The not-so-idyllic view on Sentosa

SENTOSA, with its sandy beaches, roller coasters and fancy marina, makes for a fun day out for locals and tourists alike. But buying a home on Singapore’s resort islet does not appear to have much appeal. 

Recent sales of condominiums at The Residences at W Singapore Sentosa Cove put prices at almost 40 per cent under what the project was first sold at in 2010. As Leslie Yee points out, buyers at the initial launch could be staring at a huge mark-to-market loss. 

Current prices of Sentosa properties, which are located in the Core Central Region, also lag those of homes in prime areas on the mainland. And price appreciation of non-landed private homes in the prime Core Central Region has fallen behind other regions. Between Q2 2010 and Q1 2024, overall prices of non-landed private homes rose 50 per cent, while CCR prices grew 19 per cent.