construction, Architects 61 and Bescon Consulting Engineers.

Completed in April 2009, The Coast boasts 249 units of three- and four-bedroom apartments as well as luxury penthouses, 41 private berthing facilities and views of the South China Sea. It is one of Ho Bee’s five developments on the exclusive enclave of Sentosa Cove.

According to Bloomberg, Ho Bee has blamed the defects on the management corporation’s negligence and the developer said in its filings to the court that the responsibility for maintenance was handed over to the management committee in December 2010.

Residents TODAY spoke to detailed some of the alleged problems with the property.

One resident leasing a unit there, who declined to be named, claimed there were “a lot of cracks on the ceilings and walls, especially the floors”.

A 49-year-old executive who wished to be known as Jeff, and who is part of the lawsuit, said that the management committee had hired experts to assess damages to the electrical cabling system and cracks in the walls.

Damage repairs, he claimed, would amount to S$6,000 to S$12,000 per unit.

Mr Jeff, who bought his property directly from the developer about five years ago, said most owners in the lawsuit did not want any impact on the price of their property.

They voted to take the case to court without asking for a specific quantum of damages as they “only want (the developer) to fix the problems”, he added.

Ho Bee is a major developer on Sentosa Cove, with several condominium projects under its name. The residential enclave has attracted the rich and famous over the years.

In July, the Business Times reported that a company linked to Ms Gina Rinehart, Asia’s richest woman according to the Bloomberg Billionaires Index, bought two apartments on the island for S$57.2 million.

According to the Urban Redevelopment Authority’s records, two transactions were recorded on the property this year – a 3,100 square-foot unit fetched S$4.5 million in July, while a 2,024 square-foot apartment went for S$3.6 million in April.

Source : Channel NewsAsia – 10 Sep 2013

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Situated on the longest coastal stretch of Sentosa Cove, The Coast is the only condominium in this premier residential enclave to feature views of both the panoramic vista of the South China Sea and the enchanting waterways of Sentosa Cove for all units. It will provide an unparalleled setting for your abode. In fact, you’ll probably just feel as if the high seas belong to you.

The Coast comprises 249 exquisitely appointed units, giving you a wide selection of 3 and 4-bedroom apartments as well as luxury penthouses. Lavishly equipped for your every need, The Coast features full condominium facilities including a function room, a gymnasium, a lap pool, a wading pool, jacuzzi-equipped leisure pools and BBQ pits, together with thoughtfully landscaped pavilions and gardens as well as private berthing facilities – numbering a total of 41 berths for your pleasure crafts.

The building’s facades are composed of full-height glass windows, sliding mesh panels and planted ledges. The percolated effect interacts with the changing light condition of the internal and external environment to create a visual impact that is at once arresting and ethereal. The overall impression is that of a sanctum of tranquility and a pure and meditative environment that is simply breathtaking. At The Coast, your return home will be made a welcome retreat to a private universe of serenity each and every day.

Sentosa Cove – Singapore’s prestigious new address

Offering an integrated waterfront resort concept that blends residential, commercial and marina facilities, Sentosa Cove promises a living environment without equal not just in Singapore, but also across the region. Inspired by the glitzy French Riviera, it even has its own charming marina village, not to mention the cosmopolitan ONEo15 Marina Club, specifically designed to allow mega-yachts to dock – which means you’ll get to enjoy the atmosphere of a neighbourhood unlike any other you can find, one where the global elite would be glad to call home.

Only a stone’s throw away at the glistening new HarbourFront Precinct is VivoCity, Singapore’s largest retail, entertainment and lifestyle destination. And since it’s a mere 10-minute drive away from the CBD and the Orchard Road shopping belt, you’ll also enjoy convenient accessibility, together with the privacy and exclusivity you deserve.

Location : Sentosa Cove (District 4)
Tenure : 99 years leasehold
Year of Completion : 2009
Total Units : 249

Unit Types :

3 bedroom ~ 1,916-2,056sqft
4 bedroom ~ 2,336-2,626sqft
3 bedroom penthouse ~ 3,035-3,186sqft
5 bedroom penthouse ~ 3,488-4,036sqft

From sun-kissed beaches to naturally deep aquamarine waters, from a world-class integrated resort that will incorporate a casino as well as theme parks to premier golf courses, tranquil spas, upmarket retail outlets and fine dining choices, Sentosa will soon have it all. Which means your home at The Coast also boasts excellent investment potential, in addition to having these pleasures right at your doorstep.

Contact us at info@lushhomemedia.com or +65 9631 8037 for your rental or sales needs.

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