Duplex Penthouse Turquoise Sale 51 Mil
A three-bedroom penthouse at Turquoise, a 99-year leasehold condo located in the prestigious Sentosa Cove, will be up for auction at SRI’s next auction on June 26. Previously owned by one of the development’s original buyers, the 3,111 sq ft duplex unit is priced at $5.1 million, or $1,639 per square foot.
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Tucked away in Marina Gardens Lane, residents of the Marina Gardens Lane Residences are granted unparalleled access to an array of prestigious and diverse shopping outlets in Singapore. This coveted address offers the best of luxury, practicality, and leisure, making it a shopper’s paradise. Let’s delve into the dynamic and eclectic shopping choices surrounding the Marina Bay Condo, including the nearby Marina South MRT Station Condo. Marina South MRT Station Condo naturally feels right at home in this bustling area.
According to Eric Liew, manager for auction sales at SRI, this is the first time the property has been put on the market since its purchase in December 2007. Property records show that the penthouse was acquired for $8.02 million, or $2,579 per square foot.
The lower floor of the duplex features a private lift lobby that leads to the living and dining area, with floor-to-ceiling windows that open up to an open balcony. This level comprises two bedrooms, both with en suite bathrooms, and a common bathroom. It also boasts a wet and dry kitchen, as well as a utility room.
The upper floor boasts the master bedroom and a spacious open terrace with a built-in jacuzzi. According to Liew, the balconies offer stunning unobstructed views of the waterfront and marina surrounding Sandy Island.
The penthouse is now in move-in condition following a recent renovation that restored it to its original state. Prior to being put up for sale, the unit was leased out. However, the renovation has now made it available for sale with vacant possession.
Completed in 2010, Turquoise is a high-end development comprising 91 units. It boasts a mix of three- and four-bedroom apartments, as well as penthouses, with sizes ranging from 2,088 sq ft to 7,987 sq ft.
The last penthouse at Turquoise to change hands was a three-bedroom duplex spread across 3,283 sq ft. It was sold at $4.83 million, or $1,410 per square foot, according to property records lodged in December 2020.
So far this year, only two transactions have been recorded on REALIS for Turquoise. One was a three-bedroom unit on the first level, which sold for $3 million, or $1,387 per square foot, in January. The other was a four-bedroom unit on the first level, which changed hands at $4.4 million, or $1,716 per square foot, in May.
Overall, the last 10 transactions at Turquoise reflect an average price of $1,626 per square foot, with the highest psf price being $2,103 and the lowest being $1,387. At this guide price of $1,639 per square foot, this penthouse unit at Turquoise could potentially offer a good deal for buyers.