Year's first successful auction of Sentosa Cove home sold at S$2.4m loss
Berth By The Cove penthouse is a four-bedroom unit with a floor area of 2,939 sq ft
Singapore
A TWO-LEVEL penthouse on the sixth storey of The Berth By The Cove has become the first mortgagee sale unit on Sentosa Cove to go under the hammer and be sold this year.
This took place at Edmund Tie & Company's (ET&Co) auction on Thursday. The property received five bids, and was eventually sold for S$3.25 million, or S$1,105 per sq ft (psf).
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Property
Singapore’s private home prices up 1.4% in Q1, rents drop by 1.9%: URA
OUE wins tender to lease, develop new ‘zero-energy’ hotel at Changi Airport’s T2
Singapore office rents in central region fall 1.7 per cent in Q1 over Q4: URA
Homebuyers shun new real estate in Vancouver, hurting builders
US pending home sales jump in March to hit highest in the year
Blackstone strikes US$1.6 billion student housing deal with KKR