Rare find: Sentosas Cove Ways lux five-bedroom bungalow, once a town, now for sale at $18.6 million
A five-bedroom bungalow along Cove Way in Sentosa Cove will be up for auction on March 21. This is a great opportunity to own a luxurious property at an affordable price. The bungalow is being sold by its current owner and has a guide price of $18.6 million. It boasts a spacious 6,786 sq ft plot and has a stunning view of the marina waterway and nearby bungalows on Pearl Island and Sandy Island. The house also features a private swimming pool, a basement, attic, and parking space for four cars.
This magnificent bungalow is positioned along one side of the house, with the pool stretching from the side to the back. The first floor of the house is equipped with floor-to-ceiling windows, providing a panoramic view of the pool and surrounding areas. It includes a dining area, kitchen, and an en suite bedroom. The second floor consists of the remaining bedrooms, including an en suite master bedroom and a dedicated family area.
The house is located at the end of Cove Way, in a cul-de-sac shared with six other bungalows. This section of Cove Way is also home to the main entrance of the 151-unit Seascape, and beside it is the 302-unit Cape Royal at 25 Cove Way. The bungalow will be auctioned on March 21st, so don’t miss this opportunity to own a stunning property in Sentosa Cove.
The bungalow was previously sold for $13.68 million ($2,016 psf) in 2010, according to resale caveats. Recent data shows that no other bungalows in this stretch of Cove Way have been sold in recent years. Most bungalow resales on Cove Way have been near Cove Drive. For example, 6 Cove Way was sold for $20 million ($2,268 psf) in May 2023, and 4 Cove Way was sold for $18.4 million ($2,057 psf) in March 2022. Along Cove Drive, the most recent sale was 102 Cove Drive at $14 million ($1,782 psf) on March 2, 2023. Additionally, 104 Cove Drive was sold for $17.4 million ($2,210 psf) on Feb 28, 2023.
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Sentosa Cove is the only enclave in Singapore where foreigners can purchase bungalows. However, with recent price adjustments, locals have also taken the opportunity to acquire properties there. These bungalows offer a luxurious lifestyle with ample amenities, including residential facilities and dining options at the nearby One15 Marina Club. Stay ahead of the game and bid for this beautiful bungalow in Sentosa Cove, a former la ville enbloc, on March 21st.