Sentosa Cove condos, once sold for premiums, have hit below $2,000 psf.
At the recent relaunch of The Residences at W Sentosa Cove Singapore, the average selling price was below $1,800 psf.
It is a bargain compared to new launches on mainland Singapore this year, including those in the Outside Central Region, with one development selling at over the $2,000 psf mark.
With property values on the island showing a decade of declines and capital appreciation as a key factor, the question arises: is this an opportune moment for investment?
We get more insights from Wong Shanting, Head, Research and Market Intelligence, ERA Singapore.
Presented by Audrey Siek
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