journo
12-09-22, 11:25
Launch of Cape Royale spurs interest in Sentosa Cove homes
September 9, 2022
https://i.imgur.com/s9lk0nm.jpg
Originally from Rajasthan, India, chartered accountant and businessman Rajesh Bafna came to Singapore in 2001. In the 21 years he has been here, he has moved 14 times: the first 10 times as a tenant, and the next four, as a home owner-investor. His current residence is a penthouse at a private condominium, Waterview, in Tampines in the east.
He has now set his sights on Sentosa Cove. “It’s a different lifestyle,” he says. “We have enjoyed the views of the reservoir, the CBD and Marina Bay Sands. Now we want to enjoy a view of the sea.”
A fortnight ago, Bafna visited Cape Royale, a 302-unit luxury condo at Sentosa Cove developed by Ho Bee Land and IOI Properties in a 35:65 joint venture. He viewed two units, both four-bedroom apartments of 3,000 sq ft. The asking rent is $22,000 a month for these units. “They have beautiful sea views,” says Bafna. “They have a huge covered deck that you can enjoy even when it rains. You have a lot of privacy because you don’t see the other units. You’re directly facing the sea.”
Bafna is considering to rent first, and then purchase a home in Sentosa Cove after about two years. As a foreigner, he will be subjected to a 30% additional buyer’s stamp duty, hence he is selective about the unit he purchases.
“Sentosa Cove is one of those places where you feel mentally more peaceful,” notes Bafna. “You feel like you’re in a different place, but you’re still in Singapore.” He likes the fact that he will be able to hold weekend parties and invite his friends over if he wishes and he can work from home several days a week, saving travelling time. However, he has timed it — it takes just seven minutes to drive from Sentosa Cove to the city, even though the speed limit at Sentosa Cove is just 40 to 50 km per hour, he says.
Read more at: https://www.edgeprop.sg/property-news/launch-cape-royale-spurs-interest-sentosa-cove-homes
September 9, 2022
https://i.imgur.com/s9lk0nm.jpg
Originally from Rajasthan, India, chartered accountant and businessman Rajesh Bafna came to Singapore in 2001. In the 21 years he has been here, he has moved 14 times: the first 10 times as a tenant, and the next four, as a home owner-investor. His current residence is a penthouse at a private condominium, Waterview, in Tampines in the east.
He has now set his sights on Sentosa Cove. “It’s a different lifestyle,” he says. “We have enjoyed the views of the reservoir, the CBD and Marina Bay Sands. Now we want to enjoy a view of the sea.”
A fortnight ago, Bafna visited Cape Royale, a 302-unit luxury condo at Sentosa Cove developed by Ho Bee Land and IOI Properties in a 35:65 joint venture. He viewed two units, both four-bedroom apartments of 3,000 sq ft. The asking rent is $22,000 a month for these units. “They have beautiful sea views,” says Bafna. “They have a huge covered deck that you can enjoy even when it rains. You have a lot of privacy because you don’t see the other units. You’re directly facing the sea.”
Bafna is considering to rent first, and then purchase a home in Sentosa Cove after about two years. As a foreigner, he will be subjected to a 30% additional buyer’s stamp duty, hence he is selective about the unit he purchases.
“Sentosa Cove is one of those places where you feel mentally more peaceful,” notes Bafna. “You feel like you’re in a different place, but you’re still in Singapore.” He likes the fact that he will be able to hold weekend parties and invite his friends over if he wishes and he can work from home several days a week, saving travelling time. However, he has timed it — it takes just seven minutes to drive from Sentosa Cove to the city, even though the speed limit at Sentosa Cove is just 40 to 50 km per hour, he says.
Read more at: https://www.edgeprop.sg/property-news/launch-cape-royale-spurs-interest-sentosa-cove-homes