We are Providing the Best Property Deals

To offer our clients access to information about the property market in a prompt and efficient manner

Property Market Updates

Singapore Property News: Delivered Directly to You

  • Home
    Home This is where you can find all the blog posts throughout the site.
  • Categories
    Categories Displays a list of categories from this blog.
  • Tags
    Tags Displays a list of tags that has been used in the blog.
  • Bloggers
    Bloggers Search for your favorite blogger from this site.
  • Team Blogs
    Team Blogs Find your favorite team blogs here.
  • Login

Bargain hunters eye Sentosa Cove and prime district properties

Posted by on in Uncategorized
  • Font size: Larger Smaller
  • Hits: 1169
  • Subscribe to this entry
  • Print

Prices of high-end condos in prime districts and Sentosa Cove have been hardest hit by cooling measures introduced by the Monetary Authority of Singapore (MAS).

One seller at the 91-unit luxury condo Turquoise located in Sentosa Cove, sold a three-bedroom unit on the fifth floor for $2.9 million—a drastic 52 per cent reduction from the original purchase price.

In the prime district, Knight Frank’s auction saw a 1,894 square feet, four-bedroom loft unit at Jardin sell for $2.9 million, a loss of approximately $400,000.

In light of falling prices, buyers have indicated strong interest in properties in districts 9, 10, and 11, hoping to purchase units in older condos located near Ardmore Park, Grange Road and the Claymore area.

Taken from iProperty

Rate this blog entry:


  • No comments made yet. Be the first to submit a comment

Leave your comment

Guest Monday, 13 July 2020