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Thread: The Berth by the Cove (D4, 99 year leasehold, Ho Bee)

  1. #6
    Kovan
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    Quote Originally Posted by st michael
    hahaha, new launch at St michael Rd from 600psf, 999yr leasehold. Dakoda buyers are fxxking screwed now!!!!!!!!!!!
    Haha.... look at the other thread, new launch at Kovan this weekend, 500+ units, 99-year, minimum $900psf, makes Dakota Residences a steal!

  2. #7
    Fúck You Redneck
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    Quote Originally Posted by ABC
    Dow Will Sink Below 10,000: Strategist
    By CNBC.com | 02 Jul 2008 | 10:22 AM ET

    Investors should ignore recent signs of strength and face up to the fact that we will face a prolonged bear market, John Carter, president of Trade The Markets, told CNBC Wednesday.

    .........................

    "If you want to stay involved the most important thing is make sure the stock you own is trending higher vis-à-vis the marketplace."
    Fúck you redneck. Fúck off to your land of bush.
    Shemale from the US is not welcomed here.
    This is CONDOsingapore.com - not a place for your bullshit.

  3. #8
    Unreg¡stered
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    Quote Originally Posted by st michael
    hahaha, new launch at St michael Rd from 600psf, 999yr leasehold. Dakoda buyers are fxxking screwed now!!!!!!!!!!!
    Quote Originally Posted by Kovan
    Haha.... look at the other thread, new launch at Kovan this weekend, 500+ units, 99-year, minimum $900psf, makes Dakota Residences a steal!
    2 idiots talking cock here!

    Wake up! This thread is not for St Michael nor Dakota.

  4. #9
    Newbie

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    Default THE BERTH BY THE COVE photos

    Project Name-THE BERTH BY THE COVE
    Developer-Ho Bee (Sentosa) Pte Ltd(Ho Bee Group)
    Property Type-Condominium
    Tenure - 99 Yrs From 18/03/2004
    Total Units - 200
    Completion Date - Oct-2006
    District - 4

    2 bedroom (1012 - 1453sf)
    3 bedroom (1604 - 2131sf)
    4 bedroom (1873 - 2325sf)
    Penthouse (2939 - 6028sf)











    from:
    http://www.virtualhomes.sg/theberthbythecove

  5. #10
    reporter

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    Sentosa Cove penthouse sold at $2.4m loss

    The two-level penthouse at The Berth by the Cove was sold for $3.25 million at an auction on Wednesday. The last owner had bought the unit for $5.64 million in 2011.

    Mar 2, 2018

    Rachel Mui


    A two-level penthouse at The Berth by the Cove was sold for $3.25 million, or $1,105 per square feet (psf) - almost half its original value - at an auction on Wednesday.

    Edmund Tie & Company received five bids for the sixth-storey property. The last owner had bought the unit for $5.64 million, or $1,919 psf, in 2011. This means a loss of about $2.4 million, or 42 per cent.

    This transaction is the first auction sale of a Sentosa Cove property this year. It is a mortgagee sale, which means it is a sale put up by the lender, usually because the borrower has difficulty servicing the mortgage.

    According to the real-estate consulting firm, this is the fourth Sentosa Cove property since 2017 to be sold for almost half of its initial purchase price.

    In January this year, a unit in Sentosa Cove's Turquoise was sold for $3.59 million, 43 per cent lower than its last purchase price of $6.29 million.

    In March last year, an apartment in Marina Collection was sold for $3 million, or at a 42 per cent discount, while a Seascape unit was sold at $6.2 million in February last year - representing a loss of 51 per cent from its original value of $12.8 million.

    Said the firm's head of auction and sales, Ms Joy Tan: "Mortgagee sale units along this stretch of Sentosa Cove are hard to come by, given its healthy rental and resale transactions. The auctioned price of $1,105 psf is very reasonable."

    The four-bedroom unit at The Berth by the Cove has a floor area of about 2,939 sq ft, and features unblocked views of the marina, as well as the landed enclaves of Paradise Island and Coral Island.

    It comes with a double-volume ceiling in the living area, private lift access and a private spa pool attached to the master bedroom. Located along Sentosa's coastline, this condominium is also one of the few developments on the island which offer residents 25 berths for their private yachts.

    Ms Tan said: "Sentosa Cove properties are on the upward swing this past year, and we still see ready buyers looking to invest in good buys on the island.

    "We expect another five units to be placed for auction for the rest of the year."

    The next auction by Edmund Tie & Company will be on March 21.

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