25 Mar '11, 3am

Rumours that a buyer walked away from his $500k deposit for a $36m Sentosa Cove bungalow appear unfounded

Rumours that a buyer walked away from his $500k deposit for a $36m Sentosa Cove bungalow appear unfounded

Rumours that Mr Shen Bin forfeited the $500,000 deposit for the bungalow in Paradise Island on Sentosa Cove (above), due to the hefty price tag, appear to be unfounded. --ST FILE PHOTO RUMOURS that a buyer walked away from his $500,000 deposit for a posh bungalow after he got cold feet over the $36 million price tag appear unfounded. The title deed shows that Mr Shen Bin - a Chinese national and a Singapore permanent resident - remains the owner of the 14,983 sq ft plot on Paradise Island in the northern part of Sentosa Cove. Read the full story in Friday's edition of The Straits Times.

Full article: http://www.straitstimes.com/BreakingNews/Singapore/Story/...

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