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