Property giant City Developments Limited (CDL) unveiled its new luxury hotel W Singapore - Sentosa Cove on Tuesday. Experts said the hotel, which claims to be Singapore's greenest new hotel, offers, will reinforce CDL's corporate sustainability efforts. The developer of W Singapore - Sentosa Cove said this is the first new hotel in Singapore to be awarded the Green Mark Platinum Award. The Platinum...
Sentosa Property
Sentosa Cove failed to deliver good home sales numbers on the back of a general slowdown in the luxury property sector. According to consultants, the changing trend is due to attractive deals being offered in other areas, a lack of new launches on Sentosa and foreign buyers being deterred by the additional buyer’s stamp duty (ABSD). Alan Cheong, Research Head of Savills Singapore, noted that since the...
A three-bedroom villa at luxury hotel Capella Singapore is being offered for long-term rentals at S$42,000 a month, making it one of the most expensive rental properties here. "We are targeting at least a two-year lease," said Mr Robert Lagerwey, general manager of the five-star hotel, which opened on the leafy tropical island of Sentosa in March 2009. The house, which covers 4,693 sq ft on two floors,...
Resorts World Sentosa (RWS) will open the last two of its six hotels on Thursday, 16 February. The new hotels - Equarius Hotel and Beach Villas - are aimed at high-end guests. Room rates for Equarius begin at S$800, while those of Beach Villas start from S$1,200. The resort will open fully by the end of the year with three more attractions - Marine Life Park, a water theme park and a destination...
The 124-unit luxury condominium Marina Collection by developer Lippo Group was completed just last year, and is located next door to ONE°15 Marina Club. The project has seen a spate of buying interest despite the imposition of the additional buyer’s stamp duty (ABSD) on Dec 8. Based on the latest caveats lodged and downloaded from URA Realis as at Jan 18, there were three transactions at the project,...
Only eight non-landed homes were sold during the first two months of 2011 in Sentosa Cove, once a hot spot for property investment in Singapore. This represents a decrease from the 17 transactions in Q4 2010 and well below the 71 transactions in Q2 2010. The opening of City Developments’ (CDL) The Residences at W Singapore accounted for 19 of the total sales. Considered an exclusive segment of the...
Tourism in Sentosa is being given an additional boost with the S$80-million makeover of Shangri-La's Rasa Sentosa Resort. It reopened after a 10-month facelift in January. The resort, one of 11 hotels on Sentosa, is the only resort in Singapore that has a beach front location. It undertook the renovation to raise the profile of the island. Ben Bousnina, GM of Shangri-La's Rasa Sentosa Resort, said:...
Sentosa is now just a stroll away from VivoCity, with the opening of the Sentosa boardwalk. And travelling to the island on foot could now be a more fun experience. This S$70 million boardwalk is lined with themed gardens, shops and eateries. It is convenient for the elderly and handicapped too. There are travellators and a covered walkway for rainy days. To encourage more people to walk to Sentosa,...
The record $36 million deal for a Sentosa Cove bungalow in April this year seems to have fizzled out, with the buyer forfeiting a cool $500,000 deposit and more. Lianhe Zaobao reported yesterday that the buyer of the 14,983 sq ft, 99-year leasehold site on Paradise Island recently backed out of the deal. He may have cold feet after learning from the widespread coverage of the deal at the time that his...
City Developments said the structure of the new W Singapore Sentosa Cove hotel is ready while the adjacent Residences at W Singapore Sentosa Cove is nearing completion. In an update on the construction of the luxury resort, CDL says it will be a cosmopolitan oasis for tourists and locals alike and is reminiscent of world-famous locations such as Port Grimaud along the French Riviera. The developer added...