PropertyGuru

PropertyGuru Pte Ltd owns and operates a real estate property information website. The Company offers facilities to search for condominiums, apartments, Housing and Development Board (HDB) flats, serviced apartments, houses, and commercial properties to rent and buy in Singapore.

Asia's Leading Online Property Group

Asia's Leading Online Property Group, PropertyGuru

Bjorn Sprengers

Thematic (Sector/Industry)

Singapore Real estate / Thematic (Sector/Industry)

<p>Sentosa Cove is a private, exclusive enclave in Singapore, meant for the wealthiest of the wealthy. Cooling measures, however, have hit it hard, and transaction prices have fallen drastically. We give you the Guru View:</p><ul><li>While  the common perception is that Sentosa Cove is mostly for foreigners, a large number of buyers are still Singaporeans</li><li>Transaction volumes have fallen at Sentosa Cove, and prices have fallen to a median per sq ft price of S$1,400 as of Q1 2016</li><li>Developers have taken to monetizing unsold units by renting them out or other means, and are biding their time for the market to improve before selling their remnant units</li><li>For those with the means to enter Sentosa Cove's market, this is a good time, with prices at a relatively low level</li></ul>

Sentosa Cove is a private, exclusive enclave in Singapore, meant for the wealthiest of the wealthy. Cooling measures, however, have hit it hard, and transaction prices have fallen drastically. We give you the Guru View:While  the common perception is that Sentosa Cove is mostly for foreigners, a large number of buyers are still SingaporeansTransaction volumes have fallen at Sentosa Cove, and prices have fallen to a median per sq ft price of S$1,400 as of Q1 2016Developers have taken to monetizing unsold units by renting them out or other means, and are biding their time for the market to improve before selling their remnant unitsFor those with the means to enter Sentosa Cove's market, this is a good time, with prices at a relatively low level

Capitaland Integrated Commercial Trust (CICT SP)

Mapletree Pan Asia Commercial Trust (MCT SP)

Mapletree North Asia Commercial Trust (MAGIC SP)

Ying Li International Real Estate Ltd (YINGLI SP)

Lippo Malls Indonesia Retail Trust (LMRT SP)

Soilbuild Business Space REIT (SBREIT SP)

Pacific Century Regional Developments (PAC SP)

Frasers Logistics & Commercial Trust (FLT SP)

The Life of the Leisure Class: Looking at Sentosa Cove