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Seven palms sentosa cove

makapaaa

Alfrescian (Inf)
Asset
<TABLE border=0 cellSpacing=0 cellPadding=0 width=452><TBODY><TR vAlign=top><TD>Property
</TD></TR><TR><TD vAlign=top width=452 colSpan=2>Published October 8, 2009
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</TD></TR><TR><TD vAlign=top width=452 colSpan=2>SEVEN PALMS SENTOSA COVE
</TD></TR><TR><TD vAlign=top width=452 colSpan=2>10 units released, 6 sold
Asking average price is about $3,300 psf or about $8.5m per unit
<TABLE class=storyLinks border=0 cellSpacing=4 cellPadding=1 width=136 align=right><TBODY><TR class=font10><TD width=20 align=right> </TD><TD>Email this article</TD></TR><TR class=font10><TD width=20 align=right> </TD><TD>Print article </TD></TR><TR class=font10><TD width=20 align=right> </TD><TD>Feedback</TD></TR></TBODY></TABLE>
(SINGAPORE) SC Global Developments yesterday said it is releasing about 10 of the total 41 units at its Seven Palms Sentosa Cove condo at an average price of about $3,300 psf. In absolute quantum, prices start at about $8.5 million per unit.

<TABLE class=picBoxL cellSpacing=2 width=100 align=left><TBODY><TR><TD>
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</TD></TR><TR class=caption><TD>Imagine: Tanjong Beach on one side, a golf course adjacent to it and the South China Sea on the other side </TD></TR></TBODY></TABLE>The upscale developer recently held private previews for the first phase and has sold six of the 10 units at an average lumpsum price of about $11 million per residence. Prices of the six units sold range from about $3,100 psf to $3,400 psf.
Standard apartments in Seven Palms range from about 2,700 sq ft to 6,800 sq ft and have three to five bedrooms. Penthouses range from about 4,000 to 8,000 sq ft. The residences are housed in three four-storey high blocks formed around a square coconut grove. 'A huge open-ended portal connects the coconut grove to the beach for physical and visual access. Under this portal is a luxuriously-appointed beach club, complete with storage for water sports equipment, a glass-walled gymnasium, and plenty of deck areas for lounging, yoga, catered events, or just doing nothing,' SC Global said in its news release.
It will be developing the project on a 99-year leasehold plot flanked by Tanjong Beach on one side, a golf course adjacent to this and the South China Sea on the other side.
'To step out of your residence and walk directly onto the beach is truly unique in urban Singapore. I have spent much time on site over the past year appreciating this unique and rare location and working diligently to create something befitting of this special site,' said SC Global chairman and CEO Simon Cheong.
The company also said the name Seven Palms derives from its estate management arm, Seven Palms Resort Management, which has been providing resident services to all the group's completed developments since 2002.


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ahleebabasingaporethief

Alfrescian
Loyal
Everyone should take all these "PRESS RELEASE" of SOLD OUT projects with a HUGE pinch of salt.

This is a dirty trick used by developers since the mid 1990s

How often have you heard that projets are sold out only to learn that up to 10 years later, the developers still have plenty of units for sale.

The latest project that was SOLD OUT years ago SUDDENLY have units for sale again is THE CARIBBEAN. I was laughing when I saw the ad in the papers last week.

Isnt this project sold out years ago? ny property people here?
 
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