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The World's Most Desirable Address?

Sentosa Cove, a residential development prices have since jumped from 350
on Sentosa Island in Singapore is Singapore dollars per square foot to
marketed as "the world's most desirable 1,799 dollars per square foot.
address." There's no doubt that Sentosa Analysts estimate that Singapore's
Cove is among the more exclusive property market will increase by as much
developments in Southeast Asia, but is it as 30 percent this year. So far, Sentosa
really the world's most exclusive Cove has outpaced the rest of the
address? We'll let you decide. Singapore market in appreciation, in part
Divided into two gated communities, because it is the only place in Singapore
covering 290 acres, Sentosa Cove has a where foreigners are allowed to buy
members-only marina, berths for mega landed properties.
yachts, and W Hotel in the works. On the But is it all enough to consider Sentosa
island there are 2 championship golf Cove the world's most desirable address?
courses, and there are plans to build a Developers in Dubai might have something
resort featuring a casino and a Universal to say about that.
Studios theme park. More on Sentosa Island:
Of the 2,500 homes planned for Sentosa, which means peace and
completion, some of the more exciting tranquillity in Malay, is a popular
projects include: island resort in Singapore, visited by
- An 18-villa community on Sandy Island, some five million people a year.
one of the manmade islands in the Cove, Attractions include a two-kilometre long
where villas will range in size from sheltered beach, Fort Siloso, two golf
about 6,500 square feet to 12,000 square courses and two five-star hotels.
feet. Each will come with a boat berth The island has an area of 5 square
and a private pool. Claudio Silvestrin, kilometres. It lies just half a kilometre
the architect, designs Georgio Armani's (a quarter of a mile) away from the
stores. southern coast of the main island of
- A 20-unit apartment development that Singapore. It is Singapore's fourth
will be the only property facing Sentosa largest island (excluding the main
Golf Club's Tanjong Course. Each 6,000 island). 70% of the island is covered by
square foot unit will have its own pool secondary rainforest, the habitat of
and an estimated price tag between 9-10 monitor lizards, monkeys, peacocks,
million Singapore dollars (about parrots as well as other native fauna and
6.25-6.95 million US). flora. Significantly large portions of
- The Pinnacle Collection, a planned land are currently being added to Sentosa
20-story condominium structure that will due to land reclamation.
be the tallest building on the island and Sentosa has a stretch of sheltered beach
will offer panoramic vistas of the South of more than two kilometres in length on
China Sea, the Southern Islands and the its southern coast, divided into three
city skyline. portions: Palawan Beach, Siloso Beach,
Although land sales in Sentosa Cove and Tanjong Beach. These beaches are
started off with a bust back in 2003 (in artificial, reclaimed using sand bought
the midst of the SARS epidemic), land from Indonesia and Malaysia.




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