Real Estate in Sentosa Cove
Last updated on Aug 11, 2024
Summary: People living in Sentosa Cove, Singapore offer advice about real estate. How do you find a home in Sentosa Cove? Should you buy or rent? What is the cost of housing?
What is a typical expat home or apartment like in Sentosa Cove?
"Expat homes in Sentosa Cove, are typically luxurious and spacious, reflecting the high-end lifestyle of the area. These residences often feature modern architecture and design, with large windows that allow for plenty of natural light and offer stunning views of the surrounding water and cityscape. The interiors are usually furnished with high-quality furniture and appliances, and the layout often includes multiple bedrooms and bathrooms, a fully equipped kitchen, a dining area, and a living room. Some homes may also have a home office or study, reflecting the needs of many expats. Outdoor spaces are also a common feature in Sentosa Cove homes, with many properties boasting private pools, gardens, and patios or balconies. These homes are often located within gated communities that offer a range of amenities such as fitness centers, clubhouses, and playgrounds. Despite being in a bustling city, these homes offer a sense of tranquility and privacy, with many properties located along the waterfront or nestled within lush green landscapes. The location also provides easy access to a range of leisure and recreational facilities, including golf courses, marinas, and beaches, as well as a variety of dining and shopping options. In terms of services, many expat homes in Sentosa Cove come with housekeeping and maintenance services, and some may also offer concierge services. Security is typically high, with 24-hour security systems and personnel in place. Overall, expat homes in Sentosa Cove offer a luxurious and comfortable living experience, combining modern conveniences with beautiful surroundings," explained one person living in Sentosa Cove, Singapore.
What is the average cost of housing in Sentosa Cove?
If you are thinking about moving to Sentosa Cove, cost of living in probably a key consideration. Expats commented about the cost of housing:
"The average cost of housing in Sentosa Cove is quite high due to its status as a luxury residential area. Prices can vary greatly depending on the size and specific location of the property, but on average, a property in Sentosa Cove can cost several million Singapore dollars. Some of the more luxurious properties, particularly those with waterfront views, can even reach tens of millions. It's important to note that these prices are subject to change and can fluctuate based on the real estate market," explained one expat living in Sentosa Cove, Singapore.
Should I buy or rent a home in Sentosa Cove?
If you have not spent a lot of time in Sentosa Cove, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision:
"The decision to buy or rent a home in Sentosa Cove depends on your financial situation, long-term plans, and personal preferences. If you have the financial means and plan to stay in Singapore for a long period, buying a home in Sentosa Cove can be a good investment, as it is a prestigious and luxurious residential area with high demand. Owning a property also allows you to customize your living space and potentially benefit from capital appreciation over time. On the other hand, if you are unsure about your long-term plans or prefer not to commit to a large financial investment, renting a home in Sentosa Cove can be a more flexible and convenient option. Renting allows you to experience the luxurious lifestyle of Sentosa Cove without the responsibilities and costs associated with property ownership, such as maintenance, taxes, and insurance. Additionally, renting provides the opportunity to easily relocate if your circumstances change or if you decide to explore other areas of Singapore. Ultimately, the choice between buying and renting a home in Sentosa Cove depends on your individual needs, preferences, and financial situation. It is essential to carefully consider your options and consult with a real estate professional to make the best decision for your circumstances," said one person in Sentosa Cove.
About the Author
Betsy Burlingame is the Founder and President of Expat Exchange and is one of the Founders of Digital Nomad Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange, Betsy worked at AT&T in International and Mass Market Marketing. She graduated from Ohio Wesleyan University with a BA in International Business and German.
Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.