Luxurious Oceanfront property for the Elite few

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Features
Address:
297 Ocean Drive
Sentosa Cove
Singapore, Singapore 99981
Singapore

Price: 3,300,000.00 USD
Square Area: 1,711 Sq. Ft (159 Sq. M)
Bedrooms: 3
Bathrooms: 3
Amenities:
Community
» Gated Community
General Features
» Controlled Access
» Security System
Home Features
» Deck/Patio
» Fitness Center
» Spa/Hot Tub
Water
» Boat Dock
» Boat Slip
» Private Lake
» Private Pond
» Swimming Pool
» Waterfront
» Waterview
Yard and Outdoors
» Basketball Court
» Gardens
» Tennis Court
» Terrace/Outdoor Space
Description
Sentosa Cove is a luxury residential development on Sentosa Island, Singapore. Once building is complete, eventually housing about 2,500 units. The Island is mostly made of reclaimed land and the development is it is being marketed as a "exclusive oceanfront residential community.

The master developer of the site is Sentosa Cove Pte Ltd, which is a subsidiary of Sentosa Development Corporation. SDC purchased the site from the Singapore Land Authority for a sum of about S$800 million.

The idea was originally conceptualized by Bernard Spoerry (Port Grimmaud, France) then updated by McKerrell Lynch. The first offering of apartments were apparently sold out within the first few days of being offered, which makes it surprising that so many luxury real estate agents are still offering them for sale.

Sentosa Cove represents the first, and thus far, only opportunity, for foreign investors to own residential land in Singapore,. Sentosa Cove investors receive a variety of financial benefits, in addition to 48 hour fast-track approval when purchasing properties or plots. The marina and associated berths attached to luxury waterfront housing estates will ultimately cater for more than 700 boats, of which ten of the marina berths will house 50 meter mega-yachts.

See the attached link for further details:

Website: http://citydev.sg/CDL/oceanfront/main.html

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