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SG Sentosa Cove houseboat on sale for $1.38m

Property Here - Thursday, June 06, 2013

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By Nikki De Guzman:

A rare houseboat (pictured) berthed at the luxury residential enclave of Sentosa Cove in Singapore is up for sale at an eye-popping price of S$1.38 million, or around S$460 psf.

Measuring 3,000 sq ft, the boat is currently owned by a Singaporean couple and has been listed on PropertyGuru under the condominium section for about three months. 

It comprises four-bedrooms that have been opulently furnished and a fully-equipped kitchen. Owners have the opportunity to visit nearby islands which is a key selling point. 

Speaking exclusively to PropertyGuru, Ken Tan, the property agent marketing the houseboat, said its potential buyers are those looking to reside in Sentosa Cove and want a posh lifestyle “without paying a premium”. He added that the asking price is negotiable. 

With a rising trend of overpriced homes and a higher additional buyer’s stamp duty (ABSD) imposed on foreign buyers of Singapore property, more consumers are looking for alternative housing options like living on a boat. 

Image Source: http://www.propertyguru.com.sg/listing/14098367/for-sale-rare-houseboat-for-sale-sentosa-cove-




Nikki De Guzman, Junior Reporter at PropertyGuru, wrote this story. To contact her about this or other stories email nikki@allproperty.com.sg