CDL's Sentosa Cove Residences: Luxury Living at Unprecedented Prices

CDL's Sentosa Cove Residences: Luxury Living at Unprecedented Prices

City Developments Ltd (CDL) is offering a unique opportunity to purchase 58 units at The Residences at W Singapore Sentosa Cove at prices significantly lower than their initial launch in 2010. These units, described as "specially curated," are available starting from S$2.1 million for two-bedroom apartments and up to S$3.5 million for four-bedroom units. This sale comes amidst a surge in interest for properties in Sentosa Cove.

The Residences, part of the Quayside Collection, is a 99-year leasehold luxury development in District 4's Core Central Region, with about 80 years left on its lease. The development, completed in 2011, spans approximately 250,000 sq ft and includes 228 units.

Current prices for the units on sale are notably lower than previous sales, with the median price now around 40% less than past figures. For instance, a two-bedroom unit is now going for S$1,726 per sq ft, a three-bedroom for S$1,648 per sq ft, and a four-bedroom for S$1,687 per sq ft. This pricing strategy is aimed at making luxury oceanfront living more accessible, aligning with the government's Sentosa-Brani Master Plan, which is expected to enhance the area's appeal and property values.

Viewings for these exclusive units will be available by appointment from April 10 to April 14, with sales bookings commencing on April 15. This presents a prime investment opportunity in one of Singapore's most prestigious waterfront developments.

Adapt from The Business Times

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