The two-and-a-half-storey bungalow faces a waterway, with a berth for a yacht. It also has a private pool. The house was first sold by its developer Ho Bee in April 2007 for $18.1 million. -- BT FILE PHOTO
A CHINESE national is believed to have set the record price for a bungalow here, forking out a handsome $36 million for a luxury home in Sentosa Cove.
The property in Paradise Island was sold last month in the resale market at $2,403 per sq ft (psf), based on latest Urban Redevelopment Authority (URA) caveat records.
The house has a land area of 14,983 sq ft and a built-up area of about 17,000 sq ft.
It is probably the most expensive bungalow in Sentosa Cove in terms of the total amount paid and its per sq ft price, going by URA's caveat records.
At $2,403 per sq ft, it is also possibly the most expensive bungalow in Singapore, property agents say.
Mr Steven Tan, OrangeTee executive director (residential), pointed out that it is also on a 99-year leasehold tenure, unlike many bungalows in prime areas in mainland Singapore like Nassim Hill and the Holland area, which are freehold.
