SRI will auction off the Seascape facility on July 20

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Hillock Green brochure

A four-bedroom-plus-study duplex penthouse at Seascape, a condo in Sentosa Cove, will be put up for auction on July 20 with a guide price of $7.8 million. The sale is by the owner and is being handled by Mok Sze Sze, managing partner of the auction house Singapore Realtor’s Inc (SRI) who is in charge of the auction.

The penthouse is 4133 square feet and the estimated price amounts to $1,887 per square foot in the floor space. “It is extremely attractively priced for a penthouse that is more than 4000 sq feet located at Seascape,” says Mok.

Hillock Green brochure offers a comprehensive lifestyle and entertainment suite with features like swimming pools, BBQ spots, and a clubhouse equipped with gym facilities.

Based on caveats filed in the past, the last time a unit larger than 4000 sq ft was sold at the building was November 2021. A four-bedroom, 4,069 sq ft apartment located on the 4th floor bought at $9.98 million ($2,453 per square foot).

The lower part of the penthouse features a large eating and living space and a huge balcony that has views of the ocean as well as wet and dry cooking areas, an exclusive sun deck and pool as well as a room for helpers as well as two bedrooms that are en-suite and an area for powder. The top floor is home to the master bedroom, that includes a study as well as an enclosed balcony with another bedroom with an en-suite. The apartment also has an exclusive lift lobby.

Mok claims that the penthouse going up for auction has been rented for a period of time, until Feb 28, 2025. the owner wants for a buyer to purchase the property in the meantime, despite the lease. This will provide the prospective buyer with an immediate income from rental.

Seascape is a 99-year leasehold condominium along Cove Way, constructed in the year 2011, by Ho Bee Land and IOI Properties Group. Ho Bee Land and IOI Properties Group also developed the luxurious condo Cape Royal right next door, which was finished in 2013.

The Seascape comprises 151 units. Seascape includes two residential blocks of eight stories that comprise the mix of three and four-bedroom apartments of 2,164 sq feet to 4,069 square feet. Also, 18 penthouses for four bedrooms with 3,380 sq ft up to 4,252 sq feet, as well as two villas with five bedrooms that span 6,631 and 9,665 sq ft, respectively.

The unit that last changed ownership at Seascape is the 3,380 square foot duplex penthouse that was purchased for $5.5 million ($1,627 per square foot) on the 28th of April. Based on caveats filed by the seller, they had bought the property directly from its developer for $9.6 million in November 2011 that is the $4.1 million loss from the deal.

SRI’s Mok says that the units at Seascape are appealing to people who want the lifestyle of a resort, thanks to its natural surroundings and the unobstructed ocean views. Mok says the location offers residents a tranquil and tranquil environment, with facilities are only within a couple of minutes. Retail and F&B services are offered in the nearby Quayside Isle, and one Degree fifteen Marina Sentosa Cove. The VivoCity shopping center at HarbourFront Walk is a 10-minute drive from the area.

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