Category Archives: Sentosa Property

Sentosa hotel on the market for S$300 million

The hotel that was formerly known as Movenpick Heritage Hotel Sentosa and is being rebranded into a Le Meridien has been put on the market. Sources say the asking price is S$300 million, although two recent valuations were done at … Continue reading

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Sentosa Cove bungalow market thaws

THERE has been an improvement in bungalow deals in Sentosa Cove lately, after a slow start this year. A bulk sale for the remaining 10 bungalows on Pearl Island, one of the five man-made islands in the waterfront housing district, … Continue reading

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Seven Palms Sentosa Cove apartment sold at S$3,721 psf

AN apartment on the third level of the plush Seven Palms Sentosa Cove has been sold by the developer for S$15.782 million – which works out to S$3,721 per square foot based on the strata area of 4,241 sq ft. … Continue reading

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Ezra’s Lee family puts Sentosa bungalow up for sale

Ezra Holdings’ Lee family has put their waterway-fronting Sentosa Cove bungalow on the block, months after they sold a Good Class Bungalow (GCB) along Windsor Park Road last October for a cool S$22 million. The exclusive two-storey five-bedroom property in … Continue reading

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Blackstone, CIMB to invest in CDL’s Sentosa Cove properties

United States investment giant Blackstone and Malaysia’s CIMB Bank will invest in three Sentosa Cove properties owned by City Developments (CDL), including the W Singapore hotel, in a complex transaction valued at S$1.5 billion. The investment in the Quayside Collection … Continue reading

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Far East Organization to build hotel on Sentosa

Far East Organization has won the tender for a hotel site at Sentosa. The 60-year leasehold site at Artillery Avenue is situated on elevated ground and overlooks Palawan Beach. According to Sentosa Development Corporation, Far East will pay an upfront … Continue reading

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Analysts say Sentosa Cove property prices set to make rebound

Demand for luxury homes in Sentosa Cove may be softening but it is not losing its shine just yet. Property experts said prices in Sentosa Cove are set to make a rebound, even hitting previous highs seen in 2008 before … Continue reading

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Sentosa Cove has “lost some of its shine”: Colliers International

Touted as an enclave for the super-rich, Sentosa Cove “has lost some shine of late” after the 2008 global financial crisis and the raft of local property cooling measures in recent years, according to a report released by real estate … Continue reading

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Sentosa Cove home sales down after stiffer ABSD rates

Sales of private residential properties in Sentosa Cove have fallen substantially this year, following stiffer Additional Buyer’s Stamp Duty (ABSD) rates implemented in January this year. Property agency PropNex said industry data showed that 42 apartments and landed homes were … Continue reading

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Sentosa Cove condo developer sued over ‘defects’

Angered by what they allege to be “defects” on their property – which include termite-infested pool decking, flooded staircases in common areas and incorrectly-installed electrical fittings – 108 owners of an upscale condominium on Sentosa Cove have taken property developer … Continue reading

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