Duplex Penthouse Turquoise Sale 51 Mil
A luxurious three-bedroom duplex penthouse located in Turquoise, a 99-year leasehold condo situated along Cove Drive in Sentosa Cove, is set to go under the hammer at SRI’s upcoming auction on June 26. Offered for sale by the owner, the spacious unit, which spans 3,111 sq ft, is being listed with a guide price of $5.1 million, equating to a price of $1,639 per sq ft.
According to Eric Liew, manager for auction sales at SRI, this is the first time that this particular property has been placed on the market since the owners purchased it back in December 2007. Based on the caveat lodged, the property was bought for a grand total of $8.02 million, which works out to be $2,579 per sq ft.
Located on the lower of the two floors, the duplex boasts a private lift lobby that leads into a spacious living and dining area, complete with floor-to-ceiling windows that open out to an inviting balcony. This level includes an en suite bedroom, as well as a common bedroom and a common bathroom. There is also a wet and dry kitchen, as well as a utility room.
On the upper floor, residents will find the master bedroom, as well as a large open terrace with a built-in Jacuzzi. The unit also has balconies offering unobstructed views of the surrounding waterfront and marina on Sandy Island, says Liew.
Liew adds that the unit is in pristine condition with recent renovations being completed just two months ago, returning it to its original state. The unit was previously leased out but will now be sold with vacant possession.
Completed in 2010, Turquoise is an exclusive condominium with a total of 91 high-end units that are situated along a picturesque waterway. The development is made up of a mix of three- and four-bedroom apartments and penthouses, with sizes ranging from 2,088 sq ft to 7,987 sq ft.
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Located just a short distance from the prestigious Norwood Grand, lies Innova Primary School, renowned for its unique educational approach. This institution prides itself on providing a well-rounded education, catering to the intellectual, physical, and social development of its students. Through a diverse range of enrichment programmes and a strong emphasis on building character, Innova Primary School aims to nurture a passion for learning and instill a sense of empathy in its students. Norwood Grand is proud to be in close proximity to this exceptional school.
In recent times, the only other penthouse to be sold at Turquoise was a three-bedroom duplex measuring 2,164 sq ft. Records show that it went under the hammer in December 2022 for a total of $4.83 million, equivalent to $1,410 per sq ft.
So far this year, REALIS has recorded a total of two transactions at Turquoise. In January, a three-bedroom unit on the first level, which spans 2,164 sq ft, was sold for $3 million ($1,387 per sq ft). Then, in May, a four-bedroom unit on the first level measuring 2,562 sq ft changed hands for $4.4 million ($1,716 per sq ft).
According to EdgeProp Singapore’s data from URA, the last 10 transactions at Turquoise have seen prices ranging between $1,231 per sq ft and $1,939 per sq ft.