Hot Deal: Buy a Sentosa bungalow, drive off in a Lamborghini Huracán

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The prestigious charm of Sentosa, which has been widely known as Singapore’s premium waterfront residential precinct, has recently been overshadowed by series of distressed and tormenting sales transactions at a couple of Sentosa condos (such as Turquoise Sentosa, W Residences Singapore etc) since July.

Apparently, Mr Bruce Lye, property agency SRI‘s managing partner decided to do something different, hoping to entice property buyers back into purchasing Sentosa Cove houses. Instead of just marketing and trying to sell this luxury bungalow at 28 Cove Way, Sentosa like any other realtors, Bruce has thrown in a “deal sweetener” by packaging the sale of this bungalow together with a lustrous new Lamborghini Huracán (which worth S$1.028 million).

Although this car doesn’t include a Certificate of Entitlement (approximately worth S$59,889 to-date), it’s still a very attractive proposition, even to the rich and famous.

Sentosa Cove Houses 28 Cove Way

According to reports, the owner spent approximately S$4.5 million to construct this house and incorporated ‘feng shui’ elements within the house itself. It was also noted by Bruce that the feng shui master who provided consultation to the owner, said that this was the best housing site as it features like a grabbing hand.

In another words, it also meant that the owner of the bungalow will also get to enjoy a 180-degree waterfront view. The bungalow at 28 Cove Way was famously crafted by MKPL Architects and completed in year 2010. Despite the brilliance of the home and its location, the owner has never moved in for the past 5 years. And because he is a foreigner, he was not permitted to lease out the property either.



Check out the official video of the Lamborghini Huracán
 

Being appointed as the exclusive agent, SRI5000 has put in extra efforts to reinvigorate the house and stage it for sale, by engaging an architect to plan for a whole new 4,000-sqft extension to the current built-up area 4,143-sqft. This can be an alluring option for property buyers who wants a bigger home.

As mentioned by Bruce, the house was last valued at S$19 million in 2014 and as of now, it has a reasonable market value of approximately between S$16 million to S$17 million. Then again, this house is being priced below the given valuation, at only S$14.8 million (or S$1,836 psf). If the potential buyer prefers a monetary discount than having the Lamborghini Huracán, they are still open to negotiation.

Here’s a little more on the inside of this amazing Sentosa Cove bungalow. It’s a 2-storey detached house which comes 4 bedrooms (the master suite on 1st level and 3 other en-suite bedrooms on 2nd level) in total, a separated dining and living area, together with a dry and wet kitchen. On top of these, the bungalow also comes with a private home lift, a pond filled with 88 koi fishes and an infinity swimming pool looking over the waterway.

28 Cove Way Sentosa Bunglow Entrance
Artist Impression of Main Entrance of 28 Cove Way Sentosa Bungalow. Source: MKPL Architects

 

The exterior of the bungalow is even more impressive as it’s structured with chengal wood. The entrance’s featured wall alone cost S$500,000 as it’s being made by filling a rubber form mould (which was constructed in Germany) with concrete. On top of that, all the walls of the bungalow are protected from discoloration, fungus or stains by applying a layer of sealant to them.

28 Cove Way Sentosa Bunglow Architecture
Artist Impression of 28 Cove Way Sentosa Bungalow Interior. Source: MKPL Architects

As for flooring, the first level of the bungalow has been laid throughout with marble slabs (1.2 metres by 1.2 metres) from Italy. Kitchen counter tops are made of granite and accompanied by appliances and bathroom fittings by Miele and top-notch German brands.

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