Kong Hee's home on sale for $10m

The luxurious family home of City Harvest Church (CHC) founder Kong Hee in Sentosa Cove has been put on the market for $10 million, reported The Straits Times.

In an online advertisement, the 11th-storey unit is simply described as: Duplex penthouse with pool/jacuzzi. Views span city, marina and sea. Full resort-style condo facilities.

While the ad does not reveal the identity of the owner, a check with the Singapore Land Authority (SLA) shows that The Oceanfront penthouse is co-owned by Kong and Indonesian magnate Wahju Hanafi.

Kong and five others are accused of misusing $50 million of church funds and falsifying church accounts to cover it up. They allegedly funnelled millions from the churchs building fund to the Crossover Project, with the aim of boosting the music career of Ho Yeow Sun, Kongs wife.

Purchased in 2007 for $9.33 million, the 5,242 sq ft duplex features a roof terrace with a huge infinity pool. It also offers views of fireworks during festivities, luxury yachts entering the marina and the city skyline, said a property agent.

The master bedroom and three other rooms can be found on the first level, while the living and dining areas boast works of art and giant crystal light fixtures.

It is understood the apartment is being marketed by more than one property agent. Several offers have been made for the unit, but none have matched Kongs asking price.

The last time an Oceanfront penthouse was sold occurred in April 2010. The 4,510 sq ft unit changed hands for $7.5 million or $1,663 psf.

Image: Aerial view of luxury homes on Sentosa Cove.

Romesh Navaratnarajah, Singapore Editor at PropertyGuru, edited this story. To contact him about this or other stories email romesh@propertyguru.com.sg

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