Seascape @ Sentosa

Seascape @ Sentosa is a completed 99-year leasehold development at Cove Way in Sentosa Cove, District 4. This listing is a three-bedroom apartment of 2,336 sqft with four bathrooms, priced at $3,600,000.

At $1,541 per square foot, it sits at the bottom of our own condominium range, which runs from $1,541 to $3,581. That is worth pausing on, because Sentosa Cove is not an inexpensive address. The rest of this page explains why the two facts sit together.

Seascape @ Sentosa at a glance

• Address: 57/59 Cove Way, Singapore 098308 (District 4, Sentosa Cove)
• Type: 3 bedrooms, 4 bathrooms
• Strata area: 2,336 sqft
• Price: $3,600,000
• Price per square foot: $1,541, on strata area
• Tenure: 99-year leasehold, completed
• Furnishing: partially furnished
• Access: Sentosa Express, or HarbourFront on the Circle and North East lines, about 8 minutes

Why the psf reads the way it does

$3,600,000 divided by 2,336 sqft is $1,541 per square foot. The median across our condominium listings is $2,780, so this sits roughly 45 per cent below it.

Three things sit behind that. The unit is large for three bedrooms, at 2,336 sqft against a median of 1,216 across our list, and larger homes generally transact at a lower rate per square foot. The lease is a 99-year tenure already running. And Sentosa Cove is an island market with its own supply and its own buyer pool, which does not move in step with the mainland.

We publish the working rather than a verdict. Whether a low rate per square foot is the right thing to optimise for depends entirely on what you want the home to do.

The Sentosa Cove rule that decides this for many buyers

Sentosa Cove runs on its own track under the Residential Property Act. It is the one place in Singapore where a foreign buyer may be granted approval to buy landed property, and the approval process there differs from the mainland. For an apartment such as this one no approval is needed by any buyer, citizen or otherwise, which is the same as anywhere else in Singapore. The distinction matters if you are weighing an apartment here against a house here. Our page on foreigners buying landed property sets out the rules.

Who this suits

• A buyer who wants the waterfront and resort setting and is content to be on the island rather than in the city.
• A household that wants floor area at this budget. 2,336 sqft for $3.6m is a lot of room for the money in absolute terms.
• A buyer who has already decided Sentosa Cove is where they want to be. This is a distinct market and it rewards conviction rather than comparison shopping against the mainland.

Who should probably look elsewhere

• If you commute daily to the CBD. The island adds a step to every journey. HarbourFront is about eight minutes away, and that is before the mainland leg.
• If you want a deep resale market. Sentosa Cove is a small pool of buyers and sellers. That cuts both ways, and it matters most when you come to sell.
• If freehold matters to you. This is a 99-year lease already running.

Frequently asked questions

How big is this Seascape @ Sentosa unit?
2,336 sqft of strata area, with 3 bedrooms and 4 bathrooms.

What is the price and the psf?
$3,600,000, which is $1,541 per square foot of strata area.

What is the tenure?
99-year leasehold. The development is completed, so the lease is already running.

Can a foreigner buy an apartment in Sentosa Cove?
Yes. Apartments in a condominium development need no approval for any buyer. The special Sentosa Cove treatment applies to landed homes there, not to apartments.

How do you reach the mainland?
By the Sentosa Express, by road across the causeway, or on foot via the boardwalk. HarbourFront station, on the Circle and North East lines, is roughly eight minutes away.

Why is the psf so much lower than the rest of your list?
Three reasons together: a large floor area, a lease already in progress, and an island market with its own supply and demand. The section above sets it out.

What to check before you commit

The remaining lease, because it drives CPF usage and bank lending. See freehold and 99-year leasehold, and ask us for the exact balance.

The monthly outgoings. Sentosa Cove developments carry their own service standards and the maintenance reflects that. How the fee is calculated explains the mechanics; ask us for the figure on this unit.

For how this compares with the rest of the market, see condo prices in Singapore by district and psf.

Speak to our team

Prices, sizes and availability are indicative and can change without notice. Finest SRI is part of SRI Pte Ltd, agency licence L3010738A. Every enquiry is handled by a CEA-registered salesperson. Contact us for the floor plan, the lease balance, the current maintenance figure, or to arrange a viewing.