Cape Royale The epitome of luxurious living, Cape Royale is nestled within the prestigious Sentosa Cove, enjoying a premier location at the entrance of the marina. This iconic condominium offers 302 luxuriously appointed units. Residents can look forward to enjoying a unique integrated marina lifestyle against the background of a tropical environment that’s in itself a rare treat....
A comprehensive blueprint aimed at redeveloping Sentosa and Pulau Brani into a “game-changing leisure and tourism destination” was unveiled on Friday (Sep 20), with plans for new spaces and concepts as well as rejuvenated beaches. The redevelopment of Sentosa and Pulau Brani is part of the Government’s larger move to remake Singapore’s Greater Southern Waterfront (GSW) and follows plans outlined...
CITY Developments Limited (CDL) acquired the remaining 62.5 per cent stake from the investors of Profit Participation Securities (PPS) 1 structure for S$393 million, giving it full control of W Singapore-Sentosa Cove and Quayside Isle as it seeks to ride on the government's plans to reshape Sentosa. At an earnings briefing on Thursday morning, group chief executive officer Sherman Kwek said that the...
Property developers City Developments Ltd (CDL) and Ho Bee Land typically aim to sell off all units in their residential property developments, but in the waterfront housing district of Sentosa Cove, they have been leasing out some units in their respective projects in recent years. This is not by choice, but due to the tough condo sales market in the locale. Transactions have been relatively few at...
As prices of Sentosa Cove properties drop to a record low, a condominium unit at a development called Seascape on the resort island was recently sold at a 50 per cent loss. The 2,336 sq ft three-bedroom unit was sold for S$3.1 million on May 23, which is S$3.2 million below its original purchase price of S$6.27 million in 2010, based on information from the Urban Redevelopment Authority’s transaction...
Three hotels with 839 rooms in all will open on Sentosa from April next year, operator Far East Hospitality announced on Thursday (Oct 18). Two, Village Sentosa and The Outpost Hotel, will open in April 2019 while The Barracks hotel is set to open in August. The hotels, first announced last year, will target the mid-tier segment, such as families and young adults on staycation as well as business...
A comprehensive set of plans to reshape Sentosa Island is being developed, announced Senior Minister of State for Trade and Industry Chee Hong Tat on Wednesday (Oct 17) at the opening of travel trade show ITB Asia 2018. Mr Chee spoke about Sentosa Island's status as a major tourism attraction in Singapore, and highlighted its need to remain competitive by constantly rejuvenating itself. "We are...
Sentosa Cove, a residential enclave nestled on an island off the coast of Singapore, is quiet at the best of times. On a weekday, its frangipani-lined streets are mostly devoid of life, save the odd domestic helper taking her four-legged charge out for a walk. The stillness, however, belies the real estate shuffling taking place behind the scenes. Property listings here have been rising. But unless...
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 S$270 million and S$284 million. These valuations work out to S$1.41 million and S$1.49 million per room respectively. Talk in the market is that both valuations assume a...
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, has been entered into. The transaction, via a sale of shares in the company that developed the 19-villa project, values the balance 10 bungalows at S$120-130 million, which...
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