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12 Treasure Island

12 Treasure Island

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SENTOSA COVE – BACKGROUND

The first Sentosa Cove residence was completed in 2006 and today, the precinct is home to more than 2,000 properties, of which about 20 per cent are landed homes and 80 per cent are condominium units. There are over 6,000 residents living in the precinct, which also has a marina, a hotel and F&B/retail outlets.
 
Sentosa Cove was built on a 117-hectare stretch of mostly reclaimed land on the eastern coast of Sentosa Island. Five islets had been carved out of the reclaimed land along with a network of canals.
 
Looking into the future, a few potential catalysts could revive buying at the Cove. One could kick in when RWS’s expansion plans announced in early 2019 come into fruition. Likewise, when Keppel Land launches its residential project on Keppel Island, this could lead to a repricing of properties on Sentosa Cove.
Another stimulus for Sentosa Cove is that it is part of the upcoming Greater Southern Waterfront or GSW (stretching across Singapore’s southern coastline, from Pasir Panjang to Marina East).
Mike Tan  |  CEA regn R069706Z  |  98280020