Condo - District 4 - Sentosa Cove

Whether a foreigner should invest in Sentosa Cove or mainland Singapore depends on their investment goals, budget, and personal circumstances. Both areas have their advantages and disadvantages, so it's important to carefully evaluate the pros and cons of each option.

Investing in Sentosa Cove offers the following benefits:

1. Exclusive Address: Sentosa Cove is a prestigious and exclusive address that is highly sought after by high-net-worth individuals and expats.
2. Resort-like Lifestyle: Sentosa Cove offers a resort-like lifestyle, with amenities such as private yacht berths, golf courses, and beach clubs.
3. Capital Appreciation Potential: Despite price volatility, you can find Sentosa Cove properties selling at a discount compared to similar condo within Singapore Core Central Region (CCR).
4. Potential Rental Income: Active demand for luxury rentals from high-net-worth individuals and expats is driving demand for Sentosa Cove properties that supports rental yields growth.
5. Long-Term Residency Options: Foreigners who purchase Sentosa Cove properties may be eligible to apply for long-term residency in Singapore, which can offer benefits such as greater job opportunities and access to healthcare and education

On the other hand, investing in mainland Singapore offers the following benefits:

1. More Diverse Options: There are a greater variety of properties available in mainland Singapore, including HDB flats, condominiums, and landed properties.
2. Greater Affordability: Hence, property in mainland Singapore are generally more affordable than in Sentosa Cove due to the greater choices with smaller layout size options.
3. Higher Rental Yields: Rental yields for properties in mainland Singapore may be higher than in Sentosa Cove, due to greater demand and a wider range of rental options.
4. Greater Accessibility: Mainland Singapore is more accessible than Sentosa Cove, with better transport links and a wider range of amenities and services.

Ultimately, the decision to invest in Sentosa Cove or mainland Singapore should be based on a careful assessment of the investor's goals, budget, and personal circumstances. It's important to conduct thorough research, seek professional advice, and evaluate the risks and rewards of each option before making a decision.

Sentosa Cove has become an increasingly attractive place to stay after the COVID-19 pandemic and remote work policies, as many people are now looking for properties that offer a comfortable and luxurious lifestyle with easy access to outdoor spaces and recreational facilities.

During the pandemic, many people have re-evaluated their lifestyle choices, and there has been a growing trend towards living in more spacious homes with outdoor areas and access to nature. Sentosa Cove offers residents the opportunity to enjoy a resort-like lifestyle with a wide range of outdoor activities, such as golf, sailing, and water sports, as well as access to beaches, parks, and walking trails.

Moreover, Sentosa Cove has been experiencing increased demand due to its unique location, which offers privacy and exclusivity while still being in close proximity to the city. With the Singapore government's plans to develop the Greater Southern Waterfront, Sentosa Cove is poised to become an even more attractive destination, with increased connectivity and access to amenities.

Overall, Sentosa Cove's desirable location, unique lifestyle offerings, and growing demand make it an attractive place to stay for those seeking a luxurious and convenient lifestyle.

In summary, Sentosa Cove has become an attractive place to stay for both locals and foreigner after COVID-19 for several reasons:

1. Seclusion and Privacy: The COVID-19 pandemic has increased demand for seclusion and privacy, as people seek to reduce the risk of infection and maintain social distancing. Sentosa Cove offers a secluded and exclusive environment, with spacious homes and private amenities.
2. Outdoor Lifestyle: Sentosa Cove's waterfront location and tropical climate make it an ideal destination for outdoor activities such as boating, golfing, and beach-going. The pandemic has increased demand for outdoor activities, as people seek to maintain their physical and mental health while avoiding indoor gatherings.
3. Work-From-Home Flexibility: The pandemic has accelerated the trend towards remote work and flexible schedules. Sentosa Cove's luxury homes offer ample space for home offices and workspaces, as well as amenities such as high-speed internet and home entertainment systems.
4. Proximity to Singapore's Attractions: While Sentosa Cove offers seclusion and privacy, it is still within easy reach of Singapore's world-class attractions such as shopping, dining, and entertainment. As travel restrictions have limited opportunities for international travel, residents of Sentosa Cove can enjoy a luxurious lifestyle without leaving the country.
5. Strong Property Market: Despite the economic impact of the pandemic, Singapore's property market has remained resilient. Sentosa Cove's exclusive address and luxury amenities have helped to maintain demand for properties in the community, with some properties seeing increased demand and rising prices.

Overall, Sentosa Cove's combination of luxury, seclusion, and proximity to Singapore's attractions has made it an attractive place to stay during and after the COVID-19 pandemic.

There are several future developments near Sentosa that could potentially help boost and sustain Sentosa Cove's demand in the next 10 years. Here are a few:

1. Greater Southern Waterfront: As mentioned earlier, the Greater Southern Waterfront is a major development project that aims to transform the southern coast of Singapore into a new lifestyle and business district. The project will bring new commercial and residential developments, public spaces, and amenities to the area, which could enhance the attractiveness of Sentosa Cove and potentially increase demand for properties in the area.
2. Resorts World Sentosa Expansion: Resorts World Sentosa, which is located on Sentosa Island, is planning a major expansion that will add new attractions, hotels, and entertainment options to the area. The expansion is expected to bring more visitors to Sentosa and increase demand for properties on the island, including in Sentosa Cove.
3. Keppel Club Site: The Keppel Club, which is located adjacent to Sentosa Cove, has been acquired by the government and will be redeveloped into a new residential and commercial district. This could potentially increase the demand for properties in the surrounding areas, including Sentosa Cove.
4. Sentosa-Brani Master Plan: The Sentosa-Brani Master Plan is a new development plan for Sentosa and Brani Island, which aims to transform the islands into a new leisure and entertainment destination. The plan includes the development of new attractions, hotels, and public spaces, which could potentially increase demand for properties on Sentosa Island, including in Sentosa Cove.
5. Sentosa Sensoryscape: Sentosa Sensoryscape is a new project that aims to enhance the overall experience of visitors to Sentosa Island by adding more greenery and nature-inspired installations to the island. This could potentially make Sentosa Cove more attractive to potential buyers who are looking for a more tranquil and natural environment.
6. Sentosa Golf Club Redevelopment: The Sentosa Golf Club, which is located next to Sentosa Cove, is undergoing a major redevelopment that will see the club transformed into a new championship golf course. The redevelopment could potentially increase demand for properties in the surrounding areas, including Sentosa Cove.
7. Sentosa-Brani Cable Car System: The Sentosa-Brani Cable Car System is a new cable car system that will connect Sentosa Island and Brani Island. The cable car system could potentially make Sentosa Cove more accessible and increase demand for properties in the area that caters to locals and tourists.

Overall, the development of new attractions and infrastructure near Sentosa Island, as well as the government's efforts to enhance the city's liveability, could potentially increase the demand of Sentosa Cove properties in the next 10 years. 

The price per square foot (PSF) of Sentosa Cove residential properties has varied over the last 20 years, and it is important to note that PSF prices can be affected by various factors, including market conditions, location, and quality of the property. The PSF trend of Sentosa Cove residential properties can be summarized as follows:

1. The PSF price for Sentosa Cove residential properties increased steadily from the mid-2000s to around 2008, where it peaked at around SGD 3,300 PSF.
2. After the 2008 financial crisis, PSF prices in Sentosa Cove declined, and there was a period of stagnation in the market from 2010 to 2016.
3. In recent years, the PSF price for Sentosa Cove residential properties has shown signs of recovery, with a gradual increase in prices since 2017.

As for the PSF price outlook in the next 10 years, it is difficult to predict with certainty as it can be affected by various factors such as the global economy, government policies, and market demand. However, there are some factors that could influence the PSF price of Sentosa Cove residential properties in the coming years:

1. The demand for luxury properties in Singapore could increase as the country continues to attract high-net-worth individuals and businesses.
2. The completion of new developments and infrastructure in the vicinity of Sentosa Cove, such as the Greater Southern Waterfront, could enhance the area's attractiveness and boost demand for properties in the area.
3. Government policies related to property market regulations and foreign ownership could have an impact on demand and prices.

The profitability of any property investment in Sentosa Cove can be influenced by various factors such as location, property type, condition, amenities, and demand in the market. However, there are some types of properties that are generally considered more desirable than others:

1. Bungalows and Villas: These are the most expensive and exclusive types of properties in Sentosa Cove, and they generally have the potential for higher capital appreciation and rental yields due to their prestige and amenities.
2. Waterfront Properties: Properties that offer unobstructed views of the sea or the marina can command higher prices and have the potential for higher rental yields due to their desirable location.
3. Newer Built Properties: Newer built properties generally have the potential for higher capital appreciation, as they may be in high demand due to their modern features and amenities.
4. Properties with Unique Features: Properties with unique features such as private swimming pools, rooftop gardens, and smart home systems can command higher prices and have the potential for higher rental yields.
5. Exclusive Developments: Developments with fewer units can have the potential for higher exclusivity and privacy, which may make them more attractive to high-net-worth individuals and expats that desire privacy or lifestyle preference.

It's important to note that the profitability of any property investment depends on various factors and is subject to market fluctuations. Therefore, it's important to conduct thorough research, seek professional advice, and evaluate the risks and rewards of each option before making a decision.

Sentosa Cove is known for its high-end and luxurious residential developments, and there are several unique, popular, and desirable properties to stay or invest in due to it high rental demand with large expats community. Some of the developments in Sentosa Cove includes:

1. The Oceanfront: This development is located on Ocean Drive and is known for its stunning sea views, spacious apartments and penthouses, and luxurious amenities such as private pools, gyms, and 24-hour security. The development's unique feature is its prime location, which provides great frontage to the sea, making it a popular and desirable choice for those seeking a luxurious waterfront lifestyle.
2. The Berth by the Cove: This development is located on Ocean Drive and is known for its waterfront living and private berth for yachts. The development features spacious villas with private swimming pools and lush gardens, making it a unique and popular choice for families and individuals seeking a luxurious lifestyle.
3. Turquoise: This development is located on Cove Drive and is known for its modern and luxurious apartments with private pools and stunning sea views. The development features amenities such as a rooftop garden, outdoor Jacuzzi, and 24-hour concierge service, making it a popular and desirable choice for those seeking a luxurious and convenient lifestyle.
4. Coral Island: This development is located on Coral Island and is known for its exclusive and private location. The development features spacious villas with private pools and direct access to the sea, making it a desirable and unique investment option.
5. Seascape: This development is located on Cove Way and is known for its stunning sea views and luxurious amenities such as a lap pool, gym, and 24-hour security. The development features spacious apartments and penthouses with private pools and is a popular choice for those seeking a luxurious and peaceful waterfront lifestyle.