Cape Royale’s launch after 9 years: Is Sentosa’s property market making a comeback?
Earlier this year, Cape Royale, a Sentosa Cove condominium, made headlines for launching for sale nine years after it was completed.
According to Dominic Lee, Head of Luxury Team at PropNex Realty, new launches in the CCR have been selling at unit prices above S$2,600 psf while some projects in the RCR are already selling at unit prices over S$2,100 psf. Hence, it makes the properties at Sentosa more appealing.